EPC CENTER: 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.
EPC CENTER
Largest movements
- Cash +€18,898
up €18,898 (+32.9%), from €57,365 to €76,262
mainly Net result for the year (+€16,430) and Depreciation (+€13,313)
- Tangible fixed assets -€9,283
down €9,283 (-18.3%), from €50,751 to €41,468
of which Furniture and vehicles: -€11,395
- Receivables within one year +€7,414
new in 2025: €7,414
of which Other amounts receivable: +€5,233
- Deferred charges and accrued income +€2,990
new in 2025: €2,990
- Profit (loss) carried forward +€16,430
up €16,430 (+112%), from €14,652 to €31,081
- Tax, wage and social debts +€12,151
up €12,151 (+48.9%), from €24,842 to €36,993
of which Taxes: +€11,955
- Other debts -€7,098
down €7,098 (-15.9%), from €44,772 to €37,674
- Gross operating margin +€19,864
up €19,864 (+53.7%), from €36,972 to €56,836
- Taxes +€11,729
up €11,729 (+167%), from €7,014 to €18,743
- Depreciation +€7,846
up €7,846 (+144%), from €5,466 to €13,313
- Financial charges +€1,293
up €1,293 (+521%), from €248 to €1,542
- Other operating charges -€640
down €640 (-8.6%), from €7,450 to €6,810
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 | €108,142 | €128,161 | +€20,019 | +18.5% |
| Fixed assets | 21/28 | €50,751 | €41,468 | -€9,283 | -18.3% |
| Tangible fixed assets | 22/27 | €50,751 | €41,468 | -€9,283 | -18.3% |
| Land and buildings | 22 | €485 | €0 | -€485 | -100% |
| Plant, machinery and equipment | 23 | €2,620 | €5,217 | +€2,597 | +99.1% |
| Furniture and vehicles | 24 | €47,646 | €36,252 | -€11,395 | -23.9% |
| Current assets | 29/58 | €57,391 | €86,693 | +€29,302 | +51.1% |
| Amounts receivable within one year | 40/41 | - | €7,414 | +€7,414 | |
| Trade receivables | 40 | - | €2,181 | +€2,181 | |
| Other amounts receivable | 41 | - | €5,233 | +€5,233 | |
| Current investments | 50/53 | €26 | €26 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,365 | €76,262 | +€18,898 | +32.9% |
| Deferred charges and accrued income | 490/1 | - | €2,990 | +€2,990 | |
| Total equity and liabilities | 10/49 | €108,142 | €128,161 | +€20,019 | +18.5% |
| Equity | 10/15 | €34,700 | €51,129 | +€16,430 | +47.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,448 | €1,448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,448 | €1,448 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,448 | €1,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,652 | €31,081 | +€16,430 | +112% |
| Amounts payable | 17/49 | €73,442 | €77,031 | +€3,589 | +4.9% |
| Amounts payable within one year | 42/48 | €73,442 | €77,031 | +€3,589 | +4.9% |
| Financial debts | 43 | €798 | - | -€798 | |
| Credit institutions | 430/8 | €798 | - | -€798 | |
| Trade debts | 44 | €3,030 | €2,364 | -€666 | -22.0% |
| Suppliers | 440/4 | €3,030 | €2,364 | -€666 | -22.0% |
| Taxes, remuneration and social security | 45 | €24,842 | €36,993 | +€12,151 | +48.9% |
| Taxes | 450/3 | €18,997 | €30,952 | +€11,955 | +62.9% |
| Remuneration and social security | 454/9 | €5,845 | €6,041 | +€196 | +3.4% |
| Other amounts payable | 47/48 | €44,772 | €37,674 | -€7,098 | -15.9% |
| Non-recurring operating income | 76A | - | €2,479 | +€2,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,466 | €13,313 | +€7,846 | +144% |
| Other operating charges | 640/8 | €7,450 | €6,810 | -€640 | -8.6% |
| Gross operating margin | 9900 | €36,972 | €56,836 | +€19,864 | +53.7% |
| Operating profit (loss) | 9901 | €24,055 | €36,712 | +€12,657 | +52.6% |
| Financial income | 75/76B | €0 | €2 | +€2 | +2,091% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +2,091% |
| Financial charges | 65/66B | €248 | €1,542 | +€1,293 | +521% |
| Recurring financial charges | 65 | €248 | €1,542 | +€1,293 | +521% |
| Profit (loss) for the period before taxes | 9903 | €23,807 | €35,173 | +€11,366 | +47.7% |
| Income taxes | 67/77 | €7,014 | €18,743 | +€11,729 | +167% |
| Profit (loss) for the period | 9904 | €16,793 | €16,430 | -€363 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,793 | €16,430 | -€363 | -2.2% |
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 23 October 2026 via checked.be.