ECOS+: 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.
ECOS+
Largest movements
- Stocks and contracts +€16,900
up €16,900 (+12.9%), from €130,620 to €147,520
- Tangible fixed assets +€10,097
up €10,097 (+241%), from €4,186 to €14,283
of which Land and buildings: +€5,887
- Receivables within one year +€5,738
up €5,738 (+9.2%), from €62,402 to €68,140
of which Trade receivables: +€5,569
- Trade debts +€13,100
up €13,100 (+27.3%), from €47,976 to €61,076
- Profit (loss) carried forward +€10,228
up €10,228 (+17.6%), from €57,999 to €68,227
- Tax, wage and social debts +€8,422
up €8,422 (+33.3%), from €25,260 to €33,682
of which Taxes: +€5,584
- Gross operating margin +€24,162
up €24,162 (+29.5%), from €82,017 to €106,179
- Staff costs +€9,914
up €9,914 (+13.2%), from €75,129 to €85,043
- Other operating charges +€2,569
up €2,569 (+385%), from €667 to €3,236
- Taxes +€1,734
up €1,734, from -€0 to €1,734
- Depreciation +€1,073
up €1,073 (+26.8%), from €4,005 to €5,078
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 | €237,303 | €269,756 | +€32,453 | +13.7% |
| Fixed assets | 21/28 | €7,106 | €15,673 | +€8,567 | +121% |
| Intangible fixed assets | 21 | €2,920 | €1,390 | -€1,530 | -52.4% |
| Tangible fixed assets | 22/27 | €4,186 | €14,283 | +€10,097 | +241% |
| Land and buildings | 22 | - | €5,887 | +€5,887 | |
| Furniture and vehicles | 24 | €4,186 | €8,396 | +€4,210 | +101% |
| Current assets | 29/58 | €230,197 | €254,083 | +€23,886 | +10.4% |
| Stocks and contracts in progress | 3 | €130,620 | €147,520 | +€16,900 | +12.9% |
| Stocks | 30/36 | €130,620 | €147,520 | +€16,900 | +12.9% |
| Amounts receivable within one year | 40/41 | €62,402 | €68,140 | +€5,738 | +9.2% |
| Trade receivables | 40 | €62,402 | €67,971 | +€5,569 | +8.9% |
| Other amounts receivable | 41 | €0 | €169 | +€169 | +845,350% |
| Cash at bank and in hand | 54/58 | €33,180 | €32,364 | -€816 | -2.5% |
| Deferred charges and accrued income | 490/1 | €3,995 | €6,059 | +€2,064 | +51.7% |
| Total equity and liabilities | 10/49 | €237,303 | €269,756 | +€32,453 | +13.7% |
| Equity | 10/15 | €79,999 | €90,227 | +€10,228 | +12.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,999 | €68,227 | +€10,228 | +17.6% |
| Amounts payable | 17/49 | €157,304 | €179,529 | +€22,226 | +14.1% |
| Amounts payable within one year | 42/48 | €157,304 | €179,529 | +€22,226 | +14.1% |
| Financial debts | 43 | - | €109 | +€109 | |
| Credit institutions | 430/8 | - | €109 | +€109 | |
| Trade debts | 44 | €47,976 | €61,076 | +€13,100 | +27.3% |
| Suppliers | 440/4 | €47,976 | €61,076 | +€13,100 | +27.3% |
| Taxes, remuneration and social security | 45 | €25,260 | €33,682 | +€8,422 | +33.3% |
| Taxes | 450/3 | €9,377 | €14,960 | +€5,584 | +59.5% |
| Remuneration and social security | 454/9 | €15,884 | €18,722 | +€2,838 | +17.9% |
| Other amounts payable | 47/48 | €84,067 | €84,662 | +€595 | +0.7% |
| Remuneration, social security and pensions | 62 | €75,129 | €85,043 | +€9,914 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,005 | €5,078 | +€1,073 | +26.8% |
| Other operating charges | 640/8 | €667 | €3,236 | +€2,569 | +385% |
| Gross operating margin | 9900 | €82,017 | €106,179 | +€24,162 | +29.5% |
| Operating profit (loss) | 9901 | €2,216 | €12,822 | +€10,606 | +479% |
| Financial income | 75/76B | €3 | €14 | +€10 | +292% |
| Recurring financial income | 75 | €3 | €14 | +€10 | +292% |
| Financial charges | 65/66B | €1,774 | €874 | -€900 | -50.7% |
| Recurring financial charges | 65 | €1,774 | €874 | -€900 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €445 | €11,961 | +€11,516 | +2,587% |
| Income taxes | 67/77 | -€0 | €1,734 | +€1,734 | |
| Profit (loss) for the period | 9904 | €445 | €10,228 | +€9,783 | +2,197% |
| Profit (loss) for the period to be appropriated | 9905 | €445 | €10,228 | +€9,783 | +2,197% |
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 25 October 2026 via checked.be.