L'ESPRIT MANAGEMENT SUPPORT: what changed
L'ESPRIT MANAGEMENT SUPPORT
Largest movements
- Tangible fixed assets -€19,536
down €19,536 (-69.0%), from €28,318 to €8,783
of which Furniture and vehicles: -€15,221
- Receivables within one year -€16,630
down €16,630 (-11.1%), from €150,403 to €133,773
of which Other amounts receivable: -€47,556
- Cash -€10,994
down €10,994 (-61.7%), from €17,807 to €6,813
mainly Trade debts (-€54,384) and Debts after one year (-€4,815)
- Trade debts -€54,384
down €54,384 (-32.3%), from €168,344 to €113,960
- Tax, wage and social debts +€15,269
up €15,269 (+53.9%), from €28,330 to €43,598
of which Remuneration and social security: +€15,354
- Debts after one year -€4,815
down €4,815 (-37.6%), from €12,809 to €7,993
- Profit (loss) carried forward -€3,369
down €3,369 (-6.8%), from -€49,227 to -€52,596
- Gross operating margin +€75,524
up €75,524 (+147%), from €51,483 to €127,007
- Staff costs +€51,386
up €51,386 (+77.4%), from €66,403 to €117,789
- Other operating charges -€8,451
down €8,451 (-75.5%), from €11,198 to €2,747
- Write-downs -€3,826
down €3,826, from €1,913 to -€1,913
- Depreciation -€1,353
down €1,353 (-22.7%), from €5,954 to €4,601
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,544 | €154,405 | -€47,139 | -23.4% |
| Fixed assets | 21/28 | €28,318 | €8,783 | -€19,536 | -69.0% |
| Tangible fixed assets | 22/27 | €28,318 | €8,783 | -€19,536 | -69.0% |
| Land and buildings | 22 | €12,930 | €8,616 | -€4,314 | -33.4% |
| Furniture and vehicles | 24 | €15,388 | €167 | -€15,221 | -98.9% |
| Current assets | 29/58 | €173,226 | €145,622 | -€27,604 | -15.9% |
| Amounts receivable within one year | 40/41 | €150,403 | €133,773 | -€16,630 | -11.1% |
| Trade receivables | 40 | €90,574 | €121,499 | +€30,926 | +34.1% |
| Other amounts receivable | 41 | €59,830 | €12,274 | -€47,556 | -79.5% |
| Cash at bank and in hand | 54/58 | €17,807 | €6,813 | -€10,994 | -61.7% |
| Deferred charges and accrued income | 490/1 | €5,016 | €5,036 | +€20 | +0.4% |
| Total equity and liabilities | 10/49 | €201,544 | €154,405 | -€47,139 | -23.4% |
| Equity | 10/15 | -€43,027 | -€46,396 | -€3,369 | -7.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,227 | -€52,596 | -€3,369 | -6.8% |
| Amounts payable | 17/49 | €244,571 | €200,801 | -€43,771 | -17.9% |
| Amounts payable after more than one year | 17 | €12,809 | €7,993 | -€4,815 | -37.6% |
| Financial debts | 170/4 | €12,809 | €7,993 | -€4,815 | -37.6% |
| Amounts payable within one year | 42/48 | €231,762 | €192,807 | -€38,955 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €5,076 | €5,249 | +€173 | +3.4% |
| Financial debts | 43 | €30,013 | €30,000 | -€13 | 0.0% |
| Credit institutions | 430/8 | €30,013 | €30,000 | -€13 | 0.0% |
| Trade debts | 44 | €168,344 | €113,960 | -€54,384 | -32.3% |
| Suppliers | 440/4 | €168,344 | €113,960 | -€54,384 | -32.3% |
| Taxes, remuneration and social security | 45 | €28,330 | €43,598 | +€15,269 | +53.9% |
| Taxes | 450/3 | €20,869 | €20,783 | -€85 | -0.4% |
| Remuneration and social security | 454/9 | €7,461 | €22,815 | +€15,354 | +206% |
| Non-recurring operating income | 76A | - | €2,529 | +€2,529 | |
| Remuneration, social security and pensions | 62 | €66,403 | €117,789 | +€51,386 | +77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,954 | €4,601 | -€1,353 | -22.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,913 | -€1,913 | -€3,826 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€206 | €0 | +€206 | |
| Other operating charges | 640/8 | €11,198 | €2,747 | -€8,451 | -75.5% |
| Gross operating margin | 9900 | €51,483 | €127,007 | +€75,524 | +147% |
| Operating profit (loss) | 9901 | -€33,779 | €3,782 | +€37,561 | |
| Financial income | 75/76B | €738 | €80 | -€658 | -89.2% |
| Recurring financial income | 75 | €738 | €80 | -€658 | -89.2% |
| Financial charges | 65/66B | €7,579 | €6,233 | -€1,346 | -17.8% |
| Recurring financial charges | 65 | €7,579 | €6,233 | -€1,346 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€40,621 | -€2,372 | +€38,249 | +94.2% |
| Income taxes | 67/77 | €1,157 | €997 | -€160 | -13.8% |
| Profit (loss) for the period | 9904 | -€41,778 | -€3,369 | +€38,409 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,778 | -€3,369 | +€38,409 | +91.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.