ECO MULTI-SERVICES: 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 MULTI-SERVICES
Largest movements
- Stocks and contracts +€33,555
up €33,555 (+43.1%), from €77,868 to €111,424
- Cash -€9,560
down €9,560 (-48.6%), from €19,671 to €10,111
mainly Stocks and contracts (-€33,555) and Current portion of long-term debt (-€14,597)
- Tangible fixed assets -€7,710
down €7,710 (-35.7%), from €21,606 to €13,896
of which Furniture and vehicles: -€6,611
- Receivables within one year -€3,970
down €3,970 (-7.3%), from €54,376 to €50,406
of which Trade receivables: -€13,456
- Trade debts +€23,974
up €23,974 (+32.9%), from €72,885 to €96,859
of which Suppliers: +€26,574
- Profit (loss) carried forward +€16,119
up €16,119 (+84.7%), from €19,027 to €35,146
- Current portion of long-term debt -€14,597
down €14,597 (-91.7%), from €15,915 to €1,318
- Other debts -€12,477
down €12,477 (-26.7%), from €46,673 to €34,197
- Gross operating margin +€44,490
up €44,490, from -€16,746 to €27,745
- Depreciation -€13,276
down €13,276 (-55.8%), from €23,806 to €10,530
- Other operating charges -€644
down €644 (-60.8%), from €1,059 to €415
- Financial charges -€280
down €280 (-33.2%), from €842 to €563
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 | €175,524 | €186,120 | +€10,596 | +6.0% |
| Fixed assets | 21/28 | €21,606 | €13,896 | -€7,710 | -35.7% |
| Tangible fixed assets | 22/27 | €21,606 | €13,896 | -€7,710 | -35.7% |
| Plant, machinery and equipment | 23 | €1,854 | €755 | -€1,100 | -59.3% |
| Furniture and vehicles | 24 | €19,751 | €13,141 | -€6,611 | -33.5% |
| Current assets | 29/58 | €153,918 | €172,225 | +€18,306 | +11.9% |
| Stocks and contracts in progress | 3 | €77,868 | €111,424 | +€33,555 | +43.1% |
| Stocks | 30/36 | €77,868 | €111,424 | +€33,555 | +43.1% |
| Amounts receivable within one year | 40/41 | €54,376 | €50,406 | -€3,970 | -7.3% |
| Trade receivables | 40 | €25,405 | €11,948 | -€13,456 | -53.0% |
| Other amounts receivable | 41 | €28,971 | €38,458 | +€9,487 | +32.7% |
| Cash at bank and in hand | 54/58 | €19,671 | €10,111 | -€9,560 | -48.6% |
| Deferred charges and accrued income | 490/1 | €2,003 | €283 | -€1,719 | -85.9% |
| Total equity and liabilities | 10/49 | €175,524 | €186,120 | +€10,596 | +6.0% |
| Equity | 10/15 | €37,627 | €53,746 | +€16,119 | +42.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,027 | €35,146 | +€16,119 | +84.7% |
| Amounts payable | 17/49 | €137,898 | €132,374 | -€5,523 | -4.0% |
| Amounts payable after more than one year | 17 | €1,318 | - | -€1,318 | |
| Financial debts | 170/4 | €1,318 | - | -€1,318 | |
| Amounts payable within one year | 42/48 | €136,579 | €132,374 | -€4,205 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €15,915 | €1,318 | -€14,597 | -91.7% |
| Trade debts | 44 | €72,885 | €96,859 | +€23,974 | +32.9% |
| Suppliers | 440/4 | €70,285 | €96,859 | +€26,574 | +37.8% |
| Bills of exchange payable | 441 | €2,600 | - | -€2,600 | |
| Taxes, remuneration and social security | 45 | €1,105 | - | -€1,105 | |
| Taxes | 450/3 | €1,105 | - | -€1,105 | |
| Other amounts payable | 47/48 | €46,673 | €34,197 | -€12,477 | -26.7% |
| Non-recurring operating income | 76A | €11,388 | €6,950 | -€4,438 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,806 | €10,530 | -€13,276 | -55.8% |
| Other operating charges | 640/8 | €1,059 | €415 | -€644 | -60.8% |
| Gross operating margin | 9900 | -€16,746 | €27,745 | +€44,490 | |
| Operating profit (loss) | 9901 | -€41,610 | €16,800 | +€58,410 | |
| Financial income | 75/76B | €100 | €57 | -€43 | -43.3% |
| Recurring financial income | 75 | €100 | €57 | -€43 | -43.3% |
| Financial charges | 65/66B | €842 | €563 | -€280 | -33.2% |
| Recurring financial charges | 65 | €842 | €563 | -€280 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,352 | €16,294 | +€58,646 | |
| Income taxes | 67/77 | - | €174 | +€174 | |
| Profit (loss) for the period | 9904 | -€42,352 | €16,119 | +€58,472 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,352 | €16,119 | +€58,472 |
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 21 October 2026 via checked.be.