ECOPOON: 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.
ECOPOON
Largest movements
- Tangible fixed assets -€97,055
down €97,055 (-20.6%), from €472,104 to €375,049
of which Plant, machinery and equipment: -€91,904
- Intangible fixed assets +€41,387
up €41,387 (+14.6%), from €283,433 to €324,820
- Receivables within one year +€24,366
up €24,366 (+66.5%), from €36,652 to €61,018
of which Other amounts receivable: +€13,074
- Deferred charges and accrued income -€17,234
down €17,234 (-65.5%), from €26,324 to €9,089
- Cash +€15,615
up €15,615 (+21.6%), from €72,312 to €87,927
mainly Depreciation (+€161,327) and Contributions, distributions and other (+€40,688)
- Profit (loss) carried forward -€107,701
down €107,701 (-72.7%), from -€148,093 to -€255,794
- Investment grants +€40,688
up €40,688 (+52.7%), from €77,156 to €117,844
- Current portion of long-term debt +€10,418
up €10,418 (+11.6%), from €89,498 to €99,916
- Debts after one year +€10,403
up €10,403 (+2.1%), from €495,093 to €505,496
- Depreciation +€27,680
up €27,680 (+20.7%), from €133,648 to €161,327
- Other operating charges +€7,933
up €7,933 (+1,120%), from €708 to €8,641
- Gross operating margin +€6,452
up €6,452 (+2.8%), from €230,036 to €236,488
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 | €928,837 | €882,535 | -€46,302 | -5.0% |
| Formation expenses | 20 | €1,914 | €769 | -€1,145 | -59.8% |
| Fixed assets | 21/28 | €755,537 | €699,868 | -€55,669 | -7.4% |
| Intangible fixed assets | 21 | €283,433 | €324,820 | +€41,387 | +14.6% |
| Tangible fixed assets | 22/27 | €472,104 | €375,049 | -€97,055 | -20.6% |
| Plant, machinery and equipment | 23 | €438,079 | €346,175 | -€91,904 | -21.0% |
| Furniture and vehicles | 24 | €224 | €0 | -€224 | -100% |
| Other tangible fixed assets | 26 | €33,801 | €28,874 | -€4,927 | -14.6% |
| Current assets | 29/58 | €171,386 | €181,897 | +€10,511 | +6.1% |
| Stocks and contracts in progress | 3 | €36,099 | €23,863 | -€12,236 | -33.9% |
| Stocks | 30/36 | €36,099 | €23,863 | -€12,236 | -33.9% |
| Amounts receivable within one year | 40/41 | €36,652 | €61,018 | +€24,366 | +66.5% |
| Trade receivables | 40 | €34,353 | €45,645 | +€11,292 | +32.9% |
| Other amounts receivable | 41 | €2,299 | €15,373 | +€13,074 | +569% |
| Cash at bank and in hand | 54/58 | €72,312 | €87,927 | +€15,615 | +21.6% |
| Deferred charges and accrued income | 490/1 | €26,324 | €9,089 | -€17,234 | -65.5% |
| Total equity and liabilities | 10/49 | €928,837 | €882,535 | -€46,302 | -5.0% |
| Equity | 10/15 | €320,123 | €253,110 | -€67,013 | -20.9% |
| Contributions | 10/11 | €391,060 | €391,060 | = | 0.0% |
| Capital | 10 | €391,060 | €391,060 | = | 0.0% |
| Issued capital | 100 | €391,060 | €391,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,093 | -€255,794 | -€107,701 | -72.7% |
| Investment grants | 15 | €77,156 | €117,844 | +€40,688 | +52.7% |
| Amounts payable | 17/49 | €608,714 | €629,425 | +€20,711 | +3.4% |
| Amounts payable after more than one year | 17 | €495,093 | €505,496 | +€10,403 | +2.1% |
| Financial debts | 170/4 | €495,093 | €505,496 | +€10,403 | +2.1% |
| Amounts payable within one year | 42/48 | €113,621 | €123,929 | +€10,308 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €89,498 | €99,916 | +€10,418 | +11.6% |
| Trade debts | 44 | €8,573 | €11,649 | +€3,077 | +35.9% |
| Suppliers | 440/4 | €8,573 | €11,649 | +€3,077 | +35.9% |
| Taxes, remuneration and social security | 45 | €14,039 | €10,099 | -€3,940 | -28.1% |
| Taxes | 450/3 | €5,520 | €3,292 | -€2,228 | -40.4% |
| Remuneration and social security | 454/9 | €8,519 | €6,806 | -€1,712 | -20.1% |
| Other amounts payable | 47/48 | €1,511 | €2,265 | +€754 | +49.9% |
| Remuneration, social security and pensions | 62 | €165,429 | €167,516 | +€2,087 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,648 | €161,327 | +€27,680 | +20.7% |
| Other operating charges | 640/8 | €708 | €8,641 | +€7,933 | +1,120% |
| Gross operating margin | 9900 | €230,036 | €236,488 | +€6,452 | +2.8% |
| Operating profit (loss) | 9901 | -€69,748 | -€100,997 | -€31,248 | -44.8% |
| Financial income | 75/76B | €17,728 | €17,712 | -€15 | -0.1% |
| Recurring financial income | 75 | €17,728 | €17,712 | -€15 | -0.1% |
| Financial charges | 65/66B | €25,267 | €24,417 | -€850 | -3.4% |
| Recurring financial charges | 65 | €25,267 | €24,417 | -€850 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€77,287 | -€107,701 | -€30,413 | -39.4% |
| Profit (loss) for the period | 9904 | -€77,287 | -€107,701 | -€30,413 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,287 | -€107,701 | -€30,413 | -39.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.