ECOKURK: 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.
ECOKURK
Largest movements
- Receivables within one year +€24,135
up €24,135 (+185%), from €13,023 to €37,158
of which Trade receivables: +€19,842
- Tangible fixed assets +€17,151
up €17,151 (+98.0%), from €17,498 to €34,649
of which Plant, machinery and equipment: +€12,694
- Cash +€14,519
up €14,519, from €0 to €14,519
mainly Net result for the year (+€26,921) and Trade debts (+€20,443)
- Stocks and contracts -€4,190
down €4,190 (-51.6%), from €8,120 to €3,930
- Trade debts +€20,443
up €20,443 (+118%), from €17,372 to €37,815
- Profit (loss) carried forward +€15,158
up €15,158, from -€15,158 to €0
- Reserves +€11,763
up €11,763 (+46.6%), from €25,253 to €37,016
of which Distributable reserves: +€11,763
- Debts after one year +€10,384
up €10,384, from €0 to €10,384
- Short-term financial debts -€5,212
down €5,212 (-100%), from €5,212 to €0
- Staff costs -€92,850
down €92,850 (-88.2%), from €105,329 to €12,479
- Gross operating margin -€46,402
down €46,402 (-45.5%), from €101,897 to €55,495
- Taxes +€4,711
up €4,711, from €0 to €4,711
- Depreciation +€1,643
up €1,643 (+27.9%), from €5,889 to €7,532
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 | €42,196 | €94,322 | +€52,125 | +124% |
| Fixed assets | 21/28 | €17,498 | €34,649 | +€17,151 | +98.0% |
| Tangible fixed assets | 22/27 | €17,498 | €34,649 | +€17,151 | +98.0% |
| Plant, machinery and equipment | 23 | €6,509 | €19,203 | +€12,694 | +195% |
| Furniture and vehicles | 24 | €10,990 | €15,446 | +€4,457 | +40.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €24,698 | €59,673 | +€34,975 | +142% |
| Stocks and contracts in progress | 3 | €8,120 | €3,930 | -€4,190 | -51.6% |
| Stocks | 30/36 | €8,120 | €3,930 | -€4,190 | -51.6% |
| Amounts receivable within one year | 40/41 | €13,023 | €37,158 | +€24,135 | +185% |
| Trade receivables | 40 | €7,428 | €27,270 | +€19,842 | +267% |
| Other amounts receivable | 41 | €5,594 | €9,888 | +€4,293 | +76.7% |
| Cash at bank and in hand | 54/58 | €0 | €14,519 | +€14,519 | |
| Deferred charges and accrued income | 490/1 | €3,555 | €4,066 | +€511 | +14.4% |
| Total equity and liabilities | 10/49 | €42,196 | €94,322 | +€52,125 | +124% |
| Equity | 10/15 | €11,346 | €38,266 | +€26,921 | +237% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €25,253 | €37,016 | +€11,763 | +46.6% |
| Non-distributable reserves | 130/1 | €125 | €125 | = | 0.0% |
| Reserves not available under the articles | 1311 | €125 | €125 | = | 0.0% |
| Tax-exempt reserves | 132 | €14 | €14 | = | 0.0% |
| Distributable reserves | 133 | €25,114 | €36,877 | +€11,763 | +46.8% |
| Profit (loss) carried forward | 14 | -€15,158 | €0 | +€15,158 | |
| Amounts payable | 17/49 | €30,851 | €56,055 | +€25,205 | +81.7% |
| Amounts payable after more than one year | 17 | €0 | €10,384 | +€10,384 | |
| Financial debts | 170/4 | €0 | €10,384 | +€10,384 | |
| Amounts payable within one year | 42/48 | €28,175 | €45,671 | +€17,496 | +62.1% |
| Current portion of amounts payable after more than one year | 42 | €1,179 | €5,145 | +€3,966 | +336% |
| Financial debts | 43 | €5,212 | €0 | -€5,212 | -100% |
| Credit institutions | 430/8 | €5,212 | €0 | -€5,212 | -100% |
| Trade debts | 44 | €17,372 | €37,815 | +€20,443 | +118% |
| Suppliers | 440/4 | €17,372 | €37,815 | +€20,443 | +118% |
| Advances received on contracts in progress | 46 | €2,725 | €0 | -€2,725 | -100% |
| Taxes, remuneration and social security | 45 | €1,687 | €2,711 | +€1,025 | +60.8% |
| Taxes | 450/3 | €0 | €2,711 | +€2,711 | |
| Remuneration and social security | 454/9 | €1,687 | €0 | -€1,687 | -100% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €2,676 | €0 | -€2,676 | -100% |
| Remuneration, social security and pensions | 62 | €105,329 | €12,479 | -€92,850 | -88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,889 | €7,532 | +€1,643 | +27.9% |
| Other operating charges | 640/8 | €2,518 | €2,045 | -€473 | -18.8% |
| Gross operating margin | 9900 | €101,897 | €55,495 | -€46,402 | -45.5% |
| Operating profit (loss) | 9901 | -€11,839 | €33,439 | +€45,278 | |
| Financial income | 75/76B | €404 | €255 | -€149 | -36.9% |
| Recurring financial income | 75 | €404 | €255 | -€149 | -36.9% |
| Financial charges | 65/66B | €1,185 | €2,062 | +€878 | +74.1% |
| Recurring financial charges | 65 | €1,185 | €2,062 | +€878 | +74.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,619 | €31,632 | +€44,251 | |
| Income taxes | 67/77 | €0 | €4,711 | +€4,711 | |
| Profit (loss) for the period | 9904 | -€12,619 | €26,921 | +€39,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,619 | €26,921 | +€39,540 |
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 14 October 2026 via checked.be.