GROUP ECOMA: 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.
GROUP ECOMA
Largest movements
- Receivables within one year +€50,043
up €50,043 (+17,044%), from €294 to €50,337
of which Trade receivables: +€49,869
- Cash -€9,480
down €9,480 (-31.9%), from €29,741 to €20,261
mainly Receivables within one year (-€50,043)
- Tangible fixed assets -€1,554
down €1,554 (-38.1%), from €4,080 to €2,526
- Trade debts +€31,514
up €31,514 (+149%), from €21,173 to €52,687
- Profit (loss) carried forward +€7,469
up €7,469 (+94.4%), from -€7,915 to -€446
- Gross operating margin -€6,965
down €6,965 (-39.9%), from €17,435 to €10,470
- Depreciation +€971
up €971 (+167%), from €583 to €1,554
- Other operating charges +€246
up €246 (+25.1%), from €980 to €1,226
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 | €34,276 | €73,292 | +€39,016 | +114% |
| Fixed assets | 21/28 | €4,080 | €2,526 | -€1,554 | -38.1% |
| Tangible fixed assets | 22/27 | €4,080 | €2,526 | -€1,554 | -38.1% |
| Furniture and vehicles | 24 | €4,080 | €2,526 | -€1,554 | -38.1% |
| Current assets | 29/58 | €30,196 | €70,766 | +€40,570 | +134% |
| Amounts receivable within one year | 40/41 | €294 | €50,337 | +€50,043 | +17,044% |
| Trade receivables | 40 | - | €49,869 | +€49,869 | |
| Other amounts receivable | 41 | €294 | €468 | +€174 | +59.4% |
| Cash at bank and in hand | 54/58 | €29,741 | €20,261 | -€9,480 | -31.9% |
| Deferred charges and accrued income | 490/1 | €162 | €168 | +€7 | +4.0% |
| Total equity and liabilities | 10/49 | €34,276 | €73,292 | +€39,016 | +114% |
| Equity | 10/15 | €12,545 | €20,014 | +€7,469 | +59.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,915 | -€446 | +€7,469 | +94.4% |
| Amounts payable | 17/49 | €21,731 | €53,278 | +€31,547 | +145% |
| Amounts payable within one year | 42/48 | €21,731 | €53,278 | +€31,547 | +145% |
| Trade debts | 44 | €21,173 | €52,687 | +€31,514 | +149% |
| Suppliers | 440/4 | €21,173 | €52,687 | +€31,514 | +149% |
| Other amounts payable | 47/48 | €558 | €591 | +€33 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €583 | €1,554 | +€971 | +167% |
| Other operating charges | 640/8 | €980 | €1,226 | +€246 | +25.1% |
| Non-recurring operating charges | 66A | €100 | €111 | +€11 | +11.4% |
| Gross operating margin | 9900 | €17,435 | €10,470 | -€6,965 | -39.9% |
| Operating profit (loss) | 9901 | €15,772 | €7,579 | -€8,193 | -51.9% |
| Financial charges | 65/66B | €74 | €111 | +€37 | +50.7% |
| Recurring financial charges | 65 | €74 | €111 | +€37 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €15,699 | €7,469 | -€8,230 | -52.4% |
| Profit (loss) for the period | 9904 | €15,699 | €7,469 | -€8,230 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,699 | €7,469 | -€8,230 | -52.4% |
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 27 October 2026 via checked.be.