EquiTerra: 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.
EquiTerra
Largest movements
- Cash -€70,050
down €70,050 (-91.2%), from €76,778 to €6,728
mainly Contributions, distributions and other (-€127,000) and Tax, wage and social debts (-€17,163)
- Receivables within one year -€5,460
down €5,460 (-28.4%), from €19,235 to €13,775
of which Trade receivables: -€5,599
- Tangible fixed assets +€4,409
up €4,409 (+38.2%), from €11,542 to €15,951
of which Furniture and vehicles: +€4,809
- Profit (loss) carried forward -€89,508
down €89,508 (-99.1%), from €90,325 to €817
- Other debts +€33,230
up €33,230 (+591.1%), from €5,622 to €38,852
- Tax, wage and social debts -€17,163
down €17,163 (-45.8%), from €37,486 to €20,322
of which Taxes: -€21,133
- Trade debts +€2,296
up €2,296 (+175.0%), from €1,312 to €3,608
- Gross operating margin +€4,301
up €4,301 (+8.4%), from €51,136 to €55,438
- Depreciation -€2,795
down €2,795 (-32.1%), from €8,718 to €5,923
- Taxes -€1,553
down €1,553 (-12.5%), from €12,430 to €10,876
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 | €134,845 | €63,700 | -€71,145 | -52.8% |
| Fixed assets | 21/28 | €11,542 | €15,951 | +€4,409 | +38.2% |
| Tangible fixed assets | 22/27 | €11,542 | €15,951 | +€4,409 | +38.2% |
| Plant, machinery and equipment | 23 | €1,070 | €670 | -€400 | -37.4% |
| Furniture and vehicles | 24 | €10,473 | €15,282 | +€4,809 | +45.9% |
| Current assets | 29/58 | €123,302 | €47,749 | -€75,554 | -61.3% |
| Amounts receivable after more than one year | 29 | €27,289 | €26,246 | -€1,044 | -3.8% |
| Other amounts receivable | 291 | €27,289 | €26,246 | -€1,044 | -3.8% |
| Amounts receivable within one year | 40/41 | €19,235 | €13,775 | -€5,460 | -28.4% |
| Trade receivables | 40 | €18,206 | €12,608 | -€5,599 | -30.8% |
| Other amounts receivable | 41 | €1,029 | €1,167 | +€139 | +13.5% |
| Cash at bank and in hand | 54/58 | €76,778 | €6,728 | -€70,050 | -91.2% |
| Deferred charges and accrued income | 490/1 | - | €1,000 | +€1,000 | |
| Total equity and liabilities | 10/49 | €134,845 | €63,700 | -€71,145 | -52.8% |
| Equity | 10/15 | €90,425 | €917 | -€89,508 | -99.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,325 | €817 | -€89,508 | -99.1% |
| Amounts payable | 17/49 | €44,419 | €62,782 | +€18,363 | +41.3% |
| Amounts payable within one year | 42/48 | €44,419 | €62,782 | +€18,363 | +41.3% |
| Trade debts | 44 | €1,312 | €3,608 | +€2,296 | +175.0% |
| Suppliers | 440/4 | €1,312 | €3,608 | +€2,296 | +175.0% |
| Taxes, remuneration and social security | 45 | €37,486 | €20,322 | -€17,163 | -45.8% |
| Taxes | 450/3 | €37,486 | €16,353 | -€21,133 | -56.4% |
| Remuneration and social security | 454/9 | - | €3,970 | +€3,970 | |
| Other amounts payable | 47/48 | €5,622 | €38,852 | +€33,230 | +591.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,718 | €5,923 | -€2,795 | -32.1% |
| Other operating charges | 640/8 | €1,158 | €1,285 | +€127 | +10.9% |
| Gross operating margin | 9900 | €51,136 | €55,438 | +€4,301 | +8.4% |
| Operating profit (loss) | 9901 | €41,261 | €48,230 | +€6,970 | +16.9% |
| Financial income | 75/76B | €803 | €401 | -€402 | -50.0% |
| Recurring financial income | 75 | €803 | €401 | -€402 | -50.0% |
| Financial charges | 65/66B | €343 | €263 | -€80 | -23.3% |
| Recurring financial charges | 65 | €343 | €263 | -€80 | -23.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €41,721 | €48,369 | +€6,648 | +15.9% |
| Income taxes | 67/77 | €12,430 | €10,876 | -€1,553 | -12.5% |
| Profit (loss) for the period | 9904 | €29,291 | €37,492 | +€8,201 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,291 | €37,492 | +€8,201 | +28.0% |
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 11 October 2026 via checked.be.