ECOGRID: 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.
ECOGRID
Largest movements
- Receivables within one year +€14,444
up €14,444 (+71.9%), from €20,076 to €34,520
of which Trade receivables: +€11,880
- Cash +€12,634
up €12,634 (+3.4%), from €368,821 to €381,456
mainly Net result for the year (+€76,478) and Other debts (+€42,886)
- Receivables after one year -€5,061
down €5,061 (-30.2%), from €16,764 to €11,703
- Other debts +€42,886
up €42,886 (+120%), from €35,781 to €78,668
- Tax, wage and social debts -€16,047
down €16,047 (-85.5%), from €18,766 to €2,719
- Reserves -€5,528
down €5,528 (-1.6%), from €339,881 to €334,353
- Gross operating margin -€13,196
down €13,196 (-10.1%), from €130,562 to €117,366
- Financial charges +€2,478
up €2,478 (+2,644%), from €94 to €2,572
- Taxes -€1,888
down €1,888 (-4.8%), from €39,056 to €37,168
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 | €407,548 | €429,318 | +€21,770 | +5.3% |
| Fixed assets | 21/28 | €1,004 | €1,472 | +€469 | +46.7% |
| Tangible fixed assets | 22/27 | €954 | €1,422 | +€469 | +49.1% |
| Plant, machinery and equipment | 23 | €954 | €1,422 | +€469 | +49.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €406,544 | €427,845 | +€21,301 | +5.2% |
| Amounts receivable after more than one year | 29 | €16,764 | €11,703 | -€5,061 | -30.2% |
| Other amounts receivable | 291 | €16,764 | €11,703 | -€5,061 | -30.2% |
| Amounts receivable within one year | 40/41 | €20,076 | €34,520 | +€14,444 | +71.9% |
| Trade receivables | 40 | €14,746 | €26,626 | +€11,880 | +80.6% |
| Other amounts receivable | 41 | €5,330 | €7,893 | +€2,564 | +48.1% |
| Cash at bank and in hand | 54/58 | €368,821 | €381,456 | +€12,634 | +3.4% |
| Deferred charges and accrued income | 490/1 | €883 | €167 | -€716 | -81.1% |
| Total equity and liabilities | 10/49 | €407,548 | €429,318 | +€21,770 | +5.3% |
| Equity | 10/15 | €352,281 | €346,753 | -€5,528 | -1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €339,881 | €334,353 | -€5,528 | -1.6% |
| Distributable reserves | 133 | €339,881 | €334,353 | -€5,528 | -1.6% |
| Amounts payable | 17/49 | €55,267 | €82,565 | +€27,298 | +49.4% |
| Amounts payable within one year | 42/48 | €55,267 | €82,565 | +€27,298 | +49.4% |
| Trade debts | 44 | €719 | €1,178 | +€459 | +63.9% |
| Suppliers | 440/4 | €719 | €1,178 | +€459 | +63.9% |
| Taxes, remuneration and social security | 45 | €18,766 | €2,719 | -€16,047 | -85.5% |
| Taxes | 450/3 | €18,766 | €2,719 | -€16,047 | -85.5% |
| Other amounts payable | 47/48 | €35,781 | €78,668 | +€42,886 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €644 | -€53 | -7.6% |
| Other operating charges | 640/8 | €726 | €845 | +€118 | +16.3% |
| Gross operating margin | 9900 | €130,562 | €117,366 | -€13,196 | -10.1% |
| Operating profit (loss) | 9901 | €129,139 | €115,877 | -€13,262 | -10.3% |
| Financial income | 75/76B | €419 | €341 | -€78 | -18.7% |
| Recurring financial income | 75 | €419 | €341 | -€78 | -18.7% |
| Financial charges | 65/66B | €94 | €2,572 | +€2,478 | +2,644% |
| Recurring financial charges | 65 | €94 | €2,572 | +€2,478 | +2,644% |
| Profit (loss) for the period before taxes | 9903 | €129,464 | €113,646 | -€15,818 | -12.2% |
| Income taxes | 67/77 | €39,056 | €37,168 | -€1,888 | -4.8% |
| Profit (loss) for the period | 9904 | €90,408 | €76,478 | -€13,930 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,408 | €76,478 | -€13,930 | -15.4% |
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 16 October 2026 via checked.be.