ECOCHAUFFE: 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.
ECOCHAUFFE
Largest movements
- Receivables within one year -€55,046
down €55,046 (-38.4%), from €143,223 to €88,176
of which Trade receivables: -€53,207
- Stocks and contracts +€12,687
up €12,687 (+10.3%), from €122,601 to €135,288
- Cash -€10,810
down €10,810 (-95.5%), from €11,323 to €514
mainly Net result for the year (-€78,853) and Trade debts (-€43,309)
- Deferred charges and accrued income -€3,704
down €3,704 (-35.4%), from €10,459 to €6,755
- Profit (loss) carried forward -€78,853
down €78,853 (-78.7%), from -€100,232 to -€179,084
- Trade debts -€43,309
down €43,309 (-45.7%), from €94,724 to €51,416
- Debts after one year +€33,735
up €33,735, from €0 to €33,735
- Other debts +€13,250
up €13,250 (+16.1%), from €82,538 to €95,788
- Short-term financial debts +€10,831
new in 2024: €10,831
- Gross operating margin -€64,288
down €64,288 (-76.1%), from €84,458 to €20,169
- Staff costs -€15,365
down €15,365 (-14.3%), from €107,284 to €91,918
- Depreciation -€5,192
down €5,192 (-57.1%), from €9,091 to €3,899
- Financial income +€4,927
up €4,927 (+3079581.3%), from €0 to €4,927
- Financial charges +€4,346
up €4,346 (+189.0%), from €2,299 to €6,645
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €297,887 | €238,923 | -€58,963 | -19.8% |
| Fixed assets | 21/28 | €10,281 | €8,191 | -€2,090 | -20.3% |
| Tangible fixed assets | 22/27 | €9,756 | €7,666 | -€2,090 | -21.4% |
| Plant, machinery and equipment | 23 | €2,671 | €3,716 | +€1,045 | +39.1% |
| Furniture and vehicles | 24 | €1,473 | €61 | -€1,411 | -95.9% |
| Other tangible fixed assets | 26 | €5,612 | €3,889 | -€1,724 | -30.7% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €287,606 | €230,733 | -€56,873 | -19.8% |
| Stocks and contracts in progress | 3 | €122,601 | €135,288 | +€12,687 | +10.3% |
| Stocks | 30/36 | €122,601 | €135,288 | +€12,687 | +10.3% |
| Amounts receivable within one year | 40/41 | €143,223 | €88,176 | -€55,046 | -38.4% |
| Trade receivables | 40 | €129,538 | €76,331 | -€53,207 | -41.1% |
| Other amounts receivable | 41 | €13,685 | €11,845 | -€1,840 | -13.4% |
| Cash at bank and in hand | 54/58 | €11,323 | €514 | -€10,810 | -95.5% |
| Deferred charges and accrued income | 490/1 | €10,459 | €6,755 | -€3,704 | -35.4% |
| Total equity and liabilities | 10/49 | €297,887 | €238,923 | -€58,963 | -19.8% |
| Equity | 10/15 | €83,248 | €4,396 | -€78,853 | -94.7% |
| Contributions | 10/11 | €166,800 | €166,800 | = | 0.0% |
| Reserves | 13 | €16,680 | €16,680 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,680 | €16,680 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,680 | €16,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,232 | -€179,084 | -€78,853 | -78.7% |
| Amounts payable | 17/49 | €214,638 | €234,528 | +€19,889 | +9.3% |
| Amounts payable after more than one year | 17 | €0 | €33,735 | +€33,735 | |
| Financial debts | 170/4 | €0 | €33,735 | +€33,735 | |
| Amounts payable within one year | 42/48 | €209,787 | €200,792 | -€8,994 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €930 | €8,748 | +€7,818 | +840.8% |
| Financial debts | 43 | - | €10,831 | +€10,831 | |
| Credit institutions | 430/8 | - | €10,831 | +€10,831 | |
| Trade debts | 44 | €94,724 | €51,416 | -€43,309 | -45.7% |
| Suppliers | 440/4 | €94,724 | €51,416 | -€43,309 | -45.7% |
| Advances received on contracts in progress | 46 | €155 | €155 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €31,440 | €33,855 | +€2,415 | +7.7% |
| Taxes | 450/3 | €19,326 | €11,850 | -€7,476 | -38.7% |
| Remuneration and social security | 454/9 | €12,113 | €22,005 | +€9,892 | +81.7% |
| Other amounts payable | 47/48 | €82,538 | €95,788 | +€13,250 | +16.1% |
| Accrued charges and deferred income | 492/3 | €4,851 | €0 | -€4,851 | -100.0% |
| Non-recurring operating income | 76A | - | €11,306 | +€11,306 | |
| Remuneration, social security and pensions | 62 | €107,284 | €91,918 | -€15,365 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,091 | €3,899 | -€5,192 | -57.1% |
| Other operating charges | 640/8 | €1,219 | €1,255 | +€35 | +2.9% |
| Gross operating margin | 9900 | €84,458 | €20,169 | -€64,288 | -76.1% |
| Operating profit (loss) | 9901 | -€33,136 | -€76,903 | -€43,766 | -132.1% |
| Financial income | 75/76B | €0 | €4,927 | +€4,927 | +3079581.3% |
| Recurring financial income | 75 | €0 | €4,927 | +€4,927 | +3079581.3% |
| Financial charges | 65/66B | €2,299 | €6,645 | +€4,346 | +189.0% |
| Recurring financial charges | 65 | €2,299 | €6,645 | +€4,346 | +189.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,435 | -€78,620 | -€43,185 | -121.9% |
| Income taxes | 67/77 | €157 | €233 | +€75 | +47.7% |
| Profit (loss) for the period | 9904 | -€35,593 | -€78,853 | -€43,260 | -121.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,593 | -€78,853 | -€43,260 | -121.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.