DE ECHO's: 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.
DE ECHO's
Largest movements
- Cash -€6,973
down €6,973 (-87.7%), from €7,947 to €975
mainly Net result for the year (-€17,879) and Stocks and contracts (-€3,663)
- Stocks and contracts +€3,663
up €3,663 (+16.4%), from €22,394 to €26,057
- Tangible fixed assets -€2,806
down €2,806 (-85.0%), from €3,300 to €494
- Receivables within one year -€1,086
down €1,086 (-31.9%), from €3,407 to €2,321
of which Trade receivables: -€1,086
- Profit (loss) carried forward -€17,879
down €17,879 (-81.2%), from -€22,005 to -€39,884
- Trade debts +€12,181
up €12,181 (+116.2%), from €10,485 to €22,666
- Accrued charges and deferred income +€3,295
new in 2024: €3,295
- Other debts -€2,934
down €2,934 (-7.7%), from €38,060 to €35,126
- Tax, wage and social debts -€1,865
down €1,865 (-24.8%), from €7,509 to €5,643
of which Taxes: -€4,565
- Gross operating margin -€6,342
down €6,342 (-83.2%), from -€7,619 to -€13,960
- Taxes -€1,734
down €1,734 (-92.6%), from €1,874 to €140
- Depreciation -€1,032
down €1,032 (-23.8%), from €4,333 to €3,301
- Other operating charges -€972
down €972 (-100.0%), from €972 to €0
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.
Cash bridge derived
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 | €37,049 | €29,847 | -€7,202 | -19.4% |
| Fixed assets | 21/28 | €3,300 | €494 | -€2,806 | -85.0% |
| Tangible fixed assets | 22/27 | €3,300 | €494 | -€2,806 | -85.0% |
| Furniture and vehicles | 24 | €3,300 | €494 | -€2,806 | -85.0% |
| Current assets | 29/58 | €33,748 | €29,353 | -€4,395 | -13.0% |
| Stocks and contracts in progress | 3 | €22,394 | €26,057 | +€3,663 | +16.4% |
| Stocks | 30/36 | €22,394 | €26,057 | +€3,663 | +16.4% |
| Amounts receivable within one year | 40/41 | €3,407 | €2,321 | -€1,086 | -31.9% |
| Trade receivables | 40 | €3,407 | €2,321 | -€1,086 | -31.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,947 | €975 | -€6,973 | -87.7% |
| Total equity and liabilities | 10/49 | €37,049 | €29,847 | -€7,202 | -19.4% |
| Equity | 10/15 | -€19,005 | -€36,884 | -€17,879 | -94.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,005 | -€39,884 | -€17,879 | -81.2% |
| Amounts payable | 17/49 | €56,054 | €66,731 | +€10,677 | +19.0% |
| Amounts payable within one year | 42/48 | €56,054 | €63,436 | +€7,382 | +13.2% |
| Trade debts | 44 | €10,485 | €22,666 | +€12,181 | +116.2% |
| Suppliers | 440/4 | €10,485 | €22,666 | +€12,181 | +116.2% |
| Taxes, remuneration and social security | 45 | €7,509 | €5,643 | -€1,865 | -24.8% |
| Taxes | 450/3 | €4,809 | €243 | -€4,565 | -94.9% |
| Remuneration and social security | 454/9 | €2,700 | €5,400 | +€2,700 | +100.0% |
| Other amounts payable | 47/48 | €38,060 | €35,126 | -€2,934 | -7.7% |
| Accrued charges and deferred income | 492/3 | - | €3,295 | +€3,295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,333 | €3,301 | -€1,032 | -23.8% |
| Other operating charges | 640/8 | €972 | €0 | -€972 | -100.0% |
| Gross operating margin | 9900 | -€7,619 | -€13,960 | -€6,342 | -83.2% |
| Operating profit (loss) | 9901 | -€12,923 | -€17,262 | -€4,338 | -33.6% |
| Financial charges | 65/66B | €444 | €478 | +€34 | +7.7% |
| Recurring financial charges | 65 | €444 | €478 | +€34 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,367 | -€17,740 | -€4,372 | -32.7% |
| Income taxes | 67/77 | €1,874 | €140 | -€1,734 | -92.6% |
| Profit (loss) for the period | 9904 | -€15,241 | -€17,879 | -€2,638 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,241 | -€17,879 | -€2,638 | -17.3% |
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 10 October 2026 via checked.be.