BREAKING INTO AESTHETIC SPACE: 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.
BREAKING INTO AESTHETIC SPACE
Largest movements
- Tangible fixed assets +€248,692
new in 2025: €248,692
of which Land and buildings: +€212,105
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Receivables within one year -€5,151
down €5,151 (-53.9%), from €9,562 to €4,410
of which Trade receivables: -€9,562
- Cash +€4,024
up €4,024 (+34.5%), from €11,664 to €15,688
mainly Debts after one year (+€223,434) and Receivables after one year (+€25,000)
- Deferred charges and accrued income +€2,855
new in 2025: €2,855
- Debts after one year +€223,434
new in 2025: €223,434
- Current portion of long-term debt +€12,801
new in 2025: €12,801
- Reserves -€6,749
down €6,749 (-32.6%), from €20,709 to €13,961
- Gross operating margin -€5,990
down €5,990, from €2,019 to -€3,971
- Financial charges +€1,845
up €1,845 (+485%), from €380 to €2,226
- Financial income -€1,174
no longer reported in 2025 (was €1,174)
- Taxes -€760
down €760 (-98.8%), from €769 to €9
- Depreciation +€303
new in 2025: €303
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 | €46,226 | €271,645 | +€225,419 | +488% |
| Fixed assets | 21/28 | - | €248,692 | +€248,692 | |
| Tangible fixed assets | 22/27 | - | €248,692 | +€248,692 | |
| Land and buildings | 22 | - | €212,105 | +€212,105 | |
| Furniture and vehicles | 24 | - | €36,587 | +€36,587 | |
| Current assets | 29/58 | €46,226 | €22,953 | -€23,273 | -50.3% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €9,562 | €4,410 | -€5,151 | -53.9% |
| Trade receivables | 40 | €9,562 | - | -€9,562 | |
| Other amounts receivable | 41 | - | €4,410 | +€4,410 | |
| Cash at bank and in hand | 54/58 | €11,664 | €15,688 | +€4,024 | +34.5% |
| Deferred charges and accrued income | 490/1 | - | €2,855 | +€2,855 | |
| Total equity and liabilities | 10/49 | €46,226 | €271,645 | +€225,419 | +488% |
| Equity | 10/15 | €30,709 | €23,961 | -€6,749 | -22.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €20,709 | €13,961 | -€6,749 | -32.6% |
| Distributable reserves | 133 | €20,709 | €13,961 | -€6,749 | -32.6% |
| Amounts payable | 17/49 | €15,517 | €247,685 | +€232,168 | +1,496% |
| Amounts payable after more than one year | 17 | - | €223,434 | +€223,434 | |
| Financial debts | 170/4 | - | €223,434 | +€223,434 | |
| Amounts payable within one year | 42/48 | €13,117 | €21,851 | +€8,734 | +66.6% |
| Current portion of amounts payable after more than one year | 42 | - | €12,801 | +€12,801 | |
| Financial debts | 43 | - | €78 | +€78 | |
| Credit institutions | 430/8 | - | €78 | +€78 | |
| Trade debts | 44 | €4,349 | €1,755 | -€2,594 | -59.6% |
| Suppliers | 440/4 | €4,349 | €1,755 | -€2,594 | -59.6% |
| Taxes, remuneration and social security | 45 | €1,437 | €779 | -€658 | -45.8% |
| Taxes | 450/3 | €1,437 | €779 | -€658 | -45.8% |
| Other amounts payable | 47/48 | €7,331 | €6,438 | -€893 | -12.2% |
| Accrued charges and deferred income | 492/3 | €2,400 | €2,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €303 | +€303 | |
| Other operating charges | 640/8 | €73 | €240 | +€166 | +227% |
| Gross operating margin | 9900 | €2,019 | -€3,971 | -€5,990 | |
| Operating profit (loss) | 9901 | €1,946 | -€4,514 | -€6,460 | |
| Financial income | 75/76B | €1,174 | - | -€1,174 | |
| Recurring financial income | 75 | €1,174 | - | -€1,174 | |
| Financial charges | 65/66B | €380 | €2,226 | +€1,845 | +485% |
| Recurring financial charges | 65 | €380 | €2,226 | +€1,845 | +485% |
| Profit (loss) for the period before taxes | 9903 | €2,740 | -€6,739 | -€9,479 | |
| Income taxes | 67/77 | €769 | €9 | -€760 | -98.8% |
| Profit (loss) for the period | 9904 | €1,970 | -€6,749 | -€8,719 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,970 | -€6,749 | -€8,719 |
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 1 November 2026 via checked.be.