EQUION CONSULTING: 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.
EQUION CONSULTING
Largest movements
- Receivables after one year -€97,500
no longer reported in 2025 (was €97,500)
- Cash +€45,873
up €45,873 (+360.2%), from €12,736 to €58,609
mainly Receivables after one year (+€97,500) and Receivables within one year (+€41,515)
- Receivables within one year -€41,515
down €41,515 (-24.8%), from €167,590 to €126,075
of which Other amounts receivable: -€29,599
- Tangible fixed assets -€22,946
down €22,946 (-15.3%), from €149,867 to €126,921
of which Furniture and vehicles: -€15,756
- Other debts -€111,327
down €111,327 (-99.0%), from €112,500 to €1,173
- Debts after one year -€11,928
down €11,928 (-42.9%), from €27,825 to €15,898
- Short-term financial debts +€6,692
new in 2025: €6,692
- Reserves -€4,384
down €4,384 (-1.7%), from €262,466 to €258,081
- Gross operating margin -€50,663
down €50,663 (-46.1%), from €109,906 to €59,243
- Taxes -€14,635
down €14,635 (-43.2%), from €33,870 to €19,235
- Depreciation +€8,748
up €8,748 (+56.5%), from €15,477 to €24,224
- Financial income -€3,827
down €3,827 (-95.2%), from €4,019 to €192
- Other operating charges -€3,035
down €3,035 (-59.9%), from €5,066 to €2,030
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.
Cash bridge derived
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 | €430,592 | €313,445 | -€117,147 | -27.2% |
| Fixed assets | 21/28 | €149,867 | €126,921 | -€22,946 | -15.3% |
| Tangible fixed assets | 22/27 | €149,867 | €126,921 | -€22,946 | -15.3% |
| Furniture and vehicles | 24 | €73,812 | €58,056 | -€15,756 | -21.3% |
| Other tangible fixed assets | 26 | €76,055 | €68,865 | -€7,189 | -9.5% |
| Current assets | 29/58 | €280,725 | €186,524 | -€94,201 | -33.6% |
| Amounts receivable after more than one year | 29 | €97,500 | - | -€97,500 | |
| Other amounts receivable | 291 | €97,500 | - | -€97,500 | |
| Amounts receivable within one year | 40/41 | €167,590 | €126,075 | -€41,515 | -24.8% |
| Trade receivables | 40 | €113,701 | €101,785 | -€11,916 | -10.5% |
| Other amounts receivable | 41 | €53,889 | €24,290 | -€29,599 | -54.9% |
| Cash at bank and in hand | 54/58 | €12,736 | €58,609 | +€45,873 | +360.2% |
| Deferred charges and accrued income | 490/1 | €2,900 | €1,841 | -€1,059 | -36.5% |
| Total equity and liabilities | 10/49 | €430,592 | €313,445 | -€117,147 | -27.2% |
| Equity | 10/15 | €268,666 | €264,281 | -€4,384 | -1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €262,466 | €258,081 | -€4,384 | -1.7% |
| Distributable reserves | 133 | €262,466 | €258,081 | -€4,384 | -1.7% |
| Amounts payable | 17/49 | €161,926 | €49,164 | -€112,763 | -69.6% |
| Amounts payable after more than one year | 17 | €27,825 | €15,898 | -€11,928 | -42.9% |
| Financial debts | 170/4 | €27,825 | €15,898 | -€11,928 | -42.9% |
| Amounts payable within one year | 42/48 | €134,101 | €33,266 | -€100,835 | -75.2% |
| Current portion of amounts payable after more than one year | 42 | €11,646 | €11,928 | +€282 | +2.4% |
| Financial debts | 43 | - | €6,692 | +€6,692 | |
| Credit institutions | 430/8 | - | €6,692 | +€6,692 | |
| Trade debts | 44 | €4,856 | €7,363 | +€2,507 | +51.6% |
| Suppliers | 440/4 | €4,856 | €7,363 | +€2,507 | +51.6% |
| Taxes, remuneration and social security | 45 | €5,099 | €6,110 | +€1,011 | +19.8% |
| Taxes | 450/3 | €3,211 | €4,222 | +€1,011 | +31.5% |
| Remuneration and social security | 454/9 | €1,888 | €1,888 | = | 0.0% |
| Other amounts payable | 47/48 | €112,500 | €1,173 | -€111,327 | -99.0% |
| Non-recurring operating income | 76A | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,477 | €24,224 | +€8,748 | +56.5% |
| Other operating charges | 640/8 | €5,066 | €2,030 | -€3,035 | -59.9% |
| Gross operating margin | 9900 | €109,906 | €59,243 | -€50,663 | -46.1% |
| Operating profit (loss) | 9901 | €89,363 | €32,988 | -€56,375 | -63.1% |
| Financial income | 75/76B | €4,019 | €192 | -€3,827 | -95.2% |
| Recurring financial income | 75 | €4,019 | €192 | -€3,827 | -95.2% |
| Financial charges | 65/66B | €5,703 | €7,486 | +€1,784 | +31.3% |
| Recurring financial charges | 65 | €5,703 | €7,486 | +€1,784 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €87,680 | €25,694 | -€61,986 | -70.7% |
| Income taxes | 67/77 | €33,870 | €19,235 | -€14,635 | -43.2% |
| Profit (loss) for the period | 9904 | €53,810 | €6,459 | -€47,351 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,810 | €6,459 | -€47,351 | -88.0% |
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 10 October 2026 via checked.be.