Ecover BELGIUM: 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.
What changed
Ecover BELGIUM
NACE 46.442, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€382,491
2024 · €433,918-€51,427
Equity
€7.6m
2024 · €7.2m+€382,491
Cash
€819,550
2024 · €1.2m-€378,310
Balance sheet total
€13.2m
2024 · €12.4m+€819,649
Largest movements
Assets
- Receivables within one year +€842,081
up €842,081 (+11.1%), from €7.6m to €8.4m
of which Other amounts receivable: +€788,955
- Cash -€378,310
down €378,310 (-31.6%), from €1.2m to €819,550
mainly Other debts (-€1.5m) and Receivables within one year (-€842,081)
- Stocks and contracts +€357,331
up €357,331 (+9.8%), from €3.7m to €4.0m
Equity and liabilities
- Trade debts +€1.9m
up €1.9m (+182%), from €1.0m to €2.9m
- Other debts -€1.5m
down €1.5m (-88.4%), from €1.7m to €200,201
- Profit (loss) carried forward +€363,366
up €363,366 (+19.8%), from €1.8m to €2.2m
Income statement
- Services and other goods +€970,481
up €970,481 (+26.0%), from €3.7m to €4.7m
- Turnover +€905,964
up €905,964 (+3.8%), from €23.6m to €24.5m
- Write-downs +€357,241
up €357,241, from -€103,995 to €253,247
- Goods and materials -€303,952
down €303,952 (-1.7%), from €17.7m to €17.4m
of which Change in stocks: decrease (increase): -€499,189
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.
Result 2024
€433,918
Turnover
+€905,964
Other operating income
+€96,058
Goods and materials
+€303,952
Services and other goods
-€970,481
Staff costs
+€166,314
Write-downs
-€357,241
Other operating charges
-€100,318
Financial income
+€143,933
Financial charges
-€165,235
Taxes
-€74,373
Result 2025
€382,491
raises the resultlowers the result
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.
From operations
-€378,310
Investment
€0
Financing
€0
Cash 2024
€1.2m
From operations (derived)
-€378,310
Net result for the year
+€382,491
Depreciation
+€545
Stocks and contracts
-€357,331
Receivables within one year
-€842,081
Deferred charges and accrued income
+€908
Trade debts
+€1.9m
Tax, wage and social debts
+€28,772
Other debts
-€1.5m
Accrued charges and deferred income
+€66,892
Cash 2025
€819,550
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,411,270 | €13,230,919 | +€819,649 | +6.6% |
| Fixed assets | 21/28 | €2,570 | €2,026 | -€545 | -21.2% |
| Tangible fixed assets | 22/27 | €2,570 | €2,026 | -€545 | -21.2% |
| Land and buildings | 22 | €2,570 | €2,026 | -€545 | -21.2% |
| Current assets | 29/58 | €12,408,700 | €13,228,894 | +€820,194 | +6.6% |
| Stocks and contracts in progress | 3 | €3,653,394 | €4,010,725 | +€357,331 | +9.8% |
| Stocks | 30/36 | €3,653,394 | €4,010,725 | +€357,331 | +9.8% |
| Raw materials and consumables | 30/31 | €20,939 | €5,492 | -€15,447 | -73.8% |
| Goods purchased for resale | 34 | €3,632,455 | €4,005,233 | +€372,778 | +10.3% |
| Amounts receivable within one year | 40/41 | €7,556,538 | €8,398,619 | +€842,081 | +11.1% |
| Trade receivables | 40 | €7,369,679 | €7,422,805 | +€53,126 | +0.7% |
| Other amounts receivable | 41 | €186,859 | €975,814 | +€788,955 | +422% |
| Cash at bank and in hand | 54/58 | €1,197,860 | €819,550 | -€378,310 | -31.6% |
| Deferred charges and accrued income | 490/1 | €908 | €0 | -€908 | -100% |
| Total equity and liabilities | 10/49 | €12,411,270 | €13,230,919 | +€819,649 | +6.6% |
| Equity | 10/15 | €7,176,133 | €7,558,624 | +€382,491 | +5.3% |
| Contributions | 10/11 | €5,244,299 | €5,244,299 | = | 0.0% |
| Capital | 10 | €2,061,500 | €2,061,500 | = | 0.0% |
| Issued capital | 100 | €2,061,500 | €2,061,500 | = | 0.0% |
| Contributions outside capital | 11 | €3,182,799 | €3,182,799 | = | 0.0% |
| Share premium | 1100/10 | €3,182,799 | €3,182,799 | = | 0.0% |
| Reserves | 13 | €96,592 | €115,716 | +€19,125 | +19.8% |
| Non-distributable reserves | 130/1 | €96,592 | €115,716 | +€19,125 | +19.8% |
| Legal reserve | 130 | €96,592 | €115,716 | +€19,125 | +19.8% |
| Profit (loss) carried forward | 14 | €1,835,243 | €2,198,609 | +€363,366 | +19.8% |
| Amounts payable | 17/49 | €5,235,137 | €5,672,295 | +€437,158 | +8.4% |
| Amounts payable within one year | 42/48 | €3,226,306 | €3,596,573 | +€370,267 | +11.5% |
| Trade debts | 44 | €1,028,779 | €2,900,924 | +€1.9m | +182% |
| Suppliers | 440/4 | €1,028,779 | €2,900,924 | +€1.9m | +182% |
| Taxes, remuneration and social security | 45 | €466,677 | €495,449 | +€28,772 | +6.2% |
| Taxes | 450/3 | €36,533 | €52,574 | +€16,040 | +43.9% |
| Remuneration and social security | 454/9 | €430,144 | €442,875 | +€12,732 | +3.0% |
| Other amounts payable | 47/48 | €1,730,851 | €200,201 | -€1.5m | -88.4% |
| Accrued charges and deferred income | 492/3 | €2,008,830 | €2,075,722 | +€66,892 | +3.3% |
| Operating income | 70/76A | €23,637,501 | €24,639,523 | +€1.0m | +4.2% |
| Turnover | 70 | €23,615,204 | €24,521,167 | +€905,964 | +3.8% |
| Other operating income | 74 | €22,298 | €118,356 | +€96,058 | +431% |
| Operating charges | 60/66A | €22,733,630 | €23,691,404 | +€957,774 | +4.2% |
| Goods for resale, raw materials and consumables | 60 | €17,685,953 | €17,382,002 | -€303,952 | -1.7% |
| Purchases | 600/8 | €17,700,549 | €17,895,787 | +€195,238 | +1.1% |
| Change in stocks: decrease (increase) | 609 | -€14,596 | -€513,785 | -€499,189 | -3,420% |
| Services and other goods | 61 | €3,729,150 | €4,699,630 | +€970,481 | +26.0% |
| Remuneration, social security and pensions | 62 | €1,323,900 | €1,157,585 | -€166,314 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €545 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€103,995 | €253,247 | +€357,241 | |
| Other operating charges | 640/8 | €98,077 | €198,395 | +€100,318 | +102% |
| Operating profit (loss) | 9901 | €903,871 | €948,120 | +€44,248 | +4.9% |
| Financial income | 75/76B | €20,878 | €164,812 | +€143,933 | +689% |
| Recurring financial income | 75 | €20,878 | €164,812 | +€143,933 | +689% |
| Income from current assets | 751 | €1,363 | €431 | -€932 | -68.4% |
| Other financial income | 752/9 | €19,515 | €164,380 | +€144,865 | +742% |
| Financial charges | 65/66B | €383,451 | €548,686 | +€165,235 | +43.1% |
| Recurring financial charges | 65 | €383,451 | €548,686 | +€165,235 | +43.1% |
| Debt charges | 650 | €357,244 | €360,589 | +€3,346 | +0.9% |
| Other financial charges | 652/9 | €26,207 | €188,097 | +€161,890 | +618% |
| Profit (loss) for the period before taxes | 9903 | €541,299 | €564,245 | +€22,946 | +4.2% |
| Income taxes | 67/77 | €107,381 | €181,754 | +€74,373 | +69.3% |
| Taxes | 670/3 | €132,675 | €181,754 | +€49,079 | +37.0% |
| Tax adjustments and reversals of tax provisions | 77 | €25,294 | €0 | -€25,294 | -100% |
| Profit (loss) for the period | 9904 | €433,918 | €382,491 | -€51,427 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €433,918 | €382,491 | -€51,427 | -11.9% |
Source: filed annual accounts (NBB), financial years ended 28 June 2024 and 27 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.