L'ESPEROU: 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'ESPEROU
Largest movements
- Receivables within one year +€3,460
up €3,460 (+531%), from €652 to €4,112
of which Trade receivables: +€3,460
- Tax, wage and social debts +€6,605
up €6,605 (+45.0%), from €14,690 to €21,295
- Debts after one year -€3,454
down €3,454 (-5.8%), from €59,348 to €55,894
- Trade debts +€590
up €590 (+96.4%), from €612 to €1,202
- Short-term financial debts -€468
down €468 (-0.7%), from €64,347 to €63,879
- Profit (loss) carried forward +€187
up €187 (+0.1%), from -€180,266 to -€180,079
- Gross operating margin -€1,052
down €1,052 (-10.6%), from €9,910 to €8,858
- Financial charges +€109
up €109 (+1.3%), from €8,162 to €8,271
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €652 | €4,112 | +€3,460 | +531% |
| Current assets | 29/58 | €652 | €4,112 | +€3,460 | +531% |
| Amounts receivable within one year | 40/41 | €652 | €4,112 | +€3,460 | +531% |
| Trade receivables | 40 | €540 | €4,000 | +€3,460 | +641% |
| Other amounts receivable | 41 | €112 | €112 | = | 0.0% |
| Total equity and liabilities | 10/49 | €652 | €4,112 | +€3,460 | +531% |
| Equity | 10/15 | -€161,345 | -€161,158 | +€187 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321 | €321 | = | 0.0% |
| Non-distributable reserves | 130/1 | €321 | €321 | = | 0.0% |
| Legal reserve | 130 | €321 | €321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,266 | -€180,079 | +€187 | +0.1% |
| Amounts payable | 17/49 | €161,997 | €165,270 | +€3,273 | +2.0% |
| Amounts payable after more than one year | 17 | €59,348 | €55,894 | -€3,454 | -5.8% |
| Other amounts payable | 178/9 | €59,348 | €55,894 | -€3,454 | -5.8% |
| Amounts payable within one year | 42/48 | €102,649 | €109,376 | +€6,727 | +6.6% |
| Financial debts | 43 | €64,347 | €63,879 | -€468 | -0.7% |
| Credit institutions | 430/8 | €64,347 | €63,879 | -€468 | -0.7% |
| Trade debts | 44 | €612 | €1,202 | +€590 | +96.4% |
| Suppliers | 440/4 | €612 | €1,202 | +€590 | +96.4% |
| Taxes, remuneration and social security | 45 | €14,690 | €21,295 | +€6,605 | +45.0% |
| Remuneration and social security | 454/9 | €14,690 | €21,295 | +€6,605 | +45.0% |
| Other amounts payable | 47/48 | €23,000 | €23,000 | = | 0.0% |
| Other operating charges | 640/8 | €401 | €400 | -€1 | -0.2% |
| Gross operating margin | 9900 | €9,910 | €8,858 | -€1,052 | -10.6% |
| Operating profit (loss) | 9901 | €9,509 | €8,458 | -€1,051 | -11.1% |
| Financial charges | 65/66B | €8,162 | €8,271 | +€109 | +1.3% |
| Recurring financial charges | 65 | €8,162 | €8,271 | +€109 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €1,347 | €187 | -€1,160 | -86.1% |
| Profit (loss) for the period | 9904 | €1,347 | €187 | -€1,160 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,347 | €187 | -€1,160 | -86.1% |
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 21 October 2026 via checked.be.