EP DESIGN: 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.
EP DESIGN
Largest movements
- Cash +€114,025
up €114,025 (+584.2%), from €19,517 to €133,542
mainly Net result for the year (+€79,190) and Other debts (+€48,976)
- Receivables within one year -€28,343
down €28,343 (-89.1%), from €31,804 to €3,461
of which Trade receivables: -€24,963
- Stocks and contracts -€27,651
no longer reported in 2025 (was €27,651)
- Deferred charges and accrued income -€13,500
no longer reported in 2025 (was €13,500)
- Tangible fixed assets +€7,668
up €7,668 (+536.2%), from €1,430 to €9,098
- Other debts +€48,976
up €48,976 (+165.8%), from €29,543 to €78,519
- Profit (loss) carried forward +€3,190
up €3,190 (+12.3%), from €26,005 to €29,195
- Gross operating margin +€64,784
up €64,784 (+150.0%), from €43,186 to €107,970
- Taxes +€12,563
up €12,563 (+92.4%), from €13,591 to €26,154
- Depreciation +€2,374
up €2,374 (+1671.5%), from €142 to €2,516
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,902 | €146,101 | +€52,199 | +55.6% |
| Fixed assets | 21/28 | €1,430 | €9,098 | +€7,668 | +536.2% |
| Tangible fixed assets | 22/27 | €1,430 | €9,098 | +€7,668 | +536.2% |
| Plant, machinery and equipment | 23 | €1,430 | €9,098 | +€7,668 | +536.2% |
| Current assets | 29/58 | €92,472 | €137,003 | +€44,531 | +48.2% |
| Stocks and contracts in progress | 3 | €27,651 | - | -€27,651 | |
| Stocks | 30/36 | €27,651 | - | -€27,651 | |
| Amounts receivable within one year | 40/41 | €31,804 | €3,461 | -€28,343 | -89.1% |
| Trade receivables | 40 | €24,963 | - | -€24,963 | |
| Other amounts receivable | 41 | €6,841 | €3,461 | -€3,380 | -49.4% |
| Cash at bank and in hand | 54/58 | €19,517 | €133,542 | +€114,025 | +584.2% |
| Deferred charges and accrued income | 490/1 | €13,500 | - | -€13,500 | |
| Total equity and liabilities | 10/49 | €93,902 | €146,101 | +€52,199 | +55.6% |
| Equity | 10/15 | €62,865 | €66,055 | +€3,190 | +5.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,660 | €30,660 | = | 0.0% |
| Distributable reserves | 133 | €30,660 | €30,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,005 | €29,195 | +€3,190 | +12.3% |
| Amounts payable | 17/49 | €31,037 | €80,046 | +€49,009 | +157.9% |
| Amounts payable within one year | 42/48 | €31,037 | €80,046 | +€49,009 | +157.9% |
| Trade debts | 44 | €1,494 | €1,527 | +€33 | +2.2% |
| Suppliers | 440/4 | €1,494 | €1,527 | +€33 | +2.2% |
| Other amounts payable | 47/48 | €29,543 | €78,519 | +€48,976 | +165.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142 | €2,516 | +€2,374 | +1671.5% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €43,186 | €107,970 | +€64,784 | +150.0% |
| Operating profit (loss) | 9901 | €42,657 | €105,054 | +€62,397 | +146.3% |
| Financial income | 75/76B | €185 | €399 | +€214 | +115.6% |
| Recurring financial income | 75 | €185 | €399 | +€214 | +115.6% |
| Financial charges | 65/66B | €363 | €109 | -€254 | -69.9% |
| Recurring financial charges | 65 | €363 | €109 | -€254 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €42,479 | €105,344 | +€62,865 | +148.0% |
| Income taxes | 67/77 | €13,591 | €26,154 | +€12,563 | +92.4% |
| Profit (loss) for the period | 9904 | €28,888 | €79,190 | +€50,302 | +174.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,888 | €79,190 | +€50,302 | +174.1% |
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 6 October 2026 via checked.be.