ECONEST: 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.
ECONEST
Largest movements
- Receivables within one year -€64,204
down €64,204 (-42.8%), from €150,138 to €85,934
of which Trade receivables: -€72,538
- Cash -€3,036
down €3,036 (-89.7%), from €3,384 to €348
mainly Net result for the year (-€47,871) and Other debts (-€15,598)
- Profit (loss) carried forward -€47,871
down €47,871 (-96.4%), from -€49,676 to -€97,547
- Other debts -€15,598
down €15,598 (-50.2%), from €31,087 to €15,489
- Trade debts -€3,138
down €3,138 (-67.6%), from €4,643 to €1,505
- Tax, wage and social debts -€1,632
down €1,632 (-100%), from €1,632 to €0
- Other operating charges +€49,499
up €49,499 (+3,606%), from €1,373 to €50,872
- Gross operating margin +€4,599
up €4,599, from -€2,865 to €1,735
- Financial income +€72
up €72 (+3.3%), from €2,194 to €2,266
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,522 | €86,282 | -€68,240 | -44.2% |
| Fixed assets | 21/28 | €1,000 | €0 | -€1,000 | -100% |
| Tangible fixed assets | 22/27 | €1,000 | €0 | -€1,000 | -100% |
| Assets under construction and advance payments | 27 | €1,000 | €0 | -€1,000 | -100% |
| Current assets | 29/58 | €153,522 | €86,282 | -€67,240 | -43.8% |
| Amounts receivable within one year | 40/41 | €150,138 | €85,934 | -€64,204 | -42.8% |
| Trade receivables | 40 | €72,538 | €0 | -€72,538 | -100% |
| Other amounts receivable | 41 | €77,600 | €85,934 | +€8,334 | +10.7% |
| Cash at bank and in hand | 54/58 | €3,384 | €348 | -€3,036 | -89.7% |
| Total equity and liabilities | 10/49 | €154,522 | €86,282 | -€68,240 | -44.2% |
| Equity | 10/15 | €117,159 | €69,288 | -€47,871 | -40.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €154,435 | €154,435 | = | 0.0% |
| Distributable reserves | 133 | €154,435 | €154,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,676 | -€97,547 | -€47,871 | -96.4% |
| Amounts payable | 17/49 | €37,362 | €16,994 | -€20,368 | -54.5% |
| Amounts payable within one year | 42/48 | €37,362 | €16,994 | -€20,368 | -54.5% |
| Trade debts | 44 | €4,643 | €1,505 | -€3,138 | -67.6% |
| Suppliers | 440/4 | €4,643 | €1,505 | -€3,138 | -67.6% |
| Taxes, remuneration and social security | 45 | €1,632 | €0 | -€1,632 | -100% |
| Taxes | 450/3 | €1,632 | €0 | -€1,632 | -100% |
| Other amounts payable | 47/48 | €31,087 | €15,489 | -€15,598 | -50.2% |
| Other operating charges | 640/8 | €1,373 | €50,872 | +€49,499 | +3,606% |
| Non-recurring operating charges | 66A | €5,727 | €1,000 | -€4,727 | -82.5% |
| Gross operating margin | 9900 | -€2,865 | €1,735 | +€4,599 | |
| Operating profit (loss) | 9901 | -€9,965 | -€50,137 | -€40,173 | -403% |
| Financial income | 75/76B | €2,194 | €2,266 | +€72 | +3.3% |
| Recurring financial income | 75 | €2,194 | €2,266 | +€72 | +3.3% |
| Financial charges | 65/66B | €23 | €0 | -€23 | -100% |
| Recurring financial charges | 65 | €23 | €0 | -€23 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€7,794 | -€47,871 | -€40,078 | -514% |
| Profit (loss) for the period | 9904 | -€7,794 | -€47,871 | -€40,078 | -514% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,794 | -€47,871 | -€40,078 | -514% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.