ROYAL ESPLANADE: 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.
ROYAL ESPLANADE
Largest movements
- Receivables within one year -€1,888
down €1,888 (-16.2%), from €11,686 to €9,798
of which Other amounts receivable: -€8,499
- Trade debts -€2,531
down €2,531 (-69.0%), from €3,666 to €1,135
- Profit (loss) carried forward +€525
up €525 (+4.8%), from -€10,966 to -€10,441
- Gross operating margin +€5,064
up €5,064, from -€4,449 to €615
- Staff costs +€1,628
up €1,628, from -€1,458 to €170
- Financial charges -€133
down €133 (-35.1%), from €378 to €245
- Taxes +€119
new in 2025: €119
- Financial income +€91
up €91 (+25.7%), from €354 to €444
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 | €14,586 | €12,698 | -€1,887 | -12.9% |
| Fixed assets | 21/28 | €2,900 | €2,900 | = | 0.0% |
| Financial fixed assets | 28 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €11,686 | €9,798 | -€1,887 | -16.2% |
| Amounts receivable within one year | 40/41 | €11,686 | €9,798 | -€1,888 | -16.2% |
| Trade receivables | 40 | - | €6,612 | +€6,612 | |
| Other amounts receivable | 41 | €11,686 | €3,186 | -€8,499 | -72.7% |
| Cash at bank and in hand | 54/58 | €0 | €0 | +€0 | +650% |
| Total equity and liabilities | 10/49 | €14,586 | €12,698 | -€1,887 | -12.9% |
| Equity | 10/15 | €9,494 | €10,019 | +€525 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,966 | -€10,441 | +€525 | +4.8% |
| Amounts payable | 17/49 | €5,092 | €2,679 | -€2,413 | -47.4% |
| Amounts payable within one year | 42/48 | €5,092 | €2,679 | -€2,413 | -47.4% |
| Trade debts | 44 | €3,666 | €1,135 | -€2,531 | -69.0% |
| Suppliers | 440/4 | €3,666 | €1,135 | -€2,531 | -69.0% |
| Taxes, remuneration and social security | 45 | €1,425 | €1,544 | +€119 | +8.3% |
| Taxes | 450/3 | €1,425 | €1,544 | +€119 | +8.3% |
| Remuneration, social security and pensions | 62 | -€1,458 | €170 | +€1,628 | |
| Gross operating margin | 9900 | -€4,449 | €615 | +€5,064 | |
| Operating profit (loss) | 9901 | -€2,991 | €445 | +€3,436 | |
| Financial income | 75/76B | €354 | €444 | +€91 | +25.7% |
| Recurring financial income | 75 | €354 | €444 | +€91 | +25.7% |
| Financial charges | 65/66B | €378 | €245 | -€133 | -35.1% |
| Recurring financial charges | 65 | €378 | €245 | -€133 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,016 | €644 | +€3,660 | |
| Income taxes | 67/77 | - | €119 | +€119 | |
| Profit (loss) for the period | 9904 | -€3,016 | €525 | +€3,541 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,016 | €525 | +€3,541 |
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 28 October 2026 via checked.be.