ESPACE CONSEIL: 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 CONSEIL
Largest movements
- Cash -€27,634
down €27,634 (-54.7%), from €50,562 to €22,928
mainly Investment in fixed assets (net) (-€31,923) and Receivables within one year (-€15,330)
- Tangible fixed assets +€20,575
up €20,575 (+95.5%), from €21,552 to €42,127
of which Furniture and vehicles: +€21,803
- Receivables within one year +€15,330
up €15,330 (+2,408%), from €637 to €15,967
of which Other amounts receivable: +€11,487
- Receivables after one year -€4,627
down €4,627 (-12.4%), from €37,200 to €32,573
- Reserves +€8,300
up €8,300 (+20.0%), from €41,500 to €49,800
- Trade debts -€6,138
down €6,138 (-54.6%), from €11,247 to €5,110
- Depreciation +€3,070
up €3,070 (+37.1%), from €8,278 to €11,348
- Gross operating margin +€2,798
up €2,798 (+12.0%), from €23,394 to €26,192
- Taxes -€586
down €586 (-8.5%), from €6,874 to €6,288
- Other operating charges -€271
down €271 (-55.3%), from €490 to €219
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,715 | €115,482 | +€2,767 | +2.5% |
| Fixed assets | 21/28 | €22,835 | €43,410 | +€20,575 | +90.1% |
| Tangible fixed assets | 22/27 | €21,552 | €42,127 | +€20,575 | +95.5% |
| Plant, machinery and equipment | 23 | €6,712 | €3,895 | -€2,816 | -42.0% |
| Furniture and vehicles | 24 | €14,099 | €35,902 | +€21,803 | +155% |
| Other tangible fixed assets | 26 | €741 | €2,330 | +€1,589 | +214% |
| Financial fixed assets | 28 | €1,283 | €1,283 | = | 0.0% |
| Current assets | 29/58 | €89,880 | €72,072 | -€17,808 | -19.8% |
| Amounts receivable after more than one year | 29 | €37,200 | €32,573 | -€4,627 | -12.4% |
| Other amounts receivable | 291 | €37,200 | €32,573 | -€4,627 | -12.4% |
| Amounts receivable within one year | 40/41 | €637 | €15,967 | +€15,330 | +2,408% |
| Trade receivables | 40 | €615 | €4,458 | +€3,843 | +625% |
| Other amounts receivable | 41 | €22 | €11,509 | +€11,487 | +53,429% |
| Cash at bank and in hand | 54/58 | €50,562 | €22,928 | -€27,634 | -54.7% |
| Deferred charges and accrued income | 490/1 | €1,481 | €604 | -€877 | -59.2% |
| Total equity and liabilities | 10/49 | €112,715 | €115,482 | +€2,767 | +2.5% |
| Equity | 10/15 | €78,185 | €86,515 | +€8,330 | +10.7% |
| Contributions | 10/11 | €29,995 | €29,995 | = | 0.0% |
| Reserves | 13 | €41,500 | €49,800 | +€8,300 | +20.0% |
| Distributable reserves | 133 | €41,500 | €49,800 | +€8,300 | +20.0% |
| Profit (loss) carried forward | 14 | €6,690 | €6,720 | +€30 | +0.4% |
| Amounts payable | 17/49 | €34,530 | €28,967 | -€5,563 | -16.1% |
| Amounts payable within one year | 42/48 | €34,530 | €28,967 | -€5,563 | -16.1% |
| Trade debts | 44 | €11,247 | €5,110 | -€6,138 | -54.6% |
| Suppliers | 440/4 | €11,247 | €5,110 | -€6,138 | -54.6% |
| Taxes, remuneration and social security | 45 | €8,212 | €8,857 | +€645 | +7.9% |
| Taxes | 450/3 | €8,212 | €8,857 | +€645 | +7.9% |
| Other amounts payable | 47/48 | €15,070 | €15,000 | -€70 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,278 | €11,348 | +€3,070 | +37.1% |
| Other operating charges | 640/8 | €490 | €219 | -€271 | -55.3% |
| Gross operating margin | 9900 | €23,394 | €26,192 | +€2,798 | +12.0% |
| Operating profit (loss) | 9901 | €14,626 | €14,625 | -€1 | 0.0% |
| Financial income | 75/76B | €123 | €117 | -€6 | -5.2% |
| Recurring financial income | 75 | €123 | €117 | -€6 | -5.2% |
| Financial charges | 65/66B | €214 | €124 | -€91 | -42.2% |
| Recurring financial charges | 65 | €214 | €124 | -€91 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €14,534 | €14,618 | +€84 | +0.6% |
| Income taxes | 67/77 | €6,874 | €6,288 | -€586 | -8.5% |
| Profit (loss) for the period | 9904 | €7,660 | €8,330 | +€670 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,660 | €8,330 | +€670 | +8.7% |
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 16 October 2026 via checked.be.