Eqwal Stomacare: 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.
What changed
Eqwal Stomacare
NACE 47.741, Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€233,891
2024 · €277,388-€43,497
Equity
€1.2m
2024 · €984,896+€233,891
Cash
€353,071
2024 · €358,383-€5,312
Balance sheet total
€2.7m
2024 · €2.5m+€189,786
Largest movements
Assets
- Receivables within one year +€152,657
up €152,657 (+7.9%), from €1.9m to €2.1m
of which Trade receivables: +€91,571
- Stocks and contracts +€94,913
up €94,913 (+94.1%), from €100,831 to €195,744
Equity and liabilities
- Reserves +€234,500
up €234,500 (+24.3%), from €964,000 to €1.2m
- Tax, wage and social debts -€85,212
down €85,212 (-27.2%), from €313,738 to €228,526
of which Taxes: -€117,346
- Trade debts +€62,106
up €62,106 (+9.3%), from €667,156 to €729,262
Income statement
- Gross operating margin -€117,583
down €117,583 (-7.8%), from €1.5m to €1.4m
- Write-downs -€79,997
down €79,997 (-45.6%), from €175,336 to €95,339
- Staff costs +€57,564
up €57,564 (+6.4%), from €898,325 to €955,889
- Taxes -€30,752
down €30,752 (-25.5%), from €120,414 to €89,661
- Financial income +€16,875
up €16,875 (+78.8%), from €21,403 to €38,278
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.
Result 2024
€277,388
Gross operating margin
-€117,583
Staff costs
-€57,564
Depreciation
+€5,148
Write-downs
+€79,997
Other operating charges
+€1,927
Financial income
+€16,875
Financial charges
-€3,050
Taxes
+€30,752
Result 2025
€233,891
raises the resultlowers the result
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.
From operations
+€7,542
Investment
+€8,046
Financing
-€20,901
Cash 2024
€358,383
From operations (derived)
+€7,542
Net result for the year
+€233,891
Depreciation
+€41,194
Stocks and contracts
-€94,913
Receivables within one year
-€152,657
Deferred charges and accrued income
+€3,232
Trade debts
+€62,106
Tax, wage and social debts
-€85,212
Other debts
-€98
Investment (derived)
+€8,046
Investment in fixed assets (net)
+€8,046
Financing
-€20,901
Debts after one year
-€2,212
Current portion of long-term debt
-€18,689
Cash 2025
€353,071
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,489,002 | €2,678,788 | +€189,786 | +7.6% |
| Fixed assets | 21/28 | €102,255 | €53,015 | -€49,240 | -48.2% |
| Intangible fixed assets | 21 | €50,382 | €31,703 | -€18,679 | -37.1% |
| Tangible fixed assets | 22/27 | €44,598 | €19,662 | -€24,937 | -55.9% |
| Plant, machinery and equipment | 23 | €2,421 | €0 | -€2,421 | -100% |
| Furniture and vehicles | 24 | €42,177 | €19,662 | -€22,515 | -53.4% |
| Financial fixed assets | 28 | €7,275 | €1,650 | -€5,625 | -77.3% |
| Current assets | 29/58 | €2,386,747 | €2,625,773 | +€239,026 | +10.0% |
| Stocks and contracts in progress | 3 | €100,831 | €195,744 | +€94,913 | +94.1% |
| Stocks | 30/36 | €100,831 | €195,744 | +€94,913 | +94.1% |
| Amounts receivable within one year | 40/41 | €1,920,615 | €2,073,272 | +€152,657 | +7.9% |
| Trade receivables | 40 | €820,752 | €912,323 | +€91,571 | +11.2% |
| Other amounts receivable | 41 | €1,099,863 | €1,160,950 | +€61,086 | +5.6% |
| Cash at bank and in hand | 54/58 | €358,383 | €353,071 | -€5,312 | -1.5% |
| Deferred charges and accrued income | 490/1 | €6,917 | €3,685 | -€3,232 | -46.7% |
| Total equity and liabilities | 10/49 | €2,489,002 | €2,678,788 | +€189,786 | +7.6% |
| Equity | 10/15 | €984,896 | €1,218,787 | +€233,891 | +23.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €964,000 | €1,198,500 | +€234,500 | +24.3% |
| Distributable reserves | 133 | €964,000 | €1,198,500 | +€234,500 | +24.3% |
| Profit (loss) carried forward | 14 | €896 | €287 | -€609 | -67.9% |
| Amounts payable | 17/49 | €1,504,105 | €1,460,000 | -€44,105 | -2.9% |
| Amounts payable after more than one year | 17 | €2,212 | €0 | -€2,212 | -100% |
| Financial debts | 170/4 | €2,212 | €0 | -€2,212 | -100% |
| Amounts payable within one year | 42/48 | €1,501,893 | €1,460,000 | -€41,893 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €20,901 | €2,212 | -€18,689 | -89.4% |
| Trade debts | 44 | €667,156 | €729,262 | +€62,106 | +9.3% |
| Suppliers | 440/4 | €667,156 | €729,262 | +€62,106 | +9.3% |
| Taxes, remuneration and social security | 45 | €313,738 | €228,526 | -€85,212 | -27.2% |
| Taxes | 450/3 | €137,669 | €20,322 | -€117,346 | -85.2% |
| Remuneration and social security | 454/9 | €176,070 | €208,204 | +€32,134 | +18.3% |
| Other amounts payable | 47/48 | €500,098 | €500,000 | -€98 | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €898,325 | €955,889 | +€57,564 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,342 | €41,194 | -€5,148 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €175,336 | €95,339 | -€79,997 | -45.6% |
| Other operating charges | 640/8 | €7,201 | €5,274 | -€1,927 | -26.8% |
| Gross operating margin | 9900 | €1,506,145 | €1,388,562 | -€117,583 | -7.8% |
| Operating profit (loss) | 9901 | €378,941 | €290,866 | -€88,074 | -23.2% |
| Financial income | 75/76B | €21,403 | €38,278 | +€16,875 | +78.8% |
| Recurring financial income | 75 | €21,403 | €38,278 | +€16,875 | +78.8% |
| Financial charges | 65/66B | €2,541 | €5,591 | +€3,050 | +120% |
| Recurring financial charges | 65 | €2,541 | €5,591 | +€3,050 | +120% |
| Profit (loss) for the period before taxes | 9903 | €397,802 | €323,552 | -€74,250 | -18.7% |
| Income taxes | 67/77 | €120,414 | €89,661 | -€30,752 | -25.5% |
| Profit (loss) for the period | 9904 | €277,388 | €233,891 | -€43,497 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €277,388 | €233,891 | -€43,497 | -15.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.