ECV TECHNICS: 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.
ECV TECHNICS
Largest movements
- Receivables within one year +€41,779
up €41,779 (+131.5%), from €31,776 to €73,555
of which Trade receivables: +€38,703
- Cash -€35,005
down €35,005 (-30.0%), from €116,849 to €81,844
mainly Receivables within one year (-€41,779) and Debts after one year (-€32,517)
- Tangible fixed assets -€21,977
down €21,977 (-8.1%), from €269,861 to €247,884
of which Furniture and vehicles: -€14,939
- Debts after one year -€32,517
down €32,517 (-23.9%), from €136,146 to €103,629
- Trade debts +€26,106
up €26,106 (+27.8%), from €93,995 to €120,101
- Profit (loss) carried forward +€14,202
up €14,202 (+7.3%), from €195,106 to €209,308
- Other debts -€11,684
down €11,684 (-58.5%), from €19,964 to €8,280
- Gross operating margin +€45,952
up €45,952 (+22.3%), from €205,956 to €251,908
- Staff costs +€37,493
up €37,493 (+27.0%), from €139,083 to €176,576
- Depreciation +€3,115
up €3,115 (+6.8%), from €45,734 to €48,849
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 | €514,808 | €505,904 | -€8,903 | -1.7% |
| Fixed assets | 21/28 | €270,621 | €248,644 | -€21,977 | -8.1% |
| Tangible fixed assets | 22/27 | €269,861 | €247,884 | -€21,977 | -8.1% |
| Land and buildings | 22 | €154,426 | €161,210 | +€6,784 | +4.4% |
| Plant, machinery and equipment | 23 | €45,838 | €32,017 | -€13,821 | -30.2% |
| Furniture and vehicles | 24 | €69,597 | €54,657 | -€14,939 | -21.5% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €244,187 | €257,260 | +€13,073 | +5.4% |
| Stocks and contracts in progress | 3 | €71,619 | €75,014 | +€3,394 | +4.7% |
| Stocks | 30/36 | €71,619 | €75,014 | +€3,394 | +4.7% |
| Amounts receivable within one year | 40/41 | €31,776 | €73,555 | +€41,779 | +131.5% |
| Trade receivables | 40 | €29,652 | €68,355 | +€38,703 | +130.5% |
| Other amounts receivable | 41 | €2,123 | €5,200 | +€3,076 | +144.9% |
| Cash at bank and in hand | 54/58 | €116,849 | €81,844 | -€35,005 | -30.0% |
| Deferred charges and accrued income | 490/1 | €23,943 | €26,848 | +€2,905 | +12.1% |
| Total equity and liabilities | 10/49 | €514,808 | €505,904 | -€8,903 | -1.7% |
| Equity | 10/15 | €215,216 | €229,418 | +€14,202 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,510 | €1,510 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,510 | €1,510 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,510 | €1,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,106 | €209,308 | +€14,202 | +7.3% |
| Amounts payable | 17/49 | €299,592 | €276,486 | -€23,106 | -7.7% |
| Amounts payable after more than one year | 17 | €136,146 | €103,629 | -€32,517 | -23.9% |
| Financial debts | 170/4 | €136,146 | €103,629 | -€32,517 | -23.9% |
| Amounts payable within one year | 42/48 | €162,196 | €172,857 | +€10,661 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €35,348 | €32,517 | -€2,832 | -8.0% |
| Trade debts | 44 | €93,995 | €120,101 | +€26,106 | +27.8% |
| Suppliers | 440/4 | €93,995 | €120,101 | +€26,106 | +27.8% |
| Taxes, remuneration and social security | 45 | €12,888 | €11,959 | -€929 | -7.2% |
| Taxes | 450/3 | €309 | €3,728 | +€3,420 | +1107.3% |
| Remuneration and social security | 454/9 | €12,580 | €8,231 | -€4,349 | -34.6% |
| Other amounts payable | 47/48 | €19,964 | €8,280 | -€11,684 | -58.5% |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Non-recurring operating income | 76A | - | €2,890 | +€2,890 | |
| Remuneration, social security and pensions | 62 | €139,083 | €176,576 | +€37,493 | +27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,734 | €48,849 | +€3,115 | +6.8% |
| Other operating charges | 640/8 | €1,549 | €3,032 | +€1,482 | +95.7% |
| Gross operating margin | 9900 | €205,956 | €251,908 | +€45,952 | +22.3% |
| Operating profit (loss) | 9901 | €19,589 | €23,451 | +€3,862 | +19.7% |
| Financial income | 75/76B | €290 | €199 | -€92 | -31.6% |
| Recurring financial income | 75 | €290 | €199 | -€92 | -31.6% |
| Financial charges | 65/66B | €5,957 | €4,900 | -€1,057 | -17.7% |
| Recurring financial charges | 65 | €5,957 | €4,900 | -€1,057 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €13,923 | €18,750 | +€4,827 | +34.7% |
| Income taxes | 67/77 | €3,019 | €4,548 | +€1,529 | +50.6% |
| Profit (loss) for the period | 9904 | €10,904 | €14,202 | +€3,298 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,904 | €14,202 | +€3,298 | +30.2% |
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 11 October 2026 via checked.be.