ESPACE FORMATION EMPLOI: 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.
What changed
ESPACE FORMATION EMPLOI
NACE 85.592, Vocational training
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€0
2024 · €0
Equity
€118,920
2024 · €137,119-€18,200
Cash
€1.3m
2024 · €934,222+€347,728
Balance sheet total
€1.6m
2024 · €1.2m+€400,270
Largest movements
Assets
- Cash +€347,728
up €347,728 (+37.2%), from €934,222 to €1.3m
mainly Debts within one year (+€418,469) and Depreciation (+€41,760)
- Receivables within one year +€60,799
up €60,799 (+29.6%), from €205,068 to €265,867
Equity and liabilities
- Debts within one year +€418,469
up €418,469 (+38.2%), from €1.1m to €1.5m
- Investment grants -€18,000
down €18,000 (-23.9%), from €75,462 to €57,462
Income statement
- Other operating charges +€238,015
up €238,015 (+43.5%), from €547,374 to €785,390
- Staff costs +€74,920
up €74,920 (+6.3%), from €1.2m to €1.3m
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.
Result 2024
€0
Staff costs
-€74,920
Depreciation
+€8,216
Other operating charges
-€238,015
Other operating items
+€311,587
Financial income
-€6,876
Financial charges
+€9
Result 2025
€0
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€386,999
Investment
-€21,071
Financing
-€18,200
Cash 2024
€934,222
From operations (derived)
+€386,999
Depreciation
+€41,760
Receivables within one year
-€60,799
Deferred charges and accrued income
-€12,431
Debts within one year
+€418,469
Investment (derived)
-€21,071
Investment in fixed assets (net)
-€21,071
Financing
-€18,200
Contributions, distributions and other
-€18,200
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,231,229 | €1,631,499 | +€400,270 | +32.5% |
| Fixed assets | 21/28 | €80,372 | €59,684 | -€20,688 | -25.7% |
| Intangible fixed assets | 21 | €7,215 | €0 | -€7,215 | -100% |
| Tangible fixed assets | 22/27 | €71,365 | €57,891 | -€13,474 | -18.9% |
| Land and buildings | 22 | €3,899 | €6,846 | +€2,947 | +75.6% |
| Furniture and vehicles | 24 | €67,466 | €51,045 | -€16,420 | -24.3% |
| Financial fixed assets | 28 | €1,792 | €1,792 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,792 | €1,792 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,792 | €1,792 | = | 0.0% |
| Current assets | 29/58 | €1,150,857 | €1,571,815 | +€420,958 | +36.6% |
| Amounts receivable within one year | 40/41 | €205,068 | €265,867 | +€60,799 | +29.6% |
| Other amounts receivable | 41 | €205,068 | €265,867 | +€60,799 | +29.6% |
| Cash at bank and in hand | 54/58 | €934,222 | €1,281,949 | +€347,728 | +37.2% |
| Deferred charges and accrued income | 490/1 | €11,568 | €23,999 | +€12,431 | +107% |
| Total equity and liabilities | 10/49 | €1,231,229 | €1,631,499 | +€400,270 | +32.5% |
| Equity | 10/15 | €137,119 | €118,920 | -€18,200 | -13.3% |
| Profit (loss) carried forward | 14 | €61,657 | €61,457 | -€200 | -0.3% |
| Investment grants | 15 | €75,462 | €57,462 | -€18,000 | -23.9% |
| Amounts payable | 17/49 | €1,094,110 | €1,512,579 | +€418,469 | +38.2% |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €1,094,110 | €1,512,579 | +€418,469 | +38.2% |
| Trade debts | 44 | €15,490 | €6,827 | -€8,664 | -55.9% |
| Suppliers | 440/4 | €15,490 | €6,827 | -€8,664 | -55.9% |
| Taxes, remuneration and social security | 45 | €137,030 | €141,633 | +€4,603 | +3.4% |
| Taxes | 450/3 | €5,333 | €4,141 | -€1,191 | -22.3% |
| Remuneration and social security | 454/9 | €131,698 | €137,492 | +€5,794 | +4.4% |
| Operating income | 70/76A | €1,991,405 | €2,316,902 | +€325,498 | +16.3% |
| Membership fees, donations, legacies and grants | 73 | €1,991,405 | €2,316,902 | +€325,498 | +16.3% |
| Operating charges | 60/66A | €2,031,888 | €2,350,519 | +€318,630 | +15.7% |
| Services and other goods | 61 | €242,852 | €256,763 | +€13,911 | +5.7% |
| Remuneration, social security and pensions | 62 | €1,191,686 | €1,266,606 | +€74,920 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,976 | €41,760 | -€8,216 | -16.4% |
| Other operating charges | 640/8 | €547,374 | €785,390 | +€238,015 | +43.5% |
| Operating profit (loss) | 9901 | -€40,484 | -€33,616 | +€6,867 | +17.0% |
| Financial income | 75/76B | €43,136 | €36,260 | -€6,876 | -15.9% |
| Recurring financial income | 75 | €43,136 | €36,260 | -€6,876 | -15.9% |
| Other financial income | 752/9 | €43,136 | €36,260 | -€6,876 | -15.9% |
| Financial charges | 65/66B | €2,652 | €2,643 | -€9 | -0.3% |
| Recurring financial charges | 65 | €2,652 | €2,643 | -€9 | -0.3% |
| Other financial charges | 652/9 | €2,652 | €2,643 | -€9 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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.