E.C.C.A.B.: 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.
E.C.C.A.B.
Largest movements
- Receivables within one year -€76,982
down €76,982 (-72.9%), from €105,538 to €28,557
of which Other amounts receivable: -€92,986
- Cash +€33,016
up €33,016 (+495%), from €6,667 to €39,683
mainly Receivables within one year (+€76,982) and Tax, wage and social debts (+€33,152)
- Tangible fixed assets -€31,025
down €31,025 (-31.2%), from €99,549 to €68,525
of which Furniture and vehicles: -€30,000
- Stocks and contracts +€4,500
up €4,500 (+16.4%), from €27,500 to €32,000
- Profit (loss) carried forward -€83,640
down €83,640 (-222%), from -€37,668 to -€121,308
- Tax, wage and social debts +€33,152
up €33,152 (+255%), from €13,020 to €46,171
of which Remuneration and social security: +€20,362
- Debts after one year -€25,659
down €25,659 (-41.7%), from €61,573 to €35,915
- Other debts +€17,354
new in 2025: €17,354
- Current portion of long-term debt -€6,200
down €6,200 (-19.5%), from €31,859 to €25,659
- Staff costs +€190,943
up €190,943 (+102%), from €187,642 to €378,585
- Gross operating margin +€147,856
up €147,856 (+78.6%), from €188,026 to €335,882
- Financial charges +€3,429
up €3,429 (+61.6%), from €5,570 to €8,999
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.
Derived cash bridge
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 | €389,946 | €320,260 | -€69,685 | -17.9% |
| Fixed assets | 21/28 | €249,549 | €218,525 | -€31,025 | -12.4% |
| Tangible fixed assets | 22/27 | €99,549 | €68,525 | -€31,025 | -31.2% |
| Plant, machinery and equipment | 23 | €2,049 | €1,025 | -€1,025 | -50.0% |
| Furniture and vehicles | 24 | €97,500 | €67,500 | -€30,000 | -30.8% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €140,396 | €101,736 | -€38,661 | -27.5% |
| Stocks and contracts in progress | 3 | €27,500 | €32,000 | +€4,500 | +16.4% |
| Stocks | 30/36 | €27,500 | €32,000 | +€4,500 | +16.4% |
| Amounts receivable within one year | 40/41 | €105,538 | €28,557 | -€76,982 | -72.9% |
| Trade receivables | 40 | - | €16,005 | +€16,005 | |
| Other amounts receivable | 41 | €105,538 | €12,552 | -€92,986 | -88.1% |
| Cash at bank and in hand | 54/58 | €6,667 | €39,683 | +€33,016 | +495% |
| Deferred charges and accrued income | 490/1 | €691 | €1,496 | +€805 | +117% |
| Total equity and liabilities | 10/49 | €389,946 | €320,260 | -€69,685 | -17.9% |
| Equity | 10/15 | €124,859 | €41,219 | -€83,640 | -67.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €142,526 | €142,526 | = | 0.0% |
| Distributable reserves | 133 | €142,526 | €142,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,668 | -€121,308 | -€83,640 | -222% |
| Amounts payable | 17/49 | €265,087 | €279,042 | +€13,955 | +5.3% |
| Amounts payable after more than one year | 17 | €61,573 | €35,915 | -€25,659 | -41.7% |
| Financial debts | 170/4 | €61,573 | €35,915 | -€25,659 | -41.7% |
| Amounts payable within one year | 42/48 | €203,513 | €243,127 | +€39,613 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €31,859 | €25,659 | -€6,200 | -19.5% |
| Trade debts | 44 | €155,058 | €150,367 | -€4,691 | -3.0% |
| Suppliers | 440/4 | €155,058 | €150,367 | -€4,691 | -3.0% |
| Advances received on contracts in progress | 46 | €3,576 | €3,576 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €13,020 | €46,171 | +€33,152 | +255% |
| Taxes | 450/3 | €221 | €13,010 | +€12,789 | +5,786% |
| Remuneration and social security | 454/9 | €12,799 | €33,161 | +€20,362 | +159% |
| Other amounts payable | 47/48 | - | €17,354 | +€17,354 | |
| Remuneration, social security and pensions | 62 | €187,642 | €378,585 | +€190,943 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,267 | €31,025 | -€242 | -0.8% |
| Other operating charges | 640/8 | €1,216 | €914 | -€302 | -24.9% |
| Gross operating margin | 9900 | €188,026 | €335,882 | +€147,856 | +78.6% |
| Operating profit (loss) | 9901 | -€32,098 | -€74,641 | -€42,543 | -133% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €5,570 | €8,999 | +€3,429 | +61.6% |
| Recurring financial charges | 65 | €5,570 | €8,999 | +€3,429 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | -€37,668 | -€83,640 | -€45,972 | -122% |
| Profit (loss) for the period | 9904 | -€37,668 | -€83,640 | -€45,972 | -122% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,668 | -€83,640 | -€45,972 | -122% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.