EC Company: 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 Company
Largest movements
- Receivables within one year -€24,683
down €24,683 (-97.8%), from €25,246 to €563
of which Trade receivables: -€25,246
- Cash +€19,068
up €19,068 (+48.5%), from €39,281 to €58,349
mainly Receivables within one year (+€24,683) and Net result for the year (+€3,325)
- Tax, wage and social debts -€6,437
down €6,437 (-34.6%), from €18,601 to €12,164
of which Taxes: -€7,675
- Profit (loss) carried forward +€3,325
up €3,325 (+8.9%), from €37,186 to €40,511
- Trade debts -€2,503
down €2,503 (-67.9%), from €3,684 to €1,181
- Gross operating margin -€33,141
down €33,141 (-35.9%), from €92,226 to €59,085
- Staff costs -€13,523
down €13,523 (-20.5%), from €65,916 to €52,393
- Taxes -€3,548
down €3,548 (-87.9%), from €4,035 to €487
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 | €64,527 | €58,912 | -€5,615 | -8.7% |
| Current assets | 29/58 | €64,527 | €58,912 | -€5,615 | -8.7% |
| Amounts receivable within one year | 40/41 | €25,246 | €563 | -€24,683 | -97.8% |
| Trade receivables | 40 | €25,246 | - | -€25,246 | |
| Other amounts receivable | 41 | - | €563 | +€563 | |
| Cash at bank and in hand | 54/58 | €39,281 | €58,349 | +€19,068 | +48.5% |
| Total equity and liabilities | 10/49 | €64,527 | €58,912 | -€5,615 | -8.7% |
| Equity | 10/15 | €42,186 | €45,511 | +€3,325 | +7.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,186 | €40,511 | +€3,325 | +8.9% |
| Amounts payable | 17/49 | €22,341 | €13,401 | -€8,940 | -40.0% |
| Amounts payable within one year | 42/48 | €22,341 | €13,401 | -€8,940 | -40.0% |
| Trade debts | 44 | €3,684 | €1,181 | -€2,503 | -67.9% |
| Suppliers | 440/4 | €3,684 | €1,181 | -€2,503 | -67.9% |
| Taxes, remuneration and social security | 45 | €18,601 | €12,164 | -€6,437 | -34.6% |
| Taxes | 450/3 | €13,643 | €5,968 | -€7,675 | -56.3% |
| Remuneration and social security | 454/9 | €4,958 | €6,196 | +€1,238 | +25.0% |
| Other amounts payable | 47/48 | €56 | €56 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €65,916 | €52,393 | -€13,523 | -20.5% |
| Other operating charges | 640/8 | €1,725 | €855 | -€870 | -50.4% |
| Gross operating margin | 9900 | €92,226 | €59,085 | -€33,141 | -35.9% |
| Operating profit (loss) | 9901 | €24,585 | €5,837 | -€18,748 | -76.3% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €2,382 | €2,049 | -€333 | -14.0% |
| Recurring financial charges | 65 | €2,382 | €2,049 | -€333 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €22,203 | €3,812 | -€18,391 | -82.8% |
| Income taxes | 67/77 | €4,035 | €487 | -€3,548 | -87.9% |
| Profit (loss) for the period | 9904 | €18,168 | €3,325 | -€14,843 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,168 | €3,325 | -€14,843 | -81.7% |
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 31 October 2026 via checked.be.