EQUILOG SERVICES: 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.
EQUILOG SERVICES
Largest movements
- Cash +€28,000
up €28,000 (+5.8%), from €483,854 to €511,854
mainly Net result for the year (+€122,842) and Other debts (+€34,681)
- Trade debts -€99,443
down €99,443 (-57.7%), from €172,246 to €72,802
- Profit (loss) carried forward +€64,018
up €64,018 (+15.6%), from €411,490 to €475,509
- Other debts +€34,681
up €34,681 (+32.9%), from €105,408 to €140,089
- Short-term financial debts +€10,663
up €10,663 (+78.9%), from €13,523 to €24,186
- Tax, wage and social debts +€9,500
up €9,500, from €0 to €9,500
- Gross operating margin +€24,464
up €24,464 (+15.4%), from €158,537 to €183,001
- Other operating charges +€5,287
up €5,287 (+444.4%), from €1,190 to €6,476
- Taxes +€4,322
up €4,322 (+13.6%), from €31,873 to €36,195
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 | €734,728 | €756,069 | +€21,341 | +2.9% |
| Fixed assets | 21/28 | €96,220 | €88,677 | -€7,543 | -7.8% |
| Tangible fixed assets | 22/27 | €96,220 | €88,677 | -€7,543 | -7.8% |
| Land and buildings | 22 | €66,088 | €65,479 | -€609 | -0.9% |
| Furniture and vehicles | 24 | €30,132 | €23,198 | -€6,934 | -23.0% |
| Current assets | 29/58 | €638,507 | €667,392 | +€28,884 | +4.5% |
| Amounts receivable within one year | 40/41 | €138,349 | €140,585 | +€2,236 | +1.6% |
| Trade receivables | 40 | €120,264 | €87,465 | -€32,799 | -27.3% |
| Other amounts receivable | 41 | €18,085 | €53,120 | +€35,035 | +193.7% |
| Cash at bank and in hand | 54/58 | €483,854 | €511,854 | +€28,000 | +5.8% |
| Deferred charges and accrued income | 490/1 | €16,304 | €14,953 | -€1,351 | -8.3% |
| Total equity and liabilities | 10/49 | €734,728 | €756,069 | +€21,341 | +2.9% |
| Equity | 10/15 | €431,950 | €495,969 | +€64,018 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €411,490 | €475,509 | +€64,018 | +15.6% |
| Amounts payable | 17/49 | €302,778 | €260,100 | -€42,677 | -14.1% |
| Amounts payable after more than one year | 17 | €8,817 | €5,996 | -€2,821 | -32.0% |
| Financial debts | 170/4 | €8,817 | €5,996 | -€2,821 | -32.0% |
| Amounts payable within one year | 42/48 | €293,961 | €249,398 | -€44,562 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €2,784 | €2,821 | +€37 | +1.3% |
| Financial debts | 43 | €13,523 | €24,186 | +€10,663 | +78.9% |
| Credit institutions | 430/8 | €13,523 | €24,186 | +€10,663 | +78.9% |
| Trade debts | 44 | €172,246 | €72,802 | -€99,443 | -57.7% |
| Suppliers | 440/4 | €172,246 | €72,802 | -€99,443 | -57.7% |
| Taxes, remuneration and social security | 45 | €0 | €9,500 | +€9,500 | |
| Taxes | 450/3 | €0 | €9,500 | +€9,500 | |
| Other amounts payable | 47/48 | €105,408 | €140,089 | +€34,681 | +32.9% |
| Accrued charges and deferred income | 492/3 | - | €4,706 | +€4,706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,683 | €12,243 | +€560 | +4.8% |
| Other operating charges | 640/8 | €1,190 | €6,476 | +€5,287 | +444.4% |
| Gross operating margin | 9900 | €158,537 | €183,001 | +€24,464 | +15.4% |
| Operating profit (loss) | 9901 | €145,664 | €164,281 | +€18,617 | +12.8% |
| Financial income | 75/76B | €1,495 | €91 | -€1,404 | -93.9% |
| Recurring financial income | 75 | €1,495 | €91 | -€1,404 | -93.9% |
| Financial charges | 65/66B | €5,937 | €5,335 | -€602 | -10.1% |
| Recurring financial charges | 65 | €5,937 | €5,335 | -€602 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €141,223 | €159,037 | +€17,814 | +12.6% |
| Income taxes | 67/77 | €31,873 | €36,195 | +€4,322 | +13.6% |
| Profit (loss) for the period | 9904 | €109,350 | €122,842 | +€13,492 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €109,350 | €122,842 | +€13,492 | +12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.