ECOS+: 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.
ECOS+
Largest movements
- Cash -€54,910
down €54,910 (-62.3%), from €88,089 to €33,180
mainly Other debts (-€17,161) and Stocks and contracts (-€15,968)
- Stocks and contracts +€15,968
up €15,968 (+13.9%), from €114,652 to €130,620
- Receivables within one year +€14,613
up €14,613 (+30.6%), from €47,789 to €62,402
of which Trade receivables: +€14,613
- Other debts -€17,161
down €17,161 (-17.0%), from €101,228 to €84,067
- Tax, wage and social debts -€10,293
down €10,293 (-29.0%), from €35,553 to €25,260
of which Taxes: -€7,882
- Gross operating margin -€20,239
down €20,239 (-19.8%), from €102,257 to €82,017
- Staff costs +€16,394
up €16,394 (+27.9%), from €58,735 to €75,129
- Taxes -€4,148
down €4,148, from €4,148 to -€0
- Financial charges -€2,422
down €2,422 (-57.7%), from €4,196 to €1,774
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 | €266,008 | €237,303 | -€28,705 | -10.8% |
| Fixed assets | 21/28 | €10,068 | €7,106 | -€2,962 | -29.4% |
| Intangible fixed assets | 21 | €4,450 | €2,920 | -€1,530 | -34.4% |
| Tangible fixed assets | 22/27 | €5,618 | €4,186 | -€1,432 | -25.5% |
| Furniture and vehicles | 24 | €5,618 | €4,186 | -€1,432 | -25.5% |
| Current assets | 29/58 | €255,940 | €230,197 | -€25,743 | -10.1% |
| Stocks and contracts in progress | 3 | €114,652 | €130,620 | +€15,968 | +13.9% |
| Stocks | 30/36 | €114,652 | €130,620 | +€15,968 | +13.9% |
| Amounts receivable within one year | 40/41 | €47,789 | €62,402 | +€14,613 | +30.6% |
| Trade receivables | 40 | €47,789 | €62,402 | +€14,613 | +30.6% |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €88,089 | €33,180 | -€54,910 | -62.3% |
| Deferred charges and accrued income | 490/1 | €5,409 | €3,995 | -€1,415 | -26.1% |
| Total equity and liabilities | 10/49 | €266,008 | €237,303 | -€28,705 | -10.8% |
| Equity | 10/15 | €79,554 | €79,999 | +€445 | +0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €57,554 | €57,999 | +€445 | +0.8% |
| Amounts payable | 17/49 | €186,454 | €157,304 | -€29,150 | -15.6% |
| Amounts payable within one year | 42/48 | €186,454 | €157,304 | -€29,150 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €100 | - | -€100 | |
| Trade debts | 44 | €49,573 | €47,976 | -€1,597 | -3.2% |
| Suppliers | 440/4 | €49,573 | €47,976 | -€1,597 | -3.2% |
| Taxes, remuneration and social security | 45 | €35,553 | €25,260 | -€10,293 | -29.0% |
| Taxes | 450/3 | €17,258 | €9,377 | -€7,882 | -45.7% |
| Remuneration and social security | 454/9 | €18,295 | €15,884 | -€2,411 | -13.2% |
| Other amounts payable | 47/48 | €101,228 | €84,067 | -€17,161 | -17.0% |
| Remuneration, social security and pensions | 62 | €58,735 | €75,129 | +€16,394 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,444 | €4,005 | +€561 | +16.3% |
| Other operating charges | 640/8 | €934 | €667 | -€266 | -28.5% |
| Gross operating margin | 9900 | €102,257 | €82,017 | -€20,239 | -19.8% |
| Operating profit (loss) | 9901 | €39,144 | €2,216 | -€36,928 | -94.3% |
| Financial income | 75/76B | €19 | €3 | -€16 | -81.7% |
| Recurring financial income | 75 | €19 | €3 | -€16 | -81.7% |
| Financial charges | 65/66B | €4,196 | €1,774 | -€2,422 | -57.7% |
| Recurring financial charges | 65 | €4,196 | €1,774 | -€2,422 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €34,967 | €445 | -€34,522 | -98.7% |
| Income taxes | 67/77 | €4,148 | -€0 | -€4,148 | |
| Profit (loss) for the period | 9904 | €30,818 | €445 | -€30,373 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,818 | €445 | -€30,373 | -98.6% |
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 8 October 2026 via checked.be.