ESPACE & TRANSITION: what changed
Two fiscal 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 & TRANSITION
Largest movements
- Current investments +€34,036
up €34,036 (+6421901.9%), from €1 to €34,037
- Cash -€14,106
down €14,106 (-79.0%), from €17,845 to €3,739
mainly Current investments (-€34,036) and Receivables within one year (-€11,117)
- Receivables within one year +€11,117
up €11,117 (+44.9%), from €24,771 to €35,888
- Profit (loss) carried forward +€20,608
up €20,608 (+332.6%), from €6,196 to €26,804
- Tax, wage and social debts +€6,382
up €6,382 (+108.6%), from €5,875 to €12,257
- Trade debts +€4,267
up €4,267 (+63.0%), from €6,771 to €11,039
- Gross operating margin +€15,755
up €15,755 (+170.8%), from €9,223 to €24,978
- Taxes +€6,812
new in 2025: €6,812
- Financial income +€2,691
up €2,691 (+50484.1%), from €5 to €2,696
- Other operating charges -€324
down €324 (-60.4%), from €536 to €212
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 | €45,920 | €77,177 | +€31,257 | +68.1% |
| Fixed assets | 21/28 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €43,420 | €74,677 | +€31,257 | +72.0% |
| Amounts receivable within one year | 40/41 | €24,771 | €35,888 | +€11,117 | +44.9% |
| Trade receivables | 40 | €24,771 | €35,888 | +€11,117 | +44.9% |
| Current investments | 50/53 | €1 | €34,037 | +€34,036 | +6421901.9% |
| Cash at bank and in hand | 54/58 | €17,845 | €3,739 | -€14,106 | -79.0% |
| Deferred charges and accrued income | 490/1 | €803 | €1,013 | +€210 | +26.2% |
| Total equity and liabilities | 10/49 | €45,920 | €77,177 | +€31,257 | +68.1% |
| Equity | 10/15 | €26,656 | €47,264 | +€20,608 | +77.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,196 | €26,804 | +€20,608 | +332.6% |
| Amounts payable | 17/49 | €19,264 | €29,913 | +€10,649 | +55.3% |
| Amounts payable within one year | 42/48 | €19,264 | €29,913 | +€10,649 | +55.3% |
| Trade debts | 44 | €6,771 | €11,039 | +€4,267 | +63.0% |
| Suppliers | 440/4 | €6,771 | €11,039 | +€4,267 | +63.0% |
| Taxes, remuneration and social security | 45 | €5,875 | €12,257 | +€6,382 | +108.6% |
| Taxes | 450/3 | €5,875 | €12,257 | +€6,382 | +108.6% |
| Other amounts payable | 47/48 | €6,617 | €6,617 | = | 0.0% |
| Other operating charges | 640/8 | €536 | €212 | -€324 | -60.4% |
| Gross operating margin | 9900 | €9,223 | €24,978 | +€15,755 | +170.8% |
| Operating profit (loss) | 9901 | €8,687 | €24,766 | +€16,079 | +185.1% |
| Financial income | 75/76B | €5 | €2,696 | +€2,691 | +50484.1% |
| Recurring financial income | 75 | €5 | €2,696 | +€2,691 | +50484.1% |
| Financial charges | 65/66B | €44 | €42 | -€2 | -4.7% |
| Recurring financial charges | 65 | €44 | €42 | -€2 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €8,648 | €27,420 | +€18,772 | +217.1% |
| Income taxes | 67/77 | - | €6,812 | +€6,812 | |
| Profit (loss) for the period | 9904 | €8,648 | €20,608 | +€11,960 | +138.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,648 | €20,608 | +€11,960 | +138.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.