Eco2: 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.
Eco2
Largest movements
- Cash -€79,874
down €79,874 (-25.7%), from €310,353 to €230,479
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€2,000)
- Reserves -€100,000
down €100,000 (-43.6%), from €229,359 to €129,359
of which Distributable reserves: -€100,000
- Other debts +€12,915
up €12,915 (+24.8%), from €52,006 to €64,921
- Tax, wage and social debts +€7,512
up €7,512 (+32.9%), from €22,839 to €30,351
- Depreciation -€8,325
down €8,325 (-90.0%), from €9,247 to €921
- Gross operating margin +€2,592
up €2,592, from -€2,330 to €262
- Financial income -€161
down €161 (-4.4%), from €3,628 to €3,468
- Financial charges -€75
down €75 (-33.8%), from €222 to €147
- Other operating charges -€75
down €75 (-2.6%), from €2,926 to €2,851
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 | €311,924 | €232,181 | -€79,743 | -25.6% |
| Fixed assets | 21/28 | €588 | €1,667 | +€1,079 | +183% |
| Tangible fixed assets | 22/27 | €588 | €1,667 | +€1,079 | +183% |
| Furniture and vehicles | 24 | €588 | €1,667 | +€1,079 | +183% |
| Current assets | 29/58 | €311,336 | €230,515 | -€80,822 | -26.0% |
| Amounts receivable within one year | 40/41 | €983 | €36 | -€948 | -96.4% |
| Trade receivables | 40 | €599 | - | -€599 | |
| Other amounts receivable | 41 | €384 | €36 | -€349 | -90.7% |
| Cash at bank and in hand | 54/58 | €310,353 | €230,479 | -€79,874 | -25.7% |
| Total equity and liabilities | 10/49 | €311,924 | €232,181 | -€79,743 | -25.6% |
| Equity | 10/15 | €236,874 | €136,487 | -€100,387 | -42.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €229,359 | €129,359 | -€100,000 | -43.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €227,500 | €127,500 | -€100,000 | -44.0% |
| Profit (loss) carried forward | 14 | €1,315 | €928 | -€387 | -29.4% |
| Amounts payable | 17/49 | €75,050 | €95,694 | +€20,644 | +27.5% |
| Amounts payable within one year | 42/48 | €75,050 | €95,694 | +€20,644 | +27.5% |
| Trade debts | 44 | €206 | €423 | +€217 | +106% |
| Suppliers | 440/4 | €206 | €423 | +€217 | +106% |
| Taxes, remuneration and social security | 45 | €22,839 | €30,351 | +€7,512 | +32.9% |
| Taxes | 450/3 | €22,839 | €30,351 | +€7,512 | +32.9% |
| Other amounts payable | 47/48 | €52,006 | €64,921 | +€12,915 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,247 | €921 | -€8,325 | -90.0% |
| Other operating charges | 640/8 | €2,926 | €2,851 | -€75 | -2.6% |
| Gross operating margin | 9900 | -€2,330 | €262 | +€2,592 | |
| Operating profit (loss) | 9901 | -€14,503 | -€3,511 | +€10,992 | +75.8% |
| Financial income | 75/76B | €3,628 | €3,468 | -€161 | -4.4% |
| Recurring financial income | 75 | €3,628 | €3,468 | -€161 | -4.4% |
| Financial charges | 65/66B | €222 | €147 | -€75 | -33.8% |
| Recurring financial charges | 65 | €222 | €147 | -€75 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,097 | -€190 | +€10,906 | +98.3% |
| Income taxes | 67/77 | €174 | €197 | +€22 | +12.8% |
| Profit (loss) for the period | 9904 | -€11,271 | -€387 | +€10,884 | +96.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,271 | -€387 | +€10,884 | +96.6% |
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 14 October 2026 via checked.be.