EQSTUDS: 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.
EQSTUDS
Largest movements
- Receivables within one year -€145,861
down €145,861 (-97.6%), from €149,469 to €3,609
of which Other amounts receivable: -€145,701
- Intangible fixed assets -€5,236
no longer reported in 2024 (was €5,236)
- Stocks and contracts -€2,950
no longer reported in 2024 (was €2,950)
- Other debts -€145,663
down €145,663 (-54.9%), from €265,237 to €119,574
- Profit (loss) carried forward -€14,464
down €14,464 (-9.5%), from -€152,419 to -€166,884
- Trade debts +€5,818
up €5,818 (+25.9%), from €22,436 to €28,254
- Gross operating margin +€16,017
up €16,017 (+69.0%), from -€23,218 to -€7,201
- Other operating charges -€1,360
down €1,360 (-73.1%), from €1,860 to €500
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,546 | €4,714 | -€154,833 | -97.0% |
| Fixed assets | 21/28 | €7,117 | €1,105 | -€6,013 | -84.5% |
| Intangible fixed assets | 21 | €5,236 | - | -€5,236 | |
| Tangible fixed assets | 22/27 | €1,882 | €1,105 | -€777 | -41.3% |
| Plant, machinery and equipment | 23 | €1,882 | €1,105 | -€777 | -41.3% |
| Current assets | 29/58 | €152,429 | €3,609 | -€148,820 | -97.6% |
| Stocks and contracts in progress | 3 | €2,950 | - | -€2,950 | |
| Stocks | 30/36 | €2,950 | - | -€2,950 | |
| Amounts receivable within one year | 40/41 | €149,469 | €3,609 | -€145,861 | -97.6% |
| Trade receivables | 40 | €160 | - | -€160 | |
| Other amounts receivable | 41 | €149,310 | €3,609 | -€145,701 | -97.6% |
| Cash at bank and in hand | 54/58 | €10 | - | -€10 | |
| Total equity and liabilities | 10/49 | €159,546 | €4,714 | -€154,833 | -97.0% |
| Equity | 10/15 | -€133,869 | -€148,334 | -€14,464 | -10.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,419 | -€166,884 | -€14,464 | -9.5% |
| Amounts payable | 17/49 | €293,416 | €153,047 | -€140,369 | -47.8% |
| Amounts payable within one year | 42/48 | €292,669 | €153,030 | -€139,639 | -47.7% |
| Financial debts | 43 | €4,996 | €5,202 | +€206 | +4.1% |
| Credit institutions | 430/8 | €4,996 | €5,202 | +€206 | +4.1% |
| Trade debts | 44 | €22,436 | €28,254 | +€5,818 | +25.9% |
| Suppliers | 440/4 | €22,436 | €28,254 | +€5,818 | +25.9% |
| Other amounts payable | 47/48 | €265,237 | €119,574 | -€145,663 | -54.9% |
| Accrued charges and deferred income | 492/3 | €747 | €17 | -€730 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,027 | €6,013 | -€14 | -0.2% |
| Other operating charges | 640/8 | €1,860 | €500 | -€1,360 | -73.1% |
| Non-recurring operating charges | 66A | €4,764 | - | -€4,764 | |
| Gross operating margin | 9900 | -€23,218 | -€7,201 | +€16,017 | +69.0% |
| Operating profit (loss) | 9901 | -€35,869 | -€13,714 | +€22,155 | +61.8% |
| Financial charges | 65/66B | €939 | €750 | -€188 | -20.1% |
| Recurring financial charges | 65 | €939 | €750 | -€188 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€36,808 | -€14,464 | +€22,344 | +60.7% |
| Profit (loss) for the period | 9904 | -€36,808 | -€14,464 | +€22,344 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,808 | -€14,464 | +€22,344 | +60.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.