ESPACE ABC: 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.
ESPACE ABC
Largest movements
- Tangible fixed assets -€34,959
down €34,959 (-7.5%), from €467,282 to €432,323
- Receivables within one year +€23,678
up €23,678 (+23.6%), from €100,495 to €124,173
of which Other amounts receivable: +€30,200
- Investment grants -€35,449
down €35,449 (-29.8%), from €119,090 to €83,642
- Profit (loss) carried forward +€24,128
up €24,128 (+31.8%), from €75,913 to €100,042
- Debts after one year +€9,892
up €9,892 (+2.8%), from €353,719 to €363,611
- Debts within one year -€7,660
down €7,660 (-10.1%), from €75,565 to €67,905
of which Current portion of long-term debt: -€13,178
- Purchases and services -€16,335
down €16,335 (-31.4%), from €52,045 to €35,709
- Gross operating margin +€12,065
up €12,065 (+13.0%), from €93,133 to €105,197
- Turnover -€4,770
down €4,770 (-4.4%), from €109,529 to €104,758
- Other operating charges +€1,248
up €1,248 (+40.8%), from €3,061 to €4,309
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 | €624,287 | €615,199 | -€9,088 | -1.5% |
| Fixed assets | 21/28 | €467,282 | €432,323 | -€34,959 | -7.5% |
| Tangible fixed assets | 22/27 | €467,282 | €432,323 | -€34,959 | -7.5% |
| Land and buildings | 22 | €467,282 | €432,323 | -€34,959 | -7.5% |
| Current assets | 29/58 | €157,005 | €182,876 | +€25,871 | +16.5% |
| Amounts receivable within one year | 40/41 | €100,495 | €124,173 | +€23,678 | +23.6% |
| Trade receivables | 40 | €13,819 | €7,297 | -€6,522 | -47.2% |
| Other amounts receivable | 41 | €86,676 | €116,876 | +€30,200 | +34.8% |
| Cash at bank and in hand | 54/58 | €55,444 | €57,531 | +€2,087 | +3.8% |
| Deferred charges and accrued income | 490/1 | €1,066 | €1,172 | +€106 | +10.0% |
| Total equity and liabilities | 10/49 | €624,287 | €615,199 | -€9,088 | -1.5% |
| Equity | 10/15 | €195,004 | €183,684 | -€11,320 | -5.8% |
| Profit (loss) carried forward | 14 | €75,913 | €100,042 | +€24,128 | +31.8% |
| Investment grants | 15 | €119,090 | €83,642 | -€35,449 | -29.8% |
| Amounts payable | 17/49 | €429,284 | €431,516 | +€2,232 | +0.5% |
| Amounts payable after more than one year | 17 | €353,719 | €363,611 | +€9,892 | +2.8% |
| Other amounts payable | 178/9 | €353,719 | €363,611 | +€9,892 | +2.8% |
| Amounts payable within one year | 42/48 | €75,565 | €67,905 | -€7,660 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €13,178 | - | -€13,178 | |
| Trade debts | 44 | - | €1,840 | +€1,840 | |
| Suppliers | 440/4 | - | €1,840 | +€1,840 | |
| Taxes, remuneration and social security | 45 | €61,165 | €64,844 | +€3,678 | +6.0% |
| Taxes | 450/3 | €61,165 | €64,844 | +€3,678 | +6.0% |
| Turnover | 70 | €109,529 | €104,758 | -€4,770 | -4.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €52,045 | €35,709 | -€16,335 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,472 | €64,067 | -€405 | -0.6% |
| Other operating charges | 640/8 | €3,061 | €4,309 | +€1,248 | +40.8% |
| Gross operating margin | 9900 | €93,133 | €105,197 | +€12,065 | +13.0% |
| Operating profit (loss) | 9901 | €25,599 | €36,821 | +€11,222 | +43.8% |
| Financial charges | 65/66B | €12,683 | €12,693 | +€10 | +0.1% |
| Recurring financial charges | 65 | €12,683 | €12,693 | +€10 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €12,916 | €24,128 | +€11,213 | +86.8% |
| Profit (loss) for the period | 9904 | €12,916 | €24,128 | +€11,213 | +86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,916 | €24,128 | +€11,213 | +86.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.