NEW ESPERANCE: 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.
NEW ESPERANCE
Largest movements
- Cash +€52,038
up €52,038 (+65.2%), from €79,833 to €131,871
mainly Net result for the year (+€30,760) and Depreciation (+€29,329)
- Intangible fixed assets -€25,000
down €25,000 (-14.5%), from €172,671 to €147,671
- Tangible fixed assets +€23,370
up €23,370 (+339%), from €6,887 to €30,257
of which Other tangible fixed assets: +€20,224
- Receivables within one year +€6,381
up €6,381 (+84.2%), from €7,582 to €13,963
- Profit (loss) carried forward +€30,760
up €30,760 (+181%), from €17,016 to €47,776
- Trade debts +€26,441
up €26,441 (+245%), from €10,809 to €37,250
of which Suppliers: +€19,591
- Gross operating margin +€29,266
up €29,266 (+30.3%), from €96,602 to €125,868
- Staff costs +€14,205
up €14,205 (+33.4%), from €42,475 to €56,680
- Depreciation +€2,877
up €2,877 (+10.9%), from €26,452 to €29,329
- Other operating charges -€2,519
down €2,519 (-55.0%), from €4,578 to €2,059
- Taxes +€2,371
up €2,371 (+52.6%), from €4,511 to €6,882
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
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 | €285,148 | €344,050 | +€58,902 | +20.7% |
| Fixed assets | 21/28 | €187,659 | €186,028 | -€1,630 | -0.9% |
| Intangible fixed assets | 21 | €172,671 | €147,671 | -€25,000 | -14.5% |
| Tangible fixed assets | 22/27 | €6,887 | €30,257 | +€23,370 | +339% |
| Furniture and vehicles | 24 | €6,887 | €10,033 | +€3,146 | +45.7% |
| Other tangible fixed assets | 26 | - | €20,224 | +€20,224 | |
| Financial fixed assets | 28 | €8,100 | €8,100 | = | 0.0% |
| Current assets | 29/58 | €97,490 | €158,022 | +€60,532 | +62.1% |
| Stocks and contracts in progress | 3 | €7,775 | €9,656 | +€1,880 | +24.2% |
| Stocks | 30/36 | €7,775 | €9,656 | +€1,880 | +24.2% |
| Amounts receivable within one year | 40/41 | €7,582 | €13,963 | +€6,381 | +84.2% |
| Trade receivables | 40 | €7,582 | €13,963 | +€6,381 | +84.2% |
| Cash at bank and in hand | 54/58 | €79,833 | €131,871 | +€52,038 | +65.2% |
| Deferred charges and accrued income | 490/1 | €2,300 | €2,532 | +€232 | +10.1% |
| Total equity and liabilities | 10/49 | €285,148 | €344,050 | +€58,902 | +20.7% |
| Equity | 10/15 | €27,016 | €57,776 | +€30,760 | +114% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,016 | €47,776 | +€30,760 | +181% |
| Amounts payable | 17/49 | €258,132 | €286,274 | +€28,141 | +10.9% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €158,132 | €186,274 | +€28,141 | +17.8% |
| Trade debts | 44 | €10,809 | €37,250 | +€26,441 | +245% |
| Suppliers | 440/4 | €10,809 | €30,400 | +€19,591 | +181% |
| Bills of exchange payable | 441 | - | €6,850 | +€6,850 | |
| Taxes, remuneration and social security | 45 | €8,048 | €9,871 | +€1,823 | +22.6% |
| Taxes | 450/3 | €2,469 | €2,887 | +€418 | +16.9% |
| Remuneration and social security | 454/9 | €5,579 | €6,983 | +€1,405 | +25.2% |
| Other amounts payable | 47/48 | €139,275 | €139,153 | -€123 | -0.1% |
| Remuneration, social security and pensions | 62 | €42,475 | €56,680 | +€14,205 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,452 | €29,329 | +€2,877 | +10.9% |
| Other operating charges | 640/8 | €4,578 | €2,059 | -€2,519 | -55.0% |
| Gross operating margin | 9900 | €96,602 | €125,868 | +€29,266 | +30.3% |
| Operating profit (loss) | 9901 | €23,098 | €37,800 | +€14,702 | +63.7% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.3% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.3% |
| Financial charges | 65/66B | €98 | €158 | +€60 | +61.3% |
| Recurring financial charges | 65 | €98 | €158 | +€60 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €23,009 | €37,642 | +€14,632 | +63.6% |
| Income taxes | 67/77 | €4,511 | €6,882 | +€2,371 | +52.6% |
| Profit (loss) for the period | 9904 | €18,499 | €30,760 | +€12,261 | +66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,499 | €30,760 | +€12,261 | +66.3% |
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 15 October 2026 via checked.be.