ECOBAC: 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.
ECOBAC
Largest movements
- Cash -€14,088
down €14,088 (-97.9%), from €14,390 to €301
mainly Net result for the year (-€21,432) and Tax, wage and social debts (-€4,468)
- Receivables within one year -€13,023
down €13,023 (-69.6%), from €18,723 to €5,699
of which Trade receivables: -€14,954
- Intangible fixed assets -€3,000
down €3,000 (-34.3%), from €8,738 to €5,738
- Profit (loss) carried forward -€21,432
down €21,432 (-285.6%), from -€7,503 to -€28,935
- Tax, wage and social debts -€4,468
no longer reported in 2025 (was €4,468)
- Trade debts -€4,213
down €4,213 (-12.1%), from €34,886 to €30,673
- Gross operating margin -€9,326
down €9,326 (-151.7%), from -€6,149 to -€15,475
- Depreciation +€2,737
up €2,737 (+1043.7%), from €262 to €3,000
- Financial charges +€1,864
up €1,864 (+170.6%), from €1,092 to €2,957
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 | €41,850 | €11,739 | -€30,112 | -72.0% |
| Fixed assets | 21/28 | €8,738 | €5,738 | -€3,000 | -34.3% |
| Intangible fixed assets | 21 | €8,738 | €5,738 | -€3,000 | -34.3% |
| Current assets | 29/58 | €33,112 | €6,001 | -€27,112 | -81.9% |
| Amounts receivable within one year | 40/41 | €18,723 | €5,699 | -€13,023 | -69.6% |
| Trade receivables | 40 | €18,723 | €3,769 | -€14,954 | -79.9% |
| Other amounts receivable | 41 | - | €1,931 | +€1,931 | |
| Cash at bank and in hand | 54/58 | €14,390 | €301 | -€14,088 | -97.9% |
| Total equity and liabilities | 10/49 | €41,850 | €11,739 | -€30,112 | -72.0% |
| Equity | 10/15 | €2,497 | -€18,935 | -€21,432 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,503 | -€28,935 | -€21,432 | -285.6% |
| Amounts payable | 17/49 | €39,354 | €30,673 | -€8,680 | -22.1% |
| Amounts payable within one year | 42/48 | €39,354 | €30,673 | -€8,680 | -22.1% |
| Trade debts | 44 | €34,886 | €30,673 | -€4,213 | -12.1% |
| Suppliers | 440/4 | €34,886 | €30,673 | -€4,213 | -12.1% |
| Taxes, remuneration and social security | 45 | €4,468 | - | -€4,468 | |
| Taxes | 450/3 | €4,468 | - | -€4,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | €3,000 | +€2,737 | +1043.7% |
| Gross operating margin | 9900 | -€6,149 | -€15,475 | -€9,326 | -151.7% |
| Operating profit (loss) | 9901 | -€6,411 | -€18,475 | -€12,064 | -188.2% |
| Financial charges | 65/66B | €1,092 | €2,957 | +€1,864 | +170.6% |
| Recurring financial charges | 65 | €1,092 | €2,957 | +€1,864 | +170.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,503 | -€21,432 | -€13,928 | -185.6% |
| Profit (loss) for the period | 9904 | -€7,503 | -€21,432 | -€13,928 | -185.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,503 | -€21,432 | -€13,928 | -185.6% |
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 4 October 2026 via checked.be.