ESPACE: 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.
ESPACE
Largest movements
- Tangible fixed assets +€6,103
new in 2025: €6,103
- Deferred charges and accrued income -€4,966
down €4,966 (-95.5%), from €5,200 to €234
- Accrued charges and deferred income +€21,989
up €21,989 (+58.7%), from €37,441 to €59,430
- Debts within one year -€17,821
down €17,821 (-6.1%), from €291,572 to €273,750
- Purchases and services -€60,355
no longer reported in 2025 (was €60,355)
- Gross operating margin +€35,585
up €35,585 (+5.5%), from €649,247 to €684,831
- Staff costs +€28,569
up €28,569 (+4.4%), from €655,533 to €684,103
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €363,272 | €367,440 | +€4,168 | +1.1% |
| Fixed assets | 21/28 | €3,389 | €10,003 | +€6,614 | +195.2% |
| Tangible fixed assets | 22/27 | - | €6,103 | +€6,103 | |
| Other tangible fixed assets | 26 | - | €6,103 | +€6,103 | |
| Financial fixed assets | 28 | €3,389 | €3,900 | +€511 | +15.1% |
| Current assets | 29/58 | €359,883 | €357,437 | -€2,446 | -0.7% |
| Amounts receivable within one year | 40/41 | €76,513 | €79,175 | +€2,663 | +3.5% |
| Trade receivables | 40 | - | €65 | +€65 | |
| Other amounts receivable | 41 | €76,513 | €79,110 | +€2,598 | +3.4% |
| Current investments | 50/53 | €2,083 | €2,083 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €276,088 | €275,946 | -€143 | -0.1% |
| Deferred charges and accrued income | 490/1 | €5,200 | €234 | -€4,966 | -95.5% |
| Total equity and liabilities | 10/49 | €363,272 | €367,440 | +€4,168 | +1.1% |
| Equity | 10/15 | €34,259 | €34,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,259 | €34,259 | = | 0.0% |
| Amounts payable | 17/49 | €329,013 | €333,181 | +€4,168 | +1.3% |
| Amounts payable within one year | 42/48 | €291,572 | €273,750 | -€17,821 | -6.1% |
| Trade debts | 44 | €319 | €92 | -€227 | -71.1% |
| Suppliers | 440/4 | €319 | €92 | -€227 | -71.1% |
| Taxes, remuneration and social security | 45 | €103,880 | €102,154 | -€1,726 | -1.7% |
| Taxes | 450/3 | €14,056 | €6,423 | -€7,633 | -54.3% |
| Remuneration and social security | 454/9 | €89,824 | €95,731 | +€5,907 | +6.6% |
| Accrued charges and deferred income | 492/3 | €37,441 | €59,430 | +€21,989 | +58.7% |
| Membership fees, donations, legacies and grants | 73 | €708,404 | - | -€708,404 | |
| Goods, raw materials, services and sundry goods | 60/61 | €60,355 | - | -€60,355 | |
| Remuneration, social security and pensions | 62 | €655,533 | €684,103 | +€28,569 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €678 | +€678 | |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | €649,247 | €684,831 | +€35,585 | +5.5% |
| Operating profit (loss) | 9901 | -€6,367 | -€29 | +€6,337 | +99.5% |
| Financial income | 75/76B | €757 | €618 | -€138 | -18.3% |
| Recurring financial income | 75 | €757 | €618 | -€138 | -18.3% |
| Financial charges | 65/66B | €350 | €589 | +€239 | +68.4% |
| Recurring financial charges | 65 | €350 | €589 | +€239 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,960 | - | +€5,960 | |
| Profit (loss) for the period | 9904 | -€5,960 | - | +€5,960 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,960 | - | +€5,960 |
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 11 October 2026 via checked.be.