ECIGNIC: 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.
ECIGNIC
Largest movements
- Stocks and contracts -€29,813
no longer reported in 2025 (was €29,813)
- Cash +€5,585
up €5,585 (+179%), from €3,125 to €8,710
mainly Stocks and contracts (+€29,813) and Tax, wage and social debts (+€2,554)
- Receivables within one year +€3,064
up €3,064 (+9.8%), from €31,178 to €34,242
of which Other amounts receivable: +€8,486
- Profit (loss) carried forward -€12,382
down €12,382, from €4,254 to -€8,128
- Trade debts -€11,098
down €11,098 (-35.1%), from €31,625 to €20,527
- Tax, wage and social debts +€2,554
up €2,554 (+66.4%), from €3,847 to €6,401
- Gross operating margin -€18,264
down €18,264, from €5,986 to -€12,278
- Taxes -€1,064
no longer reported in 2025 (was €1,064)
- Financial charges -€564
down €564 (-84.3%), from €669 to €105
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.
Derived cash bridge
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 | €77,326 | €56,400 | -€20,925 | -27.1% |
| Fixed assets | 21/28 | €11,925 | €11,925 | = | 0.0% |
| Financial fixed assets | 28 | €11,925 | €11,925 | = | 0.0% |
| Current assets | 29/58 | €65,401 | €44,475 | -€20,925 | -32.0% |
| Stocks and contracts in progress | 3 | €29,813 | - | -€29,813 | |
| Stocks | 30/36 | €29,813 | - | -€29,813 | |
| Amounts receivable within one year | 40/41 | €31,178 | €34,242 | +€3,064 | +9.8% |
| Trade receivables | 40 | €30,228 | €24,806 | -€5,422 | -17.9% |
| Other amounts receivable | 41 | €950 | €9,436 | +€8,486 | +893% |
| Cash at bank and in hand | 54/58 | €3,125 | €8,710 | +€5,585 | +179% |
| Deferred charges and accrued income | 490/1 | €1,285 | €1,524 | +€239 | +18.6% |
| Total equity and liabilities | 10/49 | €77,326 | €56,400 | -€20,925 | -27.1% |
| Equity | 10/15 | €5,254 | -€7,128 | -€12,382 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,254 | -€8,128 | -€12,382 | |
| Amounts payable | 17/49 | €72,072 | €63,528 | -€8,543 | -11.9% |
| Amounts payable within one year | 42/48 | €72,072 | €63,528 | -€8,543 | -11.9% |
| Trade debts | 44 | €31,625 | €20,527 | -€11,098 | -35.1% |
| Suppliers | 440/4 | €31,625 | €20,527 | -€11,098 | -35.1% |
| Taxes, remuneration and social security | 45 | €3,847 | €6,401 | +€2,554 | +66.4% |
| Taxes | 450/3 | €3,847 | €6,401 | +€2,554 | +66.4% |
| Other amounts payable | 47/48 | €36,600 | €36,600 | = | 0.0% |
| Gross operating margin | 9900 | €5,986 | -€12,278 | -€18,264 | |
| Operating profit (loss) | 9901 | €5,986 | -€12,278 | -€18,264 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €669 | €105 | -€564 | -84.3% |
| Recurring financial charges | 65 | €669 | €105 | -€564 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | €5,318 | -€12,382 | -€17,699 | |
| Income taxes | 67/77 | €1,064 | - | -€1,064 | |
| Profit (loss) for the period | 9904 | €4,254 | -€12,382 | -€16,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,254 | -€12,382 | -€16,636 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.