ESPACE FLAMMES: what changed
What changed
ESPACE FLAMMES
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
filed annual accounts (NBB)
Net result for the year
-€32,668
2024 · -€133,238+€100,570
Equity
€896,791
2024 · €929,459-€32,668
Cash
€137,566
2024 · €78,983+€58,583
Balance sheet total
€1.7m
2024 · €1.7m+€40,776
Largest movements
Assets
- Cash +€58,583
up €58,583 (+74.2%), from €78,983 to €137,566
mainly Depreciation (+€105,275) and Trade debts (+€61,908)
- Receivables within one year +€50,323
up €50,323 (+10.7%), from €469,383 to €519,706
of which Trade receivables: +€56,855
- Stocks and contracts -€44,163
down €44,163 (-6.3%), from €699,971 to €655,808
- Tangible fixed assets -€20,278
down €20,278 (-4.9%), from €414,511 to €394,233
of which Other tangible fixed assets: -€27,635
Equity and liabilities
- Trade debts +€61,908
up €61,908 (+186%), from €33,324 to €95,232
- Reserves -€31,000
down €31,000 (-3.4%), from €898,965 to €867,965
of which Distributable reserves: -€31,000
Income statement
- Gross operating margin +€63,038
up €63,038 (+9.4%), from €669,819 to €732,857
- Staff costs -€24,849
down €24,849 (-3.7%), from €667,389 to €642,539
- Financial charges -€7,506
down €7,506 (-42.5%), from €17,650 to €10,144
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€133,238
Gross operating margin
+€63,038
Staff costs
+€24,849
Depreciation
+€3,678
Other operating charges
+€3,196
Financial income
-€1,678
Financial charges
+€7,506
Taxes
-€20
Result 2025
-€32,668
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€125,394
Investment
-€84,997
Financing
+€18,186
Cash 2024
€78,983
From operations (derived)
+€125,394
Net result for the year
-€32,668
Depreciation
+€105,275
Stocks and contracts
+€44,163
Receivables within one year
-€50,323
Deferred charges and accrued income
+€3,688
Trade debts
+€61,908
Tax, wage and social debts
-€11,803
Advances received
+€5,061
Other debts
+€2,668
Accrued charges and deferred income
-€2,575
Investment (derived)
-€84,997
Investment in fixed assets (net)
-€84,997
Financing
+€18,186
Debts after one year
+€2,013
Current portion of long-term debt
+€16,173
Cash 2025
€137,566
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,672,349 | €1,713,126 | +€40,776 | +2.4% |
| Fixed assets | 21/28 | €415,367 | €395,089 | -€20,278 | -4.9% |
| Tangible fixed assets | 22/27 | €414,511 | €394,233 | -€20,278 | -4.9% |
| Land and buildings | 22 | €168,224 | €162,449 | -€5,775 | -3.4% |
| Plant, machinery and equipment | 23 | €60,226 | €43,841 | -€16,386 | -27.2% |
| Furniture and vehicles | 24 | €127,377 | €156,895 | +€29,518 | +23.2% |
| Other tangible fixed assets | 26 | €58,684 | €31,048 | -€27,635 | -47.1% |
| Financial fixed assets | 28 | €856 | €856 | = | 0.0% |
| Current assets | 29/58 | €1,256,983 | €1,318,037 | +€61,054 | +4.9% |
| Stocks and contracts in progress | 3 | €699,971 | €655,808 | -€44,163 | -6.3% |
| Stocks | 30/36 | €699,971 | €655,808 | -€44,163 | -6.3% |
| Amounts receivable within one year | 40/41 | €469,383 | €519,706 | +€50,323 | +10.7% |
| Trade receivables | 40 | €138,790 | €195,645 | +€56,855 | +41.0% |
| Other amounts receivable | 41 | €330,594 | €324,062 | -€6,532 | -2.0% |
| Cash at bank and in hand | 54/58 | €78,983 | €137,566 | +€58,583 | +74.2% |
| Deferred charges and accrued income | 490/1 | €8,645 | €4,957 | -€3,688 | -42.7% |
| Total equity and liabilities | 10/49 | €1,672,349 | €1,713,126 | +€40,776 | +2.4% |
| Equity | 10/15 | €929,459 | €896,791 | -€32,668 | -3.5% |
| Contributions | 10/11 | €27,800 | €27,800 | = | 0.0% |
| Reserves | 13 | €898,965 | €867,965 | -€31,000 | -3.4% |
| Tax-exempt reserves | 132 | €73,965 | €73,965 | = | 0.0% |
| Distributable reserves | 133 | €825,000 | €794,000 | -€31,000 | -3.8% |
| Profit (loss) carried forward | 14 | €2,694 | €1,025 | -€1,668 | -61.9% |
| Amounts payable | 17/49 | €742,891 | €816,335 | +€73,445 | +9.9% |
| Amounts payable after more than one year | 17 | €456,666 | €458,678 | +€2,013 | +0.4% |
| Financial debts | 170/4 | €96,666 | €98,678 | +€2,013 | +2.1% |
| Other amounts payable | 178/9 | €360,000 | €360,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €283,329 | €357,337 | +€74,007 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €45,445 | €61,618 | +€16,173 | +35.6% |
| Trade debts | 44 | €33,324 | €95,232 | +€61,908 | +186% |
| Suppliers | 440/4 | €33,324 | €95,232 | +€61,908 | +186% |
| Advances received on contracts in progress | 46 | €1,411 | €6,472 | +€5,061 | +359% |
| Taxes, remuneration and social security | 45 | €109,604 | €97,801 | -€11,803 | -10.8% |
| Taxes | 450/3 | €14,380 | €3,985 | -€10,395 | -72.3% |
| Remuneration and social security | 454/9 | €95,223 | €93,816 | -€1,407 | -1.5% |
| Other amounts payable | 47/48 | €93,546 | €96,214 | +€2,668 | +2.9% |
| Accrued charges and deferred income | 492/3 | €2,895 | €320 | -€2,575 | -88.9% |
| Remuneration, social security and pensions | 62 | €667,389 | €642,539 | -€24,849 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,953 | €105,275 | -€3,678 | -3.4% |
| Other operating charges | 640/8 | €11,650 | €8,454 | -€3,196 | -27.4% |
| Gross operating margin | 9900 | €669,819 | €732,857 | +€63,038 | +9.4% |
| Operating profit (loss) | 9901 | -€118,172 | -€23,411 | +€94,762 | +80.2% |
| Financial income | 75/76B | €2,564 | €887 | -€1,678 | -65.4% |
| Recurring financial income | 75 | €2,564 | €887 | -€1,678 | -65.4% |
| Financial charges | 65/66B | €17,650 | €10,144 | -€7,506 | -42.5% |
| Recurring financial charges | 65 | €17,650 | €10,144 | -€7,506 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | -€133,258 | -€32,668 | +€100,589 | +75.5% |
| Income taxes | 67/77 | -€20 | - | +€20 | |
| Profit (loss) for the period | 9904 | -€133,238 | -€32,668 | +€100,570 | +75.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,238 | -€32,668 | +€100,570 | +75.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.