Esprit Consult: what changed
Two fiscal 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 Consult
Largest movements
- Receivables within one year -€58,014
down €58,014 (-31.0%), from €187,244 to €129,230
of which Trade receivables: -€65,247
- Cash -€55,862
down €55,862 (-72.9%), from €76,678 to €20,815
mainly Contributions, distributions and other (-€175,616) and Investment in fixed assets (net) (-€91,231)
- Tangible fixed assets +€48,216
up €48,216 (+125.0%), from €38,564 to €86,780
of which Furniture and vehicles: +€68,423
- Deferred charges and accrued income -€3,600
down €3,600 (-12.9%), from €27,900 to €24,300
- Other debts -€36,500
down €36,500 (-15.5%), from €236,000 to €199,500
- Reserves -€26,044
down €26,044 (-56.6%), from €46,050 to €20,005
of which Distributable reserves: -€26,044
- Current portion of long-term debt -€5,974
no longer reported in 2025 (was €5,974)
- Write-downs +€47,509
new in 2025: €47,509
- Depreciation +€22,808
up €22,808 (+112.9%), from €20,207 to €43,015
- Gross operating margin +€10,978
up €10,978 (+4.9%), from €226,017 to €236,995
- Financial income +€8,847
up €8,847 (+5799.7%), from €153 to €9,000
of which Non-recurring financial income: +€9,000
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.
Cash bridge derived
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 | €330,386 | €261,126 | -€69,260 | -21.0% |
| Fixed assets | 21/28 | €38,564 | €86,780 | +€48,216 | +125.0% |
| Tangible fixed assets | 22/27 | €38,564 | €86,780 | +€48,216 | +125.0% |
| Plant, machinery and equipment | 23 | €38,564 | €18,357 | -€20,207 | -52.4% |
| Furniture and vehicles | 24 | - | €68,423 | +€68,423 | |
| Current assets | 29/58 | €291,822 | €174,346 | -€117,476 | -40.3% |
| Amounts receivable within one year | 40/41 | €187,244 | €129,230 | -€58,014 | -31.0% |
| Trade receivables | 40 | €160,443 | €95,195 | -€65,247 | -40.7% |
| Other amounts receivable | 41 | €26,801 | €34,035 | +€7,234 | +27.0% |
| Cash at bank and in hand | 54/58 | €76,678 | €20,815 | -€55,862 | -72.9% |
| Deferred charges and accrued income | 490/1 | €27,900 | €24,300 | -€3,600 | -12.9% |
| Total equity and liabilities | 10/49 | €330,386 | €261,126 | -€69,260 | -21.0% |
| Equity | 10/15 | €47,775 | €21,730 | -€26,044 | -54.5% |
| Contributions | 10/11 | €1,725 | €1,725 | = | 0.0% |
| Reserves | 13 | €46,050 | €20,005 | -€26,044 | -56.6% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €27,300 | €1,255 | -€26,044 | -95.4% |
| Provisions and deferred taxes | 16 | €37,712 | €37,712 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €37,712 | €37,712 | = | 0.0% |
| Other liabilities and charges | 164/5 | €37,712 | €37,712 | = | 0.0% |
| Amounts payable | 17/49 | €244,900 | €201,684 | -€43,216 | -17.6% |
| Amounts payable within one year | 42/48 | €244,900 | €201,684 | -€43,216 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €5,974 | - | -€5,974 | |
| Trade debts | 44 | €93 | €520 | +€427 | +462.0% |
| Suppliers | 440/4 | €93 | €520 | +€427 | +462.0% |
| Taxes, remuneration and social security | 45 | €2,833 | €1,664 | -€1,169 | -41.3% |
| Taxes | 450/3 | €2,833 | €1,664 | -€1,169 | -41.3% |
| Other amounts payable | 47/48 | €236,000 | €199,500 | -€36,500 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,207 | €43,015 | +€22,808 | +112.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €47,509 | +€47,509 | |
| Other operating charges | 640/8 | €1,001 | €1,032 | +€31 | +3.1% |
| Gross operating margin | 9900 | €226,017 | €236,995 | +€10,978 | +4.9% |
| Operating profit (loss) | 9901 | €204,809 | €145,439 | -€59,370 | -29.0% |
| Financial income | 75/76B | €153 | €9,000 | +€8,847 | +5799.7% |
| Recurring financial income | 75 | €153 | €0 | -€153 | -100.0% |
| Non-recurring financial income | 76B | - | €9,000 | +€9,000 | |
| Financial charges | 65/66B | €352 | €204 | -€148 | -42.1% |
| Recurring financial charges | 65 | €283 | €92 | -€190 | -67.3% |
| Non-recurring financial charges | 66B | €69 | €111 | +€42 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €204,610 | €154,235 | -€50,374 | -24.6% |
| Income taxes | 67/77 | €2,833 | €4,664 | +€1,831 | +64.6% |
| Profit (loss) for the period | 9904 | €201,776 | €149,571 | -€52,205 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €201,776 | €149,571 | -€52,205 | -25.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.