ECOMAC: what changed
ECOMAC
Largest movements
- Receivables within one year -€329,896
down €329,896 (-15.5%), from €2.1m to €1.8m
of which Other amounts receivable: -€311,690
- Tangible fixed assets +€50,884
up €50,884 (+2.7%), from €1.9m to €2.0m
of which Plant, machinery and equipment: +€241,693
- Trade debts -€254,212
down €254,212 (-64.7%), from €392,634 to €138,422
- Debts after one year -€62,000
down €62,000 (-7.5%), from €821,500 to €759,500
- Turnover -€429,611
down €429,611 (-56.2%), from €764,935 to €335,324
- Services and other goods -€259,070
down €259,070 (-52.8%), from €490,431 to €231,361
- Staff costs -€204,217
down €204,217, from €203,909 to -€308
- Other operating income -€64,016
down €64,016 (-92.7%), from €69,052 to €5,036
- Financial income -€60,799
down €60,799 (-66.8%), from €90,984 to €30,185
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,042,600 | €3,761,587 | -€281,014 | -7.0% |
| Fixed assets | 21/28 | €1,903,350 | €1,954,234 | +€50,884 | +2.7% |
| Tangible fixed assets | 22/27 | €1,900,892 | €1,951,776 | +€50,884 | +2.7% |
| Plant, machinery and equipment | 23 | €1,345,759 | €1,587,452 | +€241,693 | +18.0% |
| Furniture and vehicles | 24 | €1,572 | €0 | -€1,572 | -100% |
| Assets under construction and advance payments | 27 | €553,561 | €364,325 | -€189,237 | -34.2% |
| Financial fixed assets | 28 | €2,458 | €2,458 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,458 | €2,458 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,458 | €2,458 | = | 0.0% |
| Current assets | 29/58 | €2,139,250 | €1,807,352 | -€331,898 | -15.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,135,012 | €1,805,116 | -€329,896 | -15.5% |
| Trade receivables | 40 | €287,579 | €269,373 | -€18,206 | -6.3% |
| Other amounts receivable | 41 | €1,847,433 | €1,535,743 | -€311,690 | -16.9% |
| Deferred charges and accrued income | 490/1 | €4,238 | €2,236 | -€2,002 | -47.2% |
| Total equity and liabilities | 10/49 | €4,042,600 | €3,761,587 | -€281,014 | -7.0% |
| Equity | 10/15 | €2,763,067 | €2,767,268 | +€4,201 | +0.2% |
| Contributions | 10/11 | €2,100,000 | €2,100,000 | = | 0.0% |
| Capital | 10 | €2,100,000 | €2,100,000 | = | 0.0% |
| Issued capital | 100 | €2,100,000 | €2,100,000 | = | 0.0% |
| Reserves | 13 | €663,067 | €667,268 | +€4,201 | +0.6% |
| Non-distributable reserves | 130/1 | €210,000 | €210,000 | = | 0.0% |
| Legal reserve | 130 | €210,000 | €210,000 | = | 0.0% |
| Distributable reserves | 133 | €453,067 | €457,268 | +€4,201 | +0.9% |
| Amounts payable | 17/49 | €1,279,534 | €994,319 | -€285,215 | -22.3% |
| Amounts payable after more than one year | 17 | €821,500 | €759,500 | -€62,000 | -7.5% |
| Financial debts | 170/4 | €821,500 | €759,500 | -€62,000 | -7.5% |
| Credit institutions | 173 | €821,500 | €759,500 | -€62,000 | -7.5% |
| Amounts payable within one year | 42/48 | €458,034 | €234,819 | -€223,215 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €62,000 | €62,000 | = | 0.0% |
| Trade debts | 44 | €392,634 | €138,422 | -€254,212 | -64.7% |
| Suppliers | 440/4 | €392,634 | €138,422 | -€254,212 | -64.7% |
| Taxes, remuneration and social security | 45 | €0 | €34,397 | +€34,397 | |
| Taxes | 450/3 | €0 | €34,397 | +€34,397 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,399 | €0 | -€3,399 | -100% |
| Operating income | 70/76A | €833,988 | €340,361 | -€493,627 | -59.2% |
| Turnover | 70 | €764,935 | €335,324 | -€429,611 | -56.2% |
| Other operating income | 74 | €69,052 | €5,036 | -€64,016 | -92.7% |
| Operating charges | 60/66A | €766,454 | €335,019 | -€431,435 | -56.3% |
| Services and other goods | 61 | €490,431 | €231,361 | -€259,070 | -52.8% |
| Remuneration, social security and pensions | 62 | €203,909 | -€308 | -€204,217 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,115 | €102,906 | +€32,791 | +46.8% |
| Other operating charges | 640/8 | €2,000 | €1,060 | -€939 | -47.0% |
| Operating profit (loss) | 9901 | €67,533 | €5,342 | -€62,192 | -92.1% |
| Financial income | 75/76B | €90,984 | €30,185 | -€60,799 | -66.8% |
| Recurring financial income | 75 | €90,984 | €30,185 | -€60,799 | -66.8% |
| Income from financial fixed assets | 750 | €63,060 | €30,185 | -€32,876 | -52.1% |
| Other financial income | 752/9 | €27,924 | €0 | -€27,924 | -100.0% |
| Financial charges | 65/66B | €44,593 | €31,326 | -€13,268 | -29.8% |
| Recurring financial charges | 65 | €44,593 | €31,326 | -€13,268 | -29.8% |
| Debt charges | 650 | €43,152 | €30,585 | -€12,567 | -29.1% |
| Other financial charges | 652/9 | €1,441 | €740 | -€701 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €113,924 | €4,201 | -€109,723 | -96.3% |
| Income taxes | 67/77 | €31,928 | €0 | -€31,928 | -100% |
| Taxes | 670/3 | €31,928 | €0 | -€31,928 | -100% |
| Profit (loss) for the period | 9904 | €81,995 | €4,201 | -€77,794 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €81,995 | €4,201 | -€77,794 | -94.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.