Skip to content

ECON: 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

ECON

BE 0446.571.073
NACE 81.100, Combined facilities support activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€313,204
2024 · -€49,041+€362,245
Equity
€190,699
2024 · -€122,504+€313,204
Cash
€492,128
2024 · €179,911+€312,217
Balance sheet total
€1.5m
2024 · €1.4m+€52,011

Largest movements

2024 to 2025
Assets
  • Cash +€312,217

    up €312,217 (+173.5%), from €179,911 to €492,128

    mainly Net result for the year (+€313,204) and Receivables within one year (+€144,647)

  • Receivables within one year -€144,647

    down €144,647 (-31.4%), from €460,057 to €315,410

    of which Other amounts receivable: -€144,687

  • Tangible fixed assets -€117,471

    down €117,471 (-15.8%), from €742,076 to €624,605

Equity and liabilities
  • Profit (loss) carried forward +€316,889

    up €316,889 (+45.0%), from -€704,545 to -€387,656

  • Advances received -€148,000

    down €148,000 (-100.0%), from €148,000 to €0

  • Other debts -€105,285

    down €105,285 (-8.2%), from €1.3m to €1.2m

Income statement
  • Gross operating margin +€441,179

    up €441,179 (+919.3%), from €47,992 to €489,171

  • Depreciation +€82,754

    up €82,754 (+238.4%), from €34,717 to €117,471

From the 2024 result to the 2025 result

effect on the 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 -€49,041
Gross operating margin +€441,179
Depreciation -€82,754
Other operating charges -€687
Financial income -€2
Financial charges +€4,507
Taxes +€1
Result 2025 €313,204

Cash bridge derived

cash 2024 to 2025

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 +€312,217
Investment €0
Financing €0
Cash 2024 €179,911
Net result for the year +€313,204
Depreciation +€117,471
Receivables within one year +€144,647
Deferred charges and accrued income -€1,912
Provisions -€1,898
Trade debts -€1,445
Tax, wage and social debts -€50
Advances received -€148,000
Other debts -€105,285
Accrued charges and deferred income -€4,515
Cash 2025 €492,128
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,404,003 €1,456,015 +€52,011 +3.7%
Fixed assets 21/28 €742,076 €624,605 -€117,471 -15.8%
Tangible fixed assets 22/27 €742,076 €624,605 -€117,471 -15.8%
Land and buildings 22 €742,076 €624,605 -€117,471 -15.8%
Current assets 29/58 €661,927 €831,410 +€169,482 +25.6%
Amounts receivable within one year 40/41 €460,057 €315,410 -€144,647 -31.4%
Trade receivables 40 €0 €40 +€40
Other amounts receivable 41 €460,057 €315,370 -€144,687 -31.4%
Current investments 50/53 €17,000 €17,000 = 0.0%
Cash at bank and in hand 54/58 €179,911 €492,128 +€312,217 +173.5%
Deferred charges and accrued income 490/1 €4,959 €6,871 +€1,912 +38.6%
Total equity and liabilities 10/49 €1,404,003 €1,456,015 +€52,011 +3.7%
Equity 10/15 -€122,504 €190,699 +€313,204
Contributions 10/11 €458,603 €458,603 = 0.0%
Capital 10 €458,603 €458,603 = 0.0%
Issued capital 100 €458,603 €458,603 = 0.0%
Reserves 13 €123,438 €119,752 -€3,686 -3.0%
Tax-exempt reserves 132 €111,762 €108,076 -€3,686 -3.3%
Distributable reserves 133 €11,676 €11,676 = 0.0%
Profit (loss) carried forward 14 -€704,545 -€387,656 +€316,889 +45.0%
Provisions and deferred taxes 16 €40,067 €38,169 -€1,898 -4.7%
Deferred taxes 168 €40,067 €38,169 -€1,898 -4.7%
Amounts payable 17/49 €1,486,441 €1,227,147 -€259,295 -17.4%
Amounts payable within one year 42/48 €1,444,945 €1,190,166 -€254,779 -17.6%
Trade debts 44 €5,607 €4,162 -€1,445 -25.8%
Suppliers 440/4 €5,607 €4,162 -€1,445 -25.8%
Advances received on contracts in progress 46 €148,000 €0 -€148,000 -100.0%
Taxes, remuneration and social security 45 €125 €76 -€50 -39.7%
Taxes 450/3 €125 €76 -€50 -39.7%
Other amounts payable 47/48 €1,291,213 €1,185,928 -€105,285 -8.2%
Accrued charges and deferred income 492/3 €41,496 €36,981 -€4,515 -10.9%
Non-recurring operating income 76A €944 €1,494 +€550 +58.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €34,717 €117,471 +€82,754 +238.4%
Other operating charges 640/8 €21,993 €22,680 +€687 +3.1%
Gross operating margin 9900 €47,992 €489,171 +€441,179 +919.3%
Operating profit (loss) 9901 -€8,719 €349,020 +€357,739
Financial income 75/76B €2 €0 -€2 -100.0%
Recurring financial income 75 €2 €0 -€2 -100.0%
Financial charges 65/66B €42,052 €37,544 -€4,507 -10.7%
Recurring financial charges 65 €42,052 €37,544 -€4,507 -10.7%
Profit (loss) for the period before taxes 9903 -€50,769 €311,475 +€362,244
Transfer from deferred taxes 780 €1,898 €1,898 = 0.0%
Income taxes 67/77 €170 €170 -€1 -0.3%
Profit (loss) for the period 9904 -€49,041 €313,204 +€362,245
Transfer from tax-exempt reserves 789 €3,686 €3,686 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€45,355 €316,889 +€362,245

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 11 October 2026 via checked.be.