E-Coord: 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-Coord
Largest movements
- Receivables within one year -€14,182
down €14,182 (-45.9%), from €30,905 to €16,723
of which Trade receivables: -€15,182
- Cash +€4,645
up €4,645 (+7.5%), from €61,760 to €66,405
mainly Receivables within one year (+€14,182) and Other debts (+€12,244)
- Other debts +€12,244
up €12,244 (+121.1%), from €10,113 to €22,357
- Reserves -€10,416
down €10,416 (-19.9%), from €52,302 to €41,886
- Tax, wage and social debts -€5,167
down €5,167 (-41.9%), from €12,341 to €7,173
- Profit (loss) carried forward -€3,360
down €3,360, from €2,227 to -€1,132
- Trade debts -€2,307
down €2,307 (-31.6%), from €7,294 to €4,986
- Gross operating margin -€10,064
down €10,064, from €8,225 to -€1,839
- Taxes -€1,910
down €1,910 (-97.8%), from €1,954 to €44
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 | €98,788 | €89,251 | -€9,538 | -9.7% |
| Current assets | 29/58 | €98,788 | €89,251 | -€9,538 | -9.7% |
| Amounts receivable within one year | 40/41 | €30,905 | €16,723 | -€14,182 | -45.9% |
| Trade receivables | 40 | €30,905 | €15,723 | -€15,182 | -49.1% |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €61,760 | €66,405 | +€4,645 | +7.5% |
| Deferred charges and accrued income | 490/1 | €6,124 | €6,124 | = | 0.0% |
| Total equity and liabilities | 10/49 | €98,788 | €89,251 | -€9,538 | -9.7% |
| Equity | 10/15 | €67,729 | €53,954 | -€13,776 | -20.3% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €52,302 | €41,886 | -€10,416 | -19.9% |
| Distributable reserves | 133 | €52,302 | €41,886 | -€10,416 | -19.9% |
| Profit (loss) carried forward | 14 | €2,227 | -€1,132 | -€3,360 | |
| Amounts payable | 17/49 | €31,059 | €35,297 | +€4,238 | +13.6% |
| Amounts payable within one year | 42/48 | €29,747 | €34,517 | +€4,769 | +16.0% |
| Trade debts | 44 | €7,294 | €4,986 | -€2,307 | -31.6% |
| Suppliers | 440/4 | €7,294 | €4,986 | -€2,307 | -31.6% |
| Taxes, remuneration and social security | 45 | €12,341 | €7,173 | -€5,167 | -41.9% |
| Taxes | 450/3 | €12,341 | €7,173 | -€5,167 | -41.9% |
| Other amounts payable | 47/48 | €10,113 | €22,357 | +€12,244 | +121.1% |
| Accrued charges and deferred income | 492/3 | €1,312 | €781 | -€531 | -40.5% |
| Other operating charges | 640/8 | €631 | €647 | +€16 | +2.6% |
| Gross operating margin | 9900 | €8,225 | -€1,839 | -€10,064 | |
| Operating profit (loss) | 9901 | €7,594 | -€2,487 | -€10,080 | |
| Financial charges | 65/66B | €833 | €829 | -€4 | -0.4% |
| Recurring financial charges | 65 | €833 | €829 | -€4 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €6,761 | -€3,316 | -€10,077 | |
| Income taxes | 67/77 | €1,954 | €44 | -€1,910 | -97.8% |
| Profit (loss) for the period | 9904 | €4,807 | -€3,360 | -€8,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,807 | -€3,360 | -€8,167 |
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 12 October 2026 via checked.be.