ECOGY: 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.
ECOGY
Largest movements
- Receivables within one year +€42,688
up €42,688 (+50.9%), from €83,791 to €126,479
of which Other amounts receivable: +€53,898
- Stocks and contracts -€25,180
down €25,180 (-62.0%), from €40,588 to €15,408
- Tangible fixed assets -€5,350
down €5,350 (-5.8%), from €92,054 to €86,704
of which Furniture and vehicles: -€3,273
- Debts after one year -€39,997
down €39,997 (-21.9%), from €182,565 to €142,568
- Trade debts +€18,584
up €18,584 (+75.7%), from €24,547 to €43,131
- Tax, wage and social debts +€15,405
up €15,405 (+727.0%), from €2,119 to €17,523
- Profit (loss) carried forward +€13,877
up €13,877 (+34.8%), from €39,891 to €53,769
- Short-term financial debts +€4,596
new in 2025: €4,596
- Other operating charges -€39,718
down €39,718 (-97.2%), from €40,876 to €1,158
- Gross operating margin -€19,520
down €19,520 (-22.9%), from €85,327 to €65,807
- Taxes +€8,586
up €8,586 (+578.6%), from €1,484 to €10,070
- Financial income +€4,311
up €4,311 (+1158.6%), from €372 to €4,683
- Depreciation +€3,722
up €3,722 (+13.5%), from €27,472 to €31,194
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 | €379,648 | €384,866 | +€5,218 | +1.4% |
| Fixed assets | 21/28 | €251,302 | €242,276 | -€9,026 | -3.6% |
| Intangible fixed assets | 21 | €3,798 | €122 | -€3,676 | -96.8% |
| Tangible fixed assets | 22/27 | €92,054 | €86,704 | -€5,350 | -5.8% |
| Plant, machinery and equipment | 23 | €3,511 | €3,363 | -€149 | -4.2% |
| Furniture and vehicles | 24 | €78,683 | €75,410 | -€3,273 | -4.2% |
| Other tangible fixed assets | 26 | €9,860 | €7,932 | -€1,928 | -19.6% |
| Financial fixed assets | 28 | €155,450 | €155,450 | = | 0.0% |
| Current assets | 29/58 | €128,346 | €142,590 | +€14,244 | +11.1% |
| Stocks and contracts in progress | 3 | €40,588 | €15,408 | -€25,180 | -62.0% |
| Stocks | 30/36 | €40,588 | €15,408 | -€25,180 | -62.0% |
| Amounts receivable within one year | 40/41 | €83,791 | €126,479 | +€42,688 | +50.9% |
| Trade receivables | 40 | €29,082 | €17,872 | -€11,210 | -38.5% |
| Other amounts receivable | 41 | €54,709 | €108,607 | +€53,898 | +98.5% |
| Cash at bank and in hand | 54/58 | €3,968 | €704 | -€3,264 | -82.3% |
| Total equity and liabilities | 10/49 | €379,648 | €384,866 | +€5,218 | +1.4% |
| Equity | 10/15 | €58,491 | €72,369 | +€13,877 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,891 | €53,769 | +€13,877 | +34.8% |
| Amounts payable | 17/49 | €321,157 | €312,497 | -€8,659 | -2.7% |
| Amounts payable after more than one year | 17 | €182,565 | €142,568 | -€39,997 | -21.9% |
| Financial debts | 170/4 | €182,565 | €142,568 | -€39,997 | -21.9% |
| Amounts payable within one year | 42/48 | €131,667 | €164,022 | +€32,355 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €57,427 | €55,635 | -€1,793 | -3.1% |
| Financial debts | 43 | - | €4,596 | +€4,596 | |
| Credit institutions | 430/8 | - | €4,596 | +€4,596 | |
| Trade debts | 44 | €24,547 | €43,131 | +€18,584 | +75.7% |
| Suppliers | 440/4 | €24,547 | €43,131 | +€18,584 | +75.7% |
| Taxes, remuneration and social security | 45 | €2,119 | €17,523 | +€15,405 | +727.0% |
| Taxes | 450/3 | €2,119 | €17,523 | +€15,405 | +727.0% |
| Other amounts payable | 47/48 | €47,574 | €43,136 | -€4,438 | -9.3% |
| Accrued charges and deferred income | 492/3 | €6,924 | €5,908 | -€1,017 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,472 | €31,194 | +€3,722 | +13.5% |
| Other operating charges | 640/8 | €40,876 | €1,158 | -€39,718 | -97.2% |
| Gross operating margin | 9900 | €85,327 | €65,807 | -€19,520 | -22.9% |
| Operating profit (loss) | 9901 | €16,979 | €33,456 | +€16,477 | +97.0% |
| Financial income | 75/76B | €372 | €4,683 | +€4,311 | +1158.6% |
| Recurring financial income | 75 | €372 | €4,683 | +€4,311 | +1158.6% |
| Financial charges | 65/66B | €16,414 | €14,191 | -€2,222 | -13.5% |
| Recurring financial charges | 65 | €16,414 | €14,191 | -€2,222 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €938 | €23,947 | +€23,009 | +2454.1% |
| Income taxes | 67/77 | €1,484 | €10,070 | +€8,586 | +578.6% |
| Profit (loss) for the period | 9904 | -€546 | €13,877 | +€14,424 | |
| Profit (loss) for the period to be appropriated | 9905 | -€546 | €13,877 | +€14,424 |
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 29 September 2026 via checked.be.