EKOTERMIKA: 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.
EKOTERMIKA
Largest movements
- Receivables within one year -€46,118
down €46,118 (-20.8%), from €221,676 to €175,559
of which Trade receivables: -€28,274
- Stocks and contracts -€8,659
down €8,659 (-56.4%), from €15,365 to €6,706
- Tangible fixed assets +€4,078
up €4,078 (+84.1%), from €4,851 to €8,929
of which Furniture and vehicles: +€3,800
- Cash -€3,401
down €3,401 (-29.7%), from €11,466 to €8,065
mainly Trade debts (-€58,229) and Other debts (-€9,285)
- Trade debts -€58,229
down €58,229 (-70.5%), from €82,562 to €24,333
- Reserves +€19,000
up €19,000 (+48.3%), from €39,360 to €58,360
of which Distributable reserves: +€19,000
- Other debts -€9,285
down €9,285 (-14.2%), from €65,186 to €55,901
- Profit (loss) carried forward +€8,895
up €8,895 (+28.0%), from €31,733 to €40,628
- Accrued charges and deferred income -€8,114
no longer reported in 2025 (was €8,114)
- Gross operating margin +€11,422
up €11,422 (+24.1%), from €47,382 to €58,804
- Other operating charges +€9,060
up €9,060 (+1,620%), from €559 to €9,620
- Taxes +€1,970
up €1,970 (+2,008%), from €98 to €2,068
- Depreciation -€675
down €675 (-32.2%), from €2,100 to €1,425
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.
Derived cash bridge
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 | €254,162 | €199,890 | -€54,272 | -21.4% |
| Fixed assets | 21/28 | €5,451 | €9,529 | +€4,078 | +74.8% |
| Tangible fixed assets | 22/27 | €4,851 | €8,929 | +€4,078 | +84.1% |
| Plant, machinery and equipment | 23 | €1,081 | €1,358 | +€278 | +25.7% |
| Furniture and vehicles | 24 | €3,770 | €7,571 | +€3,800 | +101% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €248,711 | €190,361 | -€58,350 | -23.5% |
| Stocks and contracts in progress | 3 | €15,365 | €6,706 | -€8,659 | -56.4% |
| Stocks | 30/36 | €15,365 | €6,706 | -€8,659 | -56.4% |
| Amounts receivable within one year | 40/41 | €221,676 | €175,559 | -€46,118 | -20.8% |
| Trade receivables | 40 | €194,510 | €166,235 | -€28,274 | -14.5% |
| Other amounts receivable | 41 | €27,167 | €9,323 | -€17,843 | -65.7% |
| Cash at bank and in hand | 54/58 | €11,466 | €8,065 | -€3,401 | -29.7% |
| Deferred charges and accrued income | 490/1 | €204 | €31 | -€173 | -84.6% |
| Total equity and liabilities | 10/49 | €254,162 | €199,890 | -€54,272 | -21.4% |
| Equity | 10/15 | €89,693 | €117,588 | +€27,895 | +31.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,360 | €58,360 | +€19,000 | +48.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | - | €19,000 | +€19,000 | |
| Profit (loss) carried forward | 14 | €31,733 | €40,628 | +€8,895 | +28.0% |
| Amounts payable | 17/49 | €164,469 | €82,302 | -€82,167 | -50.0% |
| Amounts payable within one year | 42/48 | €156,354 | €82,302 | -€74,052 | -47.4% |
| Trade debts | 44 | €82,562 | €24,333 | -€58,229 | -70.5% |
| Suppliers | 440/4 | €82,562 | €24,333 | -€58,229 | -70.5% |
| Taxes, remuneration and social security | 45 | €8,606 | €2,068 | -€6,538 | -76.0% |
| Taxes | 450/3 | €8,606 | €2,068 | -€6,538 | -76.0% |
| Other amounts payable | 47/48 | €65,186 | €55,901 | -€9,285 | -14.2% |
| Accrued charges and deferred income | 492/3 | €8,114 | - | -€8,114 | |
| Non-recurring operating income | 76A | - | €58 | +€58 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,100 | €1,425 | -€675 | -32.2% |
| Other operating charges | 640/8 | €559 | €9,620 | +€9,060 | +1,620% |
| Non-recurring operating charges | 66A | €7,500 | €18,000 | +€10,500 | +140% |
| Gross operating margin | 9900 | €47,382 | €58,804 | +€11,422 | +24.1% |
| Operating profit (loss) | 9901 | €37,223 | €29,760 | -€7,463 | -20.0% |
| Financial income | 75/76B | €3 | €301 | +€298 | +9,602% |
| Recurring financial income | 75 | €3 | €301 | +€298 | +9,602% |
| Financial charges | 65/66B | €184 | €98 | -€86 | -46.8% |
| Recurring financial charges | 65 | €184 | €98 | -€86 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €37,042 | €29,963 | -€7,079 | -19.1% |
| Income taxes | 67/77 | €98 | €2,068 | +€1,970 | +2,008% |
| Profit (loss) for the period | 9904 | €36,944 | €27,895 | -€9,049 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,944 | €27,895 | -€9,049 | -24.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.