EQUITEM: 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.
EQUITEM
Largest movements
- Deferred charges and accrued income +€5,677
new in 2025: €5,677
- Stocks and contracts +€3,500
new in 2025: €3,500
- Tangible fixed assets -€1,987
down €1,987 (-50.0%), from €3,974 to €1,987
- Cash +€738
up €738 (+3.8%), from €19,467 to €20,205
- Trade debts +€5,632
new in 2025: €5,632
- Profit (loss) carried forward +€1,960
up €1,960 (+2.9%), from -€66,626 to -€64,666
- Gross operating margin +€6,760
up €6,760, from -€3,015 to €3,745
- Depreciation +€1,987
new in 2025: €1,987
- Other operating charges +€515
up €515 (+103.7%), from €496 to €1,011
- Taxes +€287
new in 2025: €287
- Financial charges +€58
up €58 (+118.1%), from €49 to €106
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,532 | €31,617 | +€8,085 | +34.4% |
| Fixed assets | 21/28 | €3,974 | €1,987 | -€1,987 | -50.0% |
| Tangible fixed assets | 22/27 | €3,974 | €1,987 | -€1,987 | -50.0% |
| Furniture and vehicles | 24 | €3,974 | €1,987 | -€1,987 | -50.0% |
| Current assets | 29/58 | €19,558 | €29,630 | +€10,073 | +51.5% |
| Stocks and contracts in progress | 3 | - | €3,500 | +€3,500 | |
| Contracts in progress | 37 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €91 | €248 | +€157 | +173.0% |
| Trade receivables | 40 | €91 | - | -€91 | |
| Other amounts receivable | 41 | - | €248 | +€248 | |
| Cash at bank and in hand | 54/58 | €19,467 | €20,205 | +€738 | +3.8% |
| Deferred charges and accrued income | 490/1 | - | €5,677 | +€5,677 | |
| Total equity and liabilities | 10/49 | €23,532 | €31,617 | +€8,085 | +34.4% |
| Equity | 10/15 | €16,042 | €18,002 | +€1,960 | +12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,468 | €76,468 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €74,608 | €74,608 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€66,626 | -€64,666 | +€1,960 | +2.9% |
| Amounts payable | 17/49 | €7,490 | €13,615 | +€6,126 | +81.8% |
| Amounts payable within one year | 42/48 | €7,490 | €13,615 | +€6,126 | +81.8% |
| Trade debts | 44 | - | €5,632 | +€5,632 | |
| Suppliers | 440/4 | - | €5,632 | +€5,632 | |
| Taxes, remuneration and social security | 45 | - | €287 | +€287 | |
| Taxes | 450/3 | - | €287 | +€287 | |
| Other amounts payable | 47/48 | €7,490 | €7,697 | +€207 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,987 | +€1,987 | |
| Other operating charges | 640/8 | €496 | €1,011 | +€515 | +103.7% |
| Gross operating margin | 9900 | -€3,015 | €3,745 | +€6,760 | |
| Operating profit (loss) | 9901 | -€3,511 | €747 | +€4,258 | |
| Financial charges | 65/66B | €49 | €106 | +€58 | +118.1% |
| Recurring financial charges | 65 | €49 | €106 | +€58 | +118.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,560 | €640 | +€4,200 | |
| Income taxes | 67/77 | - | €287 | +€287 | |
| Profit (loss) for the period | 9904 | -€3,560 | €354 | +€3,914 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,560 | €354 | +€3,914 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.