ECO DCV: 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 DCV
Largest movements
- Cash +€40,168
up €40,168 (+186%), from €21,595 to €61,762
mainly Net result for the year (+€30,240) and Receivables within one year (+€7,197)
- Receivables within one year -€7,197
down €7,197 (-29.0%), from €24,785 to €17,588
of which Trade receivables: -€7,658
- Tangible fixed assets -€1,159
down €1,159 (-41.9%), from €2,765 to €1,606
of which Plant, machinery and equipment: -€1,075
- Deferred charges and accrued income +€1,034
up €1,034 (+67.1%), from €1,539 to €2,573
- Profit (loss) carried forward +€30,240
new in 2025: €30,240
- Tax, wage and social debts +€2,961
up €2,961 (+13.1%), from €22,525 to €25,486
of which Taxes: +€2,961
- Other debts -€916
down €916 (-100%), from €916 to €0
- Gross operating margin +€36,665
up €36,665 (+632%), from €5,802 to €42,467
- Taxes +€7,504
up €7,504 (+712%), from €1,054 to €8,558
- Financial charges -€642
down €642 (-27.8%), from €2,313 to €1,671
of which Financial charges: -€642
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 | €50,683 | €83,529 | +€32,845 | +64.8% |
| Fixed assets | 21/28 | €2,765 | €1,606 | -€1,159 | -41.9% |
| Tangible fixed assets | 22/27 | €2,765 | €1,606 | -€1,159 | -41.9% |
| Plant, machinery and equipment | 23 | €2,681 | €1,606 | -€1,075 | -40.1% |
| Furniture and vehicles | 24 | €83 | €0 | -€83 | -100% |
| Current assets | 29/58 | €47,919 | €81,923 | +€34,004 | +71.0% |
| Amounts receivable within one year | 40/41 | €24,785 | €17,588 | -€7,197 | -29.0% |
| Trade receivables | 40 | €24,785 | €17,127 | -€7,658 | -30.9% |
| Other amounts receivable | 41 | - | €461 | +€461 | |
| Cash at bank and in hand | 54/58 | €21,595 | €61,762 | +€40,168 | +186% |
| Deferred charges and accrued income | 490/1 | €1,539 | €2,573 | +€1,034 | +67.1% |
| Total equity and liabilities | 10/49 | €50,683 | €83,529 | +€32,845 | +64.8% |
| Equity | 10/15 | €26,348 | €56,589 | +€30,240 | +115% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €16,348 | €16,348 | = | 0.0% |
| Distributable reserves | 133 | €16,348 | €16,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €30,240 | +€30,240 | |
| Amounts payable | 17/49 | €24,335 | €26,940 | +€2,605 | +10.7% |
| Amounts payable within one year | 42/48 | €24,335 | €26,940 | +€2,605 | +10.7% |
| Trade debts | 44 | €895 | €1,454 | +€559 | +62.4% |
| Suppliers | 440/4 | €895 | €1,454 | +€559 | +62.4% |
| Taxes, remuneration and social security | 45 | €22,525 | €25,486 | +€2,961 | +13.1% |
| Taxes | 450/3 | €19,068 | €22,029 | +€2,961 | +15.5% |
| Remuneration and social security | 454/9 | €3,457 | €3,457 | = | 0.0% |
| Other amounts payable | 47/48 | €916 | €0 | -€916 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,192 | €1,159 | -€33 | -2.8% |
| Other operating charges | 640/8 | €429 | €839 | +€410 | +95.5% |
| Gross operating margin | 9900 | €5,802 | €42,467 | +€36,665 | +632% |
| Operating profit (loss) | 9901 | €4,181 | €40,470 | +€36,289 | +868% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,313 | €1,671 | -€642 | -27.8% |
| Recurring financial charges | 65 | €2,313 | €1,671 | -€642 | -27.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €1,868 | €38,798 | +€36,931 | +1,978% |
| Income taxes | 67/77 | €1,054 | €8,558 | +€7,504 | +712% |
| Profit (loss) for the period | 9904 | €814 | €30,240 | +€29,427 | +3,617% |
| Profit (loss) for the period to be appropriated | 9905 | €814 | €30,240 | +€29,427 | +3,617% |
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 16 October 2026 via checked.be.