Ecomlog: 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.
Ecomlog
Largest movements
- Receivables within one year +€3.2m
up €3.2m (+296.8%), from €1.1m to €4.2m
of which Other amounts receivable: +€3.6m
- Tangible fixed assets -€1.0m
down €1.0m (-87.8%), from €1.2m to €145,172
of which Plant, machinery and equipment: -€724,443
- Intangible fixed assets -€247,975
no longer reported in 2025 (was €247,975)
- Deferred charges and accrued income -€173,261
down €173,261 (-83.0%), from €208,844 to €35,583
- Cash -€167,920
down €167,920 (-85.7%), from €195,858 to €27,938
mainly Receivables within one year (-€3.2m) and Debts after one year (-€105,177)
- Trade debts +€1.2m
up €1.2m (+112.1%), from €1.1m to €2.3m
- Tax, wage and social debts +€347,477
up €347,477 (+135.8%), from €255,935 to €603,412
of which Taxes: +€400,318
- Profit (loss) carried forward +€113,745
up €113,745 (+40.4%), from -€281,250 to -€167,505
- Debts after one year -€105,177
down €105,177 (-37.8%), from €278,606 to €173,429
- Short-term financial debts -€50,099
down €50,099 (-6.0%), from €831,406 to €781,307
- Gross operating margin -€676,944
down €676,944 (-43.8%), from €1.5m to €869,094
- Staff costs -€460,464
down €460,464 (-44.0%), from €1.0m to €586,398
- Depreciation -€264,388
down €264,388 (-75.7%), from €349,275 to €84,887
- Financial income +€46,523
up €46,523 (+2734.8%), from €1,701 to €48,225
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 | €3,072,813 | €4,591,181 | +€1.5m | +49.4% |
| Formation expenses | 20 | €131,021 | €91,336 | -€39,685 | -30.3% |
| Fixed assets | 21/28 | €1,437,564 | €148,136 | -€1.3m | -89.7% |
| Intangible fixed assets | 21 | €247,975 | - | -€247,975 | |
| Tangible fixed assets | 22/27 | €1,189,589 | €145,172 | -€1.0m | -87.8% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €728,983 | €4,539 | -€724,443 | -99.4% |
| Furniture and vehicles | 24 | €424,058 | €115,318 | -€308,740 | -72.8% |
| Leasing and similar rights | 25 | €36,548 | €25,314 | -€11,234 | -30.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | - | €2,964 | +€2,964 | |
| Current assets | 29/58 | €1,504,228 | €4,351,710 | +€2.8m | +189.3% |
| Amounts receivable after more than one year | 29 | €2,964 | - | -€2,964 | |
| Trade receivables | 290 | €2,964 | - | -€2,964 | |
| Stocks and contracts in progress | 3 | €25,500 | €38,235 | +€12,735 | +49.9% |
| Stocks | 30/36 | €25,500 | €38,235 | +€12,735 | +49.9% |
| Amounts receivable within one year | 40/41 | €1,071,063 | €4,249,954 | +€3.2m | +296.8% |
| Trade receivables | 40 | €1,040,731 | €578,061 | -€462,670 | -44.5% |
| Other amounts receivable | 41 | €30,332 | €3,671,893 | +€3.6m | +12005.6% |
| Cash at bank and in hand | 54/58 | €195,858 | €27,938 | -€167,920 | -85.7% |
| Deferred charges and accrued income | 490/1 | €208,844 | €35,583 | -€173,261 | -83.0% |
| Total equity and liabilities | 10/49 | €3,072,813 | €4,591,181 | +€1.5m | +49.4% |
| Equity | 10/15 | €497,610 | €611,355 | +€113,745 | +22.9% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €275,902 | €275,902 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €80,389 | €80,389 | = | 0.0% |
| Distributable reserves | 133 | €145,513 | €145,513 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€281,250 | -€167,505 | +€113,745 | +40.4% |
| Investment grants | 15 | €2,958 | €2,958 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,523 | €1,523 | = | 0.0% |
| Deferred taxes | 168 | €1,523 | €1,523 | = | 0.0% |
| Amounts payable | 17/49 | €2,573,680 | €3,978,303 | +€1.4m | +54.6% |
| Amounts payable after more than one year | 17 | €278,606 | €173,429 | -€105,177 | -37.8% |
| Financial debts | 170/4 | €278,606 | €173,429 | -€105,177 | -37.8% |
| Amounts payable within one year | 42/48 | €2,295,074 | €3,804,874 | +€1.5m | +65.8% |
| Current portion of amounts payable after more than one year | 42 | €120,937 | €106,456 | -€14,482 | -12.0% |
| Financial debts | 43 | €831,406 | €781,307 | -€50,099 | -6.0% |
| Credit institutions | 430/8 | €831,406 | €781,307 | -€50,099 | -6.0% |
| Trade debts | 44 | €1,086,796 | €2,305,449 | +€1.2m | +112.1% |
| Suppliers | 440/4 | €1,086,796 | €2,305,449 | +€1.2m | +112.1% |
| Taxes, remuneration and social security | 45 | €255,935 | €603,412 | +€347,477 | +135.8% |
| Taxes | 450/3 | €73,828 | €474,146 | +€400,318 | +542.2% |
| Remuneration and social security | 454/9 | €182,107 | €129,266 | -€52,841 | -29.0% |
| Other amounts payable | 47/48 | - | €8,250 | +€8,250 | |
| Remuneration, social security and pensions | 62 | €1,046,862 | €586,398 | -€460,464 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349,275 | €84,887 | -€264,388 | -75.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €59,175 | €70,441 | +€11,266 | +19.0% |
| Gross operating margin | 9900 | €1,546,038 | €869,094 | -€676,944 | -43.8% |
| Operating profit (loss) | 9901 | €90,727 | €127,368 | +€36,641 | +40.4% |
| Financial income | 75/76B | €1,701 | €48,225 | +€46,523 | +2734.8% |
| Recurring financial income | 75 | €1,701 | €48,225 | +€46,523 | +2734.8% |
| Financial charges | 65/66B | €74,301 | €60,754 | -€13,547 | -18.2% |
| Recurring financial charges | 65 | €74,301 | €60,754 | -€13,547 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €18,127 | €114,839 | +€96,712 | +533.5% |
| Income taxes | 67/77 | €0 | €1,093 | +€1,093 | |
| Profit (loss) for the period | 9904 | €18,127 | €113,745 | +€95,619 | +527.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,127 | €113,745 | +€95,619 | +527.5% |
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 3 October 2026 via checked.be.