EQMM: 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.
EQMM
Largest movements
- Financial fixed assets +€3.0m
up €3.0m (+49.0%), from €6.1m to €9.1m
- Receivables within one year -€421,800
down €421,800 (-99.2%), from €425,356 to €3,557
- Contributions +€3.0m
up €3.0m (+48.2%), from €6.2m to €9.2m
- Other debts -€286,768
no longer reported in 2025 (was €286,768)
- Debts after one year -€130,000
down €130,000 (-56.5%), from €230,000 to €100,000
- Gross operating margin -€43,510
down €43,510, from €39,304 to -€4,206
- Financial charges -€1,353
down €1,353 (-20.7%), from €6,522 to €5,168
- Other operating charges +€1,284
up €1,284 (+331.4%), from €387 to €1,671
- Financial income +€942
up €942 (+32.9%), from €2,865 to €3,807
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 | €6,556,020 | €9,120,554 | +€2.6m | +39.1% |
| Fixed assets | 21/28 | €6,100,004 | €9,087,218 | +€3.0m | +49.0% |
| Financial fixed assets | 28 | €6,100,004 | €9,087,218 | +€3.0m | +49.0% |
| Current assets | 29/58 | €456,016 | €33,336 | -€422,681 | -92.7% |
| Amounts receivable within one year | 40/41 | €425,356 | €3,557 | -€421,800 | -99.2% |
| Other amounts receivable | 41 | €425,356 | €3,557 | -€421,800 | -99.2% |
| Cash at bank and in hand | 54/58 | €27,795 | €26,659 | -€1,136 | -4.1% |
| Deferred charges and accrued income | 490/1 | €2,865 | €3,120 | +€255 | +8.9% |
| Total equity and liabilities | 10/49 | €6,556,020 | €9,120,554 | +€2.6m | +39.1% |
| Equity | 10/15 | €6,032,720 | €9,012,695 | +€3.0m | +49.4% |
| Contributions | 10/11 | €6,200,000 | €9,187,214 | +€3.0m | +48.2% |
| Profit (loss) carried forward | 14 | -€167,280 | -€174,519 | -€7,238 | -4.3% |
| Amounts payable | 17/49 | €523,301 | €107,859 | -€415,442 | -79.4% |
| Amounts payable after more than one year | 17 | €230,000 | €100,000 | -€130,000 | -56.5% |
| Financial debts | 170/4 | €230,000 | €100,000 | -€130,000 | -56.5% |
| Amounts payable within one year | 42/48 | €286,832 | €130 | -€286,702 | -100.0% |
| Trade debts | 44 | €64 | €130 | +€66 | +103.0% |
| Suppliers | 440/4 | €64 | €130 | +€66 | +103.0% |
| Other amounts payable | 47/48 | €286,768 | - | -€286,768 | |
| Accrued charges and deferred income | 492/3 | €6,469 | €7,729 | +€1,260 | +19.5% |
| Non-recurring operating income | 76A | €40,130 | - | -€40,130 | |
| Other operating charges | 640/8 | €387 | €1,671 | +€1,284 | +331.4% |
| Gross operating margin | 9900 | €39,304 | -€4,206 | -€43,510 | |
| Operating profit (loss) | 9901 | €38,917 | -€5,877 | -€44,794 | |
| Financial income | 75/76B | €2,865 | €3,807 | +€942 | +32.9% |
| Recurring financial income | 75 | €2,865 | €3,807 | +€942 | +32.9% |
| Financial charges | 65/66B | €6,522 | €5,168 | -€1,353 | -20.7% |
| Recurring financial charges | 65 | €6,522 | €5,168 | -€1,353 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €35,261 | -€7,238 | -€42,499 | |
| Profit (loss) for the period | 9904 | €35,261 | -€7,238 | -€42,499 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,261 | -€7,238 | -€42,499 |
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 29 September 2026 via checked.be.