Echos communication: 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.
Echos communication
Largest movements
- Receivables after one year -€474,951
no longer reported in 2025 (was €474,951)
- Receivables within one year -€102,410
down €102,410 (-14.8%), from €694,005 to €591,595
of which Other amounts receivable: -€95,862
- Cash +€51,602
up €51,602 (+50.0%), from €103,148 to €154,750
mainly Receivables after one year (+€474,951) and Receivables within one year (+€102,410)
- Accrued charges and deferred income -€534,169
down €534,169 (-43.1%), from €1.2m to €704,204
- Profit (loss) carried forward +€62,119
up €62,119 (+81.9%), from -€75,866 to -€13,747
- Debts within one year -€51,832
down €51,832 (-47.1%), from €110,096 to €58,264
- Staff costs -€76,818
down €76,818 (-14.7%), from €522,578 to €445,760
- Gross operating margin +€37,478
up €37,478 (+7.8%), from €479,557 to €517,035
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 | €1,276,333 | €752,105 | -€524,228 | -41.1% |
| Fixed assets | 21/28 | €1,748 | €3,850 | +€2,102 | +120.2% |
| Tangible fixed assets | 22/27 | €1,374 | €3,775 | +€2,401 | +174.8% |
| Land and buildings | 22 | €1,038 | €345 | -€693 | -66.8% |
| Furniture and vehicles | 24 | €336 | €3,431 | +€3,095 | +921.0% |
| Financial fixed assets | 28 | €374 | €74 | -€300 | -80.1% |
| Current assets | 29/58 | €1,274,585 | €748,256 | -€526,329 | -41.3% |
| Amounts receivable after more than one year | 29 | €474,951 | - | -€474,951 | |
| Other amounts receivable | 291 | €474,951 | - | -€474,951 | |
| Amounts receivable within one year | 40/41 | €694,005 | €591,595 | -€102,410 | -14.8% |
| Trade receivables | 40 | €6,698 | €150 | -€6,548 | -97.8% |
| Other amounts receivable | 41 | €687,307 | €591,445 | -€95,862 | -13.9% |
| Current investments | 50/53 | €1,604 | €1,612 | +€8 | +0.5% |
| Cash at bank and in hand | 54/58 | €103,148 | €154,750 | +€51,602 | +50.0% |
| Deferred charges and accrued income | 490/1 | €877 | €299 | -€578 | -65.9% |
| Total equity and liabilities | 10/49 | €1,276,333 | €752,105 | -€524,228 | -41.1% |
| Equity | 10/15 | -€72,136 | -€10,362 | +€61,774 | +85.6% |
| Profit (loss) carried forward | 14 | -€75,866 | -€13,747 | +€62,119 | +81.9% |
| Investment grants | 15 | €3,730 | €3,384 | -€346 | -9.3% |
| Amounts payable | 17/49 | €1,348,469 | €762,468 | -€586,001 | -43.5% |
| Amounts payable within one year | 42/48 | €110,096 | €58,264 | -€51,832 | -47.1% |
| Trade debts | 44 | €41,375 | €16,828 | -€24,547 | -59.3% |
| Suppliers | 440/4 | €41,375 | €16,828 | -€24,547 | -59.3% |
| Taxes, remuneration and social security | 45 | €63,742 | €41,436 | -€22,306 | -35.0% |
| Taxes | 450/3 | €3,686 | €3,511 | -€175 | -4.7% |
| Remuneration and social security | 454/9 | €60,056 | €37,925 | -€22,131 | -36.9% |
| Accrued charges and deferred income | 492/3 | €1,238,373 | €704,204 | -€534,169 | -43.1% |
| Non-recurring operating income | 76A | €117 | €20,451 | +€20,334 | +17379.1% |
| Remuneration, social security and pensions | 62 | €522,578 | €445,760 | -€76,818 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,679 | €1,595 | -€1,084 | -40.5% |
| Other operating charges | 640/8 | €176 | €25 | -€151 | -85.8% |
| Non-recurring operating charges | 66A | €6,169 | €9,635 | +€3,466 | +56.2% |
| Gross operating margin | 9900 | €479,557 | €517,035 | +€37,478 | +7.8% |
| Operating profit (loss) | 9901 | -€2,045 | €60,020 | +€62,065 | |
| Financial income | 75/76B | €2,943 | €5,980 | +€3,037 | +103.2% |
| Recurring financial income | 75 | €2,943 | €5,980 | +€3,037 | +103.2% |
| Financial charges | 65/66B | €3,491 | €3,834 | +€343 | +9.8% |
| Recurring financial charges | 65 | €3,491 | €3,834 | +€343 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,593 | €62,166 | +€64,759 | |
| Income taxes | 67/77 | - | €46 | +€46 | |
| Profit (loss) for the period | 9904 | -€2,593 | €62,120 | +€64,713 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,593 | €62,120 | +€64,713 |
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 10 October 2026 via checked.be.