ECI BELGIE: 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.
ECI BELGIE
Largest movements
- Current assets -€286,273
down €286,273 (-14.7%), from €1.9m to €1.7m
of which Receivables within one year: -€291,249
- Tangible fixed assets -€63,896
down €63,896 (-34.7%), from €184,153 to €120,258
- Debts -€349,069
down €349,069 (-20.0%), from €1.7m to €1.4m
- Provisions -€45,676
down €45,676 (-28.3%), from €161,589 to €115,913
- Profit (loss) carried forward +€23,279
up €23,279 (+11.5%), from -€202,988 to -€179,709
No income-statement line moved by more than 1% of the activity.
From the 2011 result to the 2012 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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,254,605 | €1,883,139 | -€371,465 | -16.5% |
| Fixed assets | 21/28 | €305,620 | €220,428 | -€85,192 | -27.9% |
| Intangible fixed assets | 21 | €118,679 | €100,000 | -€18,679 | -15.7% |
| Tangible fixed assets | 22/27 | €184,153 | €120,258 | -€63,896 | -34.7% |
| Financial fixed assets | 28 | €2,787 | €170 | -€2,617 | -93.9% |
| Current assets | 29/58 | €1,948,985 | €1,662,712 | -€286,273 | -14.7% |
| Stocks and contracts in progress | 3 | €220,620 | €183,538 | -€37,083 | -16.8% |
| Amounts receivable within one year | 40/41 | €1,480,899 | €1,189,650 | -€291,249 | -19.7% |
| Cash at bank and in hand | 54/58 | €220,465 | €235,386 | +€14,920 | +6.8% |
| Total equity and liabilities | 10/49 | €2,254,605 | €1,883,139 | -€371,465 | -16.5% |
| Equity | 10/15 | €350,279 | €373,558 | +€23,279 | +6.6% |
| Contributions | 10/11 | €500,961 | €500,961 | = | 0.0% |
| Reserves | 13 | €52,306 | €52,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,988 | -€179,709 | +€23,279 | +11.5% |
| Provisions and deferred taxes | 16 | €161,589 | €115,913 | -€45,676 | -28.3% |
| Amounts payable | 17/49 | €1,742,737 | €1,393,668 | -€349,069 | -20.0% |
| Amounts payable within one year | 42/48 | €876,509 | €817,236 | -€59,273 | -6.8% |
| Trade debts | 44 | €569,087 | €566,804 | -€2,283 | -0.4% |
| Turnover | 70 | €16,592,902 | €16,567,219 | -€25,682 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,892 | €82,575 | -€49,317 | -37.4% |
| Operating profit (loss) | 9901 | -€247,137 | €36,103 | +€283,240 | |
| Recurring financial income | 75 | €1,699 | €6,894 | +€5,195 | +306% |
| Recurring financial charges | 65 | €36,202 | €19,718 | -€16,484 | -45.5% |
| Debt charges | 650 | €14,569 | €2,513 | -€12,056 | -82.8% |
| Profit (loss) for the period before taxes | 9903 | -€202,988 | €23,279 | +€226,267 | |
| Profit (loss) for the period | 9904 | -€202,988 | €23,279 | +€226,267 | |
| Profit (loss) for the period to be appropriated | 9905 | -€202,988 | €23,279 | +€226,267 |
Source: filed annual accounts (NBB), financial years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.