ECOLAIR SA: 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.
ECOLAIR SA
Largest movements
- Receivables within one year -€61,573
down €61,573 (-59.1%), from €104,214 to €42,641
of which Other amounts receivable: -€64,990
- Stocks and contracts +€12,795
up €12,795 (+68.0%), from €18,813 to €31,608
- Intangible fixed assets -€11,700
down €11,700 (-6.3%), from €187,200 to €175,500
- Other debts -€272,968
down €272,968 (-66.7%), from €409,193 to €136,225
- Contributions +€268,750
up €268,750 (+860%), from €31,250 to €300,000
- Profit (loss) carried forward -€65,521
down €65,521 (-41.0%), from -€159,928 to -€225,449
- Short-term financial debts +€49,000
new in 2025: €49,000
- Trade debts -€44,147
down €44,147 (-73.6%), from €59,950 to €15,803
- Gross operating margin -€12,430
down €12,430 (-66.0%), from -€18,828 to -€31,258
- Depreciation +€2,565
up €2,565 (+15.5%), from €16,600 to €19,165
- Other operating charges +€2,450
up €2,450 (+3,063%), from €80 to €2,530
- Financial charges +€2,343
up €2,343 (+470%), from €498 to €2,841
- Taxes -€1,140
down €1,140, from €546 to -€594
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,899 | €284,124 | -€56,775 | -16.7% |
| Fixed assets | 21/28 | €216,600 | €206,079 | -€10,521 | -4.9% |
| Intangible fixed assets | 21 | €187,200 | €175,500 | -€11,700 | -6.3% |
| Tangible fixed assets | 22/27 | €29,400 | €30,579 | +€1,179 | +4.0% |
| Land and buildings | 22 | €29,400 | €24,500 | -€4,900 | -16.7% |
| Plant, machinery and equipment | 23 | - | €2,844 | +€2,844 | |
| Furniture and vehicles | 24 | - | €3,235 | +€3,235 | |
| Current assets | 29/58 | €124,299 | €78,045 | -€46,254 | -37.2% |
| Stocks and contracts in progress | 3 | €18,813 | €31,608 | +€12,795 | +68.0% |
| Stocks | 30/36 | €18,813 | €31,608 | +€12,795 | +68.0% |
| Amounts receivable within one year | 40/41 | €104,214 | €42,641 | -€61,573 | -59.1% |
| Trade receivables | 40 | €3,274 | €6,691 | +€3,417 | +104% |
| Other amounts receivable | 41 | €100,940 | €35,950 | -€64,990 | -64.4% |
| Current investments | 50/53 | €1,272 | €3,796 | +€2,524 | +198% |
| Total equity and liabilities | 10/49 | €340,899 | €284,124 | -€56,775 | -16.7% |
| Equity | 10/15 | -€128,615 | €81,123 | +€209,738 | |
| Contributions | 10/11 | €31,250 | €300,000 | +€268,750 | +860% |
| Reserves | 13 | €63 | €6,572 | +€6,509 | +10,332% |
| Non-distributable reserves | 130/1 | €63 | €6,572 | +€6,509 | +10,332% |
| Reserves not available under the articles | 1311 | €63 | €6,572 | +€6,509 | +10,332% |
| Profit (loss) carried forward | 14 | -€159,928 | -€225,449 | -€65,521 | -41.0% |
| Amounts payable | 17/49 | €469,514 | €203,001 | -€266,513 | -56.8% |
| Amounts payable within one year | 42/48 | €469,514 | €203,001 | -€266,513 | -56.8% |
| Current portion of amounts payable after more than one year | 42 | €237 | €605 | +€368 | +155% |
| Financial debts | 43 | - | €49,000 | +€49,000 | |
| Credit institutions | 430/8 | - | €49,000 | +€49,000 | |
| Trade debts | 44 | €59,950 | €15,803 | -€44,147 | -73.6% |
| Suppliers | 440/4 | €59,950 | €15,803 | -€44,147 | -73.6% |
| Taxes, remuneration and social security | 45 | €134 | €1,368 | +€1,234 | +921% |
| Taxes | 450/3 | €134 | €1,368 | +€1,234 | +921% |
| Other amounts payable | 47/48 | €409,193 | €136,225 | -€272,968 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,600 | €19,165 | +€2,565 | +15.5% |
| Other operating charges | 640/8 | €80 | €2,530 | +€2,450 | +3,063% |
| Non-recurring operating charges | 66A | - | €2 | +€2 | |
| Gross operating margin | 9900 | -€18,828 | -€31,258 | -€12,430 | -66.0% |
| Operating profit (loss) | 9901 | -€35,508 | -€52,955 | -€17,447 | -49.1% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €498 | €2,841 | +€2,343 | +470% |
| Recurring financial charges | 65 | €498 | €2,841 | +€2,343 | +470% |
| Profit (loss) for the period before taxes | 9903 | -€35,990 | -€55,796 | -€19,806 | -55.0% |
| Income taxes | 67/77 | €546 | -€594 | -€1,140 | |
| Profit (loss) for the period | 9904 | -€36,536 | -€55,202 | -€18,666 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,536 | -€55,202 | -€18,666 | -51.1% |
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 25 October 2026 via checked.be.