Epic Mondays: 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 Mondays
Largest movements
- Tangible fixed assets -€22,640
down €22,640 (-26.7%), from €84,896 to €62,256
of which Furniture and vehicles: -€19,150
- Receivables within one year +€17,158
up €17,158 (+74.0%), from €23,178 to €40,336
of which Trade receivables: +€21,385
- Cash -€13,471
down €13,471 (-40.1%), from €33,572 to €20,101
mainly Contributions, distributions and other (-€42,500) and Debts after one year (-€17,330)
- Debts after one year -€17,330
down €17,330 (-100%), from €17,330 to €0
- Tax, wage and social debts -€2,451
down €2,451 (-14.5%), from €16,952 to €14,501
of which Taxes: -€2,451
- Gross operating margin +€32,861
up €32,861 (+69.3%), from €47,396 to €80,257
- Taxes +€7,335
up €7,335 (+162%), from €4,528 to €11,863
- Staff costs -€3,342
down €3,342 (-100%), from €3,342 to €0
- Depreciation +€2,569
up €2,569 (+12.8%), from €20,071 to €22,640
- Other operating charges -€1,185
down €1,185 (-58.3%), from €2,033 to €847
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 | €141,676 | €122,713 | -€18,963 | -13.4% |
| Fixed assets | 21/28 | €84,896 | €62,256 | -€22,640 | -26.7% |
| Tangible fixed assets | 22/27 | €84,896 | €62,256 | -€22,640 | -26.7% |
| Plant, machinery and equipment | 23 | €3,911 | €2,496 | -€1,416 | -36.2% |
| Furniture and vehicles | 24 | €60,306 | €41,156 | -€19,150 | -31.8% |
| Other tangible fixed assets | 26 | €20,678 | €18,604 | -€2,074 | -10.0% |
| Current assets | 29/58 | €56,781 | €60,458 | +€3,677 | +6.5% |
| Amounts receivable within one year | 40/41 | €23,178 | €40,336 | +€17,158 | +74.0% |
| Trade receivables | 40 | €18,402 | €39,787 | +€21,385 | +116% |
| Other amounts receivable | 41 | €4,776 | €549 | -€4,227 | -88.5% |
| Cash at bank and in hand | 54/58 | €33,572 | €20,101 | -€13,471 | -40.1% |
| Deferred charges and accrued income | 490/1 | €31 | €21 | -€10 | -32.5% |
| Total equity and liabilities | 10/49 | €141,676 | €122,713 | -€18,963 | -13.4% |
| Equity | 10/15 | €86,231 | €87,040 | +€808 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,631 | €68,440 | +€808 | +1.2% |
| Amounts payable | 17/49 | €55,445 | €35,674 | -€19,771 | -35.7% |
| Amounts payable after more than one year | 17 | €17,330 | €0 | -€17,330 | -100% |
| Financial debts | 170/4 | €17,330 | €0 | -€17,330 | -100% |
| Amounts payable within one year | 42/48 | €38,115 | €35,674 | -€2,441 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €16,626 | €17,330 | +€704 | +4.2% |
| Trade debts | 44 | €4,538 | €3,843 | -€694 | -15.3% |
| Suppliers | 440/4 | €4,538 | €3,843 | -€694 | -15.3% |
| Taxes, remuneration and social security | 45 | €16,952 | €14,501 | -€2,451 | -14.5% |
| Taxes | 450/3 | €16,952 | €14,501 | -€2,451 | -14.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,342 | €0 | -€3,342 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,071 | €22,640 | +€2,569 | +12.8% |
| Other operating charges | 640/8 | €2,033 | €847 | -€1,185 | -58.3% |
| Non-recurring operating charges | 66A | €4,641 | €0 | -€4,641 | -100% |
| Gross operating margin | 9900 | €47,396 | €80,257 | +€32,861 | +69.3% |
| Operating profit (loss) | 9901 | €17,309 | €56,769 | +€39,461 | +228% |
| Financial income | 75/76B | €31 | €40 | +€9 | +28.4% |
| Recurring financial income | 75 | €31 | €40 | +€9 | +28.4% |
| Financial charges | 65/66B | €1,955 | €1,638 | -€317 | -16.2% |
| Recurring financial charges | 65 | €1,955 | €1,638 | -€317 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €15,385 | €55,171 | +€39,786 | +259% |
| Income taxes | 67/77 | €4,528 | €11,863 | +€7,335 | +162% |
| Profit (loss) for the period | 9904 | €10,857 | €43,308 | +€32,452 | +299% |
| Profit (loss) for the period to be appropriated | 9905 | €10,857 | €43,308 | +€32,452 | +299% |
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 15 October 2026 via checked.be.