ECO-PROTEC: 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-PROTEC
Largest movements
- Cash -€32,296
down €32,296 (-87.8%), from €36,779 to €4,483
mainly Investment in fixed assets (net) (-€30,939) and Trade debts (-€30,380)
- Tangible fixed assets +€22,350
up €22,350 (+99.5%), from €22,463 to €44,813
of which Furniture and vehicles: +€27,437
- Receivables within one year -€11,321
down €11,321 (-9.4%), from €120,968 to €109,647
of which Trade receivables: -€17,636
- Stocks and contracts +€4,857
up €4,857 (+139.6%), from €3,481 to €8,338
- Deferred charges and accrued income -€3,041
down €3,041 (-45.5%), from €6,687 to €3,647
- Trade debts -€30,380
down €30,380 (-30.2%), from €100,455 to €70,075
- Tax, wage and social debts +€11,248
up €11,248 (+103.7%), from €10,849 to €22,097
- Debts after one year +€5,533
up €5,533 (+91.0%), from €6,077 to €11,610
- Profit (loss) carried forward -€4,794
down €4,794 (-24.0%), from €19,975 to €15,182
- Current portion of long-term debt -€1,937
down €1,937 (-25.0%), from €7,742 to €5,805
- Purchases and services +€25,295
up €25,295 (+12.3%), from €204,910 to €230,205
- Gross operating margin -€17,583
down €17,583 (-42.8%), from €41,109 to €23,526
- Other operating charges -€11,264
down €11,264 (-48.3%), from €23,305 to €12,041
- Turnover -€7,184
down €7,184 (-2.9%), from €245,763 to €238,579
- Depreciation -€3,386
down €3,386 (-27.8%), from €12,175 to €8,789
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 | €191,363 | €171,712 | -€19,651 | -10.3% |
| Fixed assets | 21/28 | €23,447 | €45,597 | +€22,150 | +94.5% |
| Tangible fixed assets | 22/27 | €22,463 | €44,813 | +€22,350 | +99.5% |
| Furniture and vehicles | 24 | €3,087 | €30,524 | +€27,437 | +888.7% |
| Leasing and similar rights | 25 | €11,050 | - | -€11,050 | |
| Other tangible fixed assets | 26 | €8,325 | €14,289 | +€5,964 | +71.6% |
| Financial fixed assets | 28 | €985 | €785 | -€200 | -20.3% |
| Current assets | 29/58 | €167,915 | €126,114 | -€41,801 | -24.9% |
| Stocks and contracts in progress | 3 | €3,481 | €8,338 | +€4,857 | +139.6% |
| Stocks | 30/36 | €3,481 | €8,338 | +€4,857 | +139.6% |
| Amounts receivable within one year | 40/41 | €120,968 | €109,647 | -€11,321 | -9.4% |
| Trade receivables | 40 | €97,336 | €79,700 | -€17,636 | -18.1% |
| Other amounts receivable | 41 | €23,632 | €29,947 | +€6,315 | +26.7% |
| Cash at bank and in hand | 54/58 | €36,779 | €4,483 | -€32,296 | -87.8% |
| Deferred charges and accrued income | 490/1 | €6,687 | €3,647 | -€3,041 | -45.5% |
| Total equity and liabilities | 10/49 | €191,363 | €171,712 | -€19,651 | -10.3% |
| Equity | 10/15 | €66,240 | €61,446 | -€4,794 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,665 | €27,665 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,805 | €1,805 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,975 | €15,182 | -€4,794 | -24.0% |
| Amounts payable | 17/49 | €125,123 | €110,266 | -€14,857 | -11.9% |
| Amounts payable after more than one year | 17 | €6,077 | €11,610 | +€5,533 | +91.0% |
| Financial debts | 170/4 | €6,077 | €11,610 | +€5,533 | +91.0% |
| Amounts payable within one year | 42/48 | €119,046 | €97,977 | -€21,069 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €7,742 | €5,805 | -€1,937 | -25.0% |
| Trade debts | 44 | €100,455 | €70,075 | -€30,380 | -30.2% |
| Suppliers | 440/4 | €100,455 | €70,075 | -€30,380 | -30.2% |
| Taxes, remuneration and social security | 45 | €10,849 | €22,097 | +€11,248 | +103.7% |
| Taxes | 450/3 | €10,849 | €22,097 | +€11,248 | +103.7% |
| Accrued charges and deferred income | 492/3 | - | €679 | +€679 | |
| Turnover | 70 | €245,763 | €238,579 | -€7,184 | -2.9% |
| Non-recurring operating income | 76A | - | €14,892 | +€14,892 | |
| Goods, raw materials, services and sundry goods | 60/61 | €204,910 | €230,205 | +€25,295 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,175 | €8,789 | -€3,386 | -27.8% |
| Other operating charges | 640/8 | €23,305 | €12,041 | -€11,264 | -48.3% |
| Non-recurring operating charges | 66A | - | €3,520 | +€3,520 | |
| Gross operating margin | 9900 | €41,109 | €23,526 | -€17,583 | -42.8% |
| Operating profit (loss) | 9901 | €5,629 | -€824 | -€6,453 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -29.9% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -29.9% |
| Financial charges | 65/66B | €2,949 | €3,727 | +€777 | +26.4% |
| Recurring financial charges | 65 | €2,949 | €3,727 | +€777 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €2,681 | -€4,550 | -€7,231 | |
| Income taxes | 67/77 | €1,937 | €244 | -€1,693 | -87.4% |
| Profit (loss) for the period | 9904 | €744 | -€4,794 | -€5,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €744 | -€4,794 | -€5,538 |
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 7 October 2026 via checked.be.