ECCLIPSE: 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.
ECCLIPSE
Largest movements
- Cash -€38,007
down €38,007 (-65.7%), from €57,820 to €19,813
mainly Tax, wage and social debts (-€68,146) and Net result for the year (-€51,621)
- Tangible fixed assets -€19,011
down €19,011 (-13.9%), from €137,015 to €118,005
of which Furniture and vehicles: -€20,392
- Receivables within one year +€18,858
up €18,858 (+26.1%), from €72,309 to €91,167
of which Trade receivables: +€9,435
- Stocks and contracts -€4,680
down €4,680 (-7.0%), from €67,162 to €62,482
- Short-term financial debts +€80,000
new in 2025: €80,000
- Tax, wage and social debts -€68,146
down €68,146 (-85.0%), from €80,153 to €12,006
of which Taxes: -€68,146
- Profit (loss) carried forward -€51,621
down €51,621 (-41.9%), from €123,180 to €71,559
- Trade debts +€9,375
up €9,375 (+11.9%), from €78,630 to €88,005
- Provisions -€4,569
down €4,569 (-100%), from €4,569 to €0
- Gross operating margin -€14,453
down €14,453 (-425%), from -€3,403 to -€17,856
- Depreciation +€8,040
up €8,040 (+35.1%), from €22,901 to €30,941
- Provisions -€4,569
new in 2025: -€4,569
- Financial charges +€2,008
up €2,008 (+69.3%), from €2,895 to €4,903
- Financial income -€1,935
no longer reported in 2025 (was €1,935)
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 | €337,240 | €294,119 | -€43,121 | -12.8% |
| Fixed assets | 21/28 | €137,040 | €118,005 | -€19,036 | -13.9% |
| Intangible fixed assets | 21 | €25 | - | -€25 | |
| Tangible fixed assets | 22/27 | €137,015 | €118,005 | -€19,011 | -13.9% |
| Land and buildings | 22 | €54,971 | €52,045 | -€2,926 | -5.3% |
| Plant, machinery and equipment | 23 | €9,882 | €14,189 | +€4,308 | +43.6% |
| Furniture and vehicles | 24 | €72,163 | €51,770 | -€20,392 | -28.3% |
| Current assets | 29/58 | €200,200 | €176,115 | -€24,085 | -12.0% |
| Stocks and contracts in progress | 3 | €67,162 | €62,482 | -€4,680 | -7.0% |
| Stocks | 30/36 | €67,162 | €62,482 | -€4,680 | -7.0% |
| Amounts receivable within one year | 40/41 | €72,309 | €91,167 | +€18,858 | +26.1% |
| Trade receivables | 40 | €65,977 | €75,412 | +€9,435 | +14.3% |
| Other amounts receivable | 41 | €6,332 | €15,756 | +€9,424 | +149% |
| Cash at bank and in hand | 54/58 | €57,820 | €19,813 | -€38,007 | -65.7% |
| Deferred charges and accrued income | 490/1 | €2,909 | €2,652 | -€256 | -8.8% |
| Total equity and liabilities | 10/49 | €337,240 | €294,119 | -€43,121 | -12.8% |
| Equity | 10/15 | €163,640 | €112,019 | -€51,621 | -31.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €11,875 | €11,041 | -€833 | -7.0% |
| Reserves | 13 | €9,985 | €10,819 | +€833 | +8.3% |
| Non-distributable reserves | 130/1 | €9,985 | €10,819 | +€833 | +8.3% |
| Reserves not available under the articles | 1311 | €9,985 | €10,819 | +€833 | +8.3% |
| Profit (loss) carried forward | 14 | €123,180 | €71,559 | -€51,621 | -41.9% |
| Provisions and deferred taxes | 16 | €4,569 | €0 | -€4,569 | -100% |
| Provisions for liabilities and charges | 160/5 | €4,569 | €0 | -€4,569 | -100% |
| Major repairs and maintenance | 162 | €4,569 | €0 | -€4,569 | -100% |
| Amounts payable | 17/49 | €169,031 | €182,100 | +€13,069 | +7.7% |
| Amounts payable within one year | 42/48 | €169,031 | €182,100 | +€13,069 | +7.7% |
| Financial debts | 43 | - | €80,000 | +€80,000 | |
| Credit institutions | 430/8 | - | €80,000 | +€80,000 | |
| Trade debts | 44 | €78,630 | €88,005 | +€9,375 | +11.9% |
| Suppliers | 440/4 | €78,630 | €88,005 | +€9,375 | +11.9% |
| Advances received on contracts in progress | 46 | €4,400 | - | -€4,400 | |
| Taxes, remuneration and social security | 45 | €80,153 | €12,006 | -€68,146 | -85.0% |
| Taxes | 450/3 | €71,101 | €2,954 | -€68,146 | -95.8% |
| Remuneration and social security | 454/9 | €9,052 | €9,052 | = | 0.0% |
| Other amounts payable | 47/48 | €5,848 | €2,089 | -€3,760 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,901 | €30,941 | +€8,040 | +35.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€4,569 | -€4,569 | |
| Other operating charges | 640/8 | €2,206 | €2,490 | +€284 | +12.9% |
| Non-recurring operating charges | 66A | €1,010 | - | -€1,010 | |
| Gross operating margin | 9900 | -€3,403 | -€17,856 | -€14,453 | -425% |
| Operating profit (loss) | 9901 | -€29,520 | -€46,718 | -€17,197 | -58.3% |
| Financial income | 75/76B | €1,935 | - | -€1,935 | |
| Recurring financial income | 75 | €1,935 | - | -€1,935 | |
| Financial charges | 65/66B | €2,895 | €4,903 | +€2,008 | +69.3% |
| Recurring financial charges | 65 | €2,895 | €4,903 | +€2,008 | +69.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,480 | -€51,621 | -€21,140 | -69.4% |
| Profit (loss) for the period | 9904 | -€30,480 | -€51,621 | -€21,140 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,480 | -€51,621 | -€21,140 | -69.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.