EcoDynamic: what changed
What changed
EcoDynamic
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€75,761
2024 · €42,120+€33,641
Equity
€436,953
2024 · €361,193+€75,761
Cash
€401,504
2024 · €339,444+€62,060
Balance sheet total
€686,851
2024 · €622,280+€64,571
Largest movements
Assets
- Cash +€62,060
up €62,060 (+18.3%), from €339,444 to €401,504
mainly Net result for the year (+€75,761) and Trade debts (+€23,610)
- Tangible fixed assets -€21,524
down €21,524 (-9.9%), from €218,112 to €196,587
of which Furniture and vehicles: -€11,694
- Receivables within one year +€19,643
up €19,643 (+41.6%), from €47,180 to €66,823
of which Trade receivables: +€27,076
Equity and liabilities
- Reserves +€75,761
up €75,761 (+29.2%), from €259,437 to €335,198
- Other debts -€26,050
down €26,050 (-70.4%), from €37,018 to €10,968
- Trade debts +€23,610
up €23,610 (+56.1%), from €42,049 to €65,659
- Debts after one year -€23,260
down €23,260 (-23.6%), from €98,762 to €75,502
- Tax, wage and social debts +€21,978
up €21,978 (+792%), from €2,776 to €24,754
Income statement
- Gross operating margin +€41,194
up €41,194 (+39.9%), from €103,240 to €144,434
- Taxes +€13,108
up €13,108 (+54.2%), from €24,203 to €37,311
- Depreciation -€3,200
down €3,200 (-12.1%), from €26,493 to €23,293
- Other operating charges -€2,079
down €2,079 (-44.1%), from €4,718 to €2,639
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€42,120
Gross operating margin
+€41,194
Depreciation
+€3,200
Other operating charges
+€2,079
Financial income
-€973
Financial charges
+€1,249
Taxes
-€13,108
Result 2025
€75,761
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€94,556
Investment
-€1,769
Financing
-€30,727
Cash 2024
€339,444
From operations (derived)
+€94,556
Net result for the year
+€75,761
Depreciation
+€23,293
Stocks and contracts
-€2,355
Receivables within one year
-€19,643
Deferred charges and accrued income
-€2,037
Trade debts
+€23,610
Tax, wage and social debts
+€21,978
Other debts
-€26,050
Investment (derived)
-€1,769
Investment in fixed assets (net)
-€1,769
Financing
-€30,727
Debts after one year
-€23,260
Current portion of long-term debt
+€985
Short-term financial debts
-€8,452
Cash 2025
€401,504
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,280 | €686,851 | +€64,571 | +10.4% |
| Fixed assets | 21/28 | €218,112 | €196,587 | -€21,524 | -9.9% |
| Tangible fixed assets | 22/27 | €218,112 | €196,587 | -€21,524 | -9.9% |
| Land and buildings | 22 | €172,322 | €164,696 | -€7,626 | -4.4% |
| Plant, machinery and equipment | 23 | €2,493 | €288 | -€2,205 | -88.5% |
| Furniture and vehicles | 24 | €43,297 | €31,603 | -€11,694 | -27.0% |
| Current assets | 29/58 | €404,169 | €490,264 | +€86,095 | +21.3% |
| Stocks and contracts in progress | 3 | €14,713 | €17,069 | +€2,355 | +16.0% |
| Stocks | 30/36 | €14,713 | €17,069 | +€2,355 | +16.0% |
| Amounts receivable within one year | 40/41 | €47,180 | €66,823 | +€19,643 | +41.6% |
| Trade receivables | 40 | €39,747 | €66,823 | +€27,076 | +68.1% |
| Other amounts receivable | 41 | €7,433 | €0 | -€7,433 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €339,444 | €401,504 | +€62,060 | +18.3% |
| Deferred charges and accrued income | 490/1 | €2,831 | €4,868 | +€2,037 | +71.9% |
| Total equity and liabilities | 10/49 | €622,280 | €686,851 | +€64,571 | +10.4% |
| Equity | 10/15 | €361,193 | €436,953 | +€75,761 | +21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €259,437 | €335,198 | +€75,761 | +29.2% |
| Distributable reserves | 133 | €259,437 | €335,198 | +€75,761 | +29.2% |
| Profit (loss) carried forward | 14 | €83,155 | €83,155 | = | 0.0% |
| Provisions and deferred taxes | 16 | €39,200 | €39,200 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €39,200 | €39,200 | = | 0.0% |
| Pensions and similar obligations | 160 | €39,200 | €39,200 | = | 0.0% |
| Amounts payable | 17/49 | €221,888 | €210,698 | -€11,190 | -5.0% |
| Amounts payable after more than one year | 17 | €98,762 | €75,502 | -€23,260 | -23.6% |
| Financial debts | 170/4 | €98,762 | €75,502 | -€23,260 | -23.6% |
| Amounts payable within one year | 42/48 | €112,570 | €124,640 | +€12,070 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €22,275 | €23,260 | +€985 | +4.4% |
| Financial debts | 43 | €8,452 | €0 | -€8,452 | -100% |
| Credit institutions | 430/8 | €8,452 | €0 | -€8,452 | -100% |
| Trade debts | 44 | €42,049 | €65,659 | +€23,610 | +56.1% |
| Suppliers | 440/4 | €42,049 | €65,659 | +€23,610 | +56.1% |
| Taxes, remuneration and social security | 45 | €2,776 | €24,754 | +€21,978 | +792% |
| Taxes | 450/3 | €2,776 | €24,754 | +€21,978 | +792% |
| Other amounts payable | 47/48 | €37,018 | €10,968 | -€26,050 | -70.4% |
| Accrued charges and deferred income | 492/3 | €10,556 | €10,556 | = | 0.0% |
| Non-recurring operating income | 76A | €8,500 | €0 | -€8,500 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,493 | €23,293 | -€3,200 | -12.1% |
| Other operating charges | 640/8 | €4,718 | €2,639 | -€2,079 | -44.1% |
| Gross operating margin | 9900 | €103,240 | €144,434 | +€41,194 | +39.9% |
| Operating profit (loss) | 9901 | €72,029 | €118,502 | +€46,473 | +64.5% |
| Financial income | 75/76B | €2,453 | €1,480 | -€973 | -39.7% |
| Recurring financial income | 75 | €2,453 | €1,480 | -€973 | -39.7% |
| Financial charges | 65/66B | €8,159 | €6,911 | -€1,249 | -15.3% |
| Recurring financial charges | 65 | €8,159 | €6,911 | -€1,249 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €66,323 | €113,071 | +€46,749 | +70.5% |
| Income taxes | 67/77 | €24,203 | €37,311 | +€13,108 | +54.2% |
| Profit (loss) for the period | 9904 | €42,120 | €75,761 | +€33,641 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,120 | €75,761 | +€33,641 | +79.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.