ECO - SYSTEMS: what changed
What changed
ECO - SYSTEMS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€21,385
2024 · €5,783+€15,602
Equity
€412,588
2024 · €420,393-€7,805
Cash
€96,816
2024 · €70,354+€26,462
Balance sheet total
€482,015
2024 · €496,259-€14,244
Largest movements
Assets
- Tangible fixed assets -€31,931
down €31,931 (-7.9%), from €402,723 to €370,791
of which Furniture and vehicles: -€19,836
- Cash +€26,462
up €26,462 (+37.6%), from €70,354 to €96,816
mainly Depreciation (+€33,262) and Net result for the year (+€21,385)
- Receivables within one year -€7,361
down €7,361 (-50.6%), from €14,550 to €7,189
of which Trade receivables: -€3,958
Equity and liabilities
- Trade debts -€9,244
down €9,244 (-73.2%), from €12,629 to €3,385
- Reserves -€7,805
down €7,805 (-3.2%), from €242,497 to €234,692
of which Tax-exempt reserves: -€6,560
- Tax, wage and social debts +€7,332
up €7,332 (+425%), from €1,727 to €9,059
- Other debts +€5,139
up €5,139 (+20.2%), from €25,392 to €30,531
Income statement
- Gross operating margin +€24,355
up €24,355 (+53.7%), from €45,389 to €69,744
- Taxes +€7,933
up €7,933 (+139%), from €5,713 to €13,647
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€5,783
Gross operating margin
+€24,355
Depreciation
-€602
Other operating charges
-€244
Financial income
-€204
Financial charges
+€230
Taxes
-€7,933
Result 2025
€21,385
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€63,359
Investment
-€1,331
Financing
-€35,567
Cash 2024
€70,354
From operations (derived)
+€63,359
Net result for the year
+€21,385
Depreciation
+€33,262
Receivables within one year
+€7,361
Deferred charges and accrued income
+€1,413
Provisions
-€3,379
Trade debts
-€9,244
Tax, wage and social debts
+€7,332
Other debts
+€5,139
Accrued charges and deferred income
+€90
Investment (derived)
-€1,331
Investment in fixed assets (net)
-€1,331
Financing
-€35,567
Debts after one year
-€1,594
Current portion of long-term debt
-€4,782
Contributions, distributions and other
-€29,190
Cash 2025
€96,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,259 | €482,015 | -€14,244 | -2.9% |
| Fixed assets | 21/28 | €402,933 | €371,002 | -€31,931 | -7.9% |
| Tangible fixed assets | 22/27 | €402,723 | €370,791 | -€31,931 | -7.9% |
| Land and buildings | 22 | €335,644 | €323,797 | -€11,847 | -3.5% |
| Plant, machinery and equipment | 23 | €4,015 | €3,847 | -€167 | -4.2% |
| Furniture and vehicles | 24 | €61,417 | €41,581 | -€19,836 | -32.3% |
| Other tangible fixed assets | 26 | €1,647 | €1,566 | -€81 | -4.9% |
| Financial fixed assets | 28 | €211 | €211 | = | 0.0% |
| Current assets | 29/58 | €93,326 | €111,013 | +€17,688 | +19.0% |
| Amounts receivable within one year | 40/41 | €14,550 | €7,189 | -€7,361 | -50.6% |
| Trade receivables | 40 | €8,702 | €4,744 | -€3,958 | -45.5% |
| Other amounts receivable | 41 | €5,848 | €2,445 | -€3,403 | -58.2% |
| Cash at bank and in hand | 54/58 | €70,354 | €96,816 | +€26,462 | +37.6% |
| Deferred charges and accrued income | 490/1 | €8,421 | €7,008 | -€1,413 | -16.8% |
| Total equity and liabilities | 10/49 | €496,259 | €482,015 | -€14,244 | -2.9% |
| Equity | 10/15 | €420,393 | €412,588 | -€7,805 | -1.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €242,497 | €234,692 | -€7,805 | -3.2% |
| Tax-exempt reserves | 132 | €50,632 | €44,072 | -€6,560 | -13.0% |
| Distributable reserves | 133 | €191,865 | €190,620 | -€1,246 | -0.6% |
| Profit (loss) carried forward | 14 | €157,445 | €157,445 | = | 0.0% |
| Provisions and deferred taxes | 16 | €26,083 | €22,704 | -€3,379 | -13.0% |
| Deferred taxes | 168 | €26,083 | €22,704 | -€3,379 | -13.0% |
| Amounts payable | 17/49 | €49,783 | €46,724 | -€3,059 | -6.1% |
| Amounts payable after more than one year | 17 | €1,594 | €0 | -€1,594 | -100% |
| Financial debts | 170/4 | €1,594 | €0 | -€1,594 | -100% |
| Amounts payable within one year | 42/48 | €46,124 | €44,569 | -€1,555 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €6,376 | €1,594 | -€4,782 | -75.0% |
| Trade debts | 44 | €12,629 | €3,385 | -€9,244 | -73.2% |
| Suppliers | 440/4 | €12,629 | €3,385 | -€9,244 | -73.2% |
| Taxes, remuneration and social security | 45 | €1,727 | €9,059 | +€7,332 | +425% |
| Taxes | 450/3 | €1,727 | €9,059 | +€7,332 | +425% |
| Other amounts payable | 47/48 | €25,392 | €30,531 | +€5,139 | +20.2% |
| Accrued charges and deferred income | 492/3 | €2,065 | €2,155 | +€90 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,660 | €33,262 | +€602 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,995 | €4,238 | +€244 | +6.1% |
| Gross operating margin | 9900 | €45,389 | €69,744 | +€24,355 | +53.7% |
| Operating profit (loss) | 9901 | €8,735 | €32,244 | +€23,509 | +269% |
| Financial income | 75/76B | €356 | €152 | -€204 | -57.4% |
| Recurring financial income | 75 | €356 | €152 | -€204 | -57.4% |
| Financial charges | 65/66B | €973 | €743 | -€230 | -23.6% |
| Recurring financial charges | 65 | €973 | €743 | -€230 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €8,117 | €31,652 | +€23,535 | +290% |
| Transfer from deferred taxes | 780 | €3,379 | €3,379 | = | 0.0% |
| Income taxes | 67/77 | €5,713 | €13,647 | +€7,933 | +139% |
| Profit (loss) for the period | 9904 | €5,783 | €21,385 | +€15,602 | +270% |
| Transfer from tax-exempt reserves | 789 | €6,560 | €6,560 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,343 | €27,945 | +€15,602 | +126% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.