EC TRADING: 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 TRADING
Largest movements
- Cash -€3,670
down €3,670 (-68.5%), from €5,361 to €1,691
mainly Net result for the year (-€2,150) and Trade debts (-€1,853)
- Receivables within one year +€379
new in 2024: €379
- Deferred charges and accrued income -€99
no longer reported in 2024 (was €99)
- Profit (loss) carried forward -€2,150
down €2,150 (-1.2%), from -€183,235 to -€185,386
- Other debts +€2,097
up €2,097 (+2.0%), from €103,299 to €105,395
- Trade debts -€1,853
no longer reported in 2024 (was €1,853)
- Tax, wage and social debts -€1,483
no longer reported in 2024 (was €1,483)
- Purchases and services -€21,852
down €21,852 (-91.9%), from €23,770 to €1,918
- Turnover -€13,543
no longer reported in 2024 (was €13,543)
- Gross operating margin +€8,309
up €8,309 (+81.2%), from -€10,227 to -€1,918
- Other operating charges -€839
down €839 (-87.7%), from €957 to €118
- Taxes -€783
no longer reported in 2024 (was €783)
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 | €5,460 | €2,070 | -€3,390 | -62.1% |
| Current assets | 29/58 | €5,460 | €2,070 | -€3,390 | -62.1% |
| Amounts receivable within one year | 40/41 | - | €379 | +€379 | |
| Other amounts receivable | 41 | - | €379 | +€379 | |
| Cash at bank and in hand | 54/58 | €5,361 | €1,691 | -€3,670 | -68.5% |
| Deferred charges and accrued income | 490/1 | €99 | - | -€99 | |
| Total equity and liabilities | 10/49 | €5,460 | €2,070 | -€3,390 | -62.1% |
| Equity | 10/15 | -€101,175 | -€103,326 | -€2,150 | -2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,860 | €75,860 | = | 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% |
| Distributable reserves | 133 | €74,000 | €74,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,235 | -€185,386 | -€2,150 | -1.2% |
| Amounts payable | 17/49 | €106,635 | €105,395 | -€1,240 | -1.2% |
| Amounts payable within one year | 42/48 | €106,635 | €105,395 | -€1,240 | -1.2% |
| Trade debts | 44 | €1,853 | - | -€1,853 | |
| Suppliers | 440/4 | €1,853 | - | -€1,853 | |
| Taxes, remuneration and social security | 45 | €1,483 | - | -€1,483 | |
| Taxes | 450/3 | €1,483 | - | -€1,483 | |
| Other amounts payable | 47/48 | €103,299 | €105,395 | +€2,097 | +2.0% |
| Turnover | 70 | €13,543 | - | -€13,543 | |
| Goods, raw materials, services and sundry goods | 60/61 | €23,770 | €1,918 | -€21,852 | -91.9% |
| Other operating charges | 640/8 | €957 | €118 | -€839 | -87.7% |
| Non-recurring operating charges | 66A | €6,693 | - | -€6,693 | |
| Gross operating margin | 9900 | -€10,227 | -€1,918 | +€8,309 | +81.2% |
| Operating profit (loss) | 9901 | -€17,878 | -€2,036 | +€15,842 | +88.6% |
| Financial charges | 65/66B | €719 | €115 | -€605 | -84.0% |
| Recurring financial charges | 65 | €719 | €115 | -€605 | -84.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,597 | -€2,150 | +€16,447 | +88.4% |
| Income taxes | 67/77 | €783 | - | -€783 | |
| Profit (loss) for the period | 9904 | -€19,380 | -€2,150 | +€17,229 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,380 | -€2,150 | +€17,229 | +88.9% |
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 24 October 2026 via checked.be.