ECONOTEC: 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.
ECONOTEC
Largest movements
- Current investments +€8,987
up €8,987 (+12.1%), from €74,162 to €83,149
- Cash -€2,326
down €2,326 (-21.1%), from €11,001 to €8,675
mainly Current investments (-€8,987) and Receivables within one year (-€18)
- Other debts +€3,002
up €3,002 (+24.4%), from €12,283 to €15,285
- Reserves +€2,493
up €2,493 (+3.6%), from €68,808 to €71,301
of which Distributable reserves: +€2,493
- Trade debts +€1,091
new in 2025: €1,091
- Gross operating margin -€5,199
down €5,199 (-52.9%), from €9,823 to €4,625
- Taxes -€1,186
down €1,186 (-41.1%), from €2,887 to €1,701
- Financial income +€1,178
up €1,178 (+507.8%), from €232 to €1,410
- Financial charges +€105
up €105 (+10.3%), from €1,015 to €1,120
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 | €92,025 | €98,638 | +€6,613 | +7.2% |
| Current assets | 29/58 | €92,025 | €98,638 | +€6,613 | +7.2% |
| Amounts receivable within one year | 40/41 | €4,093 | €4,111 | +€18 | +0.4% |
| Trade receivables | 40 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 41 | €93 | €111 | +€18 | +19.0% |
| Current investments | 50/53 | €74,162 | €83,149 | +€8,987 | +12.1% |
| Cash at bank and in hand | 54/58 | €11,001 | €8,675 | -€2,326 | -21.1% |
| Deferred charges and accrued income | 490/1 | €2,769 | €2,704 | -€65 | -2.4% |
| Total equity and liabilities | 10/49 | €92,025 | €98,638 | +€6,613 | +7.2% |
| Equity | 10/15 | €78,178 | €80,671 | +€2,493 | +3.2% |
| Contributions | 10/11 | €9,370 | €9,370 | = | 0.0% |
| Reserves | 13 | €68,808 | €71,301 | +€2,493 | +3.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €66,949 | €69,442 | +€2,493 | +3.7% |
| Amounts payable | 17/49 | €13,847 | €17,967 | +€4,120 | +29.8% |
| Amounts payable within one year | 42/48 | €13,847 | €17,967 | +€4,120 | +29.8% |
| Trade debts | 44 | - | €1,091 | +€1,091 | |
| Suppliers | 440/4 | - | €1,091 | +€1,091 | |
| Taxes, remuneration and social security | 45 | €1,564 | €1,591 | +€26 | +1.7% |
| Taxes | 450/3 | €1,564 | €1,591 | +€26 | +1.7% |
| Other amounts payable | 47/48 | €12,283 | €15,285 | +€3,002 | +24.4% |
| Non-recurring operating income | 76A | €105 | - | -€105 | |
| Other operating charges | 640/8 | €656 | €720 | +€64 | +9.7% |
| Gross operating margin | 9900 | €9,823 | €4,625 | -€5,199 | -52.9% |
| Operating profit (loss) | 9901 | €9,167 | €3,905 | -€5,262 | -57.4% |
| Financial income | 75/76B | €232 | €1,410 | +€1,178 | +507.8% |
| Recurring financial income | 75 | €232 | €1,410 | +€1,178 | +507.8% |
| Financial charges | 65/66B | €1,015 | €1,120 | +€105 | +10.3% |
| Recurring financial charges | 65 | €1,015 | €1,120 | +€105 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €8,384 | €4,194 | -€4,189 | -50.0% |
| Income taxes | 67/77 | €2,887 | €1,701 | -€1,186 | -41.1% |
| Profit (loss) for the period | 9904 | €5,497 | €2,493 | -€3,003 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,497 | €2,493 | -€3,003 | -54.6% |
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 11 October 2026 via checked.be.