EQUILIS GST: 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.
EQUILIS GST
Largest movements
- Stocks and contracts -€819,595
down €819,595 (-68.3%), from €1.2m to €380,000
of which Contracts in progress: -€1.2m
- Receivables within one year -€31,590
no longer reported in 2025 (was €31,590)
- Profit (loss) carried forward -€1.1m
down €1.1m (-61,027%), from -€1,750 to -€1.1m
- Tax, wage and social debts +€136,725
new in 2025: €136,725
- Debts after one year +€109,001
up €109,001 (+8.9%), from €1.2m to €1.3m
- Trade debts -€38,199
down €38,199 (-92.4%), from €41,360 to €3,161
- Services and other goods -€183,562
down €183,562 (-48.6%), from €377,853 to €194,291
- Other operating charges -€46,124
down €46,124 (-84.5%), from €54,599 to €8,475
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 | €1,290,164 | €429,889 | -€860,275 | -66.7% |
| Current assets | 29/58 | €1,290,164 | €429,889 | -€860,275 | -66.7% |
| Stocks and contracts in progress | 3 | €1,199,595 | €380,000 | -€819,595 | -68.3% |
| Stocks | 30/36 | - | €380,000 | +€380,000 | |
| Property held for sale | 35 | - | €380,000 | +€380,000 | |
| Contracts in progress | 37 | €1,199,595 | - | -€1.2m | |
| Amounts receivable within one year | 40/41 | €31,590 | - | -€31,590 | |
| Other amounts receivable | 41 | €31,590 | - | -€31,590 | |
| Cash at bank and in hand | 54/58 | €58,980 | €49,889 | -€9,091 | -15.4% |
| Total equity and liabilities | 10/49 | €1,290,164 | €429,889 | -€860,275 | -66.7% |
| Equity | 10/15 | €18,710 | -€1,049,093 | -€1.1m | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,750 | -€1,069,553 | -€1.1m | -61,027% |
| Amounts payable | 17/49 | €1,271,454 | €1,478,982 | +€207,528 | +16.3% |
| Amounts payable after more than one year | 17 | €1,230,094 | €1,339,096 | +€109,001 | +8.9% |
| Other amounts payable | 178/9 | €1,230,094 | €1,339,096 | +€109,001 | +8.9% |
| Amounts payable within one year | 42/48 | €41,360 | €139,886 | +€98,527 | +238% |
| Trade debts | 44 | €41,360 | €3,161 | -€38,199 | -92.4% |
| Suppliers | 440/4 | €41,360 | €3,161 | -€38,199 | -92.4% |
| Taxes, remuneration and social security | 45 | - | €136,725 | +€136,725 | |
| Taxes | 450/3 | - | €136,725 | +€136,725 | |
| Operating income | 70/76A | €396,707 | -€864,540 | -€1.3m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €396,707 | -€873,596 | -€1.3m | |
| Non-recurring operating income | 76A | - | €9,057 | +€9,057 | |
| Operating charges | 60/66A | €432,452 | €202,766 | -€229,686 | -53.1% |
| Services and other goods | 61 | €377,853 | €194,291 | -€183,562 | -48.6% |
| Other operating charges | 640/8 | €54,599 | €8,475 | -€46,124 | -84.5% |
| Operating profit (loss) | 9901 | -€35,744 | -€1,067,305 | -€1.0m | -2,886% |
| Financial income | 75/76B | €1,339 | €222 | -€1,117 | -83.4% |
| Recurring financial income | 75 | €1,339 | €222 | -€1,117 | -83.4% |
| Income from financial fixed assets | 750 | €1,133 | €222 | -€911 | -80.4% |
| Income from current assets | 751 | €206 | - | -€206 | |
| Financial charges | 65/66B | €1,821 | €719 | -€1,102 | -60.5% |
| Recurring financial charges | 65 | €1,821 | €719 | -€1,102 | -60.5% |
| Debt charges | 650 | €1,133 | - | -€1,133 | |
| Other financial charges | 652/9 | €688 | €719 | +€31 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€36,227 | -€1,067,803 | -€1.0m | -2,848% |
| Profit (loss) for the period | 9904 | -€36,227 | -€1,067,803 | -€1.0m | -2,848% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,227 | -€1,067,803 | -€1.0m | -2,848% |
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 19 October 2026 via checked.be.