E.P.H.: 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.
E.P.H.
Largest movements
- Receivables within one year -€6,481
down €6,481 (-80.3%), from €8,068 to €1,587
of which Trade receivables: -€5,091
- Tangible fixed assets +€5,703
up €5,703 (+19.4%), from €29,363 to €35,066
of which Plant, machinery and equipment: +€4,855
- Other debts -€5,041
down €5,041 (-43.3%), from €11,649 to €6,608
- Profit (loss) carried forward +€3,912
up €3,912 (+16.6%), from €23,614 to €27,526
- Tax, wage and social debts +€402
up €402, from €0 to €402
- Gross operating margin +€7,314
up €7,314 (+84.2%), from €8,688 to €16,002
- Depreciation +€2,394
up €2,394 (+27.1%), from €8,844 to €11,237
- Taxes +€402
new in 2024: €402
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,103 | €37,157 | -€946 | -2.5% |
| Fixed assets | 21/28 | €29,613 | €35,316 | +€5,703 | +19.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €29,363 | €35,066 | +€5,703 | +19.4% |
| Plant, machinery and equipment | 23 | €5,724 | €10,578 | +€4,855 | +84.8% |
| Furniture and vehicles | 24 | €23,639 | €24,488 | +€849 | +3.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €8,489 | €1,840 | -€6,649 | -78.3% |
| Amounts receivable within one year | 40/41 | €8,068 | €1,587 | -€6,481 | -80.3% |
| Trade receivables | 40 | €6,116 | €1,025 | -€5,091 | -83.2% |
| Other amounts receivable | 41 | €1,952 | €562 | -€1,390 | -71.2% |
| Cash at bank and in hand | 54/58 | €421 | €254 | -€168 | -39.8% |
| Total equity and liabilities | 10/49 | €38,103 | €37,157 | -€946 | -2.5% |
| Equity | 10/15 | €25,814 | €29,726 | +€3,912 | +15.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,614 | €27,526 | +€3,912 | +16.6% |
| Amounts payable | 17/49 | €12,288 | €7,431 | -€4,858 | -39.5% |
| Amounts payable within one year | 42/48 | €12,288 | €7,431 | -€4,858 | -39.5% |
| Trade debts | 44 | €640 | €421 | -€218 | -34.1% |
| Suppliers | 440/4 | €640 | €421 | -€218 | -34.1% |
| Taxes, remuneration and social security | 45 | €0 | €402 | +€402 | |
| Taxes | 450/3 | €0 | €402 | +€402 | |
| Other amounts payable | 47/48 | €11,649 | €6,608 | -€5,041 | -43.3% |
| Non-recurring operating income | 76A | - | €7,600 | +€7,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,844 | €11,237 | +€2,394 | +27.1% |
| Other operating charges | 640/8 | €404 | €407 | +€3 | +0.7% |
| Gross operating margin | 9900 | €8,688 | €16,002 | +€7,314 | +84.2% |
| Operating profit (loss) | 9901 | -€560 | €4,357 | +€4,918 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €68 | €47 | -€22 | -31.8% |
| Recurring financial charges | 65 | €68 | €47 | -€22 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€628 | €4,313 | +€4,942 | |
| Income taxes | 67/77 | - | €402 | +€402 | |
| Profit (loss) for the period | 9904 | -€628 | €3,912 | +€4,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€628 | €3,912 | +€4,540 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.