Space Group: 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.
Space Group
Largest movements
- Cash -€14,336
down €14,336 (-99.2%), from €14,451 to €115
mainly Receivables within one year (-€6,353) and Tax, wage and social debts (-€4,482)
- Receivables within one year +€6,353
up €6,353 (+2,120%), from €300 to €6,653
of which Other amounts receivable: +€5,898
- Tangible fixed assets +€465
up €465 (+45.8%), from €1,016 to €1,481
- Tax, wage and social debts -€4,482
no longer reported in 2024 (was €4,482)
- Profit (loss) carried forward -€2,015
down €2,015 (-19.7%), from €10,207 to €8,193
- Other debts -€560
no longer reported in 2024 (was €560)
- Trade debts -€312
down €312 (-60.4%), from €517 to €205
- Purchases and services +€17,877
new in 2024: €17,877
- Gross operating margin -€16,337
down €16,337, from €15,917 to -€421
- Taxes -€3,338
no longer reported in 2024 (was €3,338)
- Depreciation +€525
up €525 (+56,408%), from €1 to €526
- Other operating charges -€422
down €422 (-27.6%), from €1,530 to €1,108
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,767 | €8,398 | -€7,369 | -46.7% |
| Fixed assets | 21/28 | €1,016 | €1,481 | +€465 | +45.8% |
| Tangible fixed assets | 22/27 | €1,016 | €1,481 | +€465 | +45.8% |
| Furniture and vehicles | 24 | €1,016 | €1,481 | +€465 | +45.8% |
| Current assets | 29/58 | €14,751 | €6,917 | -€7,834 | -53.1% |
| Amounts receivable within one year | 40/41 | €300 | €6,653 | +€6,353 | +2,120% |
| Trade receivables | 40 | - | €455 | +€455 | |
| Other amounts receivable | 41 | €300 | €6,197 | +€5,898 | +1,968% |
| Cash at bank and in hand | 54/58 | €14,451 | €115 | -€14,336 | -99.2% |
| Deferred charges and accrued income | 490/1 | - | €149 | +€149 | |
| Total equity and liabilities | 10/49 | €15,767 | €8,398 | -€7,369 | -46.7% |
| Equity | 10/15 | €10,207 | €8,193 | -€2,015 | -19.7% |
| Profit (loss) carried forward | 14 | €10,207 | €8,193 | -€2,015 | -19.7% |
| Amounts payable | 17/49 | €5,559 | €205 | -€5,354 | -96.3% |
| Amounts payable within one year | 42/48 | €5,559 | €205 | -€5,354 | -96.3% |
| Trade debts | 44 | €517 | €205 | -€312 | -60.4% |
| Suppliers | 440/4 | €517 | €205 | -€312 | -60.4% |
| Taxes, remuneration and social security | 45 | €4,482 | - | -€4,482 | |
| Taxes | 450/3 | €4,482 | - | -€4,482 | |
| Other amounts payable | 47/48 | €560 | - | -€560 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,877 | +€17,877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €526 | +€525 | +56,408% |
| Other operating charges | 640/8 | €1,530 | €1,108 | -€422 | -27.6% |
| Gross operating margin | 9900 | €15,917 | -€421 | -€16,337 | |
| Operating profit (loss) | 9901 | €14,386 | -€2,054 | -€16,440 | |
| Financial income | 75/76B | - | €166 | +€166 | |
| Recurring financial income | 75 | - | €166 | +€166 | |
| Financial charges | 65/66B | €41 | €126 | +€86 | +211% |
| Recurring financial charges | 65 | €41 | €126 | +€86 | +211% |
| Profit (loss) for the period before taxes | 9903 | €14,345 | -€2,015 | -€16,360 | |
| Income taxes | 67/77 | €3,338 | - | -€3,338 | |
| Profit (loss) for the period | 9904 | €11,007 | -€2,015 | -€13,022 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,007 | -€2,015 | -€13,022 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.