Ecostrat: 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.
Ecostrat
Largest movements
- Receivables within one year +€69,285
up €69,285 (+32.6%), from €212,441 to €281,726
- Cash +€61,926
up €61,926 (+70.8%), from €87,477 to €149,403
mainly Net result for the year (+€434,632) and Other debts (+€198,204)
- Other debts +€198,204
up €198,204 (+5336.8%), from €3,714 to €201,917
- Reserves -€100,662
down €100,662 (-13.5%), from €747,494 to €646,832
- Trade debts +€21,768
up €21,768 (+619.0%), from €3,517 to €25,285
- Tax, wage and social debts +€10,762
up €10,762 (+53.4%), from €20,157 to €30,920
of which Taxes: +€10,681
- Gross operating margin +€90,562
up €90,562 (+19.0%), from €476,894 to €567,456
- Other operating charges -€52,416
down €52,416 (-96.6%), from €54,240 to €1,824
- Taxes +€35,579
up €35,579 (+34.0%), from €104,603 to €140,182
- Financial income -€26,981
down €26,981 (-60.7%), from €44,483 to €17,502
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 | €779,882 | €909,954 | +€130,072 | +16.7% |
| Fixed assets | 21/28 | €55,669 | €53,698 | -€1,971 | -3.5% |
| Tangible fixed assets | 22/27 | €55,669 | €53,698 | -€1,971 | -3.5% |
| Land and buildings | 22 | - | €6,058 | +€6,058 | |
| Plant, machinery and equipment | 23 | €4,198 | €3,562 | -€636 | -15.1% |
| Furniture and vehicles | 24 | €546 | - | -€546 | |
| Other tangible fixed assets | 26 | €50,925 | €44,078 | -€6,846 | -13.4% |
| Current assets | 29/58 | €724,213 | €856,256 | +€132,042 | +18.2% |
| Amounts receivable within one year | 40/41 | €212,441 | €281,726 | +€69,285 | +32.6% |
| Trade receivables | 40 | €212,441 | €281,726 | +€69,285 | +32.6% |
| Current investments | 50/53 | €423,025 | €422,849 | -€176 | 0.0% |
| Cash at bank and in hand | 54/58 | €87,477 | €149,403 | +€61,926 | +70.8% |
| Deferred charges and accrued income | 490/1 | €1,270 | €2,278 | +€1,009 | +79.4% |
| Total equity and liabilities | 10/49 | €779,882 | €909,954 | +€130,072 | +16.7% |
| Equity | 10/15 | €752,494 | €651,832 | -€100,662 | -13.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €747,494 | €646,832 | -€100,662 | -13.5% |
| Distributable reserves | 133 | €747,494 | €646,832 | -€100,662 | -13.5% |
| Amounts payable | 17/49 | €27,388 | €258,122 | +€230,734 | +842.5% |
| Amounts payable within one year | 42/48 | €27,388 | €258,122 | +€230,734 | +842.5% |
| Trade debts | 44 | €3,517 | €25,285 | +€21,768 | +619.0% |
| Suppliers | 440/4 | €3,517 | €25,285 | +€21,768 | +619.0% |
| Taxes, remuneration and social security | 45 | €20,157 | €30,920 | +€10,762 | +53.4% |
| Taxes | 450/3 | €20,157 | €30,839 | +€10,681 | +53.0% |
| Remuneration and social security | 454/9 | - | €81 | +€81 | |
| Other amounts payable | 47/48 | €3,714 | €201,917 | +€198,204 | +5336.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,528 | €8,144 | +€616 | +8.2% |
| Other operating charges | 640/8 | €54,240 | €1,824 | -€52,416 | -96.6% |
| Gross operating margin | 9900 | €476,894 | €567,456 | +€90,562 | +19.0% |
| Operating profit (loss) | 9901 | €415,126 | €557,488 | +€142,363 | +34.3% |
| Financial income | 75/76B | €44,483 | €17,502 | -€26,981 | -60.7% |
| Recurring financial income | 75 | €44,483 | €17,502 | -€26,981 | -60.7% |
| Financial charges | 65/66B | €82 | €177 | +€94 | +114.9% |
| Recurring financial charges | 65 | €82 | €177 | +€94 | +114.9% |
| Profit (loss) for the period before taxes | 9903 | €459,526 | €574,814 | +€115,287 | +25.1% |
| Income taxes | 67/77 | €104,603 | €140,182 | +€35,579 | +34.0% |
| Profit (loss) for the period | 9904 | €354,923 | €434,632 | +€79,709 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €354,923 | €434,632 | +€79,709 | +22.5% |
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.