Ecy Projets: 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.
Ecy Projets
Largest movements
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Cash +€53,854
up €53,854 (+7.5%), from €718,212 to €772,066
mainly Current investments (+€200,000) and Depreciation (+€853)
- Receivables within one year +€15,200
up €15,200 (+13.2%), from €115,112 to €130,312
of which Other amounts receivable: +€54,017
- Other debts -€103,151
down €103,151 (-34.4%), from €299,745 to €196,593
- Financial income -€51,818
down €51,818 (-83.0%), from €62,424 to €10,606
- Gross operating margin -€15,087
down €15,087 (-485.3%), from -€3,109 to -€18,196
- Taxes -€1,524
down €1,524, from €1,344 to -€180
- Other operating charges +€904
up €904 (+212.5%), from €426 to €1,329
- Depreciation +€853
new in 2025: €853
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 | €1,138,899 | €1,020,201 | -€118,699 | -10.4% |
| Fixed assets | 21/28 | €105,576 | €117,823 | +€12,247 | +11.6% |
| Intangible fixed assets | 21 | - | €9,427 | +€9,427 | |
| Financial fixed assets | 28 | €105,576 | €108,396 | +€2,820 | +2.7% |
| Current assets | 29/58 | €1,033,323 | €902,377 | -€130,946 | -12.7% |
| Amounts receivable within one year | 40/41 | €115,112 | €130,312 | +€15,200 | +13.2% |
| Trade receivables | 40 | €50,227 | €11,410 | -€38,817 | -77.3% |
| Other amounts receivable | 41 | €64,885 | €118,902 | +€54,017 | +83.2% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €718,212 | €772,066 | +€53,854 | +7.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,138,899 | €1,020,201 | -€118,699 | -10.4% |
| Equity | 10/15 | €832,592 | €821,804 | -€10,789 | -1.3% |
| Contributions | 10/11 | €277,185 | €277,185 | = | 0.0% |
| Capital | 10 | €277,185 | €277,185 | = | 0.0% |
| Issued capital | 100 | €277,185 | €277,185 | = | 0.0% |
| Reserves | 13 | €27,719 | €27,719 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,719 | €27,719 | = | 0.0% |
| Legal reserve | 130 | €27,719 | €27,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €527,689 | €516,900 | -€10,789 | -2.0% |
| Amounts payable | 17/49 | €306,307 | €198,397 | -€107,910 | -35.2% |
| Amounts payable within one year | 42/48 | €305,714 | €197,804 | -€107,910 | -35.3% |
| Trade debts | 44 | €733 | €1,211 | +€478 | +65.3% |
| Suppliers | 440/4 | €733 | €1,211 | +€478 | +65.3% |
| Taxes, remuneration and social security | 45 | €5,237 | €0 | -€5,237 | -100.0% |
| Taxes | 450/3 | €5,237 | €0 | -€5,237 | -100.0% |
| Other amounts payable | 47/48 | €299,745 | €196,593 | -€103,151 | -34.4% |
| Accrued charges and deferred income | 492/3 | €593 | €593 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €853 | +€853 | |
| Other operating charges | 640/8 | €426 | €1,329 | +€904 | +212.5% |
| Gross operating margin | 9900 | -€3,109 | -€18,196 | -€15,087 | -485.3% |
| Operating profit (loss) | 9901 | -€3,535 | -€20,379 | -€16,844 | -476.6% |
| Financial income | 75/76B | €62,424 | €10,606 | -€51,818 | -83.0% |
| Recurring financial income | 75 | €62,424 | €10,606 | -€51,818 | -83.0% |
| Financial charges | 65/66B | €681 | €1,196 | +€514 | +75.5% |
| Recurring financial charges | 65 | €681 | €1,196 | +€514 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €58,209 | -€10,968 | -€69,177 | |
| Income taxes | 67/77 | €1,344 | -€180 | -€1,524 | |
| Profit (loss) for the period | 9904 | €56,864 | -€10,789 | -€67,653 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,864 | -€10,789 | -€67,653 |
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.