ESPACE CHASSIS: 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 CHASSIS
Largest movements
- Cash +€103,667
up €103,667 (+70.1%), from €147,797 to €251,464
mainly Advances received (+€41,000) and Net result for the year (+€37,397)
- Receivables within one year +€26,192
up €26,192 (+102.9%), from €25,452 to €51,643
of which Trade receivables: +€14,800
- Stocks and contracts -€25,470
down €25,470 (-86.9%), from €29,320 to €3,850
- Tangible fixed assets -€5,778
down €5,778 (-2.8%), from €204,765 to €198,986
of which Land and buildings: -€5,545
- Advances received +€41,000
up €41,000 (+273.3%), from €15,000 to €56,000
- Reserves +€37,180
up €37,180 (+20.2%), from €183,880 to €221,060
- Trade debts +€13,861
up €13,861 (+270.0%), from €5,133 to €18,994
- Tax, wage and social debts +€11,852
up €11,852 (+514.5%), from €2,303 to €14,155
- Debts after one year -€7,409
down €7,409 (-7.4%), from €99,702 to €92,293
- Gross operating margin +€22,891
up €22,891 (+43.0%), from €53,236 to €76,127
- Other operating charges -€18,444
down €18,444 (-91.9%), from €20,059 to €1,615
- Taxes +€11,190
up €11,190 (+140.5%), from €7,966 to €19,155
- Write-downs +€10,724
no longer reported in 2025 (was -€10,724)
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 | €407,415 | €506,017 | +€98,603 | +24.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €204,765 | €198,986 | -€5,778 | -2.8% |
| Tangible fixed assets | 22/27 | €204,765 | €198,986 | -€5,778 | -2.8% |
| Land and buildings | 22 | €168,083 | €162,537 | -€5,545 | -3.3% |
| Plant, machinery and equipment | 23 | €26,255 | €29,261 | +€3,006 | +11.5% |
| Furniture and vehicles | 24 | €10,338 | €7,188 | -€3,150 | -30.5% |
| Other tangible fixed assets | 26 | €89 | €0 | -€89 | -100.0% |
| Current assets | 29/58 | €202,650 | €307,031 | +€104,381 | +51.5% |
| Stocks and contracts in progress | 3 | €29,320 | €3,850 | -€25,470 | -86.9% |
| Stocks | 30/36 | €29,320 | €3,850 | -€25,470 | -86.9% |
| Amounts receivable within one year | 40/41 | €25,452 | €51,643 | +€26,192 | +102.9% |
| Trade receivables | 40 | €7,810 | €22,610 | +€14,800 | +189.5% |
| Other amounts receivable | 41 | €17,642 | €29,033 | +€11,391 | +64.6% |
| Cash at bank and in hand | 54/58 | €147,797 | €251,464 | +€103,667 | +70.1% |
| Deferred charges and accrued income | 490/1 | €82 | €74 | -€7 | -9.1% |
| Total equity and liabilities | 10/49 | €407,415 | €506,017 | +€98,603 | +24.2% |
| Equity | 10/15 | €278,080 | €315,477 | +€37,397 | +13.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €183,880 | €221,060 | +€37,180 | +20.2% |
| Distributable reserves | 133 | €183,880 | €221,060 | +€37,180 | +20.2% |
| Profit (loss) carried forward | 14 | €81,800 | €82,017 | +€217 | +0.3% |
| Amounts payable | 17/49 | €129,334 | €190,540 | +€61,206 | +47.3% |
| Amounts payable after more than one year | 17 | €99,702 | €92,293 | -€7,409 | -7.4% |
| Financial debts | 170/4 | €99,702 | €92,293 | -€7,409 | -7.4% |
| Amounts payable within one year | 42/48 | €29,633 | €98,247 | +€68,614 | +231.5% |
| Current portion of amounts payable after more than one year | 42 | €7,196 | €7,409 | +€212 | +2.9% |
| Trade debts | 44 | €5,133 | €18,994 | +€13,861 | +270.0% |
| Suppliers | 440/4 | €5,133 | €18,994 | +€13,861 | +270.0% |
| Advances received on contracts in progress | 46 | €15,000 | €56,000 | +€41,000 | +273.3% |
| Taxes, remuneration and social security | 45 | €2,303 | €14,155 | +€11,852 | +514.5% |
| Taxes | 450/3 | €2,303 | €14,155 | +€11,852 | +514.5% |
| Other amounts payable | 47/48 | - | €1,689 | +€1,689 | |
| Remuneration, social security and pensions | 62 | €87 | - | -€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,106 | €14,841 | +€735 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,724 | - | +€10,724 | |
| Other operating charges | 640/8 | €20,059 | €1,615 | -€18,444 | -91.9% |
| Gross operating margin | 9900 | €53,236 | €76,127 | +€22,891 | +43.0% |
| Operating profit (loss) | 9901 | €29,707 | €59,670 | +€29,963 | +100.9% |
| Financial income | 75/76B | €443 | €381 | -€63 | -14.1% |
| Recurring financial income | 75 | €443 | €381 | -€63 | -14.1% |
| Financial charges | 65/66B | €3,661 | €3,499 | -€162 | -4.4% |
| Recurring financial charges | 65 | €3,661 | €3,499 | -€162 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €26,490 | €56,552 | +€30,063 | +113.5% |
| Income taxes | 67/77 | €7,966 | €19,155 | +€11,190 | +140.5% |
| Profit (loss) for the period | 9904 | €18,524 | €37,397 | +€18,873 | +101.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,524 | €37,397 | +€18,873 | +101.9% |
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 11 October 2026 via checked.be.