EQUINOXIAL: 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.
EQUINOXIAL
Largest movements
- Receivables within one year +€16,440
up €16,440 (+78.9%), from €20,827 to €37,267
of which Trade receivables: +€16,794
- Tangible fixed assets -€548
no longer reported in 2025 (was €548)
- Trade debts +€11,730
up €11,730 (+64.9%), from €18,073 to €29,803
- Profit (loss) carried forward +€4,066
up €4,066 (+24.9%), from -€16,338 to -€12,272
- Gross operating margin +€23,719
up €23,719, from -€17,030 to €6,690
- Other operating charges +€1,115
up €1,115 (+211%), from €530 to €1,645
- Depreciation +€521
up €521 (+394%), from €132 to €653
- Financial charges +€179
up €179 (+121%), from €147 to €326
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,026 | €37,912 | +€15,887 | +72.1% |
| Fixed assets | 21/28 | €1,198 | €645 | -€553 | -46.2% |
| Intangible fixed assets | 21 | €423 | €317 | -€106 | -25.0% |
| Tangible fixed assets | 22/27 | €548 | - | -€548 | |
| Furniture and vehicles | 24 | €548 | - | -€548 | |
| Financial fixed assets | 28 | €228 | €328 | +€100 | +43.9% |
| Current assets | 29/58 | €20,827 | €37,267 | +€16,440 | +78.9% |
| Amounts receivable within one year | 40/41 | €20,827 | €37,267 | +€16,440 | +78.9% |
| Trade receivables | 40 | €9,925 | €26,719 | +€16,794 | +169% |
| Other amounts receivable | 41 | €10,902 | €10,548 | -€354 | -3.2% |
| Total equity and liabilities | 10/49 | €22,026 | €37,912 | +€15,887 | +72.1% |
| Equity | 10/15 | €2,440 | €6,506 | +€4,066 | +167% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €178 | €178 | = | 0.0% |
| Non-distributable reserves | 130/1 | €178 | €178 | = | 0.0% |
| Reserves not available under the articles | 1311 | €178 | €178 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,338 | -€12,272 | +€4,066 | +24.9% |
| Amounts payable | 17/49 | €19,585 | €31,406 | +€11,821 | +60.4% |
| Amounts payable within one year | 42/48 | €19,585 | €31,406 | +€11,821 | +60.4% |
| Financial debts | 43 | €882 | €973 | +€91 | +10.3% |
| Credit institutions | 430/8 | €882 | €973 | +€91 | +10.3% |
| Trade debts | 44 | €18,073 | €29,803 | +€11,730 | +64.9% |
| Suppliers | 440/4 | €18,073 | €29,803 | +€11,730 | +64.9% |
| Taxes, remuneration and social security | 45 | €630 | €630 | = | 0.0% |
| Taxes | 450/3 | €630 | €630 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132 | €653 | +€521 | +394% |
| Other operating charges | 640/8 | €530 | €1,645 | +€1,115 | +211% |
| Gross operating margin | 9900 | -€17,030 | €6,690 | +€23,719 | |
| Operating profit (loss) | 9901 | -€17,691 | €4,392 | +€22,083 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €147 | €326 | +€179 | +121% |
| Recurring financial charges | 65 | €147 | €326 | +€179 | +121% |
| Profit (loss) for the period before taxes | 9903 | -€17,839 | €4,066 | +€21,905 | |
| Profit (loss) for the period | 9904 | -€17,839 | €4,066 | +€21,905 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,839 | €4,066 | +€21,905 |
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 25 October 2026 via checked.be.