EPI-USE: 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.
What changed
EPI-USE
NACE 62.100, Computer programming
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€559,337
2025 · €459,256+€100,081
Equity
€2.0m
2025 · €1.5m+€559,337
Cash
€497,305
2025 · €476,570+€20,735
Balance sheet total
€3.7m
2025 · €3.5m+€238,467
Largest movements
Assets
- Receivables within one year +€211,771
up €211,771 (+7.3%), from €2.9m to €3.1m
of which Trade receivables: +€199,846
Equity and liabilities
- Profit (loss) carried forward +€559,337
up €559,337 (+39.9%), from €1.4m to €2.0m
- Trade debts -€194,828
down €194,828 (-12.4%), from €1.6m to €1.4m
- Tax, wage and social debts -€111,169
down €111,169 (-30.7%), from €361,868 to €250,699
of which Taxes: -€99,078
Income statement
- Gross operating margin +€100,602
up €100,602 (+3.6%), from €2.8m to €2.9m
- Staff costs -€52,162
down €52,162 (-2.6%), from €2.0m to €2.0m
From the 2025 result to the 2026 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.
Result 2025
€459,256
Gross operating margin
+€100,602
Staff costs
+€52,162
Depreciation
-€4,920
Other operating charges
-€10,491
Financial income
-€14,373
Financial charges
+€3,493
Taxes
-€26,392
Result 2026
€559,337
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€51,027
Investment
-€30,291
Financing
€0
Cash 2025
€476,570
From operations (derived)
+€51,027
Net result for the year
+€559,337
Depreciation
+€15,761
Receivables within one year
-€211,771
Deferred charges and accrued income
+€8,569
Trade debts
-€194,828
Tax, wage and social debts
-€111,169
Accrued charges and deferred income
-€14,873
Investment (derived)
-€30,291
Investment in fixed assets (net)
-€30,291
Cash 2026
€497,305
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,472,737 | €3,711,205 | +€238,467 | +6.9% |
| Fixed assets | 21/28 | €33,750 | €48,280 | +€14,530 | +43.1% |
| Intangible fixed assets | 21 | €6,195 | €4,008 | -€2,186 | -35.3% |
| Tangible fixed assets | 22/27 | €27,555 | €44,271 | +€16,716 | +60.7% |
| Furniture and vehicles | 24 | €22,126 | €40,101 | +€17,974 | +81.2% |
| Other tangible fixed assets | 26 | €5,429 | €4,171 | -€1,258 | -23.2% |
| Current assets | 29/58 | €3,438,988 | €3,662,925 | +€223,937 | +6.5% |
| Amounts receivable within one year | 40/41 | €2,904,833 | €3,116,604 | +€211,771 | +7.3% |
| Trade receivables | 40 | €2,865,674 | €3,065,520 | +€199,846 | +7.0% |
| Other amounts receivable | 41 | €39,159 | €51,084 | +€11,925 | +30.5% |
| Cash at bank and in hand | 54/58 | €476,570 | €497,305 | +€20,735 | +4.4% |
| Deferred charges and accrued income | 490/1 | €57,584 | €49,015 | -€8,569 | -14.9% |
| Total equity and liabilities | 10/49 | €3,472,737 | €3,711,205 | +€238,467 | +6.9% |
| Equity | 10/15 | €1,471,118 | €2,030,455 | +€559,337 | +38.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,403,468 | €1,962,805 | +€559,337 | +39.9% |
| Amounts payable | 17/49 | €2,001,619 | €1,680,750 | -€320,869 | -16.0% |
| Amounts payable within one year | 42/48 | €1,929,135 | €1,623,139 | -€305,997 | -15.9% |
| Trade debts | 44 | €1,567,267 | €1,372,440 | -€194,828 | -12.4% |
| Suppliers | 440/4 | €1,567,267 | €1,372,440 | -€194,828 | -12.4% |
| Taxes, remuneration and social security | 45 | €361,868 | €250,699 | -€111,169 | -30.7% |
| Taxes | 450/3 | €102,009 | €2,931 | -€99,078 | -97.1% |
| Remuneration and social security | 454/9 | €259,859 | €247,768 | -€12,091 | -4.7% |
| Accrued charges and deferred income | 492/3 | €72,484 | €57,611 | -€14,873 | -20.5% |
| Remuneration, social security and pensions | 62 | €2,034,960 | €1,982,797 | -€52,162 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,841 | €15,761 | +€4,920 | +45.4% |
| Other operating charges | 640/8 | €58,001 | €68,492 | +€10,491 | +18.1% |
| Gross operating margin | 9900 | €2,782,384 | €2,882,986 | +€100,602 | +3.6% |
| Operating profit (loss) | 9901 | €678,582 | €815,936 | +€137,353 | +20.2% |
| Financial income | 75/76B | €22,252 | €7,879 | -€14,373 | -64.6% |
| Recurring financial income | 75 | €22,252 | €7,879 | -€14,373 | -64.6% |
| Financial charges | 65/66B | €49,896 | €46,403 | -€3,493 | -7.0% |
| Recurring financial charges | 65 | €49,896 | €46,403 | -€3,493 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €650,938 | €777,411 | +€126,473 | +19.4% |
| Income taxes | 67/77 | €191,683 | €218,075 | +€26,392 | +13.8% |
| Profit (loss) for the period | 9904 | €459,256 | €559,337 | +€100,081 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €459,256 | €559,337 | +€100,081 | +21.8% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.