ESPACE DECORATION: 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 DECORATION
Largest movements
- Cash +€26,463
up €26,463 (+24.8%), from €106,746 to €133,209
mainly Net result for the year (+€20,958) and Depreciation (+€18,433)
- Tangible fixed assets -€15,161
down €15,161 (-22.5%), from €67,454 to €52,293
of which Furniture and vehicles: -€11,430
- Deferred charges and accrued income -€2,053
down €2,053 (-92.5%), from €2,220 to €167
- Reserves +€20,900
up €20,900 (+159%), from €13,181 to €34,081
of which Distributable reserves: +€20,900
- Accrued charges and deferred income -€15,274
no longer reported in 2025 (was €15,274)
- Tax, wage and social debts +€14,411
up €14,411 (+98.2%), from €14,673 to €29,084
of which Taxes: +€13,672
- Other debts -€9,834
down €9,834 (-22.5%), from €43,801 to €33,967
- Trade debts +€7,530
up €7,530 (+84.3%), from €8,936 to €16,467
- Staff costs +€10,269
up €10,269 (+11.5%), from €89,432 to €99,701
- Other operating charges -€7,859
down €7,859 (-86.7%), from €9,059 to €1,201
- Write-downs +€7,222
up €7,222 (+94.2%), from -€7,667 to -€445
- Gross operating margin +€6,287
up €6,287 (+4.4%), from €142,991 to €149,277
- Depreciation -€3,973
down €3,973 (-17.7%), from €22,406 to €18,433
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 | €190,166 | €200,547 | +€10,380 | +5.5% |
| Fixed assets | 21/28 | €67,654 | €52,493 | -€15,161 | -22.4% |
| Tangible fixed assets | 22/27 | €67,454 | €52,293 | -€15,161 | -22.5% |
| Land and buildings | 22 | - | €683 | +€683 | |
| Plant, machinery and equipment | 23 | €29,801 | €25,388 | -€4,413 | -14.8% |
| Furniture and vehicles | 24 | €37,653 | €26,222 | -€11,430 | -30.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €122,513 | €148,054 | +€25,541 | +20.8% |
| Stocks and contracts in progress | 3 | €2,265 | €3,530 | +€1,265 | +55.8% |
| Stocks | 30/36 | €2,265 | €3,530 | +€1,265 | +55.8% |
| Amounts receivable within one year | 40/41 | €11,282 | €11,148 | -€134 | -1.2% |
| Trade receivables | 40 | €7,093 | €8,570 | +€1,477 | +20.8% |
| Other amounts receivable | 41 | €4,189 | €2,578 | -€1,611 | -38.5% |
| Cash at bank and in hand | 54/58 | €106,746 | €133,209 | +€26,463 | +24.8% |
| Deferred charges and accrued income | 490/1 | €2,220 | €167 | -€2,053 | -92.5% |
| Total equity and liabilities | 10/49 | €190,166 | €200,547 | +€10,380 | +5.5% |
| Equity | 10/15 | €81,443 | €102,402 | +€20,958 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,181 | €34,081 | +€20,900 | +159% |
| Tax-exempt reserves | 132 | €13,181 | €13,181 | = | 0.0% |
| Distributable reserves | 133 | - | €20,900 | +€20,900 | |
| Profit (loss) carried forward | 14 | €49,662 | €49,721 | +€58 | +0.1% |
| Amounts payable | 17/49 | €108,723 | €98,145 | -€10,578 | -9.7% |
| Amounts payable after more than one year | 17 | €18,627 | €12,087 | -€6,539 | -35.1% |
| Financial debts | 170/4 | €18,627 | €12,087 | -€6,539 | -35.1% |
| Amounts payable within one year | 42/48 | €74,822 | €86,057 | +€11,235 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €7,412 | €6,539 | -€872 | -11.8% |
| Trade debts | 44 | €8,936 | €16,467 | +€7,530 | +84.3% |
| Suppliers | 440/4 | €8,936 | €16,467 | +€7,530 | +84.3% |
| Taxes, remuneration and social security | 45 | €14,673 | €29,084 | +€14,411 | +98.2% |
| Taxes | 450/3 | €8,531 | €22,203 | +€13,672 | +160% |
| Remuneration and social security | 454/9 | €6,142 | €6,881 | +€739 | +12.0% |
| Other amounts payable | 47/48 | €43,801 | €33,967 | -€9,834 | -22.5% |
| Accrued charges and deferred income | 492/3 | €15,274 | - | -€15,274 | |
| Remuneration, social security and pensions | 62 | €89,432 | €99,701 | +€10,269 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,406 | €18,433 | -€3,973 | -17.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,667 | -€445 | +€7,222 | +94.2% |
| Other operating charges | 640/8 | €9,059 | €1,201 | -€7,859 | -86.7% |
| Gross operating margin | 9900 | €142,991 | €149,277 | +€6,287 | +4.4% |
| Operating profit (loss) | 9901 | €29,761 | €30,388 | +€627 | +2.1% |
| Financial income | 75/76B | €46 | €428 | +€383 | +839% |
| Recurring financial income | 75 | €46 | €428 | +€383 | +839% |
| Financial charges | 65/66B | €1,099 | €1,086 | -€14 | -1.2% |
| Recurring financial charges | 65 | €1,099 | €1,086 | -€14 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €28,707 | €29,730 | +€1,023 | +3.6% |
| Income taxes | 67/77 | €6,155 | €8,772 | +€2,617 | +42.5% |
| Profit (loss) for the period | 9904 | €22,552 | €20,958 | -€1,593 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,552 | €20,958 | -€1,593 | -7.1% |
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 25 October 2026 via checked.be.