ECLIPS: what changed
ECLIPS
Largest movements
- Cash +€35,108
up €35,108 (+64.8%), from €54,198 to €89,306
mainly Depreciation (+€21,022) and Net result for the year (+€17,040)
- Tangible fixed assets -€14,133
down €14,133 (-10.7%), from €132,632 to €118,499
of which Leasing and similar rights: -€9,002
- Receivables within one year -€11,789
down €11,789 (-34.5%), from €34,153 to €22,364
of which Trade receivables: -€11,849
- Deferred charges and accrued income +€5,391
up €5,391 (+162%), from €3,337 to €8,728
- Profit (loss) carried forward +€17,040
up €17,040 (+27.6%), from €61,632 to €78,673
- Trade debts +€14,565
up €14,565 (+1,587%), from €918 to €15,483
- Other debts -€9,744
down €9,744 (-19.1%), from €51,070 to €41,326
- Advances received +€7,500
new in 2025: €7,500
- Tax, wage and social debts -€5,880
down €5,880 (-64.5%), from €9,111 to €3,231
of which Taxes: -€6,051
- Gross operating margin +€5,886
up €5,886 (+12.8%), from €45,835 to €51,722
- Depreciation +€4,845
up €4,845 (+29.9%), from €16,177 to €21,022
- Financial charges +€1,361
up €1,361 (+51.9%), from €2,624 to €3,984
- Staff costs -€1,341
down €1,341 (-88.8%), from €1,511 to €170
- Taxes +€927
up €927 (+16.4%), from €5,654 to €6,582
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,751 | €239,328 | +€14,577 | +6.5% |
| Fixed assets | 21/28 | €133,063 | €118,930 | -€14,133 | -10.6% |
| Tangible fixed assets | 22/27 | €132,632 | €118,499 | -€14,133 | -10.7% |
| Land and buildings | 22 | €75,315 | €69,462 | -€5,853 | -7.8% |
| Plant, machinery and equipment | 23 | €288 | €1,704 | +€1,416 | +492% |
| Furniture and vehicles | 24 | €16,268 | €15,573 | -€695 | -4.3% |
| Leasing and similar rights | 25 | €40,762 | €31,760 | -€9,002 | -22.1% |
| Financial fixed assets | 28 | €431 | €431 | = | 0.0% |
| Current assets | 29/58 | €91,688 | €120,398 | +€28,710 | +31.3% |
| Amounts receivable within one year | 40/41 | €34,153 | €22,364 | -€11,789 | -34.5% |
| Trade receivables | 40 | €34,040 | €22,191 | -€11,849 | -34.8% |
| Other amounts receivable | 41 | €112 | €173 | +€60 | +53.7% |
| Cash at bank and in hand | 54/58 | €54,198 | €89,306 | +€35,108 | +64.8% |
| Deferred charges and accrued income | 490/1 | €3,337 | €8,728 | +€5,391 | +162% |
| Total equity and liabilities | 10/49 | €224,751 | €239,328 | +€14,577 | +6.5% |
| Equity | 10/15 | €132,040 | €149,080 | +€17,040 | +12.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €8,408 | €8,408 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,208 | €2,208 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,632 | €78,673 | +€17,040 | +27.6% |
| Amounts payable | 17/49 | €92,711 | €90,248 | -€2,463 | -2.7% |
| Amounts payable after more than one year | 17 | €23,181 | €17,346 | -€5,835 | -25.2% |
| Financial debts | 170/4 | €23,181 | €17,346 | -€5,835 | -25.2% |
| Amounts payable within one year | 42/48 | €66,154 | €72,902 | +€6,748 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €5,055 | €5,361 | +€306 | +6.1% |
| Trade debts | 44 | €918 | €15,483 | +€14,565 | +1,587% |
| Suppliers | 440/4 | €918 | €15,483 | +€14,565 | +1,587% |
| Advances received on contracts in progress | 46 | - | €7,500 | +€7,500 | |
| Taxes, remuneration and social security | 45 | €9,111 | €3,231 | -€5,880 | -64.5% |
| Taxes | 450/3 | €7,611 | €1,560 | -€6,051 | -79.5% |
| Remuneration and social security | 454/9 | €1,500 | €1,671 | +€171 | +11.4% |
| Other amounts payable | 47/48 | €51,070 | €41,326 | -€9,744 | -19.1% |
| Accrued charges and deferred income | 492/3 | €3,376 | - | -€3,376 | |
| Remuneration, social security and pensions | 62 | €1,511 | €170 | -€1,341 | -88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,177 | €21,022 | +€4,845 | +29.9% |
| Other operating charges | 640/8 | €3,253 | €3,899 | +€646 | +19.9% |
| Gross operating margin | 9900 | €45,835 | €51,722 | +€5,886 | +12.8% |
| Operating profit (loss) | 9901 | €24,894 | €26,631 | +€1,737 | +7.0% |
| Financial income | 75/76B | €221 | €975 | +€754 | +341% |
| Recurring financial income | 75 | €221 | €975 | +€754 | +341% |
| Financial charges | 65/66B | €2,624 | €3,984 | +€1,361 | +51.9% |
| Recurring financial charges | 65 | €2,624 | €3,984 | +€1,361 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €22,492 | €23,622 | +€1,130 | +5.0% |
| Income taxes | 67/77 | €5,654 | €6,582 | +€927 | +16.4% |
| Profit (loss) for the period | 9904 | €16,838 | €17,040 | +€203 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,838 | €17,040 | +€203 | +1.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.