EQUINOX CONSULT: 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.
EQUINOX CONSULT
Largest movements
- Cash -€145,977
down €145,977 (-42.1%), from €346,537 to €200,560
mainly Contributions, distributions and other (-€405,686) and Current investments (-€43,000)
- Current investments +€43,000
up €43,000 (+48.3%), from €89,020 to €132,020
- Receivables within one year +€30,264
up €30,264 (+360%), from €8,413 to €38,677
of which Trade receivables: +€18,647
- Reserves -€334,395
down €334,395 (-82.1%), from €407,546 to €73,151
of which Distributable reserves: -€334,395
- Other debts +€263,688
up €263,688 (+1,049%), from €25,145 to €288,833
- Gross operating margin +€30,723
up €30,723 (+55.5%), from €55,331 to €86,054
- Financial income +€16,006
up €16,006 (+3,865%), from €414 to €16,420
of which Non-recurring financial income: +€15,737
- Taxes +€11,732
up €11,732 (+90.1%), from €13,025 to €24,757
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 | €457,201 | €384,961 | -€72,240 | -15.8% |
| Fixed assets | 21/28 | €13,231 | €13,173 | -€58 | -0.4% |
| Tangible fixed assets | 22/27 | €13,231 | €13,173 | -€58 | -0.4% |
| Land and buildings | 22 | €7,250 | €7,250 | = | 0.0% |
| Plant, machinery and equipment | 23 | €811 | €561 | -€250 | -30.8% |
| Furniture and vehicles | 24 | €308 | €901 | +€593 | +192% |
| Other tangible fixed assets | 26 | €4,862 | €4,462 | -€400 | -8.2% |
| Current assets | 29/58 | €443,970 | €371,787 | -€72,183 | -16.3% |
| Amounts receivable within one year | 40/41 | €8,413 | €38,677 | +€30,264 | +360% |
| Trade receivables | 40 | €3,000 | €21,647 | +€18,647 | +622% |
| Other amounts receivable | 41 | €5,413 | €17,030 | +€11,617 | +215% |
| Current investments | 50/53 | €89,020 | €132,020 | +€43,000 | +48.3% |
| Cash at bank and in hand | 54/58 | €346,537 | €200,560 | -€145,977 | -42.1% |
| Deferred charges and accrued income | 490/1 | - | €530 | +€530 | |
| Total equity and liabilities | 10/49 | €457,201 | €384,961 | -€72,240 | -15.8% |
| Equity | 10/15 | €426,146 | €91,751 | -€334,395 | -78.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €407,546 | €73,151 | -€334,395 | -82.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €405,686 | €71,291 | -€334,395 | -82.4% |
| Amounts payable | 17/49 | €31,055 | €293,209 | +€262,154 | +844% |
| Amounts payable within one year | 42/48 | €31,055 | €293,209 | +€262,154 | +844% |
| Trade debts | 44 | €2,028 | €1,577 | -€451 | -22.2% |
| Suppliers | 440/4 | €2,028 | €1,577 | -€451 | -22.2% |
| Taxes, remuneration and social security | 45 | €3,882 | €2,799 | -€1,083 | -27.9% |
| Taxes | 450/3 | €3,882 | €2,799 | -€1,083 | -27.9% |
| Other amounts payable | 47/48 | €25,145 | €288,833 | +€263,688 | +1,049% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,065 | €1,077 | +€11 | +1.1% |
| Other operating charges | 640/8 | €1,901 | €1,952 | +€51 | +2.7% |
| Gross operating margin | 9900 | €55,331 | €86,054 | +€30,723 | +55.5% |
| Operating profit (loss) | 9901 | €52,365 | €83,026 | +€30,661 | +58.6% |
| Financial income | 75/76B | €414 | €16,420 | +€16,006 | +3,865% |
| Recurring financial income | 75 | €170 | €438 | +€269 | +158% |
| Non-recurring financial income | 76B | €244 | €15,981 | +€15,737 | +6,437% |
| Financial charges | 65/66B | €2,924 | €3,397 | +€472 | +16.2% |
| Recurring financial charges | 65 | €2,924 | €1,889 | -€1,035 | -35.4% |
| Non-recurring financial charges | 66B | - | €1,507 | +€1,507 | |
| Profit (loss) for the period before taxes | 9903 | €49,854 | €96,049 | +€46,194 | +92.7% |
| Income taxes | 67/77 | €13,025 | €24,757 | +€11,732 | +90.1% |
| Profit (loss) for the period | 9904 | €36,829 | €71,291 | +€34,462 | +93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,829 | €71,291 | +€34,462 | +93.6% |
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 30 October 2026 via checked.be.