EQUIS: 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.
EQUIS
Largest movements
- Receivables within one year -€41,383
down €41,383 (-34.1%), from €121,464 to €80,081
of which Trade receivables: -€60,792
- Tangible fixed assets -€1,833
down €1,833 (-46.7%), from €3,922 to €2,090
of which Furniture and vehicles: -€1,522
- Trade debts -€38,912
down €38,912 (-97.6%), from €39,859 to €948
- Profit (loss) carried forward -€9,246
down €9,246 (-137.4%), from -€6,727 to -€15,973
- Other debts +€5,372
up €5,372 (+205.3%), from €2,616 to €7,989
- Gross operating margin -€35,713
down €35,713, from €27,439 to -€8,274
- Other operating charges -€30,731
down €30,731 (-96.7%), from €31,777 to €1,047
- Financial income +€1,104
up €1,104 (+87.5%), from €1,263 to €2,367
- Taxes -€872
down €872 (-95.0%), from €918 to €46
- Depreciation -€408
down €408 (-18.2%), from €2,241 to €1,833
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 | €141,411 | €97,138 | -€44,272 | -31.3% |
| Fixed assets | 21/28 | €15,322 | €13,490 | -€1,833 | -12.0% |
| Tangible fixed assets | 22/27 | €3,922 | €2,090 | -€1,833 | -46.7% |
| Plant, machinery and equipment | 23 | €989 | €679 | -€310 | -31.4% |
| Furniture and vehicles | 24 | €2,933 | €1,411 | -€1,522 | -51.9% |
| Financial fixed assets | 28 | €11,400 | €11,400 | = | 0.0% |
| Current assets | 29/58 | €126,088 | €83,648 | -€42,440 | -33.7% |
| Amounts receivable within one year | 40/41 | €121,464 | €80,081 | -€41,383 | -34.1% |
| Trade receivables | 40 | €91,439 | €30,647 | -€60,792 | -66.5% |
| Other amounts receivable | 41 | €30,026 | €49,434 | +€19,409 | +64.6% |
| Cash at bank and in hand | 54/58 | €3,381 | €2,636 | -€746 | -22.1% |
| Deferred charges and accrued income | 490/1 | €1,243 | €932 | -€311 | -25.0% |
| Total equity and liabilities | 10/49 | €141,411 | €97,138 | -€44,272 | -31.3% |
| Equity | 10/15 | €95,248 | €86,002 | -€9,246 | -9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,775 | €95,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,915 | €93,915 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,727 | -€15,973 | -€9,246 | -137.4% |
| Amounts payable | 17/49 | €46,163 | €11,136 | -€35,027 | -75.9% |
| Amounts payable within one year | 42/48 | €46,163 | €11,136 | -€35,027 | -75.9% |
| Financial debts | 43 | €2,758 | €1,968 | -€790 | -28.6% |
| Credit institutions | 430/8 | €2,758 | €1,968 | -€790 | -28.6% |
| Trade debts | 44 | €39,859 | €948 | -€38,912 | -97.6% |
| Suppliers | 440/4 | €39,859 | €948 | -€38,912 | -97.6% |
| Taxes, remuneration and social security | 45 | €929 | €232 | -€697 | -75.1% |
| Taxes | 450/3 | €929 | €232 | -€697 | -75.1% |
| Other amounts payable | 47/48 | €2,616 | €7,989 | +€5,372 | +205.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,241 | €1,833 | -€408 | -18.2% |
| Other operating charges | 640/8 | €31,777 | €1,047 | -€30,731 | -96.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €27,439 | -€8,274 | -€35,713 | |
| Operating profit (loss) | 9901 | -€6,579 | -€11,153 | -€4,575 | -69.5% |
| Financial income | 75/76B | €1,263 | €2,367 | +€1,104 | +87.5% |
| Recurring financial income | 75 | €1,263 | €2,367 | +€1,104 | +87.5% |
| Financial charges | 65/66B | €494 | €413 | -€81 | -16.3% |
| Recurring financial charges | 65 | €494 | €413 | -€81 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,810 | -€9,200 | -€3,390 | -58.3% |
| Income taxes | 67/77 | €918 | €46 | -€872 | -95.0% |
| Profit (loss) for the period | 9904 | -€6,728 | -€9,246 | -€2,518 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,728 | -€9,246 | -€2,518 | -37.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.