ECHO architecten: what changed
ECHO architecten
Largest movements
- Receivables within one year +€24,861
up €24,861 (+6.6%), from €374,599 to €399,460
of which Trade receivables: +€20,156
- Cash +€11,098
up €11,098 (+1.7%), from €649,346 to €660,444
mainly Net result for the year (+€88,279) and Other debts (+€33,304)
- Other debts +€33,304
up €33,304 (+16.2%), from €205,486 to €238,790
- Reserves -€26,110
down €26,110 (-3.3%), from €781,052 to €754,943
- Trade debts +€12,819
up €12,819 (+56.2%), from €22,810 to €35,629
- Tax, wage and social debts +€12,498
up €12,498 (+40.9%), from €30,584 to €43,081
of which Taxes: +€16,400
- Gross operating margin -€55,101
down €55,101 (-22.0%), from €250,535 to €195,434
- Staff costs -€37,315
down €37,315 (-37.2%), from €100,291 to €62,976
- Financial income +€8,384
up €8,384 (+423%), from €1,981 to €10,365
- Taxes -€4,329
down €4,329 (-10.8%), from €40,198 to €35,869
- Financial charges +€3,028
up €3,028 (+31.3%), from €9,674 to €12,702
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,058,482 | €1,090,992 | +€32,510 | +3.1% |
| Fixed assets | 21/28 | €19,455 | €16,672 | -€2,783 | -14.3% |
| Tangible fixed assets | 22/27 | €19,175 | €16,392 | -€2,783 | -14.5% |
| Furniture and vehicles | 24 | €4,943 | €4,112 | -€831 | -16.8% |
| Other tangible fixed assets | 26 | €14,231 | €12,280 | -€1,951 | -13.7% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €1,039,027 | €1,074,320 | +€35,293 | +3.4% |
| Amounts receivable within one year | 40/41 | €374,599 | €399,460 | +€24,861 | +6.6% |
| Trade receivables | 40 | €53,216 | €73,372 | +€20,156 | +37.9% |
| Other amounts receivable | 41 | €321,382 | €326,088 | +€4,706 | +1.5% |
| Cash at bank and in hand | 54/58 | €649,346 | €660,444 | +€11,098 | +1.7% |
| Deferred charges and accrued income | 490/1 | €15,082 | €14,416 | -€666 | -4.4% |
| Total equity and liabilities | 10/49 | €1,058,482 | €1,090,992 | +€32,510 | +3.1% |
| Equity | 10/15 | €799,602 | €773,493 | -€26,110 | -3.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €781,052 | €754,943 | -€26,110 | -3.3% |
| Distributable reserves | 133 | €781,052 | €754,943 | -€26,110 | -3.3% |
| Amounts payable | 17/49 | €258,879 | €317,500 | +€58,620 | +22.6% |
| Amounts payable within one year | 42/48 | €258,879 | €317,500 | +€58,620 | +22.6% |
| Trade debts | 44 | €22,810 | €35,629 | +€12,819 | +56.2% |
| Suppliers | 440/4 | €22,810 | €35,629 | +€12,819 | +56.2% |
| Taxes, remuneration and social security | 45 | €30,584 | €43,081 | +€12,498 | +40.9% |
| Taxes | 450/3 | €15,063 | €31,463 | +€16,400 | +109% |
| Remuneration and social security | 454/9 | €15,521 | €11,618 | -€3,903 | -25.1% |
| Other amounts payable | 47/48 | €205,486 | €238,790 | +€33,304 | +16.2% |
| Remuneration, social security and pensions | 62 | €100,291 | €62,976 | -€37,315 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,837 | €4,308 | +€471 | +12.3% |
| Other operating charges | 640/8 | €1,486 | €1,665 | +€179 | +12.0% |
| Gross operating margin | 9900 | €250,535 | €195,434 | -€55,101 | -22.0% |
| Operating profit (loss) | 9901 | €144,921 | €126,485 | -€18,436 | -12.7% |
| Financial income | 75/76B | €1,981 | €10,365 | +€8,384 | +423% |
| Recurring financial income | 75 | €1,981 | €10,365 | +€8,384 | +423% |
| Financial charges | 65/66B | €9,674 | €12,702 | +€3,028 | +31.3% |
| Recurring financial charges | 65 | €9,674 | €12,702 | +€3,028 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €137,228 | €124,148 | -€13,081 | -9.5% |
| Income taxes | 67/77 | €40,198 | €35,869 | -€4,329 | -10.8% |
| Profit (loss) for the period | 9904 | €97,030 | €88,279 | -€8,751 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,030 | €88,279 | -€8,751 | -9.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.