Echos-Immo: 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-Immo
Largest movements
- Tangible fixed assets +€70,338
up €70,338 (+15.6%), from €449,986 to €520,324
of which Land and buildings: +€74,868
- Receivables within one year -€20,245
down €20,245 (-55.9%), from €36,243 to €15,997
of which Trade receivables: -€22,984
- Cash +€10,873
up €10,873 (+121.5%), from €8,946 to €19,820
mainly Net result for the year (+€62,721) and Depreciation (+€22,117)
- Profit (loss) carried forward +€56,839
up €56,839 (+55.0%), from €103,284 to €160,123
- Trade debts -€15,002
down €15,002 (-90.2%), from €16,631 to €1,629
- Other debts +€6,421
up €6,421 (+245.0%), from €2,621 to €9,042
- Gross operating margin +€73,645
up €73,645 (+141.3%), from €52,131 to €125,776
- Other operating charges -€22,026
down €22,026 (-76.1%), from €28,928 to €6,902
- Taxes +€21,319
up €21,319 (+1756.2%), from €1,214 to €22,533
- Financial charges +€5,264
up €5,264 (+84.3%), from €6,240 to €11,504
- Depreciation +€4,820
up €4,820 (+27.9%), from €17,297 to €22,117
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 | €501,734 | €557,628 | +€55,894 | +11.1% |
| Fixed assets | 21/28 | €452,165 | €520,324 | +€68,159 | +15.1% |
| Intangible fixed assets | 21 | €2,179 | - | -€2,179 | |
| Tangible fixed assets | 22/27 | €449,986 | €520,324 | +€70,338 | +15.6% |
| Land and buildings | 22 | €445,455 | €520,324 | +€74,868 | +16.8% |
| Furniture and vehicles | 24 | €4,530 | - | -€4,530 | |
| Current assets | 29/58 | €49,569 | €37,304 | -€12,265 | -24.7% |
| Amounts receivable within one year | 40/41 | €36,243 | €15,997 | -€20,245 | -55.9% |
| Trade receivables | 40 | €26,956 | €3,973 | -€22,984 | -85.3% |
| Other amounts receivable | 41 | €9,286 | €12,025 | +€2,739 | +29.5% |
| Cash at bank and in hand | 54/58 | €8,946 | €19,820 | +€10,873 | +121.5% |
| Deferred charges and accrued income | 490/1 | €4,380 | €1,487 | -€2,893 | -66.0% |
| Total equity and liabilities | 10/49 | €501,734 | €557,628 | +€55,894 | +11.1% |
| Equity | 10/15 | €128,744 | €185,583 | +€56,839 | +44.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,284 | €160,123 | +€56,839 | +55.0% |
| Amounts payable | 17/49 | €372,990 | €372,045 | -€945 | -0.3% |
| Amounts payable after more than one year | 17 | €321,284 | €323,613 | +€2,329 | +0.7% |
| Financial debts | 170/4 | €321,284 | €323,613 | +€2,329 | +0.7% |
| Amounts payable within one year | 42/48 | €51,706 | €48,432 | -€3,274 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €24,678 | €25,228 | +€549 | +2.2% |
| Trade debts | 44 | €16,631 | €1,629 | -€15,002 | -90.2% |
| Suppliers | 440/4 | €16,631 | €1,629 | -€15,002 | -90.2% |
| Taxes, remuneration and social security | 45 | €7,775 | €12,533 | +€4,758 | +61.2% |
| Taxes | 450/3 | €7,775 | €12,533 | +€4,758 | +61.2% |
| Other amounts payable | 47/48 | €2,621 | €9,042 | +€6,421 | +245.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,297 | €22,117 | +€4,820 | +27.9% |
| Other operating charges | 640/8 | €28,928 | €6,902 | -€22,026 | -76.1% |
| Gross operating margin | 9900 | €52,131 | €125,776 | +€73,645 | +141.3% |
| Operating profit (loss) | 9901 | €5,906 | €96,758 | +€90,851 | +1538.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.7% |
| Financial charges | 65/66B | €6,240 | €11,504 | +€5,264 | +84.3% |
| Recurring financial charges | 65 | €6,240 | €11,504 | +€5,264 | +84.3% |
| Profit (loss) for the period before taxes | 9903 | -€333 | €85,254 | +€85,588 | |
| Income taxes | 67/77 | €1,214 | €22,533 | +€21,319 | +1756.2% |
| Profit (loss) for the period | 9904 | -€1,547 | €62,721 | +€64,269 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,547 | €62,721 | +€64,269 |
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 2 October 2026 via checked.be.