ESPACE REPRO: 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 REPRO
Largest movements
- Cash +€19,344
up €19,344 (+198%), from €9,786 to €29,130
mainly Net result for the year (+€27,499) and Depreciation (+€5,814)
- Tangible fixed assets -€1,979
down €1,979 (-16.3%), from €12,156 to €10,177
of which Plant, machinery and equipment: -€1,238
- Profit (loss) carried forward +€27,499
up €27,499 (+187%), from €14,682 to €42,181
- Advances received -€3,594
no longer reported in 2025 (was €3,594)
- Tax, wage and social debts -€2,507
down €2,507 (-19.3%), from €12,959 to €10,452
of which Remuneration and social security: -€3,306
- Trade debts -€2,501
down €2,501 (-17.7%), from €14,109 to €11,608
- Other debts -€2,131
down €2,131 (-20.1%), from €10,596 to €8,466
- Gross operating margin +€37,004
up €37,004 (+72.3%), from €51,204 to €88,208
- Staff costs +€9,967
up €9,967 (+27.0%), from €36,901 to €46,868
- Taxes +€2,110
up €2,110 (+1,512%), from €140 to €2,249
- Depreciation +€1,388
up €1,388 (+31.4%), from €4,426 to €5,814
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 | €63,997 | €80,764 | +€16,766 | +26.2% |
| Fixed assets | 21/28 | €12,406 | €10,677 | -€1,729 | -13.9% |
| Tangible fixed assets | 22/27 | €12,156 | €10,177 | -€1,979 | -16.3% |
| Plant, machinery and equipment | 23 | €10,191 | €8,952 | -€1,238 | -12.2% |
| Furniture and vehicles | 24 | €1,965 | €1,225 | -€741 | -37.7% |
| Financial fixed assets | 28 | €250 | €499 | +€250 | +100% |
| Current assets | 29/58 | €51,591 | €70,087 | +€18,496 | +35.9% |
| Stocks and contracts in progress | 3 | €16,610 | €16,560 | -€50 | -0.3% |
| Stocks | 30/36 | €16,610 | €16,560 | -€50 | -0.3% |
| Amounts receivable within one year | 40/41 | €22,768 | €22,417 | -€351 | -1.5% |
| Trade receivables | 40 | €22,768 | €22,417 | -€351 | -1.5% |
| Cash at bank and in hand | 54/58 | €9,786 | €29,130 | +€19,344 | +198% |
| Deferred charges and accrued income | 490/1 | €2,427 | €1,980 | -€447 | -18.4% |
| Total equity and liabilities | 10/49 | €63,997 | €80,764 | +€16,766 | +26.2% |
| Equity | 10/15 | €22,738 | €50,238 | +€27,499 | +121% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 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 | €14,682 | €42,181 | +€27,499 | +187% |
| Amounts payable | 17/49 | €41,259 | €30,526 | -€10,733 | -26.0% |
| Amounts payable within one year | 42/48 | €41,259 | €30,526 | -€10,733 | -26.0% |
| Trade debts | 44 | €14,109 | €11,608 | -€2,501 | -17.7% |
| Suppliers | 440/4 | €14,109 | €11,608 | -€2,501 | -17.7% |
| Advances received on contracts in progress | 46 | €3,594 | - | -€3,594 | |
| Taxes, remuneration and social security | 45 | €12,959 | €10,452 | -€2,507 | -19.3% |
| Taxes | 450/3 | €3,603 | €4,401 | +€798 | +22.2% |
| Remuneration and social security | 454/9 | €9,356 | €6,051 | -€3,306 | -35.3% |
| Other amounts payable | 47/48 | €10,596 | €8,466 | -€2,131 | -20.1% |
| Remuneration, social security and pensions | 62 | €36,901 | €46,868 | +€9,967 | +27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,426 | €5,814 | +€1,388 | +31.4% |
| Other operating charges | 640/8 | €4,756 | €4,843 | +€87 | +1.8% |
| Non-recurring operating charges | 66A | €311 | - | -€311 | |
| Gross operating margin | 9900 | €51,204 | €88,208 | +€37,004 | +72.3% |
| Operating profit (loss) | 9901 | €4,810 | €30,683 | +€25,873 | +538% |
| Financial income | 75/76B | €5 | €150 | +€145 | +2,941% |
| Recurring financial income | 75 | €5 | €150 | +€145 | +2,941% |
| Financial charges | 65/66B | €1,188 | €1,084 | -€103 | -8.7% |
| Recurring financial charges | 65 | €1,188 | €1,084 | -€103 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €3,627 | €29,748 | +€26,121 | +720% |
| Income taxes | 67/77 | €140 | €2,249 | +€2,110 | +1,512% |
| Profit (loss) for the period | 9904 | €3,488 | €27,499 | +€24,011 | +688% |
| Profit (loss) for the period to be appropriated | 9905 | €3,488 | €27,499 | +€24,011 | +688% |
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 13 October 2026 via checked.be.