ECO - PACK: what changed
Two fiscal 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 - PACK
Largest movements
- Receivables within one year -€4,183
down €4,183 (-45.0%), from €9,295 to €5,111
of which Trade receivables: -€3,630
- Cash -€3,506
down €3,506 (-7.6%), from €45,946 to €42,440
mainly Other debts (-€25,000) and Smaller working-capital items (-€7)
- Other debts -€25,000
no longer reported in 2024 (was €25,000)
- Profit (loss) carried forward +€17,317
new in 2024: €17,317
- Gross operating margin +€624
up €624 (+2.1%), from €29,961 to €30,585
- Financial income +€440
up €440 (+190.7%), from €231 to €670
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.
Cash bridge derived
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 | €161,553 | €153,847 | -€7,706 | -4.8% |
| Fixed assets | 21/28 | €106,191 | €106,191 | = | 0.0% |
| Tangible fixed assets | 22/27 | €103,919 | €103,919 | = | 0.0% |
| Land and buildings | 22 | €103,919 | €103,919 | = | 0.0% |
| Financial fixed assets | 28 | €2,272 | €2,272 | = | 0.0% |
| Current assets | 29/58 | €55,362 | €47,656 | -€7,706 | -13.9% |
| Amounts receivable within one year | 40/41 | €9,295 | €5,111 | -€4,183 | -45.0% |
| Trade receivables | 40 | €7,260 | €3,630 | -€3,630 | -50.0% |
| Other amounts receivable | 41 | €2,035 | €1,481 | -€553 | -27.2% |
| Cash at bank and in hand | 54/58 | €45,946 | €42,440 | -€3,506 | -7.6% |
| Deferred charges and accrued income | 490/1 | €121 | €105 | -€17 | -13.6% |
| Total equity and liabilities | 10/49 | €161,553 | €153,847 | -€7,706 | -4.8% |
| Equity | 10/15 | €134,520 | €151,838 | +€17,317 | +12.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €114,060 | €114,060 | = | 0.0% |
| Distributable reserves | 133 | €114,060 | €114,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €17,317 | +€17,317 | |
| Amounts payable | 17/49 | €27,032 | €2,009 | -€25,023 | -92.6% |
| Amounts payable within one year | 42/48 | €27,032 | €2,009 | -€25,023 | -92.6% |
| Trade debts | 44 | €330 | €308 | -€21 | -6.5% |
| Suppliers | 440/4 | €330 | €308 | -€21 | -6.5% |
| Taxes, remuneration and social security | 45 | €1,702 | €1,701 | -€2 | -0.1% |
| Taxes | 450/3 | €1,702 | €1,701 | -€2 | -0.1% |
| Other amounts payable | 47/48 | €25,000 | - | -€25,000 | |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Other operating charges | 640/8 | €8,110 | €8,156 | +€46 | +0.6% |
| Gross operating margin | 9900 | €29,961 | €30,585 | +€624 | +2.1% |
| Operating profit (loss) | 9901 | €21,851 | €22,430 | +€579 | +2.6% |
| Financial income | 75/76B | €231 | €670 | +€440 | +190.7% |
| Recurring financial income | 75 | €231 | €670 | +€440 | +190.7% |
| Financial charges | 65/66B | €15 | €11 | -€4 | -29.6% |
| Recurring financial charges | 65 | €15 | €11 | -€4 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €22,067 | €23,089 | +€1,023 | +4.6% |
| Income taxes | 67/77 | €5,517 | €5,772 | +€256 | +4.6% |
| Profit (loss) for the period | 9904 | €16,550 | €17,317 | +€767 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,550 | €17,317 | +€767 | +4.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.