EQUI-BUILD: 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.
EQUI-BUILD
Largest movements
- Cash -€968
down €968 (-59.7%), from €1,623 to €655
mainly Net result for the year (-€656) and Investment in fixed assets (net) (-€536)
- Tangible fixed assets +€413
new in 2025: €413
- Receivables within one year +€264
up €264 (+16.9%), from €1,565 to €1,829
of which Trade receivables: +€735
- Deferred charges and accrued income +€249
up €249 (+39.1%), from €636 to €885
- Profit (loss) carried forward -€656
down €656 (-14.8%), from -€4,439 to -€5,095
- Trade debts +€614
up €614 (+179.8%), from €342 to €956
- Gross operating margin -€2,785
down €2,785 (-91.3%), from €3,051 to €266
- Depreciation +€123
new in 2025: €123
- Other operating charges +€110
up €110 (+16.8%), from €655 to €765
- Financial income +€36
up €36, from €0 to €36
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 | €3,959 | €3,917 | -€42 | -1.1% |
| Fixed assets | 21/28 | €135 | €548 | +€413 | +306.2% |
| Tangible fixed assets | 22/27 | - | €413 | +€413 | |
| Furniture and vehicles | 24 | - | €413 | +€413 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €3,824 | €3,369 | -€455 | -11.9% |
| Amounts receivable within one year | 40/41 | €1,565 | €1,829 | +€264 | +16.9% |
| Trade receivables | 40 | €0 | €735 | +€735 | |
| Other amounts receivable | 41 | €1,565 | €1,094 | -€471 | -30.1% |
| Cash at bank and in hand | 54/58 | €1,623 | €655 | -€968 | -59.7% |
| Deferred charges and accrued income | 490/1 | €636 | €885 | +€249 | +39.1% |
| Total equity and liabilities | 10/49 | €3,959 | €3,917 | -€42 | -1.1% |
| Equity | 10/15 | €3,617 | €2,961 | -€656 | -18.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,439 | -€5,095 | -€656 | -14.8% |
| Amounts payable | 17/49 | €342 | €956 | +€614 | +179.8% |
| Amounts payable within one year | 42/48 | €342 | €956 | +€614 | +179.8% |
| Trade debts | 44 | €342 | €956 | +€614 | +179.8% |
| Suppliers | 440/4 | €342 | €956 | +€614 | +179.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €123 | +€123 | |
| Other operating charges | 640/8 | €655 | €765 | +€110 | +16.8% |
| Gross operating margin | 9900 | €3,051 | €266 | -€2,785 | -91.3% |
| Operating profit (loss) | 9901 | €2,396 | -€622 | -€3,018 | |
| Financial income | 75/76B | €0 | €36 | +€36 | |
| Recurring financial income | 75 | €0 | €36 | +€36 | |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €2,327 | -€656 | -€2,983 | |
| Profit (loss) for the period | 9904 | €2,327 | -€656 | -€2,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,327 | -€656 | -€2,983 |
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.