ESPACE M.D.: 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 M.D.
Largest movements
- Tangible fixed assets +€5,059
up €5,059 (+2.3%), from €221,617 to €226,675
of which Furniture and vehicles: +€15,323
- Receivables within one year -€3,228
down €3,228 (-46.5%), from €6,944 to €3,716
of which Trade receivables: -€4,452
- Profit (loss) carried forward -€20,969
down €20,969 (-23.1%), from €90,759 to €69,789
- Other debts +€20,530
up €20,530 (+18.0%), from €113,883 to €134,413
- Debts after one year +€4,693
new in 2023: €4,693
- Gross operating margin -€14,576
down €14,576, from €8,847 to -€5,729
- Depreciation +€3,814
up €3,814 (+36.5%), from €10,457 to €14,271
- Other operating charges +€194
up €194 (+103.1%), from €188 to €382
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,905 | €232,613 | +€2,708 | +1.2% |
| Fixed assets | 21/28 | €221,810 | €226,869 | +€5,059 | +2.3% |
| Tangible fixed assets | 22/27 | €221,617 | €226,675 | +€5,059 | +2.3% |
| Land and buildings | 22 | €220,500 | €210,236 | -€10,264 | -4.7% |
| Furniture and vehicles | 24 | €1,117 | €16,439 | +€15,323 | +1372.1% |
| Financial fixed assets | 28 | €193 | €193 | = | 0.0% |
| Current assets | 29/58 | €8,095 | €5,744 | -€2,351 | -29.0% |
| Amounts receivable within one year | 40/41 | €6,944 | €3,716 | -€3,228 | -46.5% |
| Trade receivables | 40 | €6,556 | €2,104 | -€4,452 | -67.9% |
| Other amounts receivable | 41 | €388 | €1,612 | +€1,224 | +315.3% |
| Cash at bank and in hand | 54/58 | €1,151 | €2,029 | +€877 | +76.2% |
| Total equity and liabilities | 10/49 | €229,905 | €232,613 | +€2,708 | +1.2% |
| Equity | 10/15 | €111,210 | €90,241 | -€20,969 | -18.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,759 | €69,789 | -€20,969 | -23.1% |
| Amounts payable | 17/49 | €118,695 | €142,373 | +€23,678 | +19.9% |
| Amounts payable after more than one year | 17 | - | €4,693 | +€4,693 | |
| Financial debts | 170/4 | - | €4,693 | +€4,693 | |
| Amounts payable within one year | 42/48 | €118,695 | €137,680 | +€18,985 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €1,757 | €2,585 | +€828 | +47.2% |
| Trade debts | 44 | €2,447 | €681 | -€1,765 | -72.1% |
| Suppliers | 440/4 | €2,447 | €681 | -€1,765 | -72.1% |
| Taxes, remuneration and social security | 45 | €608 | - | -€608 | |
| Taxes | 450/3 | €608 | - | -€608 | |
| Other amounts payable | 47/48 | €113,883 | €134,413 | +€20,530 | +18.0% |
| Non-recurring operating income | 76A | €12,305 | €3,502 | -€8,803 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,457 | €14,271 | +€3,814 | +36.5% |
| Other operating charges | 640/8 | €188 | €382 | +€194 | +103.1% |
| Non-recurring operating charges | 66A | - | -€273 | -€273 | |
| Gross operating margin | 9900 | €8,847 | -€5,729 | -€14,576 | |
| Operating profit (loss) | 9901 | -€1,798 | -€20,109 | -€18,311 | -1018.4% |
| Financial charges | 65/66B | €747 | €738 | -€8 | -1.1% |
| Recurring financial charges | 65 | €747 | €738 | -€8 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,545 | -€20,847 | -€18,303 | -719.3% |
| Income taxes | 67/77 | €112 | €122 | +€10 | +9.1% |
| Profit (loss) for the period | 9904 | -€2,657 | -€20,969 | -€18,313 | -689.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,657 | -€20,969 | -€18,313 | -689.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.