Echo Delta: 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.
Echo Delta
Largest movements
- Cash -€4,403
down €4,403 (-96.6%), from €4,556 to €153
mainly Net result for the year (-€7,028) and Receivables within one year (-€2,017)
- Receivables within one year +€2,017
up €2,017 (+58.1%), from €3,470 to €5,486
of which Trade receivables: +€2,017
- Profit (loss) carried forward -€7,028
down €7,028 (-72.4%), from -€9,710 to -€16,738
- Other debts +€4,165
up €4,165 (+172%), from €2,422 to €6,587
- Advances received +€2,939
new in 2025: €2,939
- Trade debts -€1,943
down €1,943 (-21.4%), from €9,088 to €7,145
- Tax, wage and social debts -€609
down €609 (-16.5%), from €3,698 to €3,089
- Gross operating margin -€19,496
down €19,496, from €14,653 to -€4,843
- Other operating charges +€1,260
up €1,260 (+399%), from €316 to €1,576
- Financial charges -€182
down €182 (-28.6%), from €635 to €453
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 | €8,026 | €5,640 | -€2,386 | -29.7% |
| Current assets | 29/58 | €8,026 | €5,640 | -€2,386 | -29.7% |
| Amounts receivable within one year | 40/41 | €3,470 | €5,486 | +€2,017 | +58.1% |
| Trade receivables | 40 | €3,470 | €5,486 | +€2,017 | +58.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,556 | €153 | -€4,403 | -96.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €8,026 | €5,640 | -€2,386 | -29.7% |
| Equity | 10/15 | -€7,210 | -€14,238 | -€7,028 | -97.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,710 | -€16,738 | -€7,028 | -72.4% |
| Amounts payable | 17/49 | €15,235 | €19,878 | +€4,642 | +30.5% |
| Amounts payable within one year | 42/48 | €15,235 | €19,878 | +€4,642 | +30.5% |
| Financial debts | 43 | €27 | €117 | +€90 | +329% |
| Credit institutions | 430/8 | €27 | €117 | +€90 | +329% |
| Trade debts | 44 | €9,088 | €7,145 | -€1,943 | -21.4% |
| Suppliers | 440/4 | €9,088 | €7,145 | -€1,943 | -21.4% |
| Advances received on contracts in progress | 46 | - | €2,939 | +€2,939 | |
| Taxes, remuneration and social security | 45 | €3,698 | €3,089 | -€609 | -16.5% |
| Taxes | 450/3 | €3,698 | €3,089 | -€609 | -16.5% |
| Other amounts payable | 47/48 | €2,422 | €6,587 | +€4,165 | +172% |
| Remuneration, social security and pensions | 62 | - | €138 | +€138 | |
| Other operating charges | 640/8 | €316 | €1,576 | +€1,260 | +399% |
| Gross operating margin | 9900 | €14,653 | -€4,843 | -€19,496 | |
| Operating profit (loss) | 9901 | €14,337 | -€6,557 | -€20,894 | |
| Financial income | 75/76B | €13 | €14 | +€1 | +5.3% |
| Recurring financial income | 75 | €13 | €14 | +€1 | +5.3% |
| Financial charges | 65/66B | €635 | €453 | -€182 | -28.6% |
| Recurring financial charges | 65 | €635 | €453 | -€182 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €13,715 | -€6,997 | -€20,712 | |
| Income taxes | 67/77 | €145 | €32 | -€113 | -78.2% |
| Profit (loss) for the period | 9904 | €13,570 | -€7,028 | -€20,599 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,570 | -€7,028 | -€20,599 |
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 14 October 2026 via checked.be.