ESPRIT TECHNICS & SERVICES: 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 TECHNICS & SERVICES
Largest movements
- Cash +€29,373
up €29,373 (+65.1%), from €45,114 to €74,487
mainly Net result for the year (+€24,419) and Receivables within one year (+€17,988)
- Receivables within one year -€17,988
down €17,988 (-72.1%), from €24,965 to €6,977
of which Other amounts receivable: -€10,023
- Stocks and contracts +€2,563
up €2,563 (+18.5%), from €13,876 to €16,439
- Tangible fixed assets -€1,683
down €1,683 (-22.5%), from €7,492 to €5,810
of which Furniture and vehicles: -€1,445
- Formation expenses -€1,177
no longer reported in 2024 (was €1,177)
- Reserves +€24,419
up €24,419 (+71.9%), from €33,974 to €58,393
- Trade debts -€21,397
down €21,397 (-89.9%), from €23,808 to €2,411
- Tax, wage and social debts +€8,186
up €8,186 (+58.0%), from €14,124 to €22,310
- Gross operating margin -€12,084
down €12,084 (-23.4%), from €51,658 to €39,574
- Taxes -€2,621
down €2,621 (-18.6%), from €14,124 to €11,503
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,379 | €104,247 | +€10,868 | +11.6% |
| Formation expenses | 20 | €1,177 | - | -€1,177 | |
| Fixed assets | 21/28 | €7,492 | €5,810 | -€1,683 | -22.5% |
| Tangible fixed assets | 22/27 | €7,492 | €5,810 | -€1,683 | -22.5% |
| Plant, machinery and equipment | 23 | €943 | €705 | -€238 | -25.2% |
| Furniture and vehicles | 24 | €6,550 | €5,104 | -€1,445 | -22.1% |
| Current assets | 29/58 | €84,709 | €98,437 | +€13,728 | +16.2% |
| Stocks and contracts in progress | 3 | €13,876 | €16,439 | +€2,563 | +18.5% |
| Stocks | 30/36 | €13,876 | €16,439 | +€2,563 | +18.5% |
| Amounts receivable within one year | 40/41 | €24,965 | €6,977 | -€17,988 | -72.1% |
| Trade receivables | 40 | €14,743 | €6,778 | -€7,965 | -54.0% |
| Other amounts receivable | 41 | €10,222 | €199 | -€10,023 | -98.1% |
| Cash at bank and in hand | 54/58 | €45,114 | €74,487 | +€29,373 | +65.1% |
| Deferred charges and accrued income | 490/1 | €755 | €534 | -€221 | -29.2% |
| Total equity and liabilities | 10/49 | €93,379 | €104,247 | +€10,868 | +11.6% |
| Equity | 10/15 | €43,974 | €68,393 | +€24,419 | +55.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €33,974 | €58,393 | +€24,419 | +71.9% |
| Distributable reserves | 133 | €33,974 | €58,393 | +€24,419 | +71.9% |
| Amounts payable | 17/49 | €49,405 | €35,854 | -€13,551 | -27.4% |
| Amounts payable within one year | 42/48 | €49,405 | €35,854 | -€13,551 | -27.4% |
| Trade debts | 44 | €23,808 | €2,411 | -€21,397 | -89.9% |
| Suppliers | 440/4 | €23,808 | €2,411 | -€21,397 | -89.9% |
| Taxes, remuneration and social security | 45 | €14,124 | €22,310 | +€8,186 | +58.0% |
| Taxes | 450/3 | €14,124 | €22,310 | +€8,186 | +58.0% |
| Other amounts payable | 47/48 | €11,473 | €11,133 | -€339 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,146 | €1,957 | -€189 | -8.8% |
| Other operating charges | 640/8 | €1,381 | €1,627 | +€246 | +17.8% |
| Gross operating margin | 9900 | €51,658 | €39,574 | -€12,084 | -23.4% |
| Operating profit (loss) | 9901 | €48,131 | €35,990 | -€12,141 | -25.2% |
| Financial income | 75/76B | €18 | €50 | +€32 | +183.8% |
| Recurring financial income | 75 | €18 | €50 | +€32 | +183.8% |
| Financial charges | 65/66B | €51 | €118 | +€68 | +133.7% |
| Recurring financial charges | 65 | €51 | €118 | +€68 | +133.7% |
| Profit (loss) for the period before taxes | 9903 | €48,098 | €35,922 | -€12,177 | -25.3% |
| Income taxes | 67/77 | €14,124 | €11,503 | -€2,621 | -18.6% |
| Profit (loss) for the period | 9904 | €33,974 | €24,419 | -€9,555 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,974 | €24,419 | -€9,555 | -28.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.