ESPACE TECHNOLOGY: 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 TECHNOLOGY
Largest movements
- Cash -€11,963
no longer reported in 2025 (was €11,963)
mainly Net result for the year (-€12,986) and Trade debts (-€8,211)
- Receivables within one year -€4,894
down €4,894 (-4.9%), from €100,740 to €95,846
of which Trade receivables: -€13,737
- Tangible fixed assets +€2,058
up €2,058 (+341.9%), from €602 to €2,660
- Profit (loss) carried forward -€12,986
down €12,986 (-16.4%), from €79,153 to €66,167
- Trade debts -€8,211
down €8,211 (-91.4%), from €8,984 to €773
- Short-term financial debts +€8,023
new in 2025: €8,023
- Tax, wage and social debts -€1,625
down €1,625 (-34.4%), from €4,717 to €3,092
- Turnover -€52,594
down €52,594 (-54.3%), from €96,829 to €44,235
- Gross operating margin -€35,071
down €35,071, from €24,277 to -€10,794
- Purchases and services -€17,523
down €17,523 (-24.2%), from €72,552 to €55,029
- Depreciation +€1,190
up €1,190 (+394.0%), from €302 to €1,492
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 | €113,305 | €98,506 | -€14,799 | -13.1% |
| Fixed assets | 21/28 | €602 | €2,660 | +€2,058 | +341.9% |
| Tangible fixed assets | 22/27 | €602 | €2,660 | +€2,058 | +341.9% |
| Furniture and vehicles | 24 | €602 | €2,660 | +€2,058 | +341.9% |
| Current assets | 29/58 | €112,703 | €95,846 | -€16,857 | -15.0% |
| Amounts receivable within one year | 40/41 | €100,740 | €95,846 | -€4,894 | -4.9% |
| Trade receivables | 40 | €23,448 | €9,711 | -€13,737 | -58.6% |
| Other amounts receivable | 41 | €77,292 | €86,135 | +€8,843 | +11.4% |
| Cash at bank and in hand | 54/58 | €11,963 | - | -€11,963 | |
| Total equity and liabilities | 10/49 | €113,305 | €98,506 | -€14,799 | -13.1% |
| Equity | 10/15 | €99,604 | €86,618 | -€12,986 | -13.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,153 | €66,167 | -€12,986 | -16.4% |
| Amounts payable | 17/49 | €13,701 | €11,888 | -€1,813 | -13.2% |
| Amounts payable within one year | 42/48 | €13,701 | €11,888 | -€1,813 | -13.2% |
| Financial debts | 43 | - | €8,023 | +€8,023 | |
| Credit institutions | 430/8 | - | €8,023 | +€8,023 | |
| Trade debts | 44 | €8,984 | €773 | -€8,211 | -91.4% |
| Suppliers | 440/4 | €8,984 | €773 | -€8,211 | -91.4% |
| Taxes, remuneration and social security | 45 | €4,717 | €3,092 | -€1,625 | -34.4% |
| Taxes | 450/3 | €4,717 | €3,092 | -€1,625 | -34.4% |
| Turnover | 70 | €96,829 | €44,235 | -€52,594 | -54.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,552 | €55,029 | -€17,523 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302 | €1,492 | +€1,190 | +394.0% |
| Other operating charges | 640/8 | €744 | €287 | -€457 | -61.4% |
| Gross operating margin | 9900 | €24,277 | -€10,794 | -€35,071 | |
| Operating profit (loss) | 9901 | €23,231 | -€12,573 | -€35,804 | |
| Financial charges | 65/66B | €368 | €413 | +€45 | +12.2% |
| Recurring financial charges | 65 | €368 | €413 | +€45 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €22,863 | -€12,986 | -€35,849 | |
| Profit (loss) for the period | 9904 | €22,863 | -€12,986 | -€35,849 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,863 | -€12,986 | -€35,849 |
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 11 October 2026 via checked.be.