ECO EXCELLENCE: 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 EXCELLENCE
Largest movements
- Receivables within one year -€8,043
no longer reported in 2025 (was €8,043)
- Cash -€1,812
down €1,812 (-87.8%), from €2,063 to €251
mainly Other debts (-€44,770) and Net result for the year (-€16,217)
- Tangible fixed assets -€363
down €363 (-18.9%), from €1,915 to €1,552
of which Plant, machinery and equipment: -€238
- Debts after one year +€45,388
up €45,388 (+8,134%), from €558 to €45,946
- Other debts -€44,770
no longer reported in 2025 (was €44,770)
- Profit (loss) carried forward -€16,217
down €16,217 (-32.6%), from -€49,822 to -€66,039
- Trade debts +€5,717
up €5,717 (+40.0%), from €14,302 to €20,019
- Current portion of long-term debt -€1,674
down €1,674 (-75.0%), from €2,232 to €558
- Gross operating margin -€16,475
down €16,475, from €14,069 to -€2,406
- Other operating charges +€314
up €314 (+41.4%), from €758 to €1,072
- Financial charges -€168
down €168 (-61.6%), from €273 to €105
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 | €20,325 | €10,120 | -€10,205 | -50.2% |
| Fixed assets | 21/28 | €10,219 | €9,869 | -€351 | -3.4% |
| Tangible fixed assets | 22/27 | €1,915 | €1,552 | -€363 | -18.9% |
| Plant, machinery and equipment | 23 | €721 | €483 | -€238 | -33.0% |
| Other tangible fixed assets | 26 | €1,194 | €1,069 | -€125 | -10.5% |
| Financial fixed assets | 28 | €8,304 | €8,316 | +€12 | +0.1% |
| Current assets | 29/58 | €10,106 | €251 | -€9,855 | -97.5% |
| Amounts receivable within one year | 40/41 | €8,043 | - | -€8,043 | |
| Trade receivables | 40 | €8,043 | - | -€8,043 | |
| Cash at bank and in hand | 54/58 | €2,063 | €251 | -€1,812 | -87.8% |
| Total equity and liabilities | 10/49 | €20,325 | €10,120 | -€10,205 | -50.2% |
| Equity | 10/15 | -€43,622 | -€59,839 | -€16,217 | -37.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,822 | -€66,039 | -€16,217 | -32.6% |
| Amounts payable | 17/49 | €63,947 | €69,959 | +€6,012 | +9.4% |
| Amounts payable after more than one year | 17 | €558 | €45,946 | +€45,388 | +8,134% |
| Financial debts | 170/4 | €558 | €45,946 | +€45,388 | +8,134% |
| Amounts payable within one year | 42/48 | €63,389 | €24,013 | -€39,376 | -62.1% |
| Current portion of amounts payable after more than one year | 42 | €2,232 | €558 | -€1,674 | -75.0% |
| Trade debts | 44 | €14,302 | €20,019 | +€5,717 | +40.0% |
| Suppliers | 440/4 | €14,302 | €20,019 | +€5,717 | +40.0% |
| Taxes, remuneration and social security | 45 | €2,086 | €3,436 | +€1,350 | +64.7% |
| Taxes | 450/3 | €2,086 | €2,836 | +€750 | +36.0% |
| Remuneration and social security | 454/9 | - | €600 | +€600 | |
| Other amounts payable | 47/48 | €44,770 | - | -€44,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €293 | €363 | +€69 | +23.6% |
| Other operating charges | 640/8 | €758 | €1,072 | +€314 | +41.4% |
| Non-recurring operating charges | 66A | - | €12,397 | +€12,397 | |
| Gross operating margin | 9900 | €14,069 | -€2,406 | -€16,475 | |
| Operating profit (loss) | 9901 | €13,018 | -€16,237 | -€29,255 | |
| Financial income | 75/76B | €32 | €131 | +€99 | +313% |
| Recurring financial income | 75 | €32 | €131 | +€99 | +313% |
| Financial charges | 65/66B | €273 | €105 | -€168 | -61.6% |
| Recurring financial charges | 65 | €273 | €105 | -€168 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | €12,777 | -€16,211 | -€28,988 | |
| Income taxes | 67/77 | - | €6 | +€6 | |
| Profit (loss) for the period | 9904 | €12,777 | -€16,217 | -€28,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,777 | -€16,217 | -€28,994 |
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 18 October 2026 via checked.be.