EQUILIBRA: 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.
EQUILIBRA
Largest movements
- Current investments +€70,507
up €70,507 (+96.1%), from €73,389 to €143,896
- Receivables within one year -€41,152
down €41,152 (-100%), from €41,152 to €0
of which Other amounts receivable: -€41,152
- Cash -€34,788
down €34,788 (-31.9%), from €109,057 to €74,269
mainly Current investments (-€70,507) and Investment in fixed assets (net) (-€61,280)
- Tangible fixed assets +€32,196
up €32,196 (+48.8%), from €66,026 to €98,222
of which Furniture and vehicles: +€46,993
- Other debts -€41,374
down €41,374 (-97.6%), from €42,403 to €1,029
- Reserves +€33,801
up €33,801 (+16.4%), from €206,348 to €240,149
of which Distributable reserves: +€33,801
- Debts after one year +€33,347
new in 2025: €33,347
- Current portion of long-term debt +€14,146
up €14,146, from €0 to €14,146
- Tax, wage and social debts -€10,894
down €10,894 (-57.2%), from €19,050 to €8,156
of which Taxes: -€10,254
- Gross operating margin -€46,403
down €46,403 (-37.2%), from €124,870 to €78,468
- Taxes -€13,737
down €13,737 (-50.8%), from €27,060 to €13,323
- Depreciation +€1,815
up €1,815 (+6.7%), from €27,269 to €29,083
- Financial charges +€1,405
up €1,405 (+299%), from €470 to €1,875
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 | €296,261 | €322,413 | +€26,151 | +8.8% |
| Fixed assets | 21/28 | €69,075 | €101,272 | +€32,196 | +46.6% |
| Tangible fixed assets | 22/27 | €66,026 | €98,222 | +€32,196 | +48.8% |
| Land and buildings | 22 | €35,447 | €29,301 | -€6,147 | -17.3% |
| Plant, machinery and equipment | 23 | €23,675 | €15,025 | -€8,650 | -36.5% |
| Furniture and vehicles | 24 | €6,904 | €53,896 | +€46,993 | +681% |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €227,186 | €221,141 | -€6,045 | -2.7% |
| Amounts receivable within one year | 40/41 | €41,152 | €0 | -€41,152 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €41,152 | €0 | -€41,152 | -100% |
| Current investments | 50/53 | €73,389 | €143,896 | +€70,507 | +96.1% |
| Cash at bank and in hand | 54/58 | €109,057 | €74,269 | -€34,788 | -31.9% |
| Deferred charges and accrued income | 490/1 | €3,588 | €2,977 | -€611 | -17.0% |
| Total equity and liabilities | 10/49 | €296,261 | €322,413 | +€26,151 | +8.8% |
| Equity | 10/15 | €231,348 | €265,149 | +€33,801 | +14.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €206,348 | €240,149 | +€33,801 | +16.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €206,348 | €240,149 | +€33,801 | +16.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,913 | €57,264 | -€7,650 | -11.8% |
| Amounts payable after more than one year | 17 | - | €33,347 | +€33,347 | |
| Financial debts | 170/4 | - | €33,347 | +€33,347 | |
| Amounts payable within one year | 42/48 | €64,913 | €23,917 | -€40,996 | -63.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €14,146 | +€14,146 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,461 | €586 | -€2,874 | -83.1% |
| Suppliers | 440/4 | €3,461 | €586 | -€2,874 | -83.1% |
| Taxes, remuneration and social security | 45 | €19,050 | €8,156 | -€10,894 | -57.2% |
| Taxes | 450/3 | €14,250 | €3,996 | -€10,254 | -72.0% |
| Remuneration and social security | 454/9 | €4,800 | €4,160 | -€640 | -13.3% |
| Other amounts payable | 47/48 | €42,403 | €1,029 | -€41,374 | -97.6% |
| Non-recurring operating income | 76A | - | €6,400 | +€6,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,269 | €29,083 | +€1,815 | +6.7% |
| Other operating charges | 640/8 | €1,512 | €1,505 | -€6 | -0.4% |
| Gross operating margin | 9900 | €124,870 | €78,468 | -€46,403 | -37.2% |
| Operating profit (loss) | 9901 | €96,090 | €47,879 | -€48,211 | -50.2% |
| Financial income | 75/76B | €2,219 | €1,120 | -€1,100 | -49.6% |
| Recurring financial income | 75 | €2,219 | €1,120 | -€1,100 | -49.6% |
| Financial charges | 65/66B | €470 | €1,875 | +€1,405 | +299% |
| Recurring financial charges | 65 | €470 | €1,875 | +€1,405 | +299% |
| Profit (loss) for the period before taxes | 9903 | €97,840 | €47,124 | -€50,716 | -51.8% |
| Income taxes | 67/77 | €27,060 | €13,323 | -€13,737 | -50.8% |
| Profit (loss) for the period | 9904 | €70,780 | €33,801 | -€36,979 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,780 | €33,801 | -€36,979 | -52.2% |
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 14 October 2026 via checked.be.