ESPACE RICHEL: 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 RICHEL
Largest movements
- Cash -€1,944
down €1,944 (-62.3%), from €3,118 to €1,174
mainly Net result for the year (-€5,674) and Trade debts (-€4,702)
- Other debts +€9,270
up €9,270 (+77.6%), from €11,942 to €21,213
- Profit (loss) carried forward -€5,674
down €5,674 (-32.6%), from -€17,388 to -€23,062
- Trade debts -€4,702
down €4,702 (-89.7%), from €5,240 to €538
- Tax, wage and social debts -€1,191
down €1,191 (-32.8%), from €3,632 to €2,441
- Gross operating margin -€17,295
down €17,295, from €13,373 to -€3,923
- Taxes -€793
down €793 (-80.1%), from €990 to €197
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 | €21,976 | €19,680 | -€2,296 | -10.4% |
| Fixed assets | 21/28 | €421 | €211 | -€211 | -50.0% |
| Tangible fixed assets | 22/27 | €421 | €211 | -€211 | -50.0% |
| Furniture and vehicles | 24 | €421 | €211 | -€211 | -50.0% |
| Current assets | 29/58 | €21,555 | €19,469 | -€2,086 | -9.7% |
| Amounts receivable within one year | 40/41 | €18,437 | €18,295 | -€142 | -0.8% |
| Trade receivables | 40 | €9,108 | €8,966 | -€142 | -1.6% |
| Other amounts receivable | 41 | €9,329 | €9,329 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,118 | €1,174 | -€1,944 | -62.3% |
| Total equity and liabilities | 10/49 | €21,976 | €19,680 | -€2,296 | -10.4% |
| Equity | 10/15 | €1,162 | -€4,512 | -€5,674 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,388 | -€23,062 | -€5,674 | -32.6% |
| Amounts payable | 17/49 | €20,814 | €24,192 | +€3,377 | +16.2% |
| Amounts payable within one year | 42/48 | €20,814 | €24,192 | +€3,377 | +16.2% |
| Trade debts | 44 | €5,240 | €538 | -€4,702 | -89.7% |
| Suppliers | 440/4 | €5,240 | €538 | -€4,702 | -89.7% |
| Taxes, remuneration and social security | 45 | €3,632 | €2,441 | -€1,191 | -32.8% |
| Taxes | 450/3 | €3,632 | €2,441 | -€1,191 | -32.8% |
| Other amounts payable | 47/48 | €11,942 | €21,213 | +€9,270 | +77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | €211 | = | 0.0% |
| Other operating charges | 640/8 | €1,066 | €1,164 | +€98 | +9.2% |
| Gross operating margin | 9900 | €13,373 | -€3,923 | -€17,295 | |
| Operating profit (loss) | 9901 | €12,096 | -€5,298 | -€17,393 | |
| Financial charges | 65/66B | €163 | €179 | +€15 | +9.5% |
| Recurring financial charges | 65 | €163 | €179 | +€15 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €11,932 | -€5,477 | -€17,409 | |
| Income taxes | 67/77 | €990 | €197 | -€793 | -80.1% |
| Profit (loss) for the period | 9904 | €10,942 | -€5,674 | -€16,615 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,942 | -€5,674 | -€16,615 |
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 24 October 2026 via checked.be.