ECHOS: 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.
ECHOS
Largest movements
- Tangible fixed assets -€38,575
down €38,575 (-4.7%), from €815,038 to €776,463
of which Other tangible fixed assets: -€33,552
- Receivables within one year +€26,385
up €26,385 (+49.9%), from €52,828 to €79,213
of which Trade receivables: +€26,385
- Cash -€10,234
down €10,234 (-82.9%), from €12,341 to €2,107
mainly Receivables within one year (-€26,385) and Debts after one year (-€11,803)
- Debts after one year -€11,803
down €11,803 (-37.2%), from €31,731 to €19,927
- Financial income -€154,801
down €154,801 (-96.8%), from €160,001 to €5,200
- Gross operating margin +€33,154
up €33,154 (+265.0%), from €12,513 to €45,668
- Other operating charges +€1,521
up €1,521 (+18.3%), from €8,311 to €9,832
- Financial charges -€652
down €652 (-23.5%), from €2,776 to €2,124
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 | €936,978 | €913,781 | -€23,197 | -2.5% |
| Fixed assets | 21/28 | €865,863 | €827,288 | -€38,575 | -4.5% |
| Tangible fixed assets | 22/27 | €815,038 | €776,463 | -€38,575 | -4.7% |
| Furniture and vehicles | 24 | €11,340 | €6,317 | -€5,023 | -44.3% |
| Other tangible fixed assets | 26 | €803,698 | €770,146 | -€33,552 | -4.2% |
| Financial fixed assets | 28 | €50,825 | €50,825 | = | 0.0% |
| Current assets | 29/58 | €71,115 | €86,493 | +€15,378 | +21.6% |
| Stocks and contracts in progress | 3 | €3,290 | €3,290 | = | 0.0% |
| Stocks | 30/36 | €3,290 | €3,290 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,828 | €79,213 | +€26,385 | +49.9% |
| Trade receivables | 40 | €5,160 | €31,545 | +€26,385 | +511.3% |
| Other amounts receivable | 41 | €47,668 | €47,668 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,341 | €2,107 | -€10,234 | -82.9% |
| Deferred charges and accrued income | 490/1 | €2,656 | €1,883 | -€773 | -29.1% |
| Total equity and liabilities | 10/49 | €936,978 | €913,781 | -€23,197 | -2.5% |
| Equity | 10/15 | €867,938 | €859,948 | -€7,990 | -0.9% |
| Contributions | 10/11 | €1,038,592 | €1,038,592 | = | 0.0% |
| Reserves | 13 | €286,304 | €286,304 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €284,444 | €284,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€456,957 | -€464,947 | -€7,990 | -1.7% |
| Amounts payable | 17/49 | €69,040 | €53,833 | -€15,207 | -22.0% |
| Amounts payable after more than one year | 17 | €31,731 | €19,927 | -€11,803 | -37.2% |
| Financial debts | 170/4 | €31,731 | €19,927 | -€11,803 | -37.2% |
| Amounts payable within one year | 42/48 | €36,322 | €32,918 | -€3,404 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €11,228 | €11,803 | +€576 | +5.1% |
| Trade debts | 44 | €538 | - | -€538 | |
| Suppliers | 440/4 | €538 | - | -€538 | |
| Taxes, remuneration and social security | 45 | €1,115 | €2,883 | +€1,768 | +158.5% |
| Taxes | 450/3 | €1,115 | €2,883 | +€1,768 | +158.5% |
| Other amounts payable | 47/48 | €23,441 | €18,231 | -€5,210 | -22.2% |
| Accrued charges and deferred income | 492/3 | €987 | €987 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,744 | €46,331 | -€413 | -0.9% |
| Other operating charges | 640/8 | €8,311 | €9,832 | +€1,521 | +18.3% |
| Non-recurring operating charges | 66A | €67,832 | - | -€67,832 | |
| Gross operating margin | 9900 | €12,513 | €45,668 | +€33,154 | +265.0% |
| Operating profit (loss) | 9901 | -€110,375 | -€10,496 | +€99,879 | +90.5% |
| Financial income | 75/76B | €160,001 | €5,200 | -€154,801 | -96.8% |
| Recurring financial income | 75 | €160,001 | €5,200 | -€154,801 | -96.8% |
| Financial charges | 65/66B | €2,776 | €2,124 | -€652 | -23.5% |
| Recurring financial charges | 65 | €2,776 | €2,124 | -€652 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €46,850 | -€7,420 | -€54,270 | |
| Income taxes | 67/77 | €937 | €570 | -€366 | -39.1% |
| Profit (loss) for the period | 9904 | €45,913 | -€7,990 | -€53,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,913 | -€7,990 | -€53,904 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.