EKKOFIN: what changed
What changed
EKKOFIN
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€229,867
2024 · €172,921+€56,946
Equity
€10.7m
2024 · €10.4m+€229,867
Cash
€639,179
2024 · €161,732+€477,447
Balance sheet total
€11.0m
2024 · €10.5m+€531,461
Largest movements
Assets
- Cash +€477,447
up €477,447 (+295%), from €161,732 to €639,179
mainly Debts after one year (+€300,000) and Net result for the year (+€229,867)
Equity and liabilities
- Debts after one year +€300,000
new in 2025: €300,000
- Reserves +€230,000
up €230,000 (+27.8%), from €828,000 to €1.1m
of which Distributable reserves: +€218,500
Income statement
- Gross operating margin +€92,847
up €92,847 (+40.5%), from €229,300 to €322,147
- Taxes +€19,175
up €19,175 (+32.5%), from €58,963 to €78,139
- Other operating charges +€9,988
up €9,988 (+874%), from €1,143 to €11,131
- Depreciation +€5,726
new in 2025: €5,726
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€172,921
Gross operating margin
+€92,847
Depreciation
-€5,726
Other operating charges
-€9,988
Financial income
-€1,036
Financial charges
+€25
Taxes
-€19,175
Result 2025
€229,867
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€181,331
Investment
-€3,884
Financing
+€300,000
Cash 2024
€161,732
From operations (derived)
+€181,331
Net result for the year
+€229,867
Depreciation
+€5,726
Receivables after one year
-€10,864
Receivables within one year
-€42,438
Deferred charges and accrued income
-€2,554
Trade debts
+€1,030
Smaller working-capital items
+€564
Investment (derived)
-€3,884
Investment in fixed assets (net)
-€3,884
Financing
+€300,000
Debts after one year
+€300,000
Cash 2025
€639,179
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,467,155 | €10,998,616 | +€531,461 | +5.1% |
| Fixed assets | 21/28 | €10,242,334 | €10,240,492 | -€1,842 | 0.0% |
| Tangible fixed assets | 22/27 | - | €71,900 | +€71,900 | |
| Plant, machinery and equipment | 23 | - | €2,294 | +€2,294 | |
| Furniture and vehicles | 24 | - | €69,606 | +€69,606 | |
| Financial fixed assets | 28 | €10,242,334 | €10,168,592 | -€73,742 | -0.7% |
| Current assets | 29/58 | €224,821 | €758,124 | +€533,303 | +237% |
| Amounts receivable after more than one year | 29 | €4,366 | €15,230 | +€10,864 | +249% |
| Other amounts receivable | 291 | €4,366 | €15,230 | +€10,864 | +249% |
| Amounts receivable within one year | 40/41 | €55,069 | €97,507 | +€42,438 | +77.1% |
| Trade receivables | 40 | €45,686 | €88,812 | +€43,126 | +94.4% |
| Other amounts receivable | 41 | €9,383 | €8,695 | -€688 | -7.3% |
| Cash at bank and in hand | 54/58 | €161,732 | €639,179 | +€477,447 | +295% |
| Deferred charges and accrued income | 490/1 | €3,654 | €6,208 | +€2,554 | +69.9% |
| Total equity and liabilities | 10/49 | €10,467,155 | €10,998,616 | +€531,461 | +5.1% |
| Equity | 10/15 | €10,430,506 | €10,660,374 | +€229,867 | +2.2% |
| Contributions | 10/11 | €9,602,021 | €9,602,021 | = | 0.0% |
| Capital | 10 | €9,085,406 | €9,085,406 | = | 0.0% |
| Issued capital | 100 | €9,085,406 | €9,085,406 | = | 0.0% |
| Contributions outside capital | 11 | €516,615 | €516,615 | = | 0.0% |
| Share premium | 1100/10 | €516,615 | €516,615 | = | 0.0% |
| Reserves | 13 | €828,000 | €1,058,000 | +€230,000 | +27.8% |
| Non-distributable reserves | 130/1 | €33,000 | €44,500 | +€11,500 | +34.8% |
| Legal reserve | 130 | €33,000 | €44,500 | +€11,500 | +34.8% |
| Distributable reserves | 133 | €795,000 | €1,013,500 | +€218,500 | +27.5% |
| Profit (loss) carried forward | 14 | €485 | €352 | -€133 | -27.4% |
| Amounts payable | 17/49 | €36,649 | €338,242 | +€301,594 | +823% |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Financial debts | 170/4 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | €36,649 | €38,242 | +€1,594 | +4.3% |
| Trade debts | 44 | €2,204 | €3,233 | +€1,030 | +46.7% |
| Suppliers | 440/4 | €2,204 | €3,233 | +€1,030 | +46.7% |
| Taxes, remuneration and social security | 45 | €31,140 | €31,721 | +€582 | +1.9% |
| Taxes | 450/3 | €31,140 | €31,721 | +€582 | +1.9% |
| Other amounts payable | 47/48 | €3,305 | €3,288 | -€17 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,726 | +€5,726 | |
| Other operating charges | 640/8 | €1,143 | €11,131 | +€9,988 | +874% |
| Gross operating margin | 9900 | €229,300 | €322,147 | +€92,847 | +40.5% |
| Operating profit (loss) | 9901 | €228,157 | €305,290 | +€77,133 | +33.8% |
| Financial income | 75/76B | €3,980 | €2,944 | -€1,036 | -26.0% |
| Recurring financial income | 75 | €3,980 | €2,944 | -€1,036 | -26.0% |
| Financial charges | 65/66B | €253 | €228 | -€25 | -9.8% |
| Recurring financial charges | 65 | €253 | €228 | -€25 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €231,884 | €308,006 | +€76,122 | +32.8% |
| Income taxes | 67/77 | €58,963 | €78,139 | +€19,175 | +32.5% |
| Profit (loss) for the period | 9904 | €172,921 | €229,867 | +€56,946 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €172,921 | €229,867 | +€56,946 | +32.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.