ECO-TECH CONCEPT: what changed
ECO-TECH CONCEPT
Largest movements
- Cash -€96,083
down €96,083 (-83.5%), from €115,074 to €18,991
mainly Receivables within one year (-€96,060) and Investment in fixed assets (net) (-€29,228)
- Receivables within one year +€96,060
up €96,060 (+210%), from €45,791 to €141,851
of which Trade receivables: +€88,097
- Tangible fixed assets -€26,647
down €26,647 (-23.6%), from €112,884 to €86,237
of which Leasing and similar rights: -€47,775
- Trade debts -€11,297
down €11,297 (-68.1%), from €16,601 to €5,304
- Tax, wage and social debts -€10,045
no longer reported in 2025 (was €10,045)
- Debts after one year -€8,194
down €8,194 (-33.1%), from €24,765 to €16,571
- Short-term financial debts +€5,996
new in 2025: €5,996
- Profit (loss) carried forward -€3,672
down €3,672 (-2.0%), from €180,605 to €176,933
- Purchases and services +€56,318
up €56,318 (+18.8%), from €299,396 to €355,714
- Gross operating margin -€22,772
down €22,772 (-28.9%), from €78,895 to €56,123
- Depreciation +€19,688
up €19,688 (+54.4%), from €36,187 to €55,875
- Taxes -€12,969
down €12,969, from €11,709 to -€1,260
- Other operating charges +€1,347
up €1,347 (+220%), from €612 to €1,959
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,140 | €249,994 | -€27,146 | -9.8% |
| Fixed assets | 21/28 | €112,884 | €86,237 | -€26,647 | -23.6% |
| Tangible fixed assets | 22/27 | €112,884 | €86,237 | -€26,647 | -23.6% |
| Furniture and vehicles | 24 | €6,570 | €27,698 | +€21,128 | +322% |
| Leasing and similar rights | 25 | €106,314 | €58,539 | -€47,775 | -44.9% |
| Current assets | 29/58 | €164,256 | €163,757 | -€499 | -0.3% |
| Amounts receivable within one year | 40/41 | €45,791 | €141,851 | +€96,060 | +210% |
| Trade receivables | 40 | €33,752 | €121,849 | +€88,097 | +261% |
| Other amounts receivable | 41 | €12,039 | €20,002 | +€7,963 | +66.1% |
| Cash at bank and in hand | 54/58 | €115,074 | €18,991 | -€96,083 | -83.5% |
| Deferred charges and accrued income | 490/1 | €3,391 | €2,915 | -€476 | -14.0% |
| Total equity and liabilities | 10/49 | €277,140 | €249,994 | -€27,146 | -9.8% |
| Equity | 10/15 | €205,665 | €201,993 | -€3,672 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,860 | €18,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,605 | €176,933 | -€3,672 | -2.0% |
| Amounts payable | 17/49 | €71,475 | €48,001 | -€23,474 | -32.8% |
| Amounts payable after more than one year | 17 | €24,765 | €16,571 | -€8,194 | -33.1% |
| Financial debts | 170/4 | €24,765 | €16,571 | -€8,194 | -33.1% |
| Amounts payable within one year | 42/48 | €46,710 | €31,430 | -€15,280 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €20,064 | €20,130 | +€66 | +0.3% |
| Financial debts | 43 | - | €5,996 | +€5,996 | |
| Credit institutions | 430/8 | - | €5,996 | +€5,996 | |
| Trade debts | 44 | €16,601 | €5,304 | -€11,297 | -68.1% |
| Suppliers | 440/4 | €16,601 | €5,304 | -€11,297 | -68.1% |
| Taxes, remuneration and social security | 45 | €10,045 | - | -€10,045 | |
| Taxes | 450/3 | €10,045 | - | -€10,045 | |
| Goods, raw materials, services and sundry goods | 60/61 | €299,396 | €355,714 | +€56,318 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,187 | €55,875 | +€19,688 | +54.4% |
| Other operating charges | 640/8 | €612 | €1,959 | +€1,347 | +220% |
| Gross operating margin | 9900 | €78,895 | €56,123 | -€22,772 | -28.9% |
| Operating profit (loss) | 9901 | €42,096 | -€1,711 | -€43,807 | |
| Financial charges | 65/66B | €2,792 | €3,221 | +€429 | +15.4% |
| Recurring financial charges | 65 | €2,792 | €3,221 | +€429 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €39,304 | -€4,932 | -€44,236 | |
| Income taxes | 67/77 | €11,709 | -€1,260 | -€12,969 | |
| Profit (loss) for the period | 9904 | €27,595 | -€3,672 | -€31,267 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,595 | -€3,672 | -€31,267 |
Next steps
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 4 November 2026 via checked.be.