Eqla: 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.
What changed
Eqla
NACE 88.999, Other social work without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€725,502
2024 · €1.2m-€1.9m
Equity
€6.6m
2024 · €7.3m-€689,502
Cash
€1.6m
2024 · €3.9m-€2.3m
Balance sheet total
€7.9m
2024 · €9.1m-€1.2m
Largest movements
Assets
- Cash -€2.3m
down €2.3m (-58.6%), from €3.9m to €1.6m
mainly Current investments (-€979,369) and Net result for the year (-€725,502)
- Current investments +€979,369
up €979,369 (+25.0%), from €3.9m to €4.9m
- Receivables within one year +€96,660
up €96,660 (+107.4%), from €89,980 to €186,640
of which Other amounts receivable: +€58,893
Equity and liabilities
- Profit (loss) carried forward -€725,502
down €725,502 (-23.9%), from €3.0m to €2.3m
- Accrued charges and deferred income -€399,140
down €399,140 (-98.3%), from €406,210 to €7,070
Income statement
- Gross operating margin -€1.1m
down €1.1m (-26.2%), from €4.2m to €3.1m
- Financial income -€907,305
down €907,305 (-95.0%), from €955,037 to €47,732
- Staff costs -€251,841
down €251,841 (-6.4%), from €3.9m to €3.7m
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.
Result 2024
€1.2m
Gross operating margin
-€1.1m
Staff costs
+€251,841
Depreciation
-€2,835
Other operating charges
-€1,443
Other operating items
-€114,517
Financial income
-€907,305
Financial charges
+€6,848
Result 2025
-€725,502
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.
From operations
-€1.1m
Investment
-€1.1m
Financing
-€51,622
Cash 2024
€3.9m
From operations (derived)
-€1.1m
Net result for the year
-€725,502
Depreciation
+€96,812
Receivables within one year
-€96,660
Deferred charges and accrued income
+€1,545
Provisions
+€26,400
Debts within one year
-€41,487
Accrued charges and deferred income
-€399,140
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€94,303
Current investments
-€979,369
Financing
-€51,622
Debts after one year
-€87,622
Contributions, distributions and other
+€36,000
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,090,927 | €7,899,576 | -€1.2m | -13.1% |
| Fixed assets | 21/28 | €1,208,378 | €1,205,869 | -€2,509 | -0.2% |
| Tangible fixed assets | 22/27 | €1,195,974 | €1,196,075 | +€101 | 0.0% |
| Land and buildings | 22 | €1,158,994 | €1,099,813 | -€59,181 | -5.1% |
| Plant, machinery and equipment | 23 | €21,916 | €46,031 | +€24,115 | +110.0% |
| Furniture and vehicles | 24 | €15,064 | €50,231 | +€35,167 | +233.5% |
| Financial fixed assets | 28 | €12,404 | €9,794 | -€2,610 | -21.0% |
| Current assets | 29/58 | €7,882,549 | €6,693,707 | -€1.2m | -15.1% |
| Amounts receivable within one year | 40/41 | €89,980 | €186,640 | +€96,660 | +107.4% |
| Trade receivables | 40 | €40,102 | €77,869 | +€37,767 | +94.2% |
| Other amounts receivable | 41 | €49,878 | €108,771 | +€58,893 | +118.1% |
| Current investments | 50/53 | €3,922,730 | €4,902,099 | +€979,369 | +25.0% |
| Cash at bank and in hand | 54/58 | €3,860,041 | €1,596,715 | -€2.3m | -58.6% |
| Deferred charges and accrued income | 490/1 | €9,798 | €8,253 | -€1,545 | -15.8% |
| Total equity and liabilities | 10/49 | €9,090,927 | €7,899,576 | -€1.2m | -13.1% |
| Equity | 10/15 | €7,264,434 | €6,574,932 | -€689,502 | -9.5% |
| Contributions | 10/11 | €4,231,201 | €4,231,201 | = | 0.0% |
| Capital | 10 | €4,231,201 | €4,231,201 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,033,233 | €2,307,731 | -€725,502 | -23.9% |
| Investment grants | 15 | - | €36,000 | +€36,000 | |
| Provisions and deferred taxes | 16 | €10,000 | €36,400 | +€26,400 | +264.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €36,400 | +€26,400 | +264.0% |
| Major repairs and maintenance | 162 | €10,000 | €36,400 | +€26,400 | +264.0% |
| Amounts payable | 17/49 | €1,816,493 | €1,288,244 | -€528,249 | -29.1% |
| Amounts payable after more than one year | 17 | €576,335 | €488,713 | -€87,622 | -15.2% |
| Financial debts | 170/4 | €576,335 | €488,713 | -€87,622 | -15.2% |
| Amounts payable within one year | 42/48 | €833,948 | €792,461 | -€41,487 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €85,951 | €87,622 | +€1,671 | +1.9% |
| Trade debts | 44 | €50,895 | €56,150 | +€5,255 | +10.3% |
| Suppliers | 440/4 | €50,895 | €56,150 | +€5,255 | +10.3% |
| Taxes, remuneration and social security | 45 | €686,405 | €637,075 | -€49,330 | -7.2% |
| Taxes | 450/3 | €136,224 | €126,179 | -€10,045 | -7.4% |
| Remuneration and social security | 454/9 | €550,181 | €510,896 | -€39,285 | -7.1% |
| Accrued charges and deferred income | 492/3 | €406,210 | €7,070 | -€399,140 | -98.3% |
| Turnover | 70 | €99,384 | €131,017 | +€31,633 | +31.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €862,604 | €871,921 | +€9,317 | +1.1% |
| Remuneration, social security and pensions | 62 | €3,924,381 | €3,672,540 | -€251,841 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,977 | €96,812 | +€2,835 | +3.0% |
| Other operating charges | 640/8 | €47,062 | €48,505 | +€1,443 | +3.1% |
| Non-recurring operating charges | 66A | €5,782 | €31,486 | +€25,704 | +444.6% |
| Gross operating margin | 9900 | €4,236,820 | €3,128,243 | -€1.1m | -26.2% |
| Operating profit (loss) | 9901 | €228,031 | -€747,500 | -€975,531 | |
| Financial income | 75/76B | €955,037 | €47,732 | -€907,305 | -95.0% |
| Recurring financial income | 75 | €955,037 | €47,732 | -€907,305 | -95.0% |
| Financial charges | 65/66B | €32,582 | €25,734 | -€6,848 | -21.0% |
| Recurring financial charges | 65 | €32,582 | €25,734 | -€6,848 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €1,150,486 | -€725,502 | -€1.9m | |
| Profit (loss) for the period | 9904 | €1,150,486 | -€725,502 | -€1.9m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,150,486 | -€725,502 | -€1.9m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.