Ecofocus: 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.
Ecofocus
Largest movements
- Receivables after one year +€97,296
new in 2025: €97,296
- Receivables within one year -€14,903
down €14,903 (-31.2%), from €47,697 to €32,794
of which Other amounts receivable: -€30,562
- Intangible fixed assets -€10,000
no longer reported in 2025 (was €10,000)
- Tangible fixed assets -€3,991
down €3,991 (-19.5%), from €20,494 to €16,503
- Cash -€2,927
down €2,927 (-95.4%), from €3,069 to €143
mainly Receivables after one year (-€97,296) and Investment in fixed assets (net) (-€1,260)
- Profit (loss) carried forward +€53,112
up €53,112 (+74.6%), from €71,192 to €124,304
- Tax, wage and social debts +€7,387
up €7,387 (+81.5%), from €9,068 to €16,455
- Trade debts +€4,976
new in 2025: €4,976
- Taxes +€14,739
new in 2025: €14,739
- Gross operating margin -€3,278
down €3,278 (-3.8%), from €86,825 to €83,546
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 | €81,260 | €146,736 | +€65,475 | +80.6% |
| Fixed assets | 21/28 | €30,494 | €16,503 | -€13,991 | -45.9% |
| Intangible fixed assets | 21 | €10,000 | - | -€10,000 | |
| Tangible fixed assets | 22/27 | €20,494 | €16,503 | -€3,991 | -19.5% |
| Furniture and vehicles | 24 | €20,494 | €16,503 | -€3,991 | -19.5% |
| Current assets | 29/58 | €50,767 | €130,233 | +€79,466 | +156.5% |
| Amounts receivable after more than one year | 29 | - | €97,296 | +€97,296 | |
| Other amounts receivable | 291 | - | €97,296 | +€97,296 | |
| Amounts receivable within one year | 40/41 | €47,697 | €32,794 | -€14,903 | -31.2% |
| Trade receivables | 40 | €17,135 | €32,794 | +€15,659 | +91.4% |
| Other amounts receivable | 41 | €30,562 | - | -€30,562 | |
| Cash at bank and in hand | 54/58 | €3,069 | €143 | -€2,927 | -95.4% |
| Total equity and liabilities | 10/49 | €81,260 | €146,736 | +€65,475 | +80.6% |
| Equity | 10/15 | €72,192 | €125,304 | +€53,112 | +73.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | - | -€1,000 | |
| Other | 1109/19 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €71,192 | €124,304 | +€53,112 | +74.6% |
| Amounts payable | 17/49 | €9,068 | €21,431 | +€12,363 | +136.3% |
| Amounts payable within one year | 42/48 | €9,068 | €21,431 | +€12,363 | +136.3% |
| Trade debts | 44 | - | €4,976 | +€4,976 | |
| Suppliers | 440/4 | - | €4,976 | +€4,976 | |
| Taxes, remuneration and social security | 45 | €9,068 | €16,455 | +€7,387 | +81.5% |
| Taxes | 450/3 | €9,068 | €16,455 | +€7,387 | +81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,123 | €15,251 | +€128 | +0.8% |
| Other operating charges | 640/8 | €437 | €371 | -€66 | -15.1% |
| Gross operating margin | 9900 | €86,825 | €83,546 | -€3,278 | -3.8% |
| Operating profit (loss) | 9901 | €71,264 | €67,924 | -€3,340 | -4.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €72 | €74 | +€2 | +2.3% |
| Recurring financial charges | 65 | €72 | €74 | +€2 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €71,192 | €67,850 | -€3,342 | -4.7% |
| Income taxes | 67/77 | - | €14,739 | +€14,739 | |
| Profit (loss) for the period | 9904 | €71,192 | €53,112 | -€18,081 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,192 | €53,112 | -€18,081 | -25.4% |
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 9 October 2026 via checked.be.