ECLIPZ: 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.
ECLIPZ
Largest movements
- Receivables within one year +€38,266
up €38,266 (+64.3%), from €59,531 to €97,797
of which Other amounts receivable: +€54,844
- Tangible fixed assets -€25,796
down €25,796 (-22.3%), from €115,590 to €89,794
- Cash -€12,405
down €12,405 (-16.9%), from €73,511 to €61,106
mainly Contributions, distributions and other (-€71,429) and Receivables within one year (-€38,266)
- Other debts +€48,390
up €48,390 (+2076.7%), from €2,330 to €50,720
- Reserves -€22,443
down €22,443 (-15.6%), from €144,211 to €121,768
of which Distributable reserves: -€22,443
- Debts after one year -€22,376
down €22,376 (-37.2%), from €60,110 to €37,734
- Tax, wage and social debts -€4,340
down €4,340 (-98.9%), from €4,389 to €49
- Gross operating margin -€19,263
down €19,263 (-17.2%), from €111,953 to €92,691
- Depreciation +€12,405
up €12,405 (+92.6%), from €13,392 to €25,796
- Taxes -€6,749
down €6,749 (-33.7%), from €20,037 to €13,287
- Financial charges +€1,303
up €1,303 (+52.3%), from €2,490 to €3,792
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 | €248,632 | €248,697 | +€64 | 0.0% |
| Fixed assets | 21/28 | €115,590 | €89,794 | -€25,796 | -22.3% |
| Tangible fixed assets | 22/27 | €115,590 | €89,794 | -€25,796 | -22.3% |
| Furniture and vehicles | 24 | €115,590 | €89,794 | -€25,796 | -22.3% |
| Current assets | 29/58 | €133,043 | €158,903 | +€25,861 | +19.4% |
| Amounts receivable within one year | 40/41 | €59,531 | €97,797 | +€38,266 | +64.3% |
| Trade receivables | 40 | €52,637 | €36,058 | -€16,578 | -31.5% |
| Other amounts receivable | 41 | €6,895 | €61,739 | +€54,844 | +795.5% |
| Cash at bank and in hand | 54/58 | €73,511 | €61,106 | -€12,405 | -16.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €248,632 | €248,697 | +€64 | 0.0% |
| Equity | 10/15 | €152,271 | €129,828 | -€22,443 | -14.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €144,211 | €121,768 | -€22,443 | -15.6% |
| Tax-exempt reserves | 132 | €7,422 | €7,422 | = | 0.0% |
| Distributable reserves | 133 | €136,789 | €114,346 | -€22,443 | -16.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,361 | €118,869 | +€22,508 | +23.4% |
| Amounts payable after more than one year | 17 | €60,110 | €37,734 | -€22,376 | -37.2% |
| Financial debts | 170/4 | €60,110 | €37,734 | -€22,376 | -37.2% |
| Amounts payable within one year | 42/48 | €36,252 | €81,135 | +€44,883 | +123.8% |
| Current portion of amounts payable after more than one year | 42 | €21,312 | €22,376 | +€1,064 | +5.0% |
| Trade debts | 44 | €8,220 | €7,990 | -€230 | -2.8% |
| Suppliers | 440/4 | €8,220 | €7,990 | -€230 | -2.8% |
| Taxes, remuneration and social security | 45 | €4,389 | €49 | -€4,340 | -98.9% |
| Taxes | 450/3 | €4,389 | €49 | -€4,340 | -98.9% |
| Other amounts payable | 47/48 | €2,330 | €50,720 | +€48,390 | +2076.7% |
| Non-recurring operating income | 76A | €17,355 | €0 | -€17,355 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,392 | €25,796 | +€12,405 | +92.6% |
| Other operating charges | 640/8 | €728 | €831 | +€103 | +14.2% |
| Gross operating margin | 9900 | €111,953 | €92,691 | -€19,263 | -17.2% |
| Operating profit (loss) | 9901 | €97,834 | €66,063 | -€31,771 | -32.5% |
| Financial income | 75/76B | €65 | €2 | -€64 | -97.2% |
| Recurring financial income | 75 | €65 | €2 | -€64 | -97.2% |
| Financial charges | 65/66B | €2,490 | €3,792 | +€1,303 | +52.3% |
| Recurring financial charges | 65 | €2,490 | €3,792 | +€1,303 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | €95,409 | €62,272 | -€33,137 | -34.7% |
| Income taxes | 67/77 | €20,037 | €13,287 | -€6,749 | -33.7% |
| Profit (loss) for the period | 9904 | €75,373 | €48,985 | -€26,388 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,373 | €48,985 | -€26,388 | -35.0% |
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 10 October 2026 via checked.be.