EPHILYS: 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.
EPHILYS
Largest movements
- Tangible fixed assets -€20,637
down €20,637 (-5.4%), from €383,927 to €363,290
of which Land and buildings: -€11,696
- Cash +€17,055
up €17,055 (+31.0%), from €54,994 to €72,049
mainly Net result for the year (+€61,121) and Depreciation (+€23,059)
- Receivables within one year +€16,227
up €16,227, from €0 to €16,227
- Debts after one year -€65,600
down €65,600 (-23.5%), from €278,967 to €213,367
of which Other amounts payable: -€40,000
- Profit (loss) carried forward +€61,121
up €61,121 (+82.4%), from €74,153 to €135,273
- Current portion of long-term debt +€21,071
up €21,071 (+47.3%), from €44,529 to €65,600
- Other debts -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Tax, wage and social debts +€19,178
up €19,178 (+137.0%), from €13,997 to €33,175
of which Taxes: +€19,336
- Gross operating margin +€53,332
up €53,332 (+83.0%), from €64,266 to €117,598
- Taxes +€11,344
up €11,344 (+163.3%), from €6,947 to €18,291
- Financial charges -€3,328
down €3,328 (-19.4%), from €17,180 to €13,852
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 | €441,133 | €453,650 | +€12,517 | +2.8% |
| Fixed assets | 21/28 | €383,927 | €363,290 | -€20,637 | -5.4% |
| Tangible fixed assets | 22/27 | €383,927 | €363,290 | -€20,637 | -5.4% |
| Land and buildings | 22 | €348,337 | €336,641 | -€11,696 | -3.4% |
| Furniture and vehicles | 24 | €35,590 | €26,649 | -€8,941 | -25.1% |
| Current assets | 29/58 | €57,206 | €90,359 | +€33,154 | +58.0% |
| Amounts receivable within one year | 40/41 | €0 | €16,227 | +€16,227 | |
| Trade receivables | 40 | €0 | €16,227 | +€16,227 | |
| Cash at bank and in hand | 54/58 | €54,994 | €72,049 | +€17,055 | +31.0% |
| Deferred charges and accrued income | 490/1 | €2,212 | €2,083 | -€128 | -5.8% |
| Total equity and liabilities | 10/49 | €441,133 | €453,650 | +€12,517 | +2.8% |
| Equity | 10/15 | €76,153 | €137,273 | +€61,121 | +80.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,153 | €135,273 | +€61,121 | +82.4% |
| Amounts payable | 17/49 | €364,980 | €316,377 | -€48,604 | -13.3% |
| Amounts payable after more than one year | 17 | €278,967 | €213,367 | -€65,600 | -23.5% |
| Financial debts | 170/4 | €238,967 | €213,367 | -€25,600 | -10.7% |
| Other amounts payable | 178/9 | €40,000 | €0 | -€40,000 | -100.0% |
| Amounts payable within one year | 42/48 | €81,157 | €99,999 | +€18,843 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €44,529 | €65,600 | +€21,071 | +47.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,630 | €1,225 | -€1,405 | -53.4% |
| Suppliers | 440/4 | €2,630 | €1,225 | -€1,405 | -53.4% |
| Taxes, remuneration and social security | 45 | €13,997 | €33,175 | +€19,178 | +137.0% |
| Taxes | 450/3 | €13,763 | €33,099 | +€19,336 | +140.5% |
| Remuneration and social security | 454/9 | €234 | €76 | -€158 | -67.5% |
| Other amounts payable | 47/48 | €20,000 | €0 | -€20,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4,857 | €3,010 | -€1,846 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,536 | €23,059 | +€523 | +2.3% |
| Other operating charges | 640/8 | €1,019 | €1,339 | +€320 | +31.4% |
| Gross operating margin | 9900 | €64,266 | €117,598 | +€53,332 | +83.0% |
| Operating profit (loss) | 9901 | €40,710 | €93,199 | +€52,489 | +128.9% |
| Financial income | 75/76B | €0 | €64 | +€64 | +641400.0% |
| Recurring financial income | 75 | €0 | €64 | +€64 | +641400.0% |
| Financial charges | 65/66B | €17,180 | €13,852 | -€3,328 | -19.4% |
| Recurring financial charges | 65 | €17,180 | €13,852 | -€3,328 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €23,530 | €79,411 | +€55,881 | +237.5% |
| Income taxes | 67/77 | €6,947 | €18,291 | +€11,344 | +163.3% |
| Profit (loss) for the period | 9904 | €16,584 | €61,121 | +€44,537 | +268.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,584 | €61,121 | +€44,537 | +268.6% |
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 12 October 2026 via checked.be.