L'Equité-Service: 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'Equité-Service
Largest movements
- Cash +€26,071
up €26,071 (+30.8%), from €84,600 to €110,671
mainly Net result for the year (+€138,299) and Other debts (+€16,743)
- Receivables within one year -€12,108
down €12,108 (-26.8%), from €45,260 to €33,152
of which Trade receivables: -€12,003
- Tangible fixed assets -€3,211
down €3,211 (-9.9%), from €32,299 to €29,088
of which Furniture and vehicles: -€3,639
- Other debts +€16,743
up €16,743 (+13.1%), from €128,164 to €144,907
- Profit (loss) carried forward -€10,255
down €10,255 (-35.1%), from €29,190 to €18,935
- Tax, wage and social debts +€3,821
up €3,821 (+8.9%), from €42,754 to €46,574
of which Remuneration and social security: +€19,074
- Gross operating margin +€29,351
up €29,351 (+8.2%), from €359,929 to €389,280
- Staff costs +€25,019
up €25,019 (+16.3%), from €153,941 to €178,960
- Depreciation -€4,170
down €4,170 (-28.0%), from €14,899 to €10,729
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 | €234,654 | €246,006 | +€11,352 | +4.8% |
| Fixed assets | 21/28 | €104,794 | €102,183 | -€2,611 | -2.5% |
| Tangible fixed assets | 22/27 | €32,299 | €29,088 | -€3,211 | -9.9% |
| Plant, machinery and equipment | 23 | €11,814 | €12,243 | +€428 | +3.6% |
| Furniture and vehicles | 24 | €20,484 | €16,845 | -€3,639 | -17.8% |
| Financial fixed assets | 28 | €72,495 | €73,095 | +€600 | +0.8% |
| Current assets | 29/58 | €129,860 | €143,823 | +€13,963 | +10.8% |
| Amounts receivable within one year | 40/41 | €45,260 | €33,152 | -€12,108 | -26.8% |
| Trade receivables | 40 | €44,734 | €32,731 | -€12,003 | -26.8% |
| Other amounts receivable | 41 | €525 | €421 | -€104 | -19.9% |
| Cash at bank and in hand | 54/58 | €84,600 | €110,671 | +€26,071 | +30.8% |
| Total equity and liabilities | 10/49 | €234,654 | €246,006 | +€11,352 | +4.8% |
| Equity | 10/15 | €49,642 | €39,386 | -€10,255 | -20.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,190 | €18,935 | -€10,255 | -35.1% |
| Amounts payable | 17/49 | €185,012 | €206,620 | +€21,608 | +11.7% |
| Amounts payable within one year | 42/48 | €185,012 | €206,620 | +€21,608 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €1,112 | - | -€1,112 | |
| Trade debts | 44 | €12,983 | €15,139 | +€2,156 | +16.6% |
| Suppliers | 440/4 | €12,983 | €15,139 | +€2,156 | +16.6% |
| Taxes, remuneration and social security | 45 | €42,754 | €46,574 | +€3,821 | +8.9% |
| Taxes | 450/3 | €25,902 | €10,649 | -€15,254 | -58.9% |
| Remuneration and social security | 454/9 | €16,852 | €35,926 | +€19,074 | +113% |
| Other amounts payable | 47/48 | €128,164 | €144,907 | +€16,743 | +13.1% |
| Remuneration, social security and pensions | 62 | €153,941 | €178,960 | +€25,019 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,899 | €10,729 | -€4,170 | -28.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,899 | €5,129 | +€1,231 | +31.6% |
| Other operating charges | 640/8 | €2,834 | €2,740 | -€94 | -3.3% |
| Non-recurring operating charges | 66A | €442 | - | -€442 | |
| Gross operating margin | 9900 | €359,929 | €389,280 | +€29,351 | +8.2% |
| Operating profit (loss) | 9901 | €183,914 | €191,721 | +€7,807 | +4.2% |
| Financial income | 75/76B | €502 | €2,605 | +€2,103 | +419% |
| Recurring financial income | 75 | €502 | €1,587 | +€1,085 | +216% |
| Non-recurring financial income | 76B | - | €1,017 | +€1,017 | |
| Financial charges | 65/66B | €4,970 | €4,747 | -€223 | -4.5% |
| Recurring financial charges | 65 | €4,970 | €4,747 | -€223 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €179,446 | €189,579 | +€10,133 | +5.6% |
| Income taxes | 67/77 | €47,737 | €51,281 | +€3,544 | +7.4% |
| Profit (loss) for the period | 9904 | €131,709 | €138,299 | +€6,589 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €131,709 | €138,299 | +€6,589 | +5.0% |
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 24 October 2026 via checked.be.