L'EQUIPAGE: 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.
L'EQUIPAGE
Largest movements
- Receivables within one year +€1,719
up €1,719 (+81.8%), from €2,101 to €3,820
of which Trade receivables: +€1,719
- Tax, wage and social debts +€3,239
up €3,239 (+115%), from €2,826 to €6,064
- Profit (loss) carried forward -€1,459
down €1,459 (-67.9%), from €2,147 to €689
- Gross operating margin +€9,532
up €9,532 (+49.8%), from €19,155 to €28,688
- Taxes +€6,247
up €6,247 (+576%), from €1,085 to €7,332
- Other operating charges +€465
new in 2025: €465
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 | €6,373 | €8,153 | +€1,780 | +27.9% |
| Current assets | 29/58 | €6,373 | €8,153 | +€1,780 | +27.9% |
| Amounts receivable within one year | 40/41 | €2,101 | €3,820 | +€1,719 | +81.8% |
| Trade receivables | 40 | €2,096 | €3,815 | +€1,719 | +82.0% |
| Other amounts receivable | 41 | €5 | €5 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,272 | €4,333 | +€61 | +1.4% |
| Total equity and liabilities | 10/49 | €6,373 | €8,153 | +€1,780 | +27.9% |
| Equity | 10/15 | €3,147 | €1,689 | -€1,459 | -46.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,147 | €689 | -€1,459 | -67.9% |
| Amounts payable | 17/49 | €3,226 | €6,464 | +€3,239 | +100% |
| Amounts payable within one year | 42/48 | €3,226 | €6,464 | +€3,239 | +100% |
| Taxes, remuneration and social security | 45 | €2,826 | €6,064 | +€3,239 | +115% |
| Taxes | 450/3 | €2,826 | €6,064 | +€3,239 | +115% |
| Other amounts payable | 47/48 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | - | €465 | +€465 | |
| Gross operating margin | 9900 | €19,155 | €28,688 | +€9,532 | +49.8% |
| Operating profit (loss) | 9901 | €19,155 | €28,222 | +€9,067 | +47.3% |
| Financial charges | 65/66B | €44 | €43 | -€1 | -2.6% |
| Recurring financial charges | 65 | €44 | €43 | -€1 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €19,111 | €28,179 | +€9,068 | +47.4% |
| Income taxes | 67/77 | €1,085 | €7,332 | +€6,247 | +576% |
| Profit (loss) for the period | 9904 | €18,027 | €20,847 | +€2,821 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,027 | €20,847 | +€2,821 | +15.6% |
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 16 October 2026 via checked.be.