Dr. Thomas Ecker: 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.
Dr. Thomas Ecker
Largest movements
- Current investments -€31,000
no longer reported in 2025 (was €31,000)
- Cash +€6,305
up €6,305 (+15.7%), from €40,259 to €46,564
mainly Current investments (+€31,000) and Depreciation (+€4,465)
- Tangible fixed assets -€4,465
down €4,465 (-20.0%), from €22,341 to €17,876
- Profit (loss) carried forward -€30,363
down €30,363 (-39.8%), from €76,209 to €45,846
- Trade debts +€1,079
up €1,079 (+91.3%), from €1,182 to €2,261
- Financial income +€5,788
up €5,788 (+434.2%), from €1,333 to €7,121
- Gross operating margin -€2,860
down €2,860 (-10.5%), from -€27,219 to -€30,079
- Financial charges -€640
down €640 (-19.2%), from €3,332 to €2,692
- Depreciation +€557
up €557 (+14.3%), from €3,907 to €4,465
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €93,861 | €64,679 | -€29,182 | -31.1% |
| Fixed assets | 21/28 | €22,341 | €17,876 | -€4,465 | -20.0% |
| Tangible fixed assets | 22/27 | €22,341 | €17,876 | -€4,465 | -20.0% |
| Land and buildings | 22 | €10,547 | €9,496 | -€1,051 | -10.0% |
| Plant, machinery and equipment | 23 | €6,966 | €5,535 | -€1,431 | -20.5% |
| Furniture and vehicles | 24 | €4,828 | €2,845 | -€1,982 | -41.1% |
| Current assets | 29/58 | €71,520 | €46,803 | -€24,718 | -34.6% |
| Amounts receivable within one year | 40/41 | €239 | €239 | = | 0.0% |
| Other amounts receivable | 41 | €239 | €239 | = | 0.0% |
| Current investments | 50/53 | €31,000 | - | -€31,000 | |
| Cash at bank and in hand | 54/58 | €40,259 | €46,564 | +€6,305 | +15.7% |
| Deferred charges and accrued income | 490/1 | €23 | - | -€23 | |
| Total equity and liabilities | 10/49 | €93,861 | €64,679 | -€29,182 | -31.1% |
| Equity | 10/15 | €81,009 | €50,646 | -€30,363 | -37.5% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,209 | €45,846 | -€30,363 | -39.8% |
| Amounts payable | 17/49 | €12,852 | €14,033 | +€1,181 | +9.2% |
| Amounts payable within one year | 42/48 | €12,852 | €14,033 | +€1,181 | +9.2% |
| Trade debts | 44 | €1,182 | €2,261 | +€1,079 | +91.3% |
| Suppliers | 440/4 | €1,182 | €2,261 | +€1,079 | +91.3% |
| Taxes, remuneration and social security | 45 | €0 | €160 | +€160 | |
| Taxes | 450/3 | €0 | €160 | +€160 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,670 | €11,612 | -€58 | -0.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,907 | €4,465 | +€557 | +14.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Non-recurring operating charges | 66A | - | €88 | +€88 | |
| Gross operating margin | 9900 | -€27,219 | -€30,079 | -€2,860 | -10.5% |
| Operating profit (loss) | 9901 | -€31,514 | -€34,632 | -€3,118 | -9.9% |
| Financial income | 75/76B | €1,333 | €7,121 | +€5,788 | +434.2% |
| Recurring financial income | 75 | €1,333 | €7,121 | +€5,788 | +434.2% |
| Financial charges | 65/66B | €3,332 | €2,692 | -€640 | -19.2% |
| Recurring financial charges | 65 | €3,332 | €2,692 | -€640 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,513 | -€30,203 | +€3,309 | +9.9% |
| Income taxes | 67/77 | €161 | €160 | -€2 | -1.1% |
| Profit (loss) for the period | 9904 | -€33,674 | -€30,363 | +€3,311 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,674 | -€30,363 | +€3,311 | +9.8% |
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 30 September 2026 via checked.be.