ESPACE TACOS: 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 TACOS
Largest movements
- Cash +€12,714
up €12,714 (+282%), from €4,502 to €17,217
mainly Net result for the year (+€12,764) and Receivables within one year (+€12,334)
- Receivables within one year -€12,334
down €12,334 (-76.6%), from €16,101 to €3,766
of which Trade receivables: -€15,202
- Tangible fixed assets +€10,224
up €10,224 (+35.9%), from €28,478 to €38,702
of which Plant, machinery and equipment: +€16,124
- Intangible fixed assets -€4,500
down €4,500 (-10.7%), from €42,111 to €37,611
- Deferred charges and accrued income -€2,223
down €2,223 (-93.7%), from €2,372 to €149
- Profit (loss) carried forward +€12,764
up €12,764 (+72.7%), from -€17,569 to -€4,805
- Other debts +€11,126
up €11,126 (+240%), from €4,638 to €15,764
- Trade debts -€10,126
down €10,126 (-33.9%), from €29,880 to €19,755
- Debts after one year -€10,032
down €10,032 (-16.7%), from €59,986 to €49,953
- Current portion of long-term debt +€5,518
up €5,518 (+53.1%), from €10,385 to €15,903
- Gross operating margin +€36,711
up €36,711 (+494%), from €7,438 to €44,149
- Staff costs -€9,035
down €9,035 (-46.9%), from €19,262 to €10,227
- Depreciation +€4,864
up €4,864 (+75.9%), from €6,412 to €11,276
- Other operating charges +€4,037
up €4,037 (+320%), from €1,262 to €5,300
- Financial charges +€1,804
up €1,804 (+68.3%), from €2,643 to €4,447
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 | €101,170 | €105,883 | +€4,712 | +4.7% |
| Fixed assets | 21/28 | €70,588 | €76,313 | +€5,724 | +8.1% |
| Intangible fixed assets | 21 | €42,111 | €37,611 | -€4,500 | -10.7% |
| Tangible fixed assets | 22/27 | €28,478 | €38,702 | +€10,224 | +35.9% |
| Plant, machinery and equipment | 23 | - | €16,124 | +€16,124 | |
| Furniture and vehicles | 24 | €19,228 | €14,588 | -€4,640 | -24.1% |
| Other tangible fixed assets | 26 | €9,250 | €7,990 | -€1,260 | -13.6% |
| Current assets | 29/58 | €30,582 | €29,570 | -€1,012 | -3.3% |
| Stocks and contracts in progress | 3 | €7,607 | €8,438 | +€831 | +10.9% |
| Stocks | 30/36 | €7,607 | €8,438 | +€831 | +10.9% |
| Amounts receivable within one year | 40/41 | €16,101 | €3,766 | -€12,334 | -76.6% |
| Trade receivables | 40 | €15,387 | €186 | -€15,202 | -98.8% |
| Other amounts receivable | 41 | €714 | €3,581 | +€2,867 | +402% |
| Cash at bank and in hand | 54/58 | €4,502 | €17,217 | +€12,714 | +282% |
| Deferred charges and accrued income | 490/1 | €2,372 | €149 | -€2,223 | -93.7% |
| Total equity and liabilities | 10/49 | €101,170 | €105,883 | +€4,712 | +4.7% |
| Equity | 10/15 | -€12,569 | €195 | +€12,764 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,569 | -€4,805 | +€12,764 | +72.7% |
| Amounts payable | 17/49 | €113,739 | €105,688 | -€8,052 | -7.1% |
| Amounts payable after more than one year | 17 | €59,986 | €49,953 | -€10,032 | -16.7% |
| Financial debts | 170/4 | €59,986 | €49,953 | -€10,032 | -16.7% |
| Amounts payable within one year | 42/48 | €53,753 | €55,734 | +€1,981 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €10,385 | €15,903 | +€5,518 | +53.1% |
| Financial debts | 43 | €21 | €145 | +€124 | +582% |
| Credit institutions | 430/8 | €21 | €145 | +€124 | +582% |
| Trade debts | 44 | €29,880 | €19,755 | -€10,126 | -33.9% |
| Suppliers | 440/4 | €29,880 | €19,755 | -€10,126 | -33.9% |
| Advances received on contracts in progress | 46 | €2,414 | €0 | -€2,414 | -100% |
| Taxes, remuneration and social security | 45 | €6,415 | €4,168 | -€2,247 | -35.0% |
| Taxes | 450/3 | €1,682 | €2,895 | +€1,213 | +72.1% |
| Remuneration and social security | 454/9 | €4,733 | €1,273 | -€3,460 | -73.1% |
| Other amounts payable | 47/48 | €4,638 | €15,764 | +€11,126 | +240% |
| Remuneration, social security and pensions | 62 | €19,262 | €10,227 | -€9,035 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,412 | €11,276 | +€4,864 | +75.9% |
| Other operating charges | 640/8 | €1,262 | €5,300 | +€4,037 | +320% |
| Gross operating margin | 9900 | €7,438 | €44,149 | +€36,711 | +494% |
| Operating profit (loss) | 9901 | -€19,497 | €17,347 | +€36,845 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €2,643 | €4,447 | +€1,804 | +68.3% |
| Recurring financial charges | 65 | €2,643 | €4,447 | +€1,804 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,140 | €12,900 | +€35,040 | |
| Income taxes | 67/77 | €65 | €136 | +€71 | +108% |
| Profit (loss) for the period | 9904 | -€22,206 | €12,764 | +€34,970 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,206 | €12,764 | +€34,970 |
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 30 October 2026 via checked.be.