Ecopublic: 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.
Ecopublic
Largest movements
- Receivables within one year -€90,721
down €90,721 (-48.4%), from €187,606 to €96,885
of which Trade receivables: -€67,595
- Stocks and contracts +€33,046
up €33,046 (+1382.7%), from €2,390 to €35,436
- Cash +€3,124
up €3,124 (+114.7%), from €2,723 to €5,846
mainly Receivables within one year (+€90,721) and Other debts (+€80,050)
- Profit (loss) carried forward -€120,853
down €120,853, from €21,511 to -€99,341
- Other debts +€80,050
up €80,050 (+4104.1%), from €1,951 to €82,000
- Tax, wage and social debts -€13,963
down €13,963 (-71.0%), from €19,661 to €5,698
of which Taxes: -€13,963
- Short-term financial debts +€3,475
up €3,475 (+5.8%), from €60,000 to €63,475
- Trade debts -€3,402
down €3,402 (-5.9%), from €57,226 to €53,823
- Gross operating margin -€103,207
down €103,207, from €36,300 to -€66,907
- Financial charges +€48,362
up €48,362 (+547.7%), from €8,831 to €57,193
of which Non-recurring financial charges: +€50,000
- Taxes -€9,261
no longer reported in 2025 (was €9,261)
- Write-downs -€8,928
no longer reported in 2025 (was €8,928)
- Financial income -€850
down €850 (-13.9%), from €6,128 to €5,279
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 | €194,821 | €140,604 | -€54,217 | -27.8% |
| Fixed assets | 21/28 | €713 | €713 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €713 | €713 | = | 0.0% |
| Current assets | 29/58 | €194,108 | €139,891 | -€54,217 | -27.9% |
| Stocks and contracts in progress | 3 | €2,390 | €35,436 | +€33,046 | +1382.7% |
| Stocks | 30/36 | €2,390 | €35,436 | +€33,046 | +1382.7% |
| Amounts receivable within one year | 40/41 | €187,606 | €96,885 | -€90,721 | -48.4% |
| Trade receivables | 40 | €89,268 | €21,673 | -€67,595 | -75.7% |
| Other amounts receivable | 41 | €98,338 | €75,212 | -€23,126 | -23.5% |
| Cash at bank and in hand | 54/58 | €2,723 | €5,846 | +€3,124 | +114.7% |
| Deferred charges and accrued income | 490/1 | €1,389 | €1,723 | +€334 | +24.1% |
| Total equity and liabilities | 10/49 | €194,821 | €140,604 | -€54,217 | -27.8% |
| Equity | 10/15 | €55,984 | -€64,869 | -€120,853 | |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €6,973 | €6,973 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,973 | €6,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,511 | -€99,341 | -€120,853 | |
| Amounts payable | 17/49 | €138,837 | €205,473 | +€66,636 | +48.0% |
| Amounts payable within one year | 42/48 | €138,837 | €205,473 | +€66,636 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | - | €477 | +€477 | |
| Financial debts | 43 | €60,000 | €63,475 | +€3,475 | +5.8% |
| Credit institutions | 430/8 | €60,000 | €63,475 | +€3,475 | +5.8% |
| Trade debts | 44 | €57,226 | €53,823 | -€3,402 | -5.9% |
| Suppliers | 440/4 | €57,226 | €53,823 | -€3,402 | -5.9% |
| Taxes, remuneration and social security | 45 | €19,661 | €5,698 | -€13,963 | -71.0% |
| Taxes | 450/3 | €19,661 | €5,698 | -€13,963 | -71.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,951 | €82,000 | +€80,050 | +4104.1% |
| Remuneration, social security and pensions | 62 | -€26 | - | +€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370 | - | -€370 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,928 | - | -€8,928 | |
| Other operating charges | 640/8 | €1,543 | €2,032 | +€489 | +31.7% |
| Gross operating margin | 9900 | €36,300 | -€66,907 | -€103,207 | |
| Operating profit (loss) | 9901 | €25,485 | -€68,939 | -€94,424 | |
| Financial income | 75/76B | €6,128 | €5,279 | -€850 | -13.9% |
| Recurring financial income | 75 | €6,128 | €5,279 | -€850 | -13.9% |
| Financial charges | 65/66B | €8,831 | €57,193 | +€48,362 | +547.7% |
| Recurring financial charges | 65 | €8,831 | €7,193 | -€1,638 | -18.5% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | €22,782 | -€120,853 | -€143,635 | |
| Income taxes | 67/77 | €9,261 | - | -€9,261 | |
| Profit (loss) for the period | 9904 | €13,522 | -€120,853 | -€134,375 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,522 | -€120,853 | -€134,375 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.