Ecotest: 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.
Ecotest
Largest movements
- Cash -€39,185
down €39,185 (-86.4%), from €45,346 to €6,160
mainly Tax, wage and social debts (-€58,306) and Other debts (-€13,923)
- Receivables within one year -€25,288
down €25,288 (-28.4%), from €89,012 to €63,725
of which Trade receivables: -€31,755
- Tangible fixed assets -€12,306
down €12,306 (-35.1%), from €35,104 to €22,798
of which Furniture and vehicles: -€11,651
- Tax, wage and social debts -€58,306
down €58,306 (-75.7%), from €77,065 to €18,759
of which Taxes: -€34,388
- Other debts -€13,923
down €13,923 (-100.0%), from €13,923 to €0
- Advances received -€9,177
no longer reported in 2025 (was €9,177)
- Reserves +€8,700
up €8,700 (+33.5%), from €26,000 to €34,700
- Debts after one year -€7,820
down €7,820 (-35.5%), from €22,043 to €14,223
- Gross operating margin -€137,391
down €137,391 (-52.8%), from €260,407 to €123,016
- Staff costs +€5,030
up €5,030 (+5.8%), from €86,264 to €91,294
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 | €170,426 | €93,647 | -€76,779 | -45.1% |
| Fixed assets | 21/28 | €35,354 | €23,048 | -€12,306 | -34.8% |
| Tangible fixed assets | 22/27 | €35,104 | €22,798 | -€12,306 | -35.1% |
| Plant, machinery and equipment | 23 | €1,237 | €582 | -€654 | -52.9% |
| Furniture and vehicles | 24 | €33,867 | €22,215 | -€11,651 | -34.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €135,072 | €70,599 | -€64,473 | -47.7% |
| Amounts receivable within one year | 40/41 | €89,012 | €63,725 | -€25,288 | -28.4% |
| Trade receivables | 40 | €69,483 | €37,727 | -€31,755 | -45.7% |
| Other amounts receivable | 41 | €19,530 | €25,997 | +€6,468 | +33.1% |
| Cash at bank and in hand | 54/58 | €45,346 | €6,160 | -€39,185 | -86.4% |
| Deferred charges and accrued income | 490/1 | €714 | €714 | = | 0.0% |
| Total equity and liabilities | 10/49 | €170,426 | €93,647 | -€76,779 | -45.1% |
| Equity | 10/15 | €31,467 | €40,290 | +€8,824 | +28.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,000 | €34,700 | +€8,700 | +33.5% |
| Distributable reserves | 133 | €26,000 | €34,700 | +€8,700 | +33.5% |
| Profit (loss) carried forward | 14 | €467 | €590 | +€124 | +26.5% |
| Amounts payable | 17/49 | €138,959 | €53,356 | -€85,603 | -61.6% |
| Amounts payable after more than one year | 17 | €22,043 | €14,223 | -€7,820 | -35.5% |
| Financial debts | 170/4 | €22,043 | €14,223 | -€7,820 | -35.5% |
| Amounts payable within one year | 42/48 | €116,916 | €39,133 | -€77,782 | -66.5% |
| Trade debts | 44 | €16,752 | €20,375 | +€3,623 | +21.6% |
| Suppliers | 440/4 | €16,752 | €20,375 | +€3,623 | +21.6% |
| Advances received on contracts in progress | 46 | €9,177 | - | -€9,177 | |
| Taxes, remuneration and social security | 45 | €77,065 | €18,759 | -€58,306 | -75.7% |
| Taxes | 450/3 | €52,407 | €18,019 | -€34,388 | -65.6% |
| Remuneration and social security | 454/9 | €24,657 | €739 | -€23,918 | -97.0% |
| Other amounts payable | 47/48 | €13,923 | €0 | -€13,923 | -100.0% |
| Remuneration, social security and pensions | 62 | €86,264 | €91,294 | +€5,030 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,477 | €12,306 | -€1,171 | -8.7% |
| Other operating charges | 640/8 | €2,480 | €3,376 | +€896 | +36.1% |
| Non-recurring operating charges | 66A | - | €392 | +€392 | |
| Gross operating margin | 9900 | €260,407 | €123,016 | -€137,391 | -52.8% |
| Operating profit (loss) | 9901 | €158,187 | €15,648 | -€142,539 | -90.1% |
| Financial income | 75/76B | €1,058 | €238 | -€820 | -77.5% |
| Recurring financial income | 75 | €1,058 | €238 | -€820 | -77.5% |
| Financial charges | 65/66B | €3,179 | €3,232 | +€53 | +1.7% |
| Recurring financial charges | 65 | €3,179 | €3,232 | +€53 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €156,066 | €12,654 | -€143,412 | -91.9% |
| Income taxes | 67/77 | €2,600 | €3,830 | +€1,230 | +47.3% |
| Profit (loss) for the period | 9904 | €153,466 | €8,824 | -€144,643 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €153,466 | €8,824 | -€144,643 | -94.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.