EQUI-MOVE: 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-MOVE
Largest movements
- Receivables within one year -€9,919
no longer reported in 2025 (was €9,919)
- Cash -€4,490
down €4,490 (-98.1%), from €4,576 to €86
mainly Other debts (-€8,167) and Net result for the year (-€3,812)
- Formation expenses -€520
no longer reported in 2025 (was €520)
- Intangible fixed assets +€260
new in 2025: €260
- Other debts -€8,167
down €8,167 (-2.5%), from €321,190 to €313,023
- Profit (loss) carried forward -€3,812
down €3,812 (-1.2%), from -€318,865 to -€322,677
- Trade debts -€2,690
no longer reported in 2025 (was €2,690)
- Gross operating margin +€108,751
up €108,751 (+95.3%), from -€114,055 to -€5,305
- Depreciation -€3,082
down €3,082 (-92.2%), from €3,342 to €260
- Financial income +€2,742
up €2,742 (+274156.0%), from €1 to €2,743
of which Non-recurring financial income: +€2,690
- Other operating charges -€1,767
down €1,767 (-72.2%), from €2,447 to €680
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 | €15,015 | €346 | -€14,669 | -97.7% |
| Formation expenses | 20 | €520 | - | -€520 | |
| Fixed assets | 21/28 | - | €260 | +€260 | |
| Intangible fixed assets | 21 | - | €260 | +€260 | |
| Current assets | 29/58 | €14,495 | €86 | -€14,409 | -99.4% |
| Amounts receivable within one year | 40/41 | €9,919 | - | -€9,919 | |
| Other amounts receivable | 41 | €9,919 | - | -€9,919 | |
| Cash at bank and in hand | 54/58 | €4,576 | €86 | -€4,490 | -98.1% |
| Total equity and liabilities | 10/49 | €15,015 | €346 | -€14,669 | -97.7% |
| Equity | 10/15 | -€308,865 | -€312,677 | -€3,812 | -1.2% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€318,865 | -€322,677 | -€3,812 | -1.2% |
| Amounts payable | 17/49 | €323,880 | €313,023 | -€10,857 | -3.4% |
| Amounts payable within one year | 42/48 | €323,880 | €313,023 | -€10,857 | -3.4% |
| Trade debts | 44 | €2,690 | - | -€2,690 | |
| Suppliers | 440/4 | €2,690 | - | -€2,690 | |
| Other amounts payable | 47/48 | €321,190 | €313,023 | -€8,167 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,342 | €260 | -€3,082 | -92.2% |
| Other operating charges | 640/8 | €2,447 | €680 | -€1,767 | -72.2% |
| Non-recurring operating charges | 66A | €35,523 | - | -€35,523 | |
| Gross operating margin | 9900 | -€114,055 | -€5,305 | +€108,751 | +95.3% |
| Operating profit (loss) | 9901 | -€155,367 | -€6,244 | +€149,123 | +96.0% |
| Financial income | 75/76B | €1 | €2,743 | +€2,742 | +274156.0% |
| Recurring financial income | 75 | €1 | €53 | +€52 | +5156.0% |
| Non-recurring financial income | 76B | - | €2,690 | +€2,690 | |
| Financial charges | 65/66B | €678 | €261 | -€417 | -61.5% |
| Recurring financial charges | 65 | €678 | €261 | -€417 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | -€156,044 | -€3,763 | +€152,281 | +97.6% |
| Income taxes | 67/77 | - | €49 | +€49 | |
| Profit (loss) for the period | 9904 | -€156,044 | -€3,812 | +€152,232 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€156,044 | -€3,812 | +€152,232 | +97.6% |
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 30 September 2026 via checked.be.