Ecura: 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.
Ecura
Largest movements
- Tangible fixed assets +€407,338
up €407,338 (+18292.0%), from €2,227 to €409,565
of which Land and buildings: +€408,727
- Receivables within one year -€97,150
down €97,150 (-68.9%), from €141,069 to €43,919
of which Other amounts receivable: -€94,588
- Cash -€22,744
down €22,744 (-96.5%), from €23,580 to €836
mainly Investment in fixed assets (net) (-€414,400) and Tax, wage and social debts (-€7,853)
- Debts after one year +€144,746
new in 2025: €144,746
- Other debts +€131,981
new in 2025: €131,981
- Current portion of long-term debt +€14,393
new in 2025: €14,393
- Profit (loss) carried forward +€9,071
up €9,071 (+7.7%), from €118,165 to €127,236
- Tax, wage and social debts -€7,853
down €7,853 (-60.2%), from €13,055 to €5,201
- Financial charges +€12,209
up €12,209 (+16004.9%), from €76 to €12,285
- Gross operating margin +€8,607
up €8,607 (+36.9%), from €23,320 to €31,927
- Financial income -€6,087
down €6,087 (-100.0%), from €6,088 to €0
- Depreciation +€5,616
up €5,616 (+388.6%), from €1,445 to €7,062
- Taxes -€3,518
down €3,518 (-50.9%), from €6,912 to €3,395
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 | €166,876 | €454,320 | +€287,444 | +172.3% |
| Fixed assets | 21/28 | €2,227 | €409,565 | +€407,338 | +18292.0% |
| Tangible fixed assets | 22/27 | €2,227 | €409,565 | +€407,338 | +18292.0% |
| Land and buildings | 22 | - | €408,727 | +€408,727 | |
| Plant, machinery and equipment | 23 | €2,227 | €838 | -€1,388 | -62.3% |
| Current assets | 29/58 | €164,649 | €44,755 | -€119,894 | -72.8% |
| Amounts receivable within one year | 40/41 | €141,069 | €43,919 | -€97,150 | -68.9% |
| Trade receivables | 40 | €46,481 | €43,919 | -€2,562 | -5.5% |
| Other amounts receivable | 41 | €94,588 | - | -€94,588 | |
| Cash at bank and in hand | 54/58 | €23,580 | €836 | -€22,744 | -96.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | -€0 | |
| Total equity and liabilities | 10/49 | €166,876 | €454,320 | +€287,444 | +172.3% |
| Equity | 10/15 | €123,165 | €132,236 | +€9,071 | +7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,165 | €127,236 | +€9,071 | +7.7% |
| Amounts payable | 17/49 | €43,711 | €322,084 | +€278,373 | +636.9% |
| Amounts payable after more than one year | 17 | - | €144,746 | +€144,746 | |
| Financial debts | 170/4 | - | €144,746 | +€144,746 | |
| Amounts payable within one year | 42/48 | €43,711 | €177,337 | +€133,627 | +305.7% |
| Current portion of amounts payable after more than one year | 42 | - | €14,393 | +€14,393 | |
| Trade debts | 44 | €30,656 | €25,763 | -€4,893 | -16.0% |
| Suppliers | 440/4 | €30,656 | €25,763 | -€4,893 | -16.0% |
| Taxes, remuneration and social security | 45 | €13,055 | €5,201 | -€7,853 | -60.2% |
| Taxes | 450/3 | €13,055 | €5,201 | -€7,853 | -60.2% |
| Other amounts payable | 47/48 | - | €131,981 | +€131,981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,445 | €7,062 | +€5,616 | +388.6% |
| Other operating charges | 640/8 | €62 | €115 | +€53 | +85.5% |
| Gross operating margin | 9900 | €23,320 | €31,927 | +€8,607 | +36.9% |
| Operating profit (loss) | 9901 | €21,812 | €24,750 | +€2,937 | +13.5% |
| Financial income | 75/76B | €6,088 | €0 | -€6,087 | -100.0% |
| Recurring financial income | 75 | €6,088 | €0 | -€6,087 | -100.0% |
| Financial charges | 65/66B | €76 | €12,285 | +€12,209 | +16004.9% |
| Recurring financial charges | 65 | €76 | €12,285 | +€12,209 | +16004.9% |
| Profit (loss) for the period before taxes | 9903 | €27,824 | €12,466 | -€15,359 | -55.2% |
| Income taxes | 67/77 | €6,912 | €3,395 | -€3,518 | -50.9% |
| Profit (loss) for the period | 9904 | €20,912 | €9,071 | -€11,841 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,912 | €9,071 | -€11,841 | -56.6% |
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 10 October 2026 via checked.be.