EQUALITY MANAGEMENT CONSULTING: 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.
EQUALITY MANAGEMENT CONSULTING
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€175,674
up €175,674 (+194.9%), from €90,118 to €265,792
mainly Current investments (+€200,000) and Net result for the year (+€105,588)
- Tangible fixed assets -€20,137
down €20,137 (-21.2%), from €94,825 to €74,688
of which Furniture and vehicles: -€17,933
- Receivables within one year -€18,479
down €18,479 (-89.7%), from €20,599 to €2,121
of which Trade receivables: -€18,479
- Reserves -€71,771
down €71,771 (-24.2%), from €296,852 to €225,081
- Tax, wage and social debts +€7,539
up €7,539 (+152.3%), from €4,951 to €12,490
- Gross operating margin +€14,121
up €14,121 (+10.2%), from €138,522 to €152,644
- Depreciation +€11,838
up €11,838 (+142.7%), from €8,299 to €20,137
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 | €407,285 | €344,534 | -€62,752 | -15.4% |
| Fixed assets | 21/28 | €94,825 | €74,688 | -€20,137 | -21.2% |
| Tangible fixed assets | 22/27 | €94,825 | €74,688 | -€20,137 | -21.2% |
| Plant, machinery and equipment | 23 | €13,751 | €11,548 | -€2,204 | -16.0% |
| Furniture and vehicles | 24 | €81,074 | €63,141 | -€17,933 | -22.1% |
| Current assets | 29/58 | €312,460 | €269,845 | -€42,615 | -13.6% |
| Amounts receivable within one year | 40/41 | €20,599 | €2,121 | -€18,479 | -89.7% |
| Trade receivables | 40 | €19,648 | €1,170 | -€18,479 | -94.0% |
| Other amounts receivable | 41 | €951 | €951 | = | 0.0% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €90,118 | €265,792 | +€175,674 | +194.9% |
| Deferred charges and accrued income | 490/1 | €1,743 | €1,933 | +€190 | +10.9% |
| Total equity and liabilities | 10/49 | €407,285 | €344,534 | -€62,752 | -15.4% |
| Equity | 10/15 | €297,102 | €225,331 | -€71,771 | -24.2% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €296,852 | €225,081 | -€71,771 | -24.2% |
| Distributable reserves | 133 | €296,852 | €225,081 | -€71,771 | -24.2% |
| Amounts payable | 17/49 | €110,183 | €119,202 | +€9,019 | +8.2% |
| Amounts payable within one year | 42/48 | €110,183 | €119,202 | +€9,019 | +8.2% |
| Trade debts | 44 | €975 | €1,124 | +€149 | +15.3% |
| Suppliers | 440/4 | €975 | €1,124 | +€149 | +15.3% |
| Taxes, remuneration and social security | 45 | €4,951 | €12,490 | +€7,539 | +152.3% |
| Taxes | 450/3 | €4,951 | €12,490 | +€7,539 | +152.3% |
| Other amounts payable | 47/48 | €104,257 | €105,588 | +€1,331 | +1.3% |
| Non-recurring operating income | 76A | €14,750 | - | -€14,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,299 | €20,137 | +€11,838 | +142.7% |
| Other operating charges | 640/8 | €250 | €310 | +€60 | +24.0% |
| Gross operating margin | 9900 | €138,522 | €152,644 | +€14,121 | +10.2% |
| Operating profit (loss) | 9901 | €129,973 | €132,196 | +€2,223 | +1.7% |
| Financial income | 75/76B | €4,235 | €4,294 | +€59 | +1.4% |
| Recurring financial income | 75 | €4,235 | €4,294 | +€59 | +1.4% |
| Financial charges | 65/66B | €127 | €114 | -€13 | -10.2% |
| Recurring financial charges | 65 | €127 | €114 | -€13 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €134,082 | €136,377 | +€2,295 | +1.7% |
| Income taxes | 67/77 | €29,825 | €30,788 | +€964 | +3.2% |
| Profit (loss) for the period | 9904 | €104,257 | €105,588 | +€1,331 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,257 | €105,588 | +€1,331 | +1.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.