EQUIFI: 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.
EQUIFI
Largest movements
- Tangible fixed assets -€66,375
down €66,375 (-89.9%), from €73,863 to €7,487
of which Plant, machinery and equipment: -€62,338
- Cash -€16,224
down €16,224 (-98.1%), from €16,542 to €318
mainly Debts after one year (-€229,000) and Receivables within one year (-€8,480)
- Receivables within one year +€8,480
up €8,480 (+92.4%), from €9,175 to €17,655
of which Other amounts receivable: +€9,669
- Stocks and contracts -€2,500
down €2,500 (-100.0%), from €2,500 to €0
- Debts after one year -€229,000
down €229,000 (-100.0%), from €229,000 to €0
- Profit (loss) carried forward +€161,836
up €161,836 (+95.8%), from -€168,965 to -€7,128
- Other debts -€6,247
down €6,247 (-100.0%), from €6,247 to €0
- Trade debts -€5,668
down €5,668 (-49.0%), from €11,574 to €5,907
- Accrued charges and deferred income +€3,266
up €3,266 (+205.3%), from €1,591 to €4,857
- Gross operating margin +€241,468
up €241,468, from -€10,377 to €231,091
- Depreciation +€43,446
up €43,446 (+187.1%), from €23,216 to €66,663
- Financial income +€2,997
up €2,997 (+29969200.0%), from €0 to €2,997
of which Non-recurring financial income: +€2,500
- Write-downs -€2,500
down €2,500 (-100.0%), from €2,500 to €0
- Taxes +€2,446
up €2,446 (+3375.2%), from €72 to €2,519
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 | €102,080 | €25,536 | -€76,544 | -75.0% |
| Fixed assets | 21/28 | €73,863 | €7,487 | -€66,375 | -89.9% |
| Tangible fixed assets | 22/27 | €73,863 | €7,487 | -€66,375 | -89.9% |
| Plant, machinery and equipment | 23 | €63,129 | €792 | -€62,338 | -98.7% |
| Furniture and vehicles | 24 | €10,733 | €6,695 | -€4,038 | -37.6% |
| Current assets | 29/58 | €28,217 | €18,048 | -€10,169 | -36.0% |
| Stocks and contracts in progress | 3 | €2,500 | €0 | -€2,500 | -100.0% |
| Stocks | 30/36 | €2,500 | €0 | -€2,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €9,175 | €17,655 | +€8,480 | +92.4% |
| Trade receivables | 40 | €7,510 | €6,321 | -€1,189 | -15.8% |
| Other amounts receivable | 41 | €1,665 | €11,334 | +€9,669 | +580.7% |
| Cash at bank and in hand | 54/58 | €16,542 | €318 | -€16,224 | -98.1% |
| Deferred charges and accrued income | 490/1 | - | €75 | +€75 | |
| Total equity and liabilities | 10/49 | €102,080 | €25,536 | -€76,544 | -75.0% |
| Equity | 10/15 | -€150,365 | €11,472 | +€161,836 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,965 | -€7,128 | +€161,836 | +95.8% |
| Amounts payable | 17/49 | €252,444 | €14,064 | -€238,380 | -94.4% |
| Amounts payable after more than one year | 17 | €229,000 | €0 | -€229,000 | -100.0% |
| Financial debts | 170/4 | €229,000 | €0 | -€229,000 | -100.0% |
| Amounts payable within one year | 42/48 | €21,853 | €9,207 | -€12,646 | -57.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €11,574 | €5,907 | -€5,668 | -49.0% |
| Suppliers | 440/4 | €11,574 | €5,907 | -€5,668 | -49.0% |
| Taxes, remuneration and social security | 45 | €4,032 | €3,301 | -€732 | -18.1% |
| Taxes | 450/3 | €4,032 | €3,301 | -€732 | -18.1% |
| Other amounts payable | 47/48 | €6,247 | €0 | -€6,247 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,591 | €4,857 | +€3,266 | +205.3% |
| Non-recurring operating income | 76A | - | €229,000 | +€229,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,216 | €66,663 | +€43,446 | +187.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,500 | €0 | -€2,500 | -100.0% |
| Other operating charges | 640/8 | €1,950 | €1,147 | -€803 | -41.2% |
| Non-recurring operating charges | 66A | €1,726 | €0 | -€1,726 | -100.0% |
| Gross operating margin | 9900 | -€10,377 | €231,091 | +€241,468 | |
| Operating profit (loss) | 9901 | -€39,768 | €163,282 | +€203,050 | |
| Financial income | 75/76B | €0 | €2,997 | +€2,997 | +29969200.0% |
| Recurring financial income | 75 | €0 | €497 | +€497 | +4969200.0% |
| Non-recurring financial income | 76B | - | €2,500 | +€2,500 | |
| Financial charges | 65/66B | €2,499 | €1,923 | -€575 | -23.0% |
| Recurring financial charges | 65 | €2,499 | €1,923 | -€575 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | -€42,267 | €164,355 | +€206,622 | |
| Income taxes | 67/77 | €72 | €2,519 | +€2,446 | +3375.2% |
| Profit (loss) for the period | 9904 | -€42,340 | €161,836 | +€204,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,340 | €161,836 | +€204,176 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.