EC-CONCEPT: 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-CONCEPT
Largest movements
- Tangible fixed assets -€6,875
down €6,875 (-4.3%), from €158,542 to €151,666
of which Land and buildings: -€5,038
- Receivables after one year -€6,000
down €6,000 (-19.4%), from €31,000 to €25,000
- Profit (loss) carried forward +€10,834
up €10,834 (+85.9%), from -€12,610 to -€1,776
- Debts after one year -€10,442
down €10,442 (-9.1%), from €114,323 to €103,881
- Reserves -€9,006
down €9,006 (-55.2%), from €16,304 to €7,298
- Other debts -€5,036
down €5,036 (-8.8%), from €57,039 to €52,003
- Gross operating margin +€15,872
up €15,872 (+279%), from €5,686 to €21,558
- Financial charges +€322
up €322 (+7.9%), from €4,100 to €4,422
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 | €197,135 | €184,654 | -€12,482 | -6.3% |
| Fixed assets | 21/28 | €158,542 | €151,666 | -€6,875 | -4.3% |
| Tangible fixed assets | 22/27 | €158,542 | €151,666 | -€6,875 | -4.3% |
| Land and buildings | 22 | €155,738 | €150,700 | -€5,038 | -3.2% |
| Furniture and vehicles | 24 | €2,569 | €966 | -€1,603 | -62.4% |
| Other tangible fixed assets | 26 | €235 | - | -€235 | |
| Current assets | 29/58 | €38,594 | €32,988 | -€5,606 | -14.5% |
| Amounts receivable after more than one year | 29 | €31,000 | €25,000 | -€6,000 | -19.4% |
| Other amounts receivable | 291 | €31,000 | €25,000 | -€6,000 | -19.4% |
| Amounts receivable within one year | 40/41 | €4,460 | €6,000 | +€1,540 | +34.5% |
| Trade receivables | 40 | - | €6,000 | +€6,000 | |
| Other amounts receivable | 41 | €4,460 | - | -€4,460 | |
| Cash at bank and in hand | 54/58 | €2,145 | €983 | -€1,162 | -54.2% |
| Deferred charges and accrued income | 490/1 | €988 | €1,004 | +€16 | +1.6% |
| Total equity and liabilities | 10/49 | €197,135 | €184,654 | -€12,482 | -6.3% |
| Equity | 10/15 | €9,894 | €11,722 | +€1,828 | +18.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,304 | €7,298 | -€9,006 | -55.2% |
| Distributable reserves | 133 | €16,304 | €7,298 | -€9,006 | -55.2% |
| Profit (loss) carried forward | 14 | -€12,610 | -€1,776 | +€10,834 | +85.9% |
| Amounts payable | 17/49 | €187,242 | €172,932 | -€14,309 | -7.6% |
| Amounts payable after more than one year | 17 | €114,323 | €103,881 | -€10,442 | -9.1% |
| Financial debts | 170/4 | €114,323 | €103,881 | -€10,442 | -9.1% |
| Amounts payable within one year | 42/48 | €70,619 | €66,671 | -€3,948 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €10,197 | €10,442 | +€246 | +2.4% |
| Trade debts | 44 | €2,053 | €1,337 | -€716 | -34.9% |
| Suppliers | 440/4 | €2,053 | €1,337 | -€716 | -34.9% |
| Taxes, remuneration and social security | 45 | €1,330 | €2,889 | +€1,559 | +117% |
| Taxes | 450/3 | €1,330 | €2,889 | +€1,559 | +117% |
| Other amounts payable | 47/48 | €57,039 | €52,003 | -€5,036 | -8.8% |
| Accrued charges and deferred income | 492/3 | €2,299 | €2,380 | +€80 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,983 | €6,875 | -€108 | -1.5% |
| Other operating charges | 640/8 | €751 | €769 | +€18 | +2.4% |
| Gross operating margin | 9900 | €5,686 | €21,558 | +€15,872 | +279% |
| Operating profit (loss) | 9901 | -€2,048 | €13,914 | +€15,962 | |
| Financial income | 75/76B | €1,490 | €1,342 | -€148 | -9.9% |
| Recurring financial income | 75 | €1,490 | €1,342 | -€148 | -9.9% |
| Financial charges | 65/66B | €4,100 | €4,422 | +€322 | +7.9% |
| Recurring financial charges | 65 | €4,100 | €4,422 | +€322 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,658 | €10,834 | +€15,492 | |
| Profit (loss) for the period | 9904 | -€4,658 | €10,834 | +€15,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,658 | €10,834 | +€15,492 |
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 19 October 2026 via checked.be.