{"id":26138,"date":"2025-10-02T15:19:33","date_gmt":"2025-10-02T14:19:33","guid":{"rendered":"https:\/\/2024.memoriaecotic.com\/ecotic-entidad-administradora\/"},"modified":"2025-10-08T14:11:12","modified_gmt":"2025-10-08T13:11:12","slug":"ecotic-entidad-administradora","status":"publish","type":"page","link":"https:\/\/2024.memoriaecotic.com\/en\/05-transparency\/ecotic-entidad-administradora\/","title":{"rendered":"ECOTIC Entidad Administradora"},"content":{"rendered":"

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The value of transparency<\/h2>\n

 <\/p>\n

Fani Cuevas | <\/strong>Director of Administration and Finance[\/vc_column_text][vc_separator type=”transparent” thickness=”6″][vc_separator type=”transparent” thickness=”6″][vc_separator type=”transparent” thickness=”6″][vc_column_text css=”.vc_custom_1759830321947{padding-right: 20px !important;padding-left: 20px !important;}”]<\/p>\n

\u201cEfficiency starts with people and translates into results with social and environmental value.\u201d<\/h5>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/3″][vc_separator type=”transparent” thickness=”20″][vc_single_image image=”25902″ img_size=”full” alignment=”center” qode_css_animation=”” el_class=”hide-on-mobile”][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”1\/6″ css=”.vc_custom_1556875110963{padding-top: 40px !important;padding-right: 40px !important;padding-bottom: 40px !important;padding-left: 40px !important;}”][\/vc_column][vc_column width=”2\/3″][vc_separator type=”transparent” thickness=”5″][vc_separator type=”transparent” thickness=”5″][vc_separator type=”transparent” thickness=”5″][vc_single_image image=”25906″ img_size=”full” qode_css_animation=””][vc_column_text css=”.vc_custom_1759830358712{padding-right: 20px !important;padding-left: 20px !important;}”]<\/p>\n

In 2024 Fundaci\u00f3n ECOTIC continued to strengthen its financial control and planning mechanisms, enabling more efficient resource allocation and ensuring management that is fully aligned with our mission.<\/p>\n

 <\/p>\n

The financial year closed with a very positive result of \u20ac8,426, successfully meeting the budgetary aim of maintaining fully balanced accounts with zero profit, as is typically expected of a non-profit organisation committed to transparency and responsible financial management.<\/p>\n

 <\/p>\n

Costs linked to WEEE management \u2013including transport, collection and treatment, as well as payments to installers, distributors and local authorities \u2013 once again represented the organisation\u2019s main expense, accounting for 88.5% of total outgoings compared with 85% the previous year, underscoring our focus on core activities.<\/p>\n

 <\/p>\n

Communication expenses fell to 4%, down from 6.7% in 2023, while structural costs decreased to 6.6% from 7.3%. This reduction is mainly due to the fact that in 2024 the IT system-related assets (and their associated costs) are now accounted for under ECOTIC Entidad Administradora S.L., having been formally transferred as a non-cash contribution in June 2023. In addition, the structure for managing waste in the air-conditioning category was moved in 2024 to Fundaci\u00f3n ECOTIC Clima, enhancing efficiency and clarity in management.<\/p>\n

[\/vc_column_text][vc_separator type=”transparent” thickness=”5″][vc_single_image image=”25912″ img_size=”full” qode_css_animation=””][vc_separator type=”transparent” thickness=”5″][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”1\/6″ css=”.vc_custom_1556875110963{padding-top: 40px !important;padding-right: 40px !important;padding-bottom: 40px !important;padding-left: 40px !important;}”][\/vc_column][vc_column width=”2\/3″][vc_column_text css=”.vc_custom_1759830385148{padding-right: 20px !important;padding-left: 20px !important;}”]<\/p>\n

ECOTIC Entidad Administradora S.L., established in 2021 on the initiative of Fundaci\u00f3n ECOTIC, continues to consolidate its role within the new organisational structure as a vehicle for improving operational efficiency and creating synergies that benefit member producers.<\/p>\n

 <\/p>\n

Its work focuses on providing specialised services to organisations managing extended producer responsibility systems, as well as planning, organising and financing waste management operations.<\/p>\n

 <\/p>\n

In 2024 ECOTIC Entidad Administradora S.L. recorded a positive result of \u20ac18,046, fully meeting the year\u2019s forecasts.<\/p>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”1\/6″ css=”.vc_custom_1556875110963{padding-top: 40px !important;padding-right: 40px !important;padding-bottom: 40px !important;padding-left: 40px !important;}”][\/vc_column][vc_column width=”2\/3″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” background_color=”#ffffff” border_color=”#ffffff”][vc_column][vc_separator type=”transparent” thickness=”5″][vc_separator type=”transparent” thickness=”5″][vc_row_inner row_type=”row” type=”full_width” text_align=”left” css_animation=””][vc_column_inner width=”1\/2″][vc_column_text]<\/p>\n

ECOTIC Entidad Administradora Balance Sheet<\/h4>\n

31 december 2024 (euros)<\/strong><\/p>\n

[\/vc_column_text][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_column_text]<\/p>\n

ASSETS<\/h4>\n

[\/vc_column_text][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_column_text]\n\n\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\n\t
NON-CURRENT ASSET<\/strong><\/td>658,755<\/strong><\/td>\n<\/tr>\n
Intangible assets<\/td>514,876<\/td>\n<\/tr>\n
Tangible fixed assets<\/td>101,261<\/td>\n<\/tr>\n
Long-term financial investments<\/td>42,618<\/td>\n<\/tr>\n
CURRENT ASSETS<\/strong><\/td>1,009,960<\/strong><\/td>\n<\/tr>\n
Trade receivables and other accounts receivable<\/td>492,199<\/td>\n<\/tr>\n
Short-term financial investments<\/td>93,241<\/td>\n<\/tr>\n
Cash and cash equivalents<\/td>424,520<\/td>\n<\/tr>\n<\/tbody>\n
<\/strong>TOTAL ASSETS<\/strong><\/th><\/strong>1,668,715<\/strong><\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n[\/vc_column_text][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_column_text]<\/p>\n

LIABILITIES<\/h4>\n

[\/vc_column_text][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_column_text]\n\n\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\n\t
EQUITY<\/strong><\/td>484,173<\/strong><\/td>\n<\/tr>\n
Founders\u2019 endowment<\/td>30,000<\/td>\n<\/tr>\n
Retained earnings from previous years<\/td>445,747<\/td>\n<\/tr>\n
Profit for the year<\/td>8,426<\/td>\n<\/tr>\n
LIABILITIES<\/strong><\/td>17,180,570
\n<\/strong><\/td>\n<\/tr>\n
Short-term debt<\/td>268<\/td>\n<\/tr>\n
Trade payables and other accounts payable<\/td>17,180,302<\/td>\n<\/tr>\n<\/tbody>\n
TOTAL EQUITY AND LIABILITIES<\/th>17,664,743<\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_column_text]<\/p>\n

ECOTIC Entidad Administradora Income Statement<\/h4>\n

31 december 2024 (euros)<\/strong><\/p>\n

[\/vc_column_text][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_column_text]<\/p>\n

CONTINUOUS OPERATIONS<\/h4>\n

[\/vc_column_text][vc_separator type=”normal” color=”#ffffff” thickness=”5″][vc_column_text]\n\n\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\n\t
ENTITY INCOME FROM SERVICE PROVISION<\/strong><\/td>2,887,880
\n<\/strong><\/td>\n<\/tr>\n
Supplies<\/td>-445,249<\/td>\n<\/tr>\n
Other operating income<\/td>1,815<\/td>\n<\/tr>\n
Personnel expenses<\/td>-1,377,917<\/td>\n<\/tr>\n
Other operating expenses<\/td>-768,456<\/td>\n<\/tr>\n
Depreciation of fixed assets<\/td>-271,712<\/td>\n<\/tr>\n
Impairment and gain\/loss on disposal of fixed assets<\/td>-936<\/td>\n<\/tr>\n
OPERATING PROFIT<\/strong><\/td>25,425<\/strong><\/td>\n<\/tr>\n
Financial and other expenses<\/td>-365<\/td>\n<\/tr>\n
FINANCIAL RESULT<\/strong><\/td>-365<\/strong><\/td>\n<\/tr>\n
PROFIT BEFORE TAX<\/strong><\/td>25,060
\n<\/strong><\/td>\n<\/tr>\n
Income tax<\/td>-7,014<\/td>\n<\/tr>\n<\/tbody>\n
SURPLUS FOR THE YEAR<\/th>18,046<\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_separator type=”normal” color=”#ffffff” thickness=”20″][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_separator type=”transparent”][vc_empty_space][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

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Fundaci\u00f3n Ecotic<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/2024.memoriaecotic.com\/en\/05-transparency\/ecotic-entidad-administradora\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECOTIC Entidad Administradora - Fundaci\u00f3n Ecotic\" \/>\n<meta property=\"og:description\" content=\"[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” background_color=”#f6f6f6″ css=”.vc_custom_1759414756639{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;background-color: #ededed !important;border-bottom-color: #ededed !important;}” z_index=””][vc_column width=”2\/3″ css=”.vc_custom_1599041025794{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_separator type=”transparent” thickness=”10″][vc_separator type=”transparent” thickness=”10″][vc_separator type=”transparent” thickness=”10″][vc_column_text css=”.vc_custom_1759837250747{padding-right: 20px !important;padding-left: 20px !important;}”] The value of...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/2024.memoriaecotic.com\/en\/05-transparency\/ecotic-entidad-administradora\/\" \/>\n<meta property=\"og:site_name\" content=\"Fundaci\u00f3n Ecotic\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ecotic.fundacion\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-08T13:11:12+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@FundacionECOTIC\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/2024.memoriaecotic.com\/en\/05-transparency\/ecotic-entidad-administradora\/\",\"url\":\"https:\/\/2024.memoriaecotic.com\/en\/05-transparency\/ecotic-entidad-administradora\/\",\"name\":\"ECOTIC Entidad Administradora - 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