ECITY: 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.
ECITY
Largest movements
- Cash -€6,871
down €6,871 (-61.2%), from €11,233 to €4,361
mainly Investment in fixed assets (net) (-€16,799) and Receivables within one year (-€5,642)
- Tangible fixed assets +€6,426
up €6,426 (+26.0%), from €24,694 to €31,120
of which Furniture and vehicles: +€7,122
- Receivables within one year +€5,642
up €5,642 (+31.5%), from €17,921 to €23,562
of which Trade receivables: +€4,584
- Deferred charges and accrued income +€1,740
up €1,740 (+101%), from €1,720 to €3,460
- Profit (loss) carried forward +€16,462
up €16,462 (+30.4%), from -€54,125 to -€37,663
- Other debts -€4,876
down €4,876 (-7.7%), from €63,217 to €58,341
- Current portion of long-term debt -€4,146
no longer reported in 2025 (was €4,146)
- Tax, wage and social debts -€1,123
down €1,123 (-13.1%), from €8,599 to €7,475
of which Remuneration and social security: -€999
- Gross operating margin +€4,091
up €4,091 (+15.3%), from €26,717 to €30,808
- Depreciation +€2,346
up €2,346 (+29.2%), from €8,028 to €10,374
- Other operating charges -€408
down €408 (-15.2%), from €2,686 to €2,278
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 | €58,067 | €65,003 | +€6,936 | +11.9% |
| Fixed assets | 21/28 | €24,694 | €31,120 | +€6,426 | +26.0% |
| Tangible fixed assets | 22/27 | €24,694 | €31,120 | +€6,426 | +26.0% |
| Plant, machinery and equipment | 23 | €1,392 | €696 | -€696 | -50.0% |
| Furniture and vehicles | 24 | €23,302 | €30,424 | +€7,122 | +30.6% |
| Current assets | 29/58 | €33,373 | €33,884 | +€510 | +1.5% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,921 | €23,562 | +€5,642 | +31.5% |
| Trade receivables | 40 | €17,921 | €22,504 | +€4,584 | +25.6% |
| Other amounts receivable | 41 | - | €1,058 | +€1,058 | |
| Cash at bank and in hand | 54/58 | €11,233 | €4,361 | -€6,871 | -61.2% |
| Deferred charges and accrued income | 490/1 | €1,720 | €3,460 | +€1,740 | +101% |
| Total equity and liabilities | 10/49 | €58,067 | €65,003 | +€6,936 | +11.9% |
| Equity | 10/15 | -€29,125 | -€12,663 | +€16,462 | +56.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,125 | -€37,663 | +€16,462 | +30.4% |
| Amounts payable | 17/49 | €87,193 | €77,667 | -€9,526 | -10.9% |
| Amounts payable after more than one year | 17 | €11,147 | €11,147 | = | 0.0% |
| Financial debts | 170/4 | €11,147 | €11,147 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,046 | €66,520 | -€9,526 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €4,146 | - | -€4,146 | |
| Trade debts | 44 | €84 | €703 | +€619 | +737% |
| Suppliers | 440/4 | €84 | €703 | +€619 | +737% |
| Taxes, remuneration and social security | 45 | €8,599 | €7,475 | -€1,123 | -13.1% |
| Taxes | 450/3 | €5,109 | €4,985 | -€124 | -2.4% |
| Remuneration and social security | 454/9 | €3,489 | €2,490 | -€999 | -28.6% |
| Other amounts payable | 47/48 | €63,217 | €58,341 | -€4,876 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,028 | €10,374 | +€2,346 | +29.2% |
| Other operating charges | 640/8 | €2,686 | €2,278 | -€408 | -15.2% |
| Gross operating margin | 9900 | €26,717 | €30,808 | +€4,091 | +15.3% |
| Operating profit (loss) | 9901 | €16,003 | €18,156 | +€2,153 | +13.5% |
| Financial income | 75/76B | €18 | €22 | +€4 | +20.8% |
| Recurring financial income | 75 | €18 | €22 | +€4 | +20.8% |
| Financial charges | 65/66B | €1,396 | €1,281 | -€115 | -8.3% |
| Recurring financial charges | 65 | €1,396 | €1,281 | -€115 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €14,625 | €16,897 | +€2,272 | +15.5% |
| Income taxes | 67/77 | €434 | €435 | +€1 | +0.3% |
| Profit (loss) for the period | 9904 | €14,191 | €16,462 | +€2,271 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,191 | €16,462 | +€2,271 | +16.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.