L'ESPACE MORPHOSIS - ESPACE MORPHOSIS: 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.
What changed
L'ESPACE MORPHOSIS - ESPACE MORPHOSIS
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€17,415
2024 · -€16,305-€1,110
Equity
€3.4m
2024 · €3.4m-€17,415
Cash
€1
2024 · €1
Balance sheet total
€5.1m
2024 · €5.2m-€85,532
Largest movements
Assets
- Tangible fixed assets -€82,613
down €82,613 (-1.6%), from €5.1m to €5.0m
of which Land and buildings: -€80,904
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Depreciation -€5,333
down €5,333 (-6.1%), from €87,946 to €82,613
- Gross operating margin -€4,796
down €4,796 (-2.9%), from €164,401 to €159,605
- Other operating charges +€3,541
up €3,541 (+7.6%), from €46,742 to €50,282
- Financial charges -€3,113
down €3,113 (-4.9%), from €63,919 to €60,806
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.
Result 2024
-€16,305
Gross operating margin
-€4,796
Depreciation
+€5,333
Other operating charges
-€3,541
Financial income
-€1,219
Financial charges
+€3,113
Result 2025
-€17,415
raises the resultlowers the result
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.
From operations
+€13,388
Investment
€0
Financing
-€13,388
Cash 2024
€1
From operations (derived)
+€13,388
Net result for the year
-€17,415
Depreciation
+€82,613
Receivables within one year
+€2,918
Provisions
-€13,729
Trade debts
-€38,179
Tax, wage and social debts
-€2,821
Financing
-€13,388
Debts after one year
-€5,292
Current portion of long-term debt
-€2,529
Short-term financial debts
-€5,567
Cash 2025
€1
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,191,294 | €5,105,762 | -€85,532 | -1.6% |
| Fixed assets | 21/28 | €5,078,557 | €4,995,943 | -€82,613 | -1.6% |
| Tangible fixed assets | 22/27 | €5,078,557 | €4,995,943 | -€82,613 | -1.6% |
| Land and buildings | 22 | €5,076,496 | €4,995,593 | -€80,904 | -1.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,060 | €350 | -€1,710 | -83.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €112,737 | €109,819 | -€2,918 | -2.6% |
| Amounts receivable within one year | 40/41 | €112,737 | €109,818 | -€2,918 | -2.6% |
| Trade receivables | 40 | €63,526 | €62,350 | -€1,177 | -1.9% |
| Other amounts receivable | 41 | €49,210 | €47,469 | -€1,742 | -3.5% |
| Cash at bank and in hand | 54/58 | €1 | €1 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €5,191,294 | €5,105,762 | -€85,532 | -1.6% |
| Equity | 10/15 | €3,434,277 | €3,416,862 | -€17,415 | -0.5% |
| 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% |
| Revaluation surpluses | 12 | €3,750,000 | €3,750,000 | = | 0.0% |
| Reserves | 13 | €626,561 | €585,374 | -€41,188 | -6.6% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €605,913 | €564,726 | -€41,188 | -6.8% |
| Distributable reserves | 133 | €4,648 | €4,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,004,284 | -€980,512 | +€23,772 | +2.4% |
| Provisions and deferred taxes | 16 | €201,971 | €188,242 | -€13,729 | -6.8% |
| Deferred taxes | 168 | €201,971 | €188,242 | -€13,729 | -6.8% |
| Amounts payable | 17/49 | €1,555,046 | €1,500,658 | -€54,387 | -3.5% |
| Amounts payable after more than one year | 17 | €1,413,014 | €1,407,722 | -€5,292 | -0.4% |
| Financial debts | 170/4 | €1,393,436 | €1,387,436 | -€6,000 | -0.4% |
| Other amounts payable | 178/9 | €19,578 | €20,286 | +€708 | +3.6% |
| Amounts payable within one year | 42/48 | €142,032 | €92,936 | -€49,096 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €46,355 | €43,826 | -€2,529 | -5.5% |
| Financial debts | 43 | €22,576 | €17,009 | -€5,567 | -24.7% |
| Credit institutions | 430/8 | €22,576 | €17,009 | -€5,567 | -24.7% |
| Trade debts | 44 | €64,036 | €25,857 | -€38,179 | -59.6% |
| Suppliers | 440/4 | €64,036 | €25,857 | -€38,179 | -59.6% |
| Taxes, remuneration and social security | 45 | €9,065 | €6,244 | -€2,821 | -31.1% |
| Taxes | 450/3 | €9,065 | €6,244 | -€2,821 | -31.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €580 | +€580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,946 | €82,613 | -€5,333 | -6.1% |
| Other operating charges | 640/8 | €46,742 | €50,282 | +€3,541 | +7.6% |
| Gross operating margin | 9900 | €164,401 | €159,605 | -€4,796 | -2.9% |
| Operating profit (loss) | 9901 | €29,713 | €26,710 | -€3,004 | -10.1% |
| Financial income | 75/76B | €4,171 | €2,952 | -€1,219 | -29.2% |
| Recurring financial income | 75 | €4,171 | €2,952 | -€1,219 | -29.2% |
| Financial charges | 65/66B | €63,919 | €60,806 | -€3,113 | -4.9% |
| Recurring financial charges | 65 | €63,919 | €60,806 | -€3,113 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,035 | -€31,144 | -€1,110 | -3.7% |
| Transfer from deferred taxes | 780 | €13,729 | €13,729 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€16,305 | -€17,415 | -€1,110 | -6.8% |
| Transfer from tax-exempt reserves | 789 | €41,188 | €41,188 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,882 | €23,772 | -€1,110 | -4.5% |
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 31 October 2026 via checked.be.