ESPACE-C-CUISINE: 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-C-CUISINE
Largest movements
- Receivables within one year +€74,281
up €74,281 (+68.8%), from €107,952 to €182,233
of which Trade receivables: +€72,430
- Cash -€56,082
down €56,082 (-68.2%), from €82,217 to €26,135
mainly Receivables within one year (-€74,281) and Debts after one year (-€47,596)
- Tangible fixed assets -€49,969
down €49,969 (-32.5%), from €153,671 to €103,702
of which Plant, machinery and equipment: -€30,064
- Intangible fixed assets -€6,600
down €6,600 (-40.5%), from €16,292 to €9,692
- Debts after one year -€47,596
down €47,596 (-19.9%), from €239,461 to €191,865
- Trade debts -€28,458
down €28,458 (-53.5%), from €53,162 to €24,704
- Profit (loss) carried forward +€23,062
up €23,062 (+116%), from €19,853 to €42,915
- Tax, wage and social debts +€16,237
up €16,237 (+1,209%), from €1,343 to €17,580
of which Remuneration and social security: +€8,217
- Other debts -€5,786
down €5,786 (-17.3%), from €33,437 to €27,651
- Purchases and services +€282,538
up €282,538 (+41.4%), from €682,897 to €965,435
- Turnover +€269,214
up €269,214 (+31.3%), from €859,092 to €1.1m
- Financial income +€13,898
up €13,898 (+823%), from €1,689 to €15,588
- Gross operating margin -€13,324
down €13,324 (-7.6%), from €176,195 to €162,871
- Staff costs +€12,260
up €12,260 (+17.6%), from €69,615 to €81,875
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 | €492,973 | €452,311 | -€40,662 | -8.2% |
| Formation expenses | 20 | €10,695 | €10,236 | -€459 | -4.3% |
| Fixed assets | 21/28 | €178,292 | €121,724 | -€56,569 | -31.7% |
| Intangible fixed assets | 21 | €16,292 | €9,692 | -€6,600 | -40.5% |
| Tangible fixed assets | 22/27 | €153,671 | €103,702 | -€49,969 | -32.5% |
| Plant, machinery and equipment | 23 | €115,613 | €85,549 | -€30,064 | -26.0% |
| Furniture and vehicles | 24 | €38,059 | €18,154 | -€19,905 | -52.3% |
| Financial fixed assets | 28 | €8,329 | €8,329 | = | 0.0% |
| Current assets | 29/58 | €303,985 | €320,351 | +€16,366 | +5.4% |
| Stocks and contracts in progress | 3 | €108,370 | €110,619 | +€2,248 | +2.1% |
| Stocks | 30/36 | €108,370 | €110,619 | +€2,248 | +2.1% |
| Amounts receivable within one year | 40/41 | €107,952 | €182,233 | +€74,281 | +68.8% |
| Trade receivables | 40 | €107,952 | €180,383 | +€72,430 | +67.1% |
| Other amounts receivable | 41 | - | €1,851 | +€1,851 | |
| Cash at bank and in hand | 54/58 | €82,217 | €26,135 | -€56,082 | -68.2% |
| Deferred charges and accrued income | 490/1 | €5,446 | €1,365 | -€4,081 | -74.9% |
| Total equity and liabilities | 10/49 | €492,973 | €452,311 | -€40,662 | -8.2% |
| Equity | 10/15 | €119,853 | €142,915 | +€23,062 | +19.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,853 | €42,915 | +€23,062 | +116% |
| Amounts payable | 17/49 | €373,120 | €309,396 | -€63,724 | -17.1% |
| Amounts payable after more than one year | 17 | €239,461 | €191,865 | -€47,596 | -19.9% |
| Financial debts | 170/4 | €239,461 | €191,865 | -€47,596 | -19.9% |
| Amounts payable within one year | 42/48 | €133,659 | €117,531 | -€16,128 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €45,717 | €47,596 | +€1,879 | +4.1% |
| Trade debts | 44 | €53,162 | €24,704 | -€28,458 | -53.5% |
| Suppliers | 440/4 | €53,162 | €24,704 | -€28,458 | -53.5% |
| Taxes, remuneration and social security | 45 | €1,343 | €17,580 | +€16,237 | +1,209% |
| Taxes | 450/3 | €1,343 | €9,364 | +€8,021 | +597% |
| Remuneration and social security | 454/9 | - | €8,217 | +€8,217 | |
| Other amounts payable | 47/48 | €33,437 | €27,651 | -€5,786 | -17.3% |
| Turnover | 70 | €859,092 | €1,128,306 | +€269,214 | +31.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €682,897 | €965,435 | +€282,538 | +41.4% |
| Remuneration, social security and pensions | 62 | €69,615 | €81,875 | +€12,260 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,276 | €57,870 | -€10,406 | -15.2% |
| Other operating charges | 640/8 | €1,159 | €2,009 | +€850 | +73.3% |
| Gross operating margin | 9900 | €176,195 | €162,871 | -€13,324 | -7.6% |
| Operating profit (loss) | 9901 | €37,145 | €21,117 | -€16,028 | -43.2% |
| Financial income | 75/76B | €1,689 | €15,588 | +€13,898 | +823% |
| Recurring financial income | 75 | €1,689 | €15,588 | +€13,898 | +823% |
| Financial charges | 65/66B | €18,982 | €13,643 | -€5,339 | -28.1% |
| Recurring financial charges | 65 | €18,982 | €13,643 | -€5,339 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €19,853 | €23,062 | +€3,209 | +16.2% |
| Profit (loss) for the period | 9904 | €19,853 | €23,062 | +€3,209 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,853 | €23,062 | +€3,209 | +16.2% |
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 21 October 2026 via checked.be.