Eco Systems: 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 Systems
Largest movements
- Cash -€43,711
down €43,711 (-25.1%), from €174,359 to €130,649
mainly Other debts (-€53,544) and Receivables within one year (-€28,361)
- Tangible fixed assets -€28,625
down €28,625 (-25.1%), from €113,887 to €85,262
- Receivables within one year +€28,361
up €28,361 (+46.1%), from €61,479 to €89,841
of which Trade receivables: +€26,885
- Stocks and contracts -€7,225
down €7,225 (-18.3%), from €39,397 to €32,173
of which Stocks: -€17,668
- Other debts -€53,544
down €53,544 (-40.4%), from €132,428 to €78,885
- Debts after one year -€5,540
down €5,540 (-23.3%), from €23,782 to €18,242
- Reserves +€4,000
up €4,000 (+2.3%), from €171,647 to €175,647
of which Distributable reserves: +€4,000
- Gross operating margin -€21,132
down €21,132 (-34.4%), from €61,362 to €40,230
- Taxes -€5,141
down €5,141 (-73.0%), from €7,041 to €1,900
- Financial charges -€1,190
down €1,190 (-31.3%), from €3,798 to €2,608
- Depreciation -€791
down €791 (-2.5%), from €31,132 to €30,341
- Financial income -€664
down €664 (-35.9%), from €1,848 to €1,184
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.
Cash bridge derived
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 | €394,358 | €342,731 | -€51,626 | -13.1% |
| Fixed assets | 21/28 | €118,458 | €89,372 | -€29,086 | -24.6% |
| Intangible fixed assets | 21 | €1,920 | €1,459 | -€461 | -24.0% |
| Tangible fixed assets | 22/27 | €113,887 | €85,262 | -€28,625 | -25.1% |
| Land and buildings | 22 | €49,962 | €37,813 | -€12,149 | -24.3% |
| Plant, machinery and equipment | 23 | €41,980 | €35,504 | -€6,476 | -15.4% |
| Furniture and vehicles | 24 | €21,945 | €11,945 | -€10,000 | -45.6% |
| Financial fixed assets | 28 | €2,651 | €2,651 | = | 0.0% |
| Current assets | 29/58 | €275,900 | €253,359 | -€22,541 | -8.2% |
| Stocks and contracts in progress | 3 | €39,397 | €32,173 | -€7,225 | -18.3% |
| Stocks | 30/36 | €23,586 | €5,919 | -€17,668 | -74.9% |
| Contracts in progress | 37 | €15,811 | €26,254 | +€10,443 | +66.0% |
| Amounts receivable within one year | 40/41 | €61,479 | €89,841 | +€28,361 | +46.1% |
| Trade receivables | 40 | €54,456 | €81,341 | +€26,885 | +49.4% |
| Other amounts receivable | 41 | €7,023 | €8,500 | +€1,477 | +21.0% |
| Cash at bank and in hand | 54/58 | €174,359 | €130,649 | -€43,711 | -25.1% |
| Deferred charges and accrued income | 490/1 | €664 | €697 | +€33 | +5.0% |
| Total equity and liabilities | 10/49 | €394,358 | €342,731 | -€51,626 | -13.1% |
| Equity | 10/15 | €227,431 | €231,526 | +€4,095 | +1.8% |
| Contributions | 10/11 | €55,784 | €55,784 | = | 0.0% |
| Reserves | 13 | €171,647 | €175,647 | +€4,000 | +2.3% |
| Tax-exempt reserves | 132 | €7,865 | €7,865 | = | 0.0% |
| Distributable reserves | 133 | €163,782 | €167,782 | +€4,000 | +2.4% |
| Profit (loss) carried forward | 14 | - | €95 | +€95 | |
| Amounts payable | 17/49 | €166,927 | €111,205 | -€55,722 | -33.4% |
| Amounts payable after more than one year | 17 | €23,782 | €18,242 | -€5,540 | -23.3% |
| Financial debts | 170/4 | €23,782 | €18,242 | -€5,540 | -23.3% |
| Amounts payable within one year | 42/48 | €143,144 | €92,963 | -€50,181 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €5,834 | €6,084 | +€250 | +4.3% |
| Trade debts | 44 | €3,021 | €2,814 | -€207 | -6.8% |
| Suppliers | 440/4 | €3,021 | €2,814 | -€207 | -6.8% |
| Taxes, remuneration and social security | 45 | €1,862 | €5,180 | +€3,318 | +178.3% |
| Taxes | 450/3 | €1,862 | €5,180 | +€3,318 | +178.3% |
| Other amounts payable | 47/48 | €132,428 | €78,885 | -€53,544 | -40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,132 | €30,341 | -€791 | -2.5% |
| Other operating charges | 640/8 | €2,541 | €2,470 | -€71 | -2.8% |
| Non-recurring operating charges | 66A | €82 | - | -€82 | |
| Gross operating margin | 9900 | €61,362 | €40,230 | -€21,132 | -34.4% |
| Operating profit (loss) | 9901 | €27,606 | €7,419 | -€20,188 | -73.1% |
| Financial income | 75/76B | €1,848 | €1,184 | -€664 | -35.9% |
| Recurring financial income | 75 | €1,848 | €1,184 | -€664 | -35.9% |
| Financial charges | 65/66B | €3,798 | €2,608 | -€1,190 | -31.3% |
| Recurring financial charges | 65 | €3,798 | €2,608 | -€1,190 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €25,657 | €5,995 | -€19,661 | -76.6% |
| Income taxes | 67/77 | €7,041 | €1,900 | -€5,141 | -73.0% |
| Profit (loss) for the period | 9904 | €18,615 | €4,095 | -€14,520 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,615 | €4,095 | -€14,520 | -78.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.