EQUINOXA: 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.
EQUINOXA
Largest movements
- Cash -€24,415
down €24,415 (-88.9%), from €27,453 to €3,037
mainly Net result for the year (-€13,555) and Stocks and contracts (-€12,905)
- Stocks and contracts +€12,905
up €12,905 (+86.8%), from €14,871 to €27,776
- Receivables within one year -€512
no longer reported in 2024 (was €512)
- Profit (loss) carried forward -€13,555
down €13,555 (-50.6%), from -€26,786 to -€40,341
- Trade debts -€9,157
down €9,157 (-97.5%), from €9,392 to €236
- Other debts +€6,342
up €6,342 (+15.7%), from €40,299 to €46,642
- Tax, wage and social debts +€3,939
up €3,939 (+52.1%), from €7,558 to €11,497
of which Remuneration and social security: +€5,577
- Staff costs +€24,707
up €24,707 (+57.0%), from €43,343 to €68,050
- Gross operating margin -€7,807
down €7,807 (-10.8%), from €72,466 to €64,659
- Other operating charges +€1,707
up €1,707 (+29.1%), from €5,875 to €7,581
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,064 | €36,633 | -€12,431 | -25.3% |
| Fixed assets | 21/28 | €6,228 | €5,820 | -€408 | -6.6% |
| Tangible fixed assets | 22/27 | €408 | - | -€408 | |
| Furniture and vehicles | 24 | €116 | - | -€116 | |
| Other tangible fixed assets | 26 | €292 | - | -€292 | |
| Financial fixed assets | 28 | €5,820 | €5,820 | = | 0.0% |
| Current assets | 29/58 | €42,836 | €30,814 | -€12,023 | -28.1% |
| Stocks and contracts in progress | 3 | €14,871 | €27,776 | +€12,905 | +86.8% |
| Stocks | 30/36 | €14,871 | €27,776 | +€12,905 | +86.8% |
| Amounts receivable within one year | 40/41 | €512 | - | -€512 | |
| Other amounts receivable | 41 | €512 | - | -€512 | |
| Cash at bank and in hand | 54/58 | €27,453 | €3,037 | -€24,415 | -88.9% |
| Total equity and liabilities | 10/49 | €49,064 | €36,633 | -€12,431 | -25.3% |
| Equity | 10/15 | -€8,186 | -€21,741 | -€13,555 | -165.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,786 | -€40,341 | -€13,555 | -50.6% |
| Amounts payable | 17/49 | €57,250 | €58,374 | +€1,125 | +2.0% |
| Amounts payable within one year | 42/48 | €57,250 | €58,374 | +€1,125 | +2.0% |
| Trade debts | 44 | €9,392 | €236 | -€9,157 | -97.5% |
| Suppliers | 440/4 | €9,392 | €236 | -€9,157 | -97.5% |
| Taxes, remuneration and social security | 45 | €7,558 | €11,497 | +€3,939 | +52.1% |
| Taxes | 450/3 | €4,647 | €3,009 | -€1,638 | -35.3% |
| Remuneration and social security | 454/9 | €2,911 | €8,488 | +€5,577 | +191.6% |
| Other amounts payable | 47/48 | €40,299 | €46,642 | +€6,342 | +15.7% |
| Remuneration, social security and pensions | 62 | €43,343 | €68,050 | +€24,707 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,080 | €408 | -€671 | -62.2% |
| Other operating charges | 640/8 | €5,875 | €7,581 | +€1,707 | +29.1% |
| Gross operating margin | 9900 | €72,466 | €64,659 | -€7,807 | -10.8% |
| Operating profit (loss) | 9901 | €22,169 | -€11,381 | -€33,549 | |
| Financial income | 75/76B | €15 | €78 | +€63 | +428.3% |
| Recurring financial income | 75 | €15 | €78 | +€63 | +428.3% |
| Non-recurring financial income | 76B | €15 | €78 | +€63 | +428.3% |
| Financial charges | 65/66B | €2,851 | €2,252 | -€598 | -21.0% |
| Recurring financial charges | 65 | €2,141 | €1,739 | -€402 | -18.8% |
| Non-recurring financial charges | 66B | €710 | €513 | -€197 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €19,333 | -€13,555 | -€32,888 | |
| Profit (loss) for the period | 9904 | €19,333 | -€13,555 | -€32,888 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,333 | -€13,555 | -€32,888 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.