Epic Hair: 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.
Epic Hair
Largest movements
- Receivables within one year +€5,847
up €5,847 (+17.1%), from €34,115 to €39,963
of which Other amounts receivable: +€14,062
- Tangible fixed assets -€3,825
down €3,825 (-21.5%), from €17,796 to €13,971
of which Other tangible fixed assets: -€8,486
- Stocks and contracts +€3,463
up €3,463 (+69.3%), from €5,000 to €8,463
- Cash +€1,784
up €1,784 (+32.7%), from €5,451 to €7,235
mainly Accrued charges and deferred income (+€20,622) and Net result for the year (+€12,402)
- Deferred charges and accrued income -€1,183
no longer reported in 2025 (was €1,183)
- Accrued charges and deferred income +€20,622
new in 2025: €20,622
- Trade debts -€16,717
no longer reported in 2025 (was €16,717)
- Profit (loss) carried forward +€12,402
new in 2025: €12,402
- Debts after one year -€8,315
down €8,315 (-46.9%), from €17,713 to €9,398
- Tax, wage and social debts -€2,877
down €2,877 (-25.0%), from €11,490 to €8,612
of which Taxes: -€2,418
- Gross operating margin +€17,114
up €17,114 (+23.0%), from €74,477 to €91,591
- Taxes +€6,735
up €6,735 (+206%), from €3,265 to €10,000
- Other operating charges -€1,930
down €1,930 (-42.4%), from €4,552 to €2,622
- Staff costs +€1,863
up €1,863 (+3.5%), from €53,287 to €55,150
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.
Derived cash bridge
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 | €66,920 | €72,505 | +€5,586 | +8.3% |
| Fixed assets | 21/28 | €21,170 | €16,845 | -€4,325 | -20.4% |
| Intangible fixed assets | 21 | €3,374 | €2,874 | -€500 | -14.8% |
| Tangible fixed assets | 22/27 | €17,796 | €13,971 | -€3,825 | -21.5% |
| Furniture and vehicles | 24 | €760 | €5,421 | +€4,661 | +613% |
| Other tangible fixed assets | 26 | €17,036 | €8,550 | -€8,486 | -49.8% |
| Current assets | 29/58 | €45,750 | €55,661 | +€9,911 | +21.7% |
| Stocks and contracts in progress | 3 | €5,000 | €8,463 | +€3,463 | +69.3% |
| Stocks | 30/36 | €5,000 | €8,463 | +€3,463 | +69.3% |
| Amounts receivable within one year | 40/41 | €34,115 | €39,963 | +€5,847 | +17.1% |
| Trade receivables | 40 | €8,215 | - | -€8,215 | |
| Other amounts receivable | 41 | €25,901 | €39,963 | +€14,062 | +54.3% |
| Cash at bank and in hand | 54/58 | €5,451 | €7,235 | +€1,784 | +32.7% |
| Deferred charges and accrued income | 490/1 | €1,183 | - | -€1,183 | |
| Total equity and liabilities | 10/49 | €66,920 | €72,505 | +€5,586 | +8.3% |
| Equity | 10/15 | €12,301 | €24,703 | +€12,402 | +101% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,301 | €10,301 | = | 0.0% |
| Distributable reserves | 133 | €10,301 | €10,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €12,402 | +€12,402 | |
| Amounts payable | 17/49 | €54,618 | €47,802 | -€6,816 | -12.5% |
| Amounts payable after more than one year | 17 | €17,713 | €9,398 | -€8,315 | -46.9% |
| Financial debts | 170/4 | €17,713 | €9,398 | -€8,315 | -46.9% |
| Amounts payable within one year | 42/48 | €36,905 | €17,782 | -€19,123 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €8,698 | €9,170 | +€471 | +5.4% |
| Trade debts | 44 | €16,717 | - | -€16,717 | |
| Suppliers | 440/4 | €16,717 | - | -€16,717 | |
| Taxes, remuneration and social security | 45 | €11,490 | €8,612 | -€2,877 | -25.0% |
| Taxes | 450/3 | €5,697 | €3,279 | -€2,418 | -42.4% |
| Remuneration and social security | 454/9 | €5,792 | €5,333 | -€459 | -7.9% |
| Accrued charges and deferred income | 492/3 | - | €20,622 | +€20,622 | |
| Remuneration, social security and pensions | 62 | €53,287 | €55,150 | +€1,863 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,537 | €9,537 | = | 0.0% |
| Other operating charges | 640/8 | €4,552 | €2,622 | -€1,930 | -42.4% |
| Gross operating margin | 9900 | €74,477 | €91,591 | +€17,114 | +23.0% |
| Operating profit (loss) | 9901 | €7,101 | €24,283 | +€17,182 | +242% |
| Financial income | 75/76B | €1,106 | €955 | -€150 | -13.6% |
| Recurring financial income | 75 | €1,106 | €955 | -€150 | -13.6% |
| Financial charges | 65/66B | €2,913 | €2,836 | -€77 | -2.6% |
| Recurring financial charges | 65 | €2,913 | €2,836 | -€77 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €5,294 | €22,402 | +€17,108 | +323% |
| Income taxes | 67/77 | €3,265 | €10,000 | +€6,735 | +206% |
| Profit (loss) for the period | 9904 | €2,029 | €12,402 | +€10,373 | +511% |
| Profit (loss) for the period to be appropriated | 9905 | €2,029 | €12,402 | +€10,373 | +511% |
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 24 October 2026 via checked.be.