EQUI KB'S: 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 KB'S
Largest movements
- Stocks and contracts -€61,830
down €61,830 (-14.9%), from €415,960 to €354,130
- Tangible fixed assets -€34,587
down €34,587 (-10.4%), from €332,105 to €297,518
of which Furniture and vehicles: -€17,772
- Cash -€18,970
down €18,970 (-27.9%), from €67,919 to €48,948
mainly Debts after one year (-€90,220) and Other debts (-€50,000)
- Deferred charges and accrued income +€13,837
up €13,837 (+162%), from €8,555 to €22,391
- Current investments +€13,618
up €13,618 (+36.2%), from €37,648 to €51,266
- Debts after one year -€90,220
down €90,220 (-22.4%), from €401,877 to €311,657
- Trade debts +€58,642
up €58,642 (+26.9%), from €217,666 to €276,307
- Other debts -€50,000
down €50,000 (-34.5%), from €145,087 to €95,087
- Purchases and services +€249,228
up €249,228 (+10.6%), from €2.3m to €2.6m
- Gross operating margin -€142,456
down €142,456 (-23.0%), from €619,595 to €477,139
- Turnover +€129,238
up €129,238 (+4.4%), from €2.9m to €3.1m
- Staff costs +€55,291
up €55,291 (+16.2%), from €341,264 to €396,555
- Taxes -€47,306
down €47,306 (-86.6%), from €54,627 to €7,320
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 | €1,353,375 | €1,258,121 | -€95,253 | -7.0% |
| Fixed assets | 21/28 | €332,179 | €297,592 | -€34,587 | -10.4% |
| Tangible fixed assets | 22/27 | €332,105 | €297,518 | -€34,587 | -10.4% |
| Land and buildings | 22 | €255,911 | €240,314 | -€15,598 | -6.1% |
| Plant, machinery and equipment | 23 | €2,910 | €1,692 | -€1,218 | -41.8% |
| Furniture and vehicles | 24 | €73,283 | €55,512 | -€17,772 | -24.3% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €1,021,195 | €960,529 | -€60,666 | -5.9% |
| Stocks and contracts in progress | 3 | €415,960 | €354,130 | -€61,830 | -14.9% |
| Stocks | 30/36 | €415,960 | €354,130 | -€61,830 | -14.9% |
| Amounts receivable within one year | 40/41 | €491,114 | €483,794 | -€7,320 | -1.5% |
| Trade receivables | 40 | €327,914 | €310,701 | -€17,212 | -5.2% |
| Other amounts receivable | 41 | €163,201 | €173,093 | +€9,892 | +6.1% |
| Current investments | 50/53 | €37,648 | €51,266 | +€13,618 | +36.2% |
| Cash at bank and in hand | 54/58 | €67,919 | €48,948 | -€18,970 | -27.9% |
| Deferred charges and accrued income | 490/1 | €8,555 | €22,391 | +€13,837 | +162% |
| Total equity and liabilities | 10/49 | €1,353,375 | €1,258,121 | -€95,253 | -7.0% |
| Equity | 10/15 | €413,029 | €415,742 | +€2,713 | +0.7% |
| Contributions | 10/11 | €24,839 | €24,839 | = | 0.0% |
| Reserves | 13 | €2,484 | €2,484 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,484 | €2,484 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,484 | €2,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | €385,706 | €388,419 | +€2,713 | +0.7% |
| Amounts payable | 17/49 | €940,345 | €842,379 | -€97,966 | -10.4% |
| Amounts payable after more than one year | 17 | €401,877 | €311,657 | -€90,220 | -22.4% |
| Financial debts | 170/4 | €401,877 | €311,657 | -€90,220 | -22.4% |
| Amounts payable within one year | 42/48 | €538,469 | €530,722 | -€7,746 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €113,113 | €104,180 | -€8,933 | -7.9% |
| Trade debts | 44 | €217,666 | €276,307 | +€58,642 | +26.9% |
| Suppliers | 440/4 | €217,666 | €276,307 | +€58,642 | +26.9% |
| Taxes, remuneration and social security | 45 | €62,603 | €55,148 | -€7,455 | -11.9% |
| Taxes | 450/3 | €16,269 | €15,781 | -€488 | -3.0% |
| Remuneration and social security | 454/9 | €46,334 | €39,367 | -€6,967 | -15.0% |
| Other amounts payable | 47/48 | €145,087 | €95,087 | -€50,000 | -34.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €2,933,311 | €3,062,549 | +€129,238 | +4.4% |
| Non-recurring operating income | 76A | €5,581 | €7,500 | +€1,919 | +34.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,343,662 | €2,592,890 | +€249,228 | +10.6% |
| Remuneration, social security and pensions | 62 | €341,264 | €396,555 | +€55,291 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,526 | €52,117 | +€1,591 | +3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €476 | €1,928 | +€1,452 | +305% |
| Other operating charges | 640/8 | €5,305 | €6,281 | +€976 | +18.4% |
| Gross operating margin | 9900 | €619,595 | €477,139 | -€142,456 | -23.0% |
| Operating profit (loss) | 9901 | €222,024 | €20,258 | -€201,766 | -90.9% |
| Financial income | 75/76B | €3,207 | €3,979 | +€772 | +24.1% |
| Recurring financial income | 75 | €3,207 | €3,979 | +€772 | +24.1% |
| Financial charges | 65/66B | €15,256 | €14,204 | -€1,052 | -6.9% |
| Recurring financial charges | 65 | €15,256 | €14,204 | -€1,052 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €209,975 | €10,033 | -€199,942 | -95.2% |
| Income taxes | 67/77 | €54,627 | €7,320 | -€47,306 | -86.6% |
| Profit (loss) for the period | 9904 | €155,348 | €2,713 | -€152,636 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €155,348 | €2,713 | -€152,636 | -98.3% |
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 16 October 2026 via checked.be.