Economatic: 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.
Economatic
Largest movements
- Tangible fixed assets -€15,383
down €15,383 (-61.9%), from €24,838 to €9,455
of which Leasing and similar rights: -€9,357
- Intangible fixed assets -€11,211
down €11,211 (-27.7%), from €40,442 to €29,231
- Deferred charges and accrued income -€5,482
down €5,482 (-58.6%), from €9,350 to €3,868
- Cash +€1,997
up €1,997 (+133%), from €1,497 to €3,494
mainly Depreciation (+€27,922) and Net result for the year (+€10,144)
- Short-term financial debts -€25,000
down €25,000 (-100%), from €25,000 to €0
- Reserves +€10,144
up €10,144 (+22.4%), from €45,204 to €55,348
- Current portion of long-term debt -€7,871
down €7,871 (-84.4%), from €9,324 to €1,453
- Trade debts -€4,276
down €4,276 (-15.6%), from €27,456 to €23,180
- Gross operating margin -€9,023
down €9,023 (-3.4%), from €263,248 to €254,225
- Depreciation -€5,375
down €5,375 (-16.1%), from €33,297 to €27,922
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 | €154,284 | €124,967 | -€29,318 | -19.0% |
| Fixed assets | 21/28 | €67,072 | €40,478 | -€26,594 | -39.6% |
| Intangible fixed assets | 21 | €40,442 | €29,231 | -€11,211 | -27.7% |
| Tangible fixed assets | 22/27 | €24,838 | €9,455 | -€15,383 | -61.9% |
| Plant, machinery and equipment | 23 | €4,069 | €2,736 | -€1,334 | -32.8% |
| Furniture and vehicles | 24 | €9,721 | €5,029 | -€4,692 | -48.3% |
| Leasing and similar rights | 25 | €11,048 | €1,691 | -€9,357 | -84.7% |
| Financial fixed assets | 28 | €1,792 | €1,792 | = | 0.0% |
| Current assets | 29/58 | €87,213 | €84,489 | -€2,724 | -3.1% |
| Amounts receivable within one year | 40/41 | €76,366 | €77,127 | +€761 | +1.0% |
| Trade receivables | 40 | €70,344 | €72,086 | +€1,741 | +2.5% |
| Other amounts receivable | 41 | €6,021 | €5,041 | -€980 | -16.3% |
| Cash at bank and in hand | 54/58 | €1,497 | €3,494 | +€1,997 | +133% |
| Deferred charges and accrued income | 490/1 | €9,350 | €3,868 | -€5,482 | -58.6% |
| Total equity and liabilities | 10/49 | €154,284 | €124,967 | -€29,318 | -19.0% |
| Equity | 10/15 | €63,804 | €73,948 | +€10,144 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,204 | €55,348 | +€10,144 | +22.4% |
| Distributable reserves | 133 | €45,204 | €55,348 | +€10,144 | +22.4% |
| Amounts payable | 17/49 | €90,481 | €51,019 | -€39,461 | -43.6% |
| Amounts payable after more than one year | 17 | €1,453 | €0 | -€1,453 | -100% |
| Financial debts | 170/4 | €1,453 | €0 | -€1,453 | -100% |
| Amounts payable within one year | 42/48 | €89,027 | €51,019 | -€38,008 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €9,324 | €1,453 | -€7,871 | -84.4% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100% |
| Credit institutions | 430/8 | €25,000 | €0 | -€25,000 | -100% |
| Trade debts | 44 | €27,456 | €23,180 | -€4,276 | -15.6% |
| Suppliers | 440/4 | €27,456 | €23,180 | -€4,276 | -15.6% |
| Taxes, remuneration and social security | 45 | €26,197 | €26,386 | +€189 | +0.7% |
| Taxes | 450/3 | €315 | €845 | +€530 | +168% |
| Remuneration and social security | 454/9 | €25,882 | €25,540 | -€341 | -1.3% |
| Other amounts payable | 47/48 | €1,050 | €0 | -€1,050 | -100% |
| Non-recurring operating income | 76A | €980 | €0 | -€980 | -100% |
| Remuneration, social security and pensions | 62 | €212,430 | €211,419 | -€1,011 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,297 | €27,922 | -€5,375 | -16.1% |
| Other operating charges | 640/8 | €1,973 | €2,665 | +€692 | +35.1% |
| Gross operating margin | 9900 | €263,248 | €254,225 | -€9,023 | -3.4% |
| Operating profit (loss) | 9901 | €15,548 | €12,219 | -€3,329 | -21.4% |
| Financial income | 75/76B | €24 | €0 | -€24 | -99.9% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -99.9% |
| Financial charges | 65/66B | €3,620 | €2,075 | -€1,545 | -42.7% |
| Recurring financial charges | 65 | €3,620 | €2,075 | -€1,545 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €11,953 | €10,144 | -€1,809 | -15.1% |
| Profit (loss) for the period | 9904 | €11,953 | €10,144 | -€1,809 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,953 | €10,144 | -€1,809 | -15.1% |
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 18 October 2026 via checked.be.