ECLARON: 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.
ECLARON
Largest movements
- Cash +€88,605
up €88,605 (+89.5%), from €98,970 to €187,575
mainly Net result for the year (+€85,032) and Tax, wage and social debts (+€22,974)
- Receivables within one year +€13,432
up €13,432 (+66.0%), from €20,347 to €33,779
of which Other amounts receivable: +€13,474
- Tangible fixed assets +€5,036
up €5,036 (+312%), from €1,612 to €6,648
- Profit (loss) carried forward +€85,032
up €85,032 (+77.3%), from €109,954 to €194,986
- Tax, wage and social debts +€22,974
up €22,974 (+54.5%), from €42,171 to €65,145
- Gross operating margin -€34,539
down €34,539 (-24.0%), from €143,826 to €109,287
- Taxes -€8,231
down €8,231 (-25.9%), from €31,841 to €23,610
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 | €156,929 | €264,521 | +€107,591 | +68.6% |
| Fixed assets | 21/28 | €1,612 | €6,648 | +€5,036 | +312% |
| Tangible fixed assets | 22/27 | €1,612 | €6,648 | +€5,036 | +312% |
| Furniture and vehicles | 24 | €1,612 | €6,648 | +€5,036 | +312% |
| Current assets | 29/58 | €155,317 | €257,872 | +€102,555 | +66.0% |
| Amounts receivable after more than one year | 29 | €36,000 | €36,000 | = | 0.0% |
| Other amounts receivable | 291 | €36,000 | €36,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,347 | €33,779 | +€13,432 | +66.0% |
| Trade receivables | 40 | €19,617 | €19,575 | -€42 | -0.2% |
| Other amounts receivable | 41 | €730 | €14,204 | +€13,474 | +1,845% |
| Cash at bank and in hand | 54/58 | €98,970 | €187,575 | +€88,605 | +89.5% |
| Deferred charges and accrued income | 490/1 | - | €518 | +€518 | |
| Total equity and liabilities | 10/49 | €156,929 | €264,521 | +€107,591 | +68.6% |
| Equity | 10/15 | €111,154 | €196,186 | +€85,032 | +76.5% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,954 | €194,986 | +€85,032 | +77.3% |
| Amounts payable | 17/49 | €45,776 | €68,335 | +€22,559 | +49.3% |
| Amounts payable within one year | 42/48 | €45,776 | €68,335 | +€22,559 | +49.3% |
| Trade debts | 44 | €3,605 | €3,190 | -€414 | -11.5% |
| Suppliers | 440/4 | €3,605 | €3,190 | -€414 | -11.5% |
| Taxes, remuneration and social security | 45 | €42,171 | €65,145 | +€22,974 | +54.5% |
| Taxes | 450/3 | €42,171 | €65,145 | +€22,974 | +54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,258 | €1,365 | +€107 | +8.5% |
| Other operating charges | 640/8 | €1,559 | €316 | -€1,243 | -79.7% |
| Gross operating margin | 9900 | €143,826 | €109,287 | -€34,539 | -24.0% |
| Operating profit (loss) | 9901 | €141,009 | €107,606 | -€33,403 | -23.7% |
| Financial income | 75/76B | €891 | €2,032 | +€1,141 | +128% |
| Recurring financial income | 75 | €891 | €2,032 | +€1,141 | +128% |
| Financial charges | 65/66B | €106 | €997 | +€891 | +841% |
| Recurring financial charges | 65 | €106 | €997 | +€891 | +841% |
| Profit (loss) for the period before taxes | 9903 | €141,795 | €108,642 | -€33,153 | -23.4% |
| Income taxes | 67/77 | €31,841 | €23,610 | -€8,231 | -25.9% |
| Profit (loss) for the period | 9904 | €109,954 | €85,032 | -€24,922 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €109,954 | €85,032 | -€24,922 | -22.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.