ECARSA SA: 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.
ECARSA SA
Largest movements
- Cash -€982
down €982 (-62.7%), from €1,565 to €583
mainly Debts after one year (-€1.4m) and Net result for the year (-€18,572)
- Receivables within one year -€240
down €240 (-100%), from €240 to €0
- Other debts +€1.4m
up €1.4m (+166%), from €821,922 to €2.2m
- Debts after one year -€1.4m
down €1.4m (-100%), from €1.4m to €0
- Profit (loss) carried forward -€18,572
down €18,572 (-0.6%), from -€3.0m to -€3.0m
- Tax, wage and social debts +€2,700
new in 2024: €2,700
- Trade debts +€2,026
up €2,026 (+498%), from €407 to €2,434
- Other operating charges +€14,147
new in 2024: €14,147
- Financial charges +€13,081
up €13,081 (+1,948%), from €672 to €13,753
- Write-downs -€11,447
new in 2024: -€11,447
- Depreciation -€7,734
down €7,734 (-100%), from €7,734 to €0
- Gross operating margin -€967
down €967 (-83.9%), from -€1,152 to -€2,119
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 | €1,805 | €583 | -€1,222 | -67.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €1,805 | €583 | -€1,222 | -67.7% |
| Amounts receivable within one year | 40/41 | €240 | €0 | -€240 | -100% |
| Other amounts receivable | 41 | €240 | €0 | -€240 | -100% |
| Cash at bank and in hand | 54/58 | €1,565 | €583 | -€982 | -62.7% |
| Total equity and liabilities | 10/49 | €1,805 | €583 | -€1,222 | -67.7% |
| Equity | 10/15 | -€2,171,392 | -€2,189,964 | -€18,572 | -0.9% |
| Contributions | 10/11 | €821,830 | €821,830 | = | 0.0% |
| Capital | 10 | €821,830 | €821,830 | = | 0.0% |
| Issued capital | 100 | €821,830 | €821,830 | = | 0.0% |
| Reserves | 13 | €512 | €512 | = | 0.0% |
| Non-distributable reserves | 130/1 | €512 | €512 | = | 0.0% |
| Legal reserve | 130 | €512 | €512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,993,734 | -€3,012,306 | -€18,572 | -0.6% |
| Amounts payable | 17/49 | €2,173,197 | €2,190,547 | +€17,350 | +0.8% |
| Amounts payable after more than one year | 17 | €1,350,725 | €0 | -€1.4m | -100% |
| Other amounts payable | 178/9 | €1,350,725 | €0 | -€1.4m | -100% |
| Amounts payable within one year | 42/48 | €822,330 | €2,190,547 | +€1.4m | +166% |
| Trade debts | 44 | €407 | €2,434 | +€2,026 | +498% |
| Suppliers | 440/4 | €407 | €2,434 | +€2,026 | +498% |
| Taxes, remuneration and social security | 45 | - | €2,700 | +€2,700 | |
| Taxes | 450/3 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €821,922 | €2,185,413 | +€1.4m | +166% |
| Accrued charges and deferred income | 492/3 | €143 | €0 | -€143 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,734 | €0 | -€7,734 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€11,447 | -€11,447 | |
| Other operating charges | 640/8 | - | €14,147 | +€14,147 | |
| Gross operating margin | 9900 | -€1,152 | -€2,119 | -€967 | -83.9% |
| Operating profit (loss) | 9901 | -€8,886 | -€4,819 | +€4,068 | +45.8% |
| Financial charges | 65/66B | €672 | €13,753 | +€13,081 | +1,948% |
| Recurring financial charges | 65 | €672 | €13,753 | +€13,081 | +1,948% |
| Profit (loss) for the period before taxes | 9903 | -€9,558 | -€18,572 | -€9,014 | -94.3% |
| Profit (loss) for the period | 9904 | -€9,558 | -€18,572 | -€9,014 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,558 | -€18,572 | -€9,014 | -94.3% |
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 19 October 2026 via checked.be.