ECOWONEN: 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.
ECOWONEN
Largest movements
- Stocks and contracts +€66,571
up €66,571 (+50.5%), from €131,816 to €198,387
- Tangible fixed assets +€17,709
new in 2025: €17,709
- Receivables within one year -€13,784
down €13,784 (-37.4%), from €36,850 to €23,066
of which Other amounts receivable: -€14,054
- Cash -€2,809
down €2,809 (-36.0%), from €7,792 to €4,983
mainly Stocks and contracts (-€66,571) and Investment in fixed assets (net) (-€17,709)
- Other debts +€76,960
up €76,960 (+82.5%), from €93,253 to €170,213
- Profit (loss) carried forward -€10,204
down €10,204 (-84.4%), from -€12,088 to -€22,292
- Gross operating margin +€2,165
up €2,165 (+24.2%), from -€8,963 to -€6,799
- Financial income -€282
down €282 (-100%), from €282 to €0
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 | €181,702 | €249,937 | +€68,235 | +37.6% |
| Fixed assets | 21/28 | €5,000 | €22,709 | +€17,709 | +354% |
| Tangible fixed assets | 22/27 | - | €17,709 | +€17,709 | |
| Land and buildings | 22 | - | €17,709 | +€17,709 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €176,702 | €227,228 | +€50,526 | +28.6% |
| Stocks and contracts in progress | 3 | €131,816 | €198,387 | +€66,571 | +50.5% |
| Contracts in progress | 37 | €131,816 | €198,387 | +€66,571 | +50.5% |
| Amounts receivable within one year | 40/41 | €36,850 | €23,066 | -€13,784 | -37.4% |
| Trade receivables | 40 | €22,367 | €22,637 | +€270 | +1.2% |
| Other amounts receivable | 41 | €14,483 | €429 | -€14,054 | -97.0% |
| Cash at bank and in hand | 54/58 | €7,792 | €4,983 | -€2,809 | -36.0% |
| Deferred charges and accrued income | 490/1 | €243 | €792 | +€548 | +225% |
| Total equity and liabilities | 10/49 | €181,702 | €249,937 | +€68,235 | +37.6% |
| Equity | 10/15 | €16,563 | €6,359 | -€10,204 | -61.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,651 | €8,651 | = | 0.0% |
| Distributable reserves | 133 | €8,651 | €8,651 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,088 | -€22,292 | -€10,204 | -84.4% |
| Amounts payable | 17/49 | €165,139 | €243,578 | +€78,439 | +47.5% |
| Amounts payable within one year | 42/48 | €165,139 | €243,578 | +€78,439 | +47.5% |
| Current portion of amounts payable after more than one year | 42 | €70,000 | €70,000 | = | 0.0% |
| Trade debts | 44 | €206 | €845 | +€639 | +310% |
| Suppliers | 440/4 | €206 | €845 | +€639 | +310% |
| Taxes, remuneration and social security | 45 | €1,680 | €2,520 | +€840 | +50.0% |
| Taxes | 450/3 | €1,680 | €2,520 | +€840 | +50.0% |
| Other amounts payable | 47/48 | €93,253 | €170,213 | +€76,960 | +82.5% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | -€8,963 | -€6,799 | +€2,165 | +24.2% |
| Operating profit (loss) | 9901 | -€9,415 | -€7,264 | +€2,151 | +22.8% |
| Financial income | 75/76B | €282 | €0 | -€282 | -100% |
| Recurring financial income | 75 | €282 | €0 | -€282 | -100% |
| Financial charges | 65/66B | €2,955 | €2,940 | -€15 | -0.5% |
| Recurring financial charges | 65 | €2,955 | €2,940 | -€15 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,088 | -€10,204 | +€1,884 | +15.6% |
| Profit (loss) for the period | 9904 | -€12,088 | -€10,204 | +€1,884 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,088 | -€10,204 | +€1,884 | +15.6% |
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 23 October 2026 via checked.be.