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ECO.LO.GI: 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.

What changed

ECO.LO.GI

BE 0566.914.124
NACE 46.842, Wholesale trade
financial year 2019 compared with 2018filed annual accounts (NBB)
Net result for the year
€1,984
2018 · €366+€1,618
Equity
€8,322
2018 · €6,337+€1,984
Cash
€10,571
2018 · €10,874-€303
Balance sheet total
€109,252
2018 · €112,032-€2,780

Largest movements

2018 to 2019
Assets
  • Stocks and contracts -€3,700

    down €3,700 (-10.7%), from €34,568 to €30,868

  • Receivables within one year +€1,748

    up €1,748 (+2.8%), from €63,509 to €65,257

Equity and liabilities
  • Debts -€4,764

    down €4,764 (-4.5%), from €105,695 to €100,931

  • Profit (loss) carried forward +€1,984

    up €1,984 (+3,586%), from €55 to €2,040

Income statement
  • Turnover -€124,767

    no longer reported in 2019 (was €124,767)

  • Gross operating margin +€2,752

    up €2,752 (+148%), from €1,861 to €4,613

From the 2018 result to the 2019 result

effect on the 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.

Result 2018 €366
Gross operating margin +€2,752
Other operating items -€602
Financial income +€26
Financial charges +€41
Taxes -€598
Result 2019 €1,984
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2018 to 2019

Derived from the 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€303
Investment €0
Financing €0
Cash 2018 €10,874
Net result for the year +€1,984
Depreciation +€524
Stocks and contracts +€3,700
Receivables within one year -€1,748
Debts -€4,764
Cash 2019 €10,571
brings cash intakes cash out
Every line side by side 25 lines
Line Code 2018 2019 Change %
Total assets 20/58 €112,032 €109,252 -€2,780 -2.5%
Fixed assets 21/28 €3,082 €2,557 -€524 -17.0%
Tangible fixed assets 22/27 €3,082 €2,557 -€524 -17.0%
Current assets 29/58 €108,951 €106,695 -€2,256 -2.1%
Stocks and contracts in progress 3 €34,568 €30,868 -€3,700 -10.7%
Amounts receivable within one year 40/41 €63,509 €65,257 +€1,748 +2.8%
Cash at bank and in hand 54/58 €10,874 €10,571 -€303 -2.8%
Total equity and liabilities 10/49 €112,032 €109,252 -€2,780 -2.5%
Equity 10/15 €6,337 €8,322 +€1,984 +31.3%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €82 €82 = 0.0%
Profit (loss) carried forward 14 €55 €2,040 +€1,984 +3,586%
Amounts payable 17/49 €105,695 €100,931 -€4,764 -4.5%
Amounts payable within one year 42/48 €105,695 €100,808 -€4,887 -4.6%
Trade debts 44 €39,873 €17,208 -€22,665 -56.8%
Turnover 70 €124,767 - -€124,767
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €524 €524 = 0.0%
Gross operating margin 9900 €1,861 €4,613 +€2,752 +148%
Operating profit (loss) 9901 €638 €2,787 +€2,150 +337%
Recurring financial income 75 - €26 +€26
Recurring financial charges 65 €174 €133 -€41 -23.5%
Profit (loss) for the period before taxes 9903 €463 €2,680 +€2,217 +478%
Income taxes 67/77 €97 €696 +€598 +614%
Profit (loss) for the period 9904 €366 €1,984 +€1,618 +442%
Profit (loss) for the period to be appropriated 9905 €366 €1,984 +€1,618 +442%

Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.