EQ-OS: 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.
EQ-OS
Largest movements
- Cash -€19,275
down €19,275 (-65.1%), from €29,586 to €10,311
mainly Receivables within one year (-€12,391) and Current portion of long-term debt (-€10,743)
- Receivables within one year +€12,391
up €12,391 (+347.8%), from €3,563 to €15,954
of which Trade receivables: +€10,341
- Tangible fixed assets -€10,874
down €10,874 (-31.7%), from €34,278 to €23,404
of which Furniture and vehicles: -€12,123
- Current portion of long-term debt -€10,743
no longer reported in 2025 (was €10,743)
- Other debts -€6,300
down €6,300 (-19.7%), from €31,974 to €25,674
- Trade debts -€839
down €839 (-19.7%), from €4,263 to €3,424
- Gross operating margin -€17,378
down €17,378 (-70.6%), from €24,614 to €7,236
- Depreciation -€4,305
down €4,305 (-56.2%), from €7,658 to €3,353
- Taxes -€1,975
down €1,975 (-57.8%), from €3,417 to €1,442
- Other operating charges -€834
down €834 (-87.4%), from €954 to €120
- Financial charges +€828
up €828 (+60.1%), from €1,376 to €2,204
of which Non-recurring financial charges: +€1,813
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,284 | €54,819 | -€17,465 | -24.2% |
| Fixed assets | 21/28 | €34,278 | €23,404 | -€10,874 | -31.7% |
| Tangible fixed assets | 22/27 | €34,278 | €23,404 | -€10,874 | -31.7% |
| Plant, machinery and equipment | 23 | - | €3,222 | +€3,222 | |
| Furniture and vehicles | 24 | €16,152 | €4,029 | -€12,123 | -75.1% |
| Other tangible fixed assets | 26 | €18,126 | €16,153 | -€1,973 | -10.9% |
| Current assets | 29/58 | €38,006 | €31,415 | -€6,591 | -17.3% |
| Amounts receivable within one year | 40/41 | €3,563 | €15,954 | +€12,391 | +347.8% |
| Trade receivables | 40 | €3,563 | €13,904 | +€10,341 | +290.3% |
| Other amounts receivable | 41 | €0 | €2,050 | +€2,050 | |
| Cash at bank and in hand | 54/58 | €29,586 | €10,311 | -€19,275 | -65.1% |
| Deferred charges and accrued income | 490/1 | €4,857 | €5,150 | +€293 | +6.0% |
| Total equity and liabilities | 10/49 | €72,284 | €54,819 | -€17,465 | -24.2% |
| Equity | 10/15 | €20,797 | €20,862 | +€65 | +0.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €14,797 | €14,797 | +€0 | 0.0% |
| Distributable reserves | 133 | €14,797 | €14,797 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €65 | +€65 | |
| Amounts payable | 17/49 | €51,487 | €33,957 | -€17,530 | -34.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €51,487 | €33,957 | -€17,530 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | €10,743 | - | -€10,743 | |
| Trade debts | 44 | €4,263 | €3,424 | -€839 | -19.7% |
| Suppliers | 440/4 | €4,263 | €3,424 | -€839 | -19.7% |
| Taxes, remuneration and social security | 45 | €4,507 | €4,859 | +€352 | +7.8% |
| Taxes | 450/3 | €4,507 | €4,859 | +€352 | +7.8% |
| Other amounts payable | 47/48 | €31,974 | €25,674 | -€6,300 | -19.7% |
| Remuneration, social security and pensions | 62 | - | €58 | +€58 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,658 | €3,353 | -€4,305 | -56.2% |
| Other operating charges | 640/8 | €954 | €120 | -€834 | -87.4% |
| Gross operating margin | 9900 | €24,614 | €7,236 | -€17,378 | -70.6% |
| Operating profit (loss) | 9901 | €16,002 | €3,705 | -€12,297 | -76.8% |
| Financial income | 75/76B | €0 | €6 | +€6 | +1566.7% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +1566.7% |
| Financial charges | 65/66B | €1,376 | €2,204 | +€828 | +60.1% |
| Recurring financial charges | 65 | €1,376 | €391 | -€985 | -71.6% |
| Non-recurring financial charges | 66B | - | €1,813 | +€1,813 | |
| Profit (loss) for the period before taxes | 9903 | €14,626 | €1,507 | -€13,119 | -89.7% |
| Income taxes | 67/77 | €3,417 | €1,442 | -€1,975 | -57.8% |
| Profit (loss) for the period | 9904 | €11,209 | €65 | -€11,144 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,209 | €65 | -€11,144 | -99.4% |
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 10 October 2026 via checked.be.