ESPACE-COACHS: 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-COACHS
Largest movements
- Cash -€134,794
down €134,794 (-96.8%), from €139,310 to €4,516
mainly Net result for the year (-€103,656) and Other debts (-€95,489)
- Stocks and contracts -€67,382
down €67,382 (-76.0%), from €88,661 to €21,279
- Receivables within one year -€27,264
down €27,264 (-86.6%), from €31,498 to €4,235
of which Other amounts receivable: -€24,449
- Tangible fixed assets -€12,411
down €12,411 (-6.0%), from €206,406 to €193,995
of which Furniture and vehicles: -€6,391
- Current investments -€8,000
down €8,000 (-21.1%), from €38,000 to €30,000
- Profit (loss) carried forward -€103,656
new in 2025: -€103,656
- Other debts -€95,489
down €95,489 (-95.5%), from €100,000 to €4,511
- Debts after one year -€28,406
down €28,406 (-18.9%), from €150,052 to €121,646
- Short-term financial debts -€20,257
down €20,257 (-100.0%), from €20,257 to €0
- Tax, wage and social debts -€11,236
down €11,236 (-62.3%), from €18,029 to €6,793
of which Remuneration and social security: -€8,772
- Gross operating margin -€182,654
down €182,654, from €137,448 to -€45,206
- Staff costs -€20,153
down €20,153 (-35.7%), from €56,457 to €36,305
- Taxes -€12,932
down €12,932 (-95.8%), from €13,492 to €560
- Financial income -€3,653
down €3,653 (-73.5%), from €4,968 to €1,315
- Financial charges -€3,551
down €3,551 (-30.6%), from €11,622 to €8,071
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 | €507,992 | €258,186 | -€249,806 | -49.2% |
| Fixed assets | 21/28 | €208,916 | €196,265 | -€12,651 | -6.1% |
| Intangible fixed assets | 21 | €2,010 | €1,470 | -€540 | -26.9% |
| Tangible fixed assets | 22/27 | €206,406 | €193,995 | -€12,411 | -6.0% |
| Land and buildings | 22 | €176,442 | €171,040 | -€5,403 | -3.1% |
| Furniture and vehicles | 24 | €25,563 | €19,172 | -€6,391 | -25.0% |
| Other tangible fixed assets | 26 | €4,401 | €3,784 | -€617 | -14.0% |
| Financial fixed assets | 28 | €500 | €800 | +€300 | +60.0% |
| Current assets | 29/58 | €299,076 | €61,921 | -€237,155 | -79.3% |
| Stocks and contracts in progress | 3 | €88,661 | €21,279 | -€67,382 | -76.0% |
| Stocks | 30/36 | €88,661 | €21,279 | -€67,382 | -76.0% |
| Amounts receivable within one year | 40/41 | €31,498 | €4,235 | -€27,264 | -86.6% |
| Trade receivables | 40 | €2,814 | - | -€2,814 | |
| Other amounts receivable | 41 | €28,684 | €4,235 | -€24,449 | -85.2% |
| Current investments | 50/53 | €38,000 | €30,000 | -€8,000 | -21.1% |
| Cash at bank and in hand | 54/58 | €139,310 | €4,516 | -€134,794 | -96.8% |
| Deferred charges and accrued income | 490/1 | €1,606 | €1,891 | +€284 | +17.7% |
| Total equity and liabilities | 10/49 | €507,992 | €258,186 | -€249,806 | -49.2% |
| Equity | 10/15 | €195,994 | €92,338 | -€103,656 | -52.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €192,994 | €192,994 | = | 0.0% |
| Distributable reserves | 133 | €192,994 | €192,994 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€103,656 | -€103,656 | |
| Amounts payable | 17/49 | €311,998 | €165,849 | -€146,150 | -46.8% |
| Amounts payable after more than one year | 17 | €150,052 | €121,646 | -€28,406 | -18.9% |
| Financial debts | 170/4 | €150,052 | €121,646 | -€28,406 | -18.9% |
| Amounts payable within one year | 42/48 | €160,837 | €43,093 | -€117,744 | -73.2% |
| Current portion of amounts payable after more than one year | 42 | €13,678 | €7,962 | -€5,716 | -41.8% |
| Financial debts | 43 | €20,257 | €0 | -€20,257 | -100.0% |
| Credit institutions | 430/8 | €20,257 | €0 | -€20,257 | -100.0% |
| Trade debts | 44 | €8,874 | €19,876 | +€11,003 | +124.0% |
| Suppliers | 440/4 | €8,874 | €19,876 | +€11,003 | +124.0% |
| Advances received on contracts in progress | 46 | - | €3,951 | +€3,951 | |
| Taxes, remuneration and social security | 45 | €18,029 | €6,793 | -€11,236 | -62.3% |
| Taxes | 450/3 | €6,986 | €4,522 | -€2,464 | -35.3% |
| Remuneration and social security | 454/9 | €11,043 | €2,271 | -€8,772 | -79.4% |
| Other amounts payable | 47/48 | €100,000 | €4,511 | -€95,489 | -95.5% |
| Accrued charges and deferred income | 492/3 | €1,110 | €1,110 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €56,457 | €36,305 | -€20,153 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,951 | €12,951 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,720 | €1,878 | -€2,842 | -60.2% |
| Gross operating margin | 9900 | €137,448 | -€45,206 | -€182,654 | |
| Operating profit (loss) | 9901 | €63,320 | -€96,340 | -€159,660 | |
| Financial income | 75/76B | €4,968 | €1,315 | -€3,653 | -73.5% |
| Recurring financial income | 75 | €4,968 | €1,315 | -€3,653 | -73.5% |
| Financial charges | 65/66B | €11,622 | €8,071 | -€3,551 | -30.6% |
| Recurring financial charges | 65 | €11,622 | €8,071 | -€3,551 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €56,666 | -€103,096 | -€159,762 | |
| Income taxes | 67/77 | €13,492 | €560 | -€12,932 | -95.8% |
| Profit (loss) for the period | 9904 | €43,175 | -€103,656 | -€146,831 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,175 | -€103,656 | -€146,831 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.