Espace Solival: 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 Solival
Largest movements
- Cash -€121,921
down €121,921 (-40.7%), from €299,389 to €177,468
mainly Receivables within one year (-€109,091) and Investment in fixed assets (net) (-€101,085)
- Receivables within one year +€109,091
up €109,091 (+15.8%), from €691,884 to €800,975
of which Trade receivables: +€117,319
- Tangible fixed assets +€37,583
up €37,583 (+15.7%), from €239,738 to €277,321
of which Leasing and similar rights: +€58,622
- Stocks and contracts +€18,452
up €18,452 (+4.1%), from €453,422 to €471,874
- Profit (loss) carried forward +€62,338
up €62,338 (+8.8%), from €708,006 to €770,344
- Debts within one year -€35,399
down €35,399 (-7.5%), from €473,980 to €438,581
of which Trade debts: -€43,453
- Purchases and services +€123,648
up €123,648 (+5.5%), from €2.2m to €2.4m
- Turnover +€109,277
up €109,277 (+3.1%), from €3.5m to €3.6m
- Staff costs +€80,928
up €80,928 (+5.7%), from €1.4m to €1.5m
- Gross operating margin -€50,585
down €50,585 (-2.9%), from €1.7m to €1.7m
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 | €1,752,360 | €1,782,502 | +€30,143 | +1.7% |
| Fixed assets | 21/28 | €242,340 | €279,923 | +€37,583 | +15.5% |
| Tangible fixed assets | 22/27 | €239,738 | €277,321 | +€37,583 | +15.7% |
| Plant, machinery and equipment | 23 | €2,279 | €1,240 | -€1,040 | -45.6% |
| Furniture and vehicles | 24 | €89,578 | €81,896 | -€7,682 | -8.6% |
| Leasing and similar rights | 25 | - | €58,622 | +€58,622 | |
| Other tangible fixed assets | 26 | €147,880 | €135,563 | -€12,317 | -8.3% |
| Financial fixed assets | 28 | €2,602 | €2,602 | = | 0.0% |
| Current assets | 29/58 | €1,510,019 | €1,502,580 | -€7,440 | -0.5% |
| Stocks and contracts in progress | 3 | €453,422 | €471,874 | +€18,452 | +4.1% |
| Stocks | 30/36 | €453,422 | €471,874 | +€18,452 | +4.1% |
| Amounts receivable within one year | 40/41 | €691,884 | €800,975 | +€109,091 | +15.8% |
| Trade receivables | 40 | €458,841 | €576,159 | +€117,319 | +25.6% |
| Other amounts receivable | 41 | €233,044 | €224,816 | -€8,228 | -3.5% |
| Cash at bank and in hand | 54/58 | €299,389 | €177,468 | -€121,921 | -40.7% |
| Deferred charges and accrued income | 490/1 | €65,324 | €52,263 | -€13,062 | -20.0% |
| Total equity and liabilities | 10/49 | €1,752,360 | €1,782,502 | +€30,143 | +1.7% |
| Equity | 10/15 | €708,006 | €770,344 | +€62,338 | +8.8% |
| Profit (loss) carried forward | 14 | €708,006 | €770,344 | +€62,338 | +8.8% |
| Amounts payable | 17/49 | €1,044,354 | €1,012,158 | -€32,195 | -3.1% |
| Amounts payable after more than one year | 17 | €570,281 | €572,931 | +€2,649 | +0.5% |
| Financial debts | 170/4 | €72,103 | €109,970 | +€37,867 | +52.5% |
| Other amounts payable | 178/9 | €498,178 | €462,960 | -€35,218 | -7.1% |
| Amounts payable within one year | 42/48 | €473,980 | €438,581 | -€35,399 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €65,216 | €62,443 | -€2,774 | -4.3% |
| Trade debts | 44 | €196,344 | €152,891 | -€43,453 | -22.1% |
| Suppliers | 440/4 | €196,344 | €152,891 | -€43,453 | -22.1% |
| Taxes, remuneration and social security | 45 | €167,585 | €176,697 | +€9,112 | +5.4% |
| Taxes | 450/3 | €3,647 | €864 | -€2,783 | -76.3% |
| Remuneration and social security | 454/9 | €163,938 | €175,833 | +€11,895 | +7.3% |
| Accrued charges and deferred income | 492/3 | €93 | €647 | +€554 | +597.9% |
| Turnover | 70 | €3,519,717 | €3,628,994 | +€109,277 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,241,155 | €2,364,803 | +€123,648 | +5.5% |
| Remuneration, social security and pensions | 62 | €1,427,747 | €1,508,675 | +€80,928 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,178 | €63,502 | +€16,324 | +34.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,231 | €9,647 | -€3,584 | -27.1% |
| Other operating charges | 640/8 | €12,440 | €8,617 | -€3,823 | -30.7% |
| Gross operating margin | 9900 | €1,745,364 | €1,694,779 | -€50,585 | -2.9% |
| Operating profit (loss) | 9901 | €244,768 | €104,338 | -€140,430 | -57.4% |
| Financial income | 75/76B | €10,669 | €12,420 | +€1,751 | +16.4% |
| Recurring financial income | 75 | €10,669 | €12,420 | +€1,751 | +16.4% |
| Financial charges | 65/66B | €15,859 | €17,501 | +€1,641 | +10.3% |
| Recurring financial charges | 65 | €15,859 | €17,501 | +€1,641 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €239,577 | €99,257 | -€140,320 | -58.6% |
| Income taxes | 67/77 | €60,734 | €36,919 | -€23,815 | -39.2% |
| Profit (loss) for the period | 9904 | €178,843 | €62,338 | -€116,504 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €178,843 | €62,338 | -€116,504 | -65.1% |
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 12 October 2026 via checked.be.