L'ECUREUIL: 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'ECUREUIL
Largest movements
- Tangible fixed assets -€20,008
down €20,008 (-5.4%), from €369,209 to €349,201
- Cash +€15,120
up €15,120 (+40.3%), from €37,536 to €52,656
mainly Depreciation (+€20,008) and Net result for the year (+€18,963)
- Debts after one year -€24,546
down €24,546 (-13.6%), from €179,996 to €155,449
- Reserves +€18,963
up €18,963 (+25.7%), from €73,908 to €92,871
of which Distributable reserves: +€20,823
No income-statement line moved by more than 1% of the activity.
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 | €407,991 | €403,015 | -€4,976 | -1.2% |
| Fixed assets | 21/28 | €369,209 | €349,201 | -€20,008 | -5.4% |
| Tangible fixed assets | 22/27 | €369,209 | €349,201 | -€20,008 | -5.4% |
| Land and buildings | 22 | €369,209 | €349,201 | -€20,008 | -5.4% |
| Current assets | 29/58 | €38,782 | €53,814 | +€15,032 | +38.8% |
| Amounts receivable within one year | 40/41 | €655 | €547 | -€109 | -16.6% |
| Other amounts receivable | 41 | €655 | €547 | -€109 | -16.6% |
| Cash at bank and in hand | 54/58 | €37,536 | €52,656 | +€15,120 | +40.3% |
| Deferred charges and accrued income | 490/1 | €590 | €611 | +€20 | +3.5% |
| Total equity and liabilities | 10/49 | €407,991 | €403,015 | -€4,976 | -1.2% |
| Equity | 10/15 | €108,157 | €127,120 | +€18,963 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,908 | €92,871 | +€18,963 | +25.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €72,048 | €92,871 | +€20,823 | +28.9% |
| Profit (loss) carried forward | 14 | €15,650 | €15,650 | = | 0.0% |
| Amounts payable | 17/49 | €299,833 | €275,895 | -€23,939 | -8.0% |
| Amounts payable after more than one year | 17 | €179,996 | €155,449 | -€24,546 | -13.6% |
| Financial debts | 170/4 | €179,996 | €155,449 | -€24,546 | -13.6% |
| Amounts payable within one year | 42/48 | €116,388 | €116,995 | +€607 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €23,968 | €24,546 | +€578 | +2.4% |
| Trade debts | 44 | €7,260 | €7,260 | = | 0.0% |
| Suppliers | 440/4 | €7,260 | €7,260 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,867 | €1,896 | +€30 | +1.6% |
| Taxes | 450/3 | €1,867 | €1,896 | +€30 | +1.6% |
| Other amounts payable | 47/48 | €83,293 | €83,293 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,450 | €3,450 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,008 | €20,008 | = | 0.0% |
| Other operating charges | 640/8 | €2,391 | €2,475 | +€84 | +3.5% |
| Gross operating margin | 9900 | €55,124 | €55,108 | -€16 | 0.0% |
| Operating profit (loss) | 9901 | €32,726 | €32,625 | -€100 | -0.3% |
| Financial charges | 65/66B | €5,347 | €4,813 | -€534 | -10.0% |
| Recurring financial charges | 65 | €5,347 | €4,813 | -€534 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €27,378 | €27,812 | +€434 | +1.6% |
| Income taxes | 67/77 | €8,711 | €8,849 | +€138 | +1.6% |
| Profit (loss) for the period | 9904 | €18,667 | €18,963 | +€296 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,667 | €18,963 | +€296 | +1.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.