ECOSUN: 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.
ECOSUN
Largest movements
- Tangible fixed assets +€222,629
up €222,629 (+2205.2%), from €10,096 to €232,724
of which Land and buildings: +€224,924
- Receivables within one year +€60,005
up €60,005 (+188.5%), from €31,834 to €91,839
- Stocks and contracts +€56,039
up €56,039 (+247.3%), from €22,657 to €78,696
- Cash -€29,285
down €29,285 (-59.4%), from €49,340 to €20,055
mainly Investment in fixed assets (net) (-€225,000) and Receivables within one year (-€60,005)
- Other debts +€200,659
up €200,659 (+1141.6%), from €17,577 to €218,236
- Reserves +€110,897
up €110,897 (+326.5%), from €33,966 to €144,863
of which Distributable reserves: +€110,897
- Trade debts -€16,457
down €16,457 (-88.6%), from €18,566 to €2,109
- Tax, wage and social debts +€13,209
up €13,209 (+73.0%), from €18,084 to €31,293
- Gross operating margin +€119,459
up €119,459 (+234.3%), from €50,990 to €170,449
- Other operating charges +€25,340
up €25,340 (+3451.0%), from €734 to €26,075
- Taxes +€18,261
up €18,261 (+151.2%), from €12,079 to €30,340
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 | €118,193 | €426,502 | +€308,309 | +260.9% |
| Formation expenses | 20 | €2,090 | €1,490 | -€599 | -28.7% |
| Fixed assets | 21/28 | €10,096 | €232,724 | +€222,629 | +2205.2% |
| Tangible fixed assets | 22/27 | €10,096 | €232,724 | +€222,629 | +2205.2% |
| Land and buildings | 22 | - | €224,924 | +€224,924 | |
| Plant, machinery and equipment | 23 | €9,303 | €7,184 | -€2,119 | -22.8% |
| Furniture and vehicles | 24 | €793 | €617 | -€176 | -22.2% |
| Current assets | 29/58 | €106,008 | €192,287 | +€86,279 | +81.4% |
| Stocks and contracts in progress | 3 | €22,657 | €78,696 | +€56,039 | +247.3% |
| Stocks | 30/36 | €22,657 | €78,696 | +€56,039 | +247.3% |
| Amounts receivable within one year | 40/41 | €31,834 | €91,839 | +€60,005 | +188.5% |
| Trade receivables | 40 | €31,834 | €91,839 | +€60,005 | +188.5% |
| Cash at bank and in hand | 54/58 | €49,340 | €20,055 | -€29,285 | -59.4% |
| Deferred charges and accrued income | 490/1 | €2,177 | €1,697 | -€480 | -22.0% |
| Total equity and liabilities | 10/49 | €118,193 | €426,502 | +€308,309 | +260.9% |
| Equity | 10/15 | €63,966 | €174,863 | +€110,897 | +173.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €33,966 | €144,863 | +€110,897 | +326.5% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €30,966 | €141,863 | +€110,897 | +358.1% |
| Amounts payable | 17/49 | €54,227 | €251,638 | +€197,411 | +364.0% |
| Amounts payable within one year | 42/48 | €54,227 | €251,638 | +€197,411 | +364.0% |
| Trade debts | 44 | €18,566 | €2,109 | -€16,457 | -88.6% |
| Suppliers | 440/4 | €18,566 | €2,109 | -€16,457 | -88.6% |
| Taxes, remuneration and social security | 45 | €18,084 | €31,293 | +€13,209 | +73.0% |
| Taxes | 450/3 | €18,084 | €31,293 | +€13,209 | +73.0% |
| Other amounts payable | 47/48 | €17,577 | €218,236 | +€200,659 | +1141.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,994 | €2,970 | -€1,023 | -25.6% |
| Other operating charges | 640/8 | €734 | €26,075 | +€25,340 | +3451.0% |
| Gross operating margin | 9900 | €50,990 | €170,449 | +€119,459 | +234.3% |
| Operating profit (loss) | 9901 | €46,262 | €141,404 | +€95,142 | +205.7% |
| Financial income | 75/76B | €20 | €64 | +€44 | +224.5% |
| Recurring financial income | 75 | €20 | €64 | +€44 | +224.5% |
| Financial charges | 65/66B | €237 | €231 | -€6 | -2.6% |
| Recurring financial charges | 65 | €237 | €231 | -€6 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €46,045 | €141,237 | +€95,192 | +206.7% |
| Income taxes | 67/77 | €12,079 | €30,340 | +€18,261 | +151.2% |
| Profit (loss) for the period | 9904 | €33,966 | €110,897 | +€76,931 | +226.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,966 | €110,897 | +€76,931 | +226.5% |
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 1 October 2026 via checked.be.