ECK: 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.
ECK
Largest movements
- Receivables within one year +€30,401
up €30,401 (+110%), from €27,734 to €58,135
- Cash -€10,829
down €10,829 (-4.2%), from €256,474 to €245,645
mainly Receivables within one year (-€30,401) and Tax, wage and social debts (-€9,014)
- Profit (loss) carried forward +€24,615
up €24,615 (+14.1%), from €174,661 to €199,276
- Tax, wage and social debts -€9,014
down €9,014 (-32.0%), from €28,134 to €19,120
- Other debts +€3,821
up €3,821 (+7.9%), from €48,480 to €52,301
- Turnover +€25,125
up €25,125 (+110%), from €22,750 to €47,875
- Gross operating margin +€23,329
up €23,329 (+200%), from €11,662 to €34,991
- Taxes +€6,546
up €6,546 (+227%), from €2,887 to €9,433
- Purchases and services +€1,676
up €1,676 (+13.1%), from €12,801 to €14,477
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,991 | €304,567 | +€19,576 | +6.9% |
| Current assets | 29/58 | €284,991 | €304,567 | +€19,576 | +6.9% |
| Amounts receivable within one year | 40/41 | €27,734 | €58,135 | +€30,401 | +110% |
| Trade receivables | 40 | €27,734 | €58,135 | +€30,401 | +110% |
| Cash at bank and in hand | 54/58 | €256,474 | €245,645 | -€10,829 | -4.2% |
| Deferred charges and accrued income | 490/1 | €783 | €787 | +€4 | +0.5% |
| Total equity and liabilities | 10/49 | €284,991 | €304,567 | +€19,576 | +6.9% |
| Equity | 10/15 | €207,661 | €232,276 | +€24,615 | +11.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,661 | €199,276 | +€24,615 | +14.1% |
| Amounts payable | 17/49 | €77,330 | €72,291 | -€5,039 | -6.5% |
| Amounts payable within one year | 42/48 | €77,330 | €72,291 | -€5,039 | -6.5% |
| Trade debts | 44 | €716 | €870 | +€154 | +21.5% |
| Suppliers | 440/4 | €716 | €870 | +€154 | +21.5% |
| Taxes, remuneration and social security | 45 | €28,134 | €19,120 | -€9,014 | -32.0% |
| Taxes | 450/3 | €28,134 | €19,120 | -€9,014 | -32.0% |
| Other amounts payable | 47/48 | €48,480 | €52,301 | +€3,821 | +7.9% |
| Turnover | 70 | €22,750 | €47,875 | +€25,125 | +110% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,801 | €14,477 | +€1,676 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | - | -€151 | |
| Other operating charges | 640/8 | €786 | €840 | +€54 | +6.9% |
| Gross operating margin | 9900 | €11,662 | €34,991 | +€23,329 | +200% |
| Operating profit (loss) | 9901 | €10,725 | €34,151 | +€23,426 | +218% |
| Financial charges | 65/66B | €522 | €103 | -€419 | -80.3% |
| Recurring financial charges | 65 | €522 | €103 | -€419 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €10,203 | €34,048 | +€23,845 | +234% |
| Income taxes | 67/77 | €2,887 | €9,433 | +€6,546 | +227% |
| Profit (loss) for the period | 9904 | €7,316 | €24,615 | +€17,299 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €7,316 | €24,615 | +€17,299 | +236% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.