Eco Veg: 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.
Eco Veg
Largest movements
- Cash +€604,740
up €604,740 (+27.7%), from €2.2m to €2.8m
mainly Net result for the year (+€847,965) and Trade debts (+€139,949)
- Receivables within one year +€437,487
up €437,487 (+22.1%), from €2.0m to €2.4m
of which Trade receivables: +€301,638
- Tangible fixed assets -€66,016
down €66,016 (-27.4%), from €240,954 to €174,938
of which Plant, machinery and equipment: -€37,992
- Reserves +€847,965
up €847,965 (+37.7%), from €2.3m to €3.1m
- Trade debts +€139,949
up €139,949 (+23.9%), from €586,456 to €726,405
- Gross operating margin +€402,215
up €402,215 (+50.8%), from €791,608 to €1.2m
- Other operating charges +€32,027
up €32,027 (+70.2%), from €45,630 to €77,657
- Depreciation -€16,488
down €16,488 (-18.3%), from €90,247 to €73,759
- Financial income -€12,749
down €12,749 (-72.6%), from €17,560 to €4,810
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.
Derived cash bridge
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 | €4,469,840 | €5,449,956 | +€980,116 | +21.9% |
| Fixed assets | 21/28 | €241,104 | €175,088 | -€66,016 | -27.4% |
| Tangible fixed assets | 22/27 | €240,954 | €174,938 | -€66,016 | -27.4% |
| Land and buildings | 22 | €44,718 | €29,150 | -€15,568 | -34.8% |
| Plant, machinery and equipment | 23 | €127,968 | €89,976 | -€37,992 | -29.7% |
| Furniture and vehicles | 24 | €68,267 | €55,812 | -€12,456 | -18.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €4,228,737 | €5,274,868 | +€1.0m | +24.7% |
| Stocks and contracts in progress | 3 | €59,375 | €59,375 | = | 0.0% |
| Stocks | 30/36 | €59,375 | €59,375 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,979,264 | €2,416,750 | +€437,487 | +22.1% |
| Trade receivables | 40 | €249,169 | €550,806 | +€301,638 | +121% |
| Other amounts receivable | 41 | €1,730,095 | €1,865,944 | +€135,849 | +7.9% |
| Cash at bank and in hand | 54/58 | €2,186,310 | €2,791,049 | +€604,740 | +27.7% |
| Deferred charges and accrued income | 490/1 | €3,788 | €7,693 | +€3,905 | +103% |
| Total equity and liabilities | 10/49 | €4,469,840 | €5,449,956 | +€980,116 | +21.9% |
| Equity | 10/15 | €2,270,585 | €3,118,550 | +€847,965 | +37.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,250,585 | €3,098,550 | +€847,965 | +37.7% |
| Distributable reserves | 133 | €2,250,585 | €3,098,550 | +€847,965 | +37.7% |
| Amounts payable | 17/49 | €2,199,256 | €2,331,406 | +€132,150 | +6.0% |
| Amounts payable within one year | 42/48 | €2,193,807 | €2,323,724 | +€129,918 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €5,500 | - | -€5,500 | |
| Trade debts | 44 | €586,456 | €726,405 | +€139,949 | +23.9% |
| Suppliers | 440/4 | €586,456 | €726,405 | +€139,949 | +23.9% |
| Taxes, remuneration and social security | 45 | €18,258 | €18,606 | +€349 | +1.9% |
| Taxes | 450/3 | - | €503 | +€503 | |
| Remuneration and social security | 454/9 | €18,258 | €18,104 | -€154 | -0.8% |
| Other amounts payable | 47/48 | €1,583,593 | €1,578,713 | -€4,881 | -0.3% |
| Accrued charges and deferred income | 492/3 | €5,449 | €7,682 | +€2,233 | +41.0% |
| Remuneration, social security and pensions | 62 | €199,917 | €198,139 | -€1,779 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,247 | €73,759 | -€16,488 | -18.3% |
| Other operating charges | 640/8 | €45,630 | €77,657 | +€32,027 | +70.2% |
| Gross operating margin | 9900 | €791,608 | €1,193,823 | +€402,215 | +50.8% |
| Operating profit (loss) | 9901 | €455,813 | €844,269 | +€388,455 | +85.2% |
| Financial income | 75/76B | €17,560 | €4,810 | -€12,749 | -72.6% |
| Recurring financial income | 75 | €17,560 | €4,810 | -€12,749 | -72.6% |
| Financial charges | 65/66B | €1,862 | €200 | -€1,661 | -89.2% |
| Recurring financial charges | 65 | €1,862 | €200 | -€1,661 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €471,511 | €848,879 | +€377,367 | +80.0% |
| Income taxes | 67/77 | - | €914 | +€914 | |
| Profit (loss) for the period | 9904 | €471,511 | €847,965 | +€376,454 | +79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €471,511 | €847,965 | +€376,454 | +79.8% |
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 30 October 2026 via checked.be.