ESPELIA: 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.
ESPELIA
Largest movements
- Financial fixed assets -€13,565
down €13,565 (-8.5%), from €159,000 to €145,435
- Other debts -€7,525
down €7,525 (-6.6%), from €114,316 to €106,791
- Trade debts -€6,235
no longer reported in 2025 (was €6,235)
- Financial charges -€1,914
down €1,914 (-97.6%), from €1,960 to €46
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 | €163,904 | €149,570 | -€14,334 | -8.7% |
| Fixed assets | 21/28 | €162,250 | €148,685 | -€13,565 | -8.4% |
| Intangible fixed assets | 21 | €3,250 | €3,250 | = | 0.0% |
| Financial fixed assets | 28 | €159,000 | €145,435 | -€13,565 | -8.5% |
| Current assets | 29/58 | €1,654 | €885 | -€769 | -46.5% |
| Amounts receivable within one year | 40/41 | €1,020 | €415 | -€605 | -59.3% |
| Trade receivables | 40 | €605 | - | -€605 | |
| Other amounts receivable | 41 | €415 | €415 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €634 | €470 | -€164 | -25.9% |
| Total equity and liabilities | 10/49 | €163,904 | €149,570 | -€14,334 | -8.7% |
| Equity | 10/15 | €43,353 | €42,779 | -€574 | -1.3% |
| Contributions | 10/11 | €92,000 | €92,000 | = | 0.0% |
| Capital | 10 | €92,000 | €92,000 | = | 0.0% |
| Issued capital | 100 | €92,000 | €92,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,647 | -€49,221 | -€574 | -1.2% |
| Amounts payable | 17/49 | €120,551 | €106,791 | -€13,760 | -11.4% |
| Amounts payable within one year | 42/48 | €120,551 | €106,791 | -€13,760 | -11.4% |
| Trade debts | 44 | €6,235 | - | -€6,235 | |
| Suppliers | 440/4 | €6,235 | - | -€6,235 | |
| Other amounts payable | 47/48 | €114,316 | €106,791 | -€7,525 | -6.6% |
| Other operating charges | 640/8 | - | €528 | +€528 | |
| Operating profit (loss) | 9901 | - | -€528 | -€528 | |
| Financial charges | 65/66B | €1,960 | €46 | -€1,914 | -97.6% |
| Recurring financial charges | 65 | €1,960 | €46 | -€1,914 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,960 | -€574 | +€1,386 | +70.7% |
| Profit (loss) for the period | 9904 | -€1,960 | -€574 | +€1,386 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,960 | -€574 | +€1,386 | +70.7% |
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 28 September 2026 via checked.be.