EQUISTAL: 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.
EQUISTAL
Largest movements
- Receivables within one year -€88,145
down €88,145 (-60.2%), from €146,455 to €58,309
of which Trade receivables: -€114,151
- Tangible fixed assets -€71,896
down €71,896 (-19.5%), from €369,530 to €297,634
of which Land and buildings: -€64,169
- Cash +€7,693
new in 2025: €7,693
mainly Receivables within one year (+€88,145) and Depreciation (+€71,896)
- Trade debts -€117,573
down €117,573 (-86.2%), from €136,445 to €18,872
- Debts after one year -€34,658
down €34,658 (-27.1%), from €127,804 to €93,146
- Short-term financial debts +€25,000
new in 2025: €25,000
- Tax, wage and social debts -€15,048
down €15,048 (-65.2%), from €23,095 to €8,046
of which Taxes: -€10,675
- Profit (loss) carried forward -€6,996
no longer reported in 2025 (was €6,996)
- Staff costs -€53,425
down €53,425 (-77.3%), from €69,139 to €15,714
- Gross operating margin -€43,861
down €43,861 (-32.4%), from €135,277 to €91,415
- Depreciation -€7,992
down €7,992 (-10.0%), from €79,888 to €71,896
- Taxes -€6,523
no longer reported in 2025 (was €6,523)
- Financial income -€1,391
down €1,391 (-88.5%), from €1,571 to €180
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 | €519,911 | €364,590 | -€155,320 | -29.9% |
| Fixed assets | 21/28 | €369,804 | €297,908 | -€71,896 | -19.4% |
| Tangible fixed assets | 22/27 | €369,530 | €297,634 | -€71,896 | -19.5% |
| Land and buildings | 22 | €360,034 | €295,865 | -€64,169 | -17.8% |
| Plant, machinery and equipment | 23 | €9,496 | €1,769 | -€7,727 | -81.4% |
| Financial fixed assets | 28 | €274 | €274 | = | 0.0% |
| Current assets | 29/58 | €150,106 | €66,682 | -€83,425 | -55.6% |
| Stocks and contracts in progress | 3 | €3,651 | €679 | -€2,973 | -81.4% |
| Stocks | 30/36 | €3,651 | €679 | -€2,973 | -81.4% |
| Amounts receivable within one year | 40/41 | €146,455 | €58,309 | -€88,145 | -60.2% |
| Trade receivables | 40 | €146,455 | €32,304 | -€114,151 | -77.9% |
| Other amounts receivable | 41 | - | €26,005 | +€26,005 | |
| Cash at bank and in hand | 54/58 | - | €7,693 | +€7,693 | |
| Total equity and liabilities | 10/49 | €519,911 | €364,590 | -€155,320 | -29.9% |
| Equity | 10/15 | €193,887 | €182,202 | -€11,686 | -6.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €168,299 | €163,610 | -€4,690 | -2.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €166,440 | €161,750 | -€4,690 | -2.8% |
| Profit (loss) carried forward | 14 | €6,996 | - | -€6,996 | |
| Amounts payable | 17/49 | €326,023 | €182,389 | -€143,635 | -44.1% |
| Amounts payable after more than one year | 17 | €127,804 | €93,146 | -€34,658 | -27.1% |
| Financial debts | 170/4 | €127,804 | €93,146 | -€34,658 | -27.1% |
| Amounts payable within one year | 42/48 | €198,219 | €89,242 | -€108,977 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €36,996 | €34,658 | -€2,338 | -6.3% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Other loans | 439 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €136,445 | €18,872 | -€117,573 | -86.2% |
| Suppliers | 440/4 | €136,445 | €18,872 | -€117,573 | -86.2% |
| Taxes, remuneration and social security | 45 | €23,095 | €8,046 | -€15,048 | -65.2% |
| Taxes | 450/3 | €10,675 | - | -€10,675 | |
| Remuneration and social security | 454/9 | €12,420 | €8,046 | -€4,373 | -35.2% |
| Other amounts payable | 47/48 | €1,683 | €2,666 | +€983 | +58.4% |
| Remuneration, social security and pensions | 62 | €69,139 | €15,714 | -€53,425 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,888 | €71,896 | -€7,992 | -10.0% |
| Other operating charges | 640/8 | €10,756 | €11,606 | +€850 | +7.9% |
| Gross operating margin | 9900 | €135,277 | €91,415 | -€43,861 | -32.4% |
| Operating profit (loss) | 9901 | -€24,506 | -€7,801 | +€16,705 | +68.2% |
| Financial income | 75/76B | €1,571 | €180 | -€1,391 | -88.5% |
| Recurring financial income | 75 | €1,571 | €180 | -€1,391 | -88.5% |
| Financial charges | 65/66B | €5,250 | €4,065 | -€1,185 | -22.6% |
| Recurring financial charges | 65 | €5,250 | €4,065 | -€1,185 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,185 | -€11,686 | +€16,499 | +58.5% |
| Income taxes | 67/77 | €6,523 | - | -€6,523 | |
| Profit (loss) for the period | 9904 | -€34,708 | -€11,686 | +€23,022 | +66.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,708 | -€11,686 | +€23,022 | +66.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.