ESPACE CONCEPT: 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 CONCEPT
Largest movements
- Cash +€46,650
up €46,650 (+11.6%), from €400,948 to €447,598
mainly Provisions (+€47,141) and Other debts (+€35,202)
- Tangible fixed assets -€12,975
down €12,975 (-10.5%), from €124,070 to €111,095
of which Leasing and similar rights: -€10,979
- Provisions +€47,141
new in 2025: €47,141
- Profit (loss) carried forward -€36,776
down €36,776 (-27.6%), from €133,406 to €96,630
- Other debts +€35,202
up €35,202 (+223.2%), from €15,769 to €50,971
- Tax, wage and social debts -€10,532
down €10,532 (-82.6%), from €12,757 to €2,225
- Financial charges +€58,212
up €58,212 (+25531.6%), from €228 to €58,440
- Provisions +€47,141
new in 2025: €47,141
- Taxes -€17,187
down €17,187 (-63.7%), from €27,000 to €9,813
- Gross operating margin -€14,668
down €14,668 (-12.9%), from €113,659 to €98,991
- Depreciation +€2,952
up €2,952 (+19.7%), from €15,001 to €17,953
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 | €551,579 | €582,595 | +€31,016 | +5.6% |
| Fixed assets | 21/28 | €124,070 | €111,095 | -€12,975 | -10.5% |
| Tangible fixed assets | 22/27 | €124,070 | €111,095 | -€12,975 | -10.5% |
| Land and buildings | 22 | €32,792 | €30,391 | -€2,401 | -7.3% |
| Plant, machinery and equipment | 23 | €7,386 | €6,508 | -€878 | -11.9% |
| Furniture and vehicles | 24 | €0 | €4,824 | +€4,824 | |
| Leasing and similar rights | 25 | €46,713 | €35,734 | -€10,979 | -23.5% |
| Other tangible fixed assets | 26 | €37,179 | €33,638 | -€3,541 | -9.5% |
| Current assets | 29/58 | €427,509 | €471,500 | +€43,991 | +10.3% |
| Amounts receivable within one year | 40/41 | €26,561 | €23,252 | -€3,309 | -12.5% |
| Trade receivables | 40 | €17,101 | €12,998 | -€4,103 | -24.0% |
| Other amounts receivable | 41 | €9,460 | €10,254 | +€794 | +8.4% |
| Cash at bank and in hand | 54/58 | €400,948 | €447,598 | +€46,650 | +11.6% |
| Deferred charges and accrued income | 490/1 | - | €650 | +€650 | |
| Total equity and liabilities | 10/49 | €551,579 | €582,595 | +€31,016 | +5.6% |
| Equity | 10/15 | €518,796 | €482,020 | -€36,776 | -7.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Outside capital | 11 | €12,600 | €12,600 | = | 0.0% |
| Other | 1109/19 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €372,790 | €372,790 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,890 | €1,890 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €369,400 | €369,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,406 | €96,630 | -€36,776 | -27.6% |
| Provisions and deferred taxes | 16 | - | €47,141 | +€47,141 | |
| Provisions for liabilities and charges | 160/5 | - | €47,141 | +€47,141 | |
| Other liabilities and charges | 164/5 | - | €47,141 | +€47,141 | |
| Amounts payable | 17/49 | €32,783 | €53,434 | +€20,651 | +63.0% |
| Amounts payable within one year | 42/48 | €32,783 | €53,434 | +€20,651 | +63.0% |
| Trade debts | 44 | €4,257 | €238 | -€4,019 | -94.4% |
| Suppliers | 440/4 | €4,257 | €238 | -€4,019 | -94.4% |
| Taxes, remuneration and social security | 45 | €12,757 | €2,225 | -€10,532 | -82.6% |
| Taxes | 450/3 | €12,757 | €2,225 | -€10,532 | -82.6% |
| Other amounts payable | 47/48 | €15,769 | €50,971 | +€35,202 | +223.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,001 | €17,953 | +€2,952 | +19.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €47,141 | +€47,141 | |
| Other operating charges | 640/8 | €3,108 | €2,420 | -€688 | -22.1% |
| Gross operating margin | 9900 | €113,659 | €98,991 | -€14,668 | -12.9% |
| Operating profit (loss) | 9901 | €95,550 | €31,477 | -€64,073 | -67.1% |
| Financial charges | 65/66B | €228 | €58,440 | +€58,212 | +25531.6% |
| Recurring financial charges | 65 | €228 | €58,440 | +€58,212 | +25531.6% |
| Profit (loss) for the period before taxes | 9903 | €95,322 | -€26,963 | -€122,285 | |
| Income taxes | 67/77 | €27,000 | €9,813 | -€17,187 | -63.7% |
| Profit (loss) for the period | 9904 | €68,322 | -€36,776 | -€105,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,322 | -€36,776 | -€105,098 |
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 2 October 2026 via checked.be.