EPC-B: 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.
EPC-B
Largest movements
- Receivables within one year -€29,174
down €29,174 (-2.5%), from €1.2m to €1.1m
of which Trade receivables: -€52,332
- Cash +€28,434
up €28,434 (+93.4%), from €30,457 to €58,891
mainly Other debts (+€200,000) and Net result for the year (+€48,396)
- Tangible fixed assets -€21,042
down €21,042 (-10.3%), from €204,578 to €183,535
of which Plant, machinery and equipment: -€16,518
- Other debts +€200,000
up €200,000 (+400.0%), from €50,000 to €250,000
- Profit (loss) carried forward -€151,604
down €151,604 (-74.5%), from €203,542 to €51,938
- Trade debts -€89,398
down €89,398 (-20.5%), from €435,560 to €346,161
- Goods and materials -€45,156
down €45,156 (-7.1%), from €633,271 to €588,115
of which Purchases: -€61,166
- Turnover -€34,957
down €34,957 (-3.4%), from €1.0m to €987,559
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 | €1,451,875 | €1,417,090 | -€34,784 | -2.4% |
| Fixed assets | 21/28 | €204,578 | €183,535 | -€21,042 | -10.3% |
| Tangible fixed assets | 22/27 | €204,578 | €183,535 | -€21,042 | -10.3% |
| Land and buildings | 22 | €99,678 | €95,153 | -€4,525 | -4.5% |
| Plant, machinery and equipment | 23 | €104,900 | €88,382 | -€16,518 | -15.7% |
| Current assets | 29/58 | €1,247,297 | €1,233,555 | -€13,742 | -1.1% |
| Stocks and contracts in progress | 3 | €55,186 | €42,184 | -€13,002 | -23.6% |
| Stocks | 30/36 | €55,186 | €42,184 | -€13,002 | -23.6% |
| Raw materials and consumables | 30/31 | €55,186 | €42,184 | -€13,002 | -23.6% |
| Amounts receivable within one year | 40/41 | €1,161,654 | €1,132,480 | -€29,174 | -2.5% |
| Trade receivables | 40 | €200,899 | €148,567 | -€52,332 | -26.0% |
| Other amounts receivable | 41 | €960,755 | €983,913 | +€23,158 | +2.4% |
| Cash at bank and in hand | 54/58 | €30,457 | €58,891 | +€28,434 | +93.4% |
| Total equity and liabilities | 10/49 | €1,451,875 | €1,417,090 | -€34,784 | -2.4% |
| Equity | 10/15 | €961,592 | €809,987 | -€151,604 | -15.8% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €8,050 | €8,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,050 | €8,050 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,050 | €8,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,542 | €51,938 | -€151,604 | -74.5% |
| Amounts payable | 17/49 | €490,283 | €607,103 | +€116,820 | +23.8% |
| Amounts payable within one year | 42/48 | €490,283 | €607,103 | +€116,820 | +23.8% |
| Trade debts | 44 | €435,560 | €346,161 | -€89,398 | -20.5% |
| Suppliers | 440/4 | €435,560 | €346,161 | -€89,398 | -20.5% |
| Taxes, remuneration and social security | 45 | €4,723 | €10,942 | +€6,218 | +131.7% |
| Taxes | 450/3 | €4,723 | €10,942 | +€6,218 | +131.7% |
| Other amounts payable | 47/48 | €50,000 | €250,000 | +€200,000 | +400.0% |
| Operating income | 70/76A | €1,022,516 | €987,588 | -€34,928 | -3.4% |
| Turnover | 70 | €1,022,516 | €987,559 | -€34,957 | -3.4% |
| Other operating income | 74 | - | €29 | +€29 | |
| Operating charges | 60/66A | €984,165 | €944,292 | -€39,873 | -4.1% |
| Goods for resale, raw materials and consumables | 60 | €633,271 | €588,115 | -€45,156 | -7.1% |
| Purchases | 600/8 | €636,280 | €575,114 | -€61,166 | -9.6% |
| Change in stocks: decrease (increase) | 609 | -€3,008 | €13,002 | +€16,010 | |
| Services and other goods | 61 | €314,020 | €318,369 | +€4,348 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,723 | €37,779 | +€1,056 | +2.9% |
| Other operating charges | 640/8 | €150 | €29 | -€121 | -80.4% |
| Operating profit (loss) | 9901 | €38,351 | €43,296 | +€4,945 | +12.9% |
| Financial income | 75/76B | €29,700 | €22,493 | -€7,206 | -24.3% |
| Recurring financial income | 75 | €29,700 | €22,493 | -€7,206 | -24.3% |
| Income from current assets | 751 | €29,700 | €22,493 | -€7,206 | -24.3% |
| Financial charges | 65/66B | €1,158 | €1,175 | +€18 | +1.5% |
| Recurring financial charges | 65 | €1,158 | €1,175 | +€18 | +1.5% |
| Debt charges | 650 | - | €14 | +€14 | |
| Other financial charges | 652/9 | €1,158 | €1,161 | +€3 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €66,893 | €64,614 | -€2,279 | -3.4% |
| Income taxes | 67/77 | €16,724 | €16,218 | -€505 | -3.0% |
| Taxes | 670/3 | €16,724 | €16,218 | -€505 | -3.0% |
| Profit (loss) for the period | 9904 | €50,170 | €48,396 | -€1,774 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,170 | €48,396 | -€1,774 | -3.5% |
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 8 October 2026 via checked.be.