EQUINOX MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€3,110
down €3,110 (-44.4%), from €7,005 to €3,895
of which Trade receivables: -€3,300
- Cash +€368
up €368 (+995%), from €37 to €405
mainly Receivables within one year (+€3,110) and Other debts (+€203)
- Profit (loss) carried forward -€2,098
down €2,098 (-8.4%), from -€25,065 to -€27,163
- Trade debts -€847
no longer reported in 2025 (was €847)
- Other debts +€203
up €203 (+5.4%), from €3,760 to €3,963
- Gross operating margin -€9,534
down €9,534, from €7,962 to -€1,572
- Financial charges -€300
down €300 (-36.3%), from €826 to €526
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 | €7,042 | €4,300 | -€2,742 | -38.9% |
| Current assets | 29/58 | €7,042 | €4,300 | -€2,742 | -38.9% |
| Amounts receivable within one year | 40/41 | €7,005 | €3,895 | -€3,110 | -44.4% |
| Trade receivables | 40 | €6,250 | €2,950 | -€3,300 | -52.8% |
| Other amounts receivable | 41 | €755 | €945 | +€190 | +25.2% |
| Cash at bank and in hand | 54/58 | €37 | €405 | +€368 | +995% |
| Total equity and liabilities | 10/49 | €7,042 | €4,300 | -€2,742 | -38.9% |
| Equity | 10/15 | €2,435 | €337 | -€2,098 | -86.2% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,065 | -€27,163 | -€2,098 | -8.4% |
| Amounts payable | 17/49 | €4,607 | €3,963 | -€644 | -14.0% |
| Amounts payable within one year | 42/48 | €4,607 | €3,963 | -€644 | -14.0% |
| Trade debts | 44 | €847 | - | -€847 | |
| Suppliers | 440/4 | €847 | - | -€847 | |
| Other amounts payable | 47/48 | €3,760 | €3,963 | +€203 | +5.4% |
| Gross operating margin | 9900 | €7,962 | -€1,572 | -€9,534 | |
| Operating profit (loss) | 9901 | €7,962 | -€1,572 | -€9,534 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €826 | €526 | -€300 | -36.3% |
| Recurring financial charges | 65 | €826 | €526 | -€300 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €7,137 | -€2,098 | -€9,235 | |
| Profit (loss) for the period | 9904 | €7,137 | -€2,098 | -€9,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,137 | -€2,098 | -€9,235 |
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 21 October 2026 via checked.be.