EQUIHOME: 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.
EQUIHOME
Largest movements
- Receivables within one year -€539,507
down €539,507 (-88.2%), from €611,601 to €72,094
of which Trade receivables: -€547,500
- Stocks and contracts +€495,000
new in 2025: €495,000
- Tangible fixed assets -€44,992
down €44,992 (-36.4%), from €123,493 to €78,501
of which Plant, machinery and equipment: -€40,261
- Cash +€26,278
up €26,278 (+282.5%), from €9,303 to €35,581
mainly Receivables within one year (+€539,507) and Depreciation (+€61,802)
- Formation expenses -€16,811
down €16,811 (-28.0%), from €59,960 to €43,149
- Trade debts -€95,399
down €95,399 (-29.4%), from €324,766 to €229,367
- Debts after one year -€79,843
down €79,843 (-98.5%), from €81,080 to €1,237
of which Other amounts payable: -€75,000
- Reserves +€55,947
up €55,947 (+84.1%), from €66,489 to €122,436
- Other debts +€37,995
up €37,995 (+16.7%), from €227,274 to €265,269
- Gross operating margin +€29,273
up €29,273 (+21.8%), from €134,422 to €163,695
- Taxes +€16,331
up €16,331 (+280.8%), from €5,815 to €22,146
- Financial charges +€12,530
up €12,530 (+161.9%), from €7,741 to €20,271
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 | €804,830 | €724,799 | -€80,031 | -9.9% |
| Formation expenses | 20 | €59,960 | €43,149 | -€16,811 | -28.0% |
| Fixed assets | 21/28 | €123,493 | €78,501 | -€44,992 | -36.4% |
| Tangible fixed assets | 22/27 | €123,493 | €78,501 | -€44,992 | -36.4% |
| Plant, machinery and equipment | 23 | €112,840 | €72,579 | -€40,261 | -35.7% |
| Furniture and vehicles | 24 | €371 | €206 | -€165 | -44.5% |
| Leasing and similar rights | 25 | €10,282 | €5,716 | -€4,566 | -44.4% |
| Current assets | 29/58 | €621,377 | €603,149 | -€18,228 | -2.9% |
| Stocks and contracts in progress | 3 | - | €495,000 | +€495,000 | |
| Contracts in progress | 37 | - | €495,000 | +€495,000 | |
| Amounts receivable within one year | 40/41 | €611,601 | €72,094 | -€539,507 | -88.2% |
| Trade receivables | 40 | €605,000 | €57,500 | -€547,500 | -90.5% |
| Other amounts receivable | 41 | €6,601 | €14,594 | +€7,993 | +121.1% |
| Cash at bank and in hand | 54/58 | €9,303 | €35,581 | +€26,278 | +282.5% |
| Deferred charges and accrued income | 490/1 | €473 | €474 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €804,830 | €724,799 | -€80,031 | -9.9% |
| Equity | 10/15 | €91,489 | €147,436 | +€55,947 | +61.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €66,489 | €122,436 | +€55,947 | +84.1% |
| Distributable reserves | 133 | €66,489 | €122,436 | +€55,947 | +84.1% |
| Amounts payable | 17/49 | €713,341 | €577,363 | -€135,978 | -19.1% |
| Amounts payable after more than one year | 17 | €81,080 | €1,237 | -€79,843 | -98.5% |
| Financial debts | 170/4 | €6,080 | €1,237 | -€4,843 | -79.7% |
| Other amounts payable | 178/9 | €75,000 | - | -€75,000 | |
| Amounts payable within one year | 42/48 | €632,261 | €576,126 | -€56,135 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €4,679 | €4,843 | +€164 | +3.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €324,766 | €229,367 | -€95,399 | -29.4% |
| Suppliers | 440/4 | €324,766 | €229,367 | -€95,399 | -29.4% |
| Taxes, remuneration and social security | 45 | €25,542 | €26,647 | +€1,105 | +4.3% |
| Taxes | 450/3 | €25,542 | €26,647 | +€1,105 | +4.3% |
| Other amounts payable | 47/48 | €227,274 | €265,269 | +€37,995 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,802 | €61,802 | = | 0.0% |
| Other operating charges | 640/8 | €2,154 | €3,765 | +€1,611 | +74.8% |
| Gross operating margin | 9900 | €134,422 | €163,695 | +€29,273 | +21.8% |
| Operating profit (loss) | 9901 | €70,466 | €98,128 | +€27,662 | +39.3% |
| Financial income | 75/76B | €187 | €236 | +€49 | +26.2% |
| Recurring financial income | 75 | €187 | €236 | +€49 | +26.2% |
| Financial charges | 65/66B | €7,741 | €20,271 | +€12,530 | +161.9% |
| Recurring financial charges | 65 | €7,741 | €20,271 | +€12,530 | +161.9% |
| Profit (loss) for the period before taxes | 9903 | €62,912 | €78,093 | +€15,181 | +24.1% |
| Income taxes | 67/77 | €5,815 | €22,146 | +€16,331 | +280.8% |
| Profit (loss) for the period | 9904 | €57,097 | €55,947 | -€1,150 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,097 | €55,947 | -€1,150 | -2.0% |
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 6 October 2026 via checked.be.