ESPACE ET DECOR: 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 ET DECOR
Largest movements
- Receivables within one year +€22,181
up €22,181 (+32.7%), from €67,779 to €89,960
of which Other amounts receivable: +€28,291
- Tangible fixed assets +€15,263
up €15,263 (+5.0%), from €304,614 to €319,877
of which Furniture and vehicles: +€40,239
- Cash -€10,599
down €10,599 (-3.2%), from €331,192 to €320,593
mainly Contributions, distributions and other (-€45,700) and Investment in fixed assets (net) (-€42,422)
- Other debts +€49,603
up €49,603 (+1,088%), from €4,561 to €54,164
- Trade debts -€31,463
down €31,463 (-52.0%), from €60,502 to €29,039
- Gross operating margin +€34,222
up €34,222 (+12.5%), from €274,156 to €308,378
- Staff costs +€22,639
up €22,639 (+13.1%), from €173,412 to €196,051
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 | €710,255 | €738,592 | +€28,337 | +4.0% |
| Fixed assets | 21/28 | €304,614 | €319,877 | +€15,263 | +5.0% |
| Tangible fixed assets | 22/27 | €304,614 | €319,877 | +€15,263 | +5.0% |
| Land and buildings | 22 | €285,159 | €260,479 | -€24,680 | -8.7% |
| Plant, machinery and equipment | 23 | €684 | €4,275 | +€3,591 | +525% |
| Furniture and vehicles | 24 | €1,587 | €41,826 | +€40,239 | +2,536% |
| Other tangible fixed assets | 26 | €1,834 | €1,375 | -€459 | -25.0% |
| Assets under construction and advance payments | 27 | €15,350 | €11,922 | -€3,428 | -22.3% |
| Current assets | 29/58 | €405,641 | €418,715 | +€13,074 | +3.2% |
| Stocks and contracts in progress | 3 | €3,290 | €4,796 | +€1,506 | +45.8% |
| Stocks | 30/36 | €3,290 | €4,796 | +€1,506 | +45.8% |
| Amounts receivable within one year | 40/41 | €67,779 | €89,960 | +€22,181 | +32.7% |
| Trade receivables | 40 | €62,497 | €56,387 | -€6,110 | -9.8% |
| Other amounts receivable | 41 | €5,282 | €33,573 | +€28,291 | +536% |
| Cash at bank and in hand | 54/58 | €331,192 | €320,593 | -€10,599 | -3.2% |
| Deferred charges and accrued income | 490/1 | €3,380 | €3,366 | -€14 | -0.4% |
| Total equity and liabilities | 10/49 | €710,255 | €738,592 | +€28,337 | +4.0% |
| Equity | 10/15 | €485,891 | €493,843 | +€7,952 | +1.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €292,681 | €299,981 | +€7,300 | +2.5% |
| Distributable reserves | 133 | €292,681 | €299,981 | +€7,300 | +2.5% |
| Profit (loss) carried forward | 14 | €172,759 | €173,411 | +€652 | +0.4% |
| Amounts payable | 17/49 | €224,364 | €244,749 | +€20,385 | +9.1% |
| Amounts payable after more than one year | 17 | €111,887 | €112,634 | +€747 | +0.7% |
| Financial debts | 170/4 | €111,887 | €112,634 | +€747 | +0.7% |
| Amounts payable within one year | 42/48 | €112,477 | €132,115 | +€19,638 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €21,174 | €28,148 | +€6,974 | +32.9% |
| Trade debts | 44 | €60,502 | €29,039 | -€31,463 | -52.0% |
| Suppliers | 440/4 | €60,502 | €29,039 | -€31,463 | -52.0% |
| Taxes, remuneration and social security | 45 | €26,240 | €20,764 | -€5,476 | -20.9% |
| Taxes | 450/3 | €10,564 | €5,626 | -€4,938 | -46.7% |
| Remuneration and social security | 454/9 | €15,676 | €15,138 | -€538 | -3.4% |
| Other amounts payable | 47/48 | €4,561 | €54,164 | +€49,603 | +1,088% |
| Non-recurring operating income | 76A | €52 | €10 | -€42 | -80.8% |
| Remuneration, social security and pensions | 62 | €173,412 | €196,051 | +€22,639 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,108 | €27,159 | +€1,051 | +4.0% |
| Other operating charges | 640/8 | €6,577 | €5,956 | -€621 | -9.4% |
| Gross operating margin | 9900 | €274,156 | €308,378 | +€34,222 | +12.5% |
| Operating profit (loss) | 9901 | €68,059 | €79,212 | +€11,153 | +16.4% |
| Financial income | 75/76B | €390 | €1,046 | +€656 | +168% |
| Recurring financial income | 75 | €390 | €1,046 | +€656 | +168% |
| Financial charges | 65/66B | €4,747 | €4,915 | +€168 | +3.5% |
| Recurring financial charges | 65 | €4,747 | €4,915 | +€168 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €63,702 | €75,343 | +€11,641 | +18.3% |
| Income taxes | 67/77 | €18,912 | €21,691 | +€2,779 | +14.7% |
| Profit (loss) for the period | 9904 | €44,790 | €53,652 | +€8,862 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,790 | €53,652 | +€8,862 | +19.8% |
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 19 October 2026 via checked.be.