SPACE GRIP: 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 GRIP
Largest movements
- Cash -€11,815
down €11,815 (-30.9%), from €38,229 to €26,414
mainly Investment in fixed assets (net) (-€11,592) and Tax, wage and social debts (-€10,551)
- Receivables within one year -€9,343
down €9,343 (-38.6%), from €24,189 to €14,847
of which Trade receivables: -€6,429
- Tangible fixed assets +€6,178
up €6,178 (+39.5%), from €15,659 to €21,838
- Deferred charges and accrued income +€984
up €984 (+296.5%), from €332 to €1,316
- Tax, wage and social debts -€10,551
down €10,551 (-72.3%), from €14,600 to €4,050
- Profit (loss) carried forward -€3,374
down €3,374 (-9.9%), from €34,131 to €30,757
- Other debts -€1,037
down €1,037 (-5.5%), from €18,784 to €17,747
- Trade debts +€966
up €966 (+55.0%), from €1,755 to €2,721
- Gross operating margin -€33,359
down €33,359 (-86.8%), from €38,411 to €5,052
- Taxes -€7,173
down €7,173 (-93.8%), from €7,647 to €474
- Depreciation +€2,950
up €2,950 (+119.7%), from €2,464 to €5,414
- Other operating charges +€1,833
up €1,833 (+316.1%), from €580 to €2,413
- Write-downs -€1,587
no longer reported in 2025 (was €1,587)
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 | €79,270 | €65,274 | -€13,995 | -17.7% |
| Fixed assets | 21/28 | €16,519 | €22,698 | +€6,178 | +37.4% |
| Tangible fixed assets | 22/27 | €15,659 | €21,838 | +€6,178 | +39.5% |
| Furniture and vehicles | 24 | €15,659 | €21,838 | +€6,178 | +39.5% |
| Financial fixed assets | 28 | €860 | €860 | = | 0.0% |
| Current assets | 29/58 | €62,750 | €42,577 | -€20,174 | -32.1% |
| Amounts receivable within one year | 40/41 | €24,189 | €14,847 | -€9,343 | -38.6% |
| Trade receivables | 40 | €20,669 | €14,240 | -€6,429 | -31.1% |
| Other amounts receivable | 41 | €3,521 | €607 | -€2,914 | -82.8% |
| Cash at bank and in hand | 54/58 | €38,229 | €26,414 | -€11,815 | -30.9% |
| Deferred charges and accrued income | 490/1 | €332 | €1,316 | +€984 | +296.5% |
| Total equity and liabilities | 10/49 | €79,270 | €65,274 | -€13,995 | -17.7% |
| Equity | 10/15 | €44,131 | €40,757 | -€3,374 | -7.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,131 | €30,757 | -€3,374 | -9.9% |
| Amounts payable | 17/49 | €35,139 | €24,517 | -€10,621 | -30.2% |
| Amounts payable within one year | 42/48 | €35,139 | €24,517 | -€10,621 | -30.2% |
| Trade debts | 44 | €1,755 | €2,721 | +€966 | +55.0% |
| Suppliers | 440/4 | €1,755 | €2,721 | +€966 | +55.0% |
| Taxes, remuneration and social security | 45 | €14,600 | €4,050 | -€10,551 | -72.3% |
| Taxes | 450/3 | €14,600 | €4,050 | -€10,551 | -72.3% |
| Other amounts payable | 47/48 | €18,784 | €17,747 | -€1,037 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,464 | €5,414 | +€2,950 | +119.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,587 | - | -€1,587 | |
| Other operating charges | 640/8 | €580 | €2,413 | +€1,833 | +316.1% |
| Gross operating margin | 9900 | €38,411 | €5,052 | -€33,359 | -86.8% |
| Operating profit (loss) | 9901 | €33,780 | -€2,775 | -€36,555 | |
| Financial income | 75/76B | €22 | €0 | -€22 | -99.1% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -99.1% |
| Financial charges | 65/66B | €124 | €125 | +€1 | +0.7% |
| Recurring financial charges | 65 | €124 | €125 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €33,678 | -€2,900 | -€36,578 | |
| Income taxes | 67/77 | €7,647 | €474 | -€7,173 | -93.8% |
| Profit (loss) for the period | 9904 | €26,031 | -€3,374 | -€29,405 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,031 | -€3,374 | -€29,405 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.