Equifin Consulting: 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.
Equifin Consulting
Largest movements
- Tangible fixed assets +€37,155
up €37,155 (+129%), from €28,832 to €65,987
of which Plant, machinery and equipment: +€40,529
- Receivables within one year -€7,573
down €7,573 (-50.1%), from €15,105 to €7,532
of which Trade receivables: -€6,479
- Deferred charges and accrued income +€2,667
new in 2025: €2,667
- Cash +€963
up €963 (+8.7%), from €11,108 to €12,071
mainly Net result for the year (+€27,084) and Other debts (+€12,831)
- Reserves +€40,118
new in 2025: €40,118
- Profit (loss) carried forward -€13,034
down €13,034 (-100%), from €13,034 to €0
- Other debts +€12,831
up €12,831 (+86.5%), from €14,841 to €27,672
- Tax, wage and social debts -€9,365
down €9,365 (-52.0%), from €18,004 to €8,639
of which Remuneration and social security: -€15,895
- Trade debts +€2,661
up €2,661 (+84.0%), from €3,167 to €5,828
- Gross operating margin +€49,362
up €49,362, from -€10,729 to €38,633
- Taxes +€5,156
up €5,156, from €0 to €5,156
- Depreciation +€2,981
up €2,981 (+423%), from €705 to €3,686
- Other operating charges +€610
up €610 (+610%), from €100 to €710
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 | €55,045 | €88,257 | +€33,211 | +60.3% |
| Fixed assets | 21/28 | €28,832 | €65,987 | +€37,155 | +129% |
| Tangible fixed assets | 22/27 | €28,832 | €65,987 | +€37,155 | +129% |
| Plant, machinery and equipment | 23 | €12,667 | €53,196 | +€40,529 | +320% |
| Furniture and vehicles | 24 | €16,165 | €12,791 | -€3,374 | -20.9% |
| Current assets | 29/58 | €26,213 | €22,270 | -€3,943 | -15.0% |
| Amounts receivable within one year | 40/41 | €15,105 | €7,532 | -€7,573 | -50.1% |
| Trade receivables | 40 | €14,011 | €7,532 | -€6,479 | -46.2% |
| Other amounts receivable | 41 | €1,094 | €0 | -€1,094 | -100% |
| Cash at bank and in hand | 54/58 | €11,108 | €12,071 | +€963 | +8.7% |
| Deferred charges and accrued income | 490/1 | - | €2,667 | +€2,667 | |
| Total equity and liabilities | 10/49 | €55,045 | €88,257 | +€33,211 | +60.3% |
| Equity | 10/15 | €19,034 | €46,118 | +€27,084 | +142% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €40,118 | +€40,118 | |
| Distributable reserves | 133 | - | €40,118 | +€40,118 | |
| Profit (loss) carried forward | 14 | €13,034 | €0 | -€13,034 | -100% |
| Amounts payable | 17/49 | €36,011 | €42,139 | +€6,128 | +17.0% |
| Amounts payable within one year | 42/48 | €36,011 | €42,139 | +€6,128 | +17.0% |
| Trade debts | 44 | €3,167 | €5,828 | +€2,661 | +84.0% |
| Suppliers | 440/4 | €3,167 | €5,828 | +€2,661 | +84.0% |
| Taxes, remuneration and social security | 45 | €18,004 | €8,639 | -€9,365 | -52.0% |
| Taxes | 450/3 | €2,109 | €8,639 | +€6,530 | +310% |
| Remuneration and social security | 454/9 | €15,895 | €0 | -€15,895 | -100% |
| Other amounts payable | 47/48 | €14,841 | €27,672 | +€12,831 | +86.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,728 | €1,728 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €3,686 | +€2,981 | +423% |
| Other operating charges | 640/8 | €100 | €710 | +€610 | +610% |
| Gross operating margin | 9900 | -€10,729 | €38,633 | +€49,362 | |
| Operating profit (loss) | 9901 | -€13,261 | €32,510 | +€45,771 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €189 | €270 | +€81 | +42.8% |
| Recurring financial charges | 65 | €189 | €270 | +€81 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,450 | €32,240 | +€45,691 | |
| Income taxes | 67/77 | €0 | €5,156 | +€5,156 | |
| Profit (loss) for the period | 9904 | -€13,450 | €27,084 | +€40,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,450 | €27,084 | +€40,534 |
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 24 October 2026 via checked.be.