E.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.
E.SPACE
Largest movements
- Stocks and contracts -€475,337
down €475,337 (-90.4%), from €525,640 to €50,303
- Receivables within one year -€55,813
down €55,813 (-18.5%), from €302,173 to €246,360
of which Trade receivables: -€131,423
- Short-term financial debts -€463,850
down €463,850 (-100%), from €463,850 to €0
- Other debts -€81,050
down €81,050 (-13.3%), from €607,977 to €526,927
- Trade debts +€25,034
up €25,034 (+985%), from €2,541 to €27,575
- Tax, wage and social debts -€16,076
down €16,076 (-100%), from €16,076 to €0
- Gross operating margin +€42,362
up €42,362, from -€34,803 to €7,560
- Financial charges -€35,247
down €35,247 (-90.4%), from €38,986 to €3,739
of which Financial charges: -€27,425
- Financial income +€410
up €410 (+1,368,100%), from €0 to €410
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 | €898,560 | €366,409 | -€532,152 | -59.2% |
| Fixed assets | 21/28 | €2,100 | €2,100 | = | 0.0% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €896,460 | €364,309 | -€532,152 | -59.4% |
| Stocks and contracts in progress | 3 | €525,640 | €50,303 | -€475,337 | -90.4% |
| Stocks | 30/36 | €525,640 | €50,303 | -€475,337 | -90.4% |
| Amounts receivable within one year | 40/41 | €302,173 | €246,360 | -€55,813 | -18.5% |
| Trade receivables | 40 | €277,173 | €145,750 | -€131,423 | -47.4% |
| Other amounts receivable | 41 | €25,000 | €100,610 | +€75,610 | +302% |
| Cash at bank and in hand | 54/58 | €68,647 | €67,645 | -€1,002 | -1.5% |
| Total equity and liabilities | 10/49 | €898,560 | €366,409 | -€532,152 | -59.2% |
| Equity | 10/15 | -€192,006 | -€188,093 | +€3,913 | +2.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€212,006 | -€208,093 | +€3,913 | +1.8% |
| Amounts payable | 17/49 | €1,090,567 | €554,502 | -€536,065 | -49.2% |
| Amounts payable within one year | 42/48 | €1,090,444 | €554,502 | -€535,942 | -49.1% |
| Financial debts | 43 | €463,850 | €0 | -€463,850 | -100% |
| Credit institutions | 430/8 | €463,850 | €0 | -€463,850 | -100% |
| Trade debts | 44 | €2,541 | €27,575 | +€25,034 | +985% |
| Suppliers | 440/4 | €2,541 | €27,575 | +€25,034 | +985% |
| Taxes, remuneration and social security | 45 | €16,076 | €0 | -€16,076 | -100% |
| Taxes | 450/3 | €16,076 | €0 | -€16,076 | -100% |
| Other amounts payable | 47/48 | €607,977 | €526,927 | -€81,050 | -13.3% |
| Accrued charges and deferred income | 492/3 | €123 | €0 | -€123 | -100% |
| Other operating charges | 640/8 | €115 | €317 | +€202 | +176% |
| Gross operating margin | 9900 | -€34,803 | €7,560 | +€42,362 | |
| Operating profit (loss) | 9901 | -€34,918 | €7,242 | +€42,160 | |
| Financial income | 75/76B | €0 | €410 | +€410 | +1,368,100% |
| Recurring financial income | 75 | €0 | €410 | +€410 | +1,368,100% |
| Financial charges | 65/66B | €38,986 | €3,739 | -€35,247 | -90.4% |
| Recurring financial charges | 65 | €31,165 | €3,739 | -€27,425 | -88.0% |
| Non-recurring financial charges | 66B | €7,821 | €0 | -€7,821 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€73,904 | €3,913 | +€77,817 | |
| Profit (loss) for the period | 9904 | -€73,904 | €3,913 | +€77,817 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,904 | €3,913 | +€77,817 |
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 18 October 2026 via checked.be.