ECORURA: 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.
ECORURA
Largest movements
- Tangible fixed assets -€62,437
down €62,437 (-5.9%), from €1.1m to €994,876
of which Land and buildings: -€53,627
- Receivables within one year -€35,814
down €35,814 (-92.5%), from €38,726 to €2,912
of which Trade receivables: -€34,699
- Debts after one year -€60,000
down €60,000 (-7.5%), from €804,596 to €744,596
of which Financial debts: -€60,000
- Trade debts -€24,052
down €24,052 (-54.7%), from €43,955 to €19,903
- Other debts -€18,511
down €18,511 (-15.2%), from €121,752 to €103,241
- Gross operating margin -€4,849
down €4,849 (-5.2%), from €92,886 to €88,038
- Depreciation +€3,926
up €3,926 (+6.7%), from €58,511 to €62,437
- Financial charges -€2,416
down €2,416 (-23.0%), from €10,503 to €8,087
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 | €1,129,528 | €1,032,588 | -€96,940 | -8.6% |
| Fixed assets | 21/28 | €1,082,363 | €1,019,926 | -€62,437 | -5.8% |
| Tangible fixed assets | 22/27 | €1,057,313 | €994,876 | -€62,437 | -5.9% |
| Land and buildings | 22 | €1,023,263 | €969,636 | -€53,627 | -5.2% |
| Plant, machinery and equipment | 23 | €32,481 | €24,745 | -€7,736 | -23.8% |
| Furniture and vehicles | 24 | €1,569 | €495 | -€1,074 | -68.4% |
| Financial fixed assets | 28 | €25,050 | €25,050 | = | 0.0% |
| Current assets | 29/58 | €47,165 | €12,662 | -€34,503 | -73.2% |
| Amounts receivable within one year | 40/41 | €38,726 | €2,912 | -€35,814 | -92.5% |
| Trade receivables | 40 | €37,611 | €2,912 | -€34,699 | -92.3% |
| Other amounts receivable | 41 | €1,115 | - | -€1,115 | |
| Cash at bank and in hand | 54/58 | €960 | €2,517 | +€1,557 | +162% |
| Deferred charges and accrued income | 490/1 | €7,479 | €7,233 | -€245 | -3.3% |
| Total equity and liabilities | 10/49 | €1,129,528 | €1,032,588 | -€96,940 | -8.6% |
| Equity | 10/15 | €83,882 | €90,820 | +€6,938 | +8.3% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Revaluation surpluses | 12 | €16,850 | €16,850 | = | 0.0% |
| Reserves | 13 | - | €6,938 | +€6,938 | |
| Distributable reserves | 133 | - | €6,938 | +€6,938 | |
| Profit (loss) carried forward | 14 | -€1,568 | -€1,568 | = | 0.0% |
| Amounts payable | 17/49 | €1,045,646 | €941,768 | -€103,878 | -9.9% |
| Amounts payable after more than one year | 17 | €804,596 | €744,596 | -€60,000 | -7.5% |
| Financial debts | 170/4 | €177,500 | €117,500 | -€60,000 | -33.8% |
| Other amounts payable | 178/9 | €627,096 | €627,096 | = | 0.0% |
| Amounts payable within one year | 42/48 | €240,358 | €197,172 | -€43,186 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €43,955 | €19,903 | -€24,052 | -54.7% |
| Suppliers | 440/4 | €43,955 | €19,903 | -€24,052 | -54.7% |
| Taxes, remuneration and social security | 45 | €14,651 | €14,029 | -€622 | -4.2% |
| Taxes | 450/3 | €5,161 | €10,572 | +€5,412 | +105% |
| Remuneration and social security | 454/9 | €9,491 | €3,456 | -€6,034 | -63.6% |
| Other amounts payable | 47/48 | €121,752 | €103,241 | -€18,511 | -15.2% |
| Accrued charges and deferred income | 492/3 | €692 | - | -€692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,511 | €62,437 | +€3,926 | +6.7% |
| Other operating charges | 640/8 | €7,353 | €6,473 | -€880 | -12.0% |
| Gross operating margin | 9900 | €92,886 | €88,038 | -€4,849 | -5.2% |
| Operating profit (loss) | 9901 | €27,022 | €19,127 | -€7,894 | -29.2% |
| Financial income | 75/76B | €2 | €4 | +€2 | +98.7% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +98.7% |
| Financial charges | 65/66B | €10,503 | €8,087 | -€2,416 | -23.0% |
| Recurring financial charges | 65 | €10,503 | €8,087 | -€2,416 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €16,521 | €11,045 | -€5,476 | -33.1% |
| Income taxes | 67/77 | €3,357 | €4,107 | +€750 | +22.3% |
| Profit (loss) for the period | 9904 | €13,164 | €6,938 | -€6,226 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,164 | €6,938 | -€6,226 | -47.3% |
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 27 October 2026 via checked.be.