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EQUITABLE PARTNERSHIP: 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.

What changed

EQUITABLE PARTNERSHIP

BE 0845.476.546
NACE 50.400, Inland freight water transport
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€382
2024 · -€1,018+€1,400
Equity
€335,621
2024 · €335,239+€382
Cash
€361,717
2024 · €356,182+€5,535
Balance sheet total
€410,148
2024 · €441,678-€31,530

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€37,608

    down €37,608 (-44.0%), from €85,496 to €47,888

    of which Trade receivables: -€35,819

  • Cash +€5,535

    up €5,535 (+1.6%), from €356,182 to €361,717

    mainly Receivables within one year (+€37,608) and Trade debts (+€907)

Equity and liabilities
  • Other debts -€30,000

    down €30,000 (-29.6%), from €101,334 to €71,334

Income statement
  • Turnover +€6,083

    up €6,083 (+73.5%), from €8,275 to €14,358

  • Gross operating margin +€3,402

    up €3,402 (+97.5%), from -€3,488 to -€86

  • Purchases and services +€2,679

    up €2,679 (+22.8%), from €11,764 to €14,443

  • Financial income -€2,111

    down €2,111 (-32.7%), from €6,447 to €4,336

  • Taxes -€1,118

    down €1,118 (-57.8%), from €1,934 to €816

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,018
Gross operating margin +€3,402
Staff costs -€422
Depreciation -€199
Financial income -€2,111
Financial charges -€388
Taxes +€1,118
Result 2025 €382

Cash bridge derived

cash 2024 to 2025

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.

From operations +€6,277
Investment -€742
Financing €0
Cash 2024 €356,182
Net result for the year +€382
Depreciation +€199
Receivables within one year +€37,608
Trade debts +€907
Other debts -€30,000
Accrued charges and deferred income -€2,819
Investment in fixed assets (net) -€742
Cash 2025 €361,717
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €441,678 €410,148 -€31,530 -7.1%
Fixed assets 21/28 - €543 +€543
Tangible fixed assets 22/27 - €543 +€543
Plant, machinery and equipment 23 - €543 +€543
Current assets 29/58 €441,678 €409,605 -€32,073 -7.3%
Amounts receivable within one year 40/41 €85,496 €47,888 -€37,608 -44.0%
Trade receivables 40 €75,522 €39,703 -€35,819 -47.4%
Other amounts receivable 41 €9,974 €8,185 -€1,789 -17.9%
Cash at bank and in hand 54/58 €356,182 €361,717 +€5,535 +1.6%
Total equity and liabilities 10/49 €441,678 €410,148 -€31,530 -7.1%
Equity 10/15 €335,239 €335,621 +€382 +0.1%
Contributions 10/11 €128,000 €128,000 = 0.0%
Reserves 13 €12,800 €12,800 = 0.0%
Non-distributable reserves 130/1 €12,800 €12,800 = 0.0%
Reserves not available under the articles 1311 €12,800 €12,800 = 0.0%
Profit (loss) carried forward 14 €194,439 €194,821 +€382 +0.2%
Amounts payable 17/49 €106,439 €74,527 -€31,912 -30.0%
Amounts payable within one year 42/48 €102,417 €73,324 -€29,093 -28.4%
Trade debts 44 €1,083 €1,990 +€907 +83.7%
Suppliers 440/4 €1,083 €1,990 +€907 +83.7%
Other amounts payable 47/48 €101,334 €71,334 -€30,000 -29.6%
Accrued charges and deferred income 492/3 €4,022 €1,203 -€2,819 -70.1%
Turnover 70 €8,275 €14,358 +€6,083 +73.5%
Goods, raw materials, services and sundry goods 60/61 €11,764 €14,443 +€2,679 +22.8%
Remuneration, social security and pensions 62 €1,537 €1,959 +€422 +27.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €199 +€199
Gross operating margin 9900 -€3,488 -€86 +€3,402 +97.5%
Operating profit (loss) 9901 -€5,025 -€2,244 +€2,781 +55.3%
Financial income 75/76B €6,447 €4,336 -€2,111 -32.7%
Recurring financial income 75 €6,447 €4,336 -€2,111 -32.7%
Financial charges 65/66B €506 €894 +€388 +76.7%
Recurring financial charges 65 €506 €894 +€388 +76.7%
Profit (loss) for the period before taxes 9903 €916 €1,198 +€282 +30.8%
Income taxes 67/77 €1,934 €816 -€1,118 -57.8%
Profit (loss) for the period 9904 -€1,018 €382 +€1,400
Profit (loss) for the period to be appropriated 9905 -€1,018 €382 +€1,400

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 29 September 2026 via checked.be.