ECORUB: 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.
ECORUB
Largest movements
- Cash +€20,754
up €20,754 (+15.2%), from €136,711 to €157,465
mainly Depreciation (+€29,846) and Other debts (+€14,977)
- Tangible fixed assets -€13,399
down €13,399 (-14.3%), from €93,406 to €80,008
of which Plant, machinery and equipment: -€17,059
- Financial fixed assets -€8,639
down €8,639 (-100.0%), from €8,639 to €0
- Stocks and contracts +€4,083
up €4,083 (+72.3%), from €5,643 to €9,725
- Intangible fixed assets -€4,003
down €4,003 (-24.3%), from €16,453 to €12,450
- Other debts +€14,977
up €14,977 (+16.7%), from €89,552 to €104,529
- Trade debts -€10,030
down €10,030 (-33.5%), from €29,916 to €19,885
- Tax, wage and social debts -€3,435
down €3,435 (-35.7%), from €9,630 to €6,196
of which Remuneration and social security: -€1,924
- Other operating charges -€20,647
down €20,647 (-97.4%), from €21,203 to €555
- Gross operating margin -€17,045
down €17,045 (-17.7%), from €96,356 to €79,311
- Depreciation +€6,116
up €6,116 (+25.8%), from €23,730 to €29,846
- Financial charges +€3,599
up €3,599 (+63.5%), from €5,671 to €9,270
- Staff costs +€2,257
up €2,257 (+5.8%), from €38,984 to €41,242
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,686 | €315,677 | -€9 | 0.0% |
| Fixed assets | 21/28 | €118,499 | €92,458 | -€26,041 | -22.0% |
| Intangible fixed assets | 21 | €16,453 | €12,450 | -€4,003 | -24.3% |
| Tangible fixed assets | 22/27 | €93,406 | €80,008 | -€13,399 | -14.3% |
| Land and buildings | 22 | €12,265 | €9,617 | -€2,648 | -21.6% |
| Plant, machinery and equipment | 23 | €75,712 | €58,653 | -€17,059 | -22.5% |
| Furniture and vehicles | 24 | €5,430 | €3,098 | -€2,331 | -42.9% |
| Other tangible fixed assets | 26 | - | €8,639 | +€8,639 | |
| Financial fixed assets | 28 | €8,639 | €0 | -€8,639 | -100.0% |
| Current assets | 29/58 | €197,187 | €223,219 | +€26,032 | +13.2% |
| Stocks and contracts in progress | 3 | €5,643 | €9,725 | +€4,083 | +72.3% |
| Stocks | 30/36 | €5,643 | €9,725 | +€4,083 | +72.3% |
| Amounts receivable within one year | 40/41 | €52,085 | €53,271 | +€1,186 | +2.3% |
| Trade receivables | 40 | €51,981 | €50,180 | -€1,801 | -3.5% |
| Other amounts receivable | 41 | €104 | €3,090 | +€2,987 | +2880.0% |
| Cash at bank and in hand | 54/58 | €136,711 | €157,465 | +€20,754 | +15.2% |
| Deferred charges and accrued income | 490/1 | €2,749 | €2,758 | +€9 | +0.3% |
| Total equity and liabilities | 10/49 | €315,686 | €315,677 | -€9 | 0.0% |
| Equity | 10/15 | €186,588 | €185,067 | -€1,521 | -0.8% |
| Contributions | 10/11 | €8,588 | €8,588 | = | 0.0% |
| Reserves | 13 | €38,933 | €38,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,097 | €32,097 | = | 0.0% |
| Distributable reserves | 133 | €4,936 | €4,936 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,066 | €137,545 | -€1,521 | -1.1% |
| Amounts payable | 17/49 | €129,098 | €130,610 | +€1,512 | +1.2% |
| Amounts payable within one year | 42/48 | €129,098 | €130,610 | +€1,512 | +1.2% |
| Trade debts | 44 | €29,916 | €19,885 | -€10,030 | -33.5% |
| Suppliers | 440/4 | €29,916 | €19,885 | -€10,030 | -33.5% |
| Taxes, remuneration and social security | 45 | €9,630 | €6,196 | -€3,435 | -35.7% |
| Taxes | 450/3 | €7,263 | €5,752 | -€1,511 | -20.8% |
| Remuneration and social security | 454/9 | €2,367 | €444 | -€1,924 | -81.3% |
| Other amounts payable | 47/48 | €89,552 | €104,529 | +€14,977 | +16.7% |
| Remuneration, social security and pensions | 62 | €38,984 | €41,242 | +€2,257 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,730 | €29,846 | +€6,116 | +25.8% |
| Other operating charges | 640/8 | €21,203 | €555 | -€20,647 | -97.4% |
| Gross operating margin | 9900 | €96,356 | €79,311 | -€17,045 | -17.7% |
| Operating profit (loss) | 9901 | €12,440 | €7,668 | -€4,771 | -38.4% |
| Financial income | 75/76B | €363 | €550 | +€187 | +51.5% |
| Recurring financial income | 75 | €363 | €550 | +€187 | +51.5% |
| Financial charges | 65/66B | €5,671 | €9,270 | +€3,599 | +63.5% |
| Recurring financial charges | 65 | €5,671 | €9,270 | +€3,599 | +63.5% |
| Profit (loss) for the period before taxes | 9903 | €7,132 | -€1,052 | -€8,184 | |
| Income taxes | 67/77 | €2,470 | €469 | -€2,001 | -81.0% |
| Profit (loss) for the period | 9904 | €4,661 | -€1,521 | -€6,182 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,661 | -€1,521 | -€6,182 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.