ECOSTEL: 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.
ECOSTEL
Largest movements
- Receivables within one year -€89,658
down €89,658 (-21.0%), from €427,324 to €337,666
of which Trade receivables: -€77,913
- Cash -€21,399
down €21,399 (-100%), from €21,399 to €0
mainly Trade debts (-€82,266) and Deferred charges and accrued income (-€19,446)
- Deferred charges and accrued income +€19,446
up €19,446 (+2,862%), from €679 to €20,125
- Tangible fixed assets -€17,076
down €17,076 (-57.3%), from €29,808 to €12,732
of which Furniture and vehicles: -€17,076
- Trade debts -€82,266
down €82,266 (-25.0%), from €328,790 to €246,524
of which Bills of exchange payable: -€97,735
- Tax, wage and social debts -€16,060
down €16,060 (-54.0%), from €29,744 to €13,684
of which Taxes: -€11,960
- Debts after one year -€11,661
down €11,661 (-51.2%), from €22,794 to €11,133
- Current portion of long-term debt -€6,530
down €6,530 (-36.8%), from €17,747 to €11,217
- Other debts +€6,000
up €6,000 (+33,333%), from €18 to €6,018
- Purchases and services -€144,745
down €144,745 (-30.2%), from €479,784 to €335,039
- Turnover -€62,572
down €62,572 (-14.8%), from €423,005 to €360,433
- Gross operating margin -€24,752
down €24,752 (-49.4%), from €50,146 to €25,394
- Other operating charges -€16,175
down €16,175 (-96.6%), from €16,750 to €575
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.
Derived cash bridge
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 | €479,210 | €370,523 | -€108,686 | -22.7% |
| Fixed assets | 21/28 | €29,808 | €12,732 | -€17,076 | -57.3% |
| Tangible fixed assets | 22/27 | €29,808 | €12,732 | -€17,076 | -57.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €29,808 | €12,732 | -€17,076 | -57.3% |
| Current assets | 29/58 | €449,402 | €357,791 | -€91,610 | -20.4% |
| Amounts receivable within one year | 40/41 | €427,324 | €337,666 | -€89,658 | -21.0% |
| Trade receivables | 40 | €351,554 | €273,641 | -€77,913 | -22.2% |
| Other amounts receivable | 41 | €75,769 | €64,025 | -€11,745 | -15.5% |
| Cash at bank and in hand | 54/58 | €21,399 | €0 | -€21,399 | -100% |
| Deferred charges and accrued income | 490/1 | €679 | €20,125 | +€19,446 | +2,862% |
| Total equity and liabilities | 10/49 | €479,210 | €370,523 | -€108,686 | -22.7% |
| Equity | 10/15 | €80,117 | €81,947 | +€1,830 | +2.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | - | -€300 | |
| Reserves not available under the articles | 1311 | - | €300 | +€300 | |
| Profit (loss) carried forward | 14 | €76,817 | €78,647 | +€1,830 | +2.4% |
| Amounts payable | 17/49 | €399,093 | €288,576 | -€110,517 | -27.7% |
| Amounts payable after more than one year | 17 | €22,794 | €11,133 | -€11,661 | -51.2% |
| Financial debts | 170/4 | €22,794 | €11,133 | -€11,661 | -51.2% |
| Amounts payable within one year | 42/48 | €376,299 | €277,443 | -€98,856 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €17,747 | €11,217 | -€6,530 | -36.8% |
| Trade debts | 44 | €328,790 | €246,524 | -€82,266 | -25.0% |
| Suppliers | 440/4 | €1,246 | €16,714 | +€15,469 | +1,242% |
| Bills of exchange payable | 441 | €327,544 | €229,810 | -€97,735 | -29.8% |
| Taxes, remuneration and social security | 45 | €29,744 | €13,684 | -€16,060 | -54.0% |
| Taxes | 450/3 | €25,644 | €13,684 | -€11,960 | -46.6% |
| Remuneration and social security | 454/9 | €4,100 | €0 | -€4,100 | -100% |
| Other amounts payable | 47/48 | €18 | €6,018 | +€6,000 | +33,333% |
| Turnover | 70 | €423,005 | €360,433 | -€62,572 | -14.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €479,784 | €335,039 | -€144,745 | -30.2% |
| Remuneration, social security and pensions | 62 | €273 | €454 | +€181 | +66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,729 | €18,301 | -€428 | -2.3% |
| Other operating charges | 640/8 | €16,750 | €575 | -€16,175 | -96.6% |
| Gross operating margin | 9900 | €50,146 | €25,394 | -€24,752 | -49.4% |
| Operating profit (loss) | 9901 | €14,394 | €6,064 | -€8,330 | -57.9% |
| Financial charges | 65/66B | €2,453 | €840 | -€1,613 | -65.8% |
| Recurring financial charges | 65 | €2,453 | €840 | -€1,613 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | €11,941 | €5,224 | -€6,717 | -56.2% |
| Income taxes | 67/77 | €3,600 | €3,394 | -€206 | -5.7% |
| Profit (loss) for the period | 9904 | €8,341 | €1,830 | -€6,511 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,341 | €1,830 | -€6,511 | -78.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.