ECOTREND: 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.
ECOTREND
Largest movements
- Receivables within one year +€15,570
up €15,570 (+5.6%), from €276,112 to €291,682
of which Trade receivables: +€12,006
- Deferred charges and accrued income +€7,389
up €7,389 (+2632.6%), from €281 to €7,669
- Cash -€5,990
down €5,990 (-46.5%), from €12,891 to €6,901
mainly Accrued charges and deferred income (-€52,694) and Receivables within one year (-€15,570)
- Reserves +€214,449
new in 2025: €214,449
- Profit (loss) carried forward -€178,661
down €178,661 (-100.0%), from €178,661 to €0
- Accrued charges and deferred income -€52,694
down €52,694 (-100.0%), from €52,694 to €0
- Trade debts +€18,909
up €18,909 (+313.5%), from €6,032 to €24,941
- Tax, wage and social debts +€14,219
up €14,219 (+27.2%), from €52,195 to €66,413
of which Taxes: +€11,961
- Gross operating margin -€29,939
down €29,939 (-30.4%), from €98,379 to €68,440
- Taxes -€9,751
down €9,751 (-48.2%), from €20,220 to €10,469
- Staff costs -€2,547
down €2,547 (-13.8%), from €18,488 to €15,941
- Financial income +€1,002
up €1,002 (+367.2%), from €273 to €1,275
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 | €292,081 | €308,303 | +€16,222 | +5.6% |
| Fixed assets | 21/28 | €2,797 | €2,051 | -€746 | -26.7% |
| Tangible fixed assets | 22/27 | €2,297 | €2,051 | -€246 | -10.7% |
| Plant, machinery and equipment | 23 | €1,954 | €680 | -€1,274 | -65.2% |
| Furniture and vehicles | 24 | €343 | €1,370 | +€1,028 | +299.9% |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100.0% |
| Current assets | 29/58 | €289,284 | €306,252 | +€16,968 | +5.9% |
| Amounts receivable within one year | 40/41 | €276,112 | €291,682 | +€15,570 | +5.6% |
| Trade receivables | 40 | €35,396 | €47,402 | +€12,006 | +33.9% |
| Other amounts receivable | 41 | €240,716 | €244,279 | +€3,563 | +1.5% |
| Cash at bank and in hand | 54/58 | €12,891 | €6,901 | -€5,990 | -46.5% |
| Deferred charges and accrued income | 490/1 | €281 | €7,669 | +€7,389 | +2632.6% |
| Total equity and liabilities | 10/49 | €292,081 | €308,303 | +€16,222 | +5.6% |
| Equity | 10/15 | €181,161 | €216,949 | +€35,788 | +19.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €214,449 | +€214,449 | |
| Distributable reserves | 133 | - | €214,449 | +€214,449 | |
| Profit (loss) carried forward | 14 | €178,661 | €0 | -€178,661 | -100.0% |
| Amounts payable | 17/49 | €110,920 | €91,354 | -€19,566 | -17.6% |
| Amounts payable within one year | 42/48 | €58,226 | €91,354 | +€33,128 | +56.9% |
| Trade debts | 44 | €6,032 | €24,941 | +€18,909 | +313.5% |
| Suppliers | 440/4 | €6,032 | €24,941 | +€18,909 | +313.5% |
| Taxes, remuneration and social security | 45 | €52,195 | €66,413 | +€14,219 | +27.2% |
| Taxes | 450/3 | €47,301 | €59,262 | +€11,961 | +25.3% |
| Remuneration and social security | 454/9 | €4,894 | €7,152 | +€2,258 | +46.1% |
| Accrued charges and deferred income | 492/3 | €52,694 | €0 | -€52,694 | -100.0% |
| Remuneration, social security and pensions | 62 | €18,488 | €15,941 | -€2,547 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,265 | €1,771 | -€493 | -21.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €337 | +€337 | |
| Other operating charges | 640/8 | €2,468 | €2,594 | +€126 | +5.1% |
| Gross operating margin | 9900 | €98,379 | €68,440 | -€29,939 | -30.4% |
| Operating profit (loss) | 9901 | €75,158 | €47,797 | -€27,361 | -36.4% |
| Financial income | 75/76B | €273 | €1,275 | +€1,002 | +367.2% |
| Recurring financial income | 75 | €273 | €1,275 | +€1,002 | +367.2% |
| Financial charges | 65/66B | €2,329 | €2,815 | +€486 | +20.8% |
| Recurring financial charges | 65 | €2,329 | €2,815 | +€486 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €73,102 | €46,257 | -€26,845 | -36.7% |
| Income taxes | 67/77 | €20,220 | €10,469 | -€9,751 | -48.2% |
| Profit (loss) for the period | 9904 | €52,882 | €35,788 | -€17,094 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,882 | €35,788 | -€17,094 | -32.3% |
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.