Ecotri: 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.
Ecotri
Largest movements
- Tangible fixed assets +€1.7m
up €1.7m (+71.8%), from €2.3m to €4.0m
of which Leasing and similar rights: +€1.3m
- Stocks and contracts -€182,922
down €182,922 (-89.9%), from €203,400 to €20,478
- Receivables within one year +€175,915
up €175,915 (+81.7%), from €215,288 to €391,203
of which Other amounts receivable: +€292,773
- Debts after one year +€1.5m
up €1.5m (+88.8%), from €1.7m to €3.2m
- Short-term financial debts +€403,257
new in 2025: €403,257
of which Other loans: +€333,757
- Trade debts -€343,279
down €343,279 (-77.6%), from €442,428 to €99,149
- Other debts -€337,739
no longer reported in 2025 (was €337,739)
- Current portion of long-term debt +€302,490
up €302,490 (+205.6%), from €147,091 to €449,581
- Gross operating margin -€392,748
down €392,748 (-74.2%), from €529,529 to €136,782
- Financial charges -€104,563
down €104,563 (-60.8%), from €172,071 to €67,508
of which Financial charges: -€65,417
- Staff costs -€54,528
down €54,528 (-86.6%), from €62,935 to €8,407
- Depreciation +€43,831
up €43,831 (+62.6%), from €70,011 to €113,843
- Financial income +€40,537
up €40,537 (+202687250.0%), from €0 to €40,537
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 | €2,839,760 | €4,482,023 | +€1.6m | +57.8% |
| Fixed assets | 21/28 | €2,340,114 | €4,021,032 | +€1.7m | +71.8% |
| Tangible fixed assets | 22/27 | €2,340,114 | €4,021,032 | +€1.7m | +71.8% |
| Land and buildings | 22 | €2,074,678 | €2,582,011 | +€507,334 | +24.5% |
| Plant, machinery and equipment | 23 | €265,436 | €93,740 | -€171,696 | -64.7% |
| Leasing and similar rights | 25 | - | €1,345,281 | +€1.3m | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €499,646 | €460,991 | -€38,655 | -7.7% |
| Stocks and contracts in progress | 3 | €203,400 | €20,478 | -€182,922 | -89.9% |
| Stocks | 30/36 | €203,400 | €20,478 | -€182,922 | -89.9% |
| Amounts receivable within one year | 40/41 | €215,288 | €391,203 | +€175,915 | +81.7% |
| Trade receivables | 40 | €214,822 | €97,964 | -€116,858 | -54.4% |
| Other amounts receivable | 41 | €465 | €293,238 | +€292,773 | +62902.4% |
| Cash at bank and in hand | 54/58 | €80,958 | €49,310 | -€31,648 | -39.1% |
| Total equity and liabilities | 10/49 | €2,839,760 | €4,482,023 | +€1.6m | +57.8% |
| Equity | 10/15 | €225,932 | €216,821 | -€9,112 | -4.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,932 | €166,851 | -€39,081 | -19.0% |
| Investment grants | 15 | - | €29,969 | +€29,969 | |
| Provisions and deferred taxes | 16 | - | €94,500 | +€94,500 | |
| Provisions for liabilities and charges | 160/5 | - | €94,500 | +€94,500 | |
| Environmental obligations | 163 | - | €94,500 | +€94,500 | |
| Amounts payable | 17/49 | €2,613,827 | €4,170,702 | +€1.6m | +59.6% |
| Amounts payable after more than one year | 17 | €1,681,826 | €3,175,055 | +€1.5m | +88.8% |
| Financial debts | 170/4 | €1,681,826 | €3,175,055 | +€1.5m | +88.8% |
| Amounts payable within one year | 42/48 | €932,002 | €953,276 | +€21,274 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €147,091 | €449,581 | +€302,490 | +205.6% |
| Financial debts | 43 | - | €403,257 | +€403,257 | |
| Credit institutions | 430/8 | - | €69,500 | +€69,500 | |
| Other loans | 439 | - | €333,757 | +€333,757 | |
| Trade debts | 44 | €442,428 | €99,149 | -€343,279 | -77.6% |
| Suppliers | 440/4 | €442,428 | €99,149 | -€343,279 | -77.6% |
| Taxes, remuneration and social security | 45 | €4,744 | €1,289 | -€3,455 | -72.8% |
| Taxes | 450/3 | €0 | €59 | +€59 | |
| Remuneration and social security | 454/9 | €4,744 | €1,229 | -€3,514 | -74.1% |
| Other amounts payable | 47/48 | €337,739 | - | -€337,739 | |
| Accrued charges and deferred income | 492/3 | - | €42,371 | +€42,371 | |
| Non-recurring operating income | 76A | €8,871 | - | -€8,871 | |
| Remuneration, social security and pensions | 62 | €62,935 | €8,407 | -€54,528 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,011 | €113,843 | +€43,831 | +62.6% |
| Other operating charges | 640/8 | €16,150 | €62 | -€16,088 | -99.6% |
| Non-recurring operating charges | 66A | - | €30,012 | +€30,012 | |
| Gross operating margin | 9900 | €529,529 | €136,782 | -€392,748 | -74.2% |
| Operating profit (loss) | 9901 | €380,433 | -€15,541 | -€395,974 | |
| Financial income | 75/76B | €0 | €40,537 | +€40,537 | +202687250.0% |
| Recurring financial income | 75 | €0 | €40,537 | +€40,537 | +202687250.0% |
| Financial charges | 65/66B | €172,071 | €67,508 | -€104,563 | -60.8% |
| Recurring financial charges | 65 | €132,525 | €67,108 | -€65,417 | -49.4% |
| Non-recurring financial charges | 66B | €39,546 | €400 | -€39,146 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | €208,362 | -€42,512 | -€250,874 | |
| Income taxes | 67/77 | - | -€3,431 | -€3,431 | |
| Profit (loss) for the period | 9904 | €208,362 | -€39,081 | -€247,443 | |
| Profit (loss) for the period to be appropriated | 9905 | €208,362 | -€39,081 | -€247,443 |
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 7 October 2026 via checked.be.