ECHOLINE: 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.
ECHOLINE
Largest movements
- Tangible fixed assets +€552,883
up €552,883 (+323.3%), from €170,992 to €723,875
of which Land and buildings: +€705,381
- Cash +€20,301
up €20,301 (+2.5%), from €813,785 to €834,086
mainly Contributions, distributions and other (+€460,499) and Net result for the year (+€117,573)
- Investment grants +€460,499
up €460,499 (+921.0%), from €50,000 to €510,499
- Profit (loss) carried forward +€117,573
up €117,573 (+20.4%), from €576,152 to €693,725
- Depreciation +€22,599
up €22,599 (+1294.1%), from €1,746 to €24,345
- Turnover -€19,787
down €19,787 (-24.5%), from €80,813 to €61,026
- Financial income +€19,734
up €19,734 (+1142.1%), from €1,728 to €21,461
- Other operating income +€17,552
up €17,552 (+2.3%), from €772,306 to €789,858
- Goods and materials +€4,906
up €4,906 (+243.5%), from €2,014 to €6,920
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.
Cash bridge derived
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 | €994,284 | €1,571,664 | +€577,380 | +58.1% |
| Fixed assets | 21/28 | €170,992 | €723,875 | +€552,883 | +323.3% |
| Tangible fixed assets | 22/27 | €170,992 | €723,875 | +€552,883 | +323.3% |
| Land and buildings | 22 | - | €705,381 | +€705,381 | |
| Plant, machinery and equipment | 23 | €1,313 | €978 | -€335 | -25.5% |
| Furniture and vehicles | 24 | €4,162 | €17,516 | +€13,354 | +320.9% |
| Assets under construction and advance payments | 27 | €165,518 | - | -€165,518 | |
| Current assets | 29/58 | €823,292 | €847,789 | +€24,497 | +3.0% |
| Amounts receivable within one year | 40/41 | €8,320 | €1,965 | -€6,355 | -76.4% |
| Other amounts receivable | 41 | €8,320 | €1,965 | -€6,355 | -76.4% |
| Cash at bank and in hand | 54/58 | €813,785 | €834,086 | +€20,301 | +2.5% |
| Deferred charges and accrued income | 490/1 | €1,188 | €11,738 | +€10,550 | +888.2% |
| Total equity and liabilities | 10/49 | €994,284 | €1,571,664 | +€577,380 | +58.1% |
| Equity | 10/15 | €626,152 | €1,204,224 | +€578,072 | +92.3% |
| Profit (loss) carried forward | 14 | €576,152 | €693,725 | +€117,573 | +20.4% |
| Investment grants | 15 | €50,000 | €510,499 | +€460,499 | +921.0% |
| Provisions and deferred taxes | 16 | €240,000 | €240,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €240,000 | €240,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €240,000 | - | -€240,000 | |
| Other liabilities and charges | 164/5 | - | €240,000 | +€240,000 | |
| Amounts payable | 17/49 | €128,132 | €127,440 | -€692 | -0.5% |
| Amounts payable within one year | 42/48 | €112,905 | €127,238 | +€14,333 | +12.7% |
| Trade debts | 44 | €12,155 | €2,835 | -€9,320 | -76.7% |
| Suppliers | 440/4 | €12,155 | €2,835 | -€9,320 | -76.7% |
| Taxes, remuneration and social security | 45 | €100,700 | €99,353 | -€1,346 | -1.3% |
| Taxes | 450/3 | €12,960 | €9,640 | -€3,321 | -25.6% |
| Remuneration and social security | 454/9 | €87,739 | €89,714 | +€1,975 | +2.3% |
| Accrued charges and deferred income | 492/3 | €15,228 | €202 | -€15,026 | -98.7% |
| Operating income | 70/76A | €853,118 | €850,884 | -€2,234 | -0.3% |
| Turnover | 70 | €80,813 | €61,026 | -€19,787 | -24.5% |
| Other operating income | 74 | €772,306 | €789,858 | +€17,552 | +2.3% |
| Operating charges | 60/66A | €714,044 | €752,885 | +€38,841 | +5.4% |
| Goods for resale, raw materials and consumables | 60 | €2,014 | €6,920 | +€4,906 | +243.5% |
| Purchases | 600/8 | €2,014 | €6,920 | +€4,906 | +243.5% |
| Services and other goods | 61 | €63,159 | €67,935 | +€4,776 | +7.6% |
| Remuneration, social security and pensions | 62 | €647,123 | €647,146 | +€24 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,746 | €24,345 | +€22,599 | +1294.1% |
| Other operating charges | 640/8 | €1 | €1,940 | +€1,939 | +135595.8% |
| Non-recurring operating charges | 66A | - | €4,598 | +€4,598 | |
| Operating profit (loss) | 9901 | €139,074 | €97,999 | -€41,076 | -29.5% |
| Financial income | 75/76B | €1,728 | €21,461 | +€19,734 | +1142.1% |
| Recurring financial income | 75 | €1,728 | €21,461 | +€19,734 | +1142.1% |
| Income from current assets | 751 | €1,728 | €21,461 | +€19,734 | +1142.1% |
| Financial charges | 65/66B | €775 | €1,888 | +€1,113 | +143.7% |
| Recurring financial charges | 65 | €775 | €1,888 | +€1,113 | +143.7% |
| Other financial charges | 652/9 | €775 | €1,888 | +€1,113 | +143.7% |
| Profit (loss) for the period before taxes | 9903 | €140,028 | €117,573 | -€22,455 | -16.0% |
| Profit (loss) for the period | 9904 | €140,028 | €117,573 | -€22,455 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €140,028 | €117,573 | -€22,455 | -16.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.