ESPRESSO TECHNICA: what changed
ESPRESSO TECHNICA
Largest movements
- Tangible fixed assets +€7,977
up €7,977 (+108%), from €7,361 to €15,338
of which Furniture and vehicles: +€10,616
- Cash -€7,955
down €7,955 (-20.6%), from €38,673 to €30,718
mainly Investment in fixed assets (net) (-€14,476) and Stocks and contracts (-€7,500)
- Stocks and contracts +€7,500
up €7,500 (+53.6%), from €14,000 to €21,500
- Deferred charges and accrued income +€2,743
up €2,743 (+2,815%), from €97 to €2,840
- Tax, wage and social debts +€13,685
up €13,685 (+82.2%), from €16,659 to €30,344
of which Taxes: +€10,751
- Trade debts -€4,340
down €4,340 (-21.4%), from €20,301 to €15,961
- Other debts -€3,678
down €3,678 (-43.1%), from €8,525 to €4,847
- Current portion of long-term debt +€2,423
new in 2025: €2,423
- Staff costs +€13,333
up €13,333 (+6.5%), from €205,996 to €219,330
- Gross operating margin -€9,757
down €9,757 (-4.1%), from €240,663 to €230,907
- Taxes -€7,315
down €7,315 (-75.6%), from €9,678 to €2,362
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,363 | €177,298 | +€8,934 | +5.3% |
| Fixed assets | 21/28 | €29,461 | €37,438 | +€7,977 | +27.1% |
| Tangible fixed assets | 22/27 | €7,361 | €15,338 | +€7,977 | +108% |
| Plant, machinery and equipment | 23 | €5,007 | €2,367 | -€2,640 | -52.7% |
| Furniture and vehicles | 24 | €2,354 | €12,970 | +€10,616 | +451% |
| Financial fixed assets | 28 | €22,100 | €22,100 | = | 0.0% |
| Current assets | 29/58 | €138,903 | €139,860 | +€958 | +0.7% |
| Stocks and contracts in progress | 3 | €14,000 | €21,500 | +€7,500 | +53.6% |
| Stocks | 30/36 | €14,000 | €21,500 | +€7,500 | +53.6% |
| Amounts receivable within one year | 40/41 | €86,132 | €84,801 | -€1,330 | -1.5% |
| Trade receivables | 40 | €85,383 | €79,664 | -€5,719 | -6.7% |
| Other amounts receivable | 41 | €748 | €5,138 | +€4,389 | +586% |
| Cash at bank and in hand | 54/58 | €38,673 | €30,718 | -€7,955 | -20.6% |
| Deferred charges and accrued income | 490/1 | €97 | €2,840 | +€2,743 | +2,815% |
| Total equity and liabilities | 10/49 | €168,363 | €177,298 | +€8,934 | +5.3% |
| Equity | 10/15 | €122,879 | €123,723 | +€844 | +0.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €97,879 | €98,723 | +€844 | +0.9% |
| Distributable reserves | 133 | €97,879 | €98,723 | +€844 | +0.9% |
| Amounts payable | 17/49 | €45,484 | €53,575 | +€8,091 | +17.8% |
| Amounts payable within one year | 42/48 | €45,484 | €53,575 | +€8,091 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,423 | +€2,423 | |
| Trade debts | 44 | €20,301 | €15,961 | -€4,340 | -21.4% |
| Suppliers | 440/4 | €20,301 | €15,961 | -€4,340 | -21.4% |
| Taxes, remuneration and social security | 45 | €16,659 | €30,344 | +€13,685 | +82.2% |
| Taxes | 450/3 | €12,912 | €23,663 | +€10,751 | +83.3% |
| Remuneration and social security | 454/9 | €3,746 | €6,681 | +€2,934 | +78.3% |
| Other amounts payable | 47/48 | €8,525 | €4,847 | -€3,678 | -43.1% |
| Non-recurring operating income | 76A | €9,399 | - | -€9,399 | |
| Remuneration, social security and pensions | 62 | €205,996 | €219,330 | +€13,333 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,604 | €6,499 | +€1,895 | +41.2% |
| Other operating charges | 640/8 | €1,513 | €1,725 | +€211 | +14.0% |
| Gross operating margin | 9900 | €240,663 | €230,907 | -€9,757 | -4.1% |
| Operating profit (loss) | 9901 | €28,549 | €3,353 | -€25,196 | -88.3% |
| Financial income | 75/76B | €1,037 | €701 | -€337 | -32.5% |
| Recurring financial income | 75 | €1,037 | €701 | -€337 | -32.5% |
| Financial charges | 65/66B | €875 | €848 | -€28 | -3.2% |
| Recurring financial charges | 65 | €875 | €848 | -€28 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €28,712 | €3,206 | -€25,505 | -88.8% |
| Income taxes | 67/77 | €9,678 | €2,362 | -€7,315 | -75.6% |
| Profit (loss) for the period | 9904 | €19,034 | €844 | -€18,190 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,034 | €844 | -€18,190 | -95.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.