NEW ESPACE PLUS: 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.
NEW ESPACE PLUS
Largest movements
- Tangible fixed assets +€19,557
up €19,557 (+39.0%), from €50,090 to €69,647
of which Furniture and vehicles: +€12,666
- Receivables within one year +€18,410
up €18,410 (+101.9%), from €18,072 to €36,481
of which Trade receivables: +€19,370
- Cash +€6,164
up €6,164 (+16.6%), from €37,199 to €43,363
mainly Debts after one year (+€20,917) and Trade debts (+€17,418)
- Deferred charges and accrued income -€1,582
down €1,582 (-24.5%), from €6,452 to €4,870
- Debts after one year +€20,917
up €20,917 (+93.9%), from €22,278 to €43,194
- Trade debts +€17,418
up €17,418 (+197.9%), from €8,801 to €26,219
- Accrued charges and deferred income +€4,435
up €4,435 (+33.4%), from €13,263 to €17,698
- Reserves +€1,745
up €1,745 (+19.2%), from €9,086 to €10,830
of which Distributable reserves: +€1,745
- Gross operating margin -€7,061
down €7,061 (-23.4%), from €30,160 to €23,099
- Depreciation -€5,792
down €5,792 (-26.2%), from €22,083 to €16,291
- Staff costs -€3,367
no longer reported in 2025 (was €3,367)
- Financial charges +€1,278
up €1,278 (+67.2%), from €1,901 to €3,179
of which Financial charges: +€829
- Financial income +€440
up €440 (+150.5%), from €292 to €732
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 | €111,813 | €154,361 | +€42,548 | +38.1% |
| Fixed assets | 21/28 | €50,090 | €69,647 | +€19,557 | +39.0% |
| Tangible fixed assets | 22/27 | €50,090 | €69,647 | +€19,557 | +39.0% |
| Furniture and vehicles | 24 | €33,254 | €45,920 | +€12,666 | +38.1% |
| Leasing and similar rights | 25 | €13,321 | €20,407 | +€7,086 | +53.2% |
| Other tangible fixed assets | 26 | €3,516 | €3,320 | -€196 | -5.6% |
| Current assets | 29/58 | €61,722 | €84,714 | +€22,992 | +37.3% |
| Amounts receivable within one year | 40/41 | €18,072 | €36,481 | +€18,410 | +101.9% |
| Trade receivables | 40 | €4,504 | €23,874 | +€19,370 | +430.0% |
| Other amounts receivable | 41 | €13,567 | €12,607 | -€960 | -7.1% |
| Cash at bank and in hand | 54/58 | €37,199 | €43,363 | +€6,164 | +16.6% |
| Deferred charges and accrued income | 490/1 | €6,452 | €4,870 | -€1,582 | -24.5% |
| Total equity and liabilities | 10/49 | €111,813 | €154,361 | +€42,548 | +38.1% |
| Equity | 10/15 | €47,277 | €48,189 | +€912 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,086 | €10,830 | +€1,745 | +19.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,226 | €8,970 | +€1,745 | +24.1% |
| Profit (loss) carried forward | 14 | €19,592 | €18,759 | -€833 | -4.3% |
| Amounts payable | 17/49 | €64,535 | €106,172 | +€41,636 | +64.5% |
| Amounts payable after more than one year | 17 | €22,278 | €43,194 | +€20,917 | +93.9% |
| Financial debts | 170/4 | €22,278 | €43,194 | +€20,917 | +93.9% |
| Amounts payable within one year | 42/48 | €28,994 | €45,279 | +€16,285 | +56.2% |
| Current portion of amounts payable after more than one year | 42 | €17,879 | €17,076 | -€804 | -4.5% |
| Trade debts | 44 | €8,801 | €26,219 | +€17,418 | +197.9% |
| Suppliers | 440/4 | €8,801 | €26,219 | +€17,418 | +197.9% |
| Taxes, remuneration and social security | 45 | €2,314 | €1,152 | -€1,163 | -50.2% |
| Taxes | 450/3 | €2,022 | €1,152 | -€871 | -43.1% |
| Remuneration and social security | 454/9 | €292 | - | -€292 | |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | €13,263 | €17,698 | +€4,435 | +33.4% |
| Remuneration, social security and pensions | 62 | €3,367 | - | -€3,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,083 | €16,291 | -€5,792 | -26.2% |
| Other operating charges | 640/8 | €1,139 | €1,466 | +€327 | +28.7% |
| Non-recurring operating charges | 66A | €834 | - | -€834 | |
| Gross operating margin | 9900 | €30,160 | €23,099 | -€7,061 | -23.4% |
| Operating profit (loss) | 9901 | €2,737 | €5,343 | +€2,605 | +95.2% |
| Financial income | 75/76B | €292 | €732 | +€440 | +150.5% |
| Recurring financial income | 75 | €292 | €732 | +€440 | +150.5% |
| Financial charges | 65/66B | €1,901 | €3,179 | +€1,278 | +67.2% |
| Recurring financial charges | 65 | €1,901 | €2,730 | +€829 | +43.6% |
| Non-recurring financial charges | 66B | - | €449 | +€449 | |
| Profit (loss) for the period before taxes | 9903 | €1,129 | €2,896 | +€1,768 | +156.6% |
| Income taxes | 67/77 | €1,039 | €1,152 | +€112 | +10.8% |
| Profit (loss) for the period | 9904 | €90 | €1,745 | +€1,655 | +1847.3% |
| Profit (loss) for the period to be appropriated | 9905 | €90 | €1,745 | +€1,655 | +1847.3% |
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 9 October 2026 via checked.be.