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 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€166,930
2024 · €244,675-€77,745
Equity
€186,799
2024 · €186,869-€70
Cash
€320,461
2024 · €344,754-€24,293
Balance sheet total
€504,189
2024 · €542,770-€38,582
Largest movements
Assets
- Cash -€24,293
down €24,293 (-7.0%), from €344,754 to €320,461
mainly Contributions, distributions and other (-€167,000) and Other debts (-€62,913)
- Tangible fixed assets -€18,035
down €18,035 (-40.8%), from €44,228 to €26,193
of which Furniture and vehicles: -€17,223
- Deferred charges and accrued income +€6,421
up €6,421 (+58.1%), from €11,061 to €17,482
Equity and liabilities
- Other debts -€62,913
down €62,913 (-27.4%), from €229,979 to €167,066
- Tax, wage and social debts +€27,901
up €27,901 (+123.2%), from €22,654 to €50,554
of which Taxes: +€17,331
- Debts after one year -€14,412
down €14,412 (-59.6%), from €24,166 to €9,754
- Trade debts +€13,128
up €13,128 (+41.1%), from €31,972 to €45,100
Income statement
- Gross operating margin -€79,430
down €79,430 (-14.5%), from €546,462 to €467,032
- Staff costs -€5,833
down €5,833 (-2.2%), from €259,767 to €253,935
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
€244,675
Gross operating margin
-€79,430
Staff costs
+€5,833
Depreciation
+€3,361
Write-downs
+€3,000
Other operating charges
-€203
Other operating items
-€13,674
Financial income
-€440
Financial charges
+€1,355
Taxes
+€2,453
Result 2025
€166,930
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
+€159,317
Investment
€0
Financing
-€183,610
Cash 2024
€344,754
From operations (derived)
+€159,317
Net result for the year
+€166,930
Depreciation
+€18,035
Receivables after one year
+€2,112
Receivables within one year
+€563
Deferred charges and accrued income
-€6,421
Trade debts
+€13,128
Tax, wage and social debts
+€27,901
Other debts
-€62,913
Accrued charges and deferred income
-€18
Financing
-€183,610
Debts after one year
-€14,412
Current portion of long-term debt
-€2,148
Short-term financial debts
-€50
Contributions, distributions and other
-€167,000
Cash 2025
€320,461
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €542,770 | €504,189 | -€38,582 | -7.1% |
| Fixed assets | 21/28 | €44,352 | €26,317 | -€18,035 | -40.7% |
| Tangible fixed assets | 22/27 | €44,228 | €26,193 | -€18,035 | -40.8% |
| Plant, machinery and equipment | 23 | €1,370 | €559 | -€812 | -59.2% |
| Furniture and vehicles | 24 | €42,857 | €25,634 | -€17,223 | -40.2% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €498,418 | €477,872 | -€20,546 | -4.1% |
| Amounts receivable after more than one year | 29 | €8,841 | €6,729 | -€2,112 | -23.9% |
| Other amounts receivable | 291 | €8,841 | €6,729 | -€2,112 | -23.9% |
| Amounts receivable within one year | 40/41 | €133,763 | €133,200 | -€563 | -0.4% |
| Trade receivables | 40 | €121,880 | €126,611 | +€4,731 | +3.9% |
| Other amounts receivable | 41 | €11,883 | €6,589 | -€5,294 | -44.5% |
| Cash at bank and in hand | 54/58 | €344,754 | €320,461 | -€24,293 | -7.0% |
| Deferred charges and accrued income | 490/1 | €11,061 | €17,482 | +€6,421 | +58.1% |
| Total equity and liabilities | 10/49 | €542,770 | €504,189 | -€38,582 | -7.1% |
| Equity | 10/15 | €186,869 | €186,799 | -€70 | 0.0% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Outside capital | 11 | €6,605 | €6,605 | = | 0.0% |
| Other | 1109/19 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €179,400 | €179,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €177,500 | €177,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €863 | €794 | -€70 | -8.1% |
| Amounts payable | 17/49 | €355,901 | €317,389 | -€38,512 | -10.8% |
| Amounts payable after more than one year | 17 | €24,166 | €9,754 | -€14,412 | -59.6% |
| Financial debts | 170/4 | €24,166 | €9,754 | -€14,412 | -59.6% |
| Amounts payable within one year | 42/48 | €330,584 | €306,502 | -€24,082 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €16,560 | €14,412 | -€2,148 | -13.0% |
| Financial debts | 43 | €29,419 | €29,369 | -€50 | -0.2% |
| Credit institutions | 430/8 | €29,419 | €29,369 | -€50 | -0.2% |
| Trade debts | 44 | €31,972 | €45,100 | +€13,128 | +41.1% |
| Suppliers | 440/4 | €31,972 | €45,100 | +€13,128 | +41.1% |
| Taxes, remuneration and social security | 45 | €22,654 | €50,554 | +€27,901 | +123.2% |
| Taxes | 450/3 | €6,387 | €23,718 | +€17,331 | +271.4% |
| Remuneration and social security | 454/9 | €16,267 | €26,837 | +€10,570 | +65.0% |
| Other amounts payable | 47/48 | €229,979 | €167,066 | -€62,913 | -27.4% |
| Accrued charges and deferred income | 492/3 | €1,151 | €1,134 | -€18 | -1.5% |
| Non-recurring operating income | 76A | €421 | - | -€421 | |
| Remuneration, social security and pensions | 62 | €259,767 | €253,935 | -€5,833 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,396 | €18,035 | -€3,361 | -15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,500 | -€1,500 | -€3,000 | |
| Other operating charges | 640/8 | €2,454 | €2,656 | +€203 | +8.3% |
| Non-recurring operating charges | 66A | €4,000 | €17,674 | +€13,674 | +341.8% |
| Gross operating margin | 9900 | €546,462 | €467,032 | -€79,430 | -14.5% |
| Operating profit (loss) | 9901 | €257,345 | €176,232 | -€81,113 | -31.5% |
| Financial income | 75/76B | €1,976 | €1,537 | -€440 | -22.2% |
| Recurring financial income | 75 | €1,976 | €1,537 | -€440 | -22.2% |
| Financial charges | 65/66B | €4,310 | €2,955 | -€1,355 | -31.4% |
| Recurring financial charges | 65 | €4,310 | €2,955 | -€1,355 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €255,011 | €174,814 | -€80,198 | -31.4% |
| Income taxes | 67/77 | €10,336 | €7,883 | -€2,453 | -23.7% |
| Profit (loss) for the period | 9904 | €244,675 | €166,930 | -€77,745 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €244,675 | €166,930 | -€77,745 | -31.8% |
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 3 October 2026 via checked.be.