ecosolar: 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.
ecosolar
Largest movements
- Receivables within one year +€16,256
up €16,256 (+90.4%), from €17,981 to €34,237
of which Trade receivables: +€14,169
- Cash +€6,948
up €6,948 (+9.5%), from €72,949 to €79,897
mainly Net result for the year (+€36,608) and Tax, wage and social debts (+€12,801)
- Reserves +€36,608
up €36,608 (+44.7%), from €81,883 to €118,491
of which Distributable reserves: +€36,608
- Other debts -€14,479
down €14,479 (-98.7%), from €14,677 to €198
- Tax, wage and social debts +€12,801
up €12,801 (+131.9%), from €9,702 to €22,504
of which Taxes: +€14,301
- Advances received -€8,900
down €8,900 (-96.2%), from €9,250 to €350
- Debts after one year -€4,901
down €4,901 (-10.5%), from €46,614 to €41,714
- Gross operating margin +€20,040
up €20,040 (+42.1%), from €47,650 to €67,690
- Taxes +€11,090
up €11,090 (+112.9%), from €9,819 to €20,909
- Financial charges -€2,556
down €2,556 (-38.8%), from €6,594 to €4,037
- Other operating charges -€1,914
down €1,914 (-35.0%), from €5,467 to €3,553
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 | €190,287 | €213,924 | +€23,637 | +12.4% |
| Fixed assets | 21/28 | €95,675 | €95,273 | -€402 | -0.4% |
| Tangible fixed assets | 22/27 | €95,675 | €95,273 | -€402 | -0.4% |
| Land and buildings | 22 | €92,369 | €88,992 | -€3,377 | -3.7% |
| Furniture and vehicles | 24 | €3,306 | €6,281 | +€2,974 | +89.9% |
| Current assets | 29/58 | €94,612 | €118,651 | +€24,039 | +25.4% |
| Amounts receivable within one year | 40/41 | €17,981 | €34,237 | +€16,256 | +90.4% |
| Trade receivables | 40 | €14,944 | €29,113 | +€14,169 | +94.8% |
| Other amounts receivable | 41 | €3,038 | €5,124 | +€2,086 | +68.7% |
| Cash at bank and in hand | 54/58 | €72,949 | €79,897 | +€6,948 | +9.5% |
| Deferred charges and accrued income | 490/1 | €3,682 | €4,517 | +€835 | +22.7% |
| Total equity and liabilities | 10/49 | €190,287 | €213,924 | +€23,637 | +12.4% |
| Equity | 10/15 | €99,006 | €135,614 | +€36,608 | +37.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,883 | €118,491 | +€36,608 | +44.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,023 | €116,631 | +€36,608 | +45.7% |
| Profit (loss) carried forward | 14 | €10,924 | €10,924 | = | 0.0% |
| Amounts payable | 17/49 | €91,281 | €78,310 | -€12,971 | -14.2% |
| Amounts payable after more than one year | 17 | €46,614 | €41,714 | -€4,901 | -10.5% |
| Financial debts | 170/4 | €46,614 | €41,714 | -€4,901 | -10.5% |
| Amounts payable within one year | 42/48 | €44,667 | €36,596 | -€8,071 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €4,798 | €4,901 | +€103 | +2.1% |
| Trade debts | 44 | €6,240 | €8,644 | +€2,404 | +38.5% |
| Suppliers | 440/4 | €6,240 | €8,644 | +€2,404 | +38.5% |
| Advances received on contracts in progress | 46 | €9,250 | €350 | -€8,900 | -96.2% |
| Taxes, remuneration and social security | 45 | €9,702 | €22,504 | +€12,801 | +131.9% |
| Taxes | 450/3 | €8,202 | €22,504 | +€14,301 | +174.4% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €14,677 | €198 | -€14,479 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,553 | €4,912 | +€360 | +7.9% |
| Other operating charges | 640/8 | €5,467 | €3,553 | -€1,914 | -35.0% |
| Non-recurring operating charges | 66A | €49 | - | -€49 | |
| Gross operating margin | 9900 | €47,650 | €67,690 | +€20,040 | +42.1% |
| Operating profit (loss) | 9901 | €37,582 | €59,225 | +€21,643 | +57.6% |
| Financial income | 75/76B | €2,395 | €2,329 | -€66 | -2.8% |
| Recurring financial income | 75 | €2,395 | €2,329 | -€66 | -2.8% |
| Financial charges | 65/66B | €6,594 | €4,037 | -€2,556 | -38.8% |
| Recurring financial charges | 65 | €6,594 | €4,037 | -€2,556 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €33,384 | €57,517 | +€24,134 | +72.3% |
| Income taxes | 67/77 | €9,819 | €20,909 | +€11,090 | +112.9% |
| Profit (loss) for the period | 9904 | €23,564 | €36,608 | +€13,044 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,564 | €36,608 | +€13,044 | +55.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.