Ecoluc.be: 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.
Ecoluc.be
Largest movements
- Tangible fixed assets +€13,200
up €13,200 (+3944.3%), from €335 to €13,534
of which Other tangible fixed assets: +€7,232
- Cash +€7,806
up €7,806 (+84.1%), from €9,282 to €17,087
mainly Trade debts (+€14,401) and Depreciation (+€10,149)
- Intangible fixed assets -€7,654
down €7,654 (-84.3%), from €9,083 to €1,429
- Receivables within one year +€3,477
up €3,477 (+613.1%), from €567 to €4,044
of which Trade receivables: +€3,473
- Stocks and contracts +€1,353
up €1,353 (+118.0%), from €1,147 to €2,500
- Trade debts +€14,401
up €14,401 (+151.3%), from €9,520 to €23,921
- Other debts -€5,033
down €5,033 (-100.0%), from €5,033 to €0
- Debts after one year +€3,931
new in 2025: €3,931
- Current portion of long-term debt +€2,845
new in 2025: €2,845
- Profit (loss) carried forward +€865
up €865 (+6.8%), from -€12,632 to -€11,767
- Gross operating margin +€3,311
up €3,311 (+36.0%), from €9,186 to €12,497
- Other operating charges -€2,144
down €2,144 (-88.3%), from €2,428 to €284
- Depreciation -€1,095
down €1,095 (-9.7%), from €11,244 to €10,149
- Financial charges +€277
up €277 (+29.1%), from €950 to €1,226
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 | €21,957 | €38,950 | +€16,992 | +77.4% |
| Fixed assets | 21/28 | €9,417 | €14,963 | +€5,546 | +58.9% |
| Intangible fixed assets | 21 | €9,083 | €1,429 | -€7,654 | -84.3% |
| Tangible fixed assets | 22/27 | €335 | €13,534 | +€13,200 | +3944.3% |
| Furniture and vehicles | 24 | €335 | €6,302 | +€5,967 | +1783.2% |
| Other tangible fixed assets | 26 | - | €7,232 | +€7,232 | |
| Current assets | 29/58 | €12,540 | €23,986 | +€11,446 | +91.3% |
| Stocks and contracts in progress | 3 | €1,147 | €2,500 | +€1,353 | +118.0% |
| Stocks | 30/36 | €1,147 | €2,500 | +€1,353 | +118.0% |
| Amounts receivable within one year | 40/41 | €567 | €4,044 | +€3,477 | +613.1% |
| Trade receivables | 40 | €567 | €4,040 | +€3,473 | +612.4% |
| Other amounts receivable | 41 | €0 | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €9,282 | €17,087 | +€7,806 | +84.1% |
| Deferred charges and accrued income | 490/1 | €1,544 | €355 | -€1,190 | -77.0% |
| Total equity and liabilities | 10/49 | €21,957 | €38,950 | +€16,992 | +77.4% |
| Equity | 10/15 | €5,132 | €5,997 | +€865 | +16.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,764 | €14,764 | = | 0.0% |
| Distributable reserves | 133 | €14,764 | €14,764 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,632 | -€11,767 | +€865 | +6.8% |
| Amounts payable | 17/49 | €16,826 | €32,953 | +€16,127 | +95.8% |
| Amounts payable after more than one year | 17 | - | €3,931 | +€3,931 | |
| Financial debts | 170/4 | - | €3,931 | +€3,931 | |
| Amounts payable within one year | 42/48 | €16,826 | €29,022 | +€12,197 | +72.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,845 | +€2,845 | |
| Financial debts | 43 | - | €746 | +€746 | |
| Credit institutions | 430/8 | - | €746 | +€746 | |
| Trade debts | 44 | €9,520 | €23,921 | +€14,401 | +151.3% |
| Suppliers | 440/4 | €9,520 | €23,921 | +€14,401 | +151.3% |
| Taxes, remuneration and social security | 45 | €2,273 | €1,510 | -€763 | -33.5% |
| Taxes | 450/3 | €2,273 | €1,510 | -€763 | -33.5% |
| Other amounts payable | 47/48 | €5,033 | €0 | -€5,033 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,244 | €10,149 | -€1,095 | -9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,428 | €284 | -€2,144 | -88.3% |
| Gross operating margin | 9900 | €9,186 | €12,497 | +€3,311 | +36.0% |
| Operating profit (loss) | 9901 | -€4,485 | €2,064 | +€6,549 | |
| Financial income | 75/76B | €0 | €27 | +€27 | +27190.0% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +27190.0% |
| Financial charges | 65/66B | €950 | €1,226 | +€277 | +29.1% |
| Recurring financial charges | 65 | €950 | €1,226 | +€277 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,434 | €865 | +€6,300 | |
| Profit (loss) for the period | 9904 | -€5,434 | €865 | +€6,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,434 | €865 | +€6,300 |
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 12 October 2026 via checked.be.