ECO6: 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.
ECO6
Largest movements
- Current investments +€1.8m
new in 2025: €1.8m
- Financial fixed assets -€1.1m
no longer reported in 2025 (was €1.1m)
- Cash -€104,216
down €104,216 (-51.4%), from €202,664 to €98,448
mainly Current investments (-€1.8m) and Contributions, distributions and other (-€97,000)
- Receivables within one year -€26,770
down €26,770 (-97.6%), from €27,424 to €654
of which Trade receivables: -€27,424
- Reserves +€626,500
up €626,500 (+59.2%), from €1.1m to €1.7m
- Other debts +€92,952
up €92,952 (+453%), from €20,538 to €113,489
- Debts after one year -€80,000
no longer reported in 2025 (was €80,000)
- Current portion of long-term debt -€80,000
no longer reported in 2025 (was €80,000)
- Tax, wage and social debts +€49,362
up €49,362 (+87.6%), from €56,343 to €105,705
of which Taxes: +€48,162
- Financial income +€559,408
up €559,408 (+243%), from €230,000 to €789,408
of which Non-recurring financial income: +€760,655
- Gross operating margin -€86,197
down €86,197 (-75.5%), from €114,164 to €27,966
- Taxes +€29,574
up €29,574 (+52.2%), from €56,632 to €86,206
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 | €1,322,647 | €1,932,780 | +€610,133 | +46.1% |
| Fixed assets | 21/28 | €1,092,369 | €472 | -€1.1m | -100.0% |
| Tangible fixed assets | 22/27 | €3,024 | €472 | -€2,552 | -84.4% |
| Furniture and vehicles | 24 | €3,024 | €472 | -€2,552 | -84.4% |
| Financial fixed assets | 28 | €1,089,345 | - | -€1.1m | |
| Current assets | 29/58 | €230,278 | €1,932,308 | +€1.7m | +739% |
| Amounts receivable within one year | 40/41 | €27,424 | €654 | -€26,770 | -97.6% |
| Trade receivables | 40 | €27,424 | - | -€27,424 | |
| Other amounts receivable | 41 | - | €654 | +€654 | |
| Current investments | 50/53 | - | €1,833,205 | +€1.8m | |
| Cash at bank and in hand | 54/58 | €202,664 | €98,448 | -€104,216 | -51.4% |
| Deferred charges and accrued income | 490/1 | €190 | - | -€190 | |
| Total equity and liabilities | 10/49 | €1,322,647 | €1,932,780 | +€610,133 | +46.1% |
| Equity | 10/15 | €1,080,331 | €1,707,167 | +€626,837 | +58.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,057,620 | €1,684,120 | +€626,500 | +59.2% |
| Distributable reserves | 133 | €1,057,620 | €1,684,120 | +€626,500 | +59.2% |
| Profit (loss) carried forward | 14 | €4,161 | €4,497 | +€337 | +8.1% |
| Amounts payable | 17/49 | €242,316 | €225,613 | -€16,704 | -6.9% |
| Amounts payable after more than one year | 17 | €80,000 | - | -€80,000 | |
| Financial debts | 170/4 | €80,000 | - | -€80,000 | |
| Amounts payable within one year | 42/48 | €161,523 | €224,488 | +€62,964 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €80,000 | - | -€80,000 | |
| Trade debts | 44 | €4,643 | €5,294 | +€650 | +14.0% |
| Suppliers | 440/4 | €4,643 | €5,294 | +€650 | +14.0% |
| Taxes, remuneration and social security | 45 | €56,343 | €105,705 | +€49,362 | +87.6% |
| Taxes | 450/3 | €56,343 | €104,505 | +€48,162 | +85.5% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €20,538 | €113,489 | +€92,952 | +453% |
| Accrued charges and deferred income | 492/3 | €793 | €1,125 | +€332 | +41.9% |
| Non-recurring operating income | 76A | €3,433 | - | -€3,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,595 | €2,552 | -€1,043 | -29.0% |
| Other operating charges | 640/8 | €577 | €539 | -€38 | -6.6% |
| Gross operating margin | 9900 | €114,164 | €27,966 | -€86,197 | -75.5% |
| Operating profit (loss) | 9901 | €109,991 | €24,875 | -€85,116 | -77.4% |
| Financial income | 75/76B | €230,000 | €789,408 | +€559,408 | +243% |
| Recurring financial income | 75 | €230,000 | €28,753 | -€201,247 | -87.5% |
| Non-recurring financial income | 76B | - | €760,655 | +€760,655 | |
| Financial charges | 65/66B | €4,819 | €4,241 | -€577 | -12.0% |
| Recurring financial charges | 65 | €4,819 | €4,241 | -€577 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €335,172 | €810,042 | +€474,870 | +142% |
| Income taxes | 67/77 | €56,632 | €86,206 | +€29,574 | +52.2% |
| Profit (loss) for the period | 9904 | €278,540 | €723,837 | +€445,296 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €278,540 | €723,837 | +€445,296 | +160% |
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 21 October 2026 via checked.be.