EQUILIBRIUS: 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.
EQUILIBRIUS
Largest movements
- Tangible fixed assets +€7,147
up €7,147 (+18.3%), from €39,027 to €46,174
of which Furniture and vehicles: +€9,199
- Receivables within one year +€6,232
up €6,232 (+32.4%), from €19,233 to €25,465
of which Trade receivables: +€11,351
- Cash -€1,524
down €1,524 (-7.7%), from €19,858 to €18,335
mainly Investment in fixed assets (net) (-€19,880) and Contributions, distributions and other (-€19,840)
- Other debts +€15,876
up €15,876 (+82.0%), from €19,361 to €35,236
- Tax, wage and social debts -€2,294
down €2,294 (-20.9%), from €11,000 to €8,705
- Trade debts -€1,727
down €1,727 (-56.1%), from €3,082 to €1,354
- Gross operating margin -€22,635
down €22,635 (-35.8%), from €63,153 to €40,518
- Taxes -€4,811
down €4,811 (-43.7%), from €11,000 to €6,189
- Depreciation +€3,191
up €3,191 (+33.4%), from €9,543 to €12,733
- Financial charges +€703
up €703 (+710.4%), from €99 to €802
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 | €78,118 | €89,973 | +€11,855 | +15.2% |
| Fixed assets | 21/28 | €39,027 | €46,174 | +€7,147 | +18.3% |
| Tangible fixed assets | 22/27 | €39,027 | €46,174 | +€7,147 | +18.3% |
| Furniture and vehicles | 24 | €32,528 | €41,727 | +€9,199 | +28.3% |
| Other tangible fixed assets | 26 | €6,499 | €4,447 | -€2,052 | -31.6% |
| Current assets | 29/58 | €39,091 | €43,800 | +€4,708 | +12.0% |
| Amounts receivable within one year | 40/41 | €19,233 | €25,465 | +€6,232 | +32.4% |
| Trade receivables | 40 | €14,114 | €25,465 | +€11,351 | +80.4% |
| Other amounts receivable | 41 | €5,119 | - | -€5,119 | |
| Cash at bank and in hand | 54/58 | €19,858 | €18,335 | -€1,524 | -7.7% |
| Total equity and liabilities | 10/49 | €78,118 | €89,973 | +€11,855 | +15.2% |
| Equity | 10/15 | €44,677 | €44,677 | +€1 | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,677 | €43,677 | +€1 | 0.0% |
| Amounts payable | 17/49 | €33,442 | €45,296 | +€11,854 | +35.4% |
| Amounts payable within one year | 42/48 | €33,442 | €45,296 | +€11,854 | +35.4% |
| Trade debts | 44 | €3,082 | €1,354 | -€1,727 | -56.1% |
| Suppliers | 440/4 | €3,082 | €1,354 | -€1,727 | -56.1% |
| Taxes, remuneration and social security | 45 | €11,000 | €8,705 | -€2,294 | -20.9% |
| Taxes | 450/3 | €11,000 | €8,705 | -€2,294 | -20.9% |
| Other amounts payable | 47/48 | €19,361 | €35,236 | +€15,876 | +82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,543 | €12,733 | +€3,191 | +33.4% |
| Other operating charges | 640/8 | €1,215 | €826 | -€389 | -32.0% |
| Non-recurring operating charges | 66A | €53 | €126 | +€73 | +138.1% |
| Gross operating margin | 9900 | €63,153 | €40,518 | -€22,635 | -35.8% |
| Operating profit (loss) | 9901 | €52,342 | €26,832 | -€25,510 | -48.7% |
| Financial charges | 65/66B | €99 | €802 | +€703 | +710.4% |
| Recurring financial charges | 65 | €99 | €802 | +€703 | +710.4% |
| Profit (loss) for the period before taxes | 9903 | €52,243 | €26,030 | -€26,213 | -50.2% |
| Income taxes | 67/77 | €11,000 | €6,189 | -€4,811 | -43.7% |
| Profit (loss) for the period | 9904 | €41,243 | €19,841 | -€21,402 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,243 | €19,841 | -€21,402 | -51.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.