ECOSOL: 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.
ECOSOL
Largest movements
- Cash -€50,814
down €50,814 (-82.4%), from €61,635 to €10,822
mainly Other debts (-€93,199) and Investment in fixed assets (net) (-€12,392)
- Receivables within one year -€27,572
down €27,572 (-26.1%), from €105,594 to €78,021
of which Trade receivables: -€42,113
- Tangible fixed assets -€3,333
down €3,333 (-8.3%), from €39,953 to €36,620
- Other debts -€93,199
down €93,199 (-100.0%), from €93,199 to €0
- Tax, wage and social debts +€5,959
up €5,959 (+139.6%), from €4,269 to €10,228
of which Taxes: +€4,065
- Trade debts +€2,250
up €2,250 (+7.9%), from €28,390 to €30,639
- Gross operating margin -€34,626
down €34,626 (-10.6%), from €326,886 to €292,260
- Write-downs +€29,575
new in 2025: €29,575
- Taxes -€16,614
down €16,614 (-98.4%), from €16,880 to €266
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 | €215,607 | €132,648 | -€82,959 | -38.5% |
| Fixed assets | 21/28 | €40,722 | €37,389 | -€3,333 | -8.2% |
| Tangible fixed assets | 22/27 | €39,953 | €36,620 | -€3,333 | -8.3% |
| Plant, machinery and equipment | 23 | €1,163 | €16 | -€1,147 | -98.6% |
| Furniture and vehicles | 24 | €37,362 | €36,604 | -€758 | -2.0% |
| Other tangible fixed assets | 26 | €1,428 | €0 | -€1,428 | -100.0% |
| Financial fixed assets | 28 | €769 | €769 | = | 0.0% |
| Current assets | 29/58 | €174,885 | €95,259 | -€79,626 | -45.5% |
| Amounts receivable within one year | 40/41 | €105,594 | €78,021 | -€27,572 | -26.1% |
| Trade receivables | 40 | €78,277 | €36,164 | -€42,113 | -53.8% |
| Other amounts receivable | 41 | €27,317 | €41,857 | +€14,540 | +53.2% |
| Cash at bank and in hand | 54/58 | €61,635 | €10,822 | -€50,814 | -82.4% |
| Deferred charges and accrued income | 490/1 | €7,656 | €6,416 | -€1,240 | -16.2% |
| Total equity and liabilities | 10/49 | €215,607 | €132,648 | -€82,959 | -38.5% |
| Equity | 10/15 | €89,750 | €91,781 | +€2,031 | +2.3% |
| 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 | €24,765 | €24,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €18,565 | €18,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,984 | €5,016 | +€2,031 | +68.1% |
| Amounts payable | 17/49 | €125,857 | €40,867 | -€84,990 | -67.5% |
| Amounts payable within one year | 42/48 | €125,857 | €40,867 | -€84,990 | -67.5% |
| Trade debts | 44 | €28,390 | €30,639 | +€2,250 | +7.9% |
| Suppliers | 440/4 | €28,390 | €30,639 | +€2,250 | +7.9% |
| Taxes, remuneration and social security | 45 | €4,269 | €10,228 | +€5,959 | +139.6% |
| Taxes | 450/3 | €0 | €4,065 | +€4,065 | |
| Remuneration and social security | 454/9 | €4,269 | €6,163 | +€1,894 | +44.4% |
| Other amounts payable | 47/48 | €93,199 | €0 | -€93,199 | -100.0% |
| Remuneration, social security and pensions | 62 | €243,530 | €243,820 | +€290 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,459 | €15,725 | -€734 | -4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €29,575 | +€29,575 | |
| Other operating charges | 640/8 | €595 | €809 | +€214 | +35.9% |
| Gross operating margin | 9900 | €326,886 | €292,260 | -€34,626 | -10.6% |
| Operating profit (loss) | 9901 | €66,302 | €2,331 | -€63,971 | -96.5% |
| Financial income | 75/76B | €0 | €9 | +€9 | +90700.0% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +90700.0% |
| Financial charges | 65/66B | €33 | €42 | +€10 | +29.9% |
| Recurring financial charges | 65 | €33 | €42 | +€10 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €66,269 | €2,298 | -€63,972 | -96.5% |
| Income taxes | 67/77 | €16,880 | €266 | -€16,614 | -98.4% |
| Profit (loss) for the period | 9904 | €49,390 | €2,031 | -€47,358 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,390 | €2,031 | -€47,358 | -95.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.