ESPACE PAPIER LIBRAIRIE: 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 PAPIER LIBRAIRIE
Largest movements
- Tangible fixed assets -€22,945
down €22,945 (-6.0%), from €380,871 to €357,926
of which Land and buildings: -€17,262
- Stocks and contracts +€9,444
up €9,444 (+8.4%), from €112,876 to €122,320
- Cash +€7,908
up €7,908 (+39.2%), from €20,172 to €28,079
mainly Depreciation (+€22,945) and Other debts (+€20,000)
- Debts after one year -€26,147
down €26,147 (-6.0%), from €437,877 to €411,730
of which Financial debts: -€29,003
- Reserves -€20,000
down €20,000 (-66.2%), from €30,233 to €10,233
- Other debts +€20,000
up €20,000, from €0 to €20,000
- Trade debts +€15,446
up €15,446 (+185%), from €8,348 to €23,793
- Gross operating margin +€20,667
up €20,667 (+18.9%), from €109,295 to €129,961
- Staff costs +€16,519
up €16,519 (+23.7%), from €69,728 to €86,247
- Depreciation +€4,478
up €4,478 (+24.2%), from €18,467 to €22,945
- Taxes +€1,432
up €1,432 (+463%), from €309 to €1,742
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 | €571,488 | €564,899 | -€6,590 | -1.2% |
| Fixed assets | 21/28 | €381,001 | €358,056 | -€22,945 | -6.0% |
| Tangible fixed assets | 22/27 | €380,871 | €357,926 | -€22,945 | -6.0% |
| Land and buildings | 22 | €355,162 | €337,900 | -€17,262 | -4.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,945 | €2,985 | -€1,959 | -39.6% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €20,764 | €17,040 | -€3,724 | -17.9% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €190,488 | €206,843 | +€16,355 | +8.6% |
| Stocks and contracts in progress | 3 | €112,876 | €122,320 | +€9,444 | +8.4% |
| Stocks | 30/36 | €112,876 | €122,320 | +€9,444 | +8.4% |
| Amounts receivable within one year | 40/41 | €48,585 | €48,653 | +€68 | +0.1% |
| Trade receivables | 40 | €48,585 | €48,653 | +€68 | +0.1% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,172 | €28,079 | +€7,908 | +39.2% |
| Deferred charges and accrued income | 490/1 | €8,655 | €7,590 | -€1,065 | -12.3% |
| Total equity and liabilities | 10/49 | €571,488 | €564,899 | -€6,590 | -1.2% |
| Equity | 10/15 | €82,632 | €63,876 | -€18,756 | -22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,233 | €10,233 | -€20,000 | -66.2% |
| Distributable reserves | 133 | €30,233 | €10,233 | -€20,000 | -66.2% |
| Profit (loss) carried forward | 14 | €33,799 | €35,044 | +€1,244 | +3.7% |
| Amounts payable | 17/49 | €488,857 | €501,023 | +€12,166 | +2.5% |
| Amounts payable after more than one year | 17 | €437,877 | €411,730 | -€26,147 | -6.0% |
| Financial debts | 170/4 | €317,264 | €288,261 | -€29,003 | -9.1% |
| Other amounts payable | 178/9 | €120,612 | €123,468 | +€2,856 | +2.4% |
| Amounts payable within one year | 42/48 | €50,980 | €89,293 | +€38,313 | +75.2% |
| Current portion of amounts payable after more than one year | 42 | €28,133 | €29,003 | +€871 | +3.1% |
| Trade debts | 44 | €8,348 | €23,793 | +€15,446 | +185% |
| Suppliers | 440/4 | €8,348 | €23,793 | +€15,446 | +185% |
| Taxes, remuneration and social security | 45 | €14,499 | €16,496 | +€1,997 | +13.8% |
| Taxes | 450/3 | €6,321 | €6,579 | +€258 | +4.1% |
| Remuneration and social security | 454/9 | €8,178 | €9,918 | +€1,739 | +21.3% |
| Other amounts payable | 47/48 | €0 | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €69,728 | €86,247 | +€16,519 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,467 | €22,945 | +€4,478 | +24.2% |
| Other operating charges | 640/8 | €3,308 | €3,881 | +€574 | +17.3% |
| Non-recurring operating charges | 66A | - | €274 | +€274 | |
| Gross operating margin | 9900 | €109,295 | €129,961 | +€20,667 | +18.9% |
| Operating profit (loss) | 9901 | €17,792 | €16,614 | -€1,178 | -6.6% |
| Financial income | 75/76B | €6 | €31 | +€25 | +447% |
| Recurring financial income | 75 | €6 | €31 | +€25 | +447% |
| Financial charges | 65/66B | €12,671 | €13,659 | +€988 | +7.8% |
| Recurring financial charges | 65 | €12,671 | €13,659 | +€988 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €5,127 | €2,986 | -€2,141 | -41.8% |
| Income taxes | 67/77 | €309 | €1,742 | +€1,432 | +463% |
| Profit (loss) for the period | 9904 | €4,818 | €1,244 | -€3,573 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,818 | €1,244 | -€3,573 | -74.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.