ESPRIT RENOV: 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 RENOV
Largest movements
- Cash +€9,542
up €9,542 (+37,331%), from €26 to €9,567
mainly Receivables within one year (+€4,716) and Depreciation (+€4,444)
- Receivables within one year -€4,716
down €4,716 (-38.9%), from €12,118 to €7,402
of which Trade receivables: -€6,100
- Tangible fixed assets -€4,444
down €4,444 (-69.5%), from €6,395 to €1,951
of which Furniture and vehicles: -€2,452
- Stocks and contracts -€4,418
down €4,418 (-47.3%), from €9,338 to €4,920
of which Contracts in progress: -€4,418
- Receivables after one year -€2,750
down €2,750 (-30.2%), from €9,118 to €6,368
- Profit (loss) carried forward -€8,933
down €8,933 (-37.1%), from -€24,081 to -€33,014
- Trade debts +€4,230
up €4,230 (+69.8%), from €6,064 to €10,293
- Tax, wage and social debts +€3,752
up €3,752 (+307%), from €1,222 to €4,974
of which Remuneration and social security: +€4,300
- Current portion of long-term debt -€2,196
no longer reported in 2025 (was €2,196)
- Other debts -€1,512
no longer reported in 2025 (was €1,512)
- Gross operating margin -€13,123
down €13,123 (-90.6%), from €14,477 to €1,354
- Depreciation -€4,476
down €4,476 (-50.2%), from €8,921 to €4,444
- Other operating charges +€1,471
up €1,471 (+74.3%), from €1,979 to €3,450
- Financial charges +€997
up €997 (+79.1%), from €1,260 to €2,257
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 | €36,995 | €32,335 | -€4,660 | -12.6% |
| Fixed assets | 21/28 | €6,395 | €1,951 | -€4,444 | -69.5% |
| Tangible fixed assets | 22/27 | €6,395 | €1,951 | -€4,444 | -69.5% |
| Plant, machinery and equipment | 23 | €3,943 | €1,951 | -€1,992 | -50.5% |
| Furniture and vehicles | 24 | €2,452 | - | -€2,452 | |
| Current assets | 29/58 | €30,600 | €30,384 | -€215 | -0.7% |
| Amounts receivable after more than one year | 29 | €9,118 | €6,368 | -€2,750 | -30.2% |
| Other amounts receivable | 291 | €9,118 | €6,368 | -€2,750 | -30.2% |
| Stocks and contracts in progress | 3 | €9,338 | €4,920 | -€4,418 | -47.3% |
| Stocks | 30/36 | €4,920 | €4,920 | = | 0.0% |
| Contracts in progress | 37 | €4,418 | - | -€4,418 | |
| Amounts receivable within one year | 40/41 | €12,118 | €7,402 | -€4,716 | -38.9% |
| Trade receivables | 40 | €6,800 | €700 | -€6,100 | -89.7% |
| Other amounts receivable | 41 | €5,318 | €6,702 | +€1,384 | +26.0% |
| Cash at bank and in hand | 54/58 | €26 | €9,567 | +€9,542 | +37,331% |
| Deferred charges and accrued income | 490/1 | - | €2,127 | +€2,127 | |
| Total equity and liabilities | 10/49 | €36,995 | €32,335 | -€4,660 | -12.6% |
| Equity | 10/15 | €26,001 | €17,068 | -€8,933 | -34.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,482 | €31,482 | = | 0.0% |
| Distributable reserves | 133 | €31,482 | €31,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,081 | -€33,014 | -€8,933 | -37.1% |
| Amounts payable | 17/49 | €10,994 | €15,267 | +€4,273 | +38.9% |
| Amounts payable within one year | 42/48 | €10,994 | €15,267 | +€4,273 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €2,196 | - | -€2,196 | |
| Trade debts | 44 | €6,064 | €10,293 | +€4,230 | +69.8% |
| Suppliers | 440/4 | €6,064 | €10,293 | +€4,230 | +69.8% |
| Taxes, remuneration and social security | 45 | €1,222 | €4,974 | +€3,752 | +307% |
| Taxes | 450/3 | €1,222 | €674 | -€548 | -44.9% |
| Remuneration and social security | 454/9 | - | €4,300 | +€4,300 | |
| Other amounts payable | 47/48 | €1,512 | - | -€1,512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,921 | €4,444 | -€4,476 | -50.2% |
| Other operating charges | 640/8 | €1,979 | €3,450 | +€1,471 | +74.3% |
| Gross operating margin | 9900 | €14,477 | €1,354 | -€13,123 | -90.6% |
| Operating profit (loss) | 9901 | €3,577 | -€6,540 | -€10,118 | |
| Financial income | 75/76B | €393 | €332 | -€61 | -15.5% |
| Recurring financial income | 75 | €393 | €332 | -€61 | -15.5% |
| Financial charges | 65/66B | €1,260 | €2,257 | +€997 | +79.1% |
| Recurring financial charges | 65 | €1,260 | €2,257 | +€997 | +79.1% |
| Profit (loss) for the period before taxes | 9903 | €2,710 | -€8,465 | -€11,175 | |
| Income taxes | 67/77 | €409 | €468 | +€58 | +14.3% |
| Profit (loss) for the period | 9904 | €2,301 | -€8,933 | -€11,233 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,301 | -€8,933 | -€11,233 |
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 29 October 2026 via checked.be.