Equi' Consult: 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.
Equi' Consult
Largest movements
- Tangible fixed assets +€15,954
up €15,954 (+24.4%), from €65,348 to €81,302
- Receivables within one year -€2,553
down €2,553 (-6.4%), from €39,810 to €37,257
of which Trade receivables: -€4,932
- Other debts +€23,522
up €23,522 (+55.3%), from €42,511 to €66,033
- Profit (loss) carried forward -€17,734
down €17,734 (-40.7%), from €43,556 to €25,822
- Current portion of long-term debt +€9,706
up €9,706 (+64.0%), from €15,167 to €24,873
- Debts after one year +€4,102
up €4,102 (+26.7%), from €15,335 to €19,437
- Tax, wage and social debts -€2,942
down €2,942 (-99.9%), from €2,945 to €3
- Gross operating margin +€17,155
up €17,155 (+19.4%), from €88,253 to €105,408
- Depreciation +€3,624
up €3,624 (+14.9%), from €24,336 to €27,960
- Taxes +€3,186
up €3,186 (+20.9%), from €15,265 to €18,452
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 | €165,172 | €180,199 | +€15,027 | +9.1% |
| Fixed assets | 21/28 | €65,390 | €81,344 | +€15,954 | +24.4% |
| Tangible fixed assets | 22/27 | €65,348 | €81,302 | +€15,954 | +24.4% |
| Furniture and vehicles | 24 | €65,348 | €81,302 | +€15,954 | +24.4% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €99,782 | €98,855 | -€927 | -0.9% |
| Stocks and contracts in progress | 3 | €35,111 | €36,676 | +€1,565 | +4.5% |
| Stocks | 30/36 | €35,111 | €36,676 | +€1,565 | +4.5% |
| Amounts receivable within one year | 40/41 | €39,810 | €37,257 | -€2,553 | -6.4% |
| Trade receivables | 40 | €39,810 | €34,878 | -€4,932 | -12.4% |
| Other amounts receivable | 41 | - | €2,380 | +€2,380 | |
| Cash at bank and in hand | 54/58 | €22,182 | €21,703 | -€480 | -2.2% |
| Deferred charges and accrued income | 490/1 | €2,678 | €3,219 | +€540 | +20.2% |
| Total equity and liabilities | 10/49 | €165,172 | €180,199 | +€15,027 | +9.1% |
| Equity | 10/15 | €74,857 | €57,122 | -€17,734 | -23.7% |
| Contributions | 10/11 | €31,300 | €31,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,556 | €25,822 | -€17,734 | -40.7% |
| Amounts payable | 17/49 | €90,316 | €123,077 | +€32,761 | +36.3% |
| Amounts payable after more than one year | 17 | €15,335 | €19,437 | +€4,102 | +26.7% |
| Financial debts | 170/4 | €15,335 | €19,437 | +€4,102 | +26.7% |
| Amounts payable within one year | 42/48 | €74,981 | €103,640 | +€28,659 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €15,167 | €24,873 | +€9,706 | +64.0% |
| Trade debts | 44 | €14,359 | €12,732 | -€1,627 | -11.3% |
| Suppliers | 440/4 | €14,359 | €12,732 | -€1,627 | -11.3% |
| Taxes, remuneration and social security | 45 | €2,945 | €3 | -€2,942 | -99.9% |
| Taxes | 450/3 | €2,945 | €3 | -€2,942 | -99.9% |
| Other amounts payable | 47/48 | €42,511 | €66,033 | +€23,522 | +55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,336 | €27,960 | +€3,624 | +14.9% |
| Other operating charges | 640/8 | €461 | €1,061 | +€600 | +130.3% |
| Non-recurring operating charges | 66A | €976 | €100 | -€876 | -89.8% |
| Gross operating margin | 9900 | €88,253 | €105,408 | +€17,155 | +19.4% |
| Operating profit (loss) | 9901 | €62,481 | €76,287 | +€13,806 | +22.1% |
| Financial income | 75/76B | €54 | €146 | +€92 | +170.9% |
| Recurring financial income | 75 | €54 | €146 | +€92 | +170.9% |
| Financial charges | 65/66B | €2,404 | €2,159 | -€245 | -10.2% |
| Recurring financial charges | 65 | €2,404 | €2,159 | -€245 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €60,131 | €74,274 | +€14,143 | +23.5% |
| Income taxes | 67/77 | €15,265 | €18,452 | +€3,186 | +20.9% |
| Profit (loss) for the period | 9904 | €44,865 | €55,822 | +€10,957 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,865 | €55,822 | +€10,957 | +24.4% |
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 6 October 2026 via checked.be.