ECCO NOVA: 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.
ECCO NOVA
Largest movements
- Cash +€201,950
up €201,950 (+596%), from €33,859 to €235,809
mainly Receivables within one year (+€132,777) and Current investments (+€130,000)
- Receivables within one year -€132,777
down €132,777 (-37.4%), from €355,291 to €222,513
of which Trade receivables: -€121,203
- Current investments -€130,000
down €130,000 (-34.2%), from €380,000 to €250,000
- Intangible fixed assets -€26,123
down €26,123 (-22.5%), from €116,176 to €90,053
- Financial fixed assets -€11,007
down €11,007 (-42.9%), from €25,643 to €14,636
- Trade debts -€80,638
down €80,638 (-66.8%), from €120,637 to €39,999
- Profit (loss) carried forward -€35,362
down €35,362 (-28.4%), from €124,436 to €89,074
- Tax, wage and social debts +€22,408
up €22,408 (+76.4%), from €29,313 to €51,721
of which Taxes: +€18,402
- Debts after one year -€17,857
down €17,857 (-22.2%), from €80,357 to €62,500
- Gross operating margin -€191,691
down €191,691 (-36.6%), from €523,614 to €331,923
- Write-downs -€101,200
no longer reported in 2025 (was €101,200)
- Staff costs +€37,259
up €37,259 (+13.6%), from €273,214 to €310,473
- Taxes -€27,272
no longer reported in 2025 (was €27,272)
- Financial income -€5,772
down €5,772 (-60.8%), from €9,495 to €3,723
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 | €937,647 | €832,141 | -€105,507 | -11.3% |
| Fixed assets | 21/28 | €143,226 | €105,275 | -€37,951 | -26.5% |
| Intangible fixed assets | 21 | €116,176 | €90,053 | -€26,123 | -22.5% |
| Tangible fixed assets | 22/27 | €1,407 | €587 | -€820 | -58.3% |
| Furniture and vehicles | 24 | €220 | - | -€220 | |
| Other tangible fixed assets | 26 | €1,187 | €587 | -€600 | -50.6% |
| Financial fixed assets | 28 | €25,643 | €14,636 | -€11,007 | -42.9% |
| Current assets | 29/58 | €794,421 | €726,865 | -€67,556 | -8.5% |
| Amounts receivable within one year | 40/41 | €355,291 | €222,513 | -€132,777 | -37.4% |
| Trade receivables | 40 | €299,852 | €178,649 | -€121,203 | -40.4% |
| Other amounts receivable | 41 | €55,439 | €43,864 | -€11,575 | -20.9% |
| Current investments | 50/53 | €380,000 | €250,000 | -€130,000 | -34.2% |
| Cash at bank and in hand | 54/58 | €33,859 | €235,809 | +€201,950 | +596% |
| Deferred charges and accrued income | 490/1 | €25,271 | €18,543 | -€6,729 | -26.6% |
| Total equity and liabilities | 10/49 | €937,647 | €832,141 | -€105,507 | -11.3% |
| Equity | 10/15 | €679,435 | €644,073 | -€35,362 | -5.2% |
| Contributions | 10/11 | €549,999 | €549,999 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,436 | €89,074 | -€35,362 | -28.4% |
| Amounts payable | 17/49 | €258,212 | €188,067 | -€70,145 | -27.2% |
| Amounts payable after more than one year | 17 | €80,357 | €62,500 | -€17,857 | -22.2% |
| Financial debts | 170/4 | €80,357 | €62,500 | -€17,857 | -22.2% |
| Amounts payable within one year | 42/48 | €177,855 | €125,033 | -€52,822 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €22,968 | €22,321 | -€647 | -2.8% |
| Trade debts | 44 | €120,637 | €39,999 | -€80,638 | -66.8% |
| Suppliers | 440/4 | €120,637 | €39,999 | -€80,638 | -66.8% |
| Taxes, remuneration and social security | 45 | €29,313 | €51,721 | +€22,408 | +76.4% |
| Taxes | 450/3 | - | €18,402 | +€18,402 | |
| Remuneration and social security | 454/9 | €29,313 | €33,319 | +€4,007 | +13.7% |
| Other amounts payable | 47/48 | €4,937 | €10,992 | +€6,055 | +123% |
| Accrued charges and deferred income | 492/3 | - | €534 | +€534 | |
| Remuneration, social security and pensions | 62 | €273,214 | €310,473 | +€37,259 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,925 | €56,154 | +€229 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €101,200 | - | -€101,200 | |
| Other operating charges | 640/8 | €773 | €1,363 | +€590 | +76.3% |
| Gross operating margin | 9900 | €523,614 | €331,923 | -€191,691 | -36.6% |
| Operating profit (loss) | 9901 | €92,502 | -€36,067 | -€128,569 | |
| Financial income | 75/76B | €9,495 | €3,723 | -€5,772 | -60.8% |
| Recurring financial income | 75 | €9,495 | €3,723 | -€5,772 | -60.8% |
| Financial charges | 65/66B | €3,659 | €3,017 | -€641 | -17.5% |
| Recurring financial charges | 65 | €3,659 | €3,017 | -€641 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €98,338 | -€35,362 | -€133,700 | |
| Income taxes | 67/77 | €27,272 | - | -€27,272 | |
| Profit (loss) for the period | 9904 | €71,066 | -€35,362 | -€106,428 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,066 | -€35,362 | -€106,428 |
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 21 October 2026 via checked.be.