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ECO - TRONICS GROUP: what changed

Two financial 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.

What changed

ECO - TRONICS GROUP

BE 0475.051.065
NACE 47.552, Retail sale of lighting equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,191
2024 · €8,801-€7,610
Equity
€243,063
2024 · €241,873+€1,191
Cash
€31,420
2024 · €50,202-€18,782
Balance sheet total
€245,167
2024 · €247,461-€2,294

Largest movements

2024 to 2025
Assets
  • Current investments +€25,799

    up €25,799 (+32.9%), from €78,411 to €104,210

  • Cash -€18,782

    down €18,782 (-37.4%), from €50,202 to €31,420

    mainly Current investments (-€25,799) and Investment in fixed assets (net) (-€10,521)

  • Tangible fixed assets -€16,800

    down €16,800 (-16.2%), from €103,667 to €86,867

    of which Furniture and vehicles: -€17,647

  • Stocks and contracts +€4,550

    up €4,550 (+101.0%), from €4,505 to €9,055

  • Receivables within one year +€2,940

    up €2,940 (+27.5%), from €10,676 to €13,616

    of which Other amounts receivable: +€6,242

Equity and liabilities
  • Trade debts -€3,884

    down €3,884 (-86.9%), from €4,468 to €584

Income statement
  • Gross operating margin -€60,179

    down €60,179 (-67.6%), from €89,039 to €28,860

  • Other operating charges -€57,001

    down €57,001 (-98.5%), from €57,847 to €845

  • Depreciation +€8,872

    up €8,872 (+48.1%), from €18,449 to €27,320

  • Taxes -€3,600

    down €3,600 (-86.0%), from €4,187 to €587

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,801
Gross operating margin -€60,179
Depreciation -€8,872
Other operating charges +€57,001
Financial income +€789
Financial charges +€50
Taxes +€3,600
Result 2025 €1,191

Cash bridge derived

cash 2024 to 2025

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.

From operations +€17,398
Investment -€36,320
Financing +€140
Cash 2024 €50,202
Net result for the year +€1,191
Depreciation +€27,320
Stocks and contracts -€4,550
Receivables within one year -€2,940
Trade debts -€3,884
Other debts +€260
Investment in fixed assets (net) -€10,521
Current investments -€25,799
Debts after one year +€140
Cash 2025 €31,420
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €247,461 €245,167 -€2,294 -0.9%
Fixed assets 21/28 €103,667 €86,867 -€16,800 -16.2%
Tangible fixed assets 22/27 €103,667 €86,867 -€16,800 -16.2%
Land and buildings 22 €11,784 €7,856 -€3,928 -33.3%
Plant, machinery and equipment 23 €31,545 €36,320 +€4,775 +15.1%
Furniture and vehicles 24 €60,338 €42,691 -€17,647 -29.2%
Current assets 29/58 €143,794 €158,300 +€14,506 +10.1%
Stocks and contracts in progress 3 €4,505 €9,055 +€4,550 +101.0%
Stocks 30/36 €4,505 €9,055 +€4,550 +101.0%
Amounts receivable within one year 40/41 €10,676 €13,616 +€2,940 +27.5%
Trade receivables 40 €4,545 €1,243 -€3,302 -72.7%
Other amounts receivable 41 €6,132 €12,373 +€6,242 +101.8%
Current investments 50/53 €78,411 €104,210 +€25,799 +32.9%
Cash at bank and in hand 54/58 €50,202 €31,420 -€18,782 -37.4%
Total equity and liabilities 10/49 €247,461 €245,167 -€2,294 -0.9%
Equity 10/15 €241,873 €243,063 +€1,191 +0.5%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €235,673 €236,863 +€1,191 +0.5%
Distributable reserves 133 €235,673 €236,863 +€1,191 +0.5%
Amounts payable 17/49 €5,588 €2,104 -€3,484 -62.4%
Amounts payable after more than one year 17 - €140 +€140
Other amounts payable 178/9 - €140 +€140
Amounts payable within one year 42/48 €5,588 €1,964 -€3,624 -64.9%
Trade debts 44 €4,468 €584 -€3,884 -86.9%
Suppliers 440/4 €4,468 €584 -€3,884 -86.9%
Other amounts payable 47/48 €1,120 €1,380 +€260 +23.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,449 €27,320 +€8,872 +48.1%
Other operating charges 640/8 €57,847 €845 -€57,001 -98.5%
Gross operating margin 9900 €89,039 €28,860 -€60,179 -67.6%
Operating profit (loss) 9901 €12,744 €695 -€12,050 -94.5%
Financial income 75/76B €352 €1,141 +€789 +224.5%
Recurring financial income 75 €352 €1,141 +€789 +224.5%
Financial charges 65/66B €108 €58 -€50 -46.1%
Recurring financial charges 65 €108 €58 -€50 -46.1%
Profit (loss) for the period before taxes 9903 €12,988 €1,777 -€11,210 -86.3%
Income taxes 67/77 €4,187 €587 -€3,600 -86.0%
Profit (loss) for the period 9904 €8,801 €1,191 -€7,610 -86.5%
Profit (loss) for the period to be appropriated 9905 €8,801 €1,191 -€7,610 -86.5%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.