ECOPOELEPELLET: 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.
ECOPOELEPELLET
Largest movements
- Tangible fixed assets -€9,949
down €9,949 (-45.6%), from €21,829 to €11,880
of which Furniture and vehicles: -€8,901
- Cash -€3,638
down €3,638 (-12.6%), from €28,854 to €25,216
mainly Debts after one year (-€6,200) and Other debts (-€5,116)
- Debts after one year -€6,200
down €6,200 (-74.8%), from €8,294 to €2,094
- Other debts -€5,116
down €5,116 (-29.9%), from €17,104 to €11,989
- Profit (loss) carried forward -€4,717
down €4,717 (-18.0%), from €26,184 to €21,467
- Advances received +€4,620
new in 2025: €4,620
- Tax, wage and social debts -€2,185
down €2,185 (-75.3%), from €2,902 to €718
- Gross operating margin -€11,589
down €11,589 (-55.2%), from €20,992 to €9,403
- Depreciation -€2,188
down €2,188 (-18.0%), from €12,137 to €9,949
- Taxes -€706
down €706 (-84.3%), from €838 to €132
- Other operating charges +€486
up €486 (+15.9%), from €3,068 to €3,554
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 | €69,012 | €54,885 | -€14,126 | -20.5% |
| Fixed assets | 21/28 | €22,089 | €12,140 | -€9,949 | -45.0% |
| Tangible fixed assets | 22/27 | €21,829 | €11,880 | -€9,949 | -45.6% |
| Plant, machinery and equipment | 23 | €2,690 | €1,642 | -€1,048 | -39.0% |
| Furniture and vehicles | 24 | €19,139 | €10,238 | -€8,901 | -46.5% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €46,923 | €42,745 | -€4,177 | -8.9% |
| Stocks and contracts in progress | 3 | €14,345 | €13,826 | -€518 | -3.6% |
| Stocks | 30/36 | €14,345 | €13,826 | -€518 | -3.6% |
| Amounts receivable within one year | 40/41 | €2,962 | €2,898 | -€64 | -2.2% |
| Trade receivables | 40 | - | €130 | +€130 | |
| Other amounts receivable | 41 | €2,962 | €2,768 | -€194 | -6.5% |
| Cash at bank and in hand | 54/58 | €28,854 | €25,216 | -€3,638 | -12.6% |
| Deferred charges and accrued income | 490/1 | €762 | €805 | +€43 | +5.7% |
| Total equity and liabilities | 10/49 | €69,012 | €54,885 | -€14,126 | -20.5% |
| Equity | 10/15 | €32,384 | €27,667 | -€4,717 | -14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,184 | €21,467 | -€4,717 | -18.0% |
| Amounts payable | 17/49 | €36,628 | €27,218 | -€9,409 | -25.7% |
| Amounts payable after more than one year | 17 | €8,294 | €2,094 | -€6,200 | -74.8% |
| Financial debts | 170/4 | €8,294 | €2,094 | -€6,200 | -74.8% |
| Amounts payable within one year | 42/48 | €28,334 | €25,124 | -€3,209 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €6,078 | €6,200 | +€122 | +2.0% |
| Trade debts | 44 | €2,250 | €1,598 | -€651 | -29.0% |
| Suppliers | 440/4 | €2,250 | €1,598 | -€651 | -29.0% |
| Advances received on contracts in progress | 46 | - | €4,620 | +€4,620 | |
| Taxes, remuneration and social security | 45 | €2,902 | €718 | -€2,185 | -75.3% |
| Taxes | 450/3 | €2,902 | €718 | -€2,185 | -75.3% |
| Other amounts payable | 47/48 | €17,104 | €11,989 | -€5,116 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,137 | €9,949 | -€2,188 | -18.0% |
| Other operating charges | 640/8 | €3,068 | €3,554 | +€486 | +15.9% |
| Gross operating margin | 9900 | €20,992 | €9,403 | -€11,589 | -55.2% |
| Operating profit (loss) | 9901 | €5,788 | -€4,099 | -€9,887 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €638 | €500 | -€138 | -21.6% |
| Recurring financial charges | 65 | €638 | €500 | -€138 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €5,150 | -€4,585 | -€9,735 | |
| Income taxes | 67/77 | €838 | €132 | -€706 | -84.3% |
| Profit (loss) for the period | 9904 | €4,311 | -€4,717 | -€9,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,311 | -€4,717 | -€9,028 |
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 15 October 2026 via checked.be.