ECSTEND: what changed
Two fiscal 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.
ECSTEND
Largest movements
- Tangible fixed assets -€6,045
down €6,045 (-88.8%), from €6,808 to €763
of which Furniture and vehicles: -€5,667
- Deferred charges and accrued income +€1,698
up €1,698 (+287.4%), from €591 to €2,288
- Receivables within one year -€1,028
down €1,028 (-2.5%), from €40,831 to €39,803
of which Trade receivables: -€579
- Profit (loss) carried forward -€38,586
down €38,586 (-15978.4%), from -€241 to -€38,828
- Tax, wage and social debts +€17,326
up €17,326 (+118.6%), from €14,614 to €31,940
of which Remuneration and social security: +€15,626
- Short-term financial debts +€16,471
up €16,471 (+130.3%), from €12,645 to €29,116
- Current portion of long-term debt -€4,908
down €4,908 (-82.8%), from €5,929 to €1,021
- Trade debts +€3,676
up €3,676 (+487.6%), from €754 to €4,430
- Staff costs +€29,909
up €29,909 (+357.7%), from €8,361 to €38,270
- Depreciation -€9,399
down €9,399 (-60.9%), from €15,444 to €6,045
- Gross operating margin +€7,728
up €7,728 (+141.7%), from €5,452 to €13,180
- Financial charges -€3,459
down €3,459 (-32.5%), from €10,635 to €7,176
- Other operating charges -€3,115
down €3,115 (-88.6%), from €3,515 to €400
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,500 | €43,125 | -€5,375 | -11.1% |
| Fixed assets | 21/28 | €7,078 | €1,033 | -€6,045 | -85.4% |
| Tangible fixed assets | 22/27 | €6,808 | €763 | -€6,045 | -88.8% |
| Plant, machinery and equipment | 23 | €519 | €141 | -€378 | -72.8% |
| Furniture and vehicles | 24 | €6,289 | €622 | -€5,667 | -90.1% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €41,422 | €42,092 | +€670 | +1.6% |
| Amounts receivable within one year | 40/41 | €40,831 | €39,803 | -€1,028 | -2.5% |
| Trade receivables | 40 | €34,091 | €33,513 | -€579 | -1.7% |
| Other amounts receivable | 41 | €6,740 | €6,291 | -€449 | -6.7% |
| Deferred charges and accrued income | 490/1 | €591 | €2,288 | +€1,698 | +287.4% |
| Total equity and liabilities | 10/49 | €48,500 | €43,125 | -€5,375 | -11.1% |
| Equity | 10/15 | €12,302 | -€26,285 | -€38,586 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,343 | €6,343 | = | 0.0% |
| Distributable reserves | 133 | €6,343 | €6,343 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€241 | -€38,828 | -€38,586 | -15978.4% |
| Amounts payable | 17/49 | €36,198 | €69,409 | +€33,211 | +91.7% |
| Amounts payable after more than one year | 17 | €1,021 | - | -€1,021 | |
| Financial debts | 170/4 | €1,021 | - | -€1,021 | |
| Amounts payable within one year | 42/48 | €35,154 | €69,406 | +€34,252 | +97.4% |
| Current portion of amounts payable after more than one year | 42 | €5,929 | €1,021 | -€4,908 | -82.8% |
| Financial debts | 43 | €12,645 | €29,116 | +€16,471 | +130.3% |
| Credit institutions | 430/8 | €12,645 | €29,116 | +€16,471 | +130.3% |
| Trade debts | 44 | €754 | €4,430 | +€3,676 | +487.6% |
| Suppliers | 440/4 | €754 | €4,430 | +€3,676 | +487.6% |
| Taxes, remuneration and social security | 45 | €14,614 | €31,940 | +€17,326 | +118.6% |
| Taxes | 450/3 | €5,250 | €6,950 | +€1,700 | +32.4% |
| Remuneration and social security | 454/9 | €9,364 | €24,990 | +€15,626 | +166.9% |
| Other amounts payable | 47/48 | €1,212 | €2,899 | +€1,687 | +139.1% |
| Accrued charges and deferred income | 492/3 | €24 | €4 | -€20 | -85.3% |
| Remuneration, social security and pensions | 62 | €8,361 | €38,270 | +€29,909 | +357.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,444 | €6,045 | -€9,399 | -60.9% |
| Other operating charges | 640/8 | €3,515 | €400 | -€3,115 | -88.6% |
| Gross operating margin | 9900 | €5,452 | €13,180 | +€7,728 | +141.7% |
| Operating profit (loss) | 9901 | -€21,868 | -€31,535 | -€9,666 | -44.2% |
| Financial income | 75/76B | €25 | €257 | +€231 | +911.5% |
| Recurring financial income | 75 | €25 | €257 | +€231 | +911.5% |
| Financial charges | 65/66B | €10,635 | €7,176 | -€3,459 | -32.5% |
| Recurring financial charges | 65 | €10,635 | €7,176 | -€3,459 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,478 | -€38,454 | -€5,976 | -18.4% |
| Income taxes | 67/77 | €200 | €132 | -€68 | -34.0% |
| Profit (loss) for the period | 9904 | -€32,678 | -€38,586 | -€5,909 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,678 | -€38,586 | -€5,909 | -18.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.