EC Management Solutions: what changed
Two fiscal 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 Management Solutions
Largest movements
- Cash +€79,623
up €79,623 (+560.9%), from €14,195 to €93,818
mainly Net result for the year (+€75,397) and Trade debts (+€13,273)
- Receivables within one year +€15,125
up €15,125 (+26.3%), from €57,475 to €72,600
- Reserves +€75,397
up €75,397 (+137.8%), from €54,724 to €130,121
- Trade debts +€13,273
up €13,273 (+1779.6%), from €746 to €14,019
- Tax, wage and social debts +€3,994
up €3,994 (+12.8%), from €31,201 to €35,195
- Gross operating margin +€31,671
up €31,671 (+45.2%), from €70,139 to €101,810
- Depreciation +€5,807
up €5,807 (+456.6%), from €1,272 to €7,078
- Taxes +€5,143
up €5,143 (+37.6%), from €13,688 to €18,830
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 | €93,898 | €188,318 | +€94,420 | +100.6% |
| Fixed assets | 21/28 | €22,228 | €21,900 | -€329 | -1.5% |
| Tangible fixed assets | 22/27 | €22,228 | €21,900 | -€329 | -1.5% |
| Furniture and vehicles | 24 | €22,228 | €21,900 | -€329 | -1.5% |
| Current assets | 29/58 | €71,670 | €166,418 | +€94,748 | +132.2% |
| Amounts receivable within one year | 40/41 | €57,475 | €72,600 | +€15,125 | +26.3% |
| Trade receivables | 40 | €57,475 | €72,600 | +€15,125 | +26.3% |
| Cash at bank and in hand | 54/58 | €14,195 | €93,818 | +€79,623 | +560.9% |
| Total equity and liabilities | 10/49 | €93,898 | €188,318 | +€94,420 | +100.6% |
| Equity | 10/15 | €59,724 | €135,121 | +€75,397 | +126.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,724 | €130,121 | +€75,397 | +137.8% |
| Distributable reserves | 133 | €54,724 | €130,121 | +€75,397 | +137.8% |
| Amounts payable | 17/49 | €34,174 | €53,196 | +€19,022 | +55.7% |
| Amounts payable within one year | 42/48 | €34,174 | €53,196 | +€19,022 | +55.7% |
| Trade debts | 44 | €746 | €14,019 | +€13,273 | +1779.6% |
| Suppliers | 440/4 | €746 | €14,019 | +€13,273 | +1779.6% |
| Taxes, remuneration and social security | 45 | €31,201 | €35,195 | +€3,994 | +12.8% |
| Taxes | 450/3 | €31,201 | €35,195 | +€3,994 | +12.8% |
| Other amounts payable | 47/48 | €2,227 | €3,982 | +€1,755 | +78.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,272 | €7,078 | +€5,807 | +456.6% |
| Other operating charges | 640/8 | €410 | €317 | -€93 | -22.7% |
| Gross operating margin | 9900 | €70,139 | €101,810 | +€31,671 | +45.2% |
| Operating profit (loss) | 9901 | €68,457 | €94,415 | +€25,958 | +37.9% |
| Financial charges | 65/66B | €45 | €187 | +€142 | +316.0% |
| Recurring financial charges | 65 | €45 | €187 | +€142 | +316.0% |
| Profit (loss) for the period before taxes | 9903 | €68,412 | €94,228 | +€25,816 | +37.7% |
| Income taxes | 67/77 | €13,688 | €18,830 | +€5,143 | +37.6% |
| Profit (loss) for the period | 9904 | €54,724 | €75,397 | +€20,673 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,724 | €75,397 | +€20,673 | +37.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.