EC 9: 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.
EC 9
Largest movements
- Receivables within one year -€634
down €634 (-8.0%), from €7,940 to €7,305
- Profit (loss) carried forward -€637
down €637 (-86.1%), from -€739 to -€1,375
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
- Gross operating margin -€5
down €5 (-3.0%), from -€179 to -€184
- Financial charges +€5
up €5 (+9.9%), from €48 to €53
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 | €7,972 | €7,335 | -€636 | -8.0% |
| Current assets | 29/58 | €7,972 | €7,335 | -€636 | -8.0% |
| Amounts receivable within one year | 40/41 | €7,940 | €7,305 | -€634 | -8.0% |
| Other amounts receivable | 41 | €7,940 | €7,305 | -€634 | -8.0% |
| Cash at bank and in hand | 54/58 | €32 | €30 | -€2 | -6.7% |
| Total equity and liabilities | 10/49 | €7,972 | €7,335 | -€636 | -8.0% |
| Equity | 10/15 | €7,321 | €6,685 | -€637 | -8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€739 | -€1,375 | -€637 | -86.1% |
| Amounts payable | 17/49 | €651 | €651 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €651 | €651 | +€0 | 0.0% |
| Trade debts | 44 | €558 | €558 | +€0 | 0.0% |
| Suppliers | 440/4 | €558 | €558 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €93 | €93 | = | 0.0% |
| Taxes | 450/3 | €93 | €93 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€179 | -€184 | -€5 | -3.0% |
| Operating profit (loss) | 9901 | -€566 | -€584 | -€18 | -3.1% |
| Financial charges | 65/66B | €48 | €53 | +€5 | +9.9% |
| Recurring financial charges | 65 | €48 | €53 | +€5 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€614 | -€637 | -€23 | -3.7% |
| Profit (loss) for the period | 9904 | -€614 | -€637 | -€23 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€614 | -€637 | -€23 | -3.7% |
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 10 October 2026 via checked.be.