ECO VOLT: what changed
Two fiscal 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 VOLT
Largest movements
- Receivables within one year +€15,853
up €15,853 (+127.4%), from €12,445 to €28,299
of which Trade receivables: +€11,192
- Cash +€5,317
up €5,317 (+1753.1%), from €303 to €5,620
mainly Trade debts (+€13,129) and Debts after one year (+€7,173)
- Trade debts +€13,129
up €13,129 (+280.6%), from €4,679 to €17,808
- Debts after one year +€7,173
new in 2025: €7,173
- Current portion of long-term debt +€2,897
new in 2025: €2,897
- Other debts -€2,559
no longer reported in 2025 (was €2,559)
- Tax, wage and social debts +€1,750
new in 2025: €1,750
- Gross operating margin -€5,100
down €5,100 (-71.6%), from €7,124 to €2,024
- Taxes -€1,930
down €1,930 (-85.9%), from €2,246 to €316
- Financial charges +€354
up €354 (+96.2%), from €367 to €721
- Other operating charges -€318
down €318 (-28.7%), from €1,106 to €788
- Depreciation -€208
down €208 (-25.0%), from €833 to €625
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.
Cash bridge derived
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 | €16,778 | €37,273 | +€20,495 | +122.2% |
| Formation expenses | 20 | €942 | €590 | -€352 | -37.4% |
| Fixed assets | 21/28 | €2,613 | €2,340 | -€273 | -10.4% |
| Tangible fixed assets | 22/27 | €2,613 | €2,340 | -€273 | -10.4% |
| Other tangible fixed assets | 26 | €2,613 | €2,340 | -€273 | -10.4% |
| Current assets | 29/58 | €13,223 | €34,343 | +€21,120 | +159.7% |
| Amounts receivable within one year | 40/41 | €12,445 | €28,299 | +€15,853 | +127.4% |
| Trade receivables | 40 | €7,105 | €18,297 | +€11,192 | +157.5% |
| Other amounts receivable | 41 | €5,341 | €10,002 | +€4,661 | +87.3% |
| Cash at bank and in hand | 54/58 | €303 | €5,620 | +€5,317 | +1753.1% |
| Deferred charges and accrued income | 490/1 | €474 | €424 | -€50 | -10.5% |
| Total equity and liabilities | 10/49 | €16,778 | €37,273 | +€20,495 | +122.2% |
| Equity | 10/15 | €8,039 | €7,645 | -€394 | -4.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,039 | €4,645 | -€394 | -7.8% |
| Amounts payable | 17/49 | €8,739 | €29,628 | +€20,890 | +239.0% |
| Amounts payable after more than one year | 17 | - | €7,173 | +€7,173 | |
| Financial debts | 170/4 | - | €7,173 | +€7,173 | |
| Amounts payable within one year | 42/48 | €8,739 | €22,455 | +€13,716 | +157.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,897 | +€2,897 | |
| Trade debts | 44 | €4,679 | €17,808 | +€13,129 | +280.6% |
| Suppliers | 440/4 | €4,679 | €17,808 | +€13,129 | +280.6% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | - | €1,750 | +€1,750 | |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | €2,559 | - | -€2,559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €625 | -€208 | -25.0% |
| Other operating charges | 640/8 | €1,106 | €788 | -€318 | -28.7% |
| Gross operating margin | 9900 | €7,124 | €2,024 | -€5,100 | -71.6% |
| Operating profit (loss) | 9901 | €5,185 | €611 | -€4,575 | -88.2% |
| Financial income | 75/76B | €3 | €32 | +€29 | +904.0% |
| Recurring financial income | 75 | €3 | €32 | +€29 | +904.0% |
| Financial charges | 65/66B | €367 | €721 | +€354 | +96.2% |
| Recurring financial charges | 65 | €367 | €721 | +€354 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | €4,821 | -€78 | -€4,899 | |
| Income taxes | 67/77 | €2,246 | €316 | -€1,930 | -85.9% |
| Profit (loss) for the period | 9904 | €2,574 | -€394 | -€2,969 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,574 | -€394 | -€2,969 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.