Espace CECP: 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 CECP
Largest movements
- Cash +€201,635
up €201,635 (+178217.0%), from €113 to €201,748
mainly Depreciation (+€137,993) and Trade debts (+€51,434)
- Tangible fixed assets -€137,993
down €137,993 (-7.1%), from €1.9m to €1.8m
- Trade debts +€51,434
up €51,434 (+2175.1%), from €2,365 to €53,798
- Profit (loss) carried forward +€37,122
up €37,122 (+16.7%), from -€222,160 to -€185,037
- Other debts -€26,862
no longer reported in 2025 (was €26,862)
- Gross operating margin +€252,159
up €252,159, from -€51,290 to €200,869
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 | €1,937,217 | €1,998,911 | +€61,694 | +3.2% |
| Fixed assets | 21/28 | €1,935,156 | €1,797,163 | -€137,993 | -7.1% |
| Tangible fixed assets | 22/27 | €1,933,906 | €1,795,913 | -€137,993 | -7.1% |
| Land and buildings | 22 | €1,933,906 | €1,795,913 | -€137,993 | -7.1% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €2,061 | €201,748 | +€199,687 | +9689.6% |
| Cash at bank and in hand | 54/58 | €113 | €201,748 | +€201,635 | +178217.0% |
| Deferred charges and accrued income | 490/1 | €1,948 | - | -€1,948 | |
| Total equity and liabilities | 10/49 | €1,937,217 | €1,998,911 | +€61,694 | +3.2% |
| Equity | 10/15 | €1,657,990 | €1,695,113 | +€37,122 | +2.2% |
| Contributions | 10/11 | €1,850,000 | €1,850,000 | = | 0.0% |
| Capital | 10 | €1,850,000 | €1,850,000 | = | 0.0% |
| Issued capital | 100 | €1,850,000 | €1,850,000 | = | 0.0% |
| Reserves | 13 | €30,150 | €30,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,150 | €30,150 | = | 0.0% |
| Legal reserve | 130 | €30,150 | €30,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,160 | -€185,037 | +€37,122 | +16.7% |
| Amounts payable | 17/49 | €279,226 | €303,798 | +€24,572 | +8.8% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,226 | €53,798 | +€24,572 | +84.1% |
| Trade debts | 44 | €2,365 | €53,798 | +€51,434 | +2175.1% |
| Suppliers | 440/4 | €2,365 | €53,798 | +€51,434 | +2175.1% |
| Other amounts payable | 47/48 | €26,862 | - | -€26,862 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,993 | €137,993 | = | 0.0% |
| Other operating charges | 640/8 | €24,613 | €25,108 | +€495 | +2.0% |
| Gross operating margin | 9900 | -€51,290 | €200,869 | +€252,159 | |
| Operating profit (loss) | 9901 | -€213,896 | €37,768 | +€251,664 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €464 | €667 | +€203 | +43.9% |
| Recurring financial charges | 65 | €464 | €667 | +€203 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | -€214,360 | €37,122 | +€251,482 | |
| Profit (loss) for the period | 9904 | -€214,360 | €37,122 | +€251,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€214,360 | €37,122 | +€251,482 |
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 6 October 2026 via checked.be.