EQUITE INVEST: 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.
EQUITE INVEST
Largest movements
- Cash +€34,112
up €34,112 (+17.3%), from €197,129 to €231,241
mainly Net result for the year (+€144,419) and Other debts (+€111,430)
- Receivables within one year +€28,414
up €28,414 (+34.9%), from €81,433 to €109,847
of which Other amounts receivable: +€28,248
- Other debts +€111,430
up €111,430 (+39.6%), from €281,728 to €393,158
- Profit (loss) carried forward -€55,581
down €55,581 (-22.7%), from €244,596 to €189,015
- Gross operating margin -€20,254
down €20,254 (-30.3%), from €66,853 to €46,600
- Financial income +€13,538
up €13,538 (+11.2%), from €121,240 to €134,778
of which Financial income: +€8,760
- Financial charges +€7,286
up €7,286 (+58.7%), from €12,403 to €19,689
- Taxes -€6,645
down €6,645 (-49.4%), from €13,439 to €6,794
- Other operating charges +€1,497
up €1,497 (+412%), from €363 to €1,860
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.
Derived cash bridge
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 | €583,480 | €643,670 | +€60,190 | +10.3% |
| Fixed assets | 21/28 | €302,333 | €301,217 | -€1,116 | -0.4% |
| Tangible fixed assets | 22/27 | €2,333 | €1,217 | -€1,116 | -47.8% |
| Furniture and vehicles | 24 | €2,333 | €1,217 | -€1,116 | -47.8% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €281,146 | €342,453 | +€61,306 | +21.8% |
| Amounts receivable within one year | 40/41 | €81,433 | €109,847 | +€28,414 | +34.9% |
| Trade receivables | 40 | - | €166 | +€166 | |
| Other amounts receivable | 41 | €81,433 | €109,681 | +€28,248 | +34.7% |
| Cash at bank and in hand | 54/58 | €197,129 | €231,241 | +€34,112 | +17.3% |
| Deferred charges and accrued income | 490/1 | €2,585 | €1,364 | -€1,220 | -47.2% |
| Total equity and liabilities | 10/49 | €583,480 | €643,670 | +€60,190 | +10.3% |
| Equity | 10/15 | €265,056 | €209,475 | -€55,581 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,596 | €189,015 | -€55,581 | -22.7% |
| Amounts payable | 17/49 | €318,423 | €434,195 | +€115,771 | +36.4% |
| Amounts payable within one year | 42/48 | €318,423 | €434,195 | +€115,771 | +36.4% |
| Trade debts | 44 | €126 | €62 | -€64 | -50.5% |
| Suppliers | 440/4 | €126 | €62 | -€64 | -50.5% |
| Taxes, remuneration and social security | 45 | €36,570 | €40,975 | +€4,405 | +12.0% |
| Taxes | 450/3 | €36,570 | €40,975 | +€4,405 | +12.0% |
| Other amounts payable | 47/48 | €281,728 | €393,158 | +€111,430 | +39.6% |
| Remuneration, social security and pensions | 62 | €7,487 | €7,500 | +€12 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,016 | €1,116 | +€101 | +9.9% |
| Other operating charges | 640/8 | €363 | €1,860 | +€1,497 | +412% |
| Gross operating margin | 9900 | €66,853 | €46,600 | -€20,254 | -30.3% |
| Operating profit (loss) | 9901 | €57,987 | €36,123 | -€21,864 | -37.7% |
| Financial income | 75/76B | €121,240 | €134,778 | +€13,538 | +11.2% |
| Recurring financial income | 75 | €121,240 | €130,000 | +€8,760 | +7.2% |
| Non-recurring financial income | 76B | - | €4,778 | +€4,778 | |
| Financial charges | 65/66B | €12,403 | €19,689 | +€7,286 | +58.7% |
| Recurring financial charges | 65 | €12,403 | €19,689 | +€7,286 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | €166,825 | €151,212 | -€15,612 | -9.4% |
| Income taxes | 67/77 | €13,439 | €6,794 | -€6,645 | -49.4% |
| Profit (loss) for the period | 9904 | €153,386 | €144,419 | -€8,967 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €153,386 | €144,419 | -€8,967 | -5.8% |
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 20 October 2026 via checked.be.