ESPACE TRIANON: 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 TRIANON
Largest movements
- Receivables within one year -€789,650
down €789,650 (-62.8%), from €1.3m to €467,840
of which Trade receivables: -€803,017
- Stocks and contracts -€252,834
down €252,834 (-60.2%), from €419,650 to €166,816
- Cash -€84,655
down €84,655 (-4.6%), from €1.8m to €1.8m
mainly Trade debts (-€812,272) and Net result for the year (-€248,079)
- Trade debts -€812,272
down €812,272 (-54.7%), from €1.5m to €673,121
- Profit (loss) carried forward -€248,079
down €248,079, from €42,268 to -€205,812
- Tax, wage and social debts -€66,787
no longer reported in 2025 (was €66,787)
- Turnover -€20.2m
down €20.2m (-99.4%), from €20.4m to €119,500
- Goods and materials -€662,544
down €662,544 (-57.8%), from €1.1m to €483,768
of which Purchases: -€2.2m
- Write-downs -€284,976
down €284,976, from €180,004 to -€104,972
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 | €3,524,708 | €2,397,570 | -€1.1m | -32.0% |
| Current assets | 29/58 | €3,524,708 | €2,397,570 | -€1.1m | -32.0% |
| Stocks and contracts in progress | 3 | €419,650 | €166,816 | -€252,834 | -60.2% |
| Stocks | 30/36 | €419,650 | €166,816 | -€252,834 | -60.2% |
| Property held for sale | 35 | €419,650 | €166,816 | -€252,834 | -60.2% |
| Amounts receivable within one year | 40/41 | €1,257,490 | €467,840 | -€789,650 | -62.8% |
| Trade receivables | 40 | €1,257,490 | €454,473 | -€803,017 | -63.9% |
| Other amounts receivable | 41 | - | €13,367 | +€13,367 | |
| Cash at bank and in hand | 54/58 | €1,847,568 | €1,762,914 | -€84,655 | -4.6% |
| Total equity and liabilities | 10/49 | €3,524,708 | €2,397,570 | -€1.1m | -32.0% |
| Equity | 10/15 | €1,972,529 | €1,724,449 | -€248,079 | -12.6% |
| Contributions | 10/11 | €1,754,783 | €1,754,783 | = | 0.0% |
| Capital | 10 | €1,754,783 | €1,754,783 | = | 0.0% |
| Issued capital | 100 | €1,754,783 | €1,754,783 | = | 0.0% |
| Reserves | 13 | €175,478 | €175,478 | = | 0.0% |
| Non-distributable reserves | 130/1 | €175,478 | €175,478 | = | 0.0% |
| Legal reserve | 130 | €175,478 | €175,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,268 | -€205,812 | -€248,079 | |
| Amounts payable | 17/49 | €1,552,179 | €673,121 | -€879,058 | -56.6% |
| Amounts payable within one year | 42/48 | €1,552,179 | €673,121 | -€879,058 | -56.6% |
| Trade debts | 44 | €1,485,393 | €673,121 | -€812,272 | -54.7% |
| Suppliers | 440/4 | €1,485,393 | €673,121 | -€812,272 | -54.7% |
| Taxes, remuneration and social security | 45 | €66,787 | - | -€66,787 | |
| Taxes | 450/3 | €66,787 | - | -€66,787 | |
| Operating income | 70/76A | €1,246,065 | €119,500 | -€1.1m | -90.4% |
| Turnover | 70 | €20,360,452 | €119,500 | -€20.2m | -99.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€19,114,387 | - | +€19.1m | |
| Operating charges | 60/66A | €1,331,414 | €384,325 | -€947,089 | -71.1% |
| Goods for resale, raw materials and consumables | 60 | €1,146,312 | €483,768 | -€662,544 | -57.8% |
| Purchases | 600/8 | €2,310,632 | €115,963 | -€2.2m | -95.0% |
| Change in stocks: decrease (increase) | 609 | -€1,164,320 | €367,805 | +€1.5m | |
| Services and other goods | 61 | €4,130 | €4,530 | +€400 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €180,004 | -€104,972 | -€284,976 | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | -€85,349 | -€264,825 | -€179,476 | -210% |
| Financial income | 75/76B | €19,033 | €17,096 | -€1,937 | -10.2% |
| Recurring financial income | 75 | €19,033 | €17,096 | -€1,937 | -10.2% |
| Income from current assets | 751 | €19,012 | €17,096 | -€1,916 | -10.1% |
| Other financial income | 752/9 | €21 | - | -€21 | |
| Financial charges | 65/66B | €304 | €350 | +€46 | +15.2% |
| Recurring financial charges | 65 | €304 | €350 | +€46 | +15.2% |
| Debt charges | 650 | - | €19 | +€19 | |
| Other financial charges | 652/9 | €304 | €331 | +€27 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€66,620 | -€248,079 | -€181,459 | -272% |
| Profit (loss) for the period | 9904 | -€66,620 | -€248,079 | -€181,459 | -272% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,620 | -€248,079 | -€181,459 | -272% |
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 22 October 2026 via checked.be.