ECO CENTURY: 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 CENTURY
Largest movements
- Receivables within one year +€96,721
up €96,721 (+319%), from €30,352 to €127,073
of which Trade receivables: +€103,043
- Cash -€7,549
down €7,549 (-98.3%), from €7,683 to €134
mainly Receivables within one year (-€96,721) and Investment in fixed assets (net) (-€3,703)
- Stocks and contracts -€6,741
down €6,741 (-62.1%), from €10,863 to €4,121
- Trade debts +€73,773
up €73,773 (+15,078%), from €489 to €74,262
- Profit (loss) carried forward +€6,359
up €6,359 (+16.1%), from €39,567 to €45,926
- Gross operating margin +€11,291
up €11,291 (+353%), from €3,198 to €14,489
- Financial income -€7,105
down €7,105 (-95.2%), from €7,460 to €355
- Depreciation -€1,199
down €1,199 (-19.6%), from €6,121 to €4,923
- Taxes +€976
up €976 (+85.6%), from €1,141 to €2,117
- Financial charges +€280
up €280 (+335%), from €84 to €364
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.
Derived cash bridge
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 | €53,226 | €134,436 | +€81,210 | +153% |
| Formation expenses | 20 | €71 | - | -€71 | |
| Fixed assets | 21/28 | €4,257 | €3,108 | -€1,149 | -27.0% |
| Tangible fixed assets | 22/27 | €4,257 | €3,108 | -€1,149 | -27.0% |
| Plant, machinery and equipment | 23 | €1,400 | - | -€1,400 | |
| Furniture and vehicles | 24 | €2,857 | €3,108 | +€251 | +8.8% |
| Current assets | 29/58 | €48,898 | €131,328 | +€82,430 | +169% |
| Stocks and contracts in progress | 3 | €10,863 | €4,121 | -€6,741 | -62.1% |
| Stocks | 30/36 | €10,863 | €4,121 | -€6,741 | -62.1% |
| Amounts receivable within one year | 40/41 | €30,352 | €127,073 | +€96,721 | +319% |
| Trade receivables | 40 | €13,580 | €116,623 | +€103,043 | +759% |
| Other amounts receivable | 41 | €16,772 | €10,450 | -€6,322 | -37.7% |
| Cash at bank and in hand | 54/58 | €7,683 | €134 | -€7,549 | -98.3% |
| Total equity and liabilities | 10/49 | €53,226 | €134,436 | +€81,210 | +153% |
| Equity | 10/15 | €46,567 | €52,926 | +€6,359 | +13.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,567 | €45,926 | +€6,359 | +16.1% |
| Amounts payable | 17/49 | €6,660 | €81,510 | +€74,851 | +1,124% |
| Amounts payable within one year | 42/48 | €6,660 | €81,510 | +€74,851 | +1,124% |
| Trade debts | 44 | €489 | €74,262 | +€73,773 | +15,078% |
| Suppliers | 440/4 | €489 | €74,262 | +€73,773 | +15,078% |
| Advances received on contracts in progress | 46 | €4,181 | €4,181 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,990 | €3,068 | +€1,078 | +54.2% |
| Taxes | 450/3 | €1,990 | €3,068 | +€1,078 | +54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,121 | €4,923 | -€1,199 | -19.6% |
| Other operating charges | 640/8 | €1,100 | €1,081 | -€19 | -1.7% |
| Gross operating margin | 9900 | €3,198 | €14,489 | +€11,291 | +353% |
| Operating profit (loss) | 9901 | -€4,023 | €8,485 | +€12,508 | |
| Financial income | 75/76B | €7,460 | €355 | -€7,105 | -95.2% |
| Recurring financial income | 75 | €7,460 | €355 | -€7,105 | -95.2% |
| Financial charges | 65/66B | €84 | €364 | +€280 | +335% |
| Recurring financial charges | 65 | €84 | €364 | +€280 | +335% |
| Profit (loss) for the period before taxes | 9903 | €3,354 | €8,476 | +€5,122 | +153% |
| Income taxes | 67/77 | €1,141 | €2,117 | +€976 | +85.6% |
| Profit (loss) for the period | 9904 | €2,213 | €6,359 | +€4,146 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €2,213 | €6,359 | +€4,146 | +187% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.