ESPACE 28: 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 28
Largest movements
- Receivables within one year +€104,252
up €104,252 (+78.9%), from €132,074 to €236,326
of which Other amounts receivable: +€117,139
- Cash -€102,505
down €102,505 (-36.4%), from €281,340 to €178,836
mainly Receivables within one year (-€104,252) and Debts within one year (-€39,759)
- Profit (loss) carried forward +€48,570
up €48,570 (+30.9%), from €156,991 to €205,561
- Debts within one year -€39,759
down €39,759 (-22.0%), from €180,354 to €140,595
of which Trade debts: -€22,353
- Accrued charges and deferred income -€7,948
down €7,948 (-96.4%), from €8,248 to €300
- Purchases and services +€172,069
up €172,069 (+46.3%), from €371,299 to €543,368
- Gross operating margin +€88,352
up €88,352 (+14.5%), from €608,170 to €696,522
- Write-downs +€25,000
no longer reported in 2025 (was -€25,000)
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 | €421,592 | €422,456 | +€863 | +0.2% |
| Fixed assets | 21/28 | €8,093 | €5,769 | -€2,324 | -28.7% |
| Tangible fixed assets | 22/27 | €8,093 | €5,769 | -€2,324 | -28.7% |
| Other tangible fixed assets | 26 | €8,093 | €5,769 | -€2,324 | -28.7% |
| Current assets | 29/58 | €413,499 | €416,687 | +€3,188 | +0.8% |
| Amounts receivable within one year | 40/41 | €132,074 | €236,326 | +€104,252 | +78.9% |
| Trade receivables | 40 | €70,031 | €57,144 | -€12,886 | -18.4% |
| Other amounts receivable | 41 | €62,043 | €179,182 | +€117,139 | +189% |
| Cash at bank and in hand | 54/58 | €281,340 | €178,836 | -€102,505 | -36.4% |
| Deferred charges and accrued income | 490/1 | €85 | €1,525 | +€1,440 | +1,694% |
| Total equity and liabilities | 10/49 | €421,592 | €422,456 | +€863 | +0.2% |
| Equity | 10/15 | €156,991 | €205,561 | +€48,570 | +30.9% |
| Profit (loss) carried forward | 14 | €156,991 | €205,561 | +€48,570 | +30.9% |
| Provisions and deferred taxes | 16 | €76,000 | €76,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €76,000 | €76,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €76,000 | €76,000 | = | 0.0% |
| Amounts payable | 17/49 | €188,602 | €140,895 | -€47,707 | -25.3% |
| Amounts payable within one year | 42/48 | €180,354 | €140,595 | -€39,759 | -22.0% |
| Trade debts | 44 | €80,277 | €57,924 | -€22,353 | -27.8% |
| Suppliers | 440/4 | €80,277 | €57,924 | -€22,353 | -27.8% |
| Taxes, remuneration and social security | 45 | €77,620 | €78,205 | +€585 | +0.8% |
| Taxes | 450/3 | €162 | - | -€162 | |
| Remuneration and social security | 454/9 | €77,458 | €78,205 | +€747 | +1.0% |
| Accrued charges and deferred income | 492/3 | €8,248 | €300 | -€7,948 | -96.4% |
| Turnover | 70 | €26,218 | €31,531 | +€5,313 | +20.3% |
| Membership fees, donations, legacies and grants | 73 | €953,252 | €1,208,359 | +€255,108 | +26.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €371,299 | €543,368 | +€172,069 | +46.3% |
| Remuneration, social security and pensions | 62 | €639,678 | €644,965 | +€5,286 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,324 | €2,324 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€25,000 | - | +€25,000 | |
| Other operating charges | 640/8 | €268 | €270 | +€2 | +0.9% |
| Gross operating margin | 9900 | €608,170 | €696,522 | +€88,352 | +14.5% |
| Operating profit (loss) | 9901 | -€9,100 | €48,963 | +€58,063 | |
| Financial income | 75/76B | €144 | €0 | -€143 | -99.7% |
| Recurring financial income | 75 | €144 | €0 | -€143 | -99.7% |
| Financial charges | 65/66B | €415 | €393 | -€23 | -5.5% |
| Recurring financial charges | 65 | €415 | €393 | -€23 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,372 | €48,570 | +€57,942 | |
| Profit (loss) for the period | 9904 | -€9,372 | €48,570 | +€57,942 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,372 | €48,570 | +€57,942 |
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 14 October 2026 via checked.be.