EPI PROD - MANU PINTO: what changed
EPI PROD - MANU PINTO
Largest movements
- Cash -€78,559
down €78,559 (-41.8%), from €188,032 to €109,473
mainly Other debts (-€90,649) and Tax, wage and social debts (-€59,789)
- Tangible fixed assets -€14,544
down €14,544 (-38.2%), from €38,040 to €23,496
of which Plant, machinery and equipment: -€8,169
- Other debts -€90,649
down €90,649 (-44.9%), from €202,045 to €111,396
- Profit (loss) carried forward +€65,242
new in 2025: €65,242
- Tax, wage and social debts -€59,789
down €59,789 (-78.9%), from €75,773 to €15,985
- Accrued charges and deferred income -€14,559
down €14,559 (-62.8%), from €23,199 to €8,640
- Trade debts +€9,175
up €9,175 (+440%), from €2,087 to €11,261
- Taxes -€17,374
down €17,374 (-75.4%), from €23,056 to €5,683
- Gross operating margin -€9,227
down €9,227 (-8.5%), from €108,304 to €99,077
- Staff costs +€7,152
up €7,152 (+279%), from €2,567 to €9,719
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,104 | €217,524 | -€90,581 | -29.4% |
| Fixed assets | 21/28 | €38,040 | €23,496 | -€14,544 | -38.2% |
| Tangible fixed assets | 22/27 | €38,040 | €23,496 | -€14,544 | -38.2% |
| Plant, machinery and equipment | 23 | €18,969 | €10,800 | -€8,169 | -43.1% |
| Furniture and vehicles | 24 | €19,071 | €12,696 | -€6,374 | -33.4% |
| Current assets | 29/58 | €270,065 | €194,028 | -€76,037 | -28.2% |
| Amounts receivable within one year | 40/41 | €81,692 | €83,579 | +€1,887 | +2.3% |
| Trade receivables | 40 | €76,178 | €83,110 | +€6,932 | +9.1% |
| Other amounts receivable | 41 | €5,514 | €469 | -€5,044 | -91.5% |
| Cash at bank and in hand | 54/58 | €188,032 | €109,473 | -€78,559 | -41.8% |
| Deferred charges and accrued income | 490/1 | €342 | €976 | +€634 | +186% |
| Total equity and liabilities | 10/49 | €308,104 | €217,524 | -€90,581 | -29.4% |
| Equity | 10/15 | €5,000 | €70,242 | +€65,242 | +1,305% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €65,242 | +€65,242 | |
| Amounts payable | 17/49 | €303,104 | €147,282 | -€155,822 | -51.4% |
| Amounts payable within one year | 42/48 | €279,905 | €138,642 | -€141,263 | -50.5% |
| Trade debts | 44 | €2,087 | €11,261 | +€9,175 | +440% |
| Suppliers | 440/4 | €2,087 | €11,261 | +€9,175 | +440% |
| Taxes, remuneration and social security | 45 | €75,773 | €15,985 | -€59,789 | -78.9% |
| Taxes | 450/3 | €75,773 | €15,985 | -€59,789 | -78.9% |
| Other amounts payable | 47/48 | €202,045 | €111,396 | -€90,649 | -44.9% |
| Accrued charges and deferred income | 492/3 | €23,199 | €8,640 | -€14,559 | -62.8% |
| Remuneration, social security and pensions | 62 | €2,567 | €9,719 | +€7,152 | +279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,386 | €18,773 | +€387 | +2.1% |
| Gross operating margin | 9900 | €108,304 | €99,077 | -€9,227 | -8.5% |
| Operating profit (loss) | 9901 | €87,351 | €70,585 | -€16,766 | -19.2% |
| Financial income | 75/76B | €909 | €447 | -€462 | -50.8% |
| Recurring financial income | 75 | €909 | €447 | -€462 | -50.8% |
| Financial charges | 65/66B | €122 | €108 | -€15 | -11.9% |
| Recurring financial charges | 65 | €122 | €108 | -€15 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €88,138 | €70,924 | -€17,213 | -19.5% |
| Income taxes | 67/77 | €23,056 | €5,683 | -€17,374 | -75.4% |
| Profit (loss) for the period | 9904 | €65,081 | €65,242 | +€160 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €65,081 | €65,242 | +€160 | +0.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.