ECOLIGHT SYSTEMS: 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.
ECOLIGHT SYSTEMS
Largest movements
- Receivables within one year -€188,451
down €188,451 (-67.3%), from €280,060 to €91,609
- Tangible fixed assets +€54,975
up €54,975 (+153%), from €36,015 to €90,990
of which Leasing and similar rights: +€65,342
- Cash -€25,472
down €25,472 (-89.9%), from €28,335 to €2,863
mainly Other debts (-€97,069) and Investment in fixed assets (net) (-€80,704)
- Stocks and contracts +€20,292
up €20,292 (+12.0%), from €168,432 to €188,723
- Financial fixed assets +€5,615
up €5,615 (+49.7%), from €11,300 to €16,915
- Other debts -€97,069
down €97,069 (-14.7%), from €658,851 to €561,783
- Short-term financial debts -€69,164
down €69,164 (-76.7%), from €90,164 to €21,000
- Debts after one year +€24,973
up €24,973 (+119%), from €21,000 to €45,973
of which Financial debts: +€45,973
- Current portion of long-term debt +€14,508
new in 2025: €14,508
- Profit (loss) carried forward +€12,111
up €12,111 (+1.9%), from -€645,011 to -€632,900
- Gross operating margin +€36,152
up €36,152 (+25.9%), from €139,669 to €175,821
- Other operating charges +€14,273
up €14,273 (+76.7%), from €18,609 to €32,882
- Depreciation +€10,586
up €10,586 (+111%), from €9,528 to €20,113
- Staff costs +€7,489
up €7,489 (+7.8%), from €96,544 to €104,033
- Financial charges +€4,101
up €4,101 (+298%), from €1,378 to €5,480
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 | €524,141 | €394,666 | -€129,475 | -24.7% |
| Fixed assets | 21/28 | €47,315 | €107,905 | +€60,590 | +128% |
| Tangible fixed assets | 22/27 | €36,015 | €90,990 | +€54,975 | +153% |
| Land and buildings | 22 | €4,121 | €2,339 | -€1,782 | -43.2% |
| Plant, machinery and equipment | 23 | €12,591 | €6,210 | -€6,382 | -50.7% |
| Furniture and vehicles | 24 | €19,303 | €17,100 | -€2,203 | -11.4% |
| Leasing and similar rights | 25 | - | €65,342 | +€65,342 | |
| Financial fixed assets | 28 | €11,300 | €16,915 | +€5,615 | +49.7% |
| Current assets | 29/58 | €476,826 | €286,761 | -€190,065 | -39.9% |
| Stocks and contracts in progress | 3 | €168,432 | €188,723 | +€20,292 | +12.0% |
| Stocks | 30/36 | €168,432 | €188,723 | +€20,292 | +12.0% |
| Amounts receivable within one year | 40/41 | €280,060 | €91,609 | -€188,451 | -67.3% |
| Trade receivables | 40 | €280,060 | €91,609 | -€188,451 | -67.3% |
| Cash at bank and in hand | 54/58 | €28,335 | €2,863 | -€25,472 | -89.9% |
| Deferred charges and accrued income | 490/1 | - | €3,566 | +€3,566 | |
| Total equity and liabilities | 10/49 | €524,141 | €394,666 | -€129,475 | -24.7% |
| Equity | 10/15 | -€293,011 | -€280,900 | +€12,111 | +4.1% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,000 | €32,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€645,011 | -€632,900 | +€12,111 | +1.9% |
| Amounts payable | 17/49 | €817,153 | €675,566 | -€141,587 | -17.3% |
| Amounts payable after more than one year | 17 | €21,000 | €45,973 | +€24,973 | +119% |
| Financial debts | 170/4 | - | €45,973 | +€45,973 | |
| Trade debts | 175 | €21,000 | - | -€21,000 | |
| Amounts payable within one year | 42/48 | €796,153 | €629,593 | -€166,559 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | - | €14,508 | +€14,508 | |
| Financial debts | 43 | €90,164 | €21,000 | -€69,164 | -76.7% |
| Credit institutions | 430/8 | €90,164 | €21,000 | -€69,164 | -76.7% |
| Trade debts | 44 | €22,280 | €12,137 | -€10,143 | -45.5% |
| Suppliers | 440/4 | €22,280 | €12,137 | -€10,143 | -45.5% |
| Taxes, remuneration and social security | 45 | €24,857 | €20,166 | -€4,691 | -18.9% |
| Taxes | 450/3 | €24,857 | €17,047 | -€7,810 | -31.4% |
| Remuneration and social security | 454/9 | - | €3,119 | +€3,119 | |
| Other amounts payable | 47/48 | €658,851 | €561,783 | -€97,069 | -14.7% |
| Non-recurring operating income | 76A | €17,761 | €31,170 | +€13,410 | +75.5% |
| Remuneration, social security and pensions | 62 | €96,544 | €104,033 | +€7,489 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,528 | €20,113 | +€10,586 | +111% |
| Other operating charges | 640/8 | €18,609 | €32,882 | +€14,273 | +76.7% |
| Non-recurring operating charges | 66A | - | €4,828 | +€4,828 | |
| Gross operating margin | 9900 | €139,669 | €175,821 | +€36,152 | +25.9% |
| Operating profit (loss) | 9901 | €14,988 | €13,965 | -€1,023 | -6.8% |
| Financial income | 75/76B | €270 | €4,308 | +€4,038 | +1,495% |
| Recurring financial income | 75 | €270 | €4,308 | +€4,038 | +1,495% |
| Financial charges | 65/66B | €1,378 | €5,480 | +€4,101 | +298% |
| Recurring financial charges | 65 | €1,378 | €5,480 | +€4,101 | +298% |
| Profit (loss) for the period before taxes | 9903 | €13,880 | €12,794 | -€1,086 | -7.8% |
| Income taxes | 67/77 | €986 | €683 | -€303 | -30.8% |
| Profit (loss) for the period | 9904 | €12,894 | €12,111 | -€783 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,894 | €12,111 | -€783 | -6.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.