ECOFEU: 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.
ECOFEU
Largest movements
- Tangible fixed assets -€2,912
down €2,912 (-40.5%), from €7,200 to €4,287
- Cash +€668
new in 2024: €668
mainly Other debts (+€8,000) and Depreciation (+€2,912)
- Profit (loss) carried forward -€8,031
down €8,031 (-16.7%), from -€48,036 to -€56,067
- Other debts +€8,000
up €8,000 (+72.8%), from €10,987 to €18,987
- Debts after one year -€2,716
down €2,716 (-66.5%), from €4,084 to €1,367
- Short-term financial debts +€305
up €305 (+8.3%), from €3,686 to €3,991
of which Other loans: +€3,991
- Trade debts +€152
up €152 (+1.0%), from €14,495 to €14,647
- Gross operating margin +€10,239
up €10,239 (+70.9%), from -€14,445 to -€4,206
- Other operating charges -€1,277
down €1,277 (-76.7%), from €1,664 to €387
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 | €7,458 | €5,192 | -€2,266 | -30.4% |
| Fixed assets | 21/28 | €7,200 | €4,287 | -€2,912 | -40.5% |
| Tangible fixed assets | 22/27 | €7,200 | €4,287 | -€2,912 | -40.5% |
| Plant, machinery and equipment | 23 | €7,200 | €4,287 | -€2,912 | -40.5% |
| Current assets | 29/58 | €258 | €904 | +€646 | +250.0% |
| Amounts receivable within one year | 40/41 | €258 | €237 | -€21 | -8.3% |
| Trade receivables | 40 | - | €47 | +€47 | |
| Other amounts receivable | 41 | €258 | €190 | -€68 | -26.3% |
| Cash at bank and in hand | 54/58 | - | €668 | +€668 | |
| Total equity and liabilities | 10/49 | €7,458 | €5,192 | -€2,266 | -30.4% |
| Equity | 10/15 | -€28,486 | -€36,517 | -€8,031 | -28.2% |
| Contributions | 10/11 | €19,550 | €19,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,036 | -€56,067 | -€8,031 | -16.7% |
| Amounts payable | 17/49 | €35,944 | €41,709 | +€5,765 | +16.0% |
| Amounts payable after more than one year | 17 | €4,084 | €1,367 | -€2,716 | -66.5% |
| Financial debts | 170/4 | €4,084 | €1,367 | -€2,716 | -66.5% |
| Amounts payable within one year | 42/48 | €31,860 | €40,341 | +€8,481 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €2,692 | €2,716 | +€25 | +0.9% |
| Financial debts | 43 | €3,686 | €3,991 | +€305 | +8.3% |
| Credit institutions | 430/8 | €3,686 | - | -€3,686 | |
| Other loans | 439 | - | €3,991 | +€3,991 | |
| Trade debts | 44 | €14,495 | €14,647 | +€152 | +1.0% |
| Suppliers | 440/4 | €14,495 | €14,647 | +€152 | +1.0% |
| Other amounts payable | 47/48 | €10,987 | €18,987 | +€8,000 | +72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,049 | €2,912 | -€136 | -4.5% |
| Other operating charges | 640/8 | €1,664 | €387 | -€1,277 | -76.7% |
| Gross operating margin | 9900 | -€14,445 | -€4,206 | +€10,239 | +70.9% |
| Operating profit (loss) | 9901 | -€19,158 | -€7,506 | +€11,652 | +60.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €586 | €525 | -€62 | -10.5% |
| Recurring financial charges | 65 | €586 | €525 | -€62 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,744 | -€8,031 | +€11,713 | +59.3% |
| Profit (loss) for the period | 9904 | -€19,744 | -€8,031 | +€11,713 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,744 | -€8,031 | +€11,713 | +59.3% |
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 10 October 2026 via checked.be.