ESPACE GRIMPE: what changed
Two fiscal 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 GRIMPE
Largest movements
- Cash -€14,554
down €14,554 (-34.9%), from €41,729 to €27,175
mainly Net result for the year (-€20,929) and Debts after one year (-€9,425)
- Tangible fixed assets -€11,128
down €11,128 (-8.8%), from €125,975 to €114,847
of which Land and buildings: -€10,712
- Receivables within one year +€8,392
up €8,392 (+101.8%), from €8,242 to €16,634
- Profit (loss) carried forward -€20,929
down €20,929, from €18,252 to -€2,677
- Debts after one year -€9,425
down €9,425 (-12.6%), from €74,942 to €65,517
of which Financial debts: -€9,425
- Trade debts +€7,208
up €7,208 (+134.2%), from €5,372 to €12,580
- Tax, wage and social debts +€4,674
up €4,674 (+148.2%), from €3,154 to €7,828
of which Remuneration and social security: +€4,059
- Gross operating margin -€24,448
down €24,448 (-36.6%), from €66,864 to €42,416
- Turnover -€12,701
down €12,701 (-14.5%), from €87,711 to €75,010
- Purchases and services +€9,891
up €9,891 (+21.5%), from €45,947 to €55,838
- Staff costs +€7,961
up €7,961 (+45.0%), from €17,686 to €25,647
- Other operating charges +€6,225
up €6,225 (+144.0%), from €4,322 to €10,547
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.
Cash bridge derived
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 | €185,202 | €166,620 | -€18,582 | -10.0% |
| Fixed assets | 21/28 | €126,044 | €114,916 | -€11,128 | -8.8% |
| Tangible fixed assets | 22/27 | €125,975 | €114,847 | -€11,128 | -8.8% |
| Land and buildings | 22 | €112,669 | €101,957 | -€10,712 | -9.5% |
| Plant, machinery and equipment | 23 | €12,237 | €12,358 | +€121 | +1.0% |
| Furniture and vehicles | 24 | €482 | €165 | -€317 | -65.8% |
| Leasing and similar rights | 25 | €587 | €367 | -€220 | -37.5% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €59,158 | €51,704 | -€7,454 | -12.6% |
| Stocks and contracts in progress | 3 | €7,649 | €6,190 | -€1,459 | -19.1% |
| Stocks | 30/36 | €7,649 | €6,190 | -€1,459 | -19.1% |
| Amounts receivable within one year | 40/41 | €8,242 | €16,634 | +€8,392 | +101.8% |
| Trade receivables | 40 | €8,242 | €16,634 | +€8,392 | +101.8% |
| Cash at bank and in hand | 54/58 | €41,729 | €27,175 | -€14,554 | -34.9% |
| Deferred charges and accrued income | 490/1 | €1,538 | €1,705 | +€167 | +10.9% |
| Total equity and liabilities | 10/49 | €185,202 | €166,620 | -€18,582 | -10.0% |
| Equity | 10/15 | €90,723 | €69,794 | -€20,929 | -23.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €4,301 | €4,301 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,252 | -€2,677 | -€20,929 | |
| Amounts payable | 17/49 | €94,479 | €96,826 | +€2,347 | +2.5% |
| Amounts payable after more than one year | 17 | €74,942 | €65,517 | -€9,425 | -12.6% |
| Financial debts | 170/4 | €74,287 | €64,862 | -€9,425 | -12.7% |
| Other amounts payable | 178/9 | €655 | €655 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,076 | €31,309 | +€12,233 | +64.1% |
| Current portion of amounts payable after more than one year | 42 | €9,107 | €9,425 | +€318 | +3.5% |
| Trade debts | 44 | €5,372 | €12,580 | +€7,208 | +134.2% |
| Suppliers | 440/4 | €5,372 | €12,580 | +€7,208 | +134.2% |
| Taxes, remuneration and social security | 45 | €3,154 | €7,828 | +€4,674 | +148.2% |
| Taxes | 450/3 | €2,906 | €3,521 | +€615 | +21.2% |
| Remuneration and social security | 454/9 | €248 | €4,307 | +€4,059 | +1636.7% |
| Other amounts payable | 47/48 | €1,443 | €1,476 | +€33 | +2.3% |
| Accrued charges and deferred income | 492/3 | €461 | - | -€461 | |
| Turnover | 70 | €87,711 | €75,010 | -€12,701 | -14.5% |
| Non-recurring operating income | 76A | €25,100 | €23,244 | -€1,856 | -7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,947 | €55,838 | +€9,891 | +21.5% |
| Remuneration, social security and pensions | 62 | €17,686 | €25,647 | +€7,961 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,913 | €17,477 | -€436 | -2.4% |
| Other operating charges | 640/8 | €4,322 | €10,547 | +€6,225 | +144.0% |
| Gross operating margin | 9900 | €66,864 | €42,416 | -€24,448 | -36.6% |
| Operating profit (loss) | 9901 | €26,943 | -€11,255 | -€38,198 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €4,213 | €4,569 | +€356 | +8.5% |
| Recurring financial charges | 65 | €4,213 | €4,569 | +€356 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €22,732 | -€15,824 | -€38,556 | |
| Income taxes | 67/77 | €82 | €5,105 | +€5,023 | +6125.6% |
| Profit (loss) for the period | 9904 | €22,650 | -€20,929 | -€43,579 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,650 | -€20,929 | -€43,579 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.