ECOFRAMERIES: what changed
Two fiscal 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.
What changed
ECOFRAMERIES
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€515,147
2024 · €596,117-€80,970
Equity
€797,744
2024 · €797,744
Cash
€1.8m
2024 · €1.8m-€4,168
Balance sheet total
€4.7m
2024 · €5.1m-€375,997
Largest movements
Assets
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year -€147,019
down €147,019 (-37.8%), from €388,613 to €241,594
of which Other amounts receivable: -€199,660
- Tangible fixed assets -€90,045
down €90,045 (-5.8%), from €1.5m to €1.5m
of which Other tangible fixed assets: -€65,505
- Stocks and contracts +€86,486
up €86,486 (+10.1%), from €857,787 to €944,273
- Deferred charges and accrued income +€78,534
up €78,534 (+68.3%), from €115,058 to €193,592
Equity and liabilities
- Trade debts -€412,200
down €412,200 (-23.4%), from €1.8m to €1.3m
- Short-term financial debts +€215,329
up €215,329 (+441.6%), from €48,757 to €264,086
- Current portion of long-term debt -€201,846
down €201,846 (-33.1%), from €610,515 to €408,670
- Other debts +€133,202
up €133,202 (+22.4%), from €594,058 to €727,260
- Debts after one year -€106,349
down €106,349 (-13.2%), from €807,258 to €700,909
of which Financial debts: -€106,349
Income statement
- Turnover +€30.9m
new in 2025: €30.9m
- Goods and materials +€23.7m
new in 2025: €23.7m
of which Purchases: +€23.8m
- Services and other goods +€4.2m
new in 2025: €4.2m
- Gross operating margin -€3.1m
no longer reported in 2025 (was €3.1m)
- Other operating income +€325,002
new in 2025: €325,002
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.
Result 2024
€596,117
Turnover
+€30.9m
Other operating income
+€325,002
Goods and materials
-€23.7m
Services and other goods
-€4.2m
Staff costs
-€237,974
Depreciation
-€73,475
Other operating charges
-€29,488
Other operating items
-€3.1m
Financial income
+€15,102
Financial charges
+€7,603
Taxes
+€24,900
Result 2025
€515,147
Cash bridge derived
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.
From operations
+€695,100
Investment
-€91,256
Financing
-€608,012
Cash 2024
€1.8m
From operations (derived)
+€695,100
Net result for the year
+€515,147
Depreciation
+€481,086
Stocks and contracts
-€86,486
Receivables within one year
+€147,019
Deferred charges and accrued income
-€78,534
Trade debts
-€412,200
Tax, wage and social debts
-€25,158
Other debts
+€133,202
Accrued charges and deferred income
+€21,024
Investment (derived)
-€91,256
Investment in fixed assets (net)
-€391,256
Current investments
+€300,000
Financing
-€608,012
Debts after one year
-€106,349
Current portion of long-term debt
-€201,846
Short-term financial debts
+€215,329
Contributions, distributions and other
-€515,147
Cash 2025
€1.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,099,844 | €4,723,847 | -€375,997 | -7.4% |
| Formation expenses | 20 | - | €2,833 | +€2,833 | |
| Fixed assets | 21/28 | €1,614,002 | €1,521,339 | -€92,663 | -5.7% |
| Tangible fixed assets | 22/27 | €1,543,956 | €1,453,911 | -€90,045 | -5.8% |
| Plant, machinery and equipment | 23 | €967,828 | €963,779 | -€4,049 | -0.4% |
| Furniture and vehicles | 24 | €199,850 | €179,358 | -€20,491 | -10.3% |
| Other tangible fixed assets | 26 | €376,279 | €310,774 | -€65,505 | -17.4% |
| Financial fixed assets | 28 | €70,046 | €67,428 | -€2,618 | -3.7% |
| Affiliated companies | 280/1 | - | €0 | = | |
| Participating interests | 280 | - | €0 | = | |
| Other financial fixed assets | 284/8 | - | €67,428 | +€67,428 | |
| Amounts receivable and cash guarantees | 285/8 | - | €67,428 | +€67,428 | |
| Current assets | 29/58 | €3,485,842 | €3,199,675 | -€286,167 | -8.2% |
| Stocks and contracts in progress | 3 | €857,787 | €944,273 | +€86,486 | +10.1% |
| Stocks | 30/36 | €857,787 | €944,273 | +€86,486 | +10.1% |
| Goods purchased for resale | 34 | - | €944,273 | +€944,273 | |
| Amounts receivable within one year | 40/41 | €388,613 | €241,594 | -€147,019 | -37.8% |
| Trade receivables | 40 | €37,993 | €90,634 | +€52,641 | +138.6% |
| Other amounts receivable | 41 | €350,620 | €150,960 | -€199,660 | -56.9% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Other investments | 51/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €1,824,385 | €1,820,217 | -€4,168 | -0.2% |
| Deferred charges and accrued income | 490/1 | €115,058 | €193,592 | +€78,534 | +68.3% |
| Total equity and liabilities | 10/49 | €5,099,844 | €4,723,847 | -€375,997 | -7.4% |
| Equity | 10/15 | €797,744 | €797,744 | = | 0.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €697,744 | €697,744 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €687,744 | €687,744 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €4,302,100 | €3,926,103 | -€375,997 | -8.7% |
| Amounts payable after more than one year | 17 | €807,258 | €700,909 | -€106,349 | -13.2% |
| Financial debts | 170/4 | €803,458 | €697,109 | -€106,349 | -13.2% |
| Subordinated loans | 170 | - | €60,982 | +€60,982 | |
| Credit institutions | 173 | - | €636,128 | +€636,128 | |
| Other amounts payable | 178/9 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,278,279 | €2,987,606 | -€290,673 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €610,515 | €408,670 | -€201,846 | -33.1% |
| Financial debts | 43 | €48,757 | €264,086 | +€215,329 | +441.6% |
| Credit institutions | 430/8 | €48,757 | €264,086 | +€215,329 | +441.6% |
| Trade debts | 44 | €1,759,309 | €1,347,109 | -€412,200 | -23.4% |
| Suppliers | 440/4 | €1,759,309 | €1,347,109 | -€412,200 | -23.4% |
| Taxes, remuneration and social security | 45 | €265,639 | €240,481 | -€25,158 | -9.5% |
| Taxes | 450/3 | €22,033 | €2,032 | -€20,001 | -90.8% |
| Remuneration and social security | 454/9 | €243,607 | €238,450 | -€5,157 | -2.1% |
| Other amounts payable | 47/48 | €594,058 | €727,260 | +€133,202 | +22.4% |
| Accrued charges and deferred income | 492/3 | €216,563 | €237,588 | +€21,024 | +9.7% |
| Operating income | 70/76A | - | €31,347,558 | +€31.3m | |
| Turnover | 70 | - | €30,915,461 | +€30.9m | |
| Other operating income | 74 | - | €325,002 | +€325,002 | |
| Non-recurring operating income | 76A | €53,108 | €107,095 | +€53,986 | +101.7% |
| Operating charges | 60/66A | - | €30,646,313 | +€30.6m | |
| Goods for resale, raw materials and consumables | 60 | - | €23,695,924 | +€23.7m | |
| Purchases | 600/8 | - | €23,782,410 | +€23.8m | |
| Change in stocks: decrease (increase) | 609 | - | -€86,486 | -€86,486 | |
| Services and other goods | 61 | - | €4,246,238 | +€4.2m | |
| Remuneration, social security and pensions | 62 | €1,810,791 | €2,048,766 | +€237,974 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407,610 | €481,086 | +€73,475 | +18.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €68,886 | €98,375 | +€29,488 | +42.8% |
| Non-recurring operating charges | 66A | €3,226 | €75,925 | +€72,699 | +2253.7% |
| Gross operating margin | 9900 | €3,120,334 | - | -€3.1m | |
| Operating profit (loss) | 9901 | €829,820 | €701,245 | -€128,575 | -15.5% |
| Financial income | 75/76B | €70,109 | €85,211 | +€15,102 | +21.5% |
| Recurring financial income | 75 | €70,109 | €85,211 | +€15,102 | +21.5% |
| Income from financial fixed assets | 750 | - | €448 | +€448 | |
| Income from current assets | 751 | - | €14,096 | +€14,096 | |
| Other financial income | 752/9 | - | €70,667 | +€70,667 | |
| Financial charges | 65/66B | €136,655 | €129,052 | -€7,603 | -5.6% |
| Recurring financial charges | 65 | €123,057 | €129,052 | +€5,995 | +4.9% |
| Debt charges | 650 | - | €32,679 | +€32,679 | |
| Other financial charges | 652/9 | - | €96,374 | +€96,374 | |
| Non-recurring financial charges | 66B | €13,598 | €0 | -€13,598 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €763,274 | €657,404 | -€105,870 | -13.9% |
| Income taxes | 67/77 | €167,157 | €142,256 | -€24,900 | -14.9% |
| Taxes | 670/3 | - | €142,256 | +€142,256 | |
| Profit (loss) for the period | 9904 | €596,117 | €515,147 | -€80,970 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €596,117 | €515,147 | -€80,970 | -13.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.