ECO EVENT: 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 EVENT
Largest movements
- Receivables within one year +€20,181
up €20,181 (+298%), from €6,780 to €26,961
of which Trade receivables: +€12,776
- Tangible fixed assets +€7,876
up €7,876 (+73.9%), from €10,650 to €18,526
of which Assets under construction and advance payments: +€10,479
- Receivables after one year -€4,500
no longer reported in 2024 (was €4,500)
- Cash +€2,507
up €2,507 (+291%), from €861 to €3,369
mainly Other debts (+€19,162) and Net result for the year (+€5,404)
- Intangible fixed assets +€2,267
new in 2024: €2,267
- Other debts +€19,162
up €19,162 (+3,020%), from €635 to €19,796
- Profit (loss) carried forward +€5,404
up €5,404 (+45.5%), from €11,867 to €17,271
- Tax, wage and social debts +€4,067
up €4,067 (+192%), from €2,121 to €6,189
of which Taxes: +€5,161
- Gross operating margin +€6,356
up €6,356 (+72.2%), from €8,802 to €15,157
- Staff costs -€6,132
down €6,132 (-65.7%), from €9,340 to €3,208
- Depreciation +€2,637
up €2,637 (+240%), from €1,100 to €3,737
- Taxes +€1,300
new in 2024: €1,300
- Other operating charges -€587
down €587 (-29.9%), from €1,966 to €1,379
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 | €22,996 | €51,327 | +€28,330 | +123% |
| Fixed assets | 21/28 | €10,855 | €20,998 | +€10,142 | +93.4% |
| Intangible fixed assets | 21 | - | €2,267 | +€2,267 | |
| Tangible fixed assets | 22/27 | €10,650 | €18,526 | +€7,876 | +73.9% |
| Furniture and vehicles | 24 | €1,492 | €858 | -€633 | -42.5% |
| Other tangible fixed assets | 26 | €9,159 | €7,189 | -€1,970 | -21.5% |
| Assets under construction and advance payments | 27 | - | €10,479 | +€10,479 | |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €12,141 | €30,329 | +€18,188 | +150% |
| Amounts receivable after more than one year | 29 | €4,500 | - | -€4,500 | |
| Trade receivables | 290 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €6,780 | €26,961 | +€20,181 | +298% |
| Trade receivables | 40 | €652 | €13,428 | +€12,776 | +1,958% |
| Other amounts receivable | 41 | €6,127 | €13,532 | +€7,405 | +121% |
| Cash at bank and in hand | 54/58 | €861 | €3,369 | +€2,507 | +291% |
| Total equity and liabilities | 10/49 | €22,996 | €51,327 | +€28,330 | +123% |
| Equity | 10/15 | €19,927 | €25,331 | +€5,404 | +27.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,867 | €17,271 | +€5,404 | +45.5% |
| Amounts payable | 17/49 | €3,069 | €25,996 | +€22,927 | +747% |
| Amounts payable within one year | 42/48 | €3,069 | €25,996 | +€22,927 | +747% |
| Trade debts | 44 | €313 | €11 | -€302 | -96.5% |
| Suppliers | 440/4 | €313 | €11 | -€302 | -96.5% |
| Taxes, remuneration and social security | 45 | €2,121 | €6,189 | +€4,067 | +192% |
| Taxes | 450/3 | €1,028 | €6,189 | +€5,161 | +502% |
| Remuneration and social security | 454/9 | €1,094 | - | -€1,094 | |
| Other amounts payable | 47/48 | €635 | €19,796 | +€19,162 | +3,020% |
| Remuneration, social security and pensions | 62 | €9,340 | €3,208 | -€6,132 | -65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €3,737 | +€2,637 | +240% |
| Other operating charges | 640/8 | €1,966 | €1,379 | -€587 | -29.9% |
| Gross operating margin | 9900 | €8,802 | €15,157 | +€6,356 | +72.2% |
| Operating profit (loss) | 9901 | -€3,604 | €6,834 | +€10,438 | |
| Financial income | 75/76B | €1 | €2 | +€2 | +289% |
| Recurring financial income | 75 | €1 | €2 | +€2 | +289% |
| Financial charges | 65/66B | €130 | €133 | +€3 | +2.6% |
| Recurring financial charges | 65 | €130 | €133 | +€3 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,733 | €6,704 | +€10,437 | |
| Income taxes | 67/77 | - | €1,300 | +€1,300 | |
| Profit (loss) for the period | 9904 | -€3,733 | €5,404 | +€9,137 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,733 | €5,404 | +€9,137 |
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 20 October 2026 via checked.be.