ESPACE SUD: 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 SUD
Largest movements
- Receivables within one year +€1,154
up €1,154 (+6.6%), from €17,527 to €18,682
of which Trade receivables: +€1,000
- Accrued charges and deferred income +€1,229
up €1,229 (+467%), from €263 to €1,493
- Short-term financial debts -€592
no longer reported in 2023 (was €592)
- Turnover -€3,808
down €3,808 (-16.2%), from €23,492 to €19,684
- Purchases and services -€2,432
down €2,432 (-11.7%), from €20,840 to €18,409
- Gross operating margin -€1,376
down €1,376 (-51.9%), from €2,652 to €1,276
- Taxes +€319
up €319 (+223%), from €143 to €462
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,249 | €53,655 | +€1,406 | +2.7% |
| Fixed assets | 21/28 | €5,927 | €5,842 | -€85 | -1.4% |
| Tangible fixed assets | 22/27 | €256 | €170 | -€85 | -33.4% |
| Furniture and vehicles | 24 | €256 | €170 | -€85 | -33.4% |
| Financial fixed assets | 28 | €5,671 | €5,671 | = | 0.0% |
| Current assets | 29/58 | €46,323 | €47,814 | +€1,491 | +3.2% |
| Amounts receivable within one year | 40/41 | €17,527 | €18,682 | +€1,154 | +6.6% |
| Trade receivables | 40 | €8,867 | €9,867 | +€1,000 | +11.3% |
| Other amounts receivable | 41 | €8,660 | €8,814 | +€154 | +1.8% |
| Cash at bank and in hand | 54/58 | €22 | €227 | +€204 | +913% |
| Deferred charges and accrued income | 490/1 | €28,773 | €28,906 | +€133 | +0.5% |
| Total equity and liabilities | 10/49 | €52,249 | €53,655 | +€1,406 | +2.7% |
| Equity | 10/15 | -€4,578 | -€4,283 | +€295 | +6.4% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Capital | 10 | €45,000 | €45,000 | = | 0.0% |
| Issued capital | 100 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €3,361 | €3,375 | +€15 | +0.4% |
| Non-distributable reserves | 130/1 | €3,361 | €3,375 | +€15 | +0.4% |
| Legal reserve | 130 | €3,361 | €3,375 | +€15 | +0.4% |
| Profit (loss) carried forward | 14 | -€52,938 | -€52,658 | +€280 | +0.5% |
| Amounts payable | 17/49 | €56,827 | €57,938 | +€1,111 | +2.0% |
| Amounts payable within one year | 42/48 | €56,564 | €56,445 | -€119 | -0.2% |
| Financial debts | 43 | €592 | - | -€592 | |
| Credit institutions | 430/8 | €592 | - | -€592 | |
| Trade debts | 44 | €1,504 | €1,978 | +€473 | +31.5% |
| Suppliers | 440/4 | €1,504 | €1,978 | +€473 | +31.5% |
| Taxes, remuneration and social security | 45 | €5,400 | €5,400 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,400 | €5,400 | = | 0.0% |
| Other amounts payable | 47/48 | €49,068 | €49,068 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €263 | €1,493 | +€1,229 | +467% |
| Turnover | 70 | €23,492 | €19,684 | -€3,808 | -16.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,840 | €18,409 | -€2,432 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85 | €85 | = | 0.0% |
| Other operating charges | 640/8 | €343 | €375 | +€32 | +9.3% |
| Gross operating margin | 9900 | €2,652 | €1,276 | -€1,376 | -51.9% |
| Operating profit (loss) | 9901 | €2,223 | €815 | -€1,408 | -63.3% |
| Financial charges | 65/66B | €61 | €58 | -€2 | -3.9% |
| Recurring financial charges | 65 | €61 | €58 | -€2 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €2,162 | €757 | -€1,406 | -65.0% |
| Income taxes | 67/77 | €143 | €462 | +€319 | +223% |
| Profit (loss) for the period | 9904 | €2,020 | €295 | -€1,725 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,020 | €295 | -€1,725 | -85.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.