ECOSOFT 22: 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.
ECOSOFT 22
Largest movements
- Stocks and contracts +€844,421
up €844,421 (+48.7%), from €1.7m to €2.6m
- Receivables within one year +€403,961
up €403,961 (+15.0%), from €2.7m to €3.1m
of which Trade receivables: +€286,915
- Cash -€223,209
down €223,209 (-78.0%), from €286,024 to €62,815
mainly Stocks and contracts (-€844,421) and Receivables within one year (-€403,961)
- Trade debts +€867,428
up €867,428 (+19.8%), from €4.4m to €5.2m
- Debts after one year +€111,000
up €111,000 (+33.7%), from €329,000 to €440,000
- Gross operating margin +€318,139
up €318,139 (+63.2%), from €503,507 to €821,647
- Staff costs +€251,872
up €251,872 (+70.0%), from €359,927 to €611,799
- Financial charges +€30,285
up €30,285 (+39.0%), from €77,592 to €107,877
- Financial income +€11,106
up €11,106 (+160.9%), from €6,902 to €18,008
- Depreciation +€9,466
up €9,466 (+26.4%), from €35,838 to €45,304
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 | €4,833,311 | €5,891,415 | +€1.1m | +21.9% |
| Fixed assets | 21/28 | €114,724 | €146,147 | +€31,424 | +27.4% |
| Intangible fixed assets | 21 | €44,023 | €13,952 | -€30,070 | -68.3% |
| Tangible fixed assets | 22/27 | €61,491 | €119,235 | +€57,744 | +93.9% |
| Plant, machinery and equipment | 23 | €61,491 | €119,235 | +€57,744 | +93.9% |
| Financial fixed assets | 28 | €9,210 | €12,960 | +€3,750 | +40.7% |
| Current assets | 29/58 | €4,718,587 | €5,745,268 | +€1.0m | +21.8% |
| Stocks and contracts in progress | 3 | €1,733,484 | €2,577,905 | +€844,421 | +48.7% |
| Stocks | 30/36 | €1,733,484 | €2,577,905 | +€844,421 | +48.7% |
| Amounts receivable within one year | 40/41 | €2,691,446 | €3,095,407 | +€403,961 | +15.0% |
| Trade receivables | 40 | €2,661,460 | €2,948,376 | +€286,915 | +10.8% |
| Other amounts receivable | 41 | €29,986 | €147,031 | +€117,045 | +390.3% |
| Cash at bank and in hand | 54/58 | €286,024 | €62,815 | -€223,209 | -78.0% |
| Deferred charges and accrued income | 490/1 | €7,633 | €9,141 | +€1,508 | +19.8% |
| Total equity and liabilities | 10/49 | €4,833,311 | €5,891,415 | +€1.1m | +21.9% |
| Equity | 10/15 | €40,937 | €79,962 | +€39,025 | +95.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,937 | €78,962 | +€39,025 | +97.7% |
| Amounts payable | 17/49 | €4,792,373 | €5,811,453 | +€1.0m | +21.3% |
| Amounts payable after more than one year | 17 | €329,000 | €440,000 | +€111,000 | +33.7% |
| Financial debts | 170/4 | €329,000 | €440,000 | +€111,000 | +33.7% |
| Amounts payable within one year | 42/48 | €4,462,080 | €5,370,153 | +€908,072 | +20.4% |
| Trade debts | 44 | €4,374,935 | €5,242,363 | +€867,428 | +19.8% |
| Suppliers | 440/4 | €4,374,935 | €5,242,363 | +€867,428 | +19.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €85,381 | €126,025 | +€40,644 | +47.6% |
| Taxes | 450/3 | €26,865 | €30,964 | +€4,099 | +15.3% |
| Remuneration and social security | 454/9 | €58,516 | €95,061 | +€36,545 | +62.5% |
| Other amounts payable | 47/48 | €1,765 | €1,765 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,293 | €1,300 | +€7 | +0.5% |
| Remuneration, social security and pensions | 62 | €359,927 | €611,799 | +€251,872 | +70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,838 | €45,304 | +€9,466 | +26.4% |
| Other operating charges | 640/8 | €625 | €4,577 | +€3,952 | +632.3% |
| Gross operating margin | 9900 | €503,507 | €821,647 | +€318,139 | +63.2% |
| Operating profit (loss) | 9901 | €107,117 | €159,966 | +€52,849 | +49.3% |
| Financial income | 75/76B | €6,902 | €18,008 | +€11,106 | +160.9% |
| Recurring financial income | 75 | €6,902 | €18,008 | +€11,106 | +160.9% |
| Financial charges | 65/66B | €77,592 | €107,877 | +€30,285 | +39.0% |
| Recurring financial charges | 65 | €77,592 | €107,877 | +€30,285 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €36,428 | €70,097 | +€33,670 | +92.4% |
| Income taxes | 67/77 | €22,000 | €31,072 | +€9,072 | +41.2% |
| Profit (loss) for the period | 9904 | €14,428 | €39,025 | +€24,598 | +170.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,428 | €39,025 | +€24,598 | +170.5% |
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 6 October 2026 via checked.be.