L' ESPACE DE C: 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.
L' ESPACE DE C
Largest movements
- Receivables within one year -€4,873
down €4,873 (-7.1%), from €68,875 to €64,003
of which Trade receivables: -€4,604
- Cash +€2,479
up €2,479 (+178%), from €1,389 to €3,869
mainly Receivables within one year (+€4,873) and Other debts (+€1,369)
- Tax, wage and social debts -€3,235
down €3,235 (-58.6%), from €5,518 to €2,283
of which Remuneration and social security: -€4,009
- Other debts +€1,369
up €1,369 (+7.8%), from €17,555 to €18,924
- Advances received -€947
down €947 (-100%), from €947 to €0
- Gross operating margin -€413
down €413 (-15.8%), from €2,616 to €2,203
- Taxes -€234
down €234, from €203 to -€32
- Depreciation +€201
up €201 (+26.2%), from €769 to €970
- Financial charges +€121
up €121 (+73.9%), from €163 to €284
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 | €74,431 | €71,814 | -€2,616 | -3.5% |
| Fixed assets | 21/28 | €4,166 | €3,943 | -€223 | -5.4% |
| Tangible fixed assets | 22/27 | €2,636 | €2,413 | -€223 | -8.5% |
| Plant, machinery and equipment | 23 | €2,034 | €1,663 | -€371 | -18.2% |
| Furniture and vehicles | 24 | €602 | €749 | +€147 | +24.5% |
| Financial fixed assets | 28 | €1,530 | €1,530 | = | 0.0% |
| Current assets | 29/58 | €70,265 | €67,871 | -€2,393 | -3.4% |
| Amounts receivable within one year | 40/41 | €68,875 | €64,003 | -€4,873 | -7.1% |
| Trade receivables | 40 | €10,833 | €6,230 | -€4,604 | -42.5% |
| Other amounts receivable | 41 | €58,042 | €57,773 | -€269 | -0.5% |
| Cash at bank and in hand | 54/58 | €1,389 | €3,869 | +€2,479 | +178% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €74,431 | €71,814 | -€2,616 | -3.5% |
| Equity | 10/15 | €41,931 | €42,059 | +€128 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,600 | €43,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €43,600 | €43,600 | = | 0.0% |
| Other | 1319 | €43,600 | €43,600 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€20,269 | -€20,141 | +€128 | +0.6% |
| Amounts payable | 17/49 | €32,500 | €29,756 | -€2,744 | -8.4% |
| Amounts payable within one year | 42/48 | €32,500 | €29,756 | -€2,744 | -8.4% |
| Trade debts | 44 | €8,479 | €8,548 | +€69 | +0.8% |
| Suppliers | 440/4 | €8,479 | €8,548 | +€69 | +0.8% |
| Advances received on contracts in progress | 46 | €947 | €0 | -€947 | -100% |
| Taxes, remuneration and social security | 45 | €5,518 | €2,283 | -€3,235 | -58.6% |
| Taxes | 450/3 | €478 | €1,252 | +€774 | +162% |
| Remuneration and social security | 454/9 | €5,040 | €1,031 | -€4,009 | -79.5% |
| Other amounts payable | 47/48 | €17,555 | €18,924 | +€1,369 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €970 | +€201 | +26.2% |
| Other operating charges | 640/8 | €845 | €861 | +€16 | +1.9% |
| Gross operating margin | 9900 | €2,616 | €2,203 | -€413 | -15.8% |
| Operating profit (loss) | 9901 | €1,002 | €372 | -€630 | -62.9% |
| Financial income | 75/76B | €2 | €9 | +€6 | +288% |
| Recurring financial income | 75 | €2 | €9 | +€6 | +288% |
| Financial charges | 65/66B | €163 | €284 | +€121 | +73.9% |
| Recurring financial charges | 65 | €163 | €284 | +€121 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | €841 | €96 | -€744 | -88.6% |
| Income taxes | 67/77 | €203 | -€32 | -€234 | |
| Profit (loss) for the period | 9904 | €638 | €128 | -€510 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €638 | €128 | -€510 | -80.0% |
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 21 October 2026 via checked.be.