ECO-BUS: 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.
ECO-BUS
Largest movements
- Receivables within one year +€760,640
up €760,640 (+194.5%), from €391,007 to €1.2m
of which Trade receivables: +€546,275
- Cash -€444,131
down €444,131 (-63.2%), from €703,044 to €258,914
mainly Receivables within one year (-€760,640) and Investment in fixed assets (net) (-€328,021)
- Tangible fixed assets +€215,348
up €215,348 (+105.9%), from €203,289 to €418,636
of which Furniture and vehicles: +€201,208
- Profit (loss) carried forward +€489,658
up €489,658 (+127.4%), from €384,277 to €873,935
- Trade debts -€85,716
down €85,716 (-24.4%), from €350,596 to €264,880
- Debts after one year +€61,471
up €61,471 (+52.6%), from €116,900 to €178,370
- Current portion of long-term debt +€41,403
up €41,403 (+118.0%), from €35,100 to €76,503
- Tax, wage and social debts +€25,042
up €25,042 (+9.7%), from €257,967 to €283,009
of which Remuneration and social security: +€54,032
- Turnover +€437,981
up €437,981 (+23.5%), from €1.9m to €2.3m
- Staff costs +€381,759
up €381,759 (+63.5%), from €600,807 to €982,565
- Gross operating margin +€247,027
up €247,027 (+18.1%), from €1.4m to €1.6m
- Taxes -€198,237
no longer reported in 2024 (was €198,237)
- Purchases and services +€190,954
up €190,954 (+38.3%), from €498,951 to €689,906
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,305,840 | €1,837,697 | +€531,857 | +40.7% |
| Fixed assets | 21/28 | €211,789 | €427,136 | +€215,348 | +101.7% |
| Tangible fixed assets | 22/27 | €203,289 | €418,636 | +€215,348 | +105.9% |
| Furniture and vehicles | 24 | €200,232 | €401,440 | +€201,208 | +100.5% |
| Leasing and similar rights | 25 | - | €15,187 | +€15,187 | |
| Other tangible fixed assets | 26 | €3,057 | €2,010 | -€1,047 | -34.3% |
| Financial fixed assets | 28 | €8,500 | €8,500 | = | 0.0% |
| Current assets | 29/58 | €1,094,052 | €1,410,561 | +€316,510 | +28.9% |
| Amounts receivable within one year | 40/41 | €391,007 | €1,151,648 | +€760,640 | +194.5% |
| Trade receivables | 40 | €260,384 | €806,659 | +€546,275 | +209.8% |
| Other amounts receivable | 41 | €130,623 | €344,988 | +€214,365 | +164.1% |
| Cash at bank and in hand | 54/58 | €703,044 | €258,914 | -€444,131 | -63.2% |
| Total equity and liabilities | 10/49 | €1,305,840 | €1,837,697 | +€531,857 | +40.7% |
| Equity | 10/15 | €395,277 | €884,935 | +€489,658 | +123.9% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Contributions outside capital | 11 | €11,000 | €11,000 | = | 0.0% |
| Share premium | 1100/10 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €384,277 | €873,935 | +€489,658 | +127.4% |
| Amounts payable | 17/49 | €910,564 | €952,763 | +€42,199 | +4.6% |
| Amounts payable after more than one year | 17 | €116,900 | €178,370 | +€61,471 | +52.6% |
| Financial debts | 170/4 | €116,900 | €178,370 | +€61,471 | +52.6% |
| Amounts payable within one year | 42/48 | €793,664 | €774,392 | -€19,271 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €35,100 | €76,503 | +€41,403 | +118.0% |
| Trade debts | 44 | €350,596 | €264,880 | -€85,716 | -24.4% |
| Suppliers | 440/4 | €350,596 | €264,880 | -€85,716 | -24.4% |
| Taxes, remuneration and social security | 45 | €257,967 | €283,009 | +€25,042 | +9.7% |
| Taxes | 450/3 | €245,588 | €216,597 | -€28,991 | -11.8% |
| Remuneration and social security | 454/9 | €12,379 | €66,412 | +€54,032 | +436.5% |
| Other amounts payable | 47/48 | €150,000 | €150,000 | = | 0.0% |
| Turnover | 70 | €1,863,123 | €2,301,104 | +€437,981 | +23.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €498,951 | €689,906 | +€190,954 | +38.3% |
| Remuneration, social security and pensions | 62 | €600,807 | €982,565 | +€381,759 | +63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,502 | €112,674 | +€85,171 | +309.7% |
| Other operating charges | 640/8 | €568 | €6,868 | +€6,300 | +1109.1% |
| Gross operating margin | 9900 | €1,364,171 | €1,611,198 | +€247,027 | +18.1% |
| Operating profit (loss) | 9901 | €735,294 | €509,091 | -€226,203 | -30.8% |
| Financial income | 75/76B | €12,979 | €14,671 | +€1,692 | +13.0% |
| Recurring financial income | 75 | €12,979 | €2,528 | -€10,451 | -80.5% |
| Non-recurring financial income | 76B | €12,979 | €12,143 | -€836 | -6.4% |
| Financial charges | 65/66B | €18,093 | €34,104 | +€16,011 | +88.5% |
| Recurring financial charges | 65 | €2,490 | €18,057 | +€15,567 | +625.1% |
| Non-recurring financial charges | 66B | €15,603 | €16,047 | +€444 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €730,180 | €489,658 | -€240,522 | -32.9% |
| Income taxes | 67/77 | €198,237 | - | -€198,237 | |
| Profit (loss) for the period | 9904 | €531,943 | €489,658 | -€42,285 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €531,943 | €489,658 | -€42,285 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.