E.C. INTERNATIONAL: 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. INTERNATIONAL
Largest movements
- Financial fixed assets +€36,000
new in 2025: €36,000
- Cash +€7,666
up €7,666 (+163%), from €4,702 to €12,369
mainly Net result for the year (+€93,143) and Depreciation (+€4,251)
- Tangible fixed assets -€3,533
down €3,533 (-27.2%), from €12,968 to €9,435
of which Furniture and vehicles: -€1,985
- Reserves +€93,143
up €93,143 (+371%), from €25,080 to €118,223
of which Distributable reserves: +€93,143
- Short-term financial debts -€32,250
down €32,250 (-50.5%), from €63,902 to €31,652
- Trade debts -€12,524
down €12,524 (-48.4%), from €25,861 to €13,337
- Tax, wage and social debts -€7,619
down €7,619 (-21.0%), from €36,198 to €28,579
of which Remuneration and social security: -€7,433
- Gross operating margin +€59,504
up €59,504 (+49.2%), from €120,865 to €180,369
- Staff costs -€26,481
down €26,481 (-26.5%), from €99,884 to €73,403
- Depreciation -€6,497
down €6,497 (-60.4%), from €10,748 to €4,251
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 | €169,633 | €210,383 | +€40,750 | +24.0% |
| Fixed assets | 21/28 | €13,686 | €45,435 | +€31,749 | +232% |
| Intangible fixed assets | 21 | €718 | €0 | -€718 | -100% |
| Tangible fixed assets | 22/27 | €12,968 | €9,435 | -€3,533 | -27.2% |
| Furniture and vehicles | 24 | €6,775 | €4,790 | -€1,985 | -29.3% |
| Other tangible fixed assets | 26 | €6,193 | €4,645 | -€1,548 | -25.0% |
| Financial fixed assets | 28 | - | €36,000 | +€36,000 | |
| Current assets | 29/58 | €155,947 | €164,948 | +€9,001 | +5.8% |
| Stocks and contracts in progress | 3 | €23,825 | €23,825 | = | 0.0% |
| Stocks | 30/36 | €23,825 | €23,825 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €121,784 | €123,728 | +€1,943 | +1.6% |
| Trade receivables | 40 | €25,121 | €31,515 | +€6,394 | +25.5% |
| Other amounts receivable | 41 | €96,663 | €92,212 | -€4,451 | -4.6% |
| Cash at bank and in hand | 54/58 | €4,702 | €12,369 | +€7,666 | +163% |
| Deferred charges and accrued income | 490/1 | €5,635 | €5,026 | -€609 | -10.8% |
| Total equity and liabilities | 10/49 | €169,633 | €210,383 | +€40,750 | +24.0% |
| Equity | 10/15 | €43,672 | €136,815 | +€93,143 | +213% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €25,080 | €118,223 | +€93,143 | +371% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €23,220 | €116,363 | +€93,143 | +401% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,961 | €73,568 | -€52,393 | -41.6% |
| Amounts payable within one year | 42/48 | €125,961 | €73,568 | -€52,393 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €63,902 | €31,652 | -€32,250 | -50.5% |
| Credit institutions | 430/8 | €63,902 | €31,652 | -€32,250 | -50.5% |
| Trade debts | 44 | €25,861 | €13,337 | -€12,524 | -48.4% |
| Suppliers | 440/4 | €25,861 | €13,337 | -€12,524 | -48.4% |
| Taxes, remuneration and social security | 45 | €36,198 | €28,579 | -€7,619 | -21.0% |
| Taxes | 450/3 | €928 | €743 | -€186 | -20.0% |
| Remuneration and social security | 454/9 | €35,269 | €27,836 | -€7,433 | -21.1% |
| Remuneration, social security and pensions | 62 | €99,884 | €73,403 | -€26,481 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,748 | €4,251 | -€6,497 | -60.4% |
| Other operating charges | 640/8 | €841 | €1,315 | +€475 | +56.5% |
| Gross operating margin | 9900 | €120,865 | €180,369 | +€59,504 | +49.2% |
| Operating profit (loss) | 9901 | €9,392 | €101,399 | +€92,007 | +980% |
| Financial income | 75/76B | €762 | €389 | -€373 | -48.9% |
| Recurring financial income | 75 | €762 | €389 | -€373 | -48.9% |
| Financial charges | 65/66B | €9,039 | €8,414 | -€625 | -6.9% |
| Recurring financial charges | 65 | €9,039 | €8,414 | -€625 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €1,115 | €93,375 | +€92,259 | +8,272% |
| Income taxes | 67/77 | €346 | €232 | -€114 | -33.0% |
| Profit (loss) for the period | 9904 | €770 | €93,143 | +€92,373 | +12,004% |
| Profit (loss) for the period to be appropriated | 9905 | €770 | €93,143 | +€92,373 | +12,004% |
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 30 October 2026 via checked.be.