ECOLOGIC: 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.
ECOLOGIC
Largest movements
- Tangible fixed assets -€18,171
down €18,171 (-15.1%), from €120,524 to €102,353
of which Land and buildings: -€16,151
- Cash +€11,543
up €11,543 (+53.0%), from €21,765 to €33,308
mainly Depreciation (+€18,171)
- Profit (loss) carried forward -€6,396
down €6,396 (-3.0%), from -€213,067 to -€219,463
- Gross operating margin +€1,742
up €1,742 (+14.6%), from €11,917 to €13,659
- Depreciation +€620
up €620 (+3.5%), from €17,551 to €18,171
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 | €351,887 | €345,259 | -€6,628 | -1.9% |
| Fixed assets | 21/28 | €325,036 | €306,865 | -€18,171 | -5.6% |
| Tangible fixed assets | 22/27 | €120,524 | €102,353 | -€18,171 | -15.1% |
| Land and buildings | 22 | €115,733 | €99,583 | -€16,151 | -14.0% |
| Plant, machinery and equipment | 23 | €4,791 | €2,770 | -€2,020 | -42.2% |
| Financial fixed assets | 28 | €204,512 | €204,512 | = | 0.0% |
| Current assets | 29/58 | €26,851 | €38,394 | +€11,543 | +43.0% |
| Current investments | 50/53 | €5,086 | €5,086 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,765 | €33,308 | +€11,543 | +53.0% |
| Total equity and liabilities | 10/49 | €351,887 | €345,259 | -€6,628 | -1.9% |
| Equity | 10/15 | €349,032 | €342,635 | -€6,396 | -1.8% |
| Contributions | 10/11 | €560,239 | €560,239 | = | 0.0% |
| Capital | 10 | €560,239 | €560,239 | = | 0.0% |
| Issued capital | 100 | €560,239 | €560,239 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,067 | -€219,463 | -€6,396 | -3.0% |
| Amounts payable | 17/49 | €2,856 | €2,624 | -€232 | -8.1% |
| Amounts payable after more than one year | 17 | €2,231 | €2,231 | = | 0.0% |
| Other amounts payable | 178/9 | €2,231 | €2,231 | = | 0.0% |
| Amounts payable within one year | 42/48 | €625 | €393 | -€232 | -37.1% |
| Trade debts | 44 | €212 | €212 | = | 0.0% |
| Suppliers | 440/4 | €212 | €212 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €413 | €181 | -€232 | -56.1% |
| Taxes | 450/3 | €413 | €181 | -€232 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,551 | €18,171 | +€620 | +3.5% |
| Other operating charges | 640/8 | €1,626 | €1,675 | +€49 | +3.0% |
| Gross operating margin | 9900 | €11,917 | €13,659 | +€1,742 | +14.6% |
| Operating profit (loss) | 9901 | -€7,259 | -€6,187 | +€1,072 | +14.8% |
| Financial charges | 65/66B | €222 | €209 | -€12 | -5.4% |
| Recurring financial charges | 65 | €222 | €209 | -€12 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,481 | -€6,396 | +€1,085 | +14.5% |
| Profit (loss) for the period | 9904 | -€7,481 | -€6,396 | +€1,085 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,481 | -€6,396 | +€1,085 | +14.5% |
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 28 September 2026 via checked.be.