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ECOWIN TECHNICS: 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

ECOWIN TECHNICS

BE 0509.985.418
NACE 33.200, Installation of industrial machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€71,717
2024 · €51,230+€20,488
Equity
€508,471
2024 · €436,753+€71,717
Cash
€24,995
2024 · €14,477+€10,518
Balance sheet total
€1.3m
2024 · €1.3m+€18,931

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Debts after one year -€129,548

      down €129,548 (-32.4%), from €399,254 to €269,706

    • Reserves +€71,000

      up €71,000 (+26.1%), from €272,000 to €343,000

    • Trade debts +€62,016

      up €62,016 (+1,327%), from €4,673 to €66,689

    • Other debts +€14,177

      up €14,177 (+5.3%), from €266,213 to €280,391

    Income statement
    • Staff costs -€23,320

      no longer reported in 2025 (was €23,320)

    • Financial charges -€16,641

      down €16,641 (-42.2%), from €39,448 to €22,807

    • Taxes +€9,644

      up €9,644 (+36.9%), from €26,148 to €35,791

    • Gross operating margin -€9,116

      down €9,116 (-4.3%), from €213,561 to €204,444

    From the 2024 result to the 2025 result

    effect on the 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 €51,230
    Gross operating margin -€9,116
    Staff costs +€23,320
    Depreciation -€39
    Other operating charges -€675
    Financial charges +€16,641
    Taxes -€9,644
    Result 2025 €71,717
    raises the resultlowers the result

    Derived cash bridge

    cash 2024 to 2025

    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 +€196,158
    Investment -€51,054
    Financing -€134,586
    Cash 2024 €14,477
    Net result for the year +€71,717
    Depreciation +€49,290
    Receivables within one year -€6,650
    Trade debts +€62,016
    Tax, wage and social debts +€5,607
    Other debts +€14,177
    Investment in fixed assets (net) -€51,054
    Debts after one year -€129,548
    Current portion of long-term debt -€5,039
    Cash 2025 €24,995
    brings cash intakes cash out
    Every line side by side 35 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €1,329,718 €1,348,649 +€18,931 +1.4%
    Fixed assets 21/28 €1,305,920 €1,307,683 +€1,763 +0.1%
    Tangible fixed assets 22/27 €1,305,920 €1,307,683 +€1,763 +0.1%
    Land and buildings 22 €1,305,920 €1,307,683 +€1,763 +0.1%
    Current assets 29/58 €23,797 €40,966 +€17,168 +72.1%
    Amounts receivable within one year 40/41 €9,320 €15,970 +€6,650 +71.4%
    Trade receivables 40 €9,320 €15,970 +€6,650 +71.4%
    Cash at bank and in hand 54/58 €14,477 €24,995 +€10,518 +72.6%
    Total equity and liabilities 10/49 €1,329,718 €1,348,649 +€18,931 +1.4%
    Equity 10/15 €436,753 €508,471 +€71,717 +16.4%
    Contributions 10/11 €30,000 €30,000 = 0.0%
    Reserves 13 €272,000 €343,000 +€71,000 +26.1%
    Distributable reserves 133 €272,000 €343,000 +€71,000 +26.1%
    Profit (loss) carried forward 14 €134,753 €135,471 +€717 +0.5%
    Amounts payable 17/49 €892,964 €840,178 -€52,786 -5.9%
    Amounts payable after more than one year 17 €399,254 €269,706 -€129,548 -32.4%
    Financial debts 170/4 €399,254 €269,706 -€129,548 -32.4%
    Amounts payable within one year 42/48 €493,711 €570,472 +€76,761 +15.5%
    Current portion of amounts payable after more than one year 42 €158,234 €153,195 -€5,039 -3.2%
    Trade debts 44 €4,673 €66,689 +€62,016 +1,327%
    Suppliers 440/4 €4,673 €66,689 +€62,016 +1,327%
    Taxes, remuneration and social security 45 €64,590 €70,197 +€5,607 +8.7%
    Taxes 450/3 €64,590 €70,197 +€5,607 +8.7%
    Other amounts payable 47/48 €266,213 €280,391 +€14,177 +5.3%
    Remuneration, social security and pensions 62 €23,320 - -€23,320
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €49,252 €49,290 +€39 +0.1%
    Other operating charges 640/8 €24,163 €24,838 +€675 +2.8%
    Gross operating margin 9900 €213,561 €204,444 -€9,116 -4.3%
    Operating profit (loss) 9901 €116,825 €130,316 +€13,491 +11.5%
    Financial charges 65/66B €39,448 €22,807 -€16,641 -42.2%
    Recurring financial charges 65 €39,448 €22,807 -€16,641 -42.2%
    Profit (loss) for the period before taxes 9903 €77,377 €107,509 +€30,131 +38.9%
    Income taxes 67/77 €26,148 €35,791 +€9,644 +36.9%
    Profit (loss) for the period 9904 €51,230 €71,717 +€20,488 +40.0%
    Profit (loss) for the period to be appropriated 9905 €51,230 €71,717 +€20,488 +40.0%

    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 15 October 2026 via checked.be.