ESPACES TOITURES: 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.
ESPACES TOITURES
Largest movements
- Tangible fixed assets -€30,970
down €30,970 (-15.7%), from €197,489 to €166,519
- Receivables within one year -€19,745
down €19,745 (-61.9%), from €31,896 to €12,151
of which Trade receivables: -€22,149
- Deferred charges and accrued income -€5,322
down €5,322 (-64.8%), from €8,215 to €2,893
- Cash +€4,849
up €4,849 (+118%), from €4,125 to €8,974
mainly Depreciation (+€31,447) and Receivables within one year (+€19,745)
- Debts after one year -€27,134
down €27,134 (-18.8%), from €143,954 to €116,820
- Profit (loss) carried forward -€26,528
down €26,528, from €7,527 to -€19,000
- Other debts +€5,362
up €5,362 (+57.9%), from €9,253 to €14,615
- Gross operating margin -€57,187
down €57,187 (-47.3%), from €120,830 to €63,643
- Staff costs -€18,667
down €18,667 (-26.0%), from €71,798 to €53,131
- Financial income -€1,960
down €1,960 (-100.0%), from €1,960 to €1
- Taxes -€1,819
down €1,819 (-100%), from €1,819 to €0
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 | €248,839 | €195,708 | -€53,132 | -21.4% |
| Fixed assets | 21/28 | €197,737 | €166,767 | -€30,970 | -15.7% |
| Tangible fixed assets | 22/27 | €197,489 | €166,519 | -€30,970 | -15.7% |
| Land and buildings | 22 | €149,921 | €137,626 | -€12,295 | -8.2% |
| Plant, machinery and equipment | 23 | €40,548 | €27,110 | -€13,438 | -33.1% |
| Furniture and vehicles | 24 | €7,020 | €1,783 | -€5,237 | -74.6% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €51,102 | €28,941 | -€22,161 | -43.4% |
| Stocks and contracts in progress | 3 | €6,866 | €4,923 | -€1,944 | -28.3% |
| Stocks | 30/36 | €6,866 | €4,923 | -€1,944 | -28.3% |
| Amounts receivable within one year | 40/41 | €31,896 | €12,151 | -€19,745 | -61.9% |
| Trade receivables | 40 | €30,923 | €8,774 | -€22,149 | -71.6% |
| Other amounts receivable | 41 | €973 | €3,377 | +€2,404 | +247% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,125 | €8,974 | +€4,849 | +118% |
| Deferred charges and accrued income | 490/1 | €8,215 | €2,893 | -€5,322 | -64.8% |
| Total equity and liabilities | 10/49 | €248,839 | €195,708 | -€53,132 | -21.4% |
| Equity | 10/15 | €46,122 | €19,594 | -€26,528 | -57.5% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €25,995 | €25,995 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €25,995 | €25,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,527 | -€19,000 | -€26,528 | |
| Amounts payable | 17/49 | €202,718 | €176,113 | -€26,604 | -13.1% |
| Amounts payable after more than one year | 17 | €143,954 | €116,820 | -€27,134 | -18.8% |
| Financial debts | 170/4 | €143,954 | €116,820 | -€27,134 | -18.8% |
| Amounts payable within one year | 42/48 | €58,763 | €59,232 | +€469 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €28,721 | €27,134 | -€1,587 | -5.5% |
| Trade debts | 44 | €14,354 | €11,868 | -€2,487 | -17.3% |
| Suppliers | 440/4 | €14,354 | €11,868 | -€2,487 | -17.3% |
| Taxes, remuneration and social security | 45 | €6,435 | €5,615 | -€819 | -12.7% |
| Taxes | 450/3 | €1,819 | €0 | -€1,819 | -100% |
| Remuneration and social security | 454/9 | €4,616 | €5,615 | +€999 | +21.7% |
| Other amounts payable | 47/48 | €9,253 | €14,615 | +€5,362 | +57.9% |
| Accrued charges and deferred income | 492/3 | - | €61 | +€61 | |
| Remuneration, social security and pensions | 62 | €71,798 | €53,131 | -€18,667 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,619 | €31,447 | -€1,172 | -3.6% |
| Other operating charges | 640/8 | €1,764 | €1,762 | -€2 | -0.1% |
| Gross operating margin | 9900 | €120,830 | €63,643 | -€57,187 | -47.3% |
| Operating profit (loss) | 9901 | €14,650 | -€22,696 | -€37,346 | |
| Financial income | 75/76B | €1,960 | €1 | -€1,960 | -100.0% |
| Recurring financial income | 75 | €1,960 | €1 | -€1,960 | -100.0% |
| Financial charges | 65/66B | €4,531 | €3,832 | -€699 | -15.4% |
| Recurring financial charges | 65 | €4,531 | €3,832 | -€699 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €12,079 | -€26,528 | -€38,607 | |
| Income taxes | 67/77 | €1,819 | €0 | -€1,819 | -100% |
| Profit (loss) for the period | 9904 | €10,260 | -€26,528 | -€36,788 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,260 | -€26,528 | -€36,788 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.