L'EQUIPE: what changed
Two fiscal 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
L'EQUIPE
NACE 86.104, Human health activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1.8m
2024 · -€856,430-€898,073
Equity
€9.4m
2024 · €11.1m-€1.8m
Cash
€1.3m
2024 · €967,138+€338,117
Balance sheet total
€15.2m
2024 · €17.4m-€2.2m
Largest movements
Assets
- Current investments -€1.4m
down €1.4m (-20.7%), from €6.9m to €5.4m
- Receivables within one year -€742,955
down €742,955 (-28.1%), from €2.6m to €1.9m
of which Trade receivables: -€713,066
- Tangible fixed assets -€421,953
down €421,953 (-6.4%), from €6.6m to €6.1m
of which Land and buildings: -€428,673
- Cash +€338,117
up €338,117 (+35.0%), from €967,138 to €1.3m
mainly Current investments (+€1.4m) and Receivables within one year (+€742,955)
Equity and liabilities
- Profit (loss) carried forward -€1.8m
down €1.8m (-77.9%), from €2.3m to €498,754
- Provisions -€509,147
down €509,147 (-37.1%), from €1.4m to €863,032
- Debts within one year +€282,209
up €282,209 (+9.5%), from €3.0m to €3.3m
of which Current portion of long-term debt: +€609,977
- Debts after one year -€186,265
down €186,265 (-9.9%), from €1.9m to €1.7m
of which Financial debts: -€186,265
Income statement
- Turnover +€6.3m
up €6.3m (+189.2%), from €3.3m to €9.6m
- Staff costs +€544,791
up €544,791 (+5.2%), from €10.5m to €11.0m
- Services and other goods +€170,512
up €170,512 (+7.8%), from €2.2m to €2.4m
- Financial income +€105,735
up €105,735 (+33.4%), from €316,759 to €422,495
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
-€856,430
Turnover
+€6.3m
Other operating income
+€10,652
Goods and materials
-€8,267
Services and other goods
-€170,512
Staff costs
-€544,791
Depreciation
-€1,331
Other operating charges
+€7,140
Other operating items
-€6.6m
Financial income
+€105,735
Financial charges
+€50,645
Result 2025
-€1.8m
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.
From operations
-€723,876
Investment
+€1.3m
Financing
-€197,271
Cash 2024
€967,138
From operations (derived)
-€723,876
Net result for the year
-€1.8m
Depreciation
+€490,086
Receivables within one year
+€742,955
Deferred charges and accrued income
+€24,595
Provisions
-€509,147
Debts within one year
+€282,209
Accrued charges and deferred income
-€70
Investment (derived)
+€1.3m
Investment in fixed assets (net)
-€158,586
Current investments
+€1.4m
Financing
-€197,271
Debts after one year
-€186,265
Contributions, distributions and other
-€11,005
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,363,031 | €15,184,248 | -€2.2m | -12.5% |
| Fixed assets | 21/28 | €6,830,650 | €6,499,150 | -€331,500 | -4.9% |
| Intangible fixed assets | 21 | €274,571 | €365,024 | +€90,452 | +32.9% |
| Tangible fixed assets | 22/27 | €6,556,078 | €6,134,126 | -€421,953 | -6.4% |
| Land and buildings | 22 | €6,522,864 | €6,094,191 | -€428,673 | -6.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €33,214 | €39,935 | +€6,721 | +20.2% |
| Current assets | 29/58 | €10,532,381 | €8,685,099 | -€1.8m | -17.5% |
| Amounts receivable within one year | 40/41 | €2,644,684 | €1,901,730 | -€742,955 | -28.1% |
| Trade receivables | 40 | €2,495,928 | €1,782,861 | -€713,066 | -28.6% |
| Other amounts receivable | 41 | €148,757 | €118,869 | -€29,888 | -20.1% |
| Current investments | 50/53 | €6,856,851 | €5,439,001 | -€1.4m | -20.7% |
| Cash at bank and in hand | 54/58 | €967,138 | €1,305,256 | +€338,117 | +35.0% |
| Deferred charges and accrued income | 490/1 | €63,707 | €39,112 | -€24,595 | -38.6% |
| Total equity and liabilities | 10/49 | €17,363,031 | €15,184,248 | -€2.2m | -12.5% |
| Equity | 10/15 | €11,122,614 | €9,357,106 | -€1.8m | -15.9% |
| Revaluation surpluses | 12 | €2,512,503 | €2,512,503 | = | 0.0% |
| Reserves | 13 | €6,155,444 | €6,155,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,253,257 | €498,754 | -€1.8m | -77.9% |
| Investment grants | 15 | €201,409 | €190,404 | -€11,005 | -5.5% |
| Provisions and deferred taxes | 16 | €1,372,180 | €863,032 | -€509,147 | -37.1% |
| Provisions for liabilities and charges | 160/5 | €1,372,180 | €863,032 | -€509,147 | -37.1% |
| Major repairs and maintenance | 162 | €1,372,180 | €764,032 | -€608,147 | -44.3% |
| Other liabilities and charges | 164/5 | - | €99,000 | +€99,000 | |
| Amounts payable | 17/49 | €4,868,237 | €4,964,110 | +€95,873 | +2.0% |
| Amounts payable after more than one year | 17 | €1,876,638 | €1,690,373 | -€186,265 | -9.9% |
| Financial debts | 170/4 | €1,823,000 | €1,636,734 | -€186,265 | -10.2% |
| Credit institutions | 173 | €1,823,000 | €1,636,734 | -€186,265 | -10.2% |
| Other amounts payable | 178/9 | €53,639 | €53,639 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,978,089 | €3,260,297 | +€282,209 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €180,077 | €790,053 | +€609,977 | +338.7% |
| Trade debts | 44 | €1,068,653 | €968,722 | -€99,931 | -9.4% |
| Suppliers | 440/4 | €1,068,653 | €968,722 | -€99,931 | -9.4% |
| Taxes, remuneration and social security | 45 | €1,623,300 | €1,398,423 | -€224,876 | -13.9% |
| Taxes | 450/3 | €121,964 | €125,795 | +€3,831 | +3.1% |
| Remuneration and social security | 454/9 | €1,501,336 | €1,272,628 | -€228,708 | -15.2% |
| Accrued charges and deferred income | 492/3 | €13,510 | €13,440 | -€70 | -0.5% |
| Operating income | 70/76A | €12,518,751 | €12,038,303 | -€480,448 | -3.8% |
| Turnover | 70 | €3,315,927 | €9,589,729 | +€6.3m | +189.2% |
| Membership fees, donations, legacies and grants | 73 | €8,555,641 | €1,615,873 | -€6.9m | -81.1% |
| Other operating income | 74 | €542,657 | €553,309 | +€10,652 | +2.0% |
| Non-recurring operating income | 76A | €104,525 | €279,392 | +€174,867 | +167.3% |
| Operating charges | 60/66A | €13,517,062 | €14,091,069 | +€574,006 | +4.2% |
| Goods for resale, raw materials and consumables | 60 | €537,117 | €545,385 | +€8,267 | +1.5% |
| Purchases | 600/8 | €537,117 | €545,385 | +€8,267 | +1.5% |
| Services and other goods | 61 | €2,189,604 | €2,360,116 | +€170,512 | +7.8% |
| Remuneration, social security and pensions | 62 | €10,499,793 | €11,044,584 | +€544,791 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €488,755 | €490,086 | +€1,331 | +0.3% |
| Other operating charges | 640/8 | €156,267 | €149,127 | -€7,140 | -4.6% |
| Non-recurring operating charges | 66A | €37,803 | €10,918 | -€26,885 | -71.1% |
| Operating profit (loss) | 9901 | -€998,312 | -€2,052,765 | -€1.1m | -105.6% |
| Financial income | 75/76B | €316,759 | €422,495 | +€105,735 | +33.4% |
| Recurring financial income | 75 | €316,759 | €422,495 | +€105,735 | +33.4% |
| Income from financial fixed assets | 750 | €85,127 | - | -€85,127 | |
| Income from current assets | 751 | €1,869 | €411,490 | +€409,621 | +21922.3% |
| Other financial income | 752/9 | €229,763 | €11,005 | -€218,758 | -95.2% |
| Financial charges | 65/66B | €174,878 | €124,232 | -€50,645 | -29.0% |
| Recurring financial charges | 65 | €174,878 | €124,232 | -€50,645 | -29.0% |
| Debt charges | 650 | €58,399 | €71,637 | +€13,238 | +22.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€30,111 | -€75,510 | -€45,399 | -150.8% |
| Other financial charges | 652/9 | €146,590 | €128,105 | -€18,485 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | -€856,430 | -€1,754,503 | -€898,073 | -104.9% |
| Profit (loss) for the period | 9904 | -€856,430 | -€1,754,503 | -€898,073 | -104.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€856,430 | -€1,754,503 | -€898,073 | -104.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.