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Ecospenser Technologies: 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.

What changed

Ecospenser Technologies

BE 0807.674.161
NACE 74.999, Other professional, scientific and technical activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€844,497
2023 · -€470,483-€374,014
Equity
€794,381
2023 · €1.6m-€844,497
Cash
€785,020
2023 · €421,156+€363,864
Balance sheet total
€3.4m
2023 · €2.5m+€956,709

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€380,314

    up €380,314 (+205.0%), from €185,557 to €565,870

    of which Other amounts receivable: +€354,882

  • Cash +€363,864

    up €363,864 (+86.4%), from €421,156 to €785,020

    mainly Other debts (+€1.5m) and Depreciation (+€237,997)

  • Tangible fixed assets +€297,061

    up €297,061 (+20.5%), from €1.5m to €1.7m

    of which Plant, machinery and equipment: +€210,352

  • Intangible fixed assets -€70,500

    down €70,500 (-18.4%), from €382,648 to €312,147

Equity and liabilities
  • Other debts +€1.5m

    up €1.5m (+193.6%), from €800,001 to €2.3m

  • Profit (loss) carried forward -€844,497

    down €844,497 (-62.0%), from -€1.4m to -€2.2m

  • Trade debts +€229,833

    up €229,833 (+1699.8%), from €13,522 to €243,355

Income statement
  • Gross operating margin -€584,356

    new in 2024: -€584,356

  • Services and other goods -€287,759

    no longer reported in 2024 (was €287,759)

  • Depreciation +€106,510

    up €106,510 (+81.0%), from €131,487 to €237,997

  • Financial charges -€28,134

    down €28,134 (-55.6%), from €50,646 to €22,512

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€470,483
Depreciation -€106,510
Other operating charges -€12
Other operating items -€296,596
Financial income +€971
Financial charges +€28,134
Result 2024 -€844,497

Cash bridge derived

cash 2023 to 2024

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.

From operations +€828,422
Investment -€464,558
Financing €0
Cash 2023 €421,156
Net result for the year -€844,497
Depreciation +€237,997
Stocks and contracts +€15,000
Receivables within one year -€380,314
Deferred charges and accrued income -€971
Trade debts +€229,833
Other debts +€1.5m
Accrued charges and deferred income +€22,354
Investment in fixed assets (net) -€464,558
Cash 2024 €785,020
Every line side by side 45 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,456,828 €3,413,538 +€956,709 +38.9%
Fixed assets 21/28 €1,835,116 €2,061,677 +€226,561 +12.3%
Intangible fixed assets 21 €382,648 €312,147 -€70,500 -18.4%
Tangible fixed assets 22/27 €1,452,467 €1,749,528 +€297,061 +20.5%
Plant, machinery and equipment 23 €1,452,467 €1,662,820 +€210,352 +14.5%
Other tangible fixed assets 26 - €86,709 +€86,709
Financial fixed assets 28 €1 €1 = 0.0%
Affiliated companies 280/1 €1 - -€1
Participating interests 280 €1 - -€1
Current assets 29/58 €621,713 €1,351,861 +€730,148 +117.4%
Stocks and contracts in progress 3 €15,000 €0 -€15,000 -100.0%
Stocks 30/36 €15,000 €0 -€15,000 -100.0%
Raw materials and consumables 30/31 €15,000 - -€15,000
Amounts receivable within one year 40/41 €185,557 €565,870 +€380,314 +205.0%
Trade receivables 40 €0 €25,432 +€25,432
Other amounts receivable 41 €185,557 €540,439 +€354,882 +191.3%
Cash at bank and in hand 54/58 €421,156 €785,020 +€363,864 +86.4%
Deferred charges and accrued income 490/1 - €971 +€971
Total equity and liabilities 10/49 €2,456,828 €3,413,538 +€956,709 +38.9%
Equity 10/15 €1,638,877 €794,381 -€844,497 -51.5%
Contributions 10/11 €3,000,000 €3,000,000 = 0.0%
Profit (loss) carried forward 14 -€1,361,123 -€2,205,619 -€844,497 -62.0%
Amounts payable 17/49 €817,951 €2,619,157 +€1.8m +220.2%
Amounts payable within one year 42/48 €813,523 €2,592,375 +€1.8m +218.7%
Trade debts 44 €13,522 €243,355 +€229,833 +1699.8%
Suppliers 440/4 €13,522 €243,355 +€229,833 +1699.8%
Other amounts payable 47/48 €800,001 €2,349,020 +€1.5m +193.6%
Accrued charges and deferred income 492/3 €4,428 €26,782 +€22,354 +504.8%
Operating charges 60/66A €419,838 - -€419,838
Purchases 600/8 €15,000 - -€15,000
Change in stocks: decrease (increase) 609 -€15,000 - +€15,000
Services and other goods 61 €287,759 - -€287,759
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €131,487 €237,997 +€106,510 +81.0%
Other operating charges 640/8 €591 €603 +€12 +2.0%
Gross operating margin 9900 - -€584,356 -€584,356
Operating profit (loss) 9901 -€419,838 -€822,956 -€403,118 -96.0%
Financial income 75/76B - €971 +€971
Recurring financial income 75 - €971 +€971
Financial charges 65/66B €50,646 €22,512 -€28,134 -55.6%
Recurring financial charges 65 €50,646 €22,512 -€28,134 -55.6%
Debt charges 650 €50,583 - -€50,583
Other financial charges 652/9 €63 - -€63
Profit (loss) for the period before taxes 9903 -€470,483 -€844,497 -€374,014 -79.5%
Profit (loss) for the period 9904 -€470,483 -€844,497 -€374,014 -79.5%
Profit (loss) for the period to be appropriated 9905 -€470,483 -€844,497 -€374,014 -79.5%

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 28 September 2026 via checked.be.