L'ESPLANADE: 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.
L'ESPLANADE
Largest movements
- Cash +€72,158
up €72,158 (+167.3%), from €43,130 to €115,288
mainly Trade debts (+€62,134) and Tax, wage and social debts (+€19,171)
- Receivables within one year +€18,364
up €18,364 (+48.2%), from €38,067 to €56,432
of which Other amounts receivable: +€16,630
- Trade debts +€62,134
up €62,134 (+302.2%), from €20,560 to €82,694
- Tax, wage and social debts +€19,171
up €19,171 (+85.3%), from €22,465 to €41,636
of which Remuneration and social security: +€17,827
- Profit (loss) carried forward +€6,503
up €6,503 (+23.6%), from -€27,501 to -€20,998
- Gross operating margin -€43,074
down €43,074 (-38.3%), from €112,436 to €69,362
- Staff costs +€15,948
up €15,948 (+38.4%), from €41,585 to €57,534
- Taxes -€7,825
down €7,825 (-74.7%), from €10,479 to €2,654
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 | €82,536 | €172,045 | +€89,509 | +108.4% |
| Fixed assets | 21/28 | €526 | €212 | -€314 | -59.7% |
| Tangible fixed assets | 22/27 | €526 | €212 | -€314 | -59.7% |
| Furniture and vehicles | 24 | €526 | €212 | -€314 | -59.7% |
| Current assets | 29/58 | €82,010 | €171,833 | +€89,823 | +109.5% |
| Amounts receivable within one year | 40/41 | €38,067 | €56,432 | +€18,364 | +48.2% |
| Trade receivables | 40 | €32,595 | €34,330 | +€1,735 | +5.3% |
| Other amounts receivable | 41 | €5,472 | €22,102 | +€16,630 | +303.9% |
| Cash at bank and in hand | 54/58 | €43,130 | €115,288 | +€72,158 | +167.3% |
| Deferred charges and accrued income | 490/1 | €813 | €113 | -€699 | -86.1% |
| Total equity and liabilities | 10/49 | €82,536 | €172,045 | +€89,509 | +108.4% |
| Equity | 10/15 | €8,913 | €15,415 | +€6,503 | +73.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,821 | €17,821 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,962 | €15,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,501 | -€20,998 | +€6,503 | +23.6% |
| Amounts payable | 17/49 | €73,624 | €156,630 | +€83,007 | +112.7% |
| Amounts payable within one year | 42/48 | €73,624 | €156,630 | +€83,007 | +112.7% |
| Trade debts | 44 | €20,560 | €82,694 | +€62,134 | +302.2% |
| Suppliers | 440/4 | €20,560 | €82,694 | +€62,134 | +302.2% |
| Taxes, remuneration and social security | 45 | €22,465 | €41,636 | +€19,171 | +85.3% |
| Taxes | 450/3 | €14,334 | €15,678 | +€1,344 | +9.4% |
| Remuneration and social security | 454/9 | €8,131 | €25,958 | +€17,827 | +219.2% |
| Other amounts payable | 47/48 | €30,599 | €32,301 | +€1,702 | +5.6% |
| Remuneration, social security and pensions | 62 | €41,585 | €57,534 | +€15,948 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,224 | €314 | -€910 | -74.3% |
| Other operating charges | 640/8 | €1,403 | €494 | -€909 | -64.8% |
| Gross operating margin | 9900 | €112,436 | €69,362 | -€43,074 | -38.3% |
| Operating profit (loss) | 9901 | €68,223 | €11,020 | -€57,204 | -83.8% |
| Financial income | 75/76B | €10 | €266 | +€256 | +2697.7% |
| Recurring financial income | 75 | €10 | €266 | +€256 | +2697.7% |
| Financial charges | 65/66B | €1,759 | €2,129 | +€370 | +21.0% |
| Recurring financial charges | 65 | €1,759 | €2,129 | +€370 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €66,473 | €9,156 | -€57,317 | -86.2% |
| Income taxes | 67/77 | €10,479 | €2,654 | -€7,825 | -74.7% |
| Profit (loss) for the period | 9904 | €55,994 | €6,503 | -€49,492 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,994 | €6,503 | -€49,492 | -88.4% |
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.