ECR Solutions: 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.
ECR Solutions
Largest movements
- Receivables within one year +€13,699
up €13,699 (+28.7%), from €47,721 to €61,420
of which Other amounts receivable: +€13,840
- Tangible fixed assets -€11,563
down €11,563 (-75.7%), from €15,277 to €3,714
of which Plant, machinery and equipment: -€15,277
- Stocks and contracts -€9,599
down €9,599 (-100%), from €9,599 to €0
- Deferred charges and accrued income -€3,099
down €3,099 (-91.9%), from €3,373 to €273
- Financial fixed assets -€1,560
down €1,560 (-63.4%), from €2,460 to €900
- Trade debts -€21,623
down €21,623 (-34.1%), from €63,362 to €41,739
- Reserves +€5,657
up €5,657 (+51.4%), from €11,015 to €16,672
- Other debts +€3,302
up €3,302 (+92.9%), from €3,553 to €6,855
- Gross operating margin -€54,900
down €54,900 (-63.3%), from €86,699 to €31,799
- Write-downs -€46,077
down €46,077 (-81.5%), from €56,504 to €10,428
- Depreciation -€11,647
down €11,647 (-75.8%), from €15,361 to €3,714
- Other operating charges +€1,911
up €1,911 (+248%), from €772 to €2,683
- Taxes -€1,547
down €1,547 (-54.2%), from €2,854 to €1,307
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 | €82,934 | €70,587 | -€12,347 | -14.9% |
| Fixed assets | 21/28 | €17,737 | €4,614 | -€13,123 | -74.0% |
| Tangible fixed assets | 22/27 | €15,277 | €3,714 | -€11,563 | -75.7% |
| Plant, machinery and equipment | 23 | €15,277 | €0 | -€15,277 | -100% |
| Other tangible fixed assets | 26 | - | €3,714 | +€3,714 | |
| Financial fixed assets | 28 | €2,460 | €900 | -€1,560 | -63.4% |
| Current assets | 29/58 | €65,197 | €65,973 | +€776 | +1.2% |
| Stocks and contracts in progress | 3 | €9,599 | €0 | -€9,599 | -100% |
| Stocks | 30/36 | €9,599 | €0 | -€9,599 | -100% |
| Amounts receivable within one year | 40/41 | €47,721 | €61,420 | +€13,699 | +28.7% |
| Trade receivables | 40 | €45,429 | €45,288 | -€141 | -0.3% |
| Other amounts receivable | 41 | €2,292 | €16,132 | +€13,840 | +604% |
| Cash at bank and in hand | 54/58 | €4,504 | €4,280 | -€225 | -5.0% |
| Deferred charges and accrued income | 490/1 | €3,373 | €273 | -€3,099 | -91.9% |
| Total equity and liabilities | 10/49 | €82,934 | €70,587 | -€12,347 | -14.9% |
| Equity | 10/15 | €16,015 | €21,672 | +€5,657 | +35.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,015 | €16,672 | +€5,657 | +51.4% |
| Distributable reserves | 133 | €11,015 | €16,672 | +€5,657 | +51.4% |
| Amounts payable | 17/49 | €66,919 | €48,915 | -€18,004 | -26.9% |
| Amounts payable within one year | 42/48 | €66,919 | €48,915 | -€18,004 | -26.9% |
| Financial debts | 43 | €4 | €13 | +€9 | +238% |
| Credit institutions | 430/8 | €4 | €0 | -€4 | -100% |
| Other loans | 439 | - | €13 | +€13 | |
| Trade debts | 44 | €63,362 | €41,739 | -€21,623 | -34.1% |
| Suppliers | 440/4 | €63,362 | €41,739 | -€21,623 | -34.1% |
| Taxes, remuneration and social security | 45 | - | €307 | +€307 | |
| Taxes | 450/3 | - | €307 | +€307 | |
| Other amounts payable | 47/48 | €3,553 | €6,855 | +€3,302 | +92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,361 | €3,714 | -€11,647 | -75.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €56,504 | €10,428 | -€46,077 | -81.5% |
| Other operating charges | 640/8 | €772 | €2,683 | +€1,911 | +248% |
| Non-recurring operating charges | 66A | - | €7,849 | +€7,849 | |
| Gross operating margin | 9900 | €86,699 | €31,799 | -€54,900 | -63.3% |
| Operating profit (loss) | 9901 | €14,061 | €7,125 | -€6,937 | -49.3% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €200 | €161 | -€40 | -19.8% |
| Recurring financial charges | 65 | €200 | €161 | -€40 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €13,869 | €6,964 | -€6,905 | -49.8% |
| Income taxes | 67/77 | €2,854 | €1,307 | -€1,547 | -54.2% |
| Profit (loss) for the period | 9904 | €11,015 | €5,657 | -€5,358 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,015 | €5,657 | -€5,358 | -48.6% |
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.