Econology: 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.
Econology
Largest movements
- Current investments -€75,000
down €75,000 (-75.0%), from €100,000 to €25,000
- Cash +€14,467
up €14,467 (+14.1%), from €102,760 to €117,227
mainly Current investments (+€75,000) and Net result for the year (+€48,462)
- Receivables within one year -€11,752
down €11,752 (-60.3%), from €19,487 to €7,735
of which Other amounts receivable: -€5,925
- Other debts -€81,629
down €81,629 (-63.2%), from €129,229 to €47,600
- Tax, wage and social debts +€15,842
up €15,842 (+115%), from €13,759 to €29,602
of which Taxes: +€17,592
- Profit (loss) carried forward -€7,584
no longer reported in 2025 (was €7,584)
- Taxes +€13,673
up €13,673 (+105%), from €13,044 to €26,717
- Gross operating margin +€10,908
up €10,908 (+16.5%), from €65,959 to €76,867
- Financial income -€4,297
down €4,297 (-76.3%), from €5,632 to €1,335
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 | €226,343 | €153,380 | -€72,963 | -32.2% |
| Fixed assets | 21/28 | €1,636 | €1,732 | +€96 | +5.9% |
| Tangible fixed assets | 22/27 | €1,636 | €1,732 | +€96 | +5.9% |
| Furniture and vehicles | 24 | €1,636 | €1,732 | +€96 | +5.9% |
| Current assets | 29/58 | €224,707 | €151,648 | -€73,059 | -32.5% |
| Amounts receivable within one year | 40/41 | €19,487 | €7,735 | -€11,752 | -60.3% |
| Trade receivables | 40 | €13,476 | €7,648 | -€5,828 | -43.2% |
| Other amounts receivable | 41 | €6,011 | €87 | -€5,925 | -98.6% |
| Current investments | 50/53 | €100,000 | €25,000 | -€75,000 | -75.0% |
| Cash at bank and in hand | 54/58 | €102,760 | €117,227 | +€14,467 | +14.1% |
| Deferred charges and accrued income | 490/1 | €2,461 | €1,687 | -€774 | -31.4% |
| Total equity and liabilities | 10/49 | €226,343 | €153,380 | -€72,963 | -32.2% |
| Equity | 10/15 | €82,958 | €75,420 | -€7,538 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €56,774 | €56,820 | +€46 | +0.1% |
| Distributable reserves | 133 | €56,774 | €56,820 | +€46 | +0.1% |
| Profit (loss) carried forward | 14 | €7,584 | - | -€7,584 | |
| Amounts payable | 17/49 | €143,385 | €77,960 | -€65,425 | -45.6% |
| Amounts payable within one year | 42/48 | €143,385 | €77,960 | -€65,425 | -45.6% |
| Trade debts | 44 | €397 | €758 | +€362 | +91.1% |
| Suppliers | 440/4 | €397 | €758 | +€362 | +91.1% |
| Taxes, remuneration and social security | 45 | €13,759 | €29,602 | +€15,842 | +115% |
| Taxes | 450/3 | €12,009 | €29,602 | +€17,592 | +146% |
| Remuneration and social security | 454/9 | €1,750 | - | -€1,750 | |
| Other amounts payable | 47/48 | €129,229 | €47,600 | -€81,629 | -63.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €802 | €1,364 | +€562 | +70.1% |
| Other operating charges | 640/8 | €1,441 | €1,478 | +€37 | +2.5% |
| Gross operating margin | 9900 | €65,959 | €76,867 | +€10,908 | +16.5% |
| Operating profit (loss) | 9901 | €63,716 | €74,025 | +€10,310 | +16.2% |
| Financial income | 75/76B | €5,632 | €1,335 | -€4,297 | -76.3% |
| Recurring financial income | 75 | €5,632 | €1,335 | -€4,297 | -76.3% |
| Financial charges | 65/66B | €150 | €181 | +€31 | +20.9% |
| Recurring financial charges | 65 | €150 | €181 | +€31 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €69,197 | €75,178 | +€5,981 | +8.6% |
| Income taxes | 67/77 | €13,044 | €26,717 | +€13,673 | +105% |
| Profit (loss) for the period | 9904 | €56,154 | €48,462 | -€7,692 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,154 | €48,462 | -€7,692 | -13.7% |
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 19 October 2026 via checked.be.