ECODOLEZ: 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.
ECODOLEZ
Largest movements
- Receivables within one year +€324,180
up €324,180 (+126603.3%), from €256 to €324,436
of which Other amounts receivable: +€323,660
- Tangible fixed assets -€267,360
down €267,360 (-20.2%), from €1.3m to €1.1m
of which Land and buildings: -€267,360
- Cash +€14,610
up €14,610 (+11916.2%), from €123 to €14,733
mainly Investment in fixed assets (net) (+€247,365) and Net result for the year (+€71,541)
- Profit (loss) carried forward +€71,541
up €71,541 (+13.3%), from -€536,700 to -€465,159
- Gross operating margin +€80,337
up €80,337 (+678.1%), from €11,847 to €92,184
- Depreciation -€5,236
down €5,236 (-20.8%), from €25,231 to €19,995
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 | €1,321,146 | €1,392,576 | +€71,431 | +5.4% |
| Fixed assets | 21/28 | €1,320,767 | €1,053,407 | -€267,360 | -20.2% |
| Tangible fixed assets | 22/27 | €1,320,767 | €1,053,407 | -€267,360 | -20.2% |
| Land and buildings | 22 | €938,767 | €671,407 | -€267,360 | -28.5% |
| Other tangible fixed assets | 26 | €382,000 | €382,000 | = | 0.0% |
| Current assets | 29/58 | €379 | €339,169 | +€338,791 | +89468.6% |
| Amounts receivable within one year | 40/41 | €256 | €324,436 | +€324,180 | +126603.3% |
| Trade receivables | 40 | - | €520 | +€520 | |
| Other amounts receivable | 41 | €256 | €323,916 | +€323,660 | +126400.1% |
| Cash at bank and in hand | 54/58 | €123 | €14,733 | +€14,610 | +11916.2% |
| Total equity and liabilities | 10/49 | €1,321,146 | €1,392,576 | +€71,431 | +5.4% |
| Equity | 10/15 | -€18,100 | €53,441 | +€71,541 | |
| Contributions | 10/11 | €518,600 | €518,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€536,700 | -€465,159 | +€71,541 | +13.3% |
| Amounts payable | 17/49 | €1,339,246 | €1,339,135 | -€111 | 0.0% |
| Amounts payable after more than one year | 17 | €1,306,416 | €1,306,416 | = | 0.0% |
| Financial debts | 170/4 | €1,306,416 | €1,306,416 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,830 | €32,719 | -€111 | -0.3% |
| Trade debts | 44 | €6,298 | €5,079 | -€1,219 | -19.4% |
| Suppliers | 440/4 | €6,298 | €5,079 | -€1,219 | -19.4% |
| Other amounts payable | 47/48 | €26,532 | €27,640 | +€1,108 | +4.2% |
| Non-recurring operating income | 76A | - | €124,465 | +€124,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,231 | €19,995 | -€5,236 | -20.8% |
| Gross operating margin | 9900 | €11,847 | €92,184 | +€80,337 | +678.1% |
| Operating profit (loss) | 9901 | -€13,384 | €72,189 | +€85,573 | |
| Financial income | 75/76B | €27 | €1 | -€27 | -97.8% |
| Recurring financial income | 75 | €27 | €1 | -€27 | -97.8% |
| Financial charges | 65/66B | €489 | €649 | +€159 | +32.5% |
| Recurring financial charges | 65 | €489 | €649 | +€159 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,846 | €71,541 | +€85,387 | |
| Profit (loss) for the period | 9904 | -€13,846 | €71,541 | +€85,387 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,846 | €71,541 | +€85,387 |
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 9 October 2026 via checked.be.