Ecosquare: 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.
Ecosquare
Largest movements
- Tangible fixed assets -€54,714
down €54,714 (-7.5%), from €734,174 to €679,461
of which Land and buildings: -€43,501
- Cash +€38,611
up €38,611 (+42.9%), from €90,052 to €128,663
mainly Depreciation (+€54,714) and Net result for the year (+€14,562)
- Current portion of long-term debt -€20,000
no longer reported in 2025 (was €20,000)
- Profit (loss) carried forward +€15,839
up €15,839 (+6.9%), from €230,627 to €246,466
- Provisions -€12,026
down €12,026 (-11.4%), from €105,102 to €93,076
of which Provisions for liabilities and charges: -€6,600
- Gross operating margin -€17,673
down €17,673 (-20.7%), from €85,283 to €67,611
- Provisions -€6,600
new in 2025: -€6,600
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 | €833,913 | €819,075 | -€14,839 | -1.8% |
| Fixed assets | 21/28 | €734,537 | €679,824 | -€54,714 | -7.4% |
| Tangible fixed assets | 22/27 | €734,174 | €679,461 | -€54,714 | -7.5% |
| Land and buildings | 22 | €696,677 | €653,176 | -€43,501 | -6.2% |
| Plant, machinery and equipment | 23 | €1,300 | €963 | -€336 | -25.9% |
| Furniture and vehicles | 24 | €36,198 | €25,321 | -€10,876 | -30.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €99,376 | €139,251 | +€39,875 | +40.1% |
| Amounts receivable within one year | 40/41 | €1,224 | €3,241 | +€2,017 | +164.8% |
| Trade receivables | 40 | €1,050 | €3,241 | +€2,191 | +208.6% |
| Other amounts receivable | 41 | €174 | - | -€174 | |
| Cash at bank and in hand | 54/58 | €90,052 | €128,663 | +€38,611 | +42.9% |
| Deferred charges and accrued income | 490/1 | €8,101 | €7,347 | -€753 | -9.3% |
| Total equity and liabilities | 10/49 | €833,913 | €819,075 | -€14,839 | -1.8% |
| Equity | 10/15 | €693,347 | €707,908 | +€14,562 | +2.1% |
| Contributions | 10/11 | €124,740 | €124,740 | = | 0.0% |
| Reserves | 13 | €337,980 | €336,702 | -€1,277 | -0.4% |
| Tax-exempt reserves | 132 | €295,506 | €279,228 | -€16,277 | -5.5% |
| Distributable reserves | 133 | €42,474 | €57,474 | +€15,000 | +35.3% |
| Profit (loss) carried forward | 14 | €230,627 | €246,466 | +€15,839 | +6.9% |
| Provisions and deferred taxes | 16 | €105,102 | €93,076 | -€12,026 | -11.4% |
| Provisions for liabilities and charges | 160/5 | €6,600 | - | -€6,600 | |
| Other liabilities and charges | 164/5 | €6,600 | - | -€6,600 | |
| Deferred taxes | 168 | €98,502 | €93,076 | -€5,426 | -5.5% |
| Amounts payable | 17/49 | €35,465 | €18,090 | -€17,374 | -49.0% |
| Amounts payable within one year | 42/48 | €35,465 | €18,090 | -€17,374 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | - | -€20,000 | |
| Trade debts | 44 | €1,474 | €4,042 | +€2,568 | +174.2% |
| Suppliers | 440/4 | €1,474 | €4,042 | +€2,568 | +174.2% |
| Taxes, remuneration and social security | 45 | €9,490 | €9,548 | +€58 | +0.6% |
| Taxes | 450/3 | €9,490 | €9,548 | +€58 | +0.6% |
| Other amounts payable | 47/48 | €4,500 | €4,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,067 | €54,714 | -€354 | -0.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€6,600 | -€6,600 | |
| Other operating charges | 640/8 | €8,350 | €8,499 | +€149 | +1.8% |
| Gross operating margin | 9900 | €85,283 | €67,611 | -€17,673 | -20.7% |
| Operating profit (loss) | 9901 | €21,866 | €10,998 | -€10,868 | -49.7% |
| Financial income | 75/76B | €360 | €96 | -€264 | -73.3% |
| Recurring financial income | 75 | €360 | €96 | -€264 | -73.3% |
| Financial charges | 65/66B | €164 | €188 | +€24 | +14.8% |
| Recurring financial charges | 65 | €164 | €188 | +€24 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €22,063 | €10,906 | -€11,157 | -50.6% |
| Transfer from deferred taxes | 780 | €5,426 | €5,426 | = | 0.0% |
| Income taxes | 67/77 | €2,230 | €1,770 | -€460 | -20.6% |
| Profit (loss) for the period | 9904 | €25,259 | €14,562 | -€10,697 | -42.4% |
| Transfer from tax-exempt reserves | 789 | €16,277 | €16,277 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,536 | €30,839 | -€10,697 | -25.8% |
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 2 October 2026 via checked.be.