ESPRIT BOIS: 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 BOIS
Largest movements
- Cash +€69,849
up €69,849 (+22.6%), from €308,475 to €378,324
mainly Net result for the year (+€88,804) and Other debts (+€55,781)
- Tangible fixed assets -€14,500
down €14,500 (-6.7%), from €217,521 to €203,021
of which Plant, machinery and equipment: -€12,277
- Other debts +€55,781
up €55,781 (+1,263%), from €4,418 to €60,200
- Reserves +€28,783
up €28,783 (+11.6%), from €247,203 to €275,986
of which Distributable reserves: +€28,783
- Debts after one year -€23,184
down €23,184 (-11.8%), from €197,148 to €173,964
- Accrued charges and deferred income -€14,084
no longer reported in 2025 (was €14,084)
- Tax, wage and social debts +€11,371
up €11,371 (+505%), from €2,250 to €13,621
- Gross operating margin -€19,441
down €19,441 (-6.6%), from €295,920 to €276,478
- Depreciation +€6,669
up €6,669 (+22.0%), from €30,289 to €36,958
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 | €561,770 | €612,675 | +€50,905 | +9.1% |
| Fixed assets | 21/28 | €217,521 | €204,094 | -€13,427 | -6.2% |
| Intangible fixed assets | 21 | - | €1,073 | +€1,073 | |
| Tangible fixed assets | 22/27 | €217,521 | €203,021 | -€14,500 | -6.7% |
| Land and buildings | 22 | €169,121 | €158,983 | -€10,139 | -6.0% |
| Plant, machinery and equipment | 23 | €20,054 | €7,776 | -€12,277 | -61.2% |
| Furniture and vehicles | 24 | €28,346 | €36,262 | +€7,916 | +27.9% |
| Current assets | 29/58 | €344,249 | €408,581 | +€64,332 | +18.7% |
| Amounts receivable within one year | 40/41 | €33,020 | €27,704 | -€5,316 | -16.1% |
| Trade receivables | 40 | €28,879 | €14,675 | -€14,204 | -49.2% |
| Other amounts receivable | 41 | €4,141 | €13,029 | +€8,888 | +215% |
| Cash at bank and in hand | 54/58 | €308,475 | €378,324 | +€69,849 | +22.6% |
| Deferred charges and accrued income | 490/1 | €2,754 | €2,553 | -€201 | -7.3% |
| Total equity and liabilities | 10/49 | €561,770 | €612,675 | +€50,905 | +9.1% |
| Equity | 10/15 | €285,450 | €311,338 | +€25,888 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €247,203 | €275,986 | +€28,783 | +11.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €245,343 | €274,126 | +€28,783 | +11.7% |
| Profit (loss) carried forward | 14 | €3,805 | €3,805 | = | 0.0% |
| Investment grants | 15 | €15,843 | €12,948 | -€2,895 | -18.3% |
| Amounts payable | 17/49 | €276,320 | €301,336 | +€25,017 | +9.1% |
| Amounts payable after more than one year | 17 | €197,148 | €173,964 | -€23,184 | -11.8% |
| Financial debts | 170/4 | €197,148 | €173,964 | -€23,184 | -11.8% |
| Amounts payable within one year | 42/48 | €65,088 | €127,373 | +€62,285 | +95.7% |
| Current portion of amounts payable after more than one year | 42 | €23,361 | €23,184 | -€177 | -0.8% |
| Trade debts | 44 | €35,059 | €30,368 | -€4,691 | -13.4% |
| Suppliers | 440/4 | €35,059 | €30,368 | -€4,691 | -13.4% |
| Taxes, remuneration and social security | 45 | €2,250 | €13,621 | +€11,371 | +505% |
| Taxes | 450/3 | €2,250 | €13,621 | +€11,371 | +505% |
| Other amounts payable | 47/48 | €4,418 | €60,200 | +€55,781 | +1,263% |
| Accrued charges and deferred income | 492/3 | €14,084 | - | -€14,084 | |
| Remuneration, social security and pensions | 62 | €101,315 | €100,544 | -€771 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,289 | €36,958 | +€6,669 | +22.0% |
| Other operating charges | 640/8 | €6,699 | €6,615 | -€84 | -1.2% |
| Gross operating margin | 9900 | €295,920 | €276,478 | -€19,441 | -6.6% |
| Operating profit (loss) | 9901 | €157,617 | €132,361 | -€25,256 | -16.0% |
| Financial income | 75/76B | €4,360 | €4,624 | +€264 | +6.1% |
| Recurring financial income | 75 | €4,360 | €4,624 | +€264 | +6.1% |
| Financial charges | 65/66B | €8,588 | €7,768 | -€820 | -9.5% |
| Recurring financial charges | 65 | €8,588 | €7,768 | -€820 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €153,389 | €129,217 | -€24,172 | -15.8% |
| Income taxes | 67/77 | €43,092 | €40,412 | -€2,680 | -6.2% |
| Profit (loss) for the period | 9904 | €110,296 | €88,804 | -€21,492 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €110,296 | €88,804 | -€21,492 | -19.5% |
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 25 October 2026 via checked.be.