Echelle-Gent: 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.
Echelle-Gent
Largest movements
- Cash +€21,190
up €21,190 (+21.8%), from €97,263 to €118,454
mainly Net result for the year (+€72,866) and Other debts (+€47,305)
- Stocks and contracts +€16,033
up €16,033 (+17.1%), from €93,963 to €109,996
- Receivables within one year -€16,015
down €16,015 (-28.8%), from €55,522 to €39,508
of which Trade receivables: -€18,325
- Tangible fixed assets -€12,071
down €12,071 (-33.0%), from €36,603 to €24,532
of which Furniture and vehicles: -€7,816
- Current investments -€11,498
no longer reported in 2025 (was €11,498)
- Trade debts -€89,338
down €89,338 (-73.3%), from €121,891 to €32,553
- Other debts +€47,305
up €47,305 (+140%), from €33,789 to €81,094
- Tax, wage and social debts +€28,092
up €28,092 (+199%), from €14,086 to €42,177
- Provisions +€7,500
new in 2025: €7,500
- Gross operating margin +€66,431
up €66,431 (+91.3%), from €72,799 to €139,230
- Taxes +€17,492
up €17,492 (+135%), from €12,964 to €30,456
- Financial charges +€12,307
up €12,307 (+214%), from €5,762 to €18,070
of which Non-recurring financial charges: +€11,498
- Provisions +€7,500
new in 2025: €7,500
- Depreciation -€3,899
down €3,899 (-28.8%), from €13,544 to €9,645
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 | €301,850 | €296,489 | -€5,361 | -1.8% |
| Fixed assets | 21/28 | €43,603 | €28,532 | -€15,071 | -34.6% |
| Intangible fixed assets | 21 | €7,000 | €4,000 | -€3,000 | -42.9% |
| Tangible fixed assets | 22/27 | €36,603 | €24,532 | -€12,071 | -33.0% |
| Plant, machinery and equipment | 23 | €1,100 | €422 | -€679 | -61.7% |
| Furniture and vehicles | 24 | €12,535 | €4,719 | -€7,816 | -62.4% |
| Other tangible fixed assets | 26 | €22,968 | €19,392 | -€3,576 | -15.6% |
| Current assets | 29/58 | €258,246 | €267,957 | +€9,711 | +3.8% |
| Stocks and contracts in progress | 3 | €93,963 | €109,996 | +€16,033 | +17.1% |
| Stocks | 30/36 | €93,963 | €109,996 | +€16,033 | +17.1% |
| Amounts receivable within one year | 40/41 | €55,522 | €39,508 | -€16,015 | -28.8% |
| Trade receivables | 40 | €55,310 | €36,985 | -€18,325 | -33.1% |
| Other amounts receivable | 41 | €212 | €2,523 | +€2,311 | +1,089% |
| Current investments | 50/53 | €11,498 | - | -€11,498 | |
| Cash at bank and in hand | 54/58 | €97,263 | €118,454 | +€21,190 | +21.8% |
| Total equity and liabilities | 10/49 | €301,850 | €296,489 | -€5,361 | -1.8% |
| Equity | 10/15 | €132,084 | €132,084 | -€0 | 0.0% |
| Reserves | 13 | €132,084 | €132,084 | -€0 | 0.0% |
| Distributable reserves | 133 | €132,084 | €132,084 | -€0 | 0.0% |
| Provisions and deferred taxes | 16 | - | €7,500 | +€7,500 | |
| Provisions for liabilities and charges | 160/5 | - | €7,500 | +€7,500 | |
| Major repairs and maintenance | 162 | - | €7,500 | +€7,500 | |
| Amounts payable | 17/49 | €169,766 | €156,905 | -€12,861 | -7.6% |
| Amounts payable within one year | 42/48 | €169,766 | €155,824 | -€13,941 | -8.2% |
| Trade debts | 44 | €121,891 | €32,553 | -€89,338 | -73.3% |
| Suppliers | 440/4 | €121,891 | €32,553 | -€89,338 | -73.3% |
| Taxes, remuneration and social security | 45 | €14,086 | €42,177 | +€28,092 | +199% |
| Taxes | 450/3 | €14,086 | €42,177 | +€28,092 | +199% |
| Other amounts payable | 47/48 | €33,789 | €81,094 | +€47,305 | +140% |
| Accrued charges and deferred income | 492/3 | - | €1,081 | +€1,081 | |
| Non-recurring operating income | 76A | €157 | - | -€157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,544 | €9,645 | -€3,899 | -28.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €7,500 | +€7,500 | |
| Other operating charges | 640/8 | €4,572 | €3,813 | -€759 | -16.6% |
| Non-recurring operating charges | 66A | €23 | - | -€23 | |
| Gross operating margin | 9900 | €72,799 | €139,230 | +€66,431 | +91.3% |
| Operating profit (loss) | 9901 | €54,660 | €118,273 | +€63,612 | +116% |
| Financial income | 75/76B | €67 | €3,119 | +€3,053 | +4,577% |
| Recurring financial income | 75 | €67 | €3,119 | +€3,053 | +4,577% |
| Financial charges | 65/66B | €5,762 | €18,070 | +€12,307 | +214% |
| Recurring financial charges | 65 | €5,762 | €6,572 | +€809 | +14.0% |
| Non-recurring financial charges | 66B | - | €11,498 | +€11,498 | |
| Profit (loss) for the period before taxes | 9903 | €48,965 | €103,323 | +€54,358 | +111% |
| Income taxes | 67/77 | €12,964 | €30,456 | +€17,492 | +135% |
| Profit (loss) for the period | 9904 | €36,000 | €72,866 | +€36,866 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €36,000 | €72,866 | +€36,866 | +102% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.