ECACIM: 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.
ECACIM
Largest movements
- Cash -€99,189
down €99,189 (-29.1%), from €341,298 to €242,109
mainly Other debts (-€38,000) and Receivables within one year (-€29,841)
- Receivables within one year +€29,841
up €29,841 (+43.5%), from €68,618 to €98,459
- Tangible fixed assets -€10,106
down €10,106 (-32.4%), from €31,146 to €21,040
of which Furniture and vehicles: -€9,810
- Other debts -€38,000
no longer reported in 2025 (was €38,000)
- Tax, wage and social debts -€19,673
no longer reported in 2025 (was €19,673)
- Profit (loss) carried forward -€17,451
down €17,451 (-10.1%), from €173,637 to €156,186
- Current portion of long-term debt -€5,391
no longer reported in 2025 (was €5,391)
- Gross operating margin -€137,868
down €137,868, from €135,144 to -€2,724
- Taxes -€24,997
down €24,997 (-97.6%), from €25,620 to €623
- Depreciation -€12,785
down €12,785 (-53.1%), from €24,059 to €11,275
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 | €442,161 | €362,708 | -€79,453 | -18.0% |
| Fixed assets | 21/28 | €32,246 | €22,140 | -€10,106 | -31.3% |
| Tangible fixed assets | 22/27 | €31,146 | €21,040 | -€10,106 | -32.4% |
| Furniture and vehicles | 24 | €14,993 | €5,184 | -€9,810 | -65.4% |
| Other tangible fixed assets | 26 | €16,152 | €15,856 | -€296 | -1.8% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €409,916 | €340,568 | -€69,347 | -16.9% |
| Amounts receivable within one year | 40/41 | €68,618 | €98,459 | +€29,841 | +43.5% |
| Other amounts receivable | 41 | €68,618 | €98,459 | +€29,841 | +43.5% |
| Cash at bank and in hand | 54/58 | €341,298 | €242,109 | -€99,189 | -29.1% |
| Total equity and liabilities | 10/49 | €442,161 | €362,708 | -€79,453 | -18.0% |
| Equity | 10/15 | €379,097 | €361,646 | -€17,451 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,860 | €186,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €185,000 | €185,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,637 | €156,186 | -€17,451 | -10.1% |
| Amounts payable | 17/49 | €63,064 | €1,062 | -€62,002 | -98.3% |
| Amounts payable within one year | 42/48 | €63,064 | €1,062 | -€62,002 | -98.3% |
| Current portion of amounts payable after more than one year | 42 | €5,391 | - | -€5,391 | |
| Trade debts | 44 | - | €1,062 | +€1,062 | |
| Suppliers | 440/4 | - | €1,062 | +€1,062 | |
| Taxes, remuneration and social security | 45 | €19,673 | - | -€19,673 | |
| Taxes | 450/3 | €19,673 | - | -€19,673 | |
| Other amounts payable | 47/48 | €38,000 | - | -€38,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,059 | €11,275 | -€12,785 | -53.1% |
| Other operating charges | 640/8 | €2,077 | €2,646 | +€570 | +27.4% |
| Gross operating margin | 9900 | €135,144 | -€2,724 | -€137,868 | |
| Operating profit (loss) | 9901 | €109,008 | -€16,645 | -€125,653 | |
| Financial charges | 65/66B | €365 | €184 | -€181 | -49.7% |
| Recurring financial charges | 65 | €365 | €184 | -€181 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €108,643 | -€16,828 | -€125,471 | |
| Income taxes | 67/77 | €25,620 | €623 | -€24,997 | -97.6% |
| Profit (loss) for the period | 9904 | €83,023 | -€17,451 | -€100,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,023 | -€17,451 | -€100,474 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.