ECOPALETTE: 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.
What changed
ECOPALETTE
NACE 16.240, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€209,511
2024 · €286,753-€77,242
Equity
€1.1m
2024 · €862,106+€209,511
Cash
€1.1m
2024 · €884,402+€238,880
Balance sheet total
€1.9m
2024 · €1.7m+€239,957
Largest movements
Assets
- Cash +€238,880
up €238,880 (+27.0%), from €884,402 to €1.1m
mainly Net result for the year (+€209,511) and Trade debts (+€108,519)
- Receivables within one year +€62,484
up €62,484 (+16.3%), from €382,999 to €445,483
of which Trade receivables: +€64,408
- Tangible fixed assets -€45,769
down €45,769 (-21.6%), from €211,639 to €165,871
Equity and liabilities
- Profit (loss) carried forward +€209,511
up €209,511 (+72.7%), from €288,338 to €497,850
- Trade debts +€108,519
up €108,519 (+46.7%), from €232,426 to €340,945
- Debts after one year -€41,650
down €41,650 (-33.8%), from €123,362 to €81,712
of which Financial debts: -€41,650
- Tax, wage and social debts -€27,840
down €27,840 (-26.3%), from €105,880 to €78,040
of which Taxes: -€49,164
Income statement
- Staff costs +€140,442
up €140,442 (+38.0%), from €369,594 to €510,036
- Gross operating margin +€27,691
up €27,691 (+3.2%), from €865,375 to €893,066
- Other operating charges -€15,507
down €15,507 (-46.0%), from €33,690 to €18,183
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.
Result 2024
€286,753
Gross operating margin
+€27,691
Staff costs
-€140,442
Depreciation
+€1,625
Write-downs
+€2,853
Other operating charges
+€15,507
Financial income
+€430
Financial charges
+€8,018
Taxes
+€7,076
Result 2025
€209,511
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.
From operations
+€328,109
Investment
-€37,606
Financing
-€51,623
Cash 2024
€884,402
From operations (derived)
+€328,109
Net result for the year
+€209,511
Depreciation
+€83,375
Receivables after one year
+€1,200
Stocks and contracts
+€2,932
Receivables within one year
-€62,484
Deferred charges and accrued income
+€11,506
Trade debts
+€108,519
Tax, wage and social debts
-€27,840
Other debts
-€998
Accrued charges and deferred income
+€2,389
Investment (derived)
-€37,606
Investment in fixed assets (net)
-€37,606
Financing
-€51,623
Debts after one year
-€41,650
Current portion of long-term debt
-€9,959
Short-term financial debts
-€15
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,675,689 | €1,915,646 | +€239,957 | +14.3% |
| Fixed assets | 21/28 | €221,551 | €175,783 | -€45,769 | -20.7% |
| Tangible fixed assets | 22/27 | €211,639 | €165,871 | -€45,769 | -21.6% |
| Plant, machinery and equipment | 23 | €55,333 | €44,755 | -€10,577 | -19.1% |
| Furniture and vehicles | 24 | €28,724 | €14,679 | -€14,045 | -48.9% |
| Leasing and similar rights | 25 | €108,883 | €92,004 | -€16,879 | -15.5% |
| Other tangible fixed assets | 26 | €18,699 | €14,432 | -€4,267 | -22.8% |
| Financial fixed assets | 28 | €9,912 | €9,912 | = | 0.0% |
| Current assets | 29/58 | €1,454,137 | €1,739,863 | +€285,726 | +19.6% |
| Amounts receivable after more than one year | 29 | €91,716 | €90,516 | -€1,200 | -1.3% |
| Other amounts receivable | 291 | €91,716 | €90,516 | -€1,200 | -1.3% |
| Stocks and contracts in progress | 3 | €62,907 | €59,975 | -€2,932 | -4.7% |
| Stocks | 30/36 | €62,907 | €59,975 | -€2,932 | -4.7% |
| Amounts receivable within one year | 40/41 | €382,999 | €445,483 | +€62,484 | +16.3% |
| Trade receivables | 40 | €379,745 | €444,153 | +€64,408 | +17.0% |
| Other amounts receivable | 41 | €3,254 | €1,330 | -€1,924 | -59.1% |
| Cash at bank and in hand | 54/58 | €884,402 | €1,123,282 | +€238,880 | +27.0% |
| Deferred charges and accrued income | 490/1 | €32,113 | €20,607 | -€11,506 | -35.8% |
| Total equity and liabilities | 10/49 | €1,675,689 | €1,915,646 | +€239,957 | +14.3% |
| Equity | 10/15 | €862,106 | €1,071,617 | +€209,511 | +24.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €553,767 | €553,767 | = | 0.0% |
| Distributable reserves | 133 | €553,767 | €553,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | €288,338 | €497,850 | +€209,511 | +72.7% |
| Amounts payable | 17/49 | €813,583 | €844,029 | +€30,446 | +3.7% |
| Amounts payable after more than one year | 17 | €123,362 | €81,712 | -€41,650 | -33.8% |
| Financial debts | 170/4 | €123,362 | €81,712 | -€41,650 | -33.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €690,006 | €759,713 | +€69,707 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €52,459 | €42,500 | -€9,959 | -19.0% |
| Financial debts | 43 | €15,112 | €15,097 | -€15 | -0.1% |
| Other loans | 439 | €15,112 | €15,097 | -€15 | -0.1% |
| Trade debts | 44 | €232,426 | €340,945 | +€108,519 | +46.7% |
| Suppliers | 440/4 | €232,426 | €340,945 | +€108,519 | +46.7% |
| Taxes, remuneration and social security | 45 | €105,880 | €78,040 | -€27,840 | -26.3% |
| Taxes | 450/3 | €65,458 | €16,293 | -€49,164 | -75.1% |
| Remuneration and social security | 454/9 | €40,423 | €61,747 | +€21,324 | +52.8% |
| Other amounts payable | 47/48 | €284,129 | €283,130 | -€998 | -0.4% |
| Accrued charges and deferred income | 492/3 | €215 | €2,604 | +€2,389 | +1111.9% |
| Remuneration, social security and pensions | 62 | €369,594 | €510,036 | +€140,442 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,000 | €83,375 | -€1,625 | -1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,853 | €0 | -€2,853 | -100.0% |
| Other operating charges | 640/8 | €33,690 | €18,183 | -€15,507 | -46.0% |
| Gross operating margin | 9900 | €865,375 | €893,066 | +€27,691 | +3.2% |
| Operating profit (loss) | 9901 | €374,238 | €281,472 | -€92,766 | -24.8% |
| Financial income | 75/76B | €1,919 | €2,348 | +€430 | +22.4% |
| Recurring financial income | 75 | €1,919 | €2,348 | +€430 | +22.4% |
| Financial charges | 65/66B | €18,658 | €10,639 | -€8,018 | -43.0% |
| Recurring financial charges | 65 | €18,658 | €10,639 | -€8,018 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €357,499 | €273,181 | -€84,318 | -23.6% |
| Income taxes | 67/77 | €70,746 | €63,670 | -€7,076 | -10.0% |
| Profit (loss) for the period | 9904 | €286,753 | €209,511 | -€77,242 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €286,753 | €209,511 | -€77,242 | -26.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.