Space Cowboy: 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
Space Cowboy
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€243,745
2024 · €250,146-€6,401
Equity
-€354,545
2024 · -€598,290+€243,745
Cash
€1,350
2024 · €5,893-€4,543
Balance sheet total
€5.6m
2024 · €5.1m+€569,056
Largest movements
Assets
- Deferred charges and accrued income +€550,678
up €550,678 (+60.3%), from €913,697 to €1.5m
Equity and liabilities
- Profit (loss) carried forward +€243,745
up €243,745 (+36.7%), from -€663,468 to -€419,724
- Debts after one year +€211,900
up €211,900 (+12.2%), from €1.7m to €1.9m
- Accrued charges and deferred income +€77,329
up €77,329 (+123%), from €62,878 to €140,206
Income statement
- Gross operating margin -€42,560
down €42,560 (-134%), from -€31,787 to -€74,347
- Financial income +€29,138
up €29,138 (+5.6%), from €522,117 to €551,255
- Financial charges -€5,589
down €5,589 (-3.1%), from €182,686 to €177,097
- Depreciation -€2,302
down €2,302 (-8.2%), from €28,199 to €25,897
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
€250,146
Gross operating margin
-€42,560
Staff costs
-€712
Depreciation
+€2,302
Other operating charges
+€583
Other operating items
-€740
Financial income
+€29,138
Financial charges
+€5,589
Result 2025
€243,745
raises the resultlowers the resultnot broken down further in the accounts
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
-€164,720
Investment
-€51,723
Financing
+€211,900
Cash 2024
€5,893
From operations (derived)
-€164,720
Net result for the year
+€243,745
Depreciation
+€25,897
Receivables within one year
+€2,904
Deferred charges and accrued income
-€550,678
Trade debts
+€30,450
Tax, wage and social debts
-€3,367
Other debts
+€9,000
Accrued charges and deferred income
+€77,329
Investment (derived)
-€51,723
Investment in fixed assets (net)
-€51,723
Financing
+€211,900
Debts after one year
+€211,900
Cash 2025
€1,350
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,057,506 | €5,626,562 | +€569,056 | +11.3% |
| Fixed assets | 21/28 | €244,337 | €270,163 | +€25,826 | +10.6% |
| Tangible fixed assets | 22/27 | €243,837 | €269,663 | +€25,826 | +10.6% |
| Plant, machinery and equipment | 23 | €7,289 | €7,878 | +€589 | +8.1% |
| Furniture and vehicles | 24 | €1,029 | - | -€1,029 | |
| Other tangible fixed assets | 26 | €235,518 | €261,785 | +€26,266 | +11.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €4,813,169 | €5,356,399 | +€543,230 | +11.3% |
| Amounts receivable after more than one year | 29 | €3,850,000 | €3,850,000 | = | 0.0% |
| Other amounts receivable | 291 | €3,850,000 | €3,850,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €39,004 | €39,004 | = | 0.0% |
| Stocks | 30/36 | €39,004 | €39,004 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,575 | €1,671 | -€2,904 | -63.5% |
| Trade receivables | 40 | €4,575 | - | -€4,575 | |
| Other amounts receivable | 41 | - | €1,671 | +€1,671 | |
| Cash at bank and in hand | 54/58 | €5,893 | €1,350 | -€4,543 | -77.1% |
| Deferred charges and accrued income | 490/1 | €913,697 | €1,464,375 | +€550,678 | +60.3% |
| Total equity and liabilities | 10/49 | €5,057,506 | €5,626,562 | +€569,056 | +11.3% |
| Equity | 10/15 | -€598,290 | -€354,545 | +€243,745 | +40.7% |
| 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% |
| Reserves | 13 | €3,179 | €3,179 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,179 | €3,179 | = | 0.0% |
| Legal reserve | 130 | €3,179 | €3,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€663,468 | -€419,724 | +€243,745 | +36.7% |
| Amounts payable | 17/49 | €5,655,796 | €5,981,107 | +€325,311 | +5.8% |
| Amounts payable after more than one year | 17 | €1,737,052 | €1,948,951 | +€211,900 | +12.2% |
| Other amounts payable | 178/9 | €1,737,052 | €1,948,951 | +€211,900 | +12.2% |
| Amounts payable within one year | 42/48 | €3,855,866 | €3,891,950 | +€36,083 | +0.9% |
| Financial debts | 43 | €2,900,000 | €2,900,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,900,000 | €2,900,000 | = | 0.0% |
| Trade debts | 44 | €1,696 | €32,147 | +€30,450 | +1,795% |
| Suppliers | 440/4 | €1,696 | €32,147 | +€30,450 | +1,795% |
| Taxes, remuneration and social security | 45 | €8,170 | €4,803 | -€3,367 | -41.2% |
| Taxes | 450/3 | €3,550 | €688 | -€2,862 | -80.6% |
| Remuneration and social security | 454/9 | €4,620 | €4,114 | -€506 | -10.9% |
| Other amounts payable | 47/48 | €946,000 | €955,000 | +€9,000 | +1.0% |
| Accrued charges and deferred income | 492/3 | €62,878 | €140,206 | +€77,329 | +123% |
| Remuneration, social security and pensions | 62 | €28,461 | €29,173 | +€712 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,199 | €25,897 | -€2,302 | -8.2% |
| Other operating charges | 640/8 | €838 | €256 | -€583 | -69.5% |
| Non-recurring operating charges | 66A | - | €740 | +€740 | |
| Gross operating margin | 9900 | -€31,787 | -€74,347 | -€42,560 | -134% |
| Operating profit (loss) | 9901 | -€89,286 | -€130,413 | -€41,127 | -46.1% |
| Financial income | 75/76B | €522,117 | €551,255 | +€29,138 | +5.6% |
| Recurring financial income | 75 | €522,117 | €551,255 | +€29,138 | +5.6% |
| Financial charges | 65/66B | €182,686 | €177,097 | -€5,589 | -3.1% |
| Recurring financial charges | 65 | €182,686 | €177,097 | -€5,589 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €250,146 | €243,745 | -€6,401 | -2.6% |
| Profit (loss) for the period | 9904 | €250,146 | €243,745 | -€6,401 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €250,146 | €243,745 | -€6,401 | -2.6% |
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.