ECAPRO: 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.
ECAPRO
Largest movements
- Receivables within one year +€37,210
up €37,210 (+34.9%), from €106,701 to €143,911
of which Other amounts receivable: +€54,208
- Profit (loss) carried forward +€36,279
up €36,279 (+83.7%), from €43,369 to €79,648
- Advances received -€23,377
no longer reported in 2025 (was €23,377)
- Tax, wage and social debts +€16,566
up €16,566 (+335.5%), from €4,938 to €21,504
of which Taxes: +€15,872
- Trade debts +€6,992
up €6,992 (+874.0%), from €800 to €7,792
of which Bills of exchange payable: +€6,782
- Gross operating margin +€13,522
up €13,522 (+33.7%), from €40,078 to €53,600
- Taxes +€13,282
up €13,282 (+453.3%), from €2,930 to €16,211
- Financial income -€4,459
no longer reported in 2025 (was €4,459)
- Depreciation -€1,556
down €1,556 (-66.7%), from €2,333 to €778
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 | €107,484 | €143,943 | +€36,459 | +33.9% |
| Fixed assets | 21/28 | €778 | - | -€778 | |
| Tangible fixed assets | 22/27 | €778 | - | -€778 | |
| Furniture and vehicles | 24 | €778 | - | -€778 | |
| Current assets | 29/58 | €106,706 | €143,943 | +€37,237 | +34.9% |
| Amounts receivable within one year | 40/41 | €106,701 | €143,911 | +€37,210 | +34.9% |
| Trade receivables | 40 | €30,103 | €13,105 | -€16,998 | -56.5% |
| Other amounts receivable | 41 | €76,598 | €130,806 | +€54,208 | +70.8% |
| Cash at bank and in hand | 54/58 | €5 | €32 | +€27 | +491.0% |
| Total equity and liabilities | 10/49 | €107,484 | €143,943 | +€36,459 | +33.9% |
| Equity | 10/15 | €45,369 | €81,648 | +€36,279 | +80.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,369 | €79,648 | +€36,279 | +83.7% |
| Amounts payable | 17/49 | €62,115 | €62,296 | +€181 | +0.3% |
| Amounts payable within one year | 42/48 | €62,115 | €62,296 | +€181 | +0.3% |
| Trade debts | 44 | €800 | €7,792 | +€6,992 | +874.0% |
| Suppliers | 440/4 | €800 | €1,010 | +€210 | +26.3% |
| Bills of exchange payable | 441 | - | €6,782 | +€6,782 | |
| Advances received on contracts in progress | 46 | €23,377 | - | -€23,377 | |
| Taxes, remuneration and social security | 45 | €4,938 | €21,504 | +€16,566 | +335.5% |
| Taxes | 450/3 | €4,938 | €20,810 | +€15,872 | +321.5% |
| Remuneration and social security | 454/9 | - | €694 | +€694 | |
| Other amounts payable | 47/48 | €33,000 | €33,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,333 | €778 | -€1,556 | -66.7% |
| Gross operating margin | 9900 | €40,078 | €53,600 | +€13,522 | +33.7% |
| Operating profit (loss) | 9901 | €37,745 | €52,822 | +€15,077 | +39.9% |
| Financial income | 75/76B | €4,459 | - | -€4,459 | |
| Recurring financial income | 75 | €4,459 | - | -€4,459 | |
| Financial charges | 65/66B | €213 | €332 | +€119 | +55.8% |
| Recurring financial charges | 65 | €213 | €332 | +€119 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €41,991 | €52,490 | +€10,499 | +25.0% |
| Income taxes | 67/77 | €2,930 | €16,211 | +€13,282 | +453.3% |
| Profit (loss) for the period | 9904 | €39,061 | €36,279 | -€2,782 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,061 | €36,279 | -€2,782 | -7.1% |
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 7 October 2026 via checked.be.