Ecupower: 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.
Ecupower
Largest movements
- Financial fixed assets -€35,914
down €35,914 (-15.3%), from €233,979 to €198,065
- Cash -€9,338
down €9,338 (-86.6%), from €10,784 to €1,446
mainly Contributions, distributions and other (-€92,000) and Receivables within one year (-€710)
- Reserves -€28,798
down €28,798 (-14.7%), from €195,735 to €166,937
- Contributions -€19,844
down €19,844 (-36.9%), from €53,825 to €33,980
- Trade debts +€4,171
new in 2025: €4,171
- Financial income -€11,613
down €11,613 (-18.7%), from €62,132 to €50,519
- Gross operating margin -€365
down €365 (-6.9%), from -€5,290 to -€5,655
- Taxes -€236
down €236 (-14.8%), from €1,592 to €1,356
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
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 | €250,692 | €205,574 | -€45,118 | -18.0% |
| Fixed assets | 21/28 | €233,979 | €198,065 | -€35,914 | -15.3% |
| Financial fixed assets | 28 | €233,979 | €198,065 | -€35,914 | -15.3% |
| Current assets | 29/58 | €16,712 | €7,508 | -€9,204 | -55.1% |
| Amounts receivable within one year | 40/41 | €1,434 | €2,144 | +€710 | +49.5% |
| Trade receivables | 40 | €526 | - | -€526 | |
| Other amounts receivable | 41 | €908 | €2,144 | +€1,236 | +136.1% |
| Cash at bank and in hand | 54/58 | €10,784 | €1,446 | -€9,338 | -86.6% |
| Deferred charges and accrued income | 490/1 | €4,495 | €3,919 | -€576 | -12.8% |
| Total equity and liabilities | 10/49 | €250,692 | €205,574 | -€45,118 | -18.0% |
| Equity | 10/15 | €249,559 | €200,917 | -€48,642 | -19.5% |
| Contributions | 10/11 | €53,825 | €33,980 | -€19,844 | -36.9% |
| Reserves | 13 | €195,735 | €166,937 | -€28,798 | -14.7% |
| Distributable reserves | 133 | €195,735 | €166,937 | -€28,798 | -14.7% |
| Amounts payable | 17/49 | €1,132 | €4,657 | +€3,524 | +311.2% |
| Amounts payable within one year | 42/48 | €1,132 | €4,657 | +€3,524 | +311.2% |
| Trade debts | 44 | - | €4,171 | +€4,171 | |
| Suppliers | 440/4 | - | €4,171 | +€4,171 | |
| Other amounts payable | 47/48 | €1,132 | €486 | -€647 | -57.1% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€5,290 | -€5,655 | -€365 | -6.9% |
| Operating profit (loss) | 9901 | -€5,408 | -€5,775 | -€367 | -6.8% |
| Financial income | 75/76B | €62,132 | €50,519 | -€11,613 | -18.7% |
| Recurring financial income | 75 | €62,132 | €50,519 | -€11,613 | -18.7% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €56,695 | €44,714 | -€11,981 | -21.1% |
| Income taxes | 67/77 | €1,592 | €1,356 | -€236 | -14.8% |
| Profit (loss) for the period | 9904 | €55,103 | €43,358 | -€11,745 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,103 | €43,358 | -€11,745 | -21.3% |
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 9 October 2026 via checked.be.