EQUCIBUS HOLDING: 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.
EQUCIBUS HOLDING
Largest movements
- Receivables after one year +€210,736
up €210,736 (+80.5%), from €261,724 to €472,460
- Other debts +€236,769
up €236,769 (+9.5%), from €2.5m to €2.7m
- Financial income +€7,832
up €7,832 (+56.1%), from €13,961 to €21,793
- Financial charges +€4,361
up €4,361 (+13.9%), from €31,282 to €35,643
- Gross operating margin +€2,501
up €2,501 (+43.6%), from -€5,738 to -€3,237
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.
Derived cash bridge
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 | €5,646,359 | €5,865,753 | +€219,394 | +3.9% |
| Fixed assets | 21/28 | €5,384,532 | €5,393,207 | +€8,674 | +0.2% |
| Financial fixed assets | 28 | €5,384,532 | €5,393,207 | +€8,674 | +0.2% |
| Current assets | 29/58 | €261,827 | €472,546 | +€210,719 | +80.5% |
| Amounts receivable after more than one year | 29 | €261,724 | €472,460 | +€210,736 | +80.5% |
| Other amounts receivable | 291 | €261,724 | €472,460 | +€210,736 | +80.5% |
| Cash at bank and in hand | 54/58 | €102 | €86 | -€16 | -16.1% |
| Total equity and liabilities | 10/49 | €5,646,359 | €5,865,753 | +€219,394 | +3.9% |
| Equity | 10/15 | €3,158,090 | €3,139,698 | -€18,391 | -0.6% |
| Contributions | 10/11 | €2,562,000 | €2,562,000 | = | 0.0% |
| Reserves | 13 | €596,090 | €577,698 | -€18,391 | -3.1% |
| Distributable reserves | 133 | €596,090 | €577,698 | -€18,391 | -3.1% |
| Amounts payable | 17/49 | €2,488,269 | €2,726,055 | +€237,785 | +9.6% |
| Amounts payable within one year | 42/48 | €2,488,269 | €2,726,055 | +€237,785 | +9.6% |
| Trade debts | 44 | €126 | €1,142 | +€1,016 | +807% |
| Suppliers | 440/4 | €126 | €1,142 | +€1,016 | +807% |
| Other amounts payable | 47/48 | €2,488,143 | €2,724,912 | +€236,769 | +9.5% |
| Other operating charges | 640/8 | €1,307 | €1,304 | -€3 | -0.2% |
| Gross operating margin | 9900 | -€5,738 | -€3,237 | +€2,501 | +43.6% |
| Operating profit (loss) | 9901 | -€7,045 | -€4,542 | +€2,503 | +35.5% |
| Financial income | 75/76B | €13,961 | €21,793 | +€7,832 | +56.1% |
| Recurring financial income | 75 | €13,961 | €21,793 | +€7,832 | +56.1% |
| Financial charges | 65/66B | €31,282 | €35,643 | +€4,361 | +13.9% |
| Recurring financial charges | 65 | €31,282 | €35,643 | +€4,361 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,366 | -€18,391 | +€5,975 | +24.5% |
| Profit (loss) for the period | 9904 | -€24,366 | -€18,391 | +€5,975 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,366 | -€18,391 | +€5,975 | +24.5% |
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 24 October 2026 via checked.be.