ECOMAT: 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.
What changed
ECOMAT
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€231,917
2024 · €265,715-€33,797
Equity
€1.0m
2024 · €991,589+€31,917
Cash
€470,821
2024 · €361,334+€109,488
Balance sheet total
€1.4m
2024 · €1.3m+€133,294
Largest movements
Assets
- Cash +€109,488
up €109,488 (+30.3%), from €361,334 to €470,821
mainly Net result for the year (+€231,917) and Other debts (+€100,565)
- Stocks and contracts +€35,266
up €35,266 (+7.1%), from €496,423 to €531,689
Equity and liabilities
- Other debts +€100,565
up €100,565 (+95.0%), from €105,913 to €206,477
- Reserves +€31,917
up €31,917 (+3.4%), from €929,589 to €961,507
Income statement
- Taxes -€44,120
down €44,120 (-77.8%), from €56,697 to €12,577
- Staff costs +€31,110
up €31,110 (+10.1%), from €308,831 to €339,941
- Financial income -€27,684
down €27,684 (-32.8%), from €84,457 to €56,773
- Gross operating margin -€11,775
down €11,775 (-2.0%), from €584,965 to €573,191
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.
Result 2024
€265,715
Gross operating margin
-€11,775
Staff costs
-€31,110
Depreciation
-€3,038
Write-downs
-€618
Other operating charges
+€153
Other operating items
+€152
Financial income
-€27,684
Financial charges
-€3,997
Taxes
+€44,120
Result 2025
€231,917
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€317,714
Investment
-€8,226
Financing
-€200,000
Cash 2024
€361,334
From operations (derived)
+€317,714
Net result for the year
+€231,917
Depreciation
+€25,117
Stocks and contracts
-€35,266
Receivables within one year
+€4,585
Deferred charges and accrued income
-€10,016
Trade debts
-€6,120
Tax, wage and social debts
+€7,300
Other debts
+€100,565
Accrued charges and deferred income
-€368
Investment (derived)
-€8,226
Investment in fixed assets (net)
-€8,226
Financing
-€200,000
Contributions, distributions and other
-€200,000
Cash 2025
€470,821
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,307,595 | €1,440,889 | +€133,294 | +10.2% |
| Fixed assets | 21/28 | €80,837 | €63,946 | -€16,891 | -20.9% |
| Intangible fixed assets | 21 | €13,335 | €9,975 | -€3,360 | -25.2% |
| Tangible fixed assets | 22/27 | €67,503 | €53,972 | -€13,531 | -20.0% |
| Land and buildings | 22 | €42,691 | €33,416 | -€9,275 | -21.7% |
| Plant, machinery and equipment | 23 | €15,772 | €10,471 | -€5,301 | -33.6% |
| Furniture and vehicles | 24 | €9,040 | €10,085 | +€1,045 | +11.6% |
| Current assets | 29/58 | €1,226,758 | €1,376,943 | +€150,185 | +12.2% |
| Stocks and contracts in progress | 3 | €496,423 | €531,689 | +€35,266 | +7.1% |
| Stocks | 30/36 | €496,423 | €531,689 | +€35,266 | +7.1% |
| Amounts receivable within one year | 40/41 | €369,001 | €364,417 | -€4,585 | -1.2% |
| Trade receivables | 40 | €107,740 | €76,733 | -€31,007 | -28.8% |
| Other amounts receivable | 41 | €261,261 | €287,684 | +€26,423 | +10.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €361,334 | €470,821 | +€109,488 | +30.3% |
| Deferred charges and accrued income | 490/1 | €0 | €10,016 | +€10,016 | |
| Total equity and liabilities | 10/49 | €1,307,595 | €1,440,889 | +€133,294 | +10.2% |
| Equity | 10/15 | €991,589 | €1,023,507 | +€31,917 | +3.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €929,589 | €961,507 | +€31,917 | +3.4% |
| Distributable reserves | 133 | €929,589 | €961,507 | +€31,917 | +3.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €316,006 | €417,382 | +€101,376 | +32.1% |
| Amounts payable within one year | 42/48 | €315,199 | €416,944 | +€101,744 | +32.3% |
| Trade debts | 44 | €158,660 | €152,540 | -€6,120 | -3.9% |
| Suppliers | 440/4 | €158,660 | €152,540 | -€6,120 | -3.9% |
| Taxes, remuneration and social security | 45 | €50,627 | €57,927 | +€7,300 | +14.4% |
| Taxes | 450/3 | €22,660 | €26,554 | +€3,895 | +17.2% |
| Remuneration and social security | 454/9 | €27,967 | €31,372 | +€3,405 | +12.2% |
| Other amounts payable | 47/48 | €105,913 | €206,477 | +€100,565 | +95.0% |
| Accrued charges and deferred income | 492/3 | €807 | €439 | -€368 | -45.6% |
| Remuneration, social security and pensions | 62 | €308,831 | €339,941 | +€31,110 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,079 | €25,117 | +€3,038 | +13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€776 | -€158 | +€618 | +79.6% |
| Other operating charges | 640/8 | €6,979 | €6,827 | -€153 | -2.2% |
| Non-recurring operating charges | 66A | €152 | €0 | -€152 | -100% |
| Gross operating margin | 9900 | €584,965 | €573,191 | -€11,775 | -2.0% |
| Operating profit (loss) | 9901 | €247,701 | €201,465 | -€46,236 | -18.7% |
| Financial income | 75/76B | €84,457 | €56,773 | -€27,684 | -32.8% |
| Recurring financial income | 75 | €84,457 | €56,773 | -€27,684 | -32.8% |
| Financial charges | 65/66B | €9,746 | €13,743 | +€3,997 | +41.0% |
| Recurring financial charges | 65 | €9,746 | €13,743 | +€3,997 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €322,412 | €244,495 | -€77,917 | -24.2% |
| Income taxes | 67/77 | €56,697 | €12,577 | -€44,120 | -77.8% |
| Profit (loss) for the period | 9904 | €265,715 | €231,917 | -€33,797 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €265,715 | €231,917 | -€33,797 | -12.7% |
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 19 October 2026 via checked.be.