L'ESPERLUETTE: 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.
L'ESPERLUETTE
Largest movements
- Tangible fixed assets -€48,626
down €48,626 (-4.7%), from €1.0m to €976,993
of which Land and buildings: -€48,779
- Receivables within one year -€32,678
down €32,678 (-79.4%), from €41,170 to €8,491
of which Trade receivables: -€39,110
- Debts after one year -€36,098
down €36,098 (-4.5%), from €807,932 to €771,834
- Trade debts -€35,766
down €35,766 (-91.7%), from €39,008 to €3,242
- Gross operating margin +€10,680
up €10,680 (+14.5%), from €73,852 to €84,533
- Other operating charges +€5,651
up €5,651 (+91.5%), from €6,179 to €11,831
- Depreciation -€5,308
down €5,308 (-8.8%), from €60,214 to €54,906
- Financial charges -€1,485
down €1,485 (-6.5%), from €22,869 to €21,384
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,073,169 | €991,491 | -€81,678 | -7.6% |
| Fixed assets | 21/28 | €1,025,619 | €976,993 | -€48,626 | -4.7% |
| Tangible fixed assets | 22/27 | €1,025,619 | €976,993 | -€48,626 | -4.7% |
| Land and buildings | 22 | €1,011,543 | €962,764 | -€48,779 | -4.8% |
| Furniture and vehicles | 24 | €14,076 | €14,229 | +€153 | +1.1% |
| Current assets | 29/58 | €47,550 | €14,498 | -€33,052 | -69.5% |
| Amounts receivable within one year | 40/41 | €41,170 | €8,491 | -€32,678 | -79.4% |
| Trade receivables | 40 | €41,000 | €1,890 | -€39,110 | -95.4% |
| Other amounts receivable | 41 | €169 | €6,601 | +€6,432 | +3,803% |
| Cash at bank and in hand | 54/58 | €4,593 | €4,558 | -€35 | -0.8% |
| Deferred charges and accrued income | 490/1 | €1,787 | €1,448 | -€339 | -19.0% |
| Total equity and liabilities | 10/49 | €1,073,169 | €991,491 | -€81,678 | -7.6% |
| Equity | 10/15 | -€45,637 | -€49,225 | -€3,588 | -7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,389 | €76,867 | -€4,522 | -5.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,529 | €75,007 | -€4,522 | -5.7% |
| Profit (loss) carried forward | 14 | -€145,626 | -€144,692 | +€933 | +0.6% |
| Amounts payable | 17/49 | €1,118,806 | €1,040,716 | -€78,090 | -7.0% |
| Amounts payable after more than one year | 17 | €807,932 | €771,834 | -€36,098 | -4.5% |
| Financial debts | 170/4 | €807,932 | €771,834 | -€36,098 | -4.5% |
| Amounts payable within one year | 42/48 | €291,574 | €244,962 | -€46,613 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €37,016 | €36,098 | -€918 | -2.5% |
| Trade debts | 44 | €39,008 | €3,242 | -€35,766 | -91.7% |
| Suppliers | 440/4 | €39,008 | €3,242 | -€35,766 | -91.7% |
| Taxes, remuneration and social security | 45 | €4,695 | €4,528 | -€167 | -3.6% |
| Taxes | 450/3 | €4,695 | €4,528 | -€167 | -3.6% |
| Other amounts payable | 47/48 | €210,855 | €201,093 | -€9,762 | -4.6% |
| Accrued charges and deferred income | 492/3 | €19,299 | €23,920 | +€4,621 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,214 | €54,906 | -€5,308 | -8.8% |
| Other operating charges | 640/8 | €6,179 | €11,831 | +€5,651 | +91.5% |
| Gross operating margin | 9900 | €73,852 | €84,533 | +€10,680 | +14.5% |
| Operating profit (loss) | 9901 | €7,458 | €17,796 | +€10,337 | +139% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €22,869 | €21,384 | -€1,485 | -6.5% |
| Recurring financial charges | 65 | €22,869 | €21,384 | -€1,485 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,410 | -€3,588 | +€11,822 | +76.7% |
| Transfer from deferred taxes | 780 | €904 | €904 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€14,506 | -€2,684 | +€11,822 | +81.5% |
| Transfer from tax-exempt reserves | 789 | €3,617 | €3,617 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,889 | €933 | +€11,822 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.