ECOBOUW DEVIL: 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.
ECOBOUW DEVIL
Largest movements
- Cash +€25,072
up €25,072 (+372.3%), from €6,734 to €31,806
mainly Trade debts (+€19,046) and Net result for the year (+€19,008)
- Receivables within one year +€21,989
up €21,989 (+25.8%), from €85,115 to €107,103
of which Other amounts receivable: +€11,481
- Stocks and contracts -€4,600
down €4,600 (-11.6%), from €39,494 to €34,893
- Trade debts +€19,046
up €19,046 (+331.1%), from €5,752 to €24,798
- Other debts +€13,755
up €13,755 (+112.6%), from €12,214 to €25,969
- Profit (loss) carried forward +€4,374
up €4,374 (+7.1%), from €61,517 to €65,890
- Tax, wage and social debts +€3,514
up €3,514 (+641.0%), from €548 to €4,062
of which Taxes: +€4,062
- Gross operating margin +€13,583
up €13,583 (+83.6%), from €16,249 to €29,832
- Staff costs -€6,121
down €6,121 (-52.2%), from €11,725 to €5,604
- Taxes +€1,311
new in 2025: €1,311
- Other operating charges +€1,158
up €1,158 (+140.4%), from €824 to €1,982
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 | €135,491 | €176,180 | +€40,689 | +30.0% |
| Fixed assets | 21/28 | €4,149 | €2,377 | -€1,771 | -42.7% |
| Intangible fixed assets | 21 | €1,831 | €913 | -€919 | -50.2% |
| Tangible fixed assets | 22/27 | €2,318 | €1,465 | -€853 | -36.8% |
| Plant, machinery and equipment | 23 | €1,838 | €1,225 | -€613 | -33.3% |
| Furniture and vehicles | 24 | €480 | €240 | -€240 | -50.1% |
| Current assets | 29/58 | €131,342 | €173,802 | +€42,460 | +32.3% |
| Stocks and contracts in progress | 3 | €39,494 | €34,893 | -€4,600 | -11.6% |
| Stocks | 30/36 | €39,494 | €34,893 | -€4,600 | -11.6% |
| Amounts receivable within one year | 40/41 | €85,115 | €107,103 | +€21,989 | +25.8% |
| Trade receivables | 40 | €66,712 | €77,220 | +€10,508 | +15.8% |
| Other amounts receivable | 41 | €18,402 | €29,883 | +€11,481 | +62.4% |
| Cash at bank and in hand | 54/58 | €6,734 | €31,806 | +€25,072 | +372.3% |
| Total equity and liabilities | 10/49 | €135,491 | €176,180 | +€40,689 | +30.0% |
| Equity | 10/15 | €81,977 | €86,350 | +€4,374 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,517 | €65,890 | +€4,374 | +7.1% |
| Amounts payable | 17/49 | €53,514 | €89,830 | +€36,315 | +67.9% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Financial debts | 170/4 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,514 | €54,830 | +€36,315 | +196.1% |
| Trade debts | 44 | €5,752 | €24,798 | +€19,046 | +331.1% |
| Suppliers | 440/4 | €5,752 | €24,798 | +€19,046 | +331.1% |
| Taxes, remuneration and social security | 45 | €548 | €4,062 | +€3,514 | +641.0% |
| Taxes | 450/3 | - | €4,062 | +€4,062 | |
| Remuneration and social security | 454/9 | €548 | - | -€548 | |
| Other amounts payable | 47/48 | €12,214 | €25,969 | +€13,755 | +112.6% |
| Remuneration, social security and pensions | 62 | €11,725 | €5,604 | -€6,121 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,771 | €1,771 | -€0 | 0.0% |
| Other operating charges | 640/8 | €824 | €1,982 | +€1,158 | +140.4% |
| Gross operating margin | 9900 | €16,249 | €29,832 | +€13,583 | +83.6% |
| Operating profit (loss) | 9901 | €1,928 | €20,474 | +€18,547 | +962.1% |
| Financial income | 75/76B | €176 | €8 | -€168 | -95.4% |
| Recurring financial income | 75 | €176 | €8 | -€168 | -95.4% |
| Financial charges | 65/66B | €179 | €164 | -€15 | -8.2% |
| Recurring financial charges | 65 | €179 | €164 | -€15 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €1,925 | €20,318 | +€18,394 | +955.6% |
| Income taxes | 67/77 | - | €1,311 | +€1,311 | |
| Profit (loss) for the period | 9904 | €1,925 | €19,008 | +€17,083 | +887.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,925 | €19,008 | +€17,083 | +887.5% |
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 11 October 2026 via checked.be.