ECOGEST: 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.
What changed
ECOGEST
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€56,267
2024 · €57,533-€1,266
Equity
€521,254
2024 · €517,860+€3,394
Cash
€11,983
2024 · €8,605+€3,379
Balance sheet total
€842,637
2024 · €819,932+€22,705
Largest movements
Assets
- Tangible fixed assets +€16,812
up €16,812 (+3.1%), from €542,895 to €559,707
of which Leasing and similar rights: +€51,104
Equity and liabilities
- Accrued charges and deferred income -€24,846
down €24,846 (-25.6%), from €97,152 to €72,306
- Current portion of long-term debt +€20,708
up €20,708 (+84.8%), from €24,416 to €45,124
- Trade debts +€13,948
up €13,948 (+259.0%), from €5,385 to €19,334
- Debts after one year +€9,029
up €9,029 (+5.8%), from €154,778 to €163,808
Income statement
- Depreciation +€10,100
up €10,100 (+27.2%), from €37,065 to €47,165
- Gross operating margin +€7,210
up €7,210 (+5.5%), from €131,942 to €139,152
- Taxes -€2,249
down €2,249 (-7.7%), from €29,041 to €26,791
- Other operating charges +€1,912
up €1,912 (+24.7%), from €7,745 to €9,657
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.
Result 2024
€57,533
Gross operating margin
+€7,210
Depreciation
-€10,100
Other operating charges
-€1,912
Financial income
+€1,235
Financial charges
+€51
Taxes
+€2,249
Result 2025
€56,267
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.
From operations
+€94,202
Investment
-€67,674
Financing
-€23,150
Cash 2024
€8,605
From operations (derived)
+€94,202
Net result for the year
+€56,267
Depreciation
+€47,165
Receivables within one year
+€3,498
Deferred charges and accrued income
-€2,316
Trade debts
+€13,948
Tax, wage and social debts
+€484
Accrued charges and deferred income
-€24,846
Investment (derived)
-€67,674
Investment in fixed assets (net)
-€63,977
Current investments
-€3,697
Financing
-€23,150
Debts after one year
+€9,029
Current portion of long-term debt
+€20,708
Short-term financial debts
-€13
Contributions, distributions and other
-€52,874
Cash 2025
€11,983
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €819,932 | €842,637 | +€22,705 | +2.8% |
| Fixed assets | 21/28 | €542,895 | €559,707 | +€16,812 | +3.1% |
| Tangible fixed assets | 22/27 | €542,895 | €559,707 | +€16,812 | +3.1% |
| Land and buildings | 22 | €519,083 | €492,449 | -€26,634 | -5.1% |
| Plant, machinery and equipment | 23 | €923 | €927 | +€3 | +0.4% |
| Furniture and vehicles | 24 | €22,889 | €15,227 | -€7,662 | -33.5% |
| Leasing and similar rights | 25 | - | €51,104 | +€51,104 | |
| Current assets | 29/58 | €277,037 | €282,930 | +€5,893 | +2.1% |
| Amounts receivable within one year | 40/41 | €136,082 | €132,584 | -€3,498 | -2.6% |
| Trade receivables | 40 | €41,660 | €42,974 | +€1,315 | +3.2% |
| Other amounts receivable | 41 | €94,422 | €89,609 | -€4,813 | -5.1% |
| Current investments | 50/53 | €127,138 | €130,835 | +€3,697 | +2.9% |
| Cash at bank and in hand | 54/58 | €8,605 | €11,983 | +€3,379 | +39.3% |
| Deferred charges and accrued income | 490/1 | €5,212 | €7,528 | +€2,316 | +44.4% |
| Total equity and liabilities | 10/49 | €819,932 | €842,637 | +€22,705 | +2.8% |
| Equity | 10/15 | €517,860 | €521,254 | +€3,394 | +0.7% |
| Contributions | 10/11 | €23,930 | €23,930 | = | 0.0% |
| Capital | 10 | €6,999 | €6,999 | = | 0.0% |
| Issued capital | 100 | €6,999 | €6,999 | = | 0.0% |
| Outside capital | 11 | €16,931 | €16,931 | = | 0.0% |
| Other | 1109/19 | €16,931 | €16,931 | = | 0.0% |
| Reserves | 13 | €447,584 | €450,978 | +€3,394 | +0.8% |
| Non-distributable reserves | 130/1 | €47,100 | €47,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €47,100 | €47,100 | = | 0.0% |
| Distributable reserves | 133 | €400,484 | €403,878 | +€3,394 | +0.8% |
| Profit (loss) carried forward | 14 | €46,347 | €46,347 | = | 0.0% |
| Amounts payable | 17/49 | €302,072 | €321,383 | +€19,311 | +6.4% |
| Amounts payable after more than one year | 17 | €154,778 | €163,808 | +€9,029 | +5.8% |
| Financial debts | 170/4 | €154,778 | €163,808 | +€9,029 | +5.8% |
| Amounts payable within one year | 42/48 | €50,142 | €85,269 | +€35,127 | +70.1% |
| Current portion of amounts payable after more than one year | 42 | €24,416 | €45,124 | +€20,708 | +84.8% |
| Financial debts | 43 | €13 | - | -€13 | |
| Credit institutions | 430/8 | €13 | - | -€13 | |
| Trade debts | 44 | €5,385 | €19,334 | +€13,948 | +259.0% |
| Suppliers | 440/4 | €5,385 | €19,334 | +€13,948 | +259.0% |
| Taxes, remuneration and social security | 45 | €20,327 | €20,811 | +€484 | +2.4% |
| Taxes | 450/3 | €20,327 | €20,811 | +€484 | +2.4% |
| Accrued charges and deferred income | 492/3 | €97,152 | €72,306 | -€24,846 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,065 | €47,165 | +€10,100 | +27.2% |
| Other operating charges | 640/8 | €7,745 | €9,657 | +€1,912 | +24.7% |
| Gross operating margin | 9900 | €131,942 | €139,152 | +€7,210 | +5.5% |
| Operating profit (loss) | 9901 | €87,131 | €82,329 | -€4,802 | -5.5% |
| Financial income | 75/76B | €5,077 | €6,313 | +€1,235 | +24.3% |
| Recurring financial income | 75 | €5,077 | €6,313 | +€1,235 | +24.3% |
| Financial charges | 65/66B | €5,634 | €5,584 | -€51 | -0.9% |
| Recurring financial charges | 65 | €5,634 | €5,584 | -€51 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €86,574 | €83,058 | -€3,515 | -4.1% |
| Income taxes | 67/77 | €29,041 | €26,791 | -€2,249 | -7.7% |
| Profit (loss) for the period | 9904 | €57,533 | €56,267 | -€1,266 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,533 | €56,267 | -€1,266 | -2.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.