Echt Projecten: 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.
Echt Projecten
Largest movements
- Receivables within one year -€17,023
down €17,023 (-84.0%), from €20,276 to €3,252
of which Trade receivables: -€17,790
- Tangible fixed assets -€9,273
down €9,273 (-28.8%), from €32,211 to €22,938
of which Leasing and similar rights: -€9,273
- Cash -€5,501
down €5,501 (-68.4%), from €8,048 to €2,547
mainly Trade debts (-€15,557) and Debts after one year (-€8,334)
- Trade debts -€15,557
down €15,557 (-86.8%), from €17,926 to €2,369
- Debts after one year -€8,334
down €8,334 (-40.8%), from €20,449 to €12,115
- Tax, wage and social debts -€4,031
down €4,031 (-51.1%), from €7,889 to €3,858
- Other debts -€3,590
down €3,590 (-100.0%), from €3,590 to €0
- Profit (loss) carried forward -€749
down €749 (-7.4%), from -€10,139 to -€10,888
- Gross operating margin +€2,580
up €2,580 (+24.9%), from €10,376 to €12,956
- Depreciation +€1,774
up €1,774 (+23.6%), from €7,499 to €9,273
- Other operating charges +€609
up €609 (+49.7%), from €1,225 to €1,834
- Financial charges +€281
up €281 (+13.8%), from €2,039 to €2,320
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 | €61,585 | €30,038 | -€31,547 | -51.2% |
| Fixed assets | 21/28 | €33,261 | €23,988 | -€9,273 | -27.9% |
| Tangible fixed assets | 22/27 | €32,211 | €22,938 | -€9,273 | -28.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Leasing and similar rights | 25 | €32,211 | €22,938 | -€9,273 | -28.8% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €28,324 | €6,050 | -€22,274 | -78.6% |
| Amounts receivable within one year | 40/41 | €20,276 | €3,252 | -€17,023 | -84.0% |
| Trade receivables | 40 | €20,276 | €2,485 | -€17,790 | -87.7% |
| Other amounts receivable | 41 | €0 | €767 | +€767 | |
| Cash at bank and in hand | 54/58 | €8,048 | €2,547 | -€5,501 | -68.4% |
| Deferred charges and accrued income | 490/1 | - | €251 | +€251 | |
| Total equity and liabilities | 10/49 | €61,585 | €30,038 | -€31,547 | -51.2% |
| Equity | 10/15 | -€5,139 | -€5,888 | -€749 | -14.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,139 | -€10,888 | -€749 | -7.4% |
| Amounts payable | 17/49 | €66,724 | €35,926 | -€30,798 | -46.2% |
| Amounts payable after more than one year | 17 | €20,449 | €12,115 | -€8,334 | -40.8% |
| Financial debts | 170/4 | €20,449 | €12,115 | -€8,334 | -40.8% |
| Amounts payable within one year | 42/48 | €46,275 | €23,811 | -€22,464 | -48.5% |
| Current portion of amounts payable after more than one year | 42 | €7,620 | €8,334 | +€714 | +9.4% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €17,926 | €2,369 | -€15,557 | -86.8% |
| Suppliers | 440/4 | €17,926 | €2,369 | -€15,557 | -86.8% |
| Advances received on contracts in progress | 46 | €9,250 | €9,250 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,889 | €3,858 | -€4,031 | -51.1% |
| Taxes | 450/3 | €7,889 | €3,858 | -€4,031 | -51.1% |
| Other amounts payable | 47/48 | €3,590 | €0 | -€3,590 | -100.0% |
| Non-recurring operating income | 76A | €1,316 | €0 | -€1,316 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,499 | €9,273 | +€1,774 | +23.6% |
| Other operating charges | 640/8 | €1,225 | €1,834 | +€609 | +49.7% |
| Gross operating margin | 9900 | €10,376 | €12,956 | +€2,580 | +24.9% |
| Operating profit (loss) | 9901 | €1,652 | €1,849 | +€197 | +12.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,039 | €2,320 | +€281 | +13.8% |
| Recurring financial charges | 65 | €2,039 | €2,320 | +€281 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€388 | -€471 | -€83 | -21.5% |
| Income taxes | 67/77 | €184 | €278 | +€94 | +51.4% |
| Profit (loss) for the period | 9904 | -€571 | -€749 | -€178 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€571 | -€749 | -€178 | -31.1% |
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 8 October 2026 via checked.be.