ESPOSITO
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 15-12-2025 PDF all 32 filings
Every figure per financial year
The operating result for 2025 is a loss of €18,131, smaller than the loss of €20,502 in 2024.
- 2025 Equity +526% on 2024. Capital increase of €200,000 (Official Gazette 30-06-2025).
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Securities and guarantees
| Item | 2021 | 2022 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Mortgages, amount registered | - | - | €25,000 | €25,000 |
| Carrying value of the mortgaged assets | - | - | €1.2m | €1.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €588,467 | €39,438 | ▼ 93.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,450 | €1,450 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,416 | €907 | €3,942 | €3,564 | ▼ 9.6% |
| Gross operating margin9900 | -€2,124 | -€8,653 | -€650 | -€3,123 | -€603 | -€16,560 | -€14,567 | ▲ 12.0% |
| Operating profit (loss)9901 | -€5,088 | -€11,464 | -€44,310 | -€4,539 | -€1,510 | -€20,502 | -€18,131 | ▲ 11.6% |
| Financial income75/76B | - | - | - | - | €73 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | - | €73 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €392 | €5,912 | €18,947 | €1,270 | ▼ 93.3% |
| Recurring financial charges65 | €1,684 | €1,616 | €1,296 | €392 | €5,912 | €18,947 | €1,270 | ▼ 93.3% |
| Profit (loss) for the period before taxes9903 | -€6,772 | -€13,080 | -€45,606 | -€4,931 | -€7,350 | -€39,449 | -€19,401 | ▲ 50.8% |
| Profit (loss) for the period9904 | -€6,772 | -€13,080 | -€45,606 | -€4,931 | -€7,350 | -€39,449 | -€19,401 | ▲ 50.8% |
| Profit (loss) for the period to be appropriated9905 | -€6,772 | -€13,080 | -€45,606 | -€4,931 | -€7,350 | -€39,449 | -€19,401 | ▲ 50.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3.4m | €3.4m | €0.6m | €0.6m | €0.6m | €1.2m | €1.3m | ▲ 9.9% |
| Fixed assets21/28 | €2.6m | €2.6m | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.01m | €0.008m | - | - | - | - | - | - |
| Financial fixed assets28 | €2.6m | €2.6m | - | - | - | - | - | - |
| Current assets29/58 | €0.8m | €0.8m | €0.6m | €0.6m | €0.6m | €1.2m | €1.3m | ▲ 9.9% |
| Stocks and contracts in progress3 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €1.2m | €1.3m | ▲ 9.6% |
| Stocks30/36 | - | - | - | €0.6m | €0.6m | €1.2m | €1.3m | ▲ 9.6% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | - | - | - | - | €0.003m | - |
| Trade receivables40 | - | - | - | - | - | - | €0.003m | - |
| Cash at bank and in hand54/58 | €0.001m | €0.004m | €0.02m | €0.01m | €0.01m | €0.001m | €177 | ▼ 85.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.001m | €0.002m | ▲ 55.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3.4m | €3.4m | €0.6m | €0.6m | €0.6m | €1.2m | €1.3m | ▲ 9.9% |
| Equity10/15 | €0.07m | €0.06m | €0.01m | €0.006m | -€0.001m | €0.03m | €0.2m | ▲ 526% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.4m | ▲ 114% |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.2m | €0.4m | ▲ 114% |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.2m | €0.4m | ▲ 114% |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Legal reserve130 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Distributable reserves133 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.06m | -€0.1m | -€0.1m | -€0.1m | -€0.2m | -€0.2m | ▼ 12.5% |
| Amounts payable17/49 | €3.4m | €3.4m | €0.6m | €0.6m | €0.6m | €1.2m | €1.1m | ▼ 5.1% |
| Amounts payable after more than one year17 | - | - | - | - | - | €1.1m | €0.9m | ▼ 15.5% |
| Financial debts170/4 | - | - | - | - | - | €1.1m | €0.9m | ▼ 15.5% |
| Amounts payable within one year42/48 | €3.4m | €3.4m | €0.6m | €0.6m | €0.6m | €0.03m | €0.05m | ▲ 59.7% |
| Financial debts43 | - | - | - | €0.6m | €0.6m | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0.6m | €0.6m | €0 | - | - |
| Trade debts44 | - | - | €72 | €72 | - | €0.03m | €0.05m | ▲ 59.7% |
| Suppliers440/4 | - | - | - | €72 | - | €0.03m | €0.05m | ▲ 59.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.005m | €0.05m | €0.1m | ▲ 173% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,772 | -€13,080 | -€45,606 | -€4,931 | -€7,350 | -€39,449 | -€19,401 | ▲ 50.8% |
| + Depreciation and write-downs630 | €1,450 | €1,450 | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€5,322 | -€11,630 | -€45,606 | -€4,931 | -€7,350 | -€39,449 | -€19,401 | ▲ 50.8% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - |
| Change in cash | - | €3,370 | €15,039 | -€4,931 | -€2,270 | - | -€1,046 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,507 companies had the same profile as ESPOSITO has now. Two years later, 96.4% were still going and 1.6% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ESPOSITO itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,507 companies, not a prediction for ESPOSITO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 15-12-2025 | 2025-00584750 | |
| 30-06-2024 | abbreviated format | 19-12-2024 | 2024-00623834 | |
| 31-12-2022 | micro format | 30-05-2023 | 2023-00101123 | |
| 31-12-2021 | abbreviated format | 22-08-2022 | 2022-20307630 | |
| 31-12-2020 | abbreviated format | 09-08-2021 | 2021-47300283 | |
| 31-12-2019 | abbreviated format | 13-08-2020 | 2020-41300245 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-59800207 | |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-51300190 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-55600299 | |
| 31-12-2015 | abbreviated format | 26-08-2016 | 2016-50100385 |