ECOENERGY SOLUTIONS: 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.
ECOENERGY SOLUTIONS
Largest movements
- Cash +€150,165
up €150,165 (+142%), from €105,760 to €255,925
mainly Net result for the year (+€112,628) and Tax, wage and social debts (+€27,832)
- Tangible fixed assets -€18,593
down €18,593 (-19.4%), from €95,814 to €77,221
of which Furniture and vehicles: -€18,070
- Receivables within one year -€5,225
down €5,225 (-37.4%), from €13,966 to €8,741
of which Trade receivables: -€3,118
- Profit (loss) carried forward +€46,628
up €46,628 (+1,588%), from €2,937 to €49,565
- Reserves +€46,000
up €46,000 (+85.2%), from €54,000 to €100,000
- Tax, wage and social debts +€27,832
up €27,832 (+99.6%), from €27,938 to €55,771
- Other debts -€9,845
down €9,845 (-26.5%), from €37,122 to €27,277
- Debts after one year +€9,597
up €9,597 (+15.0%), from €63,989 to €73,586
of which Other amounts payable: +€20,000
- Gross operating margin +€102,900
up €102,900 (+150%), from €68,685 to €171,584
- Taxes +€18,945
up €18,945 (+135%), from €14,010 to €32,955
- Depreciation +€18,679
up €18,679 (+1,513%), from €1,235 to €19,914
- Other operating charges +€3,832
up €3,832 (+1,353%), from €283 to €4,115
- Financial charges +€1,746
up €1,746 (+773%), from €226 to €1,972
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.
Derived cash bridge
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 | €215,540 | €344,428 | +€128,888 | +59.8% |
| Fixed assets | 21/28 | €95,814 | €77,221 | -€18,593 | -19.4% |
| Tangible fixed assets | 22/27 | €95,814 | €77,221 | -€18,593 | -19.4% |
| Furniture and vehicles | 24 | €93,201 | €75,131 | -€18,070 | -19.4% |
| Other tangible fixed assets | 26 | €2,613 | €2,090 | -€523 | -20.0% |
| Current assets | 29/58 | €119,726 | €267,207 | +€147,480 | +123% |
| Amounts receivable within one year | 40/41 | €13,966 | €8,741 | -€5,225 | -37.4% |
| Trade receivables | 40 | €10,083 | €6,965 | -€3,118 | -30.9% |
| Other amounts receivable | 41 | €3,883 | €1,776 | -€2,107 | -54.3% |
| Cash at bank and in hand | 54/58 | €105,760 | €255,925 | +€150,165 | +142% |
| Deferred charges and accrued income | 490/1 | - | €2,540 | +€2,540 | |
| Total equity and liabilities | 10/49 | €215,540 | €344,428 | +€128,888 | +59.8% |
| Equity | 10/15 | €57,937 | €150,565 | +€92,628 | +160% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €100,000 | +€46,000 | +85.2% |
| Distributable reserves | 133 | €54,000 | €100,000 | +€46,000 | +85.2% |
| Profit (loss) carried forward | 14 | €2,937 | €49,565 | +€46,628 | +1,588% |
| Amounts payable | 17/49 | €157,603 | €193,863 | +€36,260 | +23.0% |
| Amounts payable after more than one year | 17 | €63,989 | €73,586 | +€9,597 | +15.0% |
| Financial debts | 170/4 | €43,989 | €33,586 | -€10,403 | -23.6% |
| Other amounts payable | 178/9 | €20,000 | €40,000 | +€20,000 | +100% |
| Amounts payable within one year | 42/48 | €91,413 | €112,976 | +€21,562 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €10,025 | €10,403 | +€378 | +3.8% |
| Financial debts | 43 | €775 | €4,582 | +€3,808 | +491% |
| Credit institutions | 430/8 | €775 | €4,582 | +€3,808 | +491% |
| Trade debts | 44 | €10,553 | €9,942 | -€611 | -5.8% |
| Suppliers | 440/4 | €10,553 | €9,942 | -€611 | -5.8% |
| Advances received on contracts in progress | 46 | €5,000 | €5,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €27,938 | €55,771 | +€27,832 | +99.6% |
| Taxes | 450/3 | €27,938 | €55,771 | +€27,832 | +99.6% |
| Other amounts payable | 47/48 | €37,122 | €27,277 | -€9,845 | -26.5% |
| Accrued charges and deferred income | 492/3 | €2,200 | €7,301 | +€5,101 | +232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,235 | €19,914 | +€18,679 | +1,513% |
| Other operating charges | 640/8 | €283 | €4,115 | +€3,832 | +1,353% |
| Gross operating margin | 9900 | €68,685 | €171,584 | +€102,900 | +150% |
| Operating profit (loss) | 9901 | €67,167 | €147,555 | +€80,388 | +120% |
| Financial charges | 65/66B | €226 | €1,972 | +€1,746 | +773% |
| Recurring financial charges | 65 | €226 | €1,972 | +€1,746 | +773% |
| Profit (loss) for the period before taxes | 9903 | €66,941 | €145,583 | +€78,643 | +117% |
| Income taxes | 67/77 | €14,010 | €32,955 | +€18,945 | +135% |
| Profit (loss) for the period | 9904 | €52,930 | €112,628 | +€59,697 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €52,930 | €112,628 | +€59,697 | +113% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.