ESPACE GUILLEMINS: 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 GUILLEMINS
Largest movements
- Receivables within one year -€1.0m
down €1.0m (-24.4%), from €4.1m to €3.1m
of which Other amounts receivable: -€1.2m
- Tangible fixed assets -€621,437
down €621,437 (-6.5%), from €9.6m to €9.0m
of which Land and buildings: -€460,004
- Debts after one year -€1.2m
down €1.2m (-13.4%), from €9.3m to €8.0m
- Profit (loss) carried forward -€277,404
down €277,404 (-14.1%), from €2.0m to €1.7m
- Gross operating margin -€1.3m
down €1.3m (-53.4%), from €2.4m to €1.1m
- Financial charges -€418,882
down €418,882 (-44.8%), from €935,208 to €516,326
- Depreciation -€359,351
down €359,351 (-33.1%), from €1.1m to €725,205
- Financial income -€170,621
down €170,621 (-48.6%), from €350,952 to €180,331
- Other operating charges -€154,406
down €154,406 (-31.2%), from €494,914 to €340,508
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 | €13,845,166 | €12,232,799 | -€1.6m | -11.6% |
| Fixed assets | 21/28 | €9,598,703 | €8,977,266 | -€621,437 | -6.5% |
| Tangible fixed assets | 22/27 | €9,598,703 | €8,977,266 | -€621,437 | -6.5% |
| Land and buildings | 22 | €8,065,606 | €7,605,602 | -€460,004 | -5.7% |
| Plant, machinery and equipment | 23 | €1,531,826 | €1,363,764 | -€168,062 | -11.0% |
| Assets under construction and advance payments | 27 | €1,271 | €7,900 | +€6,629 | +522% |
| Current assets | 29/58 | €4,246,463 | €3,255,533 | -€990,930 | -23.3% |
| Amounts receivable within one year | 40/41 | €4,133,552 | €3,125,483 | -€1.0m | -24.4% |
| Trade receivables | 40 | €44,804 | €224,330 | +€179,526 | +401% |
| Other amounts receivable | 41 | €4,088,748 | €2,901,153 | -€1.2m | -29.0% |
| Cash at bank and in hand | 54/58 | €48,231 | €29,260 | -€18,971 | -39.3% |
| Deferred charges and accrued income | 490/1 | €64,680 | €100,790 | +€36,110 | +55.8% |
| Total equity and liabilities | 10/49 | €13,845,166 | €12,232,799 | -€1.6m | -11.6% |
| Equity | 10/15 | €2,965,532 | €2,688,128 | -€277,404 | -9.4% |
| Contributions | 10/11 | €901,000 | €901,000 | = | 0.0% |
| Capital | 10 | €901,000 | €901,000 | = | 0.0% |
| Issued capital | 100 | €901,000 | €901,000 | = | 0.0% |
| Reserves | 13 | €93,944 | €93,944 | = | 0.0% |
| Non-distributable reserves | 130/1 | €93,944 | €93,944 | = | 0.0% |
| Legal reserve | 130 | €93,944 | €93,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,970,588 | €1,693,184 | -€277,404 | -14.1% |
| Amounts payable | 17/49 | €10,879,634 | €9,544,671 | -€1.3m | -12.3% |
| Amounts payable after more than one year | 17 | €9,282,215 | €8,035,548 | -€1.2m | -13.4% |
| Financial debts | 170/4 | €9,282,215 | €8,035,548 | -€1.2m | -13.4% |
| Amounts payable within one year | 42/48 | €1,319,777 | €1,265,267 | -€54,510 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €1,209,712 | €1,246,667 | +€36,955 | +3.1% |
| Trade debts | 44 | €80,344 | €3,993 | -€76,351 | -95.0% |
| Suppliers | 440/4 | €80,344 | €3,993 | -€76,351 | -95.0% |
| Advances received on contracts in progress | 46 | €13,617 | €9,718 | -€3,899 | -28.6% |
| Taxes, remuneration and social security | 45 | €16,104 | €4,889 | -€11,215 | -69.6% |
| Taxes | 450/3 | €16,104 | €4,889 | -€11,215 | -69.6% |
| Accrued charges and deferred income | 492/3 | €277,642 | €243,856 | -€33,786 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,084,556 | €725,205 | -€359,351 | -33.1% |
| Other operating charges | 640/8 | €494,914 | €340,508 | -€154,406 | -31.2% |
| Gross operating margin | 9900 | €2,411,387 | €1,124,304 | -€1.3m | -53.4% |
| Operating profit (loss) | 9901 | €831,917 | €58,591 | -€773,326 | -93.0% |
| Financial income | 75/76B | €350,952 | €180,331 | -€170,621 | -48.6% |
| Recurring financial income | 75 | €350,952 | €180,331 | -€170,621 | -48.6% |
| Financial charges | 65/66B | €935,208 | €516,326 | -€418,882 | -44.8% |
| Recurring financial charges | 65 | €935,208 | €516,326 | -€418,882 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €247,661 | -€277,404 | -€525,065 | |
| Income taxes | 67/77 | €62,001 | - | -€62,001 | |
| Profit (loss) for the period | 9904 | €185,660 | -€277,404 | -€463,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €185,660 | -€277,404 | -€463,064 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.