ECONHOMIC: 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.
ECONHOMIC
Largest movements
- Tangible fixed assets -€2,671
down €2,671 (-84.2%), from €3,173 to €502
of which Furniture and vehicles: -€1,795
- Deferred charges and accrued income -€547
no longer reported in 2025 (was €547)
- Receivables within one year +€101
up €101 (+39.2%), from €257 to €358
- Cash +€72
up €72 (+11.8%), from €610 to €682
mainly Net result for the year (+€12,212) and Investment in fixed assets (net) (+€1,795)
- Profit (loss) carried forward +€12,212
up €12,212 (+67.0%), from -€18,234 to -€6,022
- Trade debts -€9,940
down €9,940 (-93.7%), from €10,608 to €668
- Other debts -€5,672
no longer reported in 2025 (was €5,672)
- Tax, wage and social debts +€354
up €354 (+812%), from €44 to €398
- Gross operating margin +€30,014
up €30,014, from -€15,898 to €14,116
- Other operating charges +€831
new in 2025: €831
- Depreciation -€252
down €252 (-22.3%), from €1,128 to €876
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 | €4,587 | €1,542 | -€3,046 | -66.4% |
| Fixed assets | 21/28 | €3,173 | €502 | -€2,671 | -84.2% |
| Tangible fixed assets | 22/27 | €3,173 | €502 | -€2,671 | -84.2% |
| Plant, machinery and equipment | 23 | €1,378 | €502 | -€876 | -63.6% |
| Furniture and vehicles | 24 | €1,795 | - | -€1,795 | |
| Current assets | 29/58 | €1,414 | €1,040 | -€374 | -26.5% |
| Amounts receivable within one year | 40/41 | €257 | €358 | +€101 | +39.2% |
| Other amounts receivable | 41 | €257 | €358 | +€101 | +39.2% |
| Cash at bank and in hand | 54/58 | €610 | €682 | +€72 | +11.8% |
| Deferred charges and accrued income | 490/1 | €547 | - | -€547 | |
| Total equity and liabilities | 10/49 | €4,587 | €1,542 | -€3,046 | -66.4% |
| Equity | 10/15 | -€11,736 | €476 | +€12,212 | |
| Contributions | 10/11 | €6,498 | €6,498 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,234 | -€6,022 | +€12,212 | +67.0% |
| Amounts payable | 17/49 | €16,323 | €1,065 | -€15,258 | -93.5% |
| Amounts payable within one year | 42/48 | €16,323 | €1,065 | -€15,258 | -93.5% |
| Trade debts | 44 | €10,608 | €668 | -€9,940 | -93.7% |
| Suppliers | 440/4 | €10,608 | €668 | -€9,940 | -93.7% |
| Taxes, remuneration and social security | 45 | €44 | €398 | +€354 | +812% |
| Taxes | 450/3 | €44 | €398 | +€354 | +812% |
| Other amounts payable | 47/48 | €5,672 | - | -€5,672 | |
| Non-recurring operating income | 76A | - | €705 | +€705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €876 | -€252 | -22.3% |
| Other operating charges | 640/8 | - | €831 | +€831 | |
| Gross operating margin | 9900 | -€15,898 | €14,116 | +€30,014 | |
| Operating profit (loss) | 9901 | -€17,025 | €12,410 | +€29,435 | |
| Financial charges | 65/66B | €53 | €51 | -€2 | -3.0% |
| Recurring financial charges | 65 | €53 | €51 | -€2 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,078 | €12,359 | +€29,437 | |
| Income taxes | 67/77 | €44 | €147 | +€103 | +237% |
| Profit (loss) for the period | 9904 | -€17,122 | €12,212 | +€29,334 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,122 | €12,212 | +€29,334 |
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 20 October 2026 via checked.be.