ECOO Innovation: 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.
ECOO Innovation
Largest movements
- Current investments -€2.0m
down €2.0m (-100%), from €2.0m to €0
- Cash +€1.0m
up €1.0m (+305%), from €342,199 to €1.4m
mainly Contributions, distributions and other (+€4.8m) and Current investments (+€2.0m)
- Contributions +€4.8m
up €4.8m (+152%), from €3.1m to €7.9m
- Other debts -€4.3m
down €4.3m (-100%), from €4.3m to €0
- Debts after one year -€1.2m
down €1.2m (-10.4%), from €11.4m to €10.2m
- Profit (loss) carried forward -€578,463
down €578,463 (-77.7%), from -€744,195 to -€1.3m
- Current portion of long-term debt +€283,333
up €283,333 (+47.2%), from €600,000 to €883,333
- Services and other goods +€386,639
up €386,639 (+200%), from €193,204 to €579,843
- Financial income -€70,483
down €70,483 (-40.8%), from €172,821 to €102,338
- Financial charges +€64,703
up €64,703 (+19.3%), from €334,967 to €399,670
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 | €19,401,796 | €18,562,456 | -€839,341 | -4.3% |
| Fixed assets | 21/28 | €12,000,000 | €12,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €12,000,000 | €12,000,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €12,000,000 | €12,000,000 | = | 0.0% |
| Participating interests | 282 | €12,000,000 | €12,000,000 | = | 0.0% |
| Current assets | 29/58 | €7,401,796 | €6,562,456 | -€839,341 | -11.3% |
| Amounts receivable after more than one year | 29 | €3,000,000 | €3,000,000 | = | 0.0% |
| Other amounts receivable | 291 | €3,000,000 | €3,000,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,824,098 | €1,853,950 | +€29,852 | +1.6% |
| Trade receivables | 40 | €0 | €30,250 | +€30,250 | |
| Other amounts receivable | 41 | €1,824,098 | €1,823,700 | -€398 | 0.0% |
| Current investments | 50/53 | €2,000,000 | €0 | -€2.0m | -100% |
| Other investments | 51/53 | €2,000,000 | €0 | -€2.0m | -100% |
| Cash at bank and in hand | 54/58 | €342,199 | €1,384,506 | +€1.0m | +305% |
| Deferred charges and accrued income | 490/1 | €235,500 | €324,000 | +€88,500 | +37.6% |
| Total equity and liabilities | 10/49 | €19,401,796 | €18,562,456 | -€839,341 | -4.3% |
| Equity | 10/15 | €2,385,805 | €6,557,342 | +€4.2m | +175% |
| Contributions | 10/11 | €3,130,000 | €7,880,000 | +€4.8m | +152% |
| Profit (loss) carried forward | 14 | -€744,195 | -€1,322,658 | -€578,463 | -77.7% |
| Amounts payable | 17/49 | €17,015,991 | €12,005,114 | -€5.0m | -29.4% |
| Amounts payable after more than one year | 17 | €11,393,900 | €10,206,122 | -€1.2m | -10.4% |
| Financial debts | 170/4 | €11,393,900 | €10,206,122 | -€1.2m | -10.4% |
| Subordinated loans | 170 | - | €6,083,900 | +€6.1m | |
| Credit institutions | 173 | €1,560,000 | €4,122,222 | +€2.6m | +164% |
| Other loans | 174 | €9,833,900 | - | -€9.8m | |
| Amounts payable within one year | 42/48 | €4,900,125 | €891,675 | -€4.0m | -81.8% |
| Current portion of amounts payable after more than one year | 42 | €600,000 | €883,333 | +€283,333 | +47.2% |
| Trade debts | 44 | €125 | €125 | = | 0.0% |
| Suppliers | 440/4 | €125 | €125 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €8,216 | +€8,216 | |
| Taxes | 450/3 | - | €8,216 | +€8,216 | |
| Other amounts payable | 47/48 | €4,300,000 | €0 | -€4.3m | -100% |
| Accrued charges and deferred income | 492/3 | €721,966 | €907,317 | +€185,351 | +25.7% |
| Operating income | 70/76A | €300,000 | €300,000 | = | 0.0% |
| Turnover | 70 | €300,000 | €300,000 | = | 0.0% |
| Operating charges | 60/66A | €193,802 | €581,131 | +€387,329 | +200% |
| Services and other goods | 61 | €193,204 | €579,843 | +€386,639 | +200% |
| Other operating charges | 640/8 | €598 | €1,288 | +€690 | +115% |
| Operating profit (loss) | 9901 | €106,198 | -€281,131 | -€387,329 | |
| Financial income | 75/76B | €172,821 | €102,338 | -€70,483 | -40.8% |
| Recurring financial income | 75 | €172,821 | €102,338 | -€70,483 | -40.8% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €172,821 | €102,338 | -€70,483 | -40.8% |
| Financial charges | 65/66B | €334,967 | €399,670 | +€64,703 | +19.3% |
| Recurring financial charges | 65 | €334,967 | €399,670 | +€64,703 | +19.3% |
| Debt charges | 650 | €334,354 | €398,172 | +€63,818 | +19.1% |
| Other financial charges | 652/9 | €614 | €1,498 | +€884 | +144% |
| Profit (loss) for the period before taxes | 9903 | -€55,948 | -€578,463 | -€522,515 | -934% |
| Profit (loss) for the period | 9904 | -€55,948 | -€578,463 | -€522,515 | -934% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,948 | -€578,463 | -€522,515 | -934% |
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.