EWICO: what changed
Two fiscal 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.
EWICO
Largest movements
- Receivables within one year -€13,224
down €13,224 (-65.5%), from €20,179 to €6,955
of which Trade receivables: -€14,891
- Cash -€5,070
down €5,070 (-19.1%), from €26,593 to €21,523
mainly Trade debts (-€15,321) and Tax, wage and social debts (-€3,577)
- Trade debts -€15,321
down €15,321 (-83.5%), from €18,357 to €3,037
- Tax, wage and social debts -€3,577
down €3,577 (-93.1%), from €3,843 to €266
- Reserves +€604
up €604 (+3.3%), from €18,135 to €18,739
of which Distributable reserves: +€604
- Gross operating margin -€3,327
down €3,327 (-63.8%), from €5,214 to €1,887
- Taxes -€1,102
down €1,102 (-80.6%), from €1,368 to €266
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 | €46,772 | €28,478 | -€18,294 | -39.1% |
| Current assets | 29/58 | €46,772 | €28,478 | -€18,294 | -39.1% |
| Amounts receivable within one year | 40/41 | €20,179 | €6,955 | -€13,224 | -65.5% |
| Trade receivables | 40 | €14,891 | - | -€14,891 | |
| Other amounts receivable | 41 | €5,289 | €6,955 | +€1,667 | +31.5% |
| Cash at bank and in hand | 54/58 | €26,593 | €21,523 | -€5,070 | -19.1% |
| Total equity and liabilities | 10/49 | €46,772 | €28,478 | -€18,294 | -39.1% |
| Equity | 10/15 | €24,335 | €24,939 | +€604 | +2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,135 | €18,739 | +€604 | +3.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,275 | €16,879 | +€604 | +3.7% |
| Amounts payable | 17/49 | €22,437 | €3,539 | -€18,898 | -84.2% |
| Amounts payable within one year | 42/48 | €22,437 | €3,539 | -€18,898 | -84.2% |
| Trade debts | 44 | €18,357 | €3,037 | -€15,321 | -83.5% |
| Suppliers | 440/4 | €18,357 | €3,037 | -€15,321 | -83.5% |
| Taxes, remuneration and social security | 45 | €3,843 | €266 | -€3,577 | -93.1% |
| Taxes | 450/3 | €3,843 | €266 | -€3,577 | -93.1% |
| Other amounts payable | 47/48 | €237 | €237 | = | 0.0% |
| Other operating charges | 640/8 | €511 | €550 | +€38 | +7.5% |
| Gross operating margin | 9900 | €5,214 | €1,887 | -€3,327 | -63.8% |
| Operating profit (loss) | 9901 | €4,703 | €1,338 | -€3,365 | -71.6% |
| Financial charges | 65/66B | €446 | €468 | +€22 | +5.0% |
| Recurring financial charges | 65 | €446 | €468 | +€22 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €4,257 | €870 | -€3,387 | -79.6% |
| Income taxes | 67/77 | €1,368 | €266 | -€1,102 | -80.6% |
| Profit (loss) for the period | 9904 | €2,889 | €604 | -€2,285 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,889 | €604 | -€2,285 | -79.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.