ECHO: 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.
ECHO
Largest movements
- Cash +€55,555
up €55,555 (+305.8%), from €18,166 to €73,721
mainly Other debts (+€36,252) and Net result for the year (+€32,303)
- Receivables within one year -€11,351
down €11,351 (-31.2%), from €36,348 to €24,997
of which Other amounts receivable: -€7,334
- Other debts +€36,252
up €36,252 (+2545.3%), from €1,424 to €37,677
- Profit (loss) carried forward +€32,303
up €32,303 (+69.3%), from -€46,635 to -€14,331
- Tax, wage and social debts -€14,462
down €14,462 (-99.4%), from €14,544 to €82
- Trade debts -€9,243
down €9,243 (-100.0%), from €9,243 to €0
- Gross operating margin +€79,136
up €79,136, from -€46,038 to €33,098
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 | €54,514 | €98,718 | +€44,204 | +81.1% |
| Current assets | 29/58 | €54,514 | €98,718 | +€44,204 | +81.1% |
| Amounts receivable within one year | 40/41 | €36,348 | €24,997 | -€11,351 | -31.2% |
| Trade receivables | 40 | €26,203 | €22,186 | -€4,017 | -15.3% |
| Other amounts receivable | 41 | €10,145 | €2,811 | -€7,334 | -72.3% |
| Cash at bank and in hand | 54/58 | €18,166 | €73,721 | +€55,555 | +305.8% |
| Total equity and liabilities | 10/49 | €54,514 | €98,718 | +€44,204 | +81.1% |
| Equity | 10/15 | €28,656 | €60,960 | +€32,303 | +112.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €65,291 | €65,291 | = | 0.0% |
| Distributable reserves | 133 | €65,291 | €65,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,635 | -€14,331 | +€32,303 | +69.3% |
| Amounts payable | 17/49 | €25,858 | €37,758 | +€11,901 | +46.0% |
| Amounts payable within one year | 42/48 | €25,858 | €37,758 | +€11,901 | +46.0% |
| Trade debts | 44 | €9,243 | €0 | -€9,243 | -100.0% |
| Suppliers | 440/4 | €9,243 | €0 | -€9,243 | -100.0% |
| Advances received on contracts in progress | 46 | €647 | €0 | -€647 | -100.0% |
| Taxes, remuneration and social security | 45 | €14,544 | €82 | -€14,462 | -99.4% |
| Taxes | 450/3 | €14,544 | €82 | -€14,462 | -99.4% |
| Other amounts payable | 47/48 | €1,424 | €37,677 | +€36,252 | +2545.3% |
| Other operating charges | 640/8 | €450 | €400 | -€51 | -11.3% |
| Gross operating margin | 9900 | -€46,038 | €33,098 | +€79,136 | |
| Operating profit (loss) | 9901 | -€46,489 | €32,698 | +€79,187 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €146 | €395 | +€249 | +170.5% |
| Recurring financial charges | 65 | €146 | €395 | +€249 | +170.5% |
| Profit (loss) for the period before taxes | 9903 | -€46,635 | €32,303 | +€78,938 | |
| Profit (loss) for the period | 9904 | -€46,635 | €32,303 | +€78,938 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,635 | €32,303 | +€78,938 |
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 29 September 2026 via checked.be.