EQUISIL: 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.
EQUISIL
Largest movements
- Cash -€53,464
down €53,464 (-95.1%), from €56,247 to €2,784
mainly Net result for the year (-€61,663) and Investment in fixed assets (net) (-€46,728)
- Stocks and contracts -€50,882
down €50,882 (-84.8%), from €60,000 to €9,118
- Intangible fixed assets +€46,728
new in 2025: €46,728
- Receivables within one year -€5,307
down €5,307 (-64.2%), from €8,260 to €2,953
- Profit (loss) carried forward -€61,663
down €61,663 (-49.8%), from -€123,849 to -€185,512
- Gross operating margin +€64,808
up €64,808 (+53.2%), from -€121,766 to -€56,959
- Financial charges +€4,126
up €4,126 (+2328.9%), from €177 to €4,304
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 | €124,507 | €61,582 | -€62,925 | -50.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €46,728 | +€46,728 | |
| Intangible fixed assets | 21 | - | €46,728 | +€46,728 | |
| Current assets | 29/58 | €124,507 | €14,854 | -€109,653 | -88.1% |
| Stocks and contracts in progress | 3 | €60,000 | €9,118 | -€50,882 | -84.8% |
| Stocks | 30/36 | €60,000 | €9,118 | -€50,882 | -84.8% |
| Amounts receivable within one year | 40/41 | €8,260 | €2,953 | -€5,307 | -64.2% |
| Other amounts receivable | 41 | €8,260 | €2,953 | -€5,307 | -64.2% |
| Cash at bank and in hand | 54/58 | €56,247 | €2,784 | -€53,464 | -95.1% |
| Total equity and liabilities | 10/49 | €124,507 | €61,582 | -€62,925 | -50.5% |
| Equity | 10/15 | €62,561 | €815 | -€61,746 | -98.7% |
| Contributions | 10/11 | €186,410 | €186,326 | -€84 | 0.0% |
| Profit (loss) carried forward | 14 | -€123,849 | -€185,512 | -€61,663 | -49.8% |
| Amounts payable | 17/49 | €61,946 | €60,767 | -€1,179 | -1.9% |
| Amounts payable within one year | 42/48 | €61,946 | €60,767 | -€1,179 | -1.9% |
| Trade debts | 44 | €61,946 | €60,767 | -€1,179 | -1.9% |
| Suppliers | 440/4 | €61,946 | €60,767 | -€1,179 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,130 | - | -€1,130 | |
| Other operating charges | 640/8 | €776 | €401 | -€375 | -48.4% |
| Gross operating margin | 9900 | -€121,766 | -€56,959 | +€64,808 | +53.2% |
| Operating profit (loss) | 9901 | -€123,672 | -€57,359 | +€66,313 | +53.6% |
| Financial charges | 65/66B | €177 | €4,304 | +€4,126 | +2328.9% |
| Recurring financial charges | 65 | €177 | €4,304 | +€4,126 | +2328.9% |
| Profit (loss) for the period before taxes | 9903 | -€123,849 | -€61,663 | +€62,186 | +50.2% |
| Profit (loss) for the period | 9904 | -€123,849 | -€61,663 | +€62,186 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€123,849 | -€61,663 | +€62,186 | +50.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.