ECLIPS: 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.
ECLIPS
Largest movements
- Tangible fixed assets +€80,164
up €80,164 (+243%), from €33,018 to €113,182
of which Furniture and vehicles: +€75,110
- Receivables within one year -€16,577
down €16,577 (-10.5%), from €157,399 to €140,822
of which Other amounts receivable: -€14,927
- Intangible fixed assets -€8,254
down €8,254 (-15.8%), from €52,274 to €44,020
- Debts after one year +€43,450
up €43,450 (+84.4%), from €51,485 to €94,935
- Trade debts +€8,517
up €8,517 (+6.5%), from €131,582 to €140,100
- Reserves +€6,296
up €6,296 (+11.2%), from €56,145 to €62,442
of which Distributable reserves: +€6,296
- Tax, wage and social debts -€4,434
no longer reported in 2025 (was €4,434)
- Depreciation -€10,257
down €10,257 (-36.0%), from €28,472 to €18,216
- Financial income +€8,213
up €8,213 (+101%), from €8,156 to €16,369
- Financial charges -€2,984
down €2,984 (-35.3%), from €8,459 to €5,475
- Gross operating margin +€2,448
up €2,448 (+9.1%), from €26,920 to €29,367
- Other operating charges +€1,818
up €1,818 (+13.5%), from €13,514 to €15,332
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 | €251,827 | €305,659 | +€53,832 | +21.4% |
| Fixed assets | 21/28 | €85,292 | €157,202 | +€71,911 | +84.3% |
| Intangible fixed assets | 21 | €52,274 | €44,020 | -€8,254 | -15.8% |
| Tangible fixed assets | 22/27 | €33,018 | €113,182 | +€80,164 | +243% |
| Land and buildings | 22 | €12,358 | €17,413 | +€5,055 | +40.9% |
| Furniture and vehicles | 24 | €20,660 | €95,769 | +€75,110 | +364% |
| Current assets | 29/58 | €166,535 | €148,457 | -€18,078 | -10.9% |
| Amounts receivable within one year | 40/41 | €157,399 | €140,822 | -€16,577 | -10.5% |
| Trade receivables | 40 | €35,391 | €33,740 | -€1,650 | -4.7% |
| Other amounts receivable | 41 | €122,009 | €107,082 | -€14,927 | -12.2% |
| Cash at bank and in hand | 54/58 | €1 | €6 | +€5 | +804% |
| Deferred charges and accrued income | 490/1 | €9,135 | €7,629 | -€1,507 | -16.5% |
| Total equity and liabilities | 10/49 | €251,827 | €305,659 | +€53,832 | +21.4% |
| Equity | 10/15 | €59,145 | €65,442 | +€6,296 | +10.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €56,145 | €62,442 | +€6,296 | +11.2% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €55,845 | €62,142 | +€6,296 | +11.3% |
| Amounts payable | 17/49 | €192,682 | €240,218 | +€47,536 | +24.7% |
| Amounts payable after more than one year | 17 | €51,485 | €94,935 | +€43,450 | +84.4% |
| Financial debts | 170/4 | €51,485 | €94,935 | +€43,450 | +84.4% |
| Amounts payable within one year | 42/48 | €141,197 | €145,283 | +€4,086 | +2.9% |
| Financial debts | 43 | €5,180 | €5,183 | +€3 | +0.1% |
| Credit institutions | 430/8 | €5,180 | €5,183 | +€3 | +0.1% |
| Trade debts | 44 | €131,582 | €140,100 | +€8,517 | +6.5% |
| Suppliers | 440/4 | €131,582 | €140,100 | +€8,517 | +6.5% |
| Taxes, remuneration and social security | 45 | €4,434 | - | -€4,434 | |
| Taxes | 450/3 | €4,434 | - | -€4,434 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,472 | €18,216 | -€10,257 | -36.0% |
| Other operating charges | 640/8 | €13,514 | €15,332 | +€1,818 | +13.5% |
| Non-recurring operating charges | 66A | - | €191 | +€191 | |
| Gross operating margin | 9900 | €26,920 | €29,367 | +€2,448 | +9.1% |
| Operating profit (loss) | 9901 | -€15,066 | -€4,371 | +€10,695 | +71.0% |
| Financial income | 75/76B | €8,156 | €16,369 | +€8,213 | +101% |
| Recurring financial income | 75 | €8,156 | €16,369 | +€8,213 | +101% |
| Financial charges | 65/66B | €8,459 | €5,475 | -€2,984 | -35.3% |
| Recurring financial charges | 65 | €8,459 | €5,475 | -€2,984 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,370 | €6,523 | +€21,892 | |
| Income taxes | 67/77 | €237 | €226 | -€11 | -4.6% |
| Profit (loss) for the period | 9904 | -€15,607 | €6,296 | +€21,903 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,607 | €6,296 | +€21,903 |
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 28 October 2026 via checked.be.