E.C.I. SERVICES: 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.I. SERVICES
Largest movements
- Tangible fixed assets -€44,541
down €44,541 (-16.8%), from €264,693 to €220,152
of which Land and buildings: -€33,520
- Financial fixed assets +€40,000
up €40,000 (+128%), from €31,260 to €71,260
- Receivables within one year -€32,682
down €32,682 (-21.5%), from €151,693 to €119,010
of which Trade receivables: -€32,778
- Cash -€28,487
down €28,487 (-97.2%), from €29,319 to €832
mainly Trade debts (-€47,393) and Debts after one year (-€42,761)
- Trade debts -€47,393
down €47,393 (-92.1%), from €51,435 to €4,042
- Debts after one year -€42,761
down €42,761 (-37.9%), from €112,762 to €70,001
of which Financial debts: -€42,761
- Reserves +€22,032
up €22,032 (+87.1%), from €25,293 to €47,325
of which Distributable reserves: +€22,032
- Short-term financial debts -€7,009
down €7,009 (-29.0%), from €24,143 to €17,134
- Gross operating margin +€16,667
up €16,667 (+11.3%), from €146,921 to €163,588
- Depreciation -€10,648
down €10,648 (-19.8%), from €53,658 to €43,010
- Financial charges -€2,123
down €2,123 (-23.9%), from €8,875 to €6,752
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.
Derived cash bridge
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 | €511,405 | €442,239 | -€69,166 | -13.5% |
| Fixed assets | 21/28 | €296,755 | €291,656 | -€5,099 | -1.7% |
| Intangible fixed assets | 21 | €802 | €244 | -€558 | -69.5% |
| Tangible fixed assets | 22/27 | €264,693 | €220,152 | -€44,541 | -16.8% |
| Land and buildings | 22 | €237,403 | €203,883 | -€33,520 | -14.1% |
| Furniture and vehicles | 24 | €27,290 | €16,269 | -€11,021 | -40.4% |
| Financial fixed assets | 28 | €31,260 | €71,260 | +€40,000 | +128% |
| Current assets | 29/58 | €214,650 | €150,583 | -€64,067 | -29.8% |
| Amounts receivable after more than one year | 29 | €19,712 | €20,897 | +€1,185 | +6.0% |
| Trade receivables | 290 | €19,712 | €20,897 | +€1,185 | +6.0% |
| Amounts receivable within one year | 40/41 | €151,693 | €119,010 | -€32,682 | -21.5% |
| Trade receivables | 40 | €151,693 | €118,915 | -€32,778 | -21.6% |
| Other amounts receivable | 41 | - | €95 | +€95 | |
| Current investments | 50/53 | €6,128 | €6,128 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,319 | €832 | -€28,487 | -97.2% |
| Deferred charges and accrued income | 490/1 | €7,799 | €3,716 | -€4,083 | -52.3% |
| Total equity and liabilities | 10/49 | €511,405 | €442,239 | -€69,166 | -13.5% |
| Equity | 10/15 | €199,361 | €221,393 | +€22,032 | +11.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,293 | €47,325 | +€22,032 | +87.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,256 | €4,256 | = | 0.0% |
| Distributable reserves | 133 | €19,177 | €41,209 | +€22,032 | +115% |
| Profit (loss) carried forward | 14 | €161,668 | €161,668 | = | 0.0% |
| Provisions and deferred taxes | 16 | €29,762 | €29,762 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €29,762 | €29,762 | = | 0.0% |
| Pensions and similar obligations | 160 | €29,762 | €29,762 | = | 0.0% |
| Amounts payable | 17/49 | €282,283 | €191,085 | -€91,198 | -32.3% |
| Amounts payable after more than one year | 17 | €112,762 | €70,001 | -€42,761 | -37.9% |
| Financial debts | 170/4 | €92,762 | €50,001 | -€42,761 | -46.1% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €169,521 | €121,084 | -€48,437 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €41,226 | €42,761 | +€1,536 | +3.7% |
| Financial debts | 43 | €24,143 | €17,134 | -€7,009 | -29.0% |
| Credit institutions | 430/8 | €24,143 | €17,134 | -€7,009 | -29.0% |
| Trade debts | 44 | €51,435 | €4,042 | -€47,393 | -92.1% |
| Suppliers | 440/4 | €51,435 | €4,042 | -€47,393 | -92.1% |
| Taxes, remuneration and social security | 45 | €50,762 | €55,725 | +€4,963 | +9.8% |
| Taxes | 450/3 | €36,406 | €44,576 | +€8,170 | +22.4% |
| Remuneration and social security | 454/9 | €14,356 | €11,149 | -€3,206 | -22.3% |
| Other amounts payable | 47/48 | €1,956 | €1,421 | -€535 | -27.3% |
| Remuneration, social security and pensions | 62 | €54,797 | €55,335 | +€538 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,658 | €43,010 | -€10,648 | -19.8% |
| Other operating charges | 640/8 | €5,095 | €6,227 | +€1,132 | +22.2% |
| Gross operating margin | 9900 | €146,921 | €163,588 | +€16,667 | +11.3% |
| Operating profit (loss) | 9901 | €33,371 | €59,016 | +€25,645 | +76.8% |
| Financial income | 75/76B | €750 | €2,250 | +€1,500 | +200% |
| Recurring financial income | 75 | €750 | €2,250 | +€1,500 | +200% |
| Financial charges | 65/66B | €8,875 | €6,752 | -€2,123 | -23.9% |
| Recurring financial charges | 65 | €8,875 | €6,752 | -€2,123 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €25,247 | €54,515 | +€29,268 | +116% |
| Income taxes | 67/77 | €10,870 | €12,482 | +€1,613 | +14.8% |
| Profit (loss) for the period | 9904 | €14,377 | €42,032 | +€27,655 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €14,377 | €42,032 | +€27,655 | +192% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.