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Eqqi Projects: 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

Eqqi Projects

BE 0847.410.410
NACE 46.389, Wholesale of other food products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€261
2024 · €9,016-€9,277
Equity
€255
2024 · €516-€261
Cash
€7,300
2024 · €7,572-€272
Balance sheet total
€22,967
2024 · €25,561-€2,593

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€2,305

    down €2,305 (-12.8%), from €17,973 to €15,668

    of which Trade receivables: -€2,305

  • Cash -€272

    down €272 (-3.6%), from €7,572 to €7,300

    mainly Other debts (-€3,190) and Tax, wage and social debts (-€726)

Equity and liabilities
  • Other debts -€3,190

    down €3,190 (-50.5%), from €6,316 to €3,127

  • Trade debts +€1,584

    up €1,584 (+9.8%), from €16,098 to €17,682

  • Tax, wage and social debts -€726

    down €726 (-27.6%), from €2,630 to €1,904

  • Profit (loss) carried forward -€261

    down €261 (-1.4%), from -€18,084 to -€18,345

Income statement
  • Gross operating margin -€9,329

    down €9,329 (-78.8%), from €11,842 to €2,513

  • Financial charges +€572

    up €572 (+269.6%), from €212 to €784

  • Taxes -€481

    down €481 (-51.1%), from €941 to €460

  • Depreciation -€274

    down €274 (-94.5%), from €290 to €16

From the 2024 result to the 2025 result

effect on the 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 €9,016
Gross operating margin -€9,329
Depreciation +€274
Other operating charges -€23
Financial income -€108
Financial charges -€572
Taxes +€481
Result 2025 -€261

Cash bridge derived

cash 2024 to 2025

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 -€272
Investment €0
Financing €0
Cash 2024 €7,572
Net result for the year -€261
Depreciation +€16
Receivables within one year +€2,305
Trade debts +€1,584
Tax, wage and social debts -€726
Other debts -€3,190
Cash 2025 €7,300
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €25,561 €22,967 -€2,593 -10.1%
Fixed assets 21/28 €16 - -€16
Tangible fixed assets 22/27 €16 - -€16
Plant, machinery and equipment 23 €16 - -€16
Current assets 29/58 €25,545 €22,967 -€2,578 -10.1%
Amounts receivable within one year 40/41 €17,973 €15,668 -€2,305 -12.8%
Trade receivables 40 €16,273 €13,968 -€2,305 -14.2%
Other amounts receivable 41 €1,700 €1,700 = 0.0%
Cash at bank and in hand 54/58 €7,572 €7,300 -€272 -3.6%
Total equity and liabilities 10/49 €25,561 €22,967 -€2,593 -10.1%
Equity 10/15 €516 €255 -€261 -50.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€18,084 -€18,345 -€261 -1.4%
Amounts payable 17/49 €25,045 €22,713 -€2,332 -9.3%
Amounts payable within one year 42/48 €25,045 €22,713 -€2,332 -9.3%
Trade debts 44 €16,098 €17,682 +€1,584 +9.8%
Suppliers 440/4 €16,098 €17,682 +€1,584 +9.8%
Taxes, remuneration and social security 45 €2,630 €1,904 -€726 -27.6%
Taxes 450/3 €2,630 €1,904 -€726 -27.6%
Other amounts payable 47/48 €6,316 €3,127 -€3,190 -50.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €290 €16 -€274 -94.5%
Other operating charges 640/8 €1,491 €1,514 +€23 +1.6%
Gross operating margin 9900 €11,842 €2,513 -€9,329 -78.8%
Operating profit (loss) 9901 €10,061 €983 -€9,078 -90.2%
Financial income 75/76B €108 €0 -€108 -100.0%
Recurring financial income 75 €108 €0 -€108 -100.0%
Financial charges 65/66B €212 €784 +€572 +269.6%
Recurring financial charges 65 €212 €784 +€572 +269.6%
Profit (loss) for the period before taxes 9903 €9,957 €199 -€9,758 -98.0%
Income taxes 67/77 €941 €460 -€481 -51.1%
Profit (loss) for the period 9904 €9,016 -€261 -€9,277
Profit (loss) for the period to be appropriated 9905 €9,016 -€261 -€9,277

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.