TANGHE ESPACE VERT: 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.
TANGHE ESPACE VERT
Largest movements
- Tangible fixed assets -€19,337
down €19,337 (-45.1%), from €42,922 to €23,585
of which Furniture and vehicles: -€11,338
- Cash +€16,586
up €16,586 (+264%), from €6,279 to €22,866
mainly Depreciation (+€10,611) and Investment in fixed assets (net) (+€8,727)
- Receivables within one year -€2,542
down €2,542 (-10.6%), from €24,009 to €21,467
of which Other amounts receivable: -€1,992
- Deferred charges and accrued income +€745
up €745 (+199%), from €374 to €1,119
- Debts after one year -€7,034
down €7,034 (-39.7%), from €17,716 to €10,683
- Profit (loss) carried forward -€3,248
down €3,248 (-7.1%), from €45,522 to €42,274
- Trade debts +€2,666
new in 2025: €2,666
- Tax, wage and social debts +€2,232
up €2,232 (+2,194%), from €102 to €2,333
- Short-term financial debts +€1,081
new in 2025: €1,081
- Depreciation -€8,500
down €8,500 (-44.5%), from €19,110 to €10,611
- Gross operating margin -€6,759
down €6,759 (-24.0%), from €28,113 to €21,354
- Taxes +€3,524
up €3,524 (+147%), from €2,400 to €5,924
- Other operating charges -€525
down €525 (-12.4%), from €4,239 to €3,714
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 | €73,585 | €69,037 | -€4,548 | -6.2% |
| Fixed assets | 21/28 | €42,922 | €23,585 | -€19,337 | -45.1% |
| Tangible fixed assets | 22/27 | €42,922 | €23,585 | -€19,337 | -45.1% |
| Furniture and vehicles | 24 | €16,381 | €5,043 | -€11,338 | -69.2% |
| Leasing and similar rights | 25 | €26,541 | €18,542 | -€7,999 | -30.1% |
| Current assets | 29/58 | €30,663 | €45,452 | +€14,789 | +48.2% |
| Amounts receivable within one year | 40/41 | €24,009 | €21,467 | -€2,542 | -10.6% |
| Trade receivables | 40 | €1,172 | €622 | -€550 | -46.9% |
| Other amounts receivable | 41 | €22,837 | €20,846 | -€1,992 | -8.7% |
| Cash at bank and in hand | 54/58 | €6,279 | €22,866 | +€16,586 | +264% |
| Deferred charges and accrued income | 490/1 | €374 | €1,119 | +€745 | +199% |
| Total equity and liabilities | 10/49 | €73,585 | €69,037 | -€4,548 | -6.2% |
| Equity | 10/15 | €48,522 | €45,274 | -€3,248 | -6.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,522 | €42,274 | -€3,248 | -7.1% |
| Amounts payable | 17/49 | €25,063 | €23,763 | -€1,300 | -5.2% |
| Amounts payable after more than one year | 17 | €17,716 | €10,683 | -€7,034 | -39.7% |
| Financial debts | 170/4 | €17,716 | €10,683 | -€7,034 | -39.7% |
| Amounts payable within one year | 42/48 | €7,347 | €13,080 | +€5,734 | +78.0% |
| Current portion of amounts payable after more than one year | 42 | €7,245 | €7,000 | -€244 | -3.4% |
| Financial debts | 43 | - | €1,081 | +€1,081 | |
| Credit institutions | 430/8 | - | €1,081 | +€1,081 | |
| Trade debts | 44 | - | €2,666 | +€2,666 | |
| Suppliers | 440/4 | - | €2,666 | +€2,666 | |
| Taxes, remuneration and social security | 45 | €102 | €2,333 | +€2,232 | +2,194% |
| Taxes | 450/3 | €102 | €2,333 | +€2,232 | +2,194% |
| Remuneration, social security and pensions | 62 | €1,584 | €1,575 | -€9 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,110 | €10,611 | -€8,500 | -44.5% |
| Other operating charges | 640/8 | €4,239 | €3,714 | -€525 | -12.4% |
| Non-recurring operating charges | 66A | €369 | - | -€369 | |
| Gross operating margin | 9900 | €28,113 | €21,354 | -€6,759 | -24.0% |
| Operating profit (loss) | 9901 | €2,810 | €5,453 | +€2,644 | +94.1% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.7% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.7% |
| Financial charges | 65/66B | €2,954 | €2,778 | -€176 | -6.0% |
| Recurring financial charges | 65 | €2,954 | €2,778 | -€176 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€132 | €2,675 | +€2,807 | |
| Income taxes | 67/77 | €2,400 | €5,924 | +€3,524 | +147% |
| Profit (loss) for the period | 9904 | -€2,532 | -€3,248 | -€716 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,532 | -€3,248 | -€716 | -28.3% |
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 24 October 2026 via checked.be.