ECOCOA: 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.
ECOCOA
Largest movements
- Cash -€41,517
down €41,517 (-56.0%), from €74,186 to €32,669
mainly Trade debts (-€193,968) and Investment in fixed assets (net) (-€53,980)
- Tangible fixed assets +€13,388
up €13,388 (+15.5%), from €86,616 to €100,004
of which Plant, machinery and equipment: +€8,396
- Receivables within one year -€9,824
down €9,824 (-16.8%), from €58,349 to €48,525
of which Other amounts receivable: -€13,658
- Trade debts -€193,968
down €193,968 (-77.2%), from €251,157 to €57,189
- Other debts +€170,000
up €170,000 (+117%), from €145,000 to €315,000
- Profit (loss) carried forward -€12,077
down €12,077 (-14.6%), from -€82,855 to -€94,932
- Current portion of long-term debt +€6,931
up €6,931 (+27.7%), from €25,003 to €31,934
- Tax, wage and social debts -€5,474
down €5,474 (-41.8%), from €13,108 to €7,635
of which Remuneration and social security: -€4,251
- Gross operating margin -€13,105
down €13,105 (-10.6%), from €123,776 to €110,671
- Staff costs -€6,225
down €6,225 (-7.3%), from €85,137 to €78,912
- Depreciation +€3,089
up €3,089 (+8.8%), from €34,989 to €38,079
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 | €393,546 | €360,168 | -€33,378 | -8.5% |
| Fixed assets | 21/28 | €89,246 | €105,147 | +€15,901 | +17.8% |
| Intangible fixed assets | 21 | €2,267 | €1,390 | -€877 | -38.7% |
| Tangible fixed assets | 22/27 | €86,616 | €100,004 | +€13,388 | +15.5% |
| Plant, machinery and equipment | 23 | €20,855 | €29,251 | +€8,396 | +40.3% |
| Furniture and vehicles | 24 | €441 | €311 | -€130 | -29.4% |
| Leasing and similar rights | 25 | €65,320 | €70,442 | +€5,122 | +7.8% |
| Financial fixed assets | 28 | €363 | €3,753 | +€3,390 | +934% |
| Current assets | 29/58 | €304,299 | €255,020 | -€49,279 | -16.2% |
| Stocks and contracts in progress | 3 | €169,660 | €173,301 | +€3,641 | +2.1% |
| Stocks | 30/36 | €169,660 | €173,301 | +€3,641 | +2.1% |
| Amounts receivable within one year | 40/41 | €58,349 | €48,525 | -€9,824 | -16.8% |
| Trade receivables | 40 | €40,086 | €43,920 | +€3,834 | +9.6% |
| Other amounts receivable | 41 | €18,263 | €4,605 | -€13,658 | -74.8% |
| Cash at bank and in hand | 54/58 | €74,186 | €32,669 | -€41,517 | -56.0% |
| Deferred charges and accrued income | 490/1 | €2,105 | €526 | -€1,579 | -75.0% |
| Total equity and liabilities | 10/49 | €393,546 | €360,168 | -€33,378 | -8.5% |
| Equity | 10/15 | -€72,855 | -€84,932 | -€12,077 | -16.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,855 | -€94,932 | -€12,077 | -14.6% |
| Amounts payable | 17/49 | €466,401 | €445,100 | -€21,301 | -4.6% |
| Amounts payable after more than one year | 17 | €32,133 | €33,343 | +€1,210 | +3.8% |
| Financial debts | 170/4 | €32,133 | €33,343 | +€1,210 | +3.8% |
| Amounts payable within one year | 42/48 | €434,268 | €411,757 | -€22,511 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €25,003 | €31,934 | +€6,931 | +27.7% |
| Trade debts | 44 | €251,157 | €57,189 | -€193,968 | -77.2% |
| Suppliers | 440/4 | €251,157 | €57,189 | -€193,968 | -77.2% |
| Taxes, remuneration and social security | 45 | €13,108 | €7,635 | -€5,474 | -41.8% |
| Taxes | 450/3 | €1,753 | €530 | -€1,223 | -69.8% |
| Remuneration and social security | 454/9 | €11,355 | €7,104 | -€4,251 | -37.4% |
| Other amounts payable | 47/48 | €145,000 | €315,000 | +€170,000 | +117% |
| Remuneration, social security and pensions | 62 | €85,137 | €78,912 | -€6,225 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,989 | €38,079 | +€3,089 | +8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €78 | €0 | -€78 | -100% |
| Other operating charges | 640/8 | €758 | €1,605 | +€847 | +112% |
| Gross operating margin | 9900 | €123,776 | €110,671 | -€13,105 | -10.6% |
| Operating profit (loss) | 9901 | €2,814 | -€7,925 | -€10,739 | |
| Financial income | 75/76B | €11 | €40 | +€29 | +276% |
| Recurring financial income | 75 | €11 | €40 | +€29 | +276% |
| Financial charges | 65/66B | €3,935 | €3,661 | -€273 | -6.9% |
| Recurring financial charges | 65 | €3,935 | €3,661 | -€273 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,110 | -€11,547 | -€10,436 | -940% |
| Income taxes | 67/77 | €259 | €530 | +€271 | +104% |
| Profit (loss) for the period | 9904 | -€1,370 | -€12,077 | -€10,707 | -782% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,370 | -€12,077 | -€10,707 | -782% |
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 16 October 2026 via checked.be.