EQO: 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.
EQO
Largest movements
- Cash +€24,763
up €24,763 (+124%), from €19,998 to €44,760
mainly Trade debts (+€20,505) and Net result for the year (+€17,293)
- Receivables within one year +€8,046
up €8,046 (+45.2%), from €17,804 to €25,850
of which Trade receivables: +€4,172
- Stocks and contracts +€4,186
up €4,186 (+22.2%), from €18,898 to €23,085
- Trade debts +€20,505
up €20,505 (+91.4%), from €22,422 to €42,926
- Reserves +€17,293
up €17,293 (+125%), from €13,787 to €31,080
- Gross operating margin +€15,303
up €15,303 (+209%), from €7,315 to €22,618
- Taxes +€4,584
up €4,584 (+306%), from €1,500 to €6,084
- Financial income +€586
up €586 (+52.8%), from €1,109 to €1,695
- Financial charges -€516
down €516 (-76.0%), from €679 to €163
- Other operating charges +€260
up €260 (+50.7%), from €514 to €774
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,700 | €93,695 | +€36,995 | +65.2% |
| Current assets | 29/58 | €56,700 | €93,695 | +€36,995 | +65.2% |
| Stocks and contracts in progress | 3 | €18,898 | €23,085 | +€4,186 | +22.2% |
| Contracts in progress | 37 | €18,898 | €23,085 | +€4,186 | +22.2% |
| Amounts receivable within one year | 40/41 | €17,804 | €25,850 | +€8,046 | +45.2% |
| Trade receivables | 40 | €9,147 | €13,319 | +€4,172 | +45.6% |
| Other amounts receivable | 41 | €8,657 | €12,530 | +€3,874 | +44.8% |
| Cash at bank and in hand | 54/58 | €19,998 | €44,760 | +€24,763 | +124% |
| Total equity and liabilities | 10/49 | €56,700 | €93,695 | +€36,995 | +65.2% |
| Equity | 10/15 | €17,787 | €35,080 | +€17,293 | +97.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €13,787 | €31,080 | +€17,293 | +125% |
| Distributable reserves | 133 | €13,787 | €31,080 | +€17,293 | +125% |
| Amounts payable | 17/49 | €38,913 | €58,615 | +€19,702 | +50.6% |
| Amounts payable within one year | 42/48 | €38,013 | €58,615 | +€20,602 | +54.2% |
| Trade debts | 44 | €22,422 | €42,926 | +€20,505 | +91.4% |
| Suppliers | 440/4 | €22,422 | €42,926 | +€20,505 | +91.4% |
| Taxes, remuneration and social security | 45 | €1,210 | €1,500 | +€290 | +24.0% |
| Taxes | 450/3 | €10 | €0 | -€10 | -100% |
| Remuneration and social security | 454/9 | €1,200 | €1,500 | +€300 | +25.0% |
| Other amounts payable | 47/48 | €14,381 | €14,188 | -€193 | -1.3% |
| Accrued charges and deferred income | 492/3 | €900 | €0 | -€900 | -100% |
| Other operating charges | 640/8 | €514 | €774 | +€260 | +50.7% |
| Gross operating margin | 9900 | €7,315 | €22,618 | +€15,303 | +209% |
| Operating profit (loss) | 9901 | €6,801 | €21,844 | +€15,043 | +221% |
| Financial income | 75/76B | €1,109 | €1,695 | +€586 | +52.8% |
| Recurring financial income | 75 | €1,109 | €1,695 | +€586 | +52.8% |
| Financial charges | 65/66B | €679 | €163 | -€516 | -76.0% |
| Recurring financial charges | 65 | €679 | €163 | -€516 | -76.0% |
| Profit (loss) for the period before taxes | 9903 | €7,231 | €23,377 | +€16,145 | +223% |
| Income taxes | 67/77 | €1,500 | €6,084 | +€4,584 | +306% |
| Profit (loss) for the period | 9904 | €5,732 | €17,293 | +€11,561 | +202% |
| Profit (loss) for the period to be appropriated | 9905 | €5,732 | €17,293 | +€11,561 | +202% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.