ECICOM: 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.
ECICOM
Largest movements
- Receivables within one year -€55,215
down €55,215 (-96.9%), from €56,995 to €1,780
of which Trade receivables: -€56,296
- Cash +€14,693
up €14,693 (+10.6%), from €138,545 to €153,238
mainly Receivables within one year (+€55,215) and Accrued charges and deferred income (+€3,423)
- Reserves -€23,756
down €23,756 (-47.1%), from €50,459 to €26,703
of which Distributable reserves: -€23,756
- Trade debts -€19,056
down €19,056 (-22.4%), from €85,157 to €66,101
- Accrued charges and deferred income +€3,423
new in 2025: €3,423
- Other debts -€2,011
down €2,011 (-9.4%), from €21,369 to €19,357
- Gross operating margin -€170,230
down €170,230, from €148,858 to -€21,372
- Taxes -€32,958
down €32,958 (-98.8%), from €33,345 to €387
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 | €196,530 | €155,516 | -€41,014 | -20.9% |
| Fixed assets | 21/28 | €990 | €498 | -€491 | -49.7% |
| Tangible fixed assets | 22/27 | €990 | €498 | -€491 | -49.7% |
| Furniture and vehicles | 24 | €990 | €498 | -€491 | -49.7% |
| Current assets | 29/58 | €195,540 | €155,018 | -€40,522 | -20.7% |
| Amounts receivable within one year | 40/41 | €56,995 | €1,780 | -€55,215 | -96.9% |
| Trade receivables | 40 | €56,296 | €0 | -€56,296 | -100.0% |
| Other amounts receivable | 41 | €699 | €1,780 | +€1,081 | +154.6% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €138,545 | €153,238 | +€14,693 | +10.6% |
| Total equity and liabilities | 10/49 | €196,530 | €155,516 | -€41,014 | -20.9% |
| Equity | 10/15 | €56,659 | €32,903 | -€23,756 | -41.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,459 | €26,703 | -€23,756 | -47.1% |
| 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 | €48,599 | €24,843 | -€23,756 | -48.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €139,871 | €122,613 | -€17,258 | -12.3% |
| Amounts payable within one year | 42/48 | €139,871 | €119,191 | -€20,680 | -14.8% |
| Trade debts | 44 | €85,157 | €66,101 | -€19,056 | -22.4% |
| Suppliers | 440/4 | €85,157 | €66,101 | -€19,056 | -22.4% |
| Taxes, remuneration and social security | 45 | €33,345 | €33,733 | +€387 | +1.2% |
| Taxes | 450/3 | €33,345 | €33,733 | +€387 | +1.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,369 | €19,357 | -€2,011 | -9.4% |
| Accrued charges and deferred income | 492/3 | - | €3,423 | +€3,423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €491 | +€7 | +1.4% |
| Other operating charges | 640/8 | €1,897 | €462 | -€1,435 | -75.7% |
| Gross operating margin | 9900 | €148,858 | -€21,372 | -€170,230 | |
| Operating profit (loss) | 9901 | €146,476 | -€22,326 | -€168,802 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -100.0% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100.0% |
| Financial charges | 65/66B | €299 | €1,043 | +€744 | +249.0% |
| Recurring financial charges | 65 | €299 | €1,043 | +€744 | +249.0% |
| Profit (loss) for the period before taxes | 9903 | €146,190 | -€23,369 | -€169,559 | |
| Income taxes | 67/77 | €33,345 | €387 | -€32,958 | -98.8% |
| Profit (loss) for the period | 9904 | €112,845 | -€23,756 | -€136,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €112,845 | -€23,756 | -€136,601 |
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 30 September 2026 via checked.be.