ESPACE MUSICAL: 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 MUSICAL
Largest movements
- Stocks and contracts -€4,139
no longer reported in 2025 (was €4,139)
- Receivables within one year -€2,805
down €2,805 (-17.3%), from €16,196 to €13,391
of which Other amounts receivable: -€2,707
- Cash +€288
up €288 (+3,744%), from €8 to €296
- Profit (loss) carried forward -€11,898
down €11,898 (-21.6%), from -€55,067 to -€66,965
- Other debts +€5,731
up €5,731 (+19.9%), from €28,826 to €34,556
- Tax, wage and social debts +€3,236
new in 2025: €3,236
- Reserves -€3,200
down €3,200 (-90.5%), from €3,536 to €336
of which Tax-exempt reserves: -€3,200
- Trade debts -€524
down €524 (-1.4%), from €36,849 to €36,324
- Gross operating margin +€3,397
up €3,397, from -€1,300 to €2,097
- Taxes -€1,034
no longer reported in 2025 (was €1,034)
- Financial charges -€231
down €231 (-73.0%), from €316 to €85
- Financial income -€56
down €56 (-63.9%), from €88 to €32
- Other operating charges +€46
up €46 (+26.8%), from €172 to €218
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,343 | €13,687 | -€6,656 | -32.7% |
| Current assets | 29/58 | €20,343 | €13,687 | -€6,656 | -32.7% |
| Stocks and contracts in progress | 3 | €4,139 | - | -€4,139 | |
| Stocks | 30/36 | €4,139 | - | -€4,139 | |
| Amounts receivable within one year | 40/41 | €16,196 | €13,391 | -€2,805 | -17.3% |
| Trade receivables | 40 | €13,478 | €13,379 | -€98 | -0.7% |
| Other amounts receivable | 41 | €2,719 | €12 | -€2,707 | -99.6% |
| Cash at bank and in hand | 54/58 | €8 | €296 | +€288 | +3,744% |
| Total equity and liabilities | 10/49 | €20,343 | €13,687 | -€6,656 | -32.7% |
| Equity | 10/15 | -€45,331 | -€60,429 | -€15,098 | -33.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €3,536 | €336 | -€3,200 | -90.5% |
| Non-distributable reserves | 130/1 | €336 | €336 | = | 0.0% |
| Legal reserve | 130 | €336 | - | -€336 | |
| Reserves not available under the articles | 1311 | - | €336 | +€336 | |
| Tax-exempt reserves | 132 | €3,200 | - | -€3,200 | |
| Profit (loss) carried forward | 14 | -€55,067 | -€66,965 | -€11,898 | -21.6% |
| Amounts payable | 17/49 | €65,674 | €74,116 | +€8,442 | +12.9% |
| Amounts payable within one year | 42/48 | €65,674 | €74,116 | +€8,442 | +12.9% |
| Trade debts | 44 | €36,849 | €36,324 | -€524 | -1.4% |
| Suppliers | 440/4 | €36,849 | €36,324 | -€524 | -1.4% |
| Taxes, remuneration and social security | 45 | - | €3,236 | +€3,236 | |
| Taxes | 450/3 | - | €3,236 | +€3,236 | |
| Other amounts payable | 47/48 | €28,826 | €34,556 | +€5,731 | +19.9% |
| Other operating charges | 640/8 | €172 | €218 | +€46 | +26.8% |
| Gross operating margin | 9900 | -€1,300 | €2,097 | +€3,397 | |
| Operating profit (loss) | 9901 | -€1,473 | €1,879 | +€3,351 | |
| Financial income | 75/76B | €88 | €32 | -€56 | -63.9% |
| Recurring financial income | 75 | €88 | €32 | -€56 | -63.9% |
| Financial charges | 65/66B | €316 | €85 | -€231 | -73.0% |
| Recurring financial charges | 65 | €316 | €85 | -€231 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,701 | €1,825 | +€3,526 | |
| Income taxes | 67/77 | €1,034 | - | -€1,034 | |
| Profit (loss) for the period | 9904 | -€2,735 | €1,825 | +€4,560 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,735 | €1,825 | +€4,560 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.