ESPACE - CHIMAY: 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.
What changed
ESPACE - CHIMAY
NACE 94.995, Activities of membership organisations
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€21,772
2024 · -€38,274+€16,502
Equity
€363,115
2024 · €433,035-€69,920
Cash
€25,519
2024 · €42,273-€16,754
Balance sheet total
€399,772
2024 · €480,363-€80,591
Largest movements
Assets
- Tangible fixed assets -€84,970
down €84,970 (-30.6%), from €277,403 to €192,433
of which Other tangible fixed assets: -€78,982
- Receivables within one year +€27,455
up €27,455 (+234%), from €11,750 to €39,205
of which Trade receivables: +€27,414
- Cash -€16,754
down €16,754 (-39.6%), from €42,273 to €25,519
mainly Contributions, distributions and other (-€48,148) and Receivables within one year (-€27,455)
- Current investments -€6,738
down €6,738 (-4.5%), from €148,600 to €141,862
Equity and liabilities
- Investment grants -€48,148
down €48,148 (-40.8%), from €118,111 to €69,963
- Profit (loss) carried forward -€21,772
down €21,772 (-6.9%), from €314,924 to €293,152
- Debts after one year -€10,694
no longer reported in 2025 (was €10,694)
Income statement
- Staff costs -€10,160
down €10,160 (-11.0%), from €91,990 to €81,830
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.
Result 2024
-€38,274
Turnover
-€325
Services and other goods
+€1,901
Staff costs
+€10,160
Depreciation
+€326
Other operating charges
+€305
Other operating items
+€3,566
Financial income
-€368
Financial charges
+€874
Taxes
+€64
Result 2025
-€21,772
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€41,040
Investment
+€1,049
Financing
-€58,842
Cash 2024
€42,273
From operations (derived)
+€41,040
Net result for the year
-€21,772
Depreciation
+€90,660
Receivables within one year
-€27,455
Deferred charges and accrued income
-€417
Smaller working-capital items
+€24
Investment (derived)
+€1,049
Investment in fixed assets (net)
-€5,689
Current investments
+€6,738
Financing
-€58,842
Debts after one year
-€10,694
Contributions, distributions and other
-€48,148
Cash 2025
€25,519
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €480,363 | €399,772 | -€80,591 | -16.8% |
| Fixed assets | 21/28 | €277,583 | €192,613 | -€84,970 | -30.6% |
| Tangible fixed assets | 22/27 | €277,403 | €192,433 | -€84,970 | -30.6% |
| Furniture and vehicles | 24 | €2,728 | €2,240 | -€488 | -17.9% |
| Other tangible fixed assets | 26 | €269,174 | €190,192 | -€78,982 | -29.3% |
| Assets under construction and advance payments | 27 | €5,500 | - | -€5,500 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Other financial fixed assets | 284/8 | €180 | €180 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €202,780 | €207,160 | +€4,380 | +2.2% |
| Amounts receivable within one year | 40/41 | €11,750 | €39,205 | +€27,455 | +234% |
| Trade receivables | 40 | €9,668 | €37,082 | +€27,414 | +284% |
| Other amounts receivable | 41 | €2,082 | €2,123 | +€41 | +2.0% |
| Current investments | 50/53 | €148,600 | €141,862 | -€6,738 | -4.5% |
| Cash at bank and in hand | 54/58 | €42,273 | €25,519 | -€16,754 | -39.6% |
| Deferred charges and accrued income | 490/1 | €157 | €573 | +€417 | +266% |
| Total equity and liabilities | 10/49 | €480,363 | €399,772 | -€80,591 | -16.8% |
| Equity | 10/15 | €433,035 | €363,115 | -€69,920 | -16.1% |
| Profit (loss) carried forward | 14 | €314,924 | €293,152 | -€21,772 | -6.9% |
| Investment grants | 15 | €118,111 | €69,963 | -€48,148 | -40.8% |
| Amounts payable | 17/49 | €47,328 | €36,658 | -€10,670 | -22.5% |
| Amounts payable after more than one year | 17 | €10,694 | - | -€10,694 | |
| Financial debts | 170/4 | €10,694 | - | -€10,694 | |
| Credit institutions | 173 | €10,694 | - | -€10,694 | |
| Amounts payable within one year | 42/48 | €36,634 | €36,621 | -€13 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €18,333 | €10,694 | -€7,639 | -41.7% |
| Trade debts | 44 | €6,149 | €9,214 | +€3,066 | +49.9% |
| Suppliers | 440/4 | €6,149 | €9,214 | +€3,066 | +49.9% |
| Advances received on contracts in progress | 46 | €12 | - | -€12 | |
| Taxes, remuneration and social security | 45 | €12,140 | €15,560 | +€3,420 | +28.2% |
| Taxes | 450/3 | €2,116 | €1,217 | -€899 | -42.5% |
| Remuneration and social security | 454/9 | €10,024 | €14,343 | +€4,319 | +43.1% |
| Accrued charges and deferred income | 492/3 | - | €37 | +€37 | |
| Operating income | 70/76A | €269,337 | €272,529 | +€3,191 | +1.2% |
| Turnover | 70 | €218,346 | €218,021 | -€325 | -0.1% |
| Membership fees, donations, legacies and grants | 73 | €50,976 | €54,496 | +€3,520 | +6.9% |
| Non-recurring operating income | 76A | €15 | €12 | -€3 | -19.9% |
| Operating charges | 60/66A | €305,714 | €292,973 | -€12,741 | -4.2% |
| Services and other goods | 61 | €120,360 | €118,459 | -€1,901 | -1.6% |
| Remuneration, social security and pensions | 62 | €91,990 | €81,830 | -€10,160 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,985 | €90,660 | -€326 | -0.4% |
| Other operating charges | 640/8 | €2,330 | €2,025 | -€305 | -13.1% |
| Non-recurring operating charges | 66A | €49 | - | -€49 | |
| Operating profit (loss) | 9901 | -€36,377 | -€20,444 | +€15,932 | +43.8% |
| Financial income | 75/76B | €1,356 | €988 | -€368 | -27.2% |
| Recurring financial income | 75 | €1,356 | €988 | -€368 | -27.2% |
| Income from current assets | 751 | €1,356 | €988 | -€368 | -27.2% |
| Financial charges | 65/66B | €2,894 | €2,019 | -€874 | -30.2% |
| Recurring financial charges | 65 | €2,894 | €2,019 | -€874 | -30.2% |
| Debt charges | 650 | €1,794 | €947 | -€848 | -47.2% |
| Other financial charges | 652/9 | €1,099 | €1,072 | -€27 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,914 | -€21,476 | +€16,439 | +43.4% |
| Income taxes | 67/77 | €360 | €296 | -€64 | -17.7% |
| Taxes | 670/3 | €360 | €296 | -€64 | -17.7% |
| Profit (loss) for the period | 9904 | -€38,274 | -€21,772 | +€16,502 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,274 | -€21,772 | +€16,502 | +43.1% |
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.