VERT L'ESPACE: 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.
VERT L'ESPACE
Largest movements
- Cash +€23,437
up €23,437 (+42.6%), from €55,007 to €78,444
mainly Depreciation (+€27,097) and Net result for the year (+€13,755)
- Intangible fixed assets -€6,908
down €6,908 (-81.6%), from €8,464 to €1,556
- Tangible fixed assets -€6,338
down €6,338 (-8.4%), from €75,216 to €68,877
of which Furniture and vehicles: -€6,970
- Stocks and contracts -€4,174
down €4,174 (-98.1%), from €4,256 to €82
- Receivables within one year +€3,127
up €3,127 (+8.3%), from €37,713 to €40,840
of which Trade receivables: +€2,788
- Profit (loss) carried forward +€13,755
up €13,755 (+49.1%), from €27,986 to €41,740
- Advances received +€13,694
new in 2024: €13,694
- Trade debts -€10,236
down €10,236 (-25.3%), from €40,426 to €30,190
- Other debts -€8,924
down €8,924 (-26.0%), from €34,371 to €25,446
- Debts after one year -€6,720
down €6,720 (-16.6%), from €40,436 to €33,716
- Gross operating margin +€23,355
up €23,355 (+84.8%), from €27,551 to €50,906
- Taxes +€4,524
up €4,524 (+434%), from €1,041 to €5,566
- Depreciation +€4,211
up €4,211 (+18.4%), from €22,886 to €27,097
- Staff costs +€2,062
new in 2024: €2,062
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 | €182,518 | €191,405 | +€8,886 | +4.9% |
| Fixed assets | 21/28 | €85,212 | €72,039 | -€13,173 | -15.5% |
| Intangible fixed assets | 21 | €8,464 | €1,556 | -€6,908 | -81.6% |
| Tangible fixed assets | 22/27 | €75,216 | €68,877 | -€6,338 | -8.4% |
| Plant, machinery and equipment | 23 | €50,147 | €50,778 | +€631 | +1.3% |
| Furniture and vehicles | 24 | €25,069 | €18,099 | -€6,970 | -27.8% |
| Financial fixed assets | 28 | €1,532 | €1,605 | +€73 | +4.8% |
| Current assets | 29/58 | €97,306 | €119,366 | +€22,060 | +22.7% |
| Stocks and contracts in progress | 3 | €4,256 | €82 | -€4,174 | -98.1% |
| Stocks | 30/36 | €4,256 | €82 | -€4,174 | -98.1% |
| Amounts receivable within one year | 40/41 | €37,713 | €40,840 | +€3,127 | +8.3% |
| Trade receivables | 40 | €37,713 | €40,501 | +€2,788 | +7.4% |
| Other amounts receivable | 41 | - | €339 | +€339 | |
| Cash at bank and in hand | 54/58 | €55,007 | €78,444 | +€23,437 | +42.6% |
| Deferred charges and accrued income | 490/1 | €331 | - | -€331 | |
| Total equity and liabilities | 10/49 | €182,518 | €191,405 | +€8,886 | +4.9% |
| Equity | 10/15 | €48,446 | €62,200 | +€13,755 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,986 | €41,740 | +€13,755 | +49.1% |
| Amounts payable | 17/49 | €134,072 | €129,204 | -€4,868 | -3.6% |
| Amounts payable after more than one year | 17 | €40,436 | €33,716 | -€6,720 | -16.6% |
| Financial debts | 170/4 | €40,436 | €33,716 | -€6,720 | -16.6% |
| Amounts payable within one year | 42/48 | €93,636 | €95,488 | +€1,852 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €17,542 | €19,100 | +€1,557 | +8.9% |
| Financial debts | 43 | €10 | €10 | = | 0.0% |
| Credit institutions | 430/8 | €10 | €10 | = | 0.0% |
| Trade debts | 44 | €40,426 | €30,190 | -€10,236 | -25.3% |
| Suppliers | 440/4 | €40,426 | €30,190 | -€10,236 | -25.3% |
| Advances received on contracts in progress | 46 | - | €13,694 | +€13,694 | |
| Taxes, remuneration and social security | 45 | €1,286 | €7,047 | +€5,761 | +448% |
| Taxes | 450/3 | €1,286 | €6,607 | +€5,321 | +414% |
| Remuneration and social security | 454/9 | - | €440 | +€440 | |
| Other amounts payable | 47/48 | €34,371 | €25,446 | -€8,924 | -26.0% |
| Remuneration, social security and pensions | 62 | - | €2,062 | +€2,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,886 | €27,097 | +€4,211 | +18.4% |
| Other operating charges | 640/8 | €384 | €513 | +€129 | +33.5% |
| Gross operating margin | 9900 | €27,551 | €50,906 | +€23,355 | +84.8% |
| Operating profit (loss) | 9901 | €4,280 | €21,234 | +€16,953 | +396% |
| Financial income | 75/76B | €1 | €10 | +€9 | +969% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +969% |
| Financial charges | 65/66B | €1,933 | €1,924 | -€9 | -0.5% |
| Recurring financial charges | 65 | €1,933 | €1,924 | -€9 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €2,348 | €19,320 | +€16,972 | +723% |
| Income taxes | 67/77 | €1,041 | €5,566 | +€4,524 | +434% |
| Profit (loss) for the period | 9904 | €1,307 | €13,755 | +€12,448 | +952% |
| Profit (loss) for the period to be appropriated | 9905 | €1,307 | €13,755 | +€12,448 | +952% |
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 21 October 2026 via checked.be.