ECOLAB (0403.091.121): financials and annual accounts

ECOLAB

Grimbergen ·KBO/BCE: BE 0403.091.121

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Balance sheet: assets
Total assets`20/58`	105.6m	95.7m	93.4m	93.2m	104.4m	105.3m	107.1m	107.5m	107.6m	108.5m	111.8m	167.6m	159.4m
Fixed assets`21/28`	78.4m	78.4m	78.2m	78.1m	81.6m	92.6m	94.2m	94.8m	94.7m	95.0m	94.4m	93.9m	93.6m
Tangible fixed assets`22/27`	2.5m	2.5m	2.3m	2.2m	2.5m	3.1m	4.0m	4.6m	4.5m	4.8m	4.2m	3.7m	3.4m
Plant, machinery and equipment`23`	96,104	103,961	96,856	111,502	55,283	66,101	78,733	73,079	51,880	54,473	81,618	95,694	117,051
Furniture and vehicles`24`	52,622	12,226	15,999	11,109	14,576	6,386	8,890	1,605	2,601	6,458	11,067	15,897	21,833
Other tangible fixed assets`26`	2.3m	2.3m	2.1m	2.1m	2.4m	3.0m	3.9m	4.5m	4.5m	4.7m	4.0m	3.5m	3.3m
Assets under construction and advance payments`27`	75,722	122,102	51,510	51,568	97,999	23,772	26,465	3,321	632	40,225	93,821	48,826	28,794
Financial fixed assets`28`	75.9m	75.9m	75.9m	75.9m	79.0m	89.5m	90.2m	90.2m	90.2m	90.2m	90.2m	90.2m	90.2m
Affiliated companies`280/1`	75.9m	75.9m	75.9m	75.9m	79.0m	89.4m	90.1m	90.1m	90.1m	90.1m	90.1m	90.1m	90.1m
Participating interests`280`	75.9m	75.9m	75.9m	75.9m	79.0m	89.4m	90.1m	90.1m	90.1m	90.1m	90.1m	90.1m	90.1m
Other financial fixed assets`284/8`	-	-	-	-	3,460	37,395	68,075	75,825	83,065	83,554	84,524	62,618	57,001
Amounts receivable and cash guarantees`285/8`	-	-	-	-	3,460	37,395	68,075	75,825	83,065	83,554	84,524	62,618	57,001
Current assets`29/58`	27.2m	17.3m	15.2m	15.1m	22.8m	12.7m	12.9m	12.7m	12.8m	13.5m	17.4m	73.8m	65.8m
Amounts receivable after more than one year`29`	-	28,044	3,643	6,132	9,849	-	-	-	-	-	114,010	50.2m	50.2m
Trade receivables`290`	-	28,044	3,643	6,132	9,849	-	-	-	-	-	-	-	-
Other amounts receivable`291`	-	-	-	-	-	-	-	-	-	-	114,010	50.2m	50.2m
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	375,224	324,667	243,149	251,522	257,688	142,845
Stocks`30/36`	-	-	-	-	-	-	-	375,224	324,667	243,149	251,522	257,688	142,845
Goods purchased for resale`34`	-	-	-	-	-	-	-	375,224	324,667	243,149	251,522	257,688	142,845
Amounts receivable within one year`40/41`	27.2m	17.2m	15.1m	14.9m	22.5m	12.2m	12.2m	11.3m	12.1m	12.4m	16.6m	22.9m	14.8m
Trade receivables`40`	13.1m	12.3m	13.1m	14.8m	13.1m	12.2m	12.2m	11.0m	11.8m	12.0m	13.6m	13.9m	12.9m
Other amounts receivable`41`	14.1m	4.9m	2.1m	96,407	9.4m	8,761	83,860	254,905	320,284	334,023	3.0m	8.9m	1.9m
Cash at bank and in hand`54/58`	-	-	-	-	-	-	135,206	825,260	106,963	485,188	169,348	27,023	197,930
Deferred charges and accrued income`490/1`	6,872	47,312	92,477	126,389	313,380	497,677	509,939	206,495	298,048	380,750	275,790	415,318	472,003
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	105.6m	95.7m	93.4m	93.2m	104.4m	105.3m	107.1m	107.5m	107.6m	108.5m	111.8m	167.6m	159.4m
Equity`10/15`	93.0m	87.4m	83.7m	81.4m	78.5m	51.8m	51.2m	49.7m	46.2m	44.8m	44.1m	91.7m	87.1m
Contributions`10/11`	97.1m	97.1m	97.1m	97.1m	97.1m	97.1m	43.9m	-	43.9m	43.9m	43.9m	101.2m	101.2m
Capital`10`	-	-	-	-	-	-	-	43.9m	-	-	-	-	-
Issued capital`100`	-	-	-	-	-	43.9m	43.9m	43.9m	43.9m	43.9m	43.9m	101.2m	101.2m
Contributions outside capital`11`	-	-	-	-	-	53.2m	53.2m	53.2m	53.2m	53.2m	53.2m	53.2m	53.2m
Share premium`1100/10`	-	-	-	-	-	53.2m	53.2m	-	53.2m	53.2m	53.2m	53.2m	53.2m
Reserves`13`	910,841	910,841	910,841	910,841	910,841	910,841	910,841	910,841	910,841	910,841	910,841	910,841	910,841
Non-distributable reserves`130/1`	564,489	564,489	564,489	564,489	564,489	564,489	14,444	-	14,444	14,444	14,444	14,444	14,444
Legal reserve`130`	-	-	-	-	-	550,045	550,045	550,045	550,045	550,045	550,045	550,045	550,045
Reserves not available under the articles`1311`	550,045	550,045	550,045	550,045	550,045	-	-	14,444	-	-	-	-	-
Other`1319`	14,444	14,444	14,444	14,444	14,444	14,444	14,444	-	14,444	14,444	14,444	14,444	14,444
Tax-exempt reserves`132`	346,352	346,352	346,352	346,352	346,352	346,352	346,352	346,352	346,352	346,352	346,352	346,352	346,352
Profit (loss) carried forward`14`	-5.0m	-10.6m	-14.3m	-16.6m	-19.5m	-46.2m	-46.8m	-48.3m	-51.8m	-53.2m	-53.9m	-63.6m	-68.2m
Investment grants`15`	-	-	-	-	-	-	-	-	-	-	-	0	0
Provisions and deferred taxes`16`	90,500	152,719	-	-	302,046	326,557	773,057	433,674	417,448	133,674	276,734	126,874	671,672
Provisions for liabilities and charges`160/5`	90,500	152,719	-	-	302,046	326,557	773,057	433,674	417,448	133,674	276,734	126,874	671,672
Environmental obligations`163`	-	-	-	-	133,674	133,674	133,674	133,674	417,448	133,674	-	-	-
Other liabilities and charges`164/5`	90,500	152,719	-	-	168,372	192,883	639,383	300,000	-	-	276,734	126,874	671,672
Amounts payable`17/49`	12.5m	8.1m	9.6m	11.8m	25.6m	53.2m	55.0m	57.3m	61.0m	63.5m	67.5m	75.8m	71.7m
Amounts payable within one year`42/48`	9.4m	5.4m	7.5m	10.2m	23.3m	51.3m	53.2m	54.6m	59.0m	62.0m	65.7m	73.9m	70.2m
Financial debts`43`	-	-	-	334,138	18.2m	46.3m	43.7m	46.3m	50.4m	54.2m	58.0m	65.2m	61.1m
Other loans`439`	-	-	-	334,138	18.2m	46.3m	43.7m	46.3m	50.4m	54.2m	58.0m	65.2m	61.1m
Trade debts`44`	4.3m	1.6m	3.7m	4.2m	1.6m	977,384	5.8m	3.2m	4.2m	3.6m	3.3m	4.5m	5.3m
Suppliers`440/4`	4.3m	1.6m	3.7m	4.2m	1.6m	977,384	5.8m	3.2m	4.2m	3.6m	3.3m	4.5m	5.3m
Taxes, remuneration and social security`45`	5.1m	3.8m	3.8m	5.7m	3.4m	4.0m	3.6m	5.0m	4.5m	4.2m	4.4m	4.2m	3.8m
Taxes`450/3`	1.1m	996,461	1.1m	1.2m	799,955	923,611	1.1m	1.6m	1.0m	681,197	683,725	649,694	536,995
Remuneration and social security`454/9`	4.1m	2.8m	2.7m	4.5m	2.6m	3.1m	2.5m	3.5m	3.4m	3.6m	3.8m	3.5m	3.3m
Accrued charges and deferred income`492/3`	3.1m	2.7m	2.1m	1.6m	2.3m	1.9m	1.9m	2.7m	1.9m	1.6m	1.7m	1.9m	1.5m
Income statement
Operating income`70/76A`	52.3m	54.6m	58.4m	54.5m	45.0m	49.6m	49.3m	47.5m	47.1m	46.8m	50.4m	49.2m	48.5m
Turnover`70`	48.6m	50.6m	52.9m	48.7m	40.7m	44.2m	42.3m	41.6m	39.5m	40.0m	42.7m	42.4m	42.4m
Other operating income`74`	3.7m	4.0m	5.1m	5.8m	4.4m	-	-	5.9m	-	-	-	-	-
Non-recurring operating income`76A`	-	-	358,981	-	-	-	-	-	-	-	39,570	-	6,820
Operating charges`60/66A`	50.1m	51.6m	55.7m	53.3m	43.6m	48.0m	48.7m	46.7m	46.3m	46.0m	49.2m	48.3m	48.3m
Goods for resale, raw materials and consumables`60`	30.3m	30.5m	36.7m	32.3m	24.1m	25.9m	28.0m	24.1m	23.7m	24.0m	25.8m	26.2m	26.7m
Purchases`600/8`	30.3m	30.5m	36.7m	32.3m	-	25.9m	27.6m	-	23.8m	23.9m	25.8m	26.3m	26.8m
Change in stocks: decrease (increase)`609`	-	-	-	-	-	-	375,224	-50,557	-81,518	39,120	6,166	-114,843	-57,590
Services and other goods`61`	4.6m	5.0m	4.0m	4.3m	4.7m	6.5m	6.7m	8.2m	7.9m	7.4m	8.2m	7.6m	6.5m
Remuneration, social security and pensions`62`	13.7m	14.2m	13.0m	13.3m	11.9m	13.5m	10.9m	11.9m	11.7m	12.4m	13.0m	13.0m	14.1m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1.3m	1.3m	1.2m	1.5m	2.0m	2.0m	2.3m	2.5m	2.5m	2.4m	2.1m	2.0m	2.0m
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-28,000	-11,809	55,963	-331,693	6,556	57,108	53,706	-6,326	113,288	-75,424	-123,437	37,489	101,511
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-168,372	-24,511	-446,500	339,383	16,226	283,774	-143,060	149,860	-544,798	-1.1m
Other operating charges`640/8`	384,940	461,838	754,226	2.5m	906,032	486,949	380,454	33,534	33,599	61,806	177,570	7,426	23,921
Non-recurring operating charges`66A`	-62,219	152,719	-	-133,674	-	674,324	-	-	-	-	105,908	-	-
Operating profit (loss)`9901`	2.1m	3.0m	2.6m	1.2m	1.4m	1.5m	556,894	727,408	789,866	831,633	1.1m	924,334	178,739
Financial income`75/76B`	4.2m	1.7m	633,518	2.5m	-	787,611	1.5m	-	1.2m	544,949	9.9m	3.7m	2.7m
Recurring financial income`75`	4.2m	1.7m	633,512	1.5m	6.8m	787,611	1.5m	3.7m	1.2m	544,949	9.9m	3.7m	2.7m
Income from financial fixed assets`750`	4.0m	1.6m	600,000	1.5m	6.8m	784,031	1.5m	3.7m	1.2m	523,296	7.5m	1.1m	-
Income from current assets`751`	185,729	59,206	18,204	17,626	-	-	2	8	51	20,859	2.4m	2.7m	2.7m
Other financial income`752/9`	6,165	14,461	15,308	16,912	4,808	3,580	344	135	435	794	536	326	376
Non-recurring financial income`76B`	-	-	6	937,933	19.0m	-	-	-	-	-	-	-	-
Financial charges`65/66B`	12,003	26,350	83,220	314,796	426,253	877,455	242,233	294,333	316,277	364,092	161,645	18,310	8,829
Recurring financial charges`65`	12,003	26,350	83,220	108,157	263,809	203,131	242,233	294,333	316,277	364,092	161,645	18,310	8,829
Debt charges`650`	21	6,276	45,694	78,340	249,347	193,832	230,910	285,529	309,951	354,800	153,745	12,740	3,707
Other financial charges`652/9`	11,982	20,074	37,525	29,817	14,462	9,300	11,323	8,804	6,326	9,292	7,899	5,570	5,123
Non-recurring financial charges`66B`	-	-	-	206,638	162,444	674,324	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	6.3m	4.7m	3.2m	3.4m	26.8m	1.4m	1.8m	4.2m	1.7m	1.0m	10.8m	4.6m	2.9m
Income taxes`67/77`	740,368	944,428	844,591	508,960	54,900	928,267	252,200	604,516	288,745	308,951	1.2m	17,072	5,400
Taxes`670/3`	740,368	944,428	844,591	508,960	415,000	928,267	252,200	604,516	420,834	313,442	1.2m	17,072	5,400
Tax adjustments and reversals of tax provisions`77`	-	-	-	-	360,100	-	-	-	132,089	4,490	3,696	-	-
Profit (loss) for the period`9904`	5.6m	3.7m	2.4m	2.9m	26.8m	512,812	1.5m	3.5m	1.4m	703,539	9.7m	4.6m	2.8m
Profit (loss) for the period to be appropriated`9905`	5.6m	3.7m	2.4m	2.9m	26.8m	512,812	1.5m	3.5m	1.4m	703,539	9.7m	4.6m	2.8m
Appropriation of the result
Profit (loss) to be appropriated`9906`	-5.0m	-10.6m	-14.3m	-16.6m	-19.5m	-46.2m	-46.8m	-48.3m	-51.8m	-53.2m	-53.9m	-63.6m	-68.2m
Profit (loss) brought forward from the previous period`14P`	-10.6m	-14.3m	-16.6m	-19.5m	-46.2m	-	-	-51.8m	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	94.7	95.3	100.3	105.3	107.8	107.6	111.1	114.3	118.6	121.3	125.7	120.9	123.1
Men (FTE)`1003`	66	67.5	69.6	76	-	83.2	87.6	-	93.7	96.6	100	96.6	97.2
Women (FTE)`1003`	28.7	27.8	30.7	29.3	-	24.4	23.5	-	24.9	24.7	25.7	24.3	25.9
Agency workers`1501`	0.7	2.4	0.9	0.5	-	0.7	1.4	-	1	1.4	2.5	2.4	4.2
Hours worked`1013`	154,124	153,244	161,212	169,635	-	175,788	168,482	-	193,204	198,014	208,975	202,937	202,748
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Financial year	Type	Filed	Reference	Document
30-11-2025	full format	14-05-2026	2026-00118898	PDF
30-11-2024	full format	23-06-2025	2025-00176002	PDF
30-11-2023	full format	10-05-2024	2024-00085919	PDF
30-11-2022	full format	02-06-2023	2023-00103772	PDF
30-11-2021	full format	07-06-2022	2022-20060727	PDF
30-11-2020	full format	03-06-2021	2021-17500356	PDF
30-11-2019	full format	02-10-2020	2020-58600220	PDF
30-11-2018	full format	25-06-2020	2020-24400311	PDF
30-11-2017	full format	12-06-2019	2019-19000504	PDF
30-11-2016	full format	27-06-2017	2017-23100365	PDF
30-11-2015	full format	21-06-2016	2016-20200448	PDF
30-11-2014	full format	16-06-2015	2015-17600360	PDF
30-11-2013	full format	13-06-2014	2014-17600179	PDF
31-12-2012	consolidated	10-10-2013	2013-62900220	PDF
30-11-2012	full format	25-07-2013	2013-35600194	PDF
31-12-2011	consolidated	10-10-2013	2013-62900218	PDF
30-11-2011	full format	12-07-2013	2013-30500043	PDF
31-12-2010	consolidated	29-05-2012	2012-13700537	PDF
30-11-2010	full format	29-05-2012	2012-13700532	PDF
31-12-2009	consolidated	29-05-2012	2012-13700521	PDF
30-11-2009	full format	29-05-2012	2012-13700516	PDF
31-12-2008	consolidated	31-08-2009	2009-71300169	PDF
30-11-2008	full format	06-07-2009	2009-38400005	PDF
31-12-2007	consolidated	25-07-2008	2008-49000028	PDF
30-11-2007	full format	28-07-2008	2008-52200187	PDF
31-12-2006	consolidated	13-07-2007	2007-39400304	PDF
30-11-2006	full format	13-07-2007	2007-39400303	PDF
31-12-2005	consolidated	24-05-2006	2006-16500102	PDF
30-11-2005	full format	24-05-2006	2006-16500101	PDF
31-12-2004	consolidated	01-09-2005	2005-66400033	PDF
30-11-2004	full format	11-08-2005	2005-63400197	PDF
30-11-2003	full format	07-05-2004	2004-13400243	PDF
30-11-2002	full format	09-05-2003	2003-13400081	PDF
30-11-2001	full format	03-05-2002	2002-11300043	PDF
30-11-2000	full format	21-05-2001	2001-13400040	PDF
30-11-1999	full format	05-05-2000	2000-11500279	PDF
30-11-1998	full format	04-06-1999	1999-14404173	PDF
30-11-1997	full format	16-07-1998	1998-33801579	PDF
30-11-1996	full format	15-05-1997	1997-07901128	PDF
30-11-1995	full format	29-05-1996	1996-10901056	PDF
30-11-1994	full format	23-05-1995	1995-09801458	PDF
30-11-1993	full format	24-06-1994	1994-19801707	PDF
30-11-1992	full format	27-08-1993	1993-33502350	PDF
30-11-1991	full format	17-06-1992	1992-12100274	PDF
30-11-1990	full format	13-06-1991	1991-09505358	PDF
30-11-1989	full format	15-05-1990	1990-04701861	PDF
30-11-1988	full format	13-06-1989	1989-08101915	PDF
31-05-1987	full format	23-03-1988	1988-01801445	PDF
31-05-1986	full format	02-01-1987	1987-00100291	PDF
31-05-1985	full format	21-01-1986	1986-01001472	PDF
31-05-1984	unclassified schema	04-12-1984	1984-15100644	PDF
31-05-1983	unclassified schema	15-12-1983	1983-14401360	PDF
30-06-1982	unclassified schema	31-12-1982	1982-14200320	PDF
30-06-1981	unclassified schema	24-12-1981	1981-13201351	PDF
30-06-1980	unclassified schema	20-01-1981	1981-00300516	PDF
30-06-1979	unclassified schema	09-04-1980	1980-01202481	PDF
30-06-1978	unclassified schema	11-01-1979	1979-00200567	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
EBITDA	3.4m	4.3m	3.8m	2.7m	3.4m	3.6m	2.8m	3.2m	3.3m	3.2m	3.2m	2.9m	2.1m
Cash flow	6.9m	5.0m	3.5m	4.3m	28.7m	2.5m	3.8m	6.0m	3.9m	3.1m	11.7m	6.6m	4.8m
Investment in fixed assets	1.3m	1.6m	1.3m	14.1m	1.4m	1.5m	1.7m	2.5m	2.3m	2.9m	2.7m	2.2m	45.9m
Change in cash	-	-	-	-	-	-	-690,054	718,297	-378,224	315,840	142,325	-170,907	-
Working capital	17.8m	11.9m	7.7m	4.9m	-459,232	-38.6m	-40.3m	-41.9m	-46.2m	-48.5m	-48.3m	-70,735	-4.4m
EBIT margin	4.4%	6.0%	5.0%	2.5%	3.5%	3.5%	1.3%	1.7%	2.0%	2.1%	2.7%	2.2%	0.4%
Solvency	88.1%	91.4%	89.7%	87.3%	75.2%	49.2%	47.9%	46.3%	42.9%	41.3%	39.4%	54.7%	54.6%
Current ratio	2.89	3.19	2.02	1.48	0.98	0.25	0.24	0.23	0.22	0.22	0.26	1.00	0.94
Quick ratio	2.89	3.19	2.02	1.48	0.98	0.25	0.24	0.23	0.21	0.21	0.26	1.00	0.94
Debt to equity	0.13	0.09	0.12	0.15	0.33	1.03	1.07	1.15	1.32	1.42	1.53	0.83	0.82
ROE	6.0%	4.3%	2.8%	3.5%	34.1%	1.0%	3.0%	7.1%	3.0%	1.6%	22.0%	5.0%	3.3%
ROA	5.3%	3.9%	2.5%	3.1%	25.6%	0.5%	1.4%	3.3%	1.3%	0.6%	8.7%	2.8%	1.8%
Interest coverage	over 100	over 100	84.02	34.14	13.53	18.37	12.21	11.25	10.56	9.01	20.81	over 100	over 100
Customer credit	98 days	89 days	90 days	111 days	118 days	100 days	105 days	97 days	109 days	110 days	117 days	120 days	111 days
Supplier credit	45 days	16 days	33 days	42 days	21 days	11 days	61 days	36 days	48 days	41 days	36 days	48 days	58 days

By activity	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Scheikundige producten en gerelateerde dienstverlening	-	-	-	-	-	-	€36,561,780	€37,081,580	€39,018,868	€35,723,064	€42,980,879	€45,456,847	€43,804,106	€43,303,469
Machines	€6,540,426	€6,244,979	€6,836,446	€6,961,378	€5,139,285	€4,687,135	€4,945,808	€5,179,648	€5,178,619	€4,910,652	€5,683,607	€7,411,979	€6,741,753	€5,256,287
Diverse	€23,236	€19,333	€15,791	€13,074	€52,246	€27,758	€58,602	€33,300	€24,761	€19,717	€27,084	€23,466	€21,841	€9,378
Scheikundige producten	€35,558,955	€36,129,024	€35,515,686	€35,681,769	€34,758,673	€34,778,460	-	-	-	-	-	-	-	-
Total	€42,122,617	€42,393,335	€42,367,924	€42,656,220	€39,950,205	€39,493,353	€41,566,190	€42,294,528	€44,222,249	€40,653,432	€48,691,569	€52,892,291	€50,567,701	€48,569,133

By geographic market	2012	2013	2014	2015	2016	2017	2018	2019	2020
Belgie & Luxemburg	-	-	-	-	€39,950,205	€39,493,323	€41,566,190	€42,294,528	€44,222,249
Belgie & Luxumburg	€42,122,617	€42,393,335	€42,367,924	€42,656,220	-	-	-	-	-
Total	€42,122,617	€42,393,335	€42,367,924	€42,656,220	€39,950,205	€39,493,323	€41,566,190	€42,294,528	€44,222,249

ECOLAB

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cash

Position in the sector

Solvency88.1%

Current ratio2.89

Return on assets5.3%

Staff

Men and women30% women

Staff cost per FTE€144,301

Joined and left-8

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2025

By geographic market 2020

By activity

By geographic market

Social balance sheet

Investments

Auditor

Public contracts

Insights on ECOLAB

Next steps

Item	30-11-2025	30-11-2024	30-11-2023	30-11-2022
Employees at the balance-sheet date	95	103	105	111
full-time	78	86	88	93
part-time	17	17	17	18
in full-time equivalents	90.6	97.7	100.4	105.9
Average over the year, in full-time equivalents	94.7	95.3	100.3	105.3
On a permanent contract	95	103	105	111
Joined	14	17	9	18
Left	22	19	15	16
Agency workers, average number	0.7	2.4	0.9	0.5
Training hours	129	129	88	52

Item	30-11-2025	30-11-2024	30-11-2023	30-11-2022	30-11-2021
Tangible fixed assets	€1.3m	€1.6m	€1.3m	€1.2m	€1.4m
Financial fixed assets	-	-	-	€12.9m	-
Depreciation and write-downs of the year	€1.3m	€1.3m	€1.2m	€1.5m	€2.0m

Item	30-11-2025	30-11-2024	30-11-2023	30-11-2022	30-11-2021
Fee for the audit	€27,552	€25,293	€24,557	€22,950	€18,950
Other work by the auditor	-	€2,000	-	-	-