ECACHIM: 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.
ECACHIM
Largest movements
- Tangible fixed assets +€55,546
up €55,546 (+16.4%), from €338,257 to €393,803
of which Plant, machinery and equipment: +€53,976
- Receivables within one year -€19,377
down €19,377 (-61.6%), from €31,473 to €12,097
of which Trade receivables: -€18,850
- Cash -€13,045
down €13,045 (-11.5%), from €113,512 to €100,467
mainly Investment in fixed assets (net) (-€205,455) and Other debts (-€30,771)
- Reserves +€80,118
up €80,118 (+24.3%), from €329,800 to €409,919
of which Distributable reserves: +€80,118
- Other debts -€30,771
down €30,771 (-93.2%), from €33,007 to €2,236
- Debts after one year -€20,370
no longer reported in 2025 (was €20,370)
- Taxes +€9,623
up €9,623 (+57.6%), from €16,719 to €26,342
- Depreciation -€6,278
down €6,278 (-4.0%), from €156,187 to €149,909
- Financial charges -€3,644
down €3,644 (-63.6%), from €5,734 to €2,090
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 | €483,377 | €506,501 | +€23,124 | +4.8% |
| Fixed assets | 21/28 | €338,392 | €393,938 | +€55,546 | +16.4% |
| Tangible fixed assets | 22/27 | €338,257 | €393,803 | +€55,546 | +16.4% |
| Land and buildings | 22 | €122,334 | €91,657 | -€30,677 | -25.1% |
| Plant, machinery and equipment | 23 | €23,034 | €77,010 | +€53,976 | +234% |
| Furniture and vehicles | 24 | €192,889 | €225,136 | +€32,247 | +16.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €144,985 | €112,563 | -€32,422 | -22.4% |
| Amounts receivable within one year | 40/41 | €31,473 | €12,097 | -€19,377 | -61.6% |
| Trade receivables | 40 | €30,947 | €12,097 | -€18,850 | -60.9% |
| Other amounts receivable | 41 | €526 | - | -€526 | |
| Cash at bank and in hand | 54/58 | €113,512 | €100,467 | -€13,045 | -11.5% |
| Total equity and liabilities | 10/49 | €483,377 | €506,501 | +€23,124 | +4.8% |
| Equity | 10/15 | €348,400 | €428,519 | +€80,118 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €329,800 | €409,919 | +€80,118 | +24.3% |
| 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 | €327,940 | €408,059 | +€80,118 | +24.4% |
| Amounts payable | 17/49 | €134,977 | €77,982 | -€56,994 | -42.2% |
| Amounts payable after more than one year | 17 | €20,370 | - | -€20,370 | |
| Financial debts | 170/4 | €20,370 | - | -€20,370 | |
| Amounts payable within one year | 42/48 | €114,607 | €77,982 | -€36,624 | -32.0% |
| Current portion of amounts payable after more than one year | 42 | €23,346 | €20,370 | -€2,976 | -12.7% |
| Trade debts | 44 | €1,793 | €3,231 | +€1,439 | +80.3% |
| Suppliers | 440/4 | €1,793 | €3,231 | +€1,439 | +80.3% |
| Taxes, remuneration and social security | 45 | €56,461 | €52,145 | -€4,316 | -7.6% |
| Taxes | 450/3 | €43,422 | €45,645 | +€2,223 | +5.1% |
| Remuneration and social security | 454/9 | €13,038 | €6,500 | -€6,538 | -50.1% |
| Other amounts payable | 47/48 | €33,007 | €2,236 | -€30,771 | -93.2% |
| Non-recurring operating income | 76A | €47,537 | - | -€47,537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,187 | €149,909 | -€6,278 | -4.0% |
| Other operating charges | 640/8 | €6,770 | €5,090 | -€1,681 | -24.8% |
| Gross operating margin | 9900 | €264,352 | €263,176 | -€1,176 | -0.4% |
| Operating profit (loss) | 9901 | €101,394 | €108,177 | +€6,782 | +6.7% |
| Financial income | 75/76B | €364 | €374 | +€10 | +2.6% |
| Recurring financial income | 75 | €364 | €374 | +€10 | +2.6% |
| Financial charges | 65/66B | €5,734 | €2,090 | -€3,644 | -63.6% |
| Recurring financial charges | 65 | €5,734 | €2,090 | -€3,644 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €96,025 | €106,460 | +€10,436 | +10.9% |
| Income taxes | 67/77 | €16,719 | €26,342 | +€9,623 | +57.6% |
| Profit (loss) for the period | 9904 | €79,305 | €80,118 | +€813 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,305 | €80,118 | +€813 | +1.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.