L’ECLOSION: 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.
L’ECLOSION
Largest movements
- Cash +€30,486
up €30,486 (+71.5%), from €42,658 to €73,143
mainly Net result for the year (+€26,275) and Depreciation (+€11,885)
- Tangible fixed assets -€11,885
down €11,885 (-18.5%), from €64,170 to €52,285
of which Furniture and vehicles: -€8,435
- Profit (loss) carried forward +€26,275
up €26,275 (+49.3%), from €53,245 to €79,520
- Debts after one year -€8,422
down €8,422 (-32.0%), from €26,292 to €17,870
- Tax, wage and social debts +€2,090
up €2,090 (+9.5%), from €22,035 to €24,125
- Trade debts -€1,440
down €1,440 (-96.8%), from €1,487 to €48
- Gross operating margin +€2,066
up €2,066 (+4.0%), from €51,420 to €53,486
- Taxes +€612
up €612 (+5.2%), from €11,694 to €12,306
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 | €111,255 | €130,084 | +€18,829 | +16.9% |
| Fixed assets | 21/28 | €64,170 | €52,285 | -€11,885 | -18.5% |
| Tangible fixed assets | 22/27 | €64,170 | €52,285 | -€11,885 | -18.5% |
| Plant, machinery and equipment | 23 | €30,662 | €27,212 | -€3,450 | -11.3% |
| Furniture and vehicles | 24 | €33,507 | €25,073 | -€8,435 | -25.2% |
| Current assets | 29/58 | €47,085 | €77,799 | +€30,713 | +65.2% |
| Amounts receivable within one year | 40/41 | €901 | €1,897 | +€996 | +111% |
| Trade receivables | 40 | - | €140 | +€140 | |
| Other amounts receivable | 41 | €901 | €1,757 | +€856 | +95.0% |
| Cash at bank and in hand | 54/58 | €42,658 | €73,143 | +€30,486 | +71.5% |
| Deferred charges and accrued income | 490/1 | €3,527 | €2,758 | -€769 | -21.8% |
| Total equity and liabilities | 10/49 | €111,255 | €130,084 | +€18,829 | +16.9% |
| Equity | 10/15 | €53,345 | €79,620 | +€26,275 | +49.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,245 | €79,520 | +€26,275 | +49.3% |
| Amounts payable | 17/49 | €57,911 | €50,464 | -€7,446 | -12.9% |
| Amounts payable after more than one year | 17 | €26,292 | €17,870 | -€8,422 | -32.0% |
| Financial debts | 170/4 | €26,292 | €17,870 | -€8,422 | -32.0% |
| Amounts payable within one year | 42/48 | €31,619 | €32,594 | +€975 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €8,097 | €8,422 | +€325 | +4.0% |
| Trade debts | 44 | €1,487 | €48 | -€1,440 | -96.8% |
| Suppliers | 440/4 | €1,487 | €48 | -€1,440 | -96.8% |
| Taxes, remuneration and social security | 45 | €22,035 | €24,125 | +€2,090 | +9.5% |
| Taxes | 450/3 | €22,035 | €24,125 | +€2,090 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,885 | €11,885 | = | 0.0% |
| Other operating charges | 640/8 | €1,813 | €1,760 | -€52 | -2.9% |
| Gross operating margin | 9900 | €51,420 | €53,486 | +€2,066 | +4.0% |
| Operating profit (loss) | 9901 | €37,723 | €39,841 | +€2,118 | +5.6% |
| Financial income | 75/76B | €50 | €72 | +€22 | +44.5% |
| Recurring financial income | 75 | €50 | €72 | +€22 | +44.5% |
| Financial charges | 65/66B | €1,533 | €1,332 | -€201 | -13.1% |
| Recurring financial charges | 65 | €1,533 | €1,332 | -€201 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €36,239 | €38,581 | +€2,342 | +6.5% |
| Income taxes | 67/77 | €11,694 | €12,306 | +€612 | +5.2% |
| Profit (loss) for the period | 9904 | €24,545 | €26,275 | +€1,730 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,545 | €26,275 | +€1,730 | +7.0% |
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 13 October 2026 via checked.be.