ECLEX: 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.
ECLEX
Largest movements
- Cash -€38,452
down €38,452 (-58.9%), from €65,263 to €26,811
mainly Receivables within one year (-€20,979) and Contributions, distributions and other (-€19,445)
- Receivables within one year +€20,979
up €20,979, from €0 to €20,979
of which Trade receivables: +€20,758
- Tangible fixed assets +€6,919
up €6,919 (+581.0%), from €1,191 to €8,110
of which Furniture and vehicles: +€4,718
- Other debts -€8,892
down €8,892 (-15.8%), from €56,337 to €47,445
- Tax, wage and social debts -€1,437
down €1,437 (-20.4%), from €7,032 to €5,595
- Gross operating margin -€23,374
down €23,374 (-44.4%), from €52,658 to €29,283
- Taxes -€5,050
down €5,050 (-44.6%), from €11,328 to €6,278
- Depreciation +€1,946
up €1,946 (+280.1%), from €695 to €2,641
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 | €67,524 | €57,625 | -€9,899 | -14.7% |
| Fixed assets | 21/28 | €1,191 | €8,110 | +€6,919 | +581.0% |
| Tangible fixed assets | 22/27 | €1,191 | €8,110 | +€6,919 | +581.0% |
| Plant, machinery and equipment | 23 | €1,191 | €3,392 | +€2,201 | +184.8% |
| Furniture and vehicles | 24 | - | €4,718 | +€4,718 | |
| Current assets | 29/58 | €66,333 | €49,515 | -€16,819 | -25.4% |
| Amounts receivable within one year | 40/41 | €0 | €20,979 | +€20,979 | |
| Trade receivables | 40 | €0 | €20,758 | +€20,758 | |
| Other amounts receivable | 41 | €0 | €222 | +€222 | |
| Cash at bank and in hand | 54/58 | €65,263 | €26,811 | -€38,452 | -58.9% |
| Deferred charges and accrued income | 490/1 | €1,070 | €1,724 | +€654 | +61.2% |
| Total equity and liabilities | 10/49 | €67,524 | €57,625 | -€9,899 | -14.7% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,524 | €55,625 | -€9,899 | -15.1% |
| Amounts payable within one year | 42/48 | €65,522 | €55,625 | -€9,897 | -15.1% |
| Trade debts | 44 | €2,153 | €2,585 | +€432 | +20.1% |
| Suppliers | 440/4 | €2,153 | €2,585 | +€432 | +20.1% |
| Taxes, remuneration and social security | 45 | €7,032 | €5,595 | -€1,437 | -20.4% |
| Taxes | 450/3 | €7,032 | €5,595 | -€1,437 | -20.4% |
| Other amounts payable | 47/48 | €56,337 | €47,445 | -€8,892 | -15.8% |
| Accrued charges and deferred income | 492/3 | €2 | €0 | -€2 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €2,641 | +€1,946 | +280.1% |
| Other operating charges | 640/8 | €772 | €768 | -€4 | -0.5% |
| Gross operating margin | 9900 | €52,658 | €29,283 | -€23,374 | -44.4% |
| Operating profit (loss) | 9901 | €51,191 | €25,874 | -€25,317 | -49.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €287 | €151 | -€137 | -47.6% |
| Recurring financial charges | 65 | €287 | €151 | -€137 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €50,903 | €25,723 | -€25,180 | -49.5% |
| Income taxes | 67/77 | €11,328 | €6,278 | -€5,050 | -44.6% |
| Profit (loss) for the period | 9904 | €39,575 | €19,445 | -€20,130 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,575 | €19,445 | -€20,130 | -50.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.