SPACE CAR: 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.
SPACE CAR
Largest movements
- Tangible fixed assets -€25,823
down €25,823 (-4.8%), from €539,998 to €514,176
of which Land and buildings: -€25,085
- Advances received -€100,000
no longer reported in 2025 (was €100,000)
- Trade debts +€56,471
up €56,471 (+81.1%), from €69,612 to €126,083
- Profit (loss) carried forward +€46,393
up €46,393 (+10.1%), from -€459,187 to -€412,795
- Other debts +€44,600
up €44,600 (+63.1%), from €70,707 to €115,307
- Current portion of long-term debt -€39,459
down €39,459 (-62.9%), from €62,774 to €23,315
- Gross operating margin +€100,259
up €100,259, from -€26,122 to €74,137
- Other operating charges +€5,611
up €5,611 (+349.5%), from €1,605 to €7,216
- Financial charges -€3,785
down €3,785 (-29.3%), from €12,902 to €9,117
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 | €547,944 | €518,178 | -€29,766 | -5.4% |
| Fixed assets | 21/28 | €540,122 | €514,300 | -€25,823 | -4.8% |
| Tangible fixed assets | 22/27 | €539,998 | €514,176 | -€25,823 | -4.8% |
| Land and buildings | 22 | €537,608 | €512,523 | -€25,085 | -4.7% |
| Furniture and vehicles | 24 | €2,390 | €1,653 | -€738 | -30.9% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €7,822 | €3,878 | -€3,944 | -50.4% |
| Amounts receivable within one year | 40/41 | €959 | €1,507 | +€548 | +57.1% |
| Trade receivables | 40 | €570 | - | -€570 | |
| Other amounts receivable | 41 | €389 | €1,507 | +€1,117 | +287.0% |
| Cash at bank and in hand | 54/58 | €6,863 | €2,371 | -€4,491 | -65.4% |
| Total equity and liabilities | 10/49 | €547,944 | €518,178 | -€29,766 | -5.4% |
| Equity | 10/15 | -€222,233 | -€187,076 | +€35,157 | +15.8% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €204,954 | €193,718 | -€11,236 | -5.5% |
| Non-distributable reserves | 130/1 | €961 | €961 | = | 0.0% |
| Reserves not available under the articles | 1311 | €961 | €961 | = | 0.0% |
| Tax-exempt reserves | 132 | €203,467 | €192,231 | -€11,236 | -5.5% |
| Distributable reserves | 133 | €526 | €526 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€459,187 | -€412,795 | +€46,393 | +10.1% |
| Provisions and deferred taxes | 16 | €112,892 | €109,147 | -€3,745 | -3.3% |
| Deferred taxes | 168 | €112,892 | €109,147 | -€3,745 | -3.3% |
| Amounts payable | 17/49 | €657,284 | €596,107 | -€61,178 | -9.3% |
| Amounts payable after more than one year | 17 | €352,893 | €329,578 | -€23,315 | -6.6% |
| Financial debts | 170/4 | €352,893 | €329,578 | -€23,315 | -6.6% |
| Amounts payable within one year | 42/48 | €304,392 | €266,529 | -€37,863 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €62,774 | €23,315 | -€39,459 | -62.9% |
| Trade debts | 44 | €69,612 | €126,083 | +€56,471 | +81.1% |
| Suppliers | 440/4 | €69,612 | €126,083 | +€56,471 | +81.1% |
| Advances received on contracts in progress | 46 | €100,000 | - | -€100,000 | |
| Taxes, remuneration and social security | 45 | €1,300 | €1,825 | +€525 | +40.4% |
| Taxes | 450/3 | €1,300 | €1,825 | +€525 | +40.4% |
| Other amounts payable | 47/48 | €70,707 | €115,307 | +€44,600 | +63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,823 | €25,823 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €570 | +€570 | |
| Other operating charges | 640/8 | €1,605 | €7,216 | +€5,611 | +349.5% |
| Gross operating margin | 9900 | -€26,122 | €74,137 | +€100,259 | |
| Operating profit (loss) | 9901 | -€53,550 | €40,528 | +€94,078 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €12,902 | €9,117 | -€3,785 | -29.3% |
| Recurring financial charges | 65 | €12,902 | €9,117 | -€3,785 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | -€66,453 | €31,411 | +€97,864 | |
| Transfer from deferred taxes | 780 | €3,745 | €3,745 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€62,707 | €35,157 | +€97,864 | |
| Transfer from tax-exempt reserves | 789 | €11,236 | €11,236 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,471 | €46,393 | +€97,864 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.