ECOS: 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.
ECOS
Largest movements
- Receivables within one year +€27,293
up €27,293 (+54.1%), from €50,469 to €77,763
of which Trade receivables: +€31,523
- Stocks and contracts +€4,000
up €4,000 (+11.3%), from €35,460 to €39,460
- Advances received +€46,222
up €46,222 (+295.2%), from €15,660 to €61,882
- Trade debts -€19,347
down €19,347 (-28.7%), from €67,448 to €48,100
- Profit (loss) carried forward +€5,337
up €5,337 (+29.6%), from -€18,053 to -€12,717
- Gross operating margin +€5,782
up €5,782 (+352.7%), from €1,639 to €7,422
- Taxes +€1,435
up €1,435 (+417.1%), from €344 to €1,779
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 | €187,649 | €219,517 | +€31,868 | +17.0% |
| Current assets | 29/58 | €187,649 | €219,517 | +€31,868 | +17.0% |
| Stocks and contracts in progress | 3 | €35,460 | €39,460 | +€4,000 | +11.3% |
| Contracts in progress | 37 | €35,460 | €39,460 | +€4,000 | +11.3% |
| Amounts receivable within one year | 40/41 | €50,469 | €77,763 | +€27,293 | +54.1% |
| Trade receivables | 40 | €18,253 | €49,775 | +€31,523 | +172.7% |
| Other amounts receivable | 41 | €32,217 | €27,987 | -€4,229 | -13.1% |
| Cash at bank and in hand | 54/58 | €101,720 | €102,184 | +€464 | +0.5% |
| Deferred charges and accrued income | 490/1 | - | €110 | +€110 | |
| Total equity and liabilities | 10/49 | €187,649 | €219,517 | +€31,868 | +17.0% |
| Equity | 10/15 | €52,340 | €57,676 | +€5,337 | +10.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €8,393 | €8,393 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €5,294 | €5,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,053 | -€12,717 | +€5,337 | +29.6% |
| Amounts payable | 17/49 | €135,310 | €161,841 | +€26,531 | +19.6% |
| Amounts payable within one year | 42/48 | €135,310 | €161,841 | +€26,531 | +19.6% |
| Trade debts | 44 | €67,448 | €48,100 | -€19,347 | -28.7% |
| Suppliers | 440/4 | €67,448 | €48,100 | -€19,347 | -28.7% |
| Advances received on contracts in progress | 46 | €15,660 | €61,882 | +€46,222 | +295.2% |
| Taxes, remuneration and social security | 45 | €1,220 | €875 | -€344 | -28.2% |
| Taxes | 450/3 | €1,220 | €875 | -€344 | -28.2% |
| Other amounts payable | 47/48 | €50,982 | €50,982 | = | 0.0% |
| Other operating charges | 640/8 | €220 | €220 | = | 0.0% |
| Gross operating margin | 9900 | €1,639 | €7,422 | +€5,782 | +352.7% |
| Operating profit (loss) | 9901 | €1,419 | €7,202 | +€5,782 | +407.4% |
| Financial charges | 65/66B | €157 | €86 | -€71 | -45.2% |
| Recurring financial charges | 65 | €157 | €86 | -€71 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €1,263 | €7,116 | +€5,853 | +463.6% |
| Income taxes | 67/77 | €344 | €1,779 | +€1,435 | +417.1% |
| Profit (loss) for the period | 9904 | €918 | €5,337 | +€4,418 | +481.0% |
| Profit (loss) for the period to be appropriated | 9905 | €918 | €5,337 | +€4,418 | +481.0% |
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 12 October 2026 via checked.be.