ECOTYS: 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.
ECOTYS
Largest movements
- Cash +€991,640
up €991,640 (+37,349%), from €2,655 to €994,295
mainly Current portion of long-term debt (+€797,437) and Short-term financial debts (+€770,099)
- Debts after one year -€1.6m
down €1.6m (-26.1%), from €6.0m to €4.4m
- Current portion of long-term debt +€797,437
new in 2025: €797,437
- Short-term financial debts +€770,099
new in 2025: €770,099
- Profit (loss) carried forward +€764,673
up €764,673 (+12.2%), from €6.3m to €7.0m
- Accrued charges and deferred income +€224,892
new in 2025: €224,892
- Financial income -€4.9m
down €4.9m (-82.3%), from €5.9m to €1.1m
of which Non-recurring financial income: -€5.6m
- Financial charges +€217,857
up €217,857 (+8,145%), from €2,675 to €220,532
- Depreciation -€115,304
no longer reported in 2025 (was €115,304)
- Gross operating margin -€55,840
down €55,840 (-992%), from -€5,631 to -€61,471
- Taxes +€3,613
up €3,613, from -€1,703 to €1,910
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 | €12,372,270 | €13,346,895 | +€974,625 | +7.9% |
| Fixed assets | 21/28 | €12,365,773 | €12,346,173 | -€19,600 | -0.2% |
| Financial fixed assets | 28 | €12,365,773 | €12,346,173 | -€19,600 | -0.2% |
| Current assets | 29/58 | €6,497 | €1,000,722 | +€994,225 | +15,304% |
| Amounts receivable within one year | 40/41 | €3,842 | €6,427 | +€2,585 | +67.3% |
| Trade receivables | 40 | €2,378 | - | -€2,378 | |
| Other amounts receivable | 41 | €1,463 | €6,427 | +€4,964 | +339% |
| Cash at bank and in hand | 54/58 | €2,655 | €994,295 | +€991,640 | +37,349% |
| Total equity and liabilities | 10/49 | €12,372,270 | €13,346,895 | +€974,625 | +7.9% |
| Equity | 10/15 | €6,326,239 | €7,090,912 | +€764,673 | +12.1% |
| Contributions | 10/11 | €50,460 | €50,460 | = | 0.0% |
| Reserves | 13 | €9,360 | €9,360 | = | 0.0% |
| Distributable reserves | 133 | €9,360 | €9,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,266,419 | €7,031,092 | +€764,673 | +12.2% |
| Amounts payable | 17/49 | €6,046,031 | €6,255,984 | +€209,953 | +3.5% |
| Amounts payable after more than one year | 17 | €6,000,000 | €4,432,464 | -€1.6m | -26.1% |
| Financial debts | 170/4 | €6,000,000 | €4,432,464 | -€1.6m | -26.1% |
| Amounts payable within one year | 42/48 | €46,031 | €1,598,627 | +€1.6m | +3,373% |
| Current portion of amounts payable after more than one year | 42 | - | €797,437 | +€797,437 | |
| Financial debts | 43 | - | €770,099 | +€770,099 | |
| Credit institutions | 430/8 | - | €770,099 | +€770,099 | |
| Trade debts | 44 | €7,718 | €25,305 | +€17,587 | +228% |
| Suppliers | 440/4 | €7,718 | €25,305 | +€17,587 | +228% |
| Taxes, remuneration and social security | 45 | €28,297 | €786 | -€27,511 | -97.2% |
| Taxes | 450/3 | €28,297 | €786 | -€27,511 | -97.2% |
| Other amounts payable | 47/48 | €10,016 | €5,000 | -€5,016 | -50.1% |
| Accrued charges and deferred income | 492/3 | - | €224,892 | +€224,892 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,304 | - | -€115,304 | |
| Other operating charges | 640/8 | €968 | €1,415 | +€447 | +46.2% |
| Gross operating margin | 9900 | -€5,631 | -€61,471 | -€55,840 | -992% |
| Operating profit (loss) | 9901 | -€121,903 | -€62,885 | +€59,018 | +48.4% |
| Financial income | 75/76B | €5,939,861 | €1,050,000 | -€4.9m | -82.3% |
| Recurring financial income | 75 | €300,000 | €1,050,000 | +€750,000 | +250% |
| Non-recurring financial income | 76B | €5,639,861 | - | -€5.6m | |
| Financial charges | 65/66B | €2,675 | €220,532 | +€217,857 | +8,145% |
| Recurring financial charges | 65 | €2,675 | €220,532 | +€217,857 | +8,145% |
| Profit (loss) for the period before taxes | 9903 | €5,815,283 | €766,583 | -€5.0m | -86.8% |
| Income taxes | 67/77 | -€1,703 | €1,910 | +€3,613 | |
| Profit (loss) for the period | 9904 | €5,816,987 | €764,673 | -€5.1m | -86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,816,987 | €764,673 | -€5.1m | -86.9% |
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 15 October 2026 via checked.be.