ECOTYS: 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.
ECOTYS
Largest movements
- Financial fixed assets +€11.7m
up €11.7m (+1670.1%), from €698,600 to €12.4m
- Debts after one year +€6.0m
new in 2024: €6.0m
- Profit (loss) carried forward +€5.8m
up €5.8m (+1294.3%), from €449,432 to €6.3m
- Other debts -€259,984
down €259,984 (-96.3%), from €270,000 to €10,016
- Financial income +€5.8m
up €5.8m (+5299.9%), from €110,000 to €5.9m
of which Non-recurring financial income: +€5.6m
- Gross operating margin -€119,870
down €119,870, from €114,239 to -€5,631
- Depreciation +€115,304
new in 2024: €115,304
- Taxes -€32,470
down €32,470, from €30,766 to -€1,703
- Financial charges +€2,583
up €2,583 (+2820.5%), from €92 to €2,675
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €861,792 | €12,372,270 | +€11.5m | +1335.6% |
| Fixed assets | 21/28 | €813,904 | €12,365,773 | +€11.6m | +1419.3% |
| Intangible fixed assets | 21 | €115,304 | - | -€115,304 | |
| Financial fixed assets | 28 | €698,600 | €12,365,773 | +€11.7m | +1670.1% |
| Current assets | 29/58 | €47,888 | €6,497 | -€41,391 | -86.4% |
| Amounts receivable within one year | 40/41 | €454 | €3,842 | +€3,388 | +746.3% |
| Trade receivables | 40 | - | €2,378 | +€2,378 | |
| Other amounts receivable | 41 | €454 | €1,463 | +€1,009 | +222.3% |
| Cash at bank and in hand | 54/58 | €47,434 | €2,655 | -€44,779 | -94.4% |
| Total equity and liabilities | 10/49 | €861,792 | €12,372,270 | +€11.5m | +1335.6% |
| Equity | 10/15 | €509,252 | €6,326,239 | +€5.8m | +1142.3% |
| Contributions | 10/11 | €50,460 | €50,460 | = | 0.0% |
| Reserves | 13 | €9,360 | €9,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,360 | - | -€9,360 | |
| Reserves not available under the articles | 1311 | €9,360 | - | -€9,360 | |
| Distributable reserves | 133 | - | €9,360 | +€9,360 | |
| Profit (loss) carried forward | 14 | €449,432 | €6,266,419 | +€5.8m | +1294.3% |
| Amounts payable | 17/49 | €352,540 | €6,046,031 | +€5.7m | +1615.0% |
| Amounts payable after more than one year | 17 | - | €6,000,000 | +€6.0m | |
| Financial debts | 170/4 | - | €6,000,000 | +€6.0m | |
| Amounts payable within one year | 42/48 | €352,540 | €46,031 | -€306,509 | -86.9% |
| Trade debts | 44 | €6,774 | €7,718 | +€944 | +13.9% |
| Suppliers | 440/4 | €6,774 | €7,718 | +€944 | +13.9% |
| Taxes, remuneration and social security | 45 | €75,766 | €28,297 | -€47,470 | -62.7% |
| Taxes | 450/3 | €75,766 | €28,297 | -€47,470 | -62.7% |
| Other amounts payable | 47/48 | €270,000 | €10,016 | -€259,984 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €115,304 | +€115,304 | |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | €114,239 | -€5,631 | -€119,870 | |
| Operating profit (loss) | 9901 | €113,278 | -€121,903 | -€235,181 | |
| Financial income | 75/76B | €110,000 | €5,939,861 | +€5.8m | +5299.9% |
| Recurring financial income | 75 | €110,000 | €300,000 | +€190,000 | +172.7% |
| Non-recurring financial income | 76B | - | €5,639,861 | +€5.6m | |
| Financial charges | 65/66B | €92 | €2,675 | +€2,583 | +2820.5% |
| Recurring financial charges | 65 | €92 | €2,675 | +€2,583 | +2820.5% |
| Profit (loss) for the period before taxes | 9903 | €223,187 | €5,815,283 | +€5.6m | +2505.6% |
| Income taxes | 67/77 | €30,766 | -€1,703 | -€32,470 | |
| Profit (loss) for the period | 9904 | €192,420 | €5,816,987 | +€5.6m | +2923.1% |
| Profit (loss) for the period to be appropriated | 9905 | €192,420 | €5,816,987 | +€5.6m | +2923.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.