EURO SPACES: 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.
EURO SPACES
Largest movements
- Receivables within one year -€8,512
down €8,512 (-52.1%), from €16,324 to €7,812
of which Trade receivables: -€8,527
- Cash +€593
up €593 (+74.1%), from €800 to €1,393
mainly Other debts (+€20,749) and Receivables within one year (+€8,512)
- Tax, wage and social debts -€31,316
down €31,316 (-72.9%), from €42,977 to €11,661
- Other debts +€20,749
up €20,749 (+112%), from €18,585 to €39,334
- Profit (loss) carried forward +€4,313
up €4,313 (+6.3%), from -€67,958 to -€63,645
- Trade debts -€1,784
down €1,784 (-35.3%), from €5,046 to €3,262
- Gross operating margin -€24,470
down €24,470 (-57.6%), from €42,479 to €18,009
- Taxes -€6,944
down €6,944 (-56.0%), from €12,404 to €5,460
- Financial charges +€3,935
up €3,935 (+126%), from €3,120 to €7,055
- Other operating charges -€2,005
down €2,005 (-62.9%), from €3,186 to €1,181
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,242 | €9,204 | -€8,038 | -46.6% |
| Current assets | 29/58 | €17,242 | €9,204 | -€8,038 | -46.6% |
| Amounts receivable within one year | 40/41 | €16,324 | €7,812 | -€8,512 | -52.1% |
| Trade receivables | 40 | €16,155 | €7,628 | -€8,527 | -52.8% |
| Other amounts receivable | 41 | €168 | €183 | +€15 | +8.7% |
| Cash at bank and in hand | 54/58 | €800 | €1,393 | +€593 | +74.1% |
| Deferred charges and accrued income | 490/1 | €118 | - | -€118 | |
| Total equity and liabilities | 10/49 | €17,242 | €9,204 | -€8,038 | -46.6% |
| Equity | 10/15 | -€49,366 | -€45,053 | +€4,313 | +8.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,958 | -€63,645 | +€4,313 | +6.3% |
| Amounts payable | 17/49 | €66,608 | €54,257 | -€12,351 | -18.5% |
| Amounts payable within one year | 42/48 | €66,608 | €54,257 | -€12,351 | -18.5% |
| Trade debts | 44 | €5,046 | €3,262 | -€1,784 | -35.3% |
| Suppliers | 440/4 | €5,046 | €3,262 | -€1,784 | -35.3% |
| Taxes, remuneration and social security | 45 | €42,977 | €11,661 | -€31,316 | -72.9% |
| Taxes | 450/3 | €42,977 | €11,661 | -€31,316 | -72.9% |
| Other amounts payable | 47/48 | €18,585 | €39,334 | +€20,749 | +112% |
| Other operating charges | 640/8 | €3,186 | €1,181 | -€2,005 | -62.9% |
| Gross operating margin | 9900 | €42,479 | €18,009 | -€24,470 | -57.6% |
| Operating profit (loss) | 9901 | €39,293 | €16,828 | -€22,465 | -57.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,120 | €7,055 | +€3,935 | +126% |
| Recurring financial charges | 65 | €3,120 | €7,055 | +€3,935 | +126% |
| Profit (loss) for the period before taxes | 9903 | €36,173 | €9,773 | -€26,400 | -73.0% |
| Income taxes | 67/77 | €12,404 | €5,460 | -€6,944 | -56.0% |
| Profit (loss) for the period | 9904 | €23,770 | €4,313 | -€19,457 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,770 | €4,313 | -€19,457 | -81.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.