Espace formation pme: what changed
What changed
Espace formation pme
NACE 85.592, Vocational training
filed annual accounts (NBB)
Net result for the year
€50,871
2024 · -€16,710+€67,582
Equity
€2.7m
2024 · €2.8m-€58,598
Cash
€191,525
2024 · €675,474-€483,950
Balance sheet total
€9.2m
2024 · €8.3m+€953,760
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+128%), from €1.4m to €3.3m
of which Other amounts receivable: +€1.7m
- Tangible fixed assets -€539,236
down €539,236 (-9.1%), from €5.9m to €5.4m
- Cash -€483,950
down €483,950 (-71.6%), from €675,474 to €191,525
mainly Receivables within one year (-€1.8m) and Investment in fixed assets (net) (-€655,590)
- Deferred charges and accrued income +€156,433
up €156,433 (+78.2%), from €200,157 to €356,590
Equity and liabilities
- Debts within one year +€1.4m
up €1.4m (+41.6%), from €3.4m to €4.8m
of which Short-term financial debts: +€864,385
- Provisions -€232,090
down €232,090 (-62.3%), from €372,251 to €140,161
- Debts after one year -€212,977
down €212,977 (-19.7%), from €1.1m to €870,196
- Investment grants -€109,469
down €109,469 (-5.9%), from €1.9m to €1.7m
Income statement
- Staff costs +€571,427
up €571,427 (+6.2%), from €9.2m to €9.8m
- Services and other goods +€499,786
up €499,786 (+8.4%), from €5.9m to €6.4m
- Financial charges -€94,564
down €94,564 (-69.8%), from €135,571 to €41,007
- Turnover +€93,543
up €93,543 (+3.2%), from €2.9m to €3.0m
- Other operating income +€34,228
up €34,228 (+15.3%), from €224,029 to €258,258
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
-€16,710
Turnover
+€93,543
Other operating income
+€34,228
Goods and materials
+€21,936
Services and other goods
-€499,786
Staff costs
-€571,427
Depreciation
+€15,428
Write-downs
-€33,033
Other operating charges
-€21,509
Other operating items
+€937,085
Financial income
-€166
Financial charges
+€94,564
Taxes
-€3,281
Result 2025
€50,871
raises the resultlowers the resultnot broken down further in the accounts
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
+€494,086
Investment
-€655,590
Financing
-€322,445
Cash 2024
€675,474
From operations (derived)
+€494,086
Net result for the year
+€50,871
Depreciation
+€1.2m
Stocks and contracts
+€8,888
Receivables within one year
-€1.8m
Deferred charges and accrued income
-€156,433
Provisions
-€232,090
Debts within one year
+€1.4m
Accrued charges and deferred income
+€56,701
Investment (derived)
-€655,590
Investment in fixed assets (net)
-€655,590
Financing
-€322,445
Debts after one year
-€212,977
Contributions, distributions and other
-€109,469
Cash 2025
€191,525
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,263,143 | €9,216,902 | +€953,760 | +11.5% |
| Fixed assets | 21/28 | €5,913,476 | €5,374,239 | -€539,236 | -9.1% |
| Tangible fixed assets | 22/27 | €5,913,228 | €5,373,992 | -€539,236 | -9.1% |
| Land and buildings | 22 | €4,090,110 | €3,890,177 | -€199,933 | -4.9% |
| Plant, machinery and equipment | 23 | €613,616 | €453,625 | -€159,991 | -26.1% |
| Furniture and vehicles | 24 | €1,200,456 | €1,022,983 | -€177,473 | -14.8% |
| Assets under construction and advance payments | 27 | €9,045 | €7,206 | -€1,839 | -20.3% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Other financial fixed assets | 284/8 | €248 | €248 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €2,349,667 | €3,842,663 | +€1.5m | +63.5% |
| Stocks and contracts in progress | 3 | €40,654 | €31,767 | -€8,888 | -21.9% |
| Stocks | 30/36 | €40,654 | €31,767 | -€8,888 | -21.9% |
| Goods purchased for resale | 34 | €40,654 | €31,767 | -€8,888 | -21.9% |
| Amounts receivable within one year | 40/41 | €1,433,382 | €3,262,782 | +€1.8m | +128% |
| Trade receivables | 40 | €174,903 | €307,211 | +€132,309 | +75.6% |
| Other amounts receivable | 41 | €1,258,479 | €2,955,571 | +€1.7m | +135% |
| Cash at bank and in hand | 54/58 | €675,474 | €191,525 | -€483,950 | -71.6% |
| Deferred charges and accrued income | 490/1 | €200,157 | €356,590 | +€156,433 | +78.2% |
| Total equity and liabilities | 10/49 | €8,263,143 | €9,216,902 | +€953,760 | +11.5% |
| Equity | 10/15 | €2,779,585 | €2,720,987 | -€58,598 | -2.1% |
| Contributions | 10/11 | €22,669 | €22,669 | = | 0.0% |
| Capital | 10 | €22,669 | €22,669 | = | 0.0% |
| Revaluation surpluses | 12 | €379,534 | €379,534 | = | 0.0% |
| Reserves | 13 | €369,557 | €394,993 | +€25,436 | +6.9% |
| Profit (loss) carried forward | 14 | €150,549 | €175,984 | +€25,436 | +16.9% |
| Investment grants | 15 | €1,857,276 | €1,747,808 | -€109,469 | -5.9% |
| Provisions and deferred taxes | 16 | €372,251 | €140,161 | -€232,090 | -62.3% |
| Provisions for liabilities and charges | 160/5 | €372,251 | €140,161 | -€232,090 | -62.3% |
| Other liabilities and charges | 164/5 | €372,251 | €140,161 | -€232,090 | -62.3% |
| Amounts payable | 17/49 | €5,111,306 | €6,355,754 | +€1.2m | +24.3% |
| Amounts payable after more than one year | 17 | €1,083,172 | €870,196 | -€212,977 | -19.7% |
| Financial debts | 170/4 | €1,083,172 | €870,196 | -€212,977 | -19.7% |
| Credit institutions | 173 | €1,083,172 | €870,196 | -€212,977 | -19.7% |
| Amounts payable within one year | 42/48 | €3,369,302 | €4,770,026 | +€1.4m | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €219,048 | €220,755 | +€1,707 | +0.8% |
| Financial debts | 43 | €625,451 | €1,489,835 | +€864,385 | +138% |
| Credit institutions | 430/8 | €625,451 | €1,489,835 | +€864,385 | +138% |
| Trade debts | 44 | €1,126,707 | €1,008,504 | -€118,203 | -10.5% |
| Suppliers | 440/4 | €1,126,707 | €1,008,504 | -€118,203 | -10.5% |
| Taxes, remuneration and social security | 45 | €1,389,350 | €2,042,184 | +€652,834 | +47.0% |
| Taxes | 450/3 | €229,334 | €423,811 | +€194,477 | +84.8% |
| Remuneration and social security | 454/9 | €1,160,015 | €1,618,373 | +€458,358 | +39.5% |
| Accrued charges and deferred income | 492/3 | €658,832 | €715,532 | +€56,701 | +8.6% |
| Operating income | 70/76A | €17,439,838 | €18,451,636 | +€1.0m | +5.8% |
| Turnover | 70 | €2,946,985 | €3,040,528 | +€93,543 | +3.2% |
| Membership fees, donations, legacies and grants | 73 | €14,268,360 | €15,080,771 | +€812,411 | +5.7% |
| Other operating income | 74 | €224,029 | €258,258 | +€34,228 | +15.3% |
| Non-recurring operating income | 76A | €463 | €72,079 | +€71,616 | +15,454% |
| Operating charges | 60/66A | €17,322,046 | €18,357,380 | +€1.0m | +6.0% |
| Goods for resale, raw materials and consumables | 60 | €874,565 | €852,629 | -€21,936 | -2.5% |
| Purchases | 600/8 | €900,715 | €843,741 | -€56,973 | -6.3% |
| Change in stocks: decrease (increase) | 609 | -€26,150 | €8,888 | +€35,037 | |
| Services and other goods | 61 | €5,936,911 | €6,436,697 | +€499,786 | +8.4% |
| Remuneration, social security and pensions | 62 | €9,183,022 | €9,754,449 | +€571,427 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,210,254 | €1,194,826 | -€15,428 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €820 | €33,853 | +€33,033 | +4,030% |
| Other operating charges | 640/8 | €1,507 | €23,016 | +€21,509 | +1,428% |
| Non-recurring operating charges | 66A | €57,915 | €329,686 | +€271,770 | +469% |
| Operating profit (loss) | 9901 | €117,791 | €94,256 | -€23,535 | -20.0% |
| Financial income | 75/76B | €1,069 | €903 | -€166 | -15.6% |
| Recurring financial income | 75 | €46 | €3 | -€43 | -94.1% |
| Other financial income | 752/9 | €46 | €3 | -€43 | -94.1% |
| Non-recurring financial income | 76B | €1,023 | €900 | -€123 | -12.1% |
| Financial charges | 65/66B | €135,571 | €41,007 | -€94,564 | -69.8% |
| Recurring financial charges | 65 | €135,571 | €41,007 | -€94,564 | -69.8% |
| Debt charges | 650 | €63,589 | €61,722 | -€1,867 | -2.9% |
| Other financial charges | 652/9 | €71,982 | -€20,715 | -€92,697 | |
| Profit (loss) for the period before taxes | 9903 | -€16,710 | €54,152 | +€70,862 | |
| Income taxes | 67/77 | - | €3,281 | +€3,281 | |
| Taxes | 670/3 | - | €3,281 | +€3,281 | |
| Profit (loss) for the period | 9904 | -€16,710 | €50,871 | +€67,582 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,710 | €50,871 | +€67,582 |
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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 6 November 2026 via checked.be.