EPC-Expert: 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-Expert
Largest movements
- Cash -€6,792
down €6,792 (-78.4%), from €8,658 to €1,866
mainly Contributions, distributions and other (-€9,598) and Other debts (-€1,585)
- Tangible fixed assets -€2,000
down €2,000 (-36.3%), from €5,512 to €3,511
- Receivables within one year +€560
up €560 (+42.7%), from €1,312 to €1,873
- Profit (loss) carried forward -€6,229
down €6,229 (-64.9%), from €9,598 to €3,370
- Other debts -€1,585
down €1,585 (-47.4%), from €3,340 to €1,755
- Trade debts -€341
down €341 (-33.8%), from €1,007 to €666
- Gross operating margin -€8,549
down €8,549 (-54.3%), from €15,755 to €7,206
- Taxes -€2,126
down €2,126 (-61.9%), from €3,431 to €1,306
- Other operating charges -€624
down €624 (-57.2%), from €1,091 to €467
- Depreciation +€441
up €441 (+28.3%), from €1,559 to €2,000
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 | €15,822 | €7,589 | -€8,232 | -52.0% |
| Fixed assets | 21/28 | €5,512 | €3,511 | -€2,000 | -36.3% |
| Tangible fixed assets | 22/27 | €5,512 | €3,511 | -€2,000 | -36.3% |
| Furniture and vehicles | 24 | €5,512 | €3,511 | -€2,000 | -36.3% |
| Current assets | 29/58 | €10,310 | €4,078 | -€6,232 | -60.4% |
| Amounts receivable within one year | 40/41 | €1,312 | €1,873 | +€560 | +42.7% |
| Other amounts receivable | 41 | €1,312 | €1,873 | +€560 | +42.7% |
| Cash at bank and in hand | 54/58 | €8,658 | €1,866 | -€6,792 | -78.4% |
| Deferred charges and accrued income | 490/1 | €340 | €340 | = | 0.0% |
| Total equity and liabilities | 10/49 | €15,822 | €7,589 | -€8,232 | -52.0% |
| Equity | 10/15 | €10,598 | €4,370 | -€6,229 | -58.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,598 | €3,370 | -€6,229 | -64.9% |
| Amounts payable | 17/49 | €5,223 | €3,220 | -€2,004 | -38.4% |
| Amounts payable within one year | 42/48 | €5,157 | €3,153 | -€2,005 | -38.9% |
| Trade debts | 44 | €1,007 | €666 | -€341 | -33.8% |
| Suppliers | 440/4 | €1,007 | €666 | -€341 | -33.8% |
| Taxes, remuneration and social security | 45 | €811 | €731 | -€80 | -9.8% |
| Taxes | 450/3 | €811 | €731 | -€80 | -9.8% |
| Other amounts payable | 47/48 | €3,340 | €1,755 | -€1,585 | -47.4% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €223 | €582 | +€359 | +161.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,559 | €2,000 | +€441 | +28.3% |
| Other operating charges | 640/8 | €1,091 | €467 | -€624 | -57.2% |
| Gross operating margin | 9900 | €15,755 | €7,206 | -€8,549 | -54.3% |
| Operating profit (loss) | 9901 | €13,106 | €4,739 | -€8,367 | -63.8% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €76 | €72 | -€4 | -4.7% |
| Recurring financial charges | 65 | €76 | €72 | -€4 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €13,030 | €4,676 | -€8,354 | -64.1% |
| Income taxes | 67/77 | €3,431 | €1,306 | -€2,126 | -61.9% |
| Profit (loss) for the period | 9904 | €9,598 | €3,370 | -€6,229 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,598 | €3,370 | -€6,229 | -64.9% |
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.