Co-Space: 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.
Co-Space
Largest movements
- Cash +€32,672
up €32,672 (+76.3%), from €42,836 to €75,508
mainly Net result for the year (+€31,840) and Depreciation (+€27,049)
- Tangible fixed assets -€22,006
down €22,006 (-3.6%), from €606,920 to €584,914
of which Land and buildings: -€23,823
- Debts after one year -€53,653
down €53,653 (-14.6%), from €367,494 to €313,841
- Reserves +€31,839
up €31,839 (+21.6%), from €147,078 to €178,917
of which Distributable reserves: +€31,839
- Trade debts +€19,223
up €19,223 (+1428.2%), from €1,346 to €20,569
- Depreciation -€19,610
down €19,610 (-42.0%), from €46,659 to €27,049
- Gross operating margin +€17,025
up €17,025 (+25.1%), from €67,731 to €84,756
- Taxes +€9,278
up €9,278 (+446.9%), from €2,076 to €11,354
- Other operating charges +€900
up €900 (+49.8%), from €1,808 to €2,708
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 | €663,019 | €666,812 | +€3,793 | +0.6% |
| Fixed assets | 21/28 | €606,920 | €584,914 | -€22,006 | -3.6% |
| Tangible fixed assets | 22/27 | €606,920 | €584,914 | -€22,006 | -3.6% |
| Land and buildings | 22 | €605,289 | €581,466 | -€23,823 | -3.9% |
| Plant, machinery and equipment | 23 | €1,398 | €1,033 | -€365 | -26.1% |
| Furniture and vehicles | 24 | €233 | €2,415 | +€2,182 | +936.5% |
| Current assets | 29/58 | €56,099 | €81,898 | +€25,799 | +46.0% |
| Amounts receivable within one year | 40/41 | €11,843 | €5,286 | -€6,557 | -55.4% |
| Trade receivables | 40 | €10,055 | €5,087 | -€4,968 | -49.4% |
| Other amounts receivable | 41 | €1,788 | €199 | -€1,589 | -88.9% |
| Cash at bank and in hand | 54/58 | €42,836 | €75,508 | +€32,672 | +76.3% |
| Deferred charges and accrued income | 490/1 | €1,420 | €1,104 | -€316 | -22.3% |
| Total equity and liabilities | 10/49 | €663,019 | €666,812 | +€3,793 | +0.6% |
| Equity | 10/15 | €238,170 | €270,009 | +€31,839 | +13.4% |
| Contributions | 10/11 | €17,309 | €17,309 | = | 0.0% |
| Reserves | 13 | €147,078 | €178,917 | +€31,839 | +21.6% |
| Non-distributable reserves | 130/1 | €3,462 | €3,462 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,462 | €3,462 | = | 0.0% |
| Distributable reserves | 133 | €143,616 | €175,455 | +€31,839 | +22.2% |
| Profit (loss) carried forward | 14 | €73,783 | €73,783 | = | 0.0% |
| Amounts payable | 17/49 | €424,849 | €396,803 | -€28,046 | -6.6% |
| Amounts payable after more than one year | 17 | €367,494 | €313,841 | -€53,653 | -14.6% |
| Financial debts | 170/4 | €367,494 | €313,841 | -€53,653 | -14.6% |
| Amounts payable within one year | 42/48 | €57,355 | €82,962 | +€25,607 | +44.6% |
| Current portion of amounts payable after more than one year | 42 | €51,984 | €53,653 | +€1,669 | +3.2% |
| Financial debts | 43 | €72 | - | -€72 | |
| Credit institutions | 430/8 | €72 | - | -€72 | |
| Trade debts | 44 | €1,346 | €20,569 | +€19,223 | +1428.2% |
| Suppliers | 440/4 | €1,346 | €20,569 | +€19,223 | +1428.2% |
| Taxes, remuneration and social security | 45 | €3,953 | €8,740 | +€4,787 | +121.1% |
| Taxes | 450/3 | €3,953 | €8,740 | +€4,787 | +121.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,659 | €27,049 | -€19,610 | -42.0% |
| Other operating charges | 640/8 | €1,808 | €2,708 | +€900 | +49.8% |
| Gross operating margin | 9900 | €67,731 | €84,756 | +€17,025 | +25.1% |
| Operating profit (loss) | 9901 | €19,264 | €54,999 | +€35,735 | +185.5% |
| Financial income | 75/76B | €322 | €300 | -€22 | -6.8% |
| Recurring financial income | 75 | €322 | €300 | -€22 | -6.8% |
| Non-recurring financial income | 76B | €322 | €300 | -€22 | -6.8% |
| Financial charges | 65/66B | €12,130 | €12,105 | -€25 | -0.2% |
| Recurring financial charges | 65 | €12,130 | €12,105 | -€25 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €7,456 | €43,194 | +€35,738 | +479.3% |
| Income taxes | 67/77 | €2,076 | €11,354 | +€9,278 | +446.9% |
| Profit (loss) for the period | 9904 | €5,380 | €31,840 | +€26,460 | +491.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,380 | €31,840 | +€26,460 | +491.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.