eQual IT: 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.
eQual IT
Largest movements
- Receivables within one year -€11,106
down €11,106 (-35.1%), from €31,678 to €20,572
of which Other amounts receivable: -€13,823
- Tangible fixed assets +€957
up €957, from €0 to €957
of which Furniture and vehicles: +€957
- Profit (loss) carried forward -€35,989
no longer reported in 2025 (was €35,989)
- Other debts +€28,214
up €28,214 (+97.3%), from €29,000 to €57,214
- Tax, wage and social debts -€1,743
down €1,743 (-19.4%), from €8,978 to €7,235
- Taxes +€5,637
up €5,637 (+36.0%), from €15,638 to €21,275
- Gross operating margin -€1,684
down €1,684 (-2.1%), from €81,492 to €79,808
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 | €76,592 | €66,347 | -€10,246 | -13.4% |
| Fixed assets | 21/28 | €0 | €957 | +€957 | |
| Tangible fixed assets | 22/27 | €0 | €957 | +€957 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €957 | +€957 | |
| Current assets | 29/58 | €76,592 | €65,390 | -€11,203 | -14.6% |
| Amounts receivable within one year | 40/41 | €31,678 | €20,572 | -€11,106 | -35.1% |
| Trade receivables | 40 | €13,262 | €15,978 | +€2,716 | +20.5% |
| Other amounts receivable | 41 | €18,417 | €4,594 | -€13,823 | -75.1% |
| Cash at bank and in hand | 54/58 | €42,821 | €43,051 | +€230 | +0.5% |
| Deferred charges and accrued income | 490/1 | €2,093 | €1,766 | -€326 | -15.6% |
| Total equity and liabilities | 10/49 | €76,592 | €66,347 | -€10,246 | -13.4% |
| Equity | 10/15 | €36,489 | €500 | -€35,989 | -98.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,989 | - | -€35,989 | |
| Amounts payable | 17/49 | €40,103 | €65,847 | +€25,743 | +64.2% |
| Amounts payable within one year | 42/48 | €40,103 | €65,847 | +€25,743 | +64.2% |
| Trade debts | 44 | €2,125 | €1,397 | -€728 | -34.3% |
| Suppliers | 440/4 | €2,125 | €1,397 | -€728 | -34.3% |
| Taxes, remuneration and social security | 45 | €8,978 | €7,235 | -€1,743 | -19.4% |
| Taxes | 450/3 | €8,978 | €7,235 | -€1,743 | -19.4% |
| Other amounts payable | 47/48 | €29,000 | €57,214 | +€28,214 | +97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €25 | +€25 | |
| Other operating charges | 640/8 | €703 | €640 | -€63 | -8.9% |
| Non-recurring operating charges | 66A | €361 | €58 | -€303 | -83.9% |
| Gross operating margin | 9900 | €81,492 | €79,808 | -€1,684 | -2.1% |
| Operating profit (loss) | 9901 | €80,428 | €79,085 | -€1,343 | -1.7% |
| Financial income | 75/76B | €1,123 | €337 | -€785 | -69.9% |
| Recurring financial income | 75 | €1,123 | €337 | -€785 | -69.9% |
| Financial charges | 65/66B | €924 | €933 | +€9 | +1.0% |
| Recurring financial charges | 65 | €924 | €933 | +€9 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €80,627 | €78,489 | -€2,138 | -2.7% |
| Income taxes | 67/77 | €15,638 | €21,275 | +€5,637 | +36.0% |
| Profit (loss) for the period | 9904 | €64,989 | €57,214 | -€7,775 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,989 | €57,214 | -€7,775 | -12.0% |
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 7 October 2026 via checked.be.