Esprit Blanc: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Esprit Blanc
Largest movements
- Tangible fixed assets -€8,722
down €8,722 (-2.3%), from €375,728 to €367,006
- Debts after one year -€22,036
down €22,036 (-14.3%), from €153,905 to €131,869
- Other debts +€13,072
up €13,072 (+5.3%), from €244,329 to €257,400
- Other operating charges +€926
up €926 (+31.9%), from €2,906 to €3,832
- Gross operating margin +€619
up €619 (+3.4%), from €18,115 to €18,734
- Financial charges -€550
down €550 (-11.1%), from €4,933 to €4,383
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €383,825 | €374,618 | -€9,207 | -2.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €383,670 | €373,157 | -€10,513 | -2.7% |
| Tangible fixed assets | 22/27 | €375,728 | €367,006 | -€8,722 | -2.3% |
| Land and buildings | 22 | €375,728 | €367,006 | -€8,722 | -2.3% |
| Financial fixed assets | 28 | €7,942 | €6,151 | -€1,791 | -22.6% |
| Current assets | 29/58 | €155 | €1,461 | +€1,306 | +845% |
| Cash at bank and in hand | 54/58 | €155 | €1,461 | +€1,306 | +845% |
| Total equity and liabilities | 10/49 | €383,825 | €374,618 | -€9,207 | -2.4% |
| Equity | 10/15 | -€37,291 | -€38,996 | -€1,705 | -4.6% |
| Contributions | 10/11 | €15,860 | €15,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,151 | -€54,856 | -€1,705 | -3.2% |
| Amounts payable | 17/49 | €421,116 | €413,614 | -€7,502 | -1.8% |
| Amounts payable after more than one year | 17 | €153,905 | €131,869 | -€22,036 | -14.3% |
| Financial debts | 170/4 | €153,905 | €131,869 | -€22,036 | -14.3% |
| Amounts payable within one year | 42/48 | €267,066 | €281,745 | +€14,679 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €21,477 | €22,036 | +€559 | +2.6% |
| Trade debts | 44 | €1,261 | €2,309 | +€1,048 | +83.2% |
| Suppliers | 440/4 | €1,261 | €2,309 | +€1,048 | +83.2% |
| Other amounts payable | 47/48 | €244,329 | €257,400 | +€13,072 | +5.3% |
| Accrued charges and deferred income | 492/3 | €145 | €0 | -€145 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,048 | €12,223 | +€175 | +1.5% |
| Other operating charges | 640/8 | €2,906 | €3,832 | +€926 | +31.9% |
| Gross operating margin | 9900 | €18,115 | €18,734 | +€619 | +3.4% |
| Operating profit (loss) | 9901 | €3,161 | €2,678 | -€483 | -15.3% |
| Financial charges | 65/66B | €4,933 | €4,383 | -€550 | -11.1% |
| Recurring financial charges | 65 | €4,933 | €4,383 | -€550 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,772 | -€1,705 | +€67 | +3.8% |
| Profit (loss) for the period | 9904 | -€1,772 | -€1,705 | +€67 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,772 | -€1,705 | +€67 | +3.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.