ECOJET: 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.
ECOJET
Largest movements
- Tangible fixed assets -€109,984
down €109,984 (-31.8%), from €346,108 to €236,124
- Receivables within one year -€21,924
down €21,924 (-16.8%), from €130,718 to €108,794
of which Trade receivables: -€21,525
- Cash +€9,099
up €9,099 (+105.4%), from €8,633 to €17,732
mainly Depreciation (+€109,984) and Other debts (+€41,433)
- Profit (loss) carried forward -€101,440
down €101,440 (-48.3%), from -€210,134 to -€311,574
- Other debts +€41,433
up €41,433 (+16.7%), from €248,385 to €289,818
- Current portion of long-term debt -€38,370
no longer reported in 2024 (was €38,370)
- Accrued charges and deferred income -€21,687
down €21,687 (-70.4%), from €30,789 to €9,102
- Debts after one year -€12,361
down €12,361 (-4.8%), from €259,838 to €247,477
- Gross operating margin -€92,316
down €92,316 (-72.2%), from €127,777 to €35,462
- Other operating charges -€5,592
down €5,592 (-90.2%), from €6,196 to €604
- Depreciation +€4,327
up €4,327 (+4.1%), from €105,658 to €109,984
- Write-downs -€1,747
down €1,747 (-33.9%), from €5,145 to €3,398
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,445 | €368,380 | -€123,065 | -25.0% |
| Fixed assets | 21/28 | €348,441 | €238,457 | -€109,984 | -31.6% |
| Tangible fixed assets | 22/27 | €346,108 | €236,124 | -€109,984 | -31.8% |
| Furniture and vehicles | 24 | €346,108 | €236,124 | -€109,984 | -31.8% |
| Financial fixed assets | 28 | €2,333 | €2,333 | = | 0.0% |
| Current assets | 29/58 | €143,004 | €129,923 | -€13,081 | -9.1% |
| Amounts receivable within one year | 40/41 | €130,718 | €108,794 | -€21,924 | -16.8% |
| Trade receivables | 40 | €129,946 | €108,421 | -€21,525 | -16.6% |
| Other amounts receivable | 41 | €772 | €373 | -€399 | -51.7% |
| Cash at bank and in hand | 54/58 | €8,633 | €17,732 | +€9,099 | +105.4% |
| Deferred charges and accrued income | 490/1 | €3,653 | €3,397 | -€256 | -7.0% |
| Total equity and liabilities | 10/49 | €491,445 | €368,380 | -€123,065 | -25.0% |
| Equity | 10/15 | -€138,634 | -€240,074 | -€101,440 | -73.2% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,134 | -€311,574 | -€101,440 | -48.3% |
| Amounts payable | 17/49 | €630,079 | €608,454 | -€21,625 | -3.4% |
| Amounts payable after more than one year | 17 | €259,838 | €247,477 | -€12,361 | -4.8% |
| Financial debts | 170/4 | €259,838 | €247,477 | -€12,361 | -4.8% |
| Amounts payable within one year | 42/48 | €339,452 | €351,875 | +€12,423 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €38,370 | - | -€38,370 | |
| Trade debts | 44 | €52,697 | €62,058 | +€9,361 | +17.8% |
| Suppliers | 440/4 | €52,697 | €62,058 | +€9,361 | +17.8% |
| Other amounts payable | 47/48 | €248,385 | €289,818 | +€41,433 | +16.7% |
| Accrued charges and deferred income | 492/3 | €30,789 | €9,102 | -€21,687 | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,658 | €109,984 | +€4,327 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,145 | €3,398 | -€1,747 | -33.9% |
| Other operating charges | 640/8 | €6,196 | €604 | -€5,592 | -90.2% |
| Gross operating margin | 9900 | €127,777 | €35,462 | -€92,316 | -72.2% |
| Operating profit (loss) | 9901 | €10,778 | -€78,525 | -€89,304 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €21,973 | €22,931 | +€958 | +4.4% |
| Recurring financial charges | 65 | €21,973 | €22,931 | +€958 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,195 | -€101,440 | -€90,245 | -806.1% |
| Profit (loss) for the period | 9904 | -€11,195 | -€101,440 | -€90,245 | -806.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,195 | -€101,440 | -€90,245 | -806.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.