ORS- Espace Libre: 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.
ORS- Espace Libre
Largest movements
- Cash -€51,678
down €51,678 (-53.4%), from €96,759 to €45,081
mainly Receivables within one year (-€47,138) and Debts within one year (-€3,321)
- Receivables within one year +€47,138
up €47,138 (+30.7%), from €153,298 to €200,437
of which Other amounts receivable: +€46,748
- Debts within one year -€3,321
down €3,321 (-3.6%), from €92,122 to €88,801
of which Trade debts: -€4,462
- Purchases and services -€47,658
down €47,658 (-47.6%), from €100,186 to €52,528
- Gross operating margin -€36,984
down €36,984 (-4.6%), from €805,626 to €768,641
- Staff costs -€10,469
down €10,469 (-1.3%), from €775,718 to €765,249
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 | €276,392 | €273,489 | -€2,902 | -1.1% |
| Fixed assets | 21/28 | €21,640 | €20,583 | -€1,056 | -4.9% |
| Tangible fixed assets | 22/27 | €21,640 | €20,583 | -€1,056 | -4.9% |
| Land and buildings | 22 | €21,640 | €20,583 | -€1,056 | -4.9% |
| Current assets | 29/58 | €254,752 | €252,906 | -€1,846 | -0.7% |
| Amounts receivable within one year | 40/41 | €153,298 | €200,437 | +€47,138 | +30.7% |
| Trade receivables | 40 | €60 | €450 | +€390 | +650% |
| Other amounts receivable | 41 | €153,238 | €199,987 | +€46,748 | +30.5% |
| Cash at bank and in hand | 54/58 | €96,759 | €45,081 | -€51,678 | -53.4% |
| Deferred charges and accrued income | 490/1 | €4,695 | €7,388 | +€2,694 | +57.4% |
| Total equity and liabilities | 10/49 | €276,392 | €273,489 | -€2,902 | -1.1% |
| Equity | 10/15 | €157,915 | €159,002 | +€1,087 | +0.7% |
| Contributions | 10/11 | €180,081 | €180,081 | = | 0.0% |
| Capital | 10 | €180,081 | €180,081 | = | 0.0% |
| Reserves | 13 | €35,133 | €36,042 | +€909 | +2.6% |
| Profit (loss) carried forward | 14 | -€58,948 | -€57,945 | +€1,003 | +1.7% |
| Investment grants | 15 | €1,650 | €825 | -€825 | -50.0% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €93,477 | €89,487 | -€3,989 | -4.3% |
| Amounts payable within one year | 42/48 | €92,122 | €88,801 | -€3,321 | -3.6% |
| Trade debts | 44 | €7,862 | €3,399 | -€4,462 | -56.8% |
| Suppliers | 440/4 | €7,862 | €3,399 | -€4,462 | -56.8% |
| Taxes, remuneration and social security | 45 | €78,082 | €84,111 | +€6,028 | +7.7% |
| Taxes | 450/3 | €129 | - | -€129 | |
| Remuneration and social security | 454/9 | €77,953 | €84,111 | +€6,157 | +7.9% |
| Accrued charges and deferred income | 492/3 | €1,354 | €686 | -€669 | -49.4% |
| Membership fees, donations, legacies and grants | 73 | €901,793 | €816,812 | -€84,981 | -9.4% |
| Non-recurring operating income | 76A | - | €4,357 | +€4,357 | |
| Goods, raw materials, services and sundry goods | 60/61 | €100,186 | €52,528 | -€47,658 | -47.6% |
| Remuneration, social security and pensions | 62 | €775,718 | €765,249 | -€10,469 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,439 | €1,056 | -€1,383 | -56.7% |
| Other operating charges | 640/8 | €1,924 | €1,946 | +€22 | +1.2% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €805,626 | €768,641 | -€36,984 | -4.6% |
| Operating profit (loss) | 9901 | €25,495 | €391 | -€25,105 | -98.5% |
| Financial income | 75/76B | €2,860 | €2,644 | -€217 | -7.6% |
| Recurring financial income | 75 | €2,860 | €2,644 | -€217 | -7.6% |
| Financial charges | 65/66B | €342 | €329 | -€13 | -3.9% |
| Recurring financial charges | 65 | €342 | €329 | -€13 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €28,013 | €2,705 | -€25,308 | -90.3% |
| Income taxes | 67/77 | €858 | €793 | -€65 | -7.6% |
| Profit (loss) for the period | 9904 | €27,155 | €1,912 | -€25,243 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,155 | €1,912 | -€25,243 | -93.0% |
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 30 October 2026 via checked.be.