Equi-Face: 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-Face
Largest movements
- Receivables within one year -€63,926
down €63,926 (-67.7%), from €94,406 to €30,480
of which Other amounts receivable: -€35,904
- Tangible fixed assets -€12,477
down €12,477 (-28.5%), from €43,834 to €31,356
of which Land and buildings: -€10,081
- Deferred charges and accrued income -€4,971
down €4,971 (-99.2%), from €5,010 to €39
- Trade debts -€28,816
no longer reported in 2025 (was €28,816)
- Other debts -€28,437
no longer reported in 2025 (was €28,437)
- Profit (loss) carried forward -€24,221
down €24,221 (-49.3%), from €49,103 to €24,883
- Gross operating margin -€40,490
down €40,490, from €36,367 to -€4,124
- Taxes -€8,301
down €8,301, from €8,264 to -€38
- Depreciation -€4,087
down €4,087 (-24.7%), from €16,564 to €12,477
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 | €247,709 | €165,352 | -€82,357 | -33.2% |
| Fixed assets | 21/28 | €43,834 | €31,356 | -€12,477 | -28.5% |
| Tangible fixed assets | 22/27 | €43,834 | €31,356 | -€12,477 | -28.5% |
| Land and buildings | 22 | €39,002 | €28,921 | -€10,081 | -25.8% |
| Plant, machinery and equipment | 23 | €4,309 | €2,369 | -€1,940 | -45.0% |
| Furniture and vehicles | 24 | €522 | €66 | -€456 | -87.3% |
| Current assets | 29/58 | €203,875 | €133,995 | -€69,880 | -34.3% |
| Stocks and contracts in progress | 3 | €103,000 | €103,000 | = | 0.0% |
| Stocks | 30/36 | €103,000 | €103,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €94,406 | €30,480 | -€63,926 | -67.7% |
| Trade receivables | 40 | €42,336 | €14,314 | -€28,022 | -66.2% |
| Other amounts receivable | 41 | €52,070 | €16,165 | -€35,904 | -69.0% |
| Cash at bank and in hand | 54/58 | €1,459 | €477 | -€982 | -67.3% |
| Deferred charges and accrued income | 490/1 | €5,010 | €39 | -€4,971 | -99.2% |
| Total equity and liabilities | 10/49 | €247,709 | €165,352 | -€82,357 | -33.2% |
| Equity | 10/15 | €188,468 | €164,248 | -€24,221 | -12.9% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €75,365 | €75,365 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,965 | €28,965 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,103 | €24,883 | -€24,221 | -49.3% |
| Amounts payable | 17/49 | €59,240 | €1,104 | -€58,136 | -98.1% |
| Amounts payable within one year | 42/48 | €59,240 | €1,104 | -€58,136 | -98.1% |
| Current portion of amounts payable after more than one year | 42 | €1,302 | - | -€1,302 | |
| Trade debts | 44 | €28,816 | - | -€28,816 | |
| Suppliers | 440/4 | €28,816 | - | -€28,816 | |
| Taxes, remuneration and social security | 45 | €686 | €1,104 | +€419 | +61.0% |
| Taxes | 450/3 | €686 | €1,104 | +€419 | +61.0% |
| Other amounts payable | 47/48 | €28,437 | - | -€28,437 | |
| Non-recurring operating income | 76A | - | €5,830 | +€5,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,564 | €12,477 | -€4,087 | -24.7% |
| Other operating charges | 640/8 | €5,916 | €5,876 | -€40 | -0.7% |
| Gross operating margin | 9900 | €36,367 | -€4,124 | -€40,490 | |
| Operating profit (loss) | 9901 | €13,887 | -€22,477 | -€36,363 | |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €1,829 | €1,782 | -€47 | -2.6% |
| Recurring financial charges | 65 | €1,829 | €1,782 | -€47 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €12,092 | -€24,258 | -€36,350 | |
| Income taxes | 67/77 | €8,264 | -€38 | -€8,301 | |
| Profit (loss) for the period | 9904 | €3,828 | -€24,221 | -€28,049 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,828 | -€24,221 | -€28,049 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.