ECOTRANSTER: 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.
ECOTRANSTER
Largest movements
- Tangible fixed assets +€169,690
up €169,690 (+68.6%), from €247,192 to €416,883
of which Furniture and vehicles: +€161,374
- Receivables within one year +€125,033
up €125,033 (+33.0%), from €378,583 to €503,615
of which Trade receivables: +€96,244
- Cash +€20,198
up €20,198 (+149.6%), from €13,505 to €33,703
mainly Debts after one year (+€162,750) and Depreciation (+€104,350)
- Debts after one year +€162,750
up €162,750 (+103.7%), from €156,980 to €319,731
- Trade debts +€61,943
up €61,943 (+38.7%), from €159,976 to €221,919
- Other debts +€40,512
up €40,512 (+521.8%), from €7,764 to €48,276
- Profit (loss) carried forward +€27,100
up €27,100 (+14.0%), from €192,890 to €219,990
- Current portion of long-term debt +€16,116
up €16,116 (+23.3%), from €69,207 to €85,323
- Gross operating margin +€71,692
up €71,692 (+49.5%), from €144,777 to €216,469
- Staff costs +€20,727
up €20,727 (+96.3%), from €21,515 to €42,243
- Taxes +€14,966
up €14,966 (+590.6%), from €2,534 to €17,500
- Depreciation +€11,195
up €11,195 (+12.0%), from €93,155 to €104,350
- Other operating charges +€7,830
up €7,830 (+86.0%), from €9,103 to €16,934
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 | €646,597 | €961,599 | +€315,002 | +48.7% |
| Fixed assets | 21/28 | €247,462 | €417,153 | +€169,690 | +68.6% |
| Tangible fixed assets | 22/27 | €247,192 | €416,883 | +€169,690 | +68.6% |
| Land and buildings | 22 | €65,577 | €65,577 | = | 0.0% |
| Plant, machinery and equipment | 23 | €151,938 | €160,254 | +€8,316 | +5.5% |
| Furniture and vehicles | 24 | €29,677 | €191,051 | +€161,374 | +543.8% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €399,135 | €544,446 | +€145,312 | +36.4% |
| Stocks and contracts in progress | 3 | €7,047 | €5,523 | -€1,525 | -21.6% |
| Stocks | 30/36 | €7,047 | €5,523 | -€1,525 | -21.6% |
| Amounts receivable within one year | 40/41 | €378,583 | €503,615 | +€125,033 | +33.0% |
| Trade receivables | 40 | €376,117 | €472,361 | +€96,244 | +25.6% |
| Other amounts receivable | 41 | €2,466 | €31,254 | +€28,789 | +1167.5% |
| Cash at bank and in hand | 54/58 | €13,505 | €33,703 | +€20,198 | +149.6% |
| Deferred charges and accrued income | 490/1 | - | €1,605 | +€1,605 | |
| Total equity and liabilities | 10/49 | €646,597 | €961,599 | +€315,002 | +48.7% |
| Equity | 10/15 | €247,246 | €274,346 | +€27,100 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,890 | €219,990 | +€27,100 | +14.0% |
| Investment grants | 15 | €3,896 | €3,896 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,006 | €2,006 | = | 0.0% |
| Deferred taxes | 168 | €2,006 | €2,006 | = | 0.0% |
| Amounts payable | 17/49 | €397,344 | €685,246 | +€287,902 | +72.5% |
| Amounts payable after more than one year | 17 | €156,980 | €319,731 | +€162,750 | +103.7% |
| Financial debts | 170/4 | €156,980 | €319,731 | +€162,750 | +103.7% |
| Amounts payable within one year | 42/48 | €240,364 | €365,451 | +€125,087 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €69,207 | €85,323 | +€16,116 | +23.3% |
| Trade debts | 44 | €159,976 | €221,919 | +€61,943 | +38.7% |
| Suppliers | 440/4 | €159,976 | €221,919 | +€61,943 | +38.7% |
| Taxes, remuneration and social security | 45 | €3,417 | €9,933 | +€6,517 | +190.7% |
| Taxes | 450/3 | €3,417 | €9,933 | +€6,517 | +190.7% |
| Other amounts payable | 47/48 | €7,764 | €48,276 | +€40,512 | +521.8% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Non-recurring operating income | 76A | €4,720 | - | -€4,720 | |
| Remuneration, social security and pensions | 62 | €21,515 | €42,243 | +€20,727 | +96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,155 | €104,350 | +€11,195 | +12.0% |
| Other operating charges | 640/8 | €9,103 | €16,934 | +€7,830 | +86.0% |
| Gross operating margin | 9900 | €144,777 | €216,469 | +€71,692 | +49.5% |
| Operating profit (loss) | 9901 | €21,003 | €52,943 | +€31,940 | +152.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €9,645 | €8,344 | -€1,301 | -13.5% |
| Recurring financial charges | 65 | €9,645 | €8,344 | -€1,301 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €11,358 | €44,600 | +€33,242 | +292.7% |
| Income taxes | 67/77 | €2,534 | €17,500 | +€14,966 | +590.6% |
| Profit (loss) for the period | 9904 | €8,824 | €27,100 | +€18,276 | +207.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,824 | €27,100 | +€18,276 | +207.1% |
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 6 October 2026 via checked.be.