EPI-TRANS: 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-TRANS
Largest movements
- Tangible fixed assets -€7,790
down €7,790 (-33.6%), from €23,175 to €15,385
of which Furniture and vehicles: -€6,490
- Cash -€6,437
down €6,437 (-8.0%), from €80,643 to €74,206
mainly Debts after one year (-€10,255) and Receivables within one year (-€4,614)
- Receivables within one year +€4,614
up €4,614 (+17.4%), from €26,477 to €31,091
of which Other amounts receivable: +€10,900
- Debts after one year -€10,255
no longer reported in 2025 (was €10,255)
- Current portion of long-term debt +€5,400
new in 2025: €5,400
- Tax, wage and social debts -€4,286
down €4,286 (-20.3%), from €21,154 to €16,868
- Trade debts -€1,583
down €1,583 (-51.2%), from €3,092 to €1,509
- Gross operating margin -€35,186
down €35,186 (-55.9%), from €62,910 to €27,724
- Taxes -€10,589
down €10,589 (-87.6%), from €12,081 to €1,492
- Other operating charges +€3,529
up €3,529 (+28.4%), from €12,422 to €15,951
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 | €143,259 | €133,235 | -€10,024 | -7.0% |
| Formation expenses | 20 | €134 | - | -€134 | |
| Fixed assets | 21/28 | €32,175 | €24,385 | -€7,790 | -24.2% |
| Tangible fixed assets | 22/27 | €23,175 | €15,385 | -€7,790 | -33.6% |
| Plant, machinery and equipment | 23 | €3,133 | €1,833 | -€1,300 | -41.5% |
| Furniture and vehicles | 24 | €20,042 | €13,552 | -€6,490 | -32.4% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €110,950 | €108,850 | -€2,100 | -1.9% |
| Amounts receivable within one year | 40/41 | €26,477 | €31,091 | +€4,614 | +17.4% |
| Trade receivables | 40 | €25,377 | €19,091 | -€6,286 | -24.8% |
| Other amounts receivable | 41 | €1,100 | €12,000 | +€10,900 | +990.9% |
| Cash at bank and in hand | 54/58 | €80,643 | €74,206 | -€6,437 | -8.0% |
| Deferred charges and accrued income | 490/1 | €3,830 | €3,553 | -€277 | -7.2% |
| Total equity and liabilities | 10/49 | €143,259 | €133,235 | -€10,024 | -7.0% |
| Equity | 10/15 | €108,351 | €109,457 | +€1,107 | +1.0% |
| Contributions | 10/11 | €20,100 | €20,100 | = | 0.0% |
| Outside capital | 11 | €20,100 | - | -€20,100 | |
| Other | 1109/19 | €20,100 | - | -€20,100 | |
| Profit (loss) carried forward | 14 | €88,251 | €89,357 | +€1,107 | +1.3% |
| Amounts payable | 17/49 | €34,909 | €23,777 | -€11,131 | -31.9% |
| Amounts payable after more than one year | 17 | €10,255 | - | -€10,255 | |
| Financial debts | 170/4 | €10,255 | - | -€10,255 | |
| Amounts payable within one year | 42/48 | €24,653 | €23,777 | -€876 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,400 | +€5,400 | |
| Trade debts | 44 | €3,092 | €1,509 | -€1,583 | -51.2% |
| Suppliers | 440/4 | €3,092 | €1,509 | -€1,583 | -51.2% |
| Taxes, remuneration and social security | 45 | €21,154 | €16,868 | -€4,286 | -20.3% |
| Taxes | 450/3 | €21,154 | €16,868 | -€4,286 | -20.3% |
| Other amounts payable | 47/48 | €408 | - | -€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,024 | €8,532 | +€508 | +6.3% |
| Other operating charges | 640/8 | €12,422 | €15,951 | +€3,529 | +28.4% |
| Gross operating margin | 9900 | €62,910 | €27,724 | -€35,186 | -55.9% |
| Operating profit (loss) | 9901 | €42,464 | €3,241 | -€39,223 | -92.4% |
| Financial charges | 65/66B | €306 | €642 | +€336 | +109.6% |
| Recurring financial charges | 65 | €306 | €642 | +€336 | +109.6% |
| Profit (loss) for the period before taxes | 9903 | €42,158 | €2,599 | -€39,559 | -93.8% |
| Income taxes | 67/77 | €12,081 | €1,492 | -€10,589 | -87.6% |
| Profit (loss) for the period | 9904 | €30,077 | €1,107 | -€28,970 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,077 | €1,107 | -€28,970 | -96.3% |
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.