EQUINOXE: 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.
EQUINOXE
Largest movements
- Receivables within one year -€21,647
down €21,647 (-35.3%), from €61,267 to €39,620
of which Trade receivables: -€21,684
- Financial fixed assets +€12,600
new in 2024: €12,600
- Tangible fixed assets +€3,987
up €3,987 (+33.4%), from €11,933 to €15,920
of which Furniture and vehicles: +€3,647
- Stocks and contracts +€2,546
up €2,546 (+5.0%), from €51,120 to €53,667
- Cash -€2,051
down €2,051 (-12.7%), from €16,162 to €14,111
mainly Net result for the year (-€145,238) and Advances received (-€42,202)
- Profit (loss) carried forward -€145,238
down €145,238 (-279.9%), from -€51,885 to -€197,123
- Other debts +€106,437
new in 2024: €106,437
- Trade debts +€62,137
up €62,137 (+211.7%), from €29,347 to €91,484
- Advances received -€42,202
no longer reported in 2024 (was €42,202)
- Tax, wage and social debts +€15,073
up €15,073 (+36.3%), from €41,547 to €56,620
of which Taxes: +€11,987
- Gross operating margin -€79,201
down €79,201, from €77,783 to -€1,418
- Turnover -€49,933
down €49,933 (-10.8%), from €461,535 to €411,602
- Purchases and services +€43,986
up €43,986 (+11.3%), from €387,993 to €431,979
- Staff costs +€31,998
up €31,998 (+57.3%), from €55,805 to €87,803
- Depreciation -€8,578
down €8,578 (-71.4%), from €12,019 to €3,442
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 | €140,482 | €135,918 | -€4,564 | -3.2% |
| Fixed assets | 21/28 | €11,933 | €28,520 | +€16,587 | +139.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €11,933 | €15,920 | +€3,987 | +33.4% |
| Plant, machinery and equipment | 23 | €1,126 | €1,890 | +€765 | +67.9% |
| Furniture and vehicles | 24 | €8,790 | €12,438 | +€3,647 | +41.5% |
| Other tangible fixed assets | 26 | €2,017 | €1,592 | -€425 | -21.1% |
| Financial fixed assets | 28 | - | €12,600 | +€12,600 | |
| Current assets | 29/58 | €128,549 | €107,398 | -€21,151 | -16.5% |
| Stocks and contracts in progress | 3 | €51,120 | €53,667 | +€2,546 | +5.0% |
| Stocks | 30/36 | €51,120 | €53,667 | +€2,546 | +5.0% |
| Amounts receivable within one year | 40/41 | €61,267 | €39,620 | -€21,647 | -35.3% |
| Trade receivables | 40 | €43,046 | €21,361 | -€21,684 | -50.4% |
| Other amounts receivable | 41 | €18,222 | €18,259 | +€37 | +0.2% |
| Cash at bank and in hand | 54/58 | €16,162 | €14,111 | -€2,051 | -12.7% |
| Total equity and liabilities | 10/49 | €140,482 | €135,918 | -€4,564 | -3.2% |
| Equity | 10/15 | €15,235 | -€130,003 | -€145,238 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,120 | €5,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,120 | €5,120 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,120 | €5,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,885 | -€197,123 | -€145,238 | -279.9% |
| Amounts payable | 17/49 | €125,247 | €265,920 | +€140,674 | +112.3% |
| Amounts payable after more than one year | 17 | €12,150 | - | -€12,150 | |
| Other amounts payable | 178/9 | €12,150 | - | -€12,150 | |
| Amounts payable within one year | 42/48 | €113,097 | €254,541 | +€141,444 | +125.1% |
| Trade debts | 44 | €29,347 | €91,484 | +€62,137 | +211.7% |
| Suppliers | 440/4 | €29,347 | €91,484 | +€62,137 | +211.7% |
| Advances received on contracts in progress | 46 | €42,202 | - | -€42,202 | |
| Taxes, remuneration and social security | 45 | €41,547 | €56,620 | +€15,073 | +36.3% |
| Taxes | 450/3 | €39,143 | €51,130 | +€11,987 | +30.6% |
| Remuneration and social security | 454/9 | €2,405 | €5,490 | +€3,085 | +128.3% |
| Other amounts payable | 47/48 | - | €106,437 | +€106,437 | |
| Accrued charges and deferred income | 492/3 | - | €11,380 | +€11,380 | |
| Turnover | 70 | €461,535 | €411,602 | -€49,933 | -10.8% |
| Non-recurring operating income | 76A | - | €12,605 | +€12,605 | |
| Goods, raw materials, services and sundry goods | 60/61 | €387,993 | €431,979 | +€43,986 | +11.3% |
| Remuneration, social security and pensions | 62 | €55,805 | €87,803 | +€31,998 | +57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,019 | €3,442 | -€8,578 | -71.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €13,966 | €9,458 | -€4,508 | -32.3% |
| Other operating charges | 640/8 | €7,007 | €7,863 | +€856 | +12.2% |
| Non-recurring operating charges | 66A | €988 | €24,200 | +€23,212 | +2348.3% |
| Gross operating margin | 9900 | €77,783 | -€1,418 | -€79,201 | |
| Operating profit (loss) | 9901 | -€12,003 | -€134,184 | -€122,181 | -1017.9% |
| Financial income | 75/76B | €1 | €150 | +€149 | +24871.7% |
| Recurring financial income | 75 | €1 | €150 | +€149 | +24871.7% |
| Financial charges | 65/66B | €1,820 | €7,112 | +€5,292 | +290.8% |
| Recurring financial charges | 65 | €1,820 | €7,112 | +€5,292 | +290.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,822 | -€141,145 | -€127,323 | -921.2% |
| Income taxes | 67/77 | - | €4,093 | +€4,093 | |
| Profit (loss) for the period | 9904 | -€13,822 | -€145,238 | -€131,416 | -950.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,822 | -€145,238 | -€131,416 | -950.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.