ECONOGEST: 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.
ECONOGEST
Largest movements
- Cash -€14,104
down €14,104 (-27.0%), from €52,262 to €38,158
mainly Contributions, distributions and other (-€70,000) and Other debts (-€35,905)
- Tangible fixed assets +€2,309
up €2,309 (+45.4%), from €5,086 to €7,395
of which Other tangible fixed assets: +€2,082
- Receivables within one year -€2,173
down €2,173 (-3.2%), from €66,959 to €64,786
of which Trade receivables: -€16,458
- Financial fixed assets +€1,600
new in 2025: €1,600
- Deferred charges and accrued income -€1,421
no longer reported in 2025 (was €1,421)
- Other debts -€35,905
down €35,905 (-54.6%), from €65,745 to €29,840
- Profit (loss) carried forward +€26,839
up €26,839 (+7313.1%), from €367 to €27,206
- Trade debts -€4,653
down €4,653 (-96.7%), from €4,813 to €160
- Gross operating margin +€36,726
up €36,726 (+26.0%), from €141,105 to €177,831
- Staff costs +€19,925
up €19,925 (+87.0%), from €22,897 to €42,822
- Depreciation -€5,439
down €5,439 (-94.9%), from €5,734 to €295
- Taxes +€5,007
up €5,007 (+20.4%), from €24,576 to €29,583
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 | €125,728 | €111,940 | -€13,788 | -11.0% |
| Fixed assets | 21/28 | €5,086 | €8,995 | +€3,909 | +76.9% |
| Tangible fixed assets | 22/27 | €5,086 | €7,395 | +€2,309 | +45.4% |
| Furniture and vehicles | 24 | €5,086 | €5,313 | +€227 | +4.5% |
| Other tangible fixed assets | 26 | - | €2,082 | +€2,082 | |
| Financial fixed assets | 28 | - | €1,600 | +€1,600 | |
| Current assets | 29/58 | €120,642 | €102,944 | -€17,698 | -14.7% |
| Amounts receivable within one year | 40/41 | €66,959 | €64,786 | -€2,173 | -3.2% |
| Trade receivables | 40 | €66,244 | €49,786 | -€16,458 | -24.8% |
| Other amounts receivable | 41 | €715 | €15,000 | +€14,285 | +1997.9% |
| Cash at bank and in hand | 54/58 | €52,262 | €38,158 | -€14,104 | -27.0% |
| Deferred charges and accrued income | 490/1 | €1,421 | - | -€1,421 | |
| Total equity and liabilities | 10/49 | €125,728 | €111,940 | -€13,788 | -11.0% |
| Equity | 10/15 | €20,827 | €47,666 | +€26,839 | +128.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €367 | €27,206 | +€26,839 | +7313.1% |
| Amounts payable | 17/49 | €104,901 | €64,274 | -€40,627 | -38.7% |
| Amounts payable within one year | 42/48 | €104,901 | €64,274 | -€40,627 | -38.7% |
| Trade debts | 44 | €4,813 | €160 | -€4,653 | -96.7% |
| Suppliers | 440/4 | €4,813 | €160 | -€4,653 | -96.7% |
| Taxes, remuneration and social security | 45 | €34,343 | €34,273 | -€70 | -0.2% |
| Taxes | 450/3 | €31,975 | €28,795 | -€3,180 | -9.9% |
| Remuneration and social security | 454/9 | €2,368 | €5,479 | +€3,111 | +131.4% |
| Other amounts payable | 47/48 | €65,745 | €29,840 | -€35,905 | -54.6% |
| Remuneration, social security and pensions | 62 | €22,897 | €42,822 | +€19,925 | +87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,734 | €295 | -€5,439 | -94.9% |
| Other operating charges | 640/8 | €5,962 | €7,567 | +€1,605 | +26.9% |
| Gross operating margin | 9900 | €141,105 | €177,831 | +€36,726 | +26.0% |
| Operating profit (loss) | 9901 | €106,512 | €127,147 | +€20,635 | +19.4% |
| Financial income | 75/76B | €976 | €12 | -€964 | -98.7% |
| Recurring financial income | 75 | €976 | €12 | -€964 | -98.7% |
| Financial charges | 65/66B | €877 | €737 | -€140 | -16.0% |
| Recurring financial charges | 65 | €877 | €737 | -€140 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €106,611 | €126,422 | +€19,811 | +18.6% |
| Income taxes | 67/77 | €24,576 | €29,583 | +€5,007 | +20.4% |
| Profit (loss) for the period | 9904 | €82,035 | €96,839 | +€14,804 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,035 | €96,839 | +€14,804 | +18.0% |
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 2 October 2026 via checked.be.