ECOWIND: 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.
ECOWIND
Largest movements
- Receivables within one year +€9,290
up €9,290 (+54.5%), from €17,031 to €26,321
of which Trade receivables: +€6,959
- Receivables after one year -€8,470
down €8,470 (-9.3%), from €90,712 to €82,243
- Tangible fixed assets -€3,081
down €3,081 (-58.5%), from €5,270 to €2,188
of which Furniture and vehicles: -€2,837
- Provisions -€2,187
down €2,187 (-5.3%), from €41,255 to €39,069
- Gross operating margin -€7,746
down €7,746 (-61.5%), from €12,591 to €4,845
- Other operating charges -€2,790
down €2,790 (-73.8%), from €3,782 to €992
- Taxes +€1,495
up €1,495 (+462%), from €323 to €1,818
- Financial income +€415
up €415 (+33.3%), from €1,246 to €1,661
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.
Derived cash bridge
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 | €155,938 | €153,926 | -€2,012 | -1.3% |
| Fixed assets | 21/28 | €5,734 | €2,420 | -€3,313 | -57.8% |
| Intangible fixed assets | 21 | €464 | €232 | -€232 | -50.0% |
| Tangible fixed assets | 22/27 | €5,270 | €2,188 | -€3,081 | -58.5% |
| Plant, machinery and equipment | 23 | €488 | €244 | -€244 | -50.0% |
| Furniture and vehicles | 24 | €4,782 | €1,944 | -€2,837 | -59.3% |
| Current assets | 29/58 | €150,204 | €151,506 | +€1,302 | +0.9% |
| Amounts receivable after more than one year | 29 | €90,712 | €82,243 | -€8,470 | -9.3% |
| Trade receivables | 290 | €90,712 | €82,243 | -€8,470 | -9.3% |
| Amounts receivable within one year | 40/41 | €17,031 | €26,321 | +€9,290 | +54.5% |
| Trade receivables | 40 | €2,541 | €9,500 | +€6,959 | +274% |
| Other amounts receivable | 41 | €14,490 | €16,821 | +€2,331 | +16.1% |
| Cash at bank and in hand | 54/58 | €42,460 | €42,942 | +€482 | +1.1% |
| Total equity and liabilities | 10/49 | €155,938 | €153,926 | -€2,012 | -1.3% |
| Equity | 10/15 | €93,680 | €92,661 | -€1,020 | -1.1% |
| Contributions | 10/11 | €14,400 | €14,400 | = | 0.0% |
| Capital | 10 | €14,400 | €14,400 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Uncalled capital | 101 | €47,600 | €47,600 | = | 0.0% |
| Reserves | 13 | €1,440 | €1,440 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,440 | €1,440 | = | 0.0% |
| Legal reserve | 130 | €1,440 | €1,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,840 | €76,821 | -€1,020 | -1.3% |
| Provisions and deferred taxes | 16 | €41,255 | €39,069 | -€2,187 | -5.3% |
| Provisions for liabilities and charges | 160/5 | €41,255 | €39,069 | -€2,187 | -5.3% |
| Taxes | 161 | €41,255 | €39,069 | -€2,187 | -5.3% |
| Amounts payable | 17/49 | €21,003 | €22,197 | +€1,195 | +5.7% |
| Amounts payable within one year | 42/48 | €21,003 | €22,197 | +€1,195 | +5.7% |
| Trade debts | 44 | €21,003 | €22,197 | +€1,195 | +5.7% |
| Suppliers | 440/4 | €21,003 | €22,197 | +€1,195 | +5.7% |
| Non-recurring operating income | 76A | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,313 | €3,313 | = | 0.0% |
| Other operating charges | 640/8 | €3,782 | €992 | -€2,790 | -73.8% |
| Gross operating margin | 9900 | €12,591 | €4,845 | -€7,746 | -61.5% |
| Operating profit (loss) | 9901 | €5,496 | €540 | -€4,956 | -90.2% |
| Financial income | 75/76B | €1,246 | €1,661 | +€415 | +33.3% |
| Recurring financial income | 75 | €1,246 | €1,661 | +€415 | +33.3% |
| Financial charges | 65/66B | €173 | €153 | -€20 | -11.6% |
| Recurring financial charges | 65 | €173 | €153 | -€20 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €6,569 | €2,048 | -€4,521 | -68.8% |
| Income taxes | 67/77 | €323 | €1,818 | +€1,495 | +462% |
| Profit (loss) for the period | 9904 | €6,246 | €230 | -€6,015 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,246 | €230 | -€6,015 | -96.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.