CF-ECO: 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.
CF-ECO
Largest movements
- Cash +€1,621
up €1,621 (+9.4%), from €17,275 to €18,896
mainly Net result for the year (+€1,098) and Other debts (+€600)
- Reserves +€1,098
up €1,098 (+11.6%), from €9,453 to €10,551
- Other debts +€600
up €600 (+18.2%), from €3,290 to €3,890
- Gross operating margin -€708
down €708 (-26.8%), from €2,644 to €1,936
- Taxes -€78
down €78 (-17.5%), from €444 to €366
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 | €19,187 | €20,807 | +€1,621 | +8.4% |
| Current assets | 29/58 | €19,187 | €20,807 | +€1,621 | +8.4% |
| Amounts receivable within one year | 40/41 | €1,912 | €1,912 | = | 0.0% |
| Trade receivables | 40 | €471 | €1,267 | +€795 | +168.7% |
| Other amounts receivable | 41 | €1,440 | €645 | -€795 | -55.2% |
| Cash at bank and in hand | 54/58 | €17,275 | €18,896 | +€1,621 | +9.4% |
| Total equity and liabilities | 10/49 | €19,187 | €20,807 | +€1,621 | +8.4% |
| Equity | 10/15 | €15,453 | €16,551 | +€1,098 | +7.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €9,453 | €10,551 | +€1,098 | +11.6% |
| Distributable reserves | 133 | €9,453 | €10,551 | +€1,098 | +11.6% |
| Amounts payable | 17/49 | €3,734 | €4,256 | +€522 | +14.0% |
| Amounts payable within one year | 42/48 | €3,734 | €4,256 | +€522 | +14.0% |
| Taxes, remuneration and social security | 45 | €444 | €366 | -€78 | -17.5% |
| Taxes | 450/3 | €444 | €366 | -€78 | -17.5% |
| Other amounts payable | 47/48 | €3,290 | €3,890 | +€600 | +18.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €2,644 | €1,936 | -€708 | -26.8% |
| Operating profit (loss) | 9901 | €2,257 | €1,537 | -€720 | -31.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €61 | €72 | +€11 | +18.3% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €2,196 | €1,464 | -€732 | -33.3% |
| Income taxes | 67/77 | €444 | €366 | -€78 | -17.5% |
| Profit (loss) for the period | 9904 | €1,752 | €1,098 | -€654 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,752 | €1,098 | -€654 | -37.3% |
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 2 October 2026 via checked.be.