ECOVENNE: 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.
ECOVENNE
Largest movements
- Stocks and contracts -€475,307
down €475,307 (-97.9%), from €485,387 to €10,080
- Receivables within one year +€128,068
up €128,068 (+55.8%), from €229,329 to €357,397
of which Other amounts receivable: +€221,001
- Tangible fixed assets -€42,003
down €42,003 (-15.3%), from €273,673 to €231,670
of which Furniture and vehicles: -€28,022
- Cash -€39,337
down €39,337 (-93.2%), from €42,185 to €2,848
mainly Net result for the year (-€237,805) and Other debts (-€184,380)
- Financial fixed assets +€20,000
up €20,000 (+83.3%), from €24,000 to €44,000
- Profit (loss) carried forward -€237,805
down €237,805 (-28.2%), from -€842,006 to -€1.1m
- Other debts -€184,380
down €184,380 (-20.5%), from €897,893 to €713,513
- Gross operating margin -€125,113
down €125,113, from €46,132 to -€78,980
- Financial charges -€13,187
down €13,187 (-28.8%), from €45,778 to €32,591
- Financial income +€8,405
up €8,405 (+58,776%), from €14 to €8,419
- Depreciation -€8,324
down €8,324 (-19.5%), from €42,687 to €34,363
- Staff costs -€6,387
down €6,387 (-6.5%), from €98,182 to €91,795
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.
Derived cash bridge
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 | €1,063,537 | €650,948 | -€412,589 | -38.8% |
| Fixed assets | 21/28 | €297,673 | €275,670 | -€22,003 | -7.4% |
| Tangible fixed assets | 22/27 | €273,673 | €231,670 | -€42,003 | -15.3% |
| Land and buildings | 22 | €219,515 | €210,243 | -€9,272 | -4.2% |
| Plant, machinery and equipment | 23 | €15,149 | €10,440 | -€4,709 | -31.1% |
| Furniture and vehicles | 24 | €39,009 | €10,987 | -€28,022 | -71.8% |
| Financial fixed assets | 28 | €24,000 | €44,000 | +€20,000 | +83.3% |
| Current assets | 29/58 | €765,863 | €375,278 | -€390,586 | -51.0% |
| Stocks and contracts in progress | 3 | €485,387 | €10,080 | -€475,307 | -97.9% |
| Stocks | 30/36 | €485,387 | €10,080 | -€475,307 | -97.9% |
| Amounts receivable within one year | 40/41 | €229,329 | €357,397 | +€128,068 | +55.8% |
| Trade receivables | 40 | €228,773 | €135,840 | -€92,933 | -40.6% |
| Other amounts receivable | 41 | €556 | €221,557 | +€221,001 | +39,715% |
| Cash at bank and in hand | 54/58 | €42,185 | €2,848 | -€39,337 | -93.2% |
| Deferred charges and accrued income | 490/1 | €8,962 | €4,953 | -€4,009 | -44.7% |
| Total equity and liabilities | 10/49 | €1,063,537 | €650,948 | -€412,589 | -38.8% |
| Equity | 10/15 | -€835,606 | -€1,073,411 | -€237,805 | -28.5% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Contributions outside capital | 11 | €6,400 | - | -€6,400 | |
| Other | 1109/19 | €6,400 | - | -€6,400 | |
| Profit (loss) carried forward | 14 | -€842,006 | -€1,079,811 | -€237,805 | -28.2% |
| Amounts payable | 17/49 | €1,899,143 | €1,724,359 | -€174,784 | -9.2% |
| Amounts payable after more than one year | 17 | €919,502 | €910,091 | -€9,411 | -1.0% |
| Financial debts | 170/4 | €919,502 | €910,091 | -€9,411 | -1.0% |
| Amounts payable within one year | 42/48 | €979,316 | €813,963 | -€165,352 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €9,924 | €10,184 | +€260 | +2.6% |
| Financial debts | 43 | €6,686 | €13,049 | +€6,363 | +95.2% |
| Credit institutions | 430/8 | €6,686 | €13,049 | +€6,363 | +95.2% |
| Trade debts | 44 | €49,578 | €52,801 | +€3,223 | +6.5% |
| Suppliers | 440/4 | €49,578 | €52,801 | +€3,223 | +6.5% |
| Taxes, remuneration and social security | 45 | €15,234 | €24,417 | +€9,183 | +60.3% |
| Taxes | 450/3 | €4,356 | €8,169 | +€3,813 | +87.5% |
| Remuneration and social security | 454/9 | €10,878 | €16,248 | +€5,370 | +49.4% |
| Other amounts payable | 47/48 | €897,893 | €713,513 | -€184,380 | -20.5% |
| Accrued charges and deferred income | 492/3 | €326 | €305 | -€20 | -6.3% |
| Non-recurring operating income | 76A | €16,964 | €11,485 | -€5,479 | -32.3% |
| Remuneration, social security and pensions | 62 | €98,182 | €91,795 | -€6,387 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,687 | €34,363 | -€8,324 | -19.5% |
| Other operating charges | 640/8 | €9,446 | €7,262 | -€2,185 | -23.1% |
| Non-recurring operating charges | 66A | €171,916 | €0 | -€171,916 | -100% |
| Gross operating margin | 9900 | €46,132 | -€78,980 | -€125,113 | |
| Operating profit (loss) | 9901 | -€276,099 | -€212,400 | +€63,699 | +23.1% |
| Financial income | 75/76B | €14 | €8,419 | +€8,405 | +58,776% |
| Recurring financial income | 75 | €14 | €8,419 | +€8,405 | +58,776% |
| Financial charges | 65/66B | €45,778 | €32,591 | -€13,187 | -28.8% |
| Recurring financial charges | 65 | €45,778 | €32,591 | -€13,187 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€321,863 | -€236,572 | +€85,291 | +26.5% |
| Income taxes | 67/77 | - | €1,233 | +€1,233 | |
| Profit (loss) for the period | 9904 | -€321,863 | -€237,805 | +€84,058 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€321,863 | -€237,805 | +€84,058 | +26.1% |
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 16 October 2026 via checked.be.