ECOFID: 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.
ECOFID
Largest movements
- Cash -€8,153
down €8,153 (-34.9%), from €23,356 to €15,202
mainly Trade debts (-€4,836) and Tax, wage and social debts (-€2,832)
- Tangible fixed assets -€2,832
no longer reported in 2025 (was €2,832)
- Receivables within one year +€537
up €537 (+15.6%), from €3,433 to €3,970
of which Other amounts receivable: +€3,889
- Trade debts -€4,836
down €4,836 (-99.9%), from €4,842 to €6
- Tax, wage and social debts -€2,832
down €2,832 (-77.2%), from €3,668 to €836
- Profit (loss) carried forward -€1,430
down €1,430 (-19.6%), from €7,290 to €5,860
- Other debts -€1,351
no longer reported in 2025 (was €1,351)
- Turnover -€42,621
down €42,621 (-51.4%), from €82,940 to €40,319
- Purchases and services -€38,406
down €38,406 (-49.1%), from €78,197 to €39,792
- Gross operating margin -€5,546
down €5,546 (-66.1%), from €8,390 to €2,844
- Depreciation -€2,219
down €2,219 (-43.9%), from €5,051 to €2,832
- Taxes -€1,451
down €1,451 (-71.5%), from €2,028 to €577
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 | €29,621 | €19,172 | -€10,449 | -35.3% |
| Fixed assets | 21/28 | €2,832 | - | -€2,832 | |
| Tangible fixed assets | 22/27 | €2,832 | - | -€2,832 | |
| Furniture and vehicles | 24 | €2,832 | - | -€2,832 | |
| Current assets | 29/58 | €26,789 | €19,172 | -€7,617 | -28.4% |
| Amounts receivable within one year | 40/41 | €3,433 | €3,970 | +€537 | +15.6% |
| Trade receivables | 40 | €3,352 | - | -€3,352 | |
| Other amounts receivable | 41 | €81 | €3,970 | +€3,889 | +4777.1% |
| Cash at bank and in hand | 54/58 | €23,356 | €15,202 | -€8,153 | -34.9% |
| Total equity and liabilities | 10/49 | €29,621 | €19,172 | -€10,449 | -35.3% |
| Equity | 10/15 | €19,760 | €18,330 | -€1,430 | -7.2% |
| Contributions | 10/11 | €8,065 | €8,065 | = | 0.0% |
| Capital | 10 | €8,065 | €8,065 | = | 0.0% |
| Issued capital | 100 | €20,459 | €20,459 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €4,406 | €4,406 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,406 | €4,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,290 | €5,860 | -€1,430 | -19.6% |
| Amounts payable | 17/49 | €9,861 | €842 | -€9,019 | -91.5% |
| Amounts payable within one year | 42/48 | €9,861 | €842 | -€9,019 | -91.5% |
| Trade debts | 44 | €4,842 | €6 | -€4,836 | -99.9% |
| Suppliers | 440/4 | €4,842 | €6 | -€4,836 | -99.9% |
| Taxes, remuneration and social security | 45 | €3,668 | €836 | -€2,832 | -77.2% |
| Taxes | 450/3 | €3,668 | €836 | -€2,832 | -77.2% |
| Other amounts payable | 47/48 | €1,351 | - | -€1,351 | |
| Turnover | 70 | €82,940 | €40,319 | -€42,621 | -51.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €78,197 | €39,792 | -€38,406 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,051 | €2,832 | -€2,219 | -43.9% |
| Other operating charges | 640/8 | €997 | €610 | -€387 | -38.8% |
| Gross operating margin | 9900 | €8,390 | €2,844 | -€5,546 | -66.1% |
| Operating profit (loss) | 9901 | €2,342 | -€598 | -€2,940 | |
| Financial charges | 65/66B | €245 | €254 | +€10 | +3.9% |
| Recurring financial charges | 65 | €245 | €254 | +€10 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €2,097 | -€853 | -€2,950 | |
| Income taxes | 67/77 | €2,028 | €577 | -€1,451 | -71.5% |
| Profit (loss) for the period | 9904 | €69 | -€1,430 | -€1,499 | |
| Profit (loss) for the period to be appropriated | 9905 | €69 | -€1,430 | -€1,499 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.