Ecofuse: 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.
Ecofuse
Largest movements
- Cash +€335,436
new in 2025: €335,436
mainly Receivables within one year (+€200,047) and Net result for the year (+€77,887)
- Receivables within one year -€200,047
down €200,047 (-82.7%), from €242,000 to €41,954
of which Trade receivables: -€200,575
- Tangible fixed assets +€40,927
up €40,927 (+660.3%), from €6,198 to €47,125
of which Furniture and vehicles: +€23,516
- Current investments -€36,919
no longer reported in 2025 (was €36,919)
- Intangible fixed assets -€21,214
down €21,214 (-35.7%), from €59,420 to €38,206
- Profit (loss) carried forward +€77,887
up €77,887 (+32.8%), from €237,407 to €315,294
- Tax, wage and social debts +€26,910
up €26,910 (+67.6%), from €39,800 to €66,711
of which Taxes: +€16,139
- Trade debts +€12,664
up €12,664 (+92.4%), from €13,712 to €26,377
- Gross operating margin +€177,600
up €177,600 (+111.2%), from €159,718 to €337,318
- Staff costs +€64,252
up €64,252 (+44.0%), from €146,142 to €210,395
- Depreciation -€44,529
down €44,529 (-47.7%), from €93,293 to €48,764
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 | €344,603 | €463,025 | +€118,422 | +34.4% |
| Fixed assets | 21/28 | €65,618 | €85,332 | +€19,713 | +30.0% |
| Intangible fixed assets | 21 | €59,420 | €38,206 | -€21,214 | -35.7% |
| Tangible fixed assets | 22/27 | €6,198 | €47,125 | +€40,927 | +660.3% |
| Plant, machinery and equipment | 23 | €393 | - | -€393 | |
| Furniture and vehicles | 24 | - | €23,516 | +€23,516 | |
| Other tangible fixed assets | 26 | €5,805 | €23,610 | +€17,804 | +306.7% |
| Current assets | 29/58 | €278,985 | €377,693 | +€98,709 | +35.4% |
| Amounts receivable within one year | 40/41 | €242,000 | €41,954 | -€200,047 | -82.7% |
| Trade receivables | 40 | €242,000 | €41,425 | -€200,575 | -82.9% |
| Other amounts receivable | 41 | - | €529 | +€529 | |
| Current investments | 50/53 | €36,919 | - | -€36,919 | |
| Cash at bank and in hand | 54/58 | - | €335,436 | +€335,436 | |
| Deferred charges and accrued income | 490/1 | €66 | €304 | +€238 | +360.8% |
| Total equity and liabilities | 10/49 | €344,603 | €463,025 | +€118,422 | +34.4% |
| Equity | 10/15 | €287,407 | €365,294 | +€77,887 | +27.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €237,407 | €315,294 | +€77,887 | +32.8% |
| Amounts payable | 17/49 | €57,196 | €97,731 | +€40,535 | +70.9% |
| Amounts payable within one year | 42/48 | €55,880 | €96,414 | +€40,533 | +72.5% |
| Trade debts | 44 | €13,712 | €26,377 | +€12,664 | +92.4% |
| Suppliers | 440/4 | €13,712 | €26,377 | +€12,664 | +92.4% |
| Taxes, remuneration and social security | 45 | €39,800 | €66,711 | +€26,910 | +67.6% |
| Taxes | 450/3 | €14,644 | €30,783 | +€16,139 | +110.2% |
| Remuneration and social security | 454/9 | €25,157 | €35,928 | +€10,771 | +42.8% |
| Other amounts payable | 47/48 | €2,367 | €3,326 | +€959 | +40.5% |
| Accrued charges and deferred income | 492/3 | €1,316 | €1,317 | +€1 | +0.1% |
| Remuneration, social security and pensions | 62 | €146,142 | €210,395 | +€64,252 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,293 | €48,764 | -€44,529 | -47.7% |
| Other operating charges | 640/8 | €825 | €1,290 | +€465 | +56.4% |
| Gross operating margin | 9900 | €159,718 | €337,318 | +€177,600 | +111.2% |
| Operating profit (loss) | 9901 | -€80,543 | €76,869 | +€157,411 | |
| Financial income | 75/76B | - | €1,073 | +€1,073 | |
| Recurring financial income | 75 | - | €1,073 | +€1,073 | |
| Financial charges | 65/66B | €370 | €54 | -€316 | -85.3% |
| Recurring financial charges | 65 | €370 | €54 | -€316 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | -€80,913 | €77,887 | +€158,800 | |
| Profit (loss) for the period | 9904 | -€80,913 | €77,887 | +€158,800 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,913 | €77,887 | +€158,800 |
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 2 October 2026 via checked.be.