ECTOR SERVICES: what changed
ECTOR SERVICES
Largest movements
- Cash +€57,803
up €57,803 (+518%), from €11,150 to €68,953
mainly Net result for the year (+€46,604) and Current investments (+€20,000)
- Current investments -€20,000
down €20,000 (-40.0%), from €50,000 to €30,000
- Tangible fixed assets +€4,392
up €4,392 (+878%), from €500 to €4,892
of which Other tangible fixed assets: +€3,321
- Receivables within one year +€2,434
up €2,434 (+33.7%), from €7,225 to €9,659
of which Trade receivables: +€2,611
- Profit (loss) carried forward +€46,604
up €46,604 (+76.3%), from €61,085 to €107,688
- Trade debts -€2,188
down €2,188 (-50.9%), from €4,303 to €2,114
- Gross operating margin -€19,297
down €19,297 (-24.7%), from €78,222 to €58,925
- Taxes -€4,071
down €4,071 (-24.3%), from €16,757 to €12,685
- Financial income +€858
new in 2025: €858
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,568 | €114,609 | +€45,040 | +64.7% |
| Fixed assets | 21/28 | €500 | €4,892 | +€4,392 | +878% |
| Tangible fixed assets | 22/27 | €500 | €4,892 | +€4,392 | +878% |
| Furniture and vehicles | 24 | €500 | €1,571 | +€1,071 | +214% |
| Other tangible fixed assets | 26 | - | €3,321 | +€3,321 | |
| Current assets | 29/58 | €69,068 | €109,717 | +€40,648 | +58.9% |
| Amounts receivable within one year | 40/41 | €7,225 | €9,659 | +€2,434 | +33.7% |
| Trade receivables | 40 | €6,975 | €9,586 | +€2,611 | +37.4% |
| Other amounts receivable | 41 | €250 | €72 | -€177 | -71.0% |
| Current investments | 50/53 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €11,150 | €68,953 | +€57,803 | +518% |
| Deferred charges and accrued income | 490/1 | €693 | €1,105 | +€412 | +59.4% |
| Total equity and liabilities | 10/49 | €69,568 | €114,609 | +€45,040 | +64.7% |
| Equity | 10/15 | €63,585 | €110,188 | +€46,604 | +73.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,085 | €107,688 | +€46,604 | +76.3% |
| Amounts payable | 17/49 | €5,984 | €4,421 | -€1,563 | -26.1% |
| Amounts payable within one year | 42/48 | €5,984 | €4,421 | -€1,563 | -26.1% |
| Trade debts | 44 | €4,303 | €2,114 | -€2,188 | -50.9% |
| Suppliers | 440/4 | €4,303 | €2,114 | -€2,188 | -50.9% |
| Taxes, remuneration and social security | 45 | €1,681 | €2,282 | +€601 | +35.7% |
| Taxes | 450/3 | €1,681 | €2,282 | +€601 | +35.7% |
| Other amounts payable | 47/48 | - | €25 | +€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302 | €328 | +€27 | +8.9% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €78,222 | €58,925 | -€19,297 | -24.7% |
| Operating profit (loss) | 9901 | €77,859 | €58,535 | -€19,324 | -24.8% |
| Financial income | 75/76B | - | €858 | +€858 | |
| Recurring financial income | 75 | - | €858 | +€858 | |
| Financial charges | 65/66B | €17 | €104 | +€87 | +500% |
| Recurring financial charges | 65 | €17 | €104 | +€87 | +500% |
| Profit (loss) for the period before taxes | 9903 | €77,841 | €59,289 | -€18,552 | -23.8% |
| Income taxes | 67/77 | €16,757 | €12,685 | -€4,071 | -24.3% |
| Profit (loss) for the period | 9904 | €61,085 | €46,604 | -€14,481 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,085 | €46,604 | -€14,481 | -23.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.