'Epi'Line': 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.
'Epi'Line'
Largest movements
- Cash +€16,657
up €16,657 (+354.4%), from €4,700 to €21,358
mainly Net result for the year (+€19,333) and Tax, wage and social debts (+€4,175)
- Tangible fixed assets -€2,400
down €2,400 (-12.0%), from €20,066 to €17,666
- Deferred charges and accrued income +€1,400
new in 2025: €1,400
- Receivables within one year -€1,297
down €1,297 (-86.5%), from €1,500 to €203
of which Trade receivables: -€1,499
- Profit (loss) carried forward +€19,333
up €19,333, from -€3,598 to €15,735
- Debts after one year -€4,892
down €4,892 (-38.8%), from €12,620 to €7,728
- Other debts -€4,374
down €4,374 (-65.4%), from €6,692 to €2,318
- Tax, wage and social debts +€4,175
up €4,175 (+603.0%), from €692 to €4,867
- Gross operating margin +€22,961
up €22,961 (+504.2%), from €4,554 to €27,514
- Taxes +€4,867
new in 2025: €4,867
- Financial income -€317
no longer reported in 2025 (was €317)
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 | €26,266 | €40,626 | +€14,360 | +54.7% |
| Fixed assets | 21/28 | €20,066 | €17,666 | -€2,400 | -12.0% |
| Tangible fixed assets | 22/27 | €20,066 | €17,666 | -€2,400 | -12.0% |
| Plant, machinery and equipment | 23 | €20,066 | €17,666 | -€2,400 | -12.0% |
| Current assets | 29/58 | €6,200 | €22,960 | +€16,760 | +270.3% |
| Amounts receivable within one year | 40/41 | €1,500 | €203 | -€1,297 | -86.5% |
| Trade receivables | 40 | €1,500 | €1 | -€1,499 | -99.9% |
| Other amounts receivable | 41 | - | €202 | +€202 | |
| Cash at bank and in hand | 54/58 | €4,700 | €21,358 | +€16,657 | +354.4% |
| Deferred charges and accrued income | 490/1 | - | €1,400 | +€1,400 | |
| Total equity and liabilities | 10/49 | €26,266 | €40,626 | +€14,360 | +54.7% |
| Equity | 10/15 | €1,402 | €20,735 | +€19,333 | +1379.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,598 | €15,735 | +€19,333 | |
| Amounts payable | 17/49 | €24,865 | €19,891 | -€4,974 | -20.0% |
| Amounts payable after more than one year | 17 | €12,620 | €7,728 | -€4,892 | -38.8% |
| Financial debts | 170/4 | €12,620 | €7,728 | -€4,892 | -38.8% |
| Amounts payable within one year | 42/48 | €12,244 | €12,163 | -€82 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €4,694 | €4,892 | +€198 | +4.2% |
| Trade debts | 44 | €166 | €85 | -€81 | -48.7% |
| Suppliers | 440/4 | €166 | €85 | -€81 | -48.7% |
| Taxes, remuneration and social security | 45 | €692 | €4,867 | +€4,175 | +603.0% |
| Taxes | 450/3 | €692 | €4,867 | +€4,175 | +603.0% |
| Other amounts payable | 47/48 | €6,692 | €2,318 | -€4,374 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,400 | €2,400 | = | 0.0% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €4,554 | €27,514 | +€22,961 | +504.2% |
| Operating profit (loss) | 9901 | €2,154 | €24,970 | +€22,817 | +1059.4% |
| Financial income | 75/76B | €317 | - | -€317 | |
| Recurring financial income | 75 | €317 | - | -€317 | |
| Financial charges | 65/66B | €960 | €769 | -€190 | -19.8% |
| Recurring financial charges | 65 | €960 | €769 | -€190 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €1,511 | €24,201 | +€22,690 | +1501.6% |
| Income taxes | 67/77 | - | €4,867 | +€4,867 | |
| Profit (loss) for the period | 9904 | €1,511 | €19,333 | +€17,822 | +1179.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,511 | €19,333 | +€17,822 | +1179.4% |
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 5 October 2026 via checked.be.