ECOBAT: 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.
ECOBAT
Largest movements
- Current assets -€7,584
down €7,584 (-20.9%), from €36,214 to €28,630
of which Receivables within one year: -€7,256
- Tangible fixed assets -€500
no longer reported in 2020 (was €500)
- Debts within one year -€11,231
down €11,231 (-44.3%), from €25,353 to €14,122
- Profit (loss) carried forward +€3,147
up €3,147 (+69.3%), from €4,541 to €7,688
- Turnover +€71,112
new in 2020: €71,112
- Gross operating margin +€34,431
up €34,431, from -€21,713 to €12,718
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,714 | €28,630 | -€8,084 | -22.0% |
| Fixed assets | 21/28 | €500 | - | -€500 | |
| Tangible fixed assets | 22/27 | €500 | - | -€500 | |
| Current assets | 29/58 | €36,214 | €28,630 | -€7,584 | -20.9% |
| Amounts receivable within one year | 40/41 | €35,610 | €28,354 | -€7,256 | -20.4% |
| Cash at bank and in hand | 54/58 | €362 | - | -€362 | |
| Total equity and liabilities | 10/49 | €36,714 | €28,630 | -€8,084 | -22.0% |
| Equity | 10/15 | €11,361 | €14,508 | +€3,147 | +27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,541 | €7,688 | +€3,147 | +69.3% |
| Amounts payable | 17/49 | €25,353 | €14,122 | -€11,231 | -44.3% |
| Amounts payable within one year | 42/48 | €25,353 | €14,122 | -€11,231 | -44.3% |
| Trade debts | 44 | €247 | €656 | +€409 | +165% |
| Turnover | 70 | - | €71,112 | +€71,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | +€0 | 0.0% |
| Gross operating margin | 9900 | -€21,713 | €12,718 | +€34,431 | |
| Operating profit (loss) | 9901 | -€27,082 | €6,153 | +€33,234 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Recurring financial charges | 65 | €1,618 | €2,433 | +€815 | +50.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,693 | €3,720 | +€32,413 | |
| Income taxes | 67/77 | - | €572 | +€572 | |
| Profit (loss) for the period | 9904 | -€28,693 | €3,147 | +€31,840 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,693 | €3,147 | +€31,840 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.