EP Consulting: 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.
EP Consulting
Largest movements
- Tangible fixed assets +€220,566
up €220,566 (+35,753%), from €617 to €221,183
of which Land and buildings: +€214,889
- Cash -€44,897
down €44,897 (-74.1%), from €60,570 to €15,672
mainly Investment in fixed assets (net) (-€228,066) and Tax, wage and social debts (-€23,620)
- Receivables within one year +€14,573
up €14,573 (+25.9%), from €56,192 to €70,765
of which Other amounts receivable: +€35,116
- Debts after one year +€185,731
new in 2025: €185,731
- Tax, wage and social debts -€23,620
down €23,620 (-63.6%), from €37,120 to €13,501
- Profit (loss) carried forward +€16,912
up €16,912 (+25.2%), from €67,183 to €84,094
- Current portion of long-term debt +€10,168
new in 2025: €10,168
- Other operating charges +€28,391
up €28,391 (+2,942%), from €965 to €29,356
- Gross operating margin -€20,398
down €20,398 (-22.5%), from €90,488 to €70,090
- Taxes -€12,165
down €12,165 (-55.4%), from €21,958 to €9,794
- Depreciation +€7,191
up €7,191 (+2,331%), from €308 to €7,500
- Financial charges +€4,282
up €4,282 (+684%), from €626 to €4,909
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 | €117,379 | €307,621 | +€190,242 | +162% |
| Fixed assets | 21/28 | €617 | €221,183 | +€220,566 | +35,753% |
| Tangible fixed assets | 22/27 | €617 | €221,183 | +€220,566 | +35,753% |
| Land and buildings | 22 | - | €214,889 | +€214,889 | |
| Furniture and vehicles | 24 | €617 | €6,294 | +€5,677 | +920% |
| Current assets | 29/58 | €116,762 | €86,438 | -€30,324 | -26.0% |
| Amounts receivable within one year | 40/41 | €56,192 | €70,765 | +€14,573 | +25.9% |
| Trade receivables | 40 | €40,750 | €20,207 | -€20,543 | -50.4% |
| Other amounts receivable | 41 | €15,442 | €50,558 | +€35,116 | +227% |
| Cash at bank and in hand | 54/58 | €60,570 | €15,672 | -€44,897 | -74.1% |
| Total equity and liabilities | 10/49 | €117,379 | €307,621 | +€190,242 | +162% |
| Equity | 10/15 | €79,683 | €96,594 | +€16,912 | +21.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | €12,500 | = | 0.0% |
| Issued capital | 100 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,183 | €84,094 | +€16,912 | +25.2% |
| Amounts payable | 17/49 | €37,696 | €211,027 | +€173,331 | +460% |
| Amounts payable after more than one year | 17 | - | €185,731 | +€185,731 | |
| Financial debts | 170/4 | - | €185,731 | +€185,731 | |
| Amounts payable within one year | 42/48 | €37,696 | €25,296 | -€12,401 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | - | €10,168 | +€10,168 | |
| Trade debts | 44 | €576 | €1,627 | +€1,051 | +182% |
| Suppliers | 440/4 | €576 | €1,627 | +€1,051 | +182% |
| Taxes, remuneration and social security | 45 | €37,120 | €13,501 | -€23,620 | -63.6% |
| Taxes | 450/3 | €37,120 | €13,501 | -€23,620 | -63.6% |
| Remuneration, social security and pensions | 62 | €3,160 | €3,386 | +€226 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308 | €7,500 | +€7,191 | +2,331% |
| Other operating charges | 640/8 | €965 | €29,356 | +€28,391 | +2,942% |
| Gross operating margin | 9900 | €90,488 | €70,090 | -€20,398 | -22.5% |
| Operating profit (loss) | 9901 | €86,054 | €29,848 | -€56,206 | -65.3% |
| Financial income | 75/76B | - | €1,766 | +€1,766 | |
| Recurring financial income | 75 | - | €1,766 | +€1,766 | |
| Financial charges | 65/66B | €626 | €4,909 | +€4,282 | +684% |
| Recurring financial charges | 65 | €626 | €4,909 | +€4,282 | +684% |
| Profit (loss) for the period before taxes | 9903 | €85,428 | €26,705 | -€58,722 | -68.7% |
| Income taxes | 67/77 | €21,958 | €9,794 | -€12,165 | -55.4% |
| Profit (loss) for the period | 9904 | €63,469 | €16,912 | -€46,558 | -73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €63,469 | €16,912 | -€46,558 | -73.4% |
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 17 October 2026 via checked.be.