EQUINOVUM: 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.
EQUINOVUM
Largest movements
- Receivables after one year +€66,943
up €66,943 (+44.6%), from €150,018 to €216,962
- Receivables within one year +€26,381
up €26,381 (+56.4%), from €46,768 to €73,149
of which Trade receivables: +€26,342
- Debts after one year +€64,464
up €64,464 (+34.4%), from €187,128 to €251,592
- Other debts +€37,644
up €37,644 (+47.7%), from €78,857 to €116,501
- Trade debts -€7,065
no longer reported in 2025 (was €7,065)
- Gross operating margin -€16,442
down €16,442, from €13,287 to -€3,155
- Financial income +€7,340
up €7,340 (+210%), from €3,503 to €10,843
- Financial charges -€3,499
down €3,499 (-47.4%), from €7,378 to €3,879
- Depreciation -€144
down €144 (-3.7%), from €3,910 to €3,766
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 | €295,069 | €390,029 | +€94,960 | +32.2% |
| Fixed assets | 21/28 | €91,290 | €87,524 | -€3,766 | -4.1% |
| Intangible fixed assets | 21 | €8,549 | €5,154 | -€3,395 | -39.7% |
| Tangible fixed assets | 22/27 | €371 | - | -€371 | |
| Plant, machinery and equipment | 23 | €371 | - | -€371 | |
| Financial fixed assets | 28 | €82,371 | €82,371 | = | 0.0% |
| Current assets | 29/58 | €203,779 | €302,505 | +€98,726 | +48.4% |
| Amounts receivable after more than one year | 29 | €150,018 | €216,962 | +€66,943 | +44.6% |
| Other amounts receivable | 291 | €150,018 | €216,962 | +€66,943 | +44.6% |
| Amounts receivable within one year | 40/41 | €46,768 | €73,149 | +€26,381 | +56.4% |
| Trade receivables | 40 | €46,419 | €72,761 | +€26,342 | +56.7% |
| Other amounts receivable | 41 | €349 | €388 | +€39 | +11.1% |
| Cash at bank and in hand | 54/58 | €3,766 | €5,588 | +€1,822 | +48.4% |
| Deferred charges and accrued income | 490/1 | €3,225 | €6,806 | +€3,580 | +111% |
| Total equity and liabilities | 10/49 | €295,069 | €390,029 | +€94,960 | +32.2% |
| Equity | 10/15 | €22,020 | €21,936 | -€84 | -0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,020 | €1,936 | -€84 | -4.2% |
| Amounts payable | 17/49 | €273,049 | €368,093 | +€95,044 | +34.8% |
| Amounts payable after more than one year | 17 | €187,128 | €251,592 | +€64,464 | +34.4% |
| Financial debts | 170/4 | €187,128 | €251,592 | +€64,464 | +34.4% |
| Amounts payable within one year | 42/48 | €85,921 | €116,501 | +€30,580 | +35.6% |
| Trade debts | 44 | €7,065 | - | -€7,065 | |
| Suppliers | 440/4 | €7,065 | - | -€7,065 | |
| Other amounts payable | 47/48 | €78,857 | €116,501 | +€37,644 | +47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,910 | €3,766 | -€144 | -3.7% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €13,287 | -€3,155 | -€16,442 | |
| Operating profit (loss) | 9901 | €9,262 | -€7,047 | -€16,309 | |
| Financial income | 75/76B | €3,503 | €10,843 | +€7,340 | +210% |
| Recurring financial income | 75 | €3,503 | €10,843 | +€7,340 | +210% |
| Financial charges | 65/66B | €7,378 | €3,879 | -€3,499 | -47.4% |
| Recurring financial charges | 65 | €7,378 | €3,879 | -€3,499 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €5,387 | -€84 | -€5,471 | |
| Profit (loss) for the period | 9904 | €5,387 | -€84 | -€5,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,387 | -€84 | -€5,471 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.