Espace 106: 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.
What changed
Espace 106
NACE 47.639, Retail sale of other sporting goods
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,630
2023 · €20,715-€14,085
Equity
€67,255
2023 · €60,626+€6,630
Cash
€851
2023 · €609+€242
Balance sheet total
€530,666
2023 · €532,057-€1,391
Largest movements
Assets
- Tangible fixed assets -€36,893
down €36,893 (-7.7%), from €478,864 to €441,972
of which Land and buildings: -€34,671
- Intangible fixed assets +€34,408
up €34,408 (+101.6%), from €33,876 to €68,284
Equity and liabilities
- Debts after one year -€11,714
down €11,714 (-2.8%), from €412,827 to €401,113
- Current portion of long-term debt +€11,704
up €11,704 (+32.9%), from €35,566 to €47,270
- Other debts -€9,495
no longer reported in 2024 (was €9,495)
- Profit (loss) carried forward +€6,630
up €6,630 (+137.4%), from €4,826 to €11,455
Income statement
- Gross operating margin -€9,746
down €9,746 (-9.8%), from €99,870 to €90,124
- Depreciation +€3,706
up €3,706 (+6.1%), from €61,215 to €64,921
From the 2023 result to the 2024 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.
Result 2023
€20,715
Gross operating margin
-€9,746
Staff costs
+€103
Depreciation
-€3,706
Other operating charges
-€491
Other operating items
+€270
Financial income
+€33
Financial charges
-€291
Taxes
-€256
Result 2024
€6,630
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€64,247
Investment
-€62,436
Financing
-€1,569
Cash 2023
€609
From operations (derived)
+€64,247
Net result for the year
+€6,630
Depreciation
+€64,921
Receivables within one year
+€2,002
Deferred charges and accrued income
-€2,853
Trade debts
+€3,080
Smaller working-capital items
-€36
Other debts
-€9,495
Investment (derived)
-€62,436
Investment in fixed assets (net)
-€62,436
Financing
-€1,569
Debts after one year
-€11,714
Current portion of long-term debt
+€11,704
Short-term financial debts
-€1,558
Cash 2024
€851
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €532,057 | €530,666 | -€1,391 | -0.3% |
| Fixed assets | 21/28 | €512,740 | €510,255 | -€2,485 | -0.5% |
| Intangible fixed assets | 21 | €33,876 | €68,284 | +€34,408 | +101.6% |
| Tangible fixed assets | 22/27 | €478,864 | €441,972 | -€36,893 | -7.7% |
| Land and buildings | 22 | €455,854 | €421,183 | -€34,671 | -7.6% |
| Plant, machinery and equipment | 23 | €6,612 | €5,941 | -€671 | -10.2% |
| Furniture and vehicles | 24 | €16,398 | €10,303 | -€6,096 | -37.2% |
| Leasing and similar rights | 25 | - | €4,545 | +€4,545 | |
| Current assets | 29/58 | €19,317 | €20,411 | +€1,093 | +5.7% |
| Amounts receivable within one year | 40/41 | €18,014 | €16,012 | -€2,002 | -11.1% |
| Trade receivables | 40 | €17,194 | €10,066 | -€7,128 | -41.5% |
| Other amounts receivable | 41 | €820 | €5,946 | +€5,126 | +625.0% |
| Cash at bank and in hand | 54/58 | €609 | €851 | +€242 | +39.8% |
| Deferred charges and accrued income | 490/1 | €695 | €3,548 | +€2,853 | +410.5% |
| Total equity and liabilities | 10/49 | €532,057 | €530,666 | -€1,391 | -0.3% |
| Equity | 10/15 | €60,626 | €67,255 | +€6,630 | +10.9% |
| Contributions | 10/11 | €50,800 | €50,800 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,826 | €11,455 | +€6,630 | +137.4% |
| Amounts payable | 17/49 | €471,432 | €463,411 | -€8,021 | -1.7% |
| Amounts payable after more than one year | 17 | €412,827 | €401,113 | -€11,714 | -2.8% |
| Financial debts | 170/4 | €412,827 | €401,113 | -€11,714 | -2.8% |
| Amounts payable within one year | 42/48 | €57,704 | €61,460 | +€3,755 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €35,566 | €47,270 | +€11,704 | +32.9% |
| Financial debts | 43 | €8,058 | €6,499 | -€1,558 | -19.3% |
| Credit institutions | 430/8 | €8,058 | €6,499 | -€1,558 | -19.3% |
| Trade debts | 44 | €3,674 | €6,753 | +€3,080 | +83.8% |
| Suppliers | 440/4 | €3,674 | €6,753 | +€3,080 | +83.8% |
| Taxes, remuneration and social security | 45 | €911 | €937 | +€26 | +2.8% |
| Taxes | 450/3 | €911 | €937 | +€26 | +2.8% |
| Other amounts payable | 47/48 | €9,495 | - | -€9,495 | |
| Accrued charges and deferred income | 492/3 | €900 | €838 | -€62 | -6.9% |
| Remuneration, social security and pensions | 62 | €111 | €8 | -€103 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,215 | €64,921 | +€3,706 | +6.1% |
| Other operating charges | 640/8 | €2,524 | €3,015 | +€491 | +19.5% |
| Non-recurring operating charges | 66A | €270 | - | -€270 | |
| Gross operating margin | 9900 | €99,870 | €90,124 | -€9,746 | -9.8% |
| Operating profit (loss) | 9901 | €35,751 | €22,180 | -€13,571 | -38.0% |
| Financial income | 75/76B | €0 | €33 | +€33 | +46657.1% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +46657.1% |
| Financial charges | 65/66B | €14,872 | €15,163 | +€291 | +2.0% |
| Recurring financial charges | 65 | €14,872 | €15,163 | +€291 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €20,879 | €7,050 | -€13,829 | -66.2% |
| Income taxes | 67/77 | €164 | €420 | +€256 | +155.6% |
| Profit (loss) for the period | 9904 | €20,715 | €6,630 | -€14,085 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,715 | €6,630 | -€14,085 | -68.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.