ECO-LOAD: 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-LOAD
Largest movements
- Receivables within one year -€12,061
down €12,061 (-55.5%), from €21,714 to €9,653
of which Other amounts receivable: -€7,244
- Cash -€3,224
down €3,224 (-61.7%), from €5,226 to €2,002
mainly Other debts (-€10,000) and Current portion of long-term debt (-€4,675)
- Tangible fixed assets -€2,941
down €2,941 (-22.2%), from €13,229 to €10,288
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Profit (loss) carried forward +€4,911
up €4,911 (+40.7%), from €12,060 to €16,971
- Current portion of long-term debt -€4,675
down €4,675 (-94.6%), from €4,943 to €268
- Tax, wage and social debts -€3,526
down €3,526 (-45.6%), from €7,730 to €4,204
- Short-term financial debts -€3,500
no longer reported in 2025 (was €3,500)
- Gross operating margin -€9,316
down €9,316 (-53.1%), from €17,534 to €8,218
- Depreciation -€8,256
down €8,256 (-91.8%), from €8,996 to €740
- Other operating charges -€381
down €381 (-72.6%), from €525 to €144
- Financial income +€238
up €238 (+25.8%), from €924 to €1,162
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 | €40,420 | €21,943 | -€18,477 | -45.7% |
| Fixed assets | 21/28 | €13,450 | €10,288 | -€3,162 | -23.5% |
| Intangible fixed assets | 21 | €221 | - | -€221 | |
| Tangible fixed assets | 22/27 | €13,229 | €10,288 | -€2,941 | -22.2% |
| Furniture and vehicles | 24 | €13,229 | €10,288 | -€2,941 | -22.2% |
| Current assets | 29/58 | €26,970 | €11,655 | -€15,315 | -56.8% |
| Amounts receivable within one year | 40/41 | €21,714 | €9,653 | -€12,061 | -55.5% |
| Trade receivables | 40 | €4,817 | - | -€4,817 | |
| Other amounts receivable | 41 | €16,897 | €9,653 | -€7,244 | -42.9% |
| Cash at bank and in hand | 54/58 | €5,226 | €2,002 | -€3,224 | -61.7% |
| Deferred charges and accrued income | 490/1 | €30 | - | -€30 | |
| Total equity and liabilities | 10/49 | €40,420 | €21,943 | -€18,477 | -45.7% |
| Equity | 10/15 | €12,560 | €17,471 | +€4,911 | +39.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,060 | €16,971 | +€4,911 | +40.7% |
| Amounts payable | 17/49 | €27,860 | €4,472 | -€23,388 | -83.9% |
| Amounts payable after more than one year | 17 | €899 | - | -€899 | |
| Financial debts | 170/4 | €899 | - | -€899 | |
| Amounts payable within one year | 42/48 | €26,961 | €4,472 | -€22,489 | -83.4% |
| Current portion of amounts payable after more than one year | 42 | €4,943 | €268 | -€4,675 | -94.6% |
| Financial debts | 43 | €3,500 | - | -€3,500 | |
| Other loans | 439 | €3,500 | - | -€3,500 | |
| Trade debts | 44 | €788 | - | -€788 | |
| Suppliers | 440/4 | €788 | - | -€788 | |
| Taxes, remuneration and social security | 45 | €7,730 | €4,204 | -€3,526 | -45.6% |
| Taxes | 450/3 | €7,730 | €4,204 | -€3,526 | -45.6% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,996 | €740 | -€8,256 | -91.8% |
| Other operating charges | 640/8 | €525 | €144 | -€381 | -72.6% |
| Gross operating margin | 9900 | €17,534 | €8,218 | -€9,316 | -53.1% |
| Operating profit (loss) | 9901 | €8,013 | €7,334 | -€679 | -8.5% |
| Financial income | 75/76B | €924 | €1,162 | +€238 | +25.8% |
| Recurring financial income | 75 | €924 | €1,162 | +€238 | +25.8% |
| Financial charges | 65/66B | €1,425 | €1,531 | +€106 | +7.4% |
| Recurring financial charges | 65 | €182 | €171 | -€11 | -6.0% |
| Non-recurring financial charges | 66B | €1,243 | €1,360 | +€117 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €7,512 | €6,965 | -€547 | -7.3% |
| Income taxes | 67/77 | €2,167 | €2,054 | -€113 | -5.2% |
| Profit (loss) for the period | 9904 | €5,345 | €4,911 | -€434 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,345 | €4,911 | -€434 | -8.1% |
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 14 October 2026 via checked.be.