EC-PRO: 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-PRO
Largest movements
- Tangible fixed assets +€102,859
up €102,859 (+5,674%), from €1,813 to €104,672
of which Leasing and similar rights: +€87,754
- Receivables within one year -€26,117
down €26,117 (-20.0%), from €130,377 to €104,260
of which Trade receivables: -€26,881
- Cash +€2,470
up €2,470 (+74.0%), from €3,340 to €5,810
mainly Debts after one year (+€44,093) and Receivables within one year (+€26,117)
- Debts after one year +€44,093
new in 2024: €44,093
- Other debts +€25,354
up €25,354 (+1,277%), from €1,985 to €27,340
- Current portion of long-term debt +€17,719
new in 2024: €17,719
- Reserves -€15,506
down €15,506 (-19.7%), from €78,587 to €63,081
of which Distributable reserves: -€15,506
- Profit (loss) carried forward +€3,962
up €3,962 (+13.8%), from €28,808 to €32,770
- Gross operating margin +€43,283
up €43,283 (+86.2%), from €50,198 to €93,481
- Depreciation +€17,594
up €17,594 (+1,311%), from €1,342 to €18,936
- Staff costs -€5,778
down €5,778 (-9.2%), from €62,748 to €56,970
- Other operating charges +€5,001
new in 2024: €5,001
- Financial charges +€2,129
up €2,129 (+847%), from €251 to €2,380
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,902 | €216,114 | +€79,213 | +57.9% |
| Fixed assets | 21/28 | €1,952 | €104,811 | +€102,859 | +5,269% |
| Tangible fixed assets | 22/27 | €1,813 | €104,672 | +€102,859 | +5,674% |
| Plant, machinery and equipment | 23 | €436 | €16,589 | +€16,153 | +3,707% |
| Furniture and vehicles | 24 | €1,377 | €328 | -€1,049 | -76.1% |
| Leasing and similar rights | 25 | - | €87,754 | +€87,754 | |
| Financial fixed assets | 28 | €139 | €139 | = | 0.0% |
| Current assets | 29/58 | €134,949 | €111,303 | -€23,647 | -17.5% |
| Amounts receivable within one year | 40/41 | €130,377 | €104,260 | -€26,117 | -20.0% |
| Trade receivables | 40 | €129,377 | €102,496 | -€26,881 | -20.8% |
| Other amounts receivable | 41 | €1,000 | €1,764 | +€764 | +76.4% |
| Cash at bank and in hand | 54/58 | €3,340 | €5,810 | +€2,470 | +74.0% |
| Deferred charges and accrued income | 490/1 | €1,233 | €1,233 | = | 0.0% |
| Total equity and liabilities | 10/49 | €136,902 | €216,114 | +€79,213 | +57.9% |
| Equity | 10/15 | €113,595 | €102,051 | -€11,544 | -10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,587 | €63,081 | -€15,506 | -19.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €76,727 | €61,221 | -€15,506 | -20.2% |
| Profit (loss) carried forward | 14 | €28,808 | €32,770 | +€3,962 | +13.8% |
| Amounts payable | 17/49 | €23,306 | €114,064 | +€90,757 | +389% |
| Amounts payable after more than one year | 17 | - | €44,093 | +€44,093 | |
| Financial debts | 170/4 | - | €44,093 | +€44,093 | |
| Amounts payable within one year | 42/48 | €23,306 | €69,971 | +€46,665 | +200% |
| Current portion of amounts payable after more than one year | 42 | - | €17,719 | +€17,719 | |
| Trade debts | 44 | €1,146 | €3,320 | +€2,174 | +190% |
| Suppliers | 440/4 | €1,146 | €3,320 | +€2,174 | +190% |
| Taxes, remuneration and social security | 45 | €20,175 | €21,592 | +€1,417 | +7.0% |
| Taxes | 450/3 | €14,149 | €11,864 | -€2,285 | -16.2% |
| Remuneration and social security | 454/9 | €6,026 | €9,729 | +€3,703 | +61.4% |
| Other amounts payable | 47/48 | €1,985 | €27,340 | +€25,354 | +1,277% |
| Remuneration, social security and pensions | 62 | €62,748 | €56,970 | -€5,778 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,342 | €18,936 | +€17,594 | +1,311% |
| Other operating charges | 640/8 | - | €5,001 | +€5,001 | |
| Gross operating margin | 9900 | €50,198 | €93,481 | +€43,283 | +86.2% |
| Operating profit (loss) | 9901 | -€13,891 | €12,574 | +€26,465 | |
| Financial income | 75/76B | €20 | €3 | -€17 | -83.3% |
| Recurring financial income | 75 | €20 | €3 | -€17 | -83.3% |
| Financial charges | 65/66B | €251 | €2,380 | +€2,129 | +847% |
| Recurring financial charges | 65 | €251 | €2,380 | +€2,129 | +847% |
| Profit (loss) for the period before taxes | 9903 | -€14,122 | €10,198 | +€24,320 | |
| Income taxes | 67/77 | €3,000 | €1,236 | -€1,764 | -58.8% |
| Profit (loss) for the period | 9904 | -€17,122 | €8,962 | +€26,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,122 | €8,962 | +€26,084 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.