ESPRIT LIBRE: 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.
ESPRIT LIBRE
Largest movements
- Receivables within one year -€27,690
down €27,690 (-71.6%), from €38,695 to €11,006
of which Other amounts receivable: -€29,195
- Cash -€12,547
down €12,547 (-54.6%), from €22,999 to €10,452
mainly Debts after one year (-€85,240) and Trade debts (-€30,644)
- Tangible fixed assets -€4,567
down €4,567 (-4.9%), from €92,339 to €87,772
of which Furniture and vehicles: -€6,380
- Debts after one year -€85,240
down €85,240 (-46.1%), from €185,000 to €99,760
- Profit (loss) carried forward +€47,208
up €47,208 (+30.9%), from -€152,656 to -€105,448
- Trade debts -€30,644
down €30,644 (-99.4%), from €30,836 to €192
- Other debts +€24,321
up €24,321 (+29.2%), from €83,398 to €107,720
- Gross operating margin +€42,841
up €42,841 (+146.3%), from €29,283 to €72,124
- Depreciation +€13,945
up €13,945 (+137.9%), from €10,116 to €24,061
- Other operating charges -€743
down €743 (-47.2%), from €1,574 to €831
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 | €154,634 | €110,279 | -€44,354 | -28.7% |
| Fixed assets | 21/28 | €92,339 | €87,772 | -€4,567 | -4.9% |
| Tangible fixed assets | 22/27 | €92,339 | €87,772 | -€4,567 | -4.9% |
| Plant, machinery and equipment | 23 | €2,444 | €4,257 | +€1,813 | +74.2% |
| Furniture and vehicles | 24 | €89,895 | €83,515 | -€6,380 | -7.1% |
| Current assets | 29/58 | €62,294 | €22,507 | -€39,787 | -63.9% |
| Amounts receivable within one year | 40/41 | €38,695 | €11,006 | -€27,690 | -71.6% |
| Trade receivables | 40 | €8,469 | €9,974 | +€1,505 | +17.8% |
| Other amounts receivable | 41 | €30,226 | €1,031 | -€29,195 | -96.6% |
| Cash at bank and in hand | 54/58 | €22,999 | €10,452 | -€12,547 | -54.6% |
| Deferred charges and accrued income | 490/1 | €600 | €1,050 | +€450 | +74.9% |
| Total equity and liabilities | 10/49 | €154,634 | €110,279 | -€44,354 | -28.7% |
| Equity | 10/15 | -€144,601 | -€97,393 | +€47,208 | +32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,656 | -€105,448 | +€47,208 | +30.9% |
| Amounts payable | 17/49 | €299,234 | €207,672 | -€91,562 | -30.6% |
| Amounts payable after more than one year | 17 | €185,000 | €99,760 | -€85,240 | -46.1% |
| Other amounts payable | 178/9 | €185,000 | €99,760 | -€85,240 | -46.1% |
| Amounts payable within one year | 42/48 | €114,234 | €107,912 | -€6,322 | -5.5% |
| Trade debts | 44 | €30,836 | €192 | -€30,644 | -99.4% |
| Suppliers | 440/4 | €30,836 | €192 | -€30,644 | -99.4% |
| Other amounts payable | 47/48 | €83,398 | €107,720 | +€24,321 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,116 | €24,061 | +€13,945 | +137.9% |
| Other operating charges | 640/8 | €1,574 | €831 | -€743 | -47.2% |
| Gross operating margin | 9900 | €29,283 | €72,124 | +€42,841 | +146.3% |
| Operating profit (loss) | 9901 | €17,594 | €47,232 | +€29,638 | +168.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €24 | €24 | +€0 | +0.2% |
| Recurring financial charges | 65 | €24 | €24 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €17,571 | €47,208 | +€29,638 | +168.7% |
| Profit (loss) for the period | 9904 | €17,571 | €47,208 | +€29,638 | +168.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,571 | €47,208 | +€29,638 | +168.7% |
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 8 October 2026 via checked.be.