ECHO en CO: 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 en CO
Largest movements
- Receivables within one year -€4,909
no longer reported in 2025 (was €4,909)
- Tangible fixed assets -€4,825
down €4,825 (-8.1%), from €59,551 to €54,725
of which Other tangible fixed assets: -€4,591
- Cash -€1,290
down €1,290 (-6.1%), from €21,288 to €19,998
mainly Net result for the year (-€11,491) and Other debts (-€1,093)
- Profit (loss) carried forward -€11,491
down €11,491 (-64.6%), from -€17,797 to -€29,288
- Other debts -€1,093
down €1,093 (-1.4%), from €78,184 to €77,092
- Trade debts +€1,069
up €1,069 (+32,392%), from €3 to €1,072
of which Bills of exchange payable: +€1,072
- Gross operating margin -€14,421
down €14,421 (-92.5%), from €15,591 to €1,170
- Financial charges +€5,991
up €5,991 (+13,771%), from €44 to €6,034
- Depreciation -€370
down €370 (-6.5%), from €5,685 to €5,315
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 | €86,291 | €74,776 | -€11,515 | -13.3% |
| Formation expenses | 20 | €543 | €53 | -€490 | -90.3% |
| Fixed assets | 21/28 | €59,551 | €54,725 | -€4,825 | -8.1% |
| Tangible fixed assets | 22/27 | €59,551 | €54,725 | -€4,825 | -8.1% |
| Land and buildings | 22 | €29,747 | €29,747 | = | 0.0% |
| Plant, machinery and equipment | 23 | €494 | €259 | -€235 | -47.5% |
| Other tangible fixed assets | 26 | €29,309 | €24,719 | -€4,591 | -15.7% |
| Current assets | 29/58 | €26,197 | €19,998 | -€6,200 | -23.7% |
| Amounts receivable within one year | 40/41 | €4,909 | - | -€4,909 | |
| Other amounts receivable | 41 | €4,909 | - | -€4,909 | |
| Cash at bank and in hand | 54/58 | €21,288 | €19,998 | -€1,290 | -6.1% |
| Total equity and liabilities | 10/49 | €86,291 | €74,776 | -€11,515 | -13.3% |
| Equity | 10/15 | €8,103 | -€3,388 | -€11,491 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €15,900 | €15,900 | = | 0.0% |
| Distributable reserves | 133 | €15,900 | €15,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,797 | -€29,288 | -€11,491 | -64.6% |
| Amounts payable | 17/49 | €78,188 | €78,164 | -€24 | 0.0% |
| Amounts payable within one year | 42/48 | €78,188 | €78,164 | -€24 | 0.0% |
| Trade debts | 44 | €3 | €1,072 | +€1,069 | +32,392% |
| Suppliers | 440/4 | €3 | - | -€3 | |
| Bills of exchange payable | 441 | - | €1,072 | +€1,072 | |
| Other amounts payable | 47/48 | €78,184 | €77,092 | -€1,093 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,685 | €5,315 | -€370 | -6.5% |
| Other operating charges | 640/8 | €1,271 | €1,311 | +€40 | +3.1% |
| Gross operating margin | 9900 | €15,591 | €1,170 | -€14,421 | -92.5% |
| Operating profit (loss) | 9901 | €8,634 | -€5,457 | -€14,091 | |
| Financial charges | 65/66B | €44 | €6,034 | +€5,991 | +13,771% |
| Recurring financial charges | 65 | €44 | €6,034 | +€5,991 | +13,771% |
| Profit (loss) for the period before taxes | 9903 | €8,591 | -€11,491 | -€20,082 | |
| Profit (loss) for the period | 9904 | €8,591 | -€11,491 | -€20,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,591 | -€11,491 | -€20,082 |
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 16 October 2026 via checked.be.