ECHOFUEL: what changed
ECHOFUEL
Largest movements
- Tangible fixed assets -€5,804
down €5,804 (-25.8%), from €22,497 to €16,693
of which Furniture and vehicles: -€3,268
- Receivables within one year -€1,541
down €1,541 (-80.5%), from €1,914 to €374
of which Other amounts receivable: -€1,121
- Debts after one year -€4,740
no longer reported in 2025 (was €4,740)
- Short-term financial debts -€2,045
down €2,045 (-30.1%), from €6,786 to €4,740
- Trade debts -€437
down €437 (-13.9%), from €3,146 to €2,709
- Profit (loss) carried forward -€296
down €296 (-10.6%), from -€2,785 to -€3,081
- Depreciation +€2,759
up €2,759 (+90.6%), from €3,045 to €5,804
- Gross operating margin -€1,806
down €1,806 (-23.1%), from €7,814 to €6,008
- Financial charges -€429
down €429 (-45.1%), from €950 to €522
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 | €27,616 | €20,273 | -€7,343 | -26.6% |
| Fixed assets | 21/28 | €22,497 | €16,693 | -€5,804 | -25.8% |
| Tangible fixed assets | 22/27 | €22,497 | €16,693 | -€5,804 | -25.8% |
| Plant, machinery and equipment | 23 | €13,202 | €10,666 | -€2,536 | -19.2% |
| Furniture and vehicles | 24 | €9,295 | €6,027 | -€3,268 | -35.2% |
| Current assets | 29/58 | €5,119 | €3,579 | -€1,539 | -30.1% |
| Amounts receivable within one year | 40/41 | €1,914 | €374 | -€1,541 | -80.5% |
| Trade receivables | 40 | €645 | €225 | -€420 | -65.1% |
| Other amounts receivable | 41 | €1,269 | €149 | -€1,121 | -88.3% |
| Cash at bank and in hand | 54/58 | €2,774 | €2,778 | +€4 | +0.2% |
| Deferred charges and accrued income | 490/1 | €431 | €427 | -€3 | -0.8% |
| Total equity and liabilities | 10/49 | €27,616 | €20,273 | -€7,343 | -26.6% |
| Equity | 10/15 | -€785 | -€1,081 | -€296 | -37.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,785 | -€3,081 | -€296 | -10.6% |
| Amounts payable | 17/49 | €28,400 | €21,354 | -€7,047 | -24.8% |
| Amounts payable after more than one year | 17 | €4,740 | - | -€4,740 | |
| Financial debts | 170/4 | €4,740 | - | -€4,740 | |
| Amounts payable within one year | 42/48 | €23,660 | €21,354 | -€2,307 | -9.7% |
| Financial debts | 43 | €6,786 | €4,740 | -€2,045 | -30.1% |
| Credit institutions | 430/8 | €6,786 | €4,740 | -€2,045 | -30.1% |
| Trade debts | 44 | €3,146 | €2,709 | -€437 | -13.9% |
| Suppliers | 440/4 | €3,146 | €2,709 | -€437 | -13.9% |
| Other amounts payable | 47/48 | €13,729 | €13,905 | +€176 | +1.3% |
| Non-recurring operating income | 76A | €111 | €212 | +€100 | +89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,045 | €5,804 | +€2,759 | +90.6% |
| Non-recurring operating charges | 66A | €8 | - | -€8 | |
| Gross operating margin | 9900 | €7,814 | €6,008 | -€1,806 | -23.1% |
| Operating profit (loss) | 9901 | €4,762 | €204 | -€4,557 | -95.7% |
| Financial income | 75/76B | €7 | €21 | +€15 | +222% |
| Recurring financial income | 75 | €7 | €21 | +€15 | +222% |
| Financial charges | 65/66B | €950 | €522 | -€429 | -45.1% |
| Recurring financial charges | 65 | €950 | €522 | -€429 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €3,818 | -€296 | -€4,114 | |
| Profit (loss) for the period | 9904 | €3,818 | -€296 | -€4,114 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,818 | -€296 | -€4,114 |
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 7 November 2026 via checked.be.