ESPACE PATRIMOINE: 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 PATRIMOINE
Largest movements
- Tangible fixed assets +€378,195
up €378,195 (+31.9%), from €1.2m to €1.6m
- Debts after one year +€218,469
up €218,469 (+34.3%), from €637,841 to €856,310
of which Other amounts payable: +€200,000
- Reserves +€180,327
up €180,327 (+37.4%), from €481,911 to €662,238
of which Distributable reserves: +€180,327
- Other debts -€26,220
down €26,220 (-10.6%), from €246,638 to €220,417
- Gross operating margin +€48,061
up €48,061 (+23.8%), from €201,865 to €249,926
- Depreciation +€20,511
up €20,511 (+50.1%), from €40,958 to €61,469
- Financial income +€10,458
up €10,458 (+16.3%), from €64,135 to €74,592
- Taxes +€8,339
up €8,339 (+18.3%), from €45,478 to €53,817
- Other operating charges +€3,326
up €3,326 (+74.9%), from €4,444 to €7,770
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 | €1,486,584 | €1,866,515 | +€379,932 | +25.6% |
| Fixed assets | 21/28 | €1,460,560 | €1,838,755 | +€378,195 | +25.9% |
| Tangible fixed assets | 22/27 | €1,184,275 | €1,562,470 | +€378,195 | +31.9% |
| Land and buildings | 22 | €1,184,275 | €1,562,470 | +€378,195 | +31.9% |
| Financial fixed assets | 28 | €276,285 | €276,285 | = | 0.0% |
| Current assets | 29/58 | €26,023 | €27,760 | +€1,737 | +6.7% |
| Amounts receivable within one year | 40/41 | €14,073 | - | -€14,073 | |
| Other amounts receivable | 41 | €14,073 | - | -€14,073 | |
| Cash at bank and in hand | 54/58 | €9,498 | €27,760 | +€18,262 | +192% |
| Deferred charges and accrued income | 490/1 | €2,453 | - | -€2,453 | |
| Total equity and liabilities | 10/49 | €1,486,584 | €1,866,515 | +€379,932 | +25.6% |
| Equity | 10/15 | €545,120 | €725,447 | +€180,327 | +33.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €481,911 | €662,238 | +€180,327 | +37.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €475,711 | €656,038 | +€180,327 | +37.9% |
| Profit (loss) carried forward | 14 | €1,209 | €1,209 | = | 0.0% |
| Amounts payable | 17/49 | €941,464 | €1,141,068 | +€199,605 | +21.2% |
| Amounts payable after more than one year | 17 | €637,841 | €856,310 | +€218,469 | +34.3% |
| Financial debts | 170/4 | €637,841 | €656,310 | +€18,469 | +2.9% |
| Other amounts payable | 178/9 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €303,183 | €284,758 | -€18,424 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €25,965 | €30,272 | +€4,307 | +16.6% |
| Trade debts | 44 | €10,520 | €15,753 | +€5,232 | +49.7% |
| Suppliers | 440/4 | €10,520 | €15,753 | +€5,232 | +49.7% |
| Taxes, remuneration and social security | 45 | €20,060 | €18,317 | -€1,743 | -8.7% |
| Taxes | 450/3 | €20,060 | €18,317 | -€1,743 | -8.7% |
| Other amounts payable | 47/48 | €246,638 | €220,417 | -€26,220 | -10.6% |
| Accrued charges and deferred income | 492/3 | €440 | - | -€440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,958 | €61,469 | +€20,511 | +50.1% |
| Other operating charges | 640/8 | €4,444 | €7,770 | +€3,326 | +74.9% |
| Gross operating margin | 9900 | €201,865 | €249,926 | +€48,061 | +23.8% |
| Operating profit (loss) | 9901 | €156,464 | €180,687 | +€24,223 | +15.5% |
| Financial income | 75/76B | €64,135 | €74,592 | +€10,458 | +16.3% |
| Recurring financial income | 75 | €64,135 | €74,592 | +€10,458 | +16.3% |
| Financial charges | 65/66B | €18,620 | €21,136 | +€2,515 | +13.5% |
| Recurring financial charges | 65 | €18,620 | €21,136 | +€2,515 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €201,978 | €234,143 | +€32,165 | +15.9% |
| Income taxes | 67/77 | €45,478 | €53,817 | +€8,339 | +18.3% |
| Profit (loss) for the period | 9904 | €156,501 | €180,327 | +€23,826 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €156,501 | €180,327 | +€23,826 | +15.2% |
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 29 October 2026 via checked.be.