ECHOLIMA: 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.
ECHOLIMA
Largest movements
- Cash +€542,123
up €542,123 (+210.2%), from €257,847 to €799,970
mainly Net result for the year (+€485,412) and Current investments (+€239,955)
- Current investments -€239,955
down €239,955 (-85.4%), from €281,114 to €41,159
- Receivables within one year +€105,068
up €105,068 (+331.8%), from €31,669 to €136,736
of which Other amounts receivable: +€98,178
- Reserves +€415,000
up €415,000 (+75.3%), from €550,960 to €965,960
- Tax, wage and social debts -€12,025
down €12,025 (-65.4%), from €18,375 to €6,350
- Financial income +€401,853
up €401,853 (+35164.5%), from €1,143 to €402,995
- Gross operating margin -€160,710
down €160,710 (-58.6%), from €274,263 to €113,553
- Taxes -€49,833
down €49,833 (-66.1%), from €75,417 to €25,585
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €595,788 | €998,370 | +€402,583 | +67.6% |
| Fixed assets | 21/28 | €24,286 | €19,633 | -€4,653 | -19.2% |
| Tangible fixed assets | 22/27 | €24,286 | €19,633 | -€4,653 | -19.2% |
| Land and buildings | 22 | €20,430 | €18,330 | -€2,100 | -10.3% |
| Furniture and vehicles | 24 | €987 | €199 | -€788 | -79.8% |
| Other tangible fixed assets | 26 | €2,870 | €1,105 | -€1,765 | -61.5% |
| Current assets | 29/58 | €571,501 | €978,737 | +€407,235 | +71.3% |
| Amounts receivable within one year | 40/41 | €31,669 | €136,736 | +€105,068 | +331.8% |
| Trade receivables | 40 | €16,847 | €23,736 | +€6,890 | +40.9% |
| Other amounts receivable | 41 | €14,822 | €113,000 | +€98,178 | +662.4% |
| Current investments | 50/53 | €281,114 | €41,159 | -€239,955 | -85.4% |
| Cash at bank and in hand | 54/58 | €257,847 | €799,970 | +€542,123 | +210.2% |
| Deferred charges and accrued income | 490/1 | €872 | €872 | = | 0.0% |
| Total equity and liabilities | 10/49 | €595,788 | €998,370 | +€402,583 | +67.6% |
| Equity | 10/15 | €569,885 | €985,297 | +€415,412 | +72.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €550,960 | €965,960 | +€415,000 | +75.3% |
| Distributable reserves | 133 | €550,960 | €965,960 | +€415,000 | +75.3% |
| Profit (loss) carried forward | 14 | €325 | €737 | +€412 | +126.6% |
| Amounts payable | 17/49 | €25,902 | €13,073 | -€12,829 | -49.5% |
| Amounts payable within one year | 42/48 | €25,152 | €12,323 | -€12,829 | -51.0% |
| Trade debts | 44 | €730 | - | -€730 | |
| Suppliers | 440/4 | €730 | - | -€730 | |
| Taxes, remuneration and social security | 45 | €18,375 | €6,350 | -€12,025 | -65.4% |
| Taxes | 450/3 | €18,375 | €6,350 | -€12,025 | -65.4% |
| Other amounts payable | 47/48 | €6,047 | €5,973 | -€74 | -1.2% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,970 | €4,653 | -€317 | -6.4% |
| Other operating charges | 640/8 | €891 | €713 | -€178 | -20.0% |
| Gross operating margin | 9900 | €274,263 | €113,553 | -€160,710 | -58.6% |
| Operating profit (loss) | 9901 | €268,402 | €108,188 | -€160,214 | -59.7% |
| Financial income | 75/76B | €1,143 | €402,995 | +€401,853 | +35164.5% |
| Recurring financial income | 75 | €1,143 | €402,995 | +€401,853 | +35164.5% |
| Financial charges | 65/66B | €334 | €187 | -€147 | -44.1% |
| Recurring financial charges | 65 | €334 | €187 | -€147 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €269,211 | €510,996 | +€241,786 | +89.8% |
| Income taxes | 67/77 | €75,417 | €25,585 | -€49,833 | -66.1% |
| Profit (loss) for the period | 9904 | €193,793 | €485,412 | +€291,619 | +150.5% |
| Profit (loss) for the period to be appropriated | 9905 | €193,793 | €485,412 | +€291,619 | +150.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.