ESPACES IMMO: 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.
ESPACES IMMO
Largest movements
- Cash -€2,941
down €2,941 (-97.9%), from €3,003 to €62
mainly Receivables within one year (-€2,085) and Trade debts (-€1,770)
- Receivables within one year +€2,085
up €2,085 (+6.2%), from €33,649 to €35,735
of which Other amounts receivable: +€6,075
- Deferred charges and accrued income +€1,500
up €1,500 (+919.5%), from €163 to €1,663
- Profit (loss) carried forward +€2,669
up €2,669 (+25.7%), from €10,377 to €13,046
- Trade debts -€1,770
down €1,770 (-100.0%), from €1,770 to €0
- Gross operating margin -€12,150
down €12,150 (-71.6%), from €16,973 to €4,823
- Depreciation -€5,251
down €5,251 (-84.7%), from €6,201 to €950
- Taxes -€974
down €974 (-80.8%), from €1,205 to €231
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 | €144,997 | €144,691 | -€306 | -0.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €108,130 | €107,180 | -€950 | -0.9% |
| Tangible fixed assets | 22/27 | €108,130 | €107,180 | -€950 | -0.9% |
| Land and buildings | 22 | €108,130 | €107,180 | -€950 | -0.9% |
| Current assets | 29/58 | €36,867 | €37,511 | +€644 | +1.7% |
| Amounts receivable within one year | 40/41 | €33,649 | €35,735 | +€2,085 | +6.2% |
| Trade receivables | 40 | €12,150 | €8,160 | -€3,990 | -32.8% |
| Other amounts receivable | 41 | €21,499 | €27,575 | +€6,075 | +28.3% |
| Current investments | 50/53 | €52 | €52 | -€0 | -0.3% |
| Cash at bank and in hand | 54/58 | €3,003 | €62 | -€2,941 | -97.9% |
| Deferred charges and accrued income | 490/1 | €163 | €1,663 | +€1,500 | +919.5% |
| Total equity and liabilities | 10/49 | €144,997 | €144,691 | -€306 | -0.2% |
| Equity | 10/15 | €112,513 | €115,181 | +€2,669 | +2.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €40,135 | €40,135 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €33,935 | €33,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,377 | €13,046 | +€2,669 | +25.7% |
| Amounts payable | 17/49 | €32,484 | €29,510 | -€2,974 | -9.2% |
| Amounts payable within one year | 42/48 | €32,484 | €29,510 | -€2,974 | -9.2% |
| Trade debts | 44 | €1,770 | €0 | -€1,770 | -100.0% |
| Suppliers | 440/4 | €1,770 | €0 | -€1,770 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,205 | €0 | -€1,205 | -100.0% |
| Taxes | 450/3 | €1,205 | €0 | -€1,205 | -100.0% |
| Other amounts payable | 47/48 | €29,510 | €29,510 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,201 | €950 | -€5,251 | -84.7% |
| Other operating charges | 640/8 | €721 | €720 | -€0 | -0.1% |
| Gross operating margin | 9900 | €16,973 | €4,823 | -€12,150 | -71.6% |
| Operating profit (loss) | 9901 | €10,051 | €3,153 | -€6,899 | -68.6% |
| Financial charges | 65/66B | €317 | €253 | -€64 | -20.1% |
| Recurring financial charges | 65 | €317 | €253 | -€64 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €9,734 | €2,899 | -€6,835 | -70.2% |
| Income taxes | 67/77 | €1,205 | €231 | -€974 | -80.8% |
| Profit (loss) for the period | 9904 | €8,529 | €2,669 | -€5,861 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,529 | €2,669 | -€5,861 | -68.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.