Eco - Vision: what changed
What changed
Eco - Vision
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
-€181,069
2024 · -€81,285-€99,785
Equity
€2.3m
2024 · €1.5m+€769,791
Cash
€133
2024 · -+€133
Balance sheet total
€4.3m
2024 · €4.3m+€19,472
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-32.6%), from €3.3m to €2.2m
of which Other amounts receivable: -€1.4m
- Stocks and contracts +€956,145
up €956,145 (+1,701%), from €56,207 to €1.0m
of which Contracts in progress: +€710,393
- Tangible fixed assets +€153,221
up €153,221 (+17.2%), from €891,273 to €1.0m
of which Other tangible fixed assets: +€100,120
Equity and liabilities
- Other debts -€2.0m
down €2.0m (-100%), from €2.0m to €0
- Contributions +€785,000
up €785,000 (+3,925%), from €20,000 to €805,000
- Advances received +€744,380
new in 2025: €744,380
- Tax, wage and social debts +€484,450
up €484,450 (+800%), from €60,536 to €544,987
of which Remuneration and social security: +€380,003
- Profit (loss) carried forward -€392,389
down €392,389, from €0 to -€392,389
Income statement
- Gross operating margin +€1.9m
up €1.9m (+1,368%), from €135,711 to €2.0m
- Staff costs +€1.5m
up €1.5m (+525%), from €284,476 to €1.8m
- Depreciation +€253,596
up €253,596 (+832%), from €30,480 to €284,076
- Write-downs +€121,139
up €121,139 (+1,776%), from €6,821 to €127,960
- Financial income -€51,501
down €51,501 (-46.2%), from €111,382 to €59,881
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
-€81,285
Gross operating margin
+€1.9m
Staff costs
-€1.5m
Depreciation
-€253,596
Write-downs
-€121,139
Other operating charges
-€13,542
Other operating items
+€1,831
Financial income
-€51,501
Financial charges
-€19,475
Taxes
-€4,708
Result 2025
-€181,069
raises the resultlowers the resultnot broken down further in the accounts
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
-€586,033
Investment
-€437,297
Financing
+€1.0m
Cash 2024
€0
From operations (derived)
-€586,033
Net result for the year
-€181,069
Depreciation
+€284,076
Stocks and contracts
-€956,145
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€9,134
Provisions
-€636
Trade debts
-€68,168
Tax, wage and social debts
+€484,450
Advances received
+€744,380
Other debts
-€2.0m
Accrued charges and deferred income
+€17,052
Investment (derived)
-€437,297
Investment in fixed assets (net)
-€437,297
Financing
+€1.0m
Debts after one year
+€51,704
Current portion of long-term debt
+€46,279
Short-term financial debts
-€25,381
Contributions, distributions and other
+€950,861
Cash 2025
€133
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,269,359 | €4,288,831 | +€19,472 | +0.5% |
| Fixed assets | 21/28 | €891,273 | €1,044,494 | +€153,221 | +17.2% |
| Tangible fixed assets | 22/27 | €891,273 | €1,044,494 | +€153,221 | +17.2% |
| Land and buildings | 22 | €213,236 | €199,841 | -€13,396 | -6.3% |
| Plant, machinery and equipment | 23 | €20,853 | €78,065 | +€57,212 | +274% |
| Furniture and vehicles | 24 | €30,452 | €39,737 | +€9,285 | +30.5% |
| Other tangible fixed assets | 26 | €626,732 | €726,852 | +€100,120 | +16.0% |
| Current assets | 29/58 | €3,378,087 | €3,244,337 | -€133,749 | -4.0% |
| Stocks and contracts in progress | 3 | €56,207 | €1,012,352 | +€956,145 | +1,701% |
| Stocks | 30/36 | €35,340 | €281,092 | +€245,752 | +695% |
| Contracts in progress | 37 | €20,867 | €731,260 | +€710,393 | +3,404% |
| Amounts receivable within one year | 40/41 | €3,312,746 | €2,231,853 | -€1.1m | -32.6% |
| Trade receivables | 40 | €933,080 | €1,259,427 | +€326,347 | +35.0% |
| Other amounts receivable | 41 | €2,379,666 | €972,426 | -€1.4m | -59.1% |
| Cash at bank and in hand | 54/58 | - | €133 | +€133 | |
| Deferred charges and accrued income | 490/1 | €9,134 | €0 | -€9,134 | -100% |
| Total equity and liabilities | 10/49 | €4,269,359 | €4,288,831 | +€19,472 | +0.5% |
| Equity | 10/15 | €1,510,477 | €2,280,268 | +€769,791 | +51.0% |
| Contributions | 10/11 | €20,000 | €805,000 | +€785,000 | +3,925% |
| Reserves | 13 | €1,342,137 | €1,690,716 | +€348,579 | +26.0% |
| Tax-exempt reserves | 132 | €17,984 | €16,077 | -€1,907 | -10.6% |
| Distributable reserves | 133 | €1,324,152 | €1,674,638 | +€350,486 | +26.5% |
| Profit (loss) carried forward | 14 | €0 | -€392,389 | -€392,389 | |
| Investment grants | 15 | €148,340 | €176,941 | +€28,601 | +19.3% |
| Provisions and deferred taxes | 16 | €5,995 | €5,359 | -€636 | -10.6% |
| Deferred taxes | 168 | €5,995 | €5,359 | -€636 | -10.6% |
| Amounts payable | 17/49 | €2,752,888 | €2,003,204 | -€749,684 | -27.2% |
| Amounts payable after more than one year | 17 | - | €51,704 | +€51,704 | |
| Financial debts | 170/4 | - | €51,704 | +€51,704 | |
| Amounts payable within one year | 42/48 | €2,744,790 | €1,926,350 | -€818,439 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | - | €46,279 | +€46,279 | |
| Financial debts | 43 | €25,381 | €0 | -€25,381 | -100% |
| Credit institutions | 430/8 | €25,381 | €0 | -€25,381 | -100% |
| Trade debts | 44 | €658,872 | €590,704 | -€68,168 | -10.3% |
| Suppliers | 440/4 | €658,872 | €590,704 | -€68,168 | -10.3% |
| Advances received on contracts in progress | 46 | - | €744,380 | +€744,380 | |
| Taxes, remuneration and social security | 45 | €60,536 | €544,987 | +€484,450 | +800% |
| Taxes | 450/3 | €29,280 | €133,728 | +€104,448 | +357% |
| Remuneration and social security | 454/9 | €31,256 | €411,259 | +€380,003 | +1,216% |
| Other amounts payable | 47/48 | €2,000,000 | €0 | -€2.0m | -100% |
| Accrued charges and deferred income | 492/3 | €8,098 | €25,150 | +€17,052 | +211% |
| Non-recurring operating income | 76A | €0 | €77,166 | +€77,166 | |
| Remuneration, social security and pensions | 62 | €284,476 | €1,779,210 | +€1.5m | +525% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,480 | €284,076 | +€253,596 | +832% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,821 | €127,960 | +€121,139 | +1,776% |
| Other operating charges | 640/8 | €1,699 | €15,240 | +€13,542 | +797% |
| Non-recurring operating charges | 66A | €1,831 | €0 | -€1,831 | -100% |
| Gross operating margin | 9900 | €135,711 | €1,992,789 | +€1.9m | +1,368% |
| Operating profit (loss) | 9901 | -€189,597 | -€213,698 | -€24,101 | -12.7% |
| Financial income | 75/76B | €111,382 | €59,881 | -€51,501 | -46.2% |
| Recurring financial income | 75 | €111,382 | €59,881 | -€51,501 | -46.2% |
| Financial charges | 65/66B | €5,390 | €24,865 | +€19,475 | +361% |
| Recurring financial charges | 65 | €5,390 | €24,865 | +€19,475 | +361% |
| Profit (loss) for the period before taxes | 9903 | -€83,605 | -€178,681 | -€95,077 | -114% |
| Transfer from deferred taxes | 780 | €636 | €636 | = | 0.0% |
| Income taxes | 67/77 | -€1,684 | €3,024 | +€4,708 | |
| Profit (loss) for the period | 9904 | -€81,285 | -€181,069 | -€99,785 | -123% |
| Transfer from tax-exempt reserves | 789 | €1,907 | €1,907 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,378 | -€179,162 | -€99,785 | -126% |
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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.