ECLIPS NAMUR: 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 NAMUR
Largest movements
- Tangible fixed assets -€5,343
down €5,343 (-79.9%), from €6,685 to €1,341
of which Furniture and vehicles: -€4,667
- Stocks and contracts -€1,649
down €1,649 (-37.3%), from €4,419 to €2,770
- Deferred charges and accrued income +€1,436
up €1,436 (+208%), from €689 to €2,125
- Receivables within one year -€1,108
down €1,108 (-6.1%), from €18,168 to €17,060
of which Trade receivables: -€1,251
- Cash -€882
down €882 (-3.1%), from €28,709 to €27,827
mainly Net result for the year (-€26,957) and Other debts (-€3,458)
- Profit (loss) carried forward -€26,957
down €26,957 (-907%), from -€2,972 to -€29,929
- Trade debts +€11,690
up €11,690 (+222%), from €5,265 to €16,955
- Tax, wage and social debts +€8,297
up €8,297 (+687%), from €1,208 to €9,505
of which Remuneration and social security: +€6,718
- Current portion of long-term debt +€3,912
new in 2025: €3,912
- Other debts -€3,458
down €3,458 (-73.9%), from €4,678 to €1,219
- Staff costs +€32,464
up €32,464 (+118%), from €27,417 to €59,880
- Other operating charges -€3,774
down €3,774 (-72.4%), from €5,210 to €1,436
- Financial income -€1,480
down €1,480 (-94.2%), from €1,571 to €90
- Depreciation -€808
down €808 (-13.1%), from €6,151 to €5,343
- Gross operating margin +€585
up €585 (+1.5%), from €40,213 to €40,799
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 | €58,670 | €51,123 | -€7,547 | -12.9% |
| Fixed assets | 21/28 | €6,685 | €1,341 | -€5,343 | -79.9% |
| Tangible fixed assets | 22/27 | €6,685 | €1,341 | -€5,343 | -79.9% |
| Plant, machinery and equipment | 23 | €1,387 | €711 | -€676 | -48.8% |
| Furniture and vehicles | 24 | €5,297 | €630 | -€4,667 | -88.1% |
| Current assets | 29/58 | €51,985 | €49,782 | -€2,203 | -4.2% |
| Stocks and contracts in progress | 3 | €4,419 | €2,770 | -€1,649 | -37.3% |
| Stocks | 30/36 | €4,419 | €2,770 | -€1,649 | -37.3% |
| Amounts receivable within one year | 40/41 | €18,168 | €17,060 | -€1,108 | -6.1% |
| Trade receivables | 40 | €12,217 | €10,966 | -€1,251 | -10.2% |
| Other amounts receivable | 41 | €5,951 | €6,093 | +€143 | +2.4% |
| Cash at bank and in hand | 54/58 | €28,709 | €27,827 | -€882 | -3.1% |
| Deferred charges and accrued income | 490/1 | €689 | €2,125 | +€1,436 | +208% |
| Total equity and liabilities | 10/49 | €58,670 | €51,123 | -€7,547 | -12.9% |
| Equity | 10/15 | €46,489 | €19,532 | -€26,957 | -58.0% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €30,711 | €30,711 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,345 | €3,345 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,345 | €3,345 | = | 0.0% |
| Distributable reserves | 133 | €27,367 | €27,367 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,972 | -€29,929 | -€26,957 | -907% |
| Amounts payable | 17/49 | €12,181 | €31,591 | +€19,410 | +159% |
| Amounts payable within one year | 42/48 | €12,181 | €31,591 | +€19,410 | +159% |
| Current portion of amounts payable after more than one year | 42 | - | €3,912 | +€3,912 | |
| Financial debts | 43 | €1,030 | - | -€1,030 | |
| Credit institutions | 430/8 | €1,030 | - | -€1,030 | |
| Trade debts | 44 | €5,265 | €16,955 | +€11,690 | +222% |
| Suppliers | 440/4 | €5,265 | €16,955 | +€11,690 | +222% |
| Taxes, remuneration and social security | 45 | €1,208 | €9,505 | +€8,297 | +687% |
| Taxes | 450/3 | €371 | €1,950 | +€1,579 | +426% |
| Remuneration and social security | 454/9 | €837 | €7,555 | +€6,718 | +803% |
| Other amounts payable | 47/48 | €4,678 | €1,219 | -€3,458 | -73.9% |
| Remuneration, social security and pensions | 62 | €27,417 | €59,880 | +€32,464 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,151 | €5,343 | -€808 | -13.1% |
| Other operating charges | 640/8 | €5,210 | €1,436 | -€3,774 | -72.4% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €40,213 | €40,799 | +€585 | +1.5% |
| Operating profit (loss) | 9901 | €1,136 | -€25,861 | -€26,997 | |
| Financial income | 75/76B | €1,571 | €90 | -€1,480 | -94.2% |
| Recurring financial income | 75 | €1,571 | €90 | -€1,480 | -94.2% |
| Financial charges | 65/66B | €900 | €973 | +€74 | +8.2% |
| Recurring financial charges | 65 | €900 | €973 | +€74 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €1,806 | -€26,745 | -€28,551 | |
| Income taxes | 67/77 | €49 | €212 | +€163 | +332% |
| Profit (loss) for the period | 9904 | €1,757 | -€26,957 | -€28,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,757 | -€26,957 | -€28,714 |
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 20 October 2026 via checked.be.