E.C.G & C: 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.G & C
Largest movements
- Receivables within one year +€26,917
up €26,917 (+1,112%), from €2,420 to €29,337
of which Other amounts receivable: +€20,337
- Cash -€11,201
down €11,201 (-18.6%), from €60,345 to €49,143
mainly Receivables within one year (-€26,917) and Tax, wage and social debts (-€370)
- Reserves +€16,086
up €16,086 (+34.9%), from €46,091 to €62,177
- Gross operating margin -€7,942
down €7,942 (-26.5%), from €30,019 to €22,077
- Taxes -€4,708
down €4,708 (-44.6%), from €10,562 to €5,854
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 | €62,765 | €78,481 | +€15,716 | +25.0% |
| Current assets | 29/58 | €62,765 | €78,481 | +€15,716 | +25.0% |
| Amounts receivable within one year | 40/41 | €2,420 | €29,337 | +€26,917 | +1,112% |
| Trade receivables | 40 | €2,420 | €9,000 | +€6,580 | +272% |
| Other amounts receivable | 41 | - | €20,337 | +€20,337 | |
| Cash at bank and in hand | 54/58 | €60,345 | €49,143 | -€11,201 | -18.6% |
| Total equity and liabilities | 10/49 | €62,765 | €78,481 | +€15,716 | +25.0% |
| Equity | 10/15 | €49,091 | €65,177 | +€16,086 | +32.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,091 | €62,177 | +€16,086 | +34.9% |
| Distributable reserves | 133 | €46,091 | €62,177 | +€16,086 | +34.9% |
| Amounts payable | 17/49 | €13,674 | €13,304 | -€370 | -2.7% |
| Amounts payable within one year | 42/48 | €13,674 | €13,304 | -€370 | -2.7% |
| Taxes, remuneration and social security | 45 | €13,674 | €13,304 | -€370 | -2.7% |
| Taxes | 450/3 | €13,674 | €13,304 | -€370 | -2.7% |
| Non-recurring operating income | 76A | €947 | - | -€947 | |
| Gross operating margin | 9900 | €30,019 | €22,077 | -€7,942 | -26.5% |
| Operating profit (loss) | 9901 | €30,019 | €22,077 | -€7,942 | -26.5% |
| Financial income | 75/76B | - | €42 | +€42 | |
| Recurring financial income | 75 | - | €42 | +€42 | |
| Financial charges | 65/66B | €172 | €179 | +€7 | +4.3% |
| Recurring financial charges | 65 | €172 | €179 | +€7 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €29,847 | €21,940 | -€7,907 | -26.5% |
| Income taxes | 67/77 | €10,562 | €5,854 | -€4,708 | -44.6% |
| Profit (loss) for the period | 9904 | €19,285 | €16,086 | -€3,199 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,285 | €16,086 | -€3,199 | -16.6% |
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 19 October 2026 via checked.be.