ECO BEL PRO: what changed
ECO BEL PRO
Largest movements
- Receivables within one year -€69,058
down €69,058 (-41.6%), from €166,049 to €96,991
of which Trade receivables: -€58,039
- Cash -€19,171
down €19,171 (-60.4%), from €31,732 to €12,561
mainly Trade debts (-€68,639) and Other debts (-€11,212)
- Tangible fixed assets +€2,823
up €2,823 (+12.1%), from €23,357 to €26,180
- Trade debts -€68,639
down €68,639 (-51.2%), from €134,176 to €65,537
- Other debts -€11,212
down €11,212 (-20.0%), from €56,032 to €44,820
- Profit (loss) carried forward -€5,012
down €5,012 (-24.8%), from €20,232 to €15,220
- Other operating charges -€4,864
down €4,864 (-72.8%), from €6,677 to €1,813
- Gross operating margin -€2,927
down €2,927 (-21.5%), from €13,601 to €10,675
- Depreciation +€2,197
up €2,197 (+64.7%), from €3,395 to €5,592
- Taxes -€562
down €562 (-8.6%), from €6,515 to €5,953
- Financial charges +€389
up €389 (+167%), from €233 to €622
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 | €222,501 | €137,232 | -€85,269 | -38.3% |
| Fixed assets | 21/28 | €23,357 | €26,180 | +€2,823 | +12.1% |
| Tangible fixed assets | 22/27 | €23,357 | €26,180 | +€2,823 | +12.1% |
| Furniture and vehicles | 24 | €23,357 | €26,180 | +€2,823 | +12.1% |
| Current assets | 29/58 | €199,144 | €111,052 | -€88,092 | -44.2% |
| Amounts receivable within one year | 40/41 | €166,049 | €96,991 | -€69,058 | -41.6% |
| Trade receivables | 40 | €153,542 | €95,503 | -€58,039 | -37.8% |
| Other amounts receivable | 41 | €12,507 | €1,488 | -€11,019 | -88.1% |
| Cash at bank and in hand | 54/58 | €31,732 | €12,561 | -€19,171 | -60.4% |
| Deferred charges and accrued income | 490/1 | €1,362 | €1,500 | +€138 | +10.1% |
| Total equity and liabilities | 10/49 | €222,501 | €137,232 | -€85,269 | -38.3% |
| Equity | 10/15 | €24,232 | €19,220 | -€5,012 | -20.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,232 | €15,220 | -€5,012 | -24.8% |
| Amounts payable | 17/49 | €198,269 | €118,012 | -€80,257 | -40.5% |
| Amounts payable within one year | 42/48 | €198,269 | €118,012 | -€80,257 | -40.5% |
| Trade debts | 44 | €134,176 | €65,537 | -€68,639 | -51.2% |
| Suppliers | 440/4 | €134,176 | €65,537 | -€68,639 | -51.2% |
| Taxes, remuneration and social security | 45 | €8,061 | €7,655 | -€405 | -5.0% |
| Taxes | 450/3 | €8,061 | €7,655 | -€405 | -5.0% |
| Other amounts payable | 47/48 | €56,032 | €44,820 | -€11,212 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,395 | €5,592 | +€2,197 | +64.7% |
| Other operating charges | 640/8 | €6,677 | €1,813 | -€4,864 | -72.8% |
| Non-recurring operating charges | 66A | - | €1,707 | +€1,707 | |
| Gross operating margin | 9900 | €13,601 | €10,675 | -€2,927 | -21.5% |
| Operating profit (loss) | 9901 | €3,530 | €1,563 | -€1,967 | -55.7% |
| Financial charges | 65/66B | €233 | €622 | +€389 | +167% |
| Recurring financial charges | 65 | €233 | €622 | +€389 | +167% |
| Profit (loss) for the period before taxes | 9903 | €3,297 | €941 | -€2,356 | -71.5% |
| Income taxes | 67/77 | €6,515 | €5,953 | -€562 | -8.6% |
| Profit (loss) for the period | 9904 | -€3,218 | -€5,012 | -€1,794 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,218 | -€5,012 | -€1,794 | -55.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.