EKWATA CONSULTING: 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.
EKWATA CONSULTING
Largest movements
- Cash -€38,400
down €38,400 (-76.2%), from €50,404 to €12,004
mainly Other debts (-€34,740) and Net result for the year (-€3,890)
- Other debts -€34,740
down €34,740 (-42.5%), from €81,650 to €46,910
- Profit (loss) carried forward -€3,890
down €3,890 (-10.7%), from €36,365 to €32,475
- Tax, wage and social debts -€2,200
down €2,200 (-92.2%), from €2,385 to €185
- Depreciation -€4,825
down €4,825 (-86.4%), from €5,582 to €757
- Gross operating margin +€4,411
up €4,411 (+65.4%), from -€6,747 to -€2,336
- Financial charges +€86
new in 2025: €86
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 | €141,079 | €101,147 | -€39,932 | -28.3% |
| Fixed assets | 21/28 | €880 | €123 | -€757 | -86.0% |
| Tangible fixed assets | 22/27 | €880 | €123 | -€757 | -86.0% |
| Furniture and vehicles | 24 | €880 | €123 | -€757 | -86.0% |
| Current assets | 29/58 | €140,199 | €101,024 | -€39,175 | -27.9% |
| Amounts receivable within one year | 40/41 | €89,749 | €89,000 | -€749 | -0.8% |
| Trade receivables | 40 | €89,000 | €89,000 | = | 0.0% |
| Other amounts receivable | 41 | €749 | - | -€749 | |
| Cash at bank and in hand | 54/58 | €50,404 | €12,004 | -€38,400 | -76.2% |
| Deferred charges and accrued income | 490/1 | €46 | €20 | -€26 | -56.5% |
| Total equity and liabilities | 10/49 | €141,079 | €101,147 | -€39,932 | -28.3% |
| Equity | 10/15 | €56,825 | €52,935 | -€3,890 | -6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,365 | €32,475 | -€3,890 | -10.7% |
| Amounts payable | 17/49 | €84,254 | €48,212 | -€36,042 | -42.8% |
| Amounts payable within one year | 42/48 | €84,254 | €48,212 | -€36,042 | -42.8% |
| Trade debts | 44 | €219 | €1,117 | +€898 | +410% |
| Suppliers | 440/4 | €219 | €1,117 | +€898 | +410% |
| Taxes, remuneration and social security | 45 | €2,385 | €185 | -€2,200 | -92.2% |
| Taxes | 450/3 | €2,385 | €185 | -€2,200 | -92.2% |
| Other amounts payable | 47/48 | €81,650 | €46,910 | -€34,740 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,582 | €757 | -€4,825 | -86.4% |
| Other operating charges | 640/8 | €604 | €619 | +€15 | +2.5% |
| Gross operating margin | 9900 | -€6,747 | -€2,336 | +€4,411 | +65.4% |
| Operating profit (loss) | 9901 | -€12,933 | -€3,712 | +€9,221 | +71.3% |
| Financial charges | 65/66B | - | €86 | +€86 | |
| Recurring financial charges | 65 | - | €86 | +€86 | |
| Profit (loss) for the period before taxes | 9903 | -€12,933 | -€3,798 | +€9,135 | +70.6% |
| Income taxes | 67/77 | €93 | €92 | -€1 | -1.1% |
| Profit (loss) for the period | 9904 | -€13,026 | -€3,890 | +€9,136 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,026 | -€3,890 | +€9,136 | +70.1% |
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 25 October 2026 via checked.be.