ECOFINA: 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.
ECOFINA
Largest movements
- Receivables within one year -€1,331
down €1,331 (-19.7%), from €6,764 to €5,433
of which Trade receivables: -€1,131
- Tangible fixed assets +€1,262
new in 2025: €1,262
- Deferred charges and accrued income -€689
no longer reported in 2025 (was €689)
- Trade debts -€1,268
down €1,268 (-87.6%), from €1,447 to €179
- Tax, wage and social debts +€865
new in 2025: €865
- Accrued charges and deferred income -€500
no longer reported in 2025 (was €500)
- Depreciation +€631
new in 2025: €631
- Gross operating margin +€458
up €458 (+20.5%), from €2,235 to €2,693
- Other operating charges +€253
up €253 (+26.1%), from €969 to €1,222
- Taxes -€124
down €124 (-14.1%), from €876 to €752
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.
Derived cash bridge
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 | €29,926 | €29,065 | -€861 | -2.9% |
| Fixed assets | 21/28 | - | €1,262 | +€1,262 | |
| Tangible fixed assets | 22/27 | - | €1,262 | +€1,262 | |
| Furniture and vehicles | 24 | - | €1,262 | +€1,262 | |
| Current assets | 29/58 | €29,926 | €27,803 | -€2,123 | -7.1% |
| Amounts receivable within one year | 40/41 | €6,764 | €5,433 | -€1,331 | -19.7% |
| Trade receivables | 40 | €4,131 | €3,000 | -€1,131 | -27.4% |
| Other amounts receivable | 41 | €2,633 | €2,433 | -€200 | -7.6% |
| Cash at bank and in hand | 54/58 | €22,472 | €22,370 | -€102 | -0.5% |
| Deferred charges and accrued income | 490/1 | €689 | - | -€689 | |
| Total equity and liabilities | 10/49 | €29,926 | €29,065 | -€861 | -2.9% |
| Equity | 10/15 | €27,979 | €28,021 | +€42 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,379 | €9,421 | +€42 | +0.4% |
| Distributable reserves | 133 | €9,379 | €9,421 | +€42 | +0.4% |
| Amounts payable | 17/49 | €1,947 | €1,044 | -€903 | -46.4% |
| Amounts payable within one year | 42/48 | €1,447 | €1,044 | -€403 | -27.8% |
| Trade debts | 44 | €1,447 | €179 | -€1,268 | -87.6% |
| Suppliers | 440/4 | €1,447 | €179 | -€1,268 | -87.6% |
| Taxes, remuneration and social security | 45 | - | €865 | +€865 | |
| Taxes | 450/3 | - | €865 | +€865 | |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €631 | +€631 | |
| Other operating charges | 640/8 | €969 | €1,222 | +€253 | +26.1% |
| Gross operating margin | 9900 | €2,235 | €2,693 | +€458 | +20.5% |
| Operating profit (loss) | 9901 | €1,266 | €840 | -€426 | -33.6% |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.2% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €1,221 | €794 | -€427 | -35.0% |
| Income taxes | 67/77 | €876 | €752 | -€124 | -14.1% |
| Profit (loss) for the period | 9904 | €345 | €42 | -€303 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €345 | €42 | -€303 | -87.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.