ESPACE REALISATION: what changed
Two fiscal 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 REALISATION
Largest movements
- Cash +€65,276
up €65,276 (+348.1%), from €18,754 to €84,030
mainly Advances received (+€41,384) and Net result for the year (+€29,896)
- Receivables within one year +€9,797
up €9,797 (+5.4%), from €182,419 to €192,216
of which Other amounts receivable: +€42,779
- Deferred charges and accrued income +€5,783
up €5,783 (+93.4%), from €6,193 to €11,976
- Tangible fixed assets -€3,636
down €3,636 (-36.8%), from €9,884 to €6,248
of which Land and buildings: -€6,655
- Advances received +€41,384
new in 2025: €41,384
- Reserves +€29,896
up €29,896 (+121.0%), from €24,702 to €54,598
of which Distributable reserves: +€29,896
- Tax, wage and social debts +€14,260
up €14,260 (+82.5%), from €17,288 to €31,548
of which Taxes: +€18,528
- Trade debts -€7,818
down €7,818 (-9.2%), from €84,626 to €76,808
- Gross operating margin -€76,638
down €76,638 (-59.2%), from €129,562 to €52,924
- Staff costs -€28,654
down €28,654, from €24,417 to -€4,236
- Financial income +€2,670
up €2,670 (+207.0%), from €1,290 to €3,960
- Depreciation -€2,449
down €2,449 (-31.6%), from €7,753 to €5,304
- Taxes +€2,312
up €2,312 (+14.1%), from €16,411 to €18,723
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.
Cash bridge derived
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 | €224,538 | €300,056 | +€75,518 | +33.6% |
| Fixed assets | 21/28 | €11,257 | €7,498 | -€3,759 | -33.4% |
| Intangible fixed assets | 21 | €123 | - | -€123 | |
| Tangible fixed assets | 22/27 | €9,884 | €6,248 | -€3,636 | -36.8% |
| Land and buildings | 22 | €6,655 | - | -€6,655 | |
| Plant, machinery and equipment | 23 | €3,076 | €624 | -€2,452 | -79.7% |
| Furniture and vehicles | 24 | €153 | €5,624 | +€5,471 | +3584.3% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €213,281 | €292,558 | +€79,277 | +37.2% |
| Stocks and contracts in progress | 3 | €5,916 | €4,337 | -€1,579 | -26.7% |
| Stocks | 30/36 | €5,916 | €4,337 | -€1,579 | -26.7% |
| Amounts receivable within one year | 40/41 | €182,419 | €192,216 | +€9,797 | +5.4% |
| Trade receivables | 40 | €120,394 | €87,412 | -€32,982 | -27.4% |
| Other amounts receivable | 41 | €62,025 | €104,804 | +€42,779 | +69.0% |
| Cash at bank and in hand | 54/58 | €18,754 | €84,030 | +€65,276 | +348.1% |
| Deferred charges and accrued income | 490/1 | €6,193 | €11,976 | +€5,783 | +93.4% |
| Total equity and liabilities | 10/49 | €224,538 | €300,056 | +€75,518 | +33.6% |
| Equity | 10/15 | €104,800 | €134,696 | +€29,896 | +28.5% |
| Contributions | 10/11 | €22,960 | €22,960 | = | 0.0% |
| Reserves | 13 | €24,702 | €54,598 | +€29,896 | +121.0% |
| Non-distributable reserves | 130/1 | €921 | €921 | = | 0.0% |
| Reserves not available under the articles | 1311 | €921 | €921 | = | 0.0% |
| Distributable reserves | 133 | €23,780 | €53,677 | +€29,896 | +125.7% |
| Profit (loss) carried forward | 14 | €57,138 | €57,138 | = | 0.0% |
| Amounts payable | 17/49 | €119,739 | €165,360 | +€45,622 | +38.1% |
| Amounts payable within one year | 42/48 | €119,739 | €165,249 | +€45,510 | +38.0% |
| Financial debts | 43 | €9 | - | -€9 | |
| Credit institutions | 430/8 | €9 | - | -€9 | |
| Trade debts | 44 | €84,626 | €76,808 | -€7,818 | -9.2% |
| Suppliers | 440/4 | €84,626 | €76,808 | -€7,818 | -9.2% |
| Advances received on contracts in progress | 46 | - | €41,384 | +€41,384 | |
| Taxes, remuneration and social security | 45 | €17,288 | €31,548 | +€14,260 | +82.5% |
| Taxes | 450/3 | €13,020 | €31,548 | +€18,528 | +142.3% |
| Remuneration and social security | 454/9 | €4,268 | - | -€4,268 | |
| Other amounts payable | 47/48 | €17,816 | €15,509 | -€2,307 | -12.9% |
| Accrued charges and deferred income | 492/3 | - | €112 | +€112 | |
| Remuneration, social security and pensions | 62 | €24,417 | -€4,236 | -€28,654 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,753 | €5,304 | -€2,449 | -31.6% |
| Other operating charges | 640/8 | €4,090 | €4,609 | +€519 | +12.7% |
| Gross operating margin | 9900 | €129,562 | €52,924 | -€76,638 | -59.2% |
| Operating profit (loss) | 9901 | €93,302 | €47,247 | -€46,055 | -49.4% |
| Financial income | 75/76B | €1,290 | €3,960 | +€2,670 | +207.0% |
| Recurring financial income | 75 | €1,290 | €3,960 | +€2,670 | +207.0% |
| Financial charges | 65/66B | €1,860 | €2,588 | +€728 | +39.1% |
| Recurring financial charges | 65 | €1,860 | €2,588 | +€728 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | €92,731 | €48,619 | -€44,112 | -47.6% |
| Income taxes | 67/77 | €16,411 | €18,723 | +€2,312 | +14.1% |
| Profit (loss) for the period | 9904 | €76,320 | €29,896 | -€46,424 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,320 | €29,896 | -€46,424 | -60.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.