EUSPACE: 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.
EUSPACE
Largest movements
- Current investments -€42,310
no longer reported in 2025 (was €42,310)
- Cash +€41,013
up €41,013 (+30.4%), from €135,092 to €176,105
mainly Net result for the year (+€67,224) and Current investments (+€42,310)
- Debts after one year -€69,239
down €69,239 (-24.6%), from €281,137 to €211,898
- Reserves +€67,224
up €67,224 (+25.1%), from €268,323 to €335,548
of which Distributable reserves: +€106,173
- Financial charges -€564
down €564 (-15.2%), from €3,696 to €3,133
- Gross operating margin -€57
down €57 (-1.7%), from -€3,452 to -€3,509
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 | €869,926 | €868,629 | -€1,297 | -0.1% |
| Fixed assets | 21/28 | €692,524 | €692,524 | = | 0.0% |
| Financial fixed assets | 28 | €692,524 | €692,524 | = | 0.0% |
| Current assets | 29/58 | €177,402 | €176,105 | -€1,297 | -0.7% |
| Current investments | 50/53 | €42,310 | - | -€42,310 | |
| Cash at bank and in hand | 54/58 | €135,092 | €176,105 | +€41,013 | +30.4% |
| Total equity and liabilities | 10/49 | €869,926 | €868,629 | -€1,297 | -0.1% |
| Equity | 10/15 | €515,703 | €582,928 | +€67,224 | +13.0% |
| Contributions | 10/11 | €247,380 | €247,380 | = | 0.0% |
| Capital | 10 | €247,380 | €247,380 | = | 0.0% |
| Issued capital | 100 | €247,380 | €247,380 | = | 0.0% |
| Reserves | 13 | €268,323 | €335,548 | +€67,224 | +25.1% |
| Non-distributable reserves | 130/1 | €58,989 | €20,040 | -€38,949 | -66.0% |
| Legal reserve | 130 | €16,679 | €20,040 | +€3,361 | +20.2% |
| Own shares acquired | 1312 | €42,310 | - | -€42,310 | |
| Distributable reserves | 133 | €209,335 | €315,508 | +€106,173 | +50.7% |
| Amounts payable | 17/49 | €354,222 | €285,701 | -€68,521 | -19.3% |
| Amounts payable after more than one year | 17 | €281,137 | €211,898 | -€69,239 | -24.6% |
| Financial debts | 170/4 | €281,137 | €211,898 | -€69,239 | -24.6% |
| Amounts payable within one year | 42/48 | €69,880 | €71,226 | +€1,346 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €68,553 | €69,239 | +€686 | +1.0% |
| Trade debts | 44 | €1,327 | €1,987 | +€660 | +49.7% |
| Suppliers | 440/4 | €1,327 | €1,987 | +€660 | +49.7% |
| Accrued charges and deferred income | 492/3 | €3,205 | €2,577 | -€628 | -19.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€3,452 | -€3,509 | -€57 | -1.7% |
| Operating profit (loss) | 9901 | -€4,420 | -€4,508 | -€88 | -2.0% |
| Financial income | 75/76B | €74,865 | €74,865 | = | 0.0% |
| Recurring financial income | 75 | €74,865 | €74,865 | = | 0.0% |
| Financial charges | 65/66B | €3,696 | €3,133 | -€564 | -15.2% |
| Recurring financial charges | 65 | €3,696 | €3,133 | -€564 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €66,749 | €67,224 | +€475 | +0.7% |
| Profit (loss) for the period | 9904 | €66,749 | €67,224 | +€475 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,749 | €67,224 | +€475 | +0.7% |
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 28 September 2026 via checked.be.