EQCOLOGIC: 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.
EQCOLOGIC
Largest movements
- Receivables within one year +€278,874
up €278,874 (+15.0%), from €1.9m to €2.1m
of which Other amounts receivable: +€310,688
- Tangible fixed assets -€176,783
down €176,783 (-21.7%), from €815,317 to €638,534
of which Plant, machinery and equipment: -€159,007
- Cash +€85,086
up €85,086 (+4.4%), from €1.9m to €2.0m
mainly Net result for the year (+€279,212) and Depreciation (+€200,920)
- Profit (loss) carried forward +€265,252
up €265,252 (+165.9%), from €159,862 to €425,114
- Provisions -€138,513
down €138,513 (-58.0%), from €238,721 to €100,208
- Accrued charges and deferred income +€49,043
up €49,043 (+16239.4%), from €302 to €49,345
- Staff costs -€176,977
down €176,977 (-17.5%), from €1.0m to €832,187
- Gross operating margin -€158,496
down €158,496 (-11.4%), from €1.4m to €1.2m
- Provisions -€148,830
down €148,830, from €10,316 to -€138,513
- Depreciation +€81,784
up €81,784 (+68.6%), from €119,136 to €200,920
- Financial charges -€42,156
down €42,156 (-32.5%), from €129,720 to €87,563
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 | €4,638,008 | €4,813,630 | +€175,622 | +3.8% |
| Fixed assets | 21/28 | €815,717 | €638,934 | -€176,783 | -21.7% |
| Tangible fixed assets | 22/27 | €815,317 | €638,534 | -€176,783 | -21.7% |
| Plant, machinery and equipment | 23 | €797,023 | €638,016 | -€159,007 | -20.0% |
| Furniture and vehicles | 24 | €1,098 | €519 | -€579 | -52.8% |
| Other tangible fixed assets | 26 | €17,196 | €0 | -€17,196 | -100.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €3,822,292 | €4,174,696 | +€352,404 | +9.2% |
| Amounts receivable within one year | 40/41 | €1,861,181 | €2,140,055 | +€278,874 | +15.0% |
| Trade receivables | 40 | €38,804 | €6,990 | -€31,814 | -82.0% |
| Other amounts receivable | 41 | €1,822,377 | €2,133,064 | +€310,688 | +17.0% |
| Cash at bank and in hand | 54/58 | €1,945,133 | €2,030,219 | +€85,086 | +4.4% |
| Deferred charges and accrued income | 490/1 | €15,978 | €4,422 | -€11,555 | -72.3% |
| Total equity and liabilities | 10/49 | €4,638,008 | €4,813,630 | +€175,622 | +3.8% |
| Equity | 10/15 | €4,153,530 | €4,432,743 | +€279,212 | +6.7% |
| Contributions | 10/11 | €3,980,373 | €3,980,373 | = | 0.0% |
| Capital | 10 | €3,957,839 | €3,957,839 | = | 0.0% |
| Issued capital | 100 | €3,957,839 | €3,957,839 | = | 0.0% |
| Outside capital | 11 | €22,534 | €22,534 | = | 0.0% |
| Share premium | 1100/10 | €22,534 | €22,534 | = | 0.0% |
| Reserves | 13 | €13,295 | €27,256 | +€13,961 | +105.0% |
| Non-distributable reserves | 130/1 | €13,295 | €27,256 | +€13,961 | +105.0% |
| Legal reserve | 130 | €13,295 | €27,256 | +€13,961 | +105.0% |
| Profit (loss) carried forward | 14 | €159,862 | €425,114 | +€265,252 | +165.9% |
| Provisions and deferred taxes | 16 | €238,721 | €100,208 | -€138,513 | -58.0% |
| Provisions for liabilities and charges | 160/5 | €238,721 | €100,208 | -€138,513 | -58.0% |
| Other liabilities and charges | 164/5 | €238,721 | €100,208 | -€138,513 | -58.0% |
| Amounts payable | 17/49 | €245,757 | €280,679 | +€34,923 | +14.2% |
| Amounts payable within one year | 42/48 | €245,455 | €231,334 | -€14,120 | -5.8% |
| Trade debts | 44 | €69,488 | €47,015 | -€22,473 | -32.3% |
| Suppliers | 440/4 | €69,488 | €47,015 | -€22,473 | -32.3% |
| Taxes, remuneration and social security | 45 | €157,543 | €173,109 | +€15,566 | +9.9% |
| Taxes | 450/3 | €9,112 | €9,235 | +€123 | +1.4% |
| Remuneration and social security | 454/9 | €148,431 | €163,874 | +€15,443 | +10.4% |
| Other amounts payable | 47/48 | €18,424 | €11,210 | -€7,214 | -39.2% |
| Accrued charges and deferred income | 492/3 | €302 | €49,345 | +€49,043 | +16239.4% |
| Non-recurring operating income | 76A | €74,491 | €0 | -€74,491 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,009,164 | €832,187 | -€176,977 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,136 | €200,920 | +€81,784 | +68.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,316 | -€138,513 | -€148,830 | |
| Other operating charges | 640/8 | €12,740 | €968 | -€11,773 | -92.4% |
| Non-recurring operating charges | 66A | - | €556 | +€556 | |
| Gross operating margin | 9900 | €1,385,389 | €1,226,893 | -€158,496 | -11.4% |
| Operating profit (loss) | 9901 | €234,033 | €330,776 | +€96,743 | +41.3% |
| Financial income | 75/76B | €42,587 | €36,424 | -€6,164 | -14.5% |
| Recurring financial income | 75 | €42,587 | €36,424 | -€6,164 | -14.5% |
| Financial charges | 65/66B | €129,720 | €87,563 | -€42,156 | -32.5% |
| Recurring financial charges | 65 | €129,720 | €87,563 | -€42,156 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €146,900 | €279,636 | +€132,736 | +90.4% |
| Income taxes | 67/77 | €1,827 | €424 | -€1,403 | -76.8% |
| Profit (loss) for the period | 9904 | €145,073 | €279,212 | +€134,139 | +92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €145,073 | €279,212 | +€134,139 | +92.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.