EPIC RUSHES: 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.
EPIC RUSHES
Largest movements
- Tangible fixed assets -€41,869
down €41,869 (-7.9%), from €531,957 to €490,088
of which Land and buildings: -€40,760
- Cash +€37,081
up €37,081 (+168.0%), from €22,067 to €59,148
mainly Depreciation (+€41,869) and Receivables within one year (+€18,251)
- Receivables within one year -€18,251
down €18,251 (-52.2%), from €34,988 to €16,737
of which Other amounts receivable: -€18,279
- Debts after one year -€23,309
down €23,309 (-19.8%), from €117,720 to €94,411
- Gross operating margin -€5,820
down €5,820 (-9.6%), from €60,445 to €54,625
- Financial charges -€923
down €923 (-13.9%), from €6,647 to €5,725
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 | €589,193 | €566,153 | -€23,039 | -3.9% |
| Fixed assets | 21/28 | €531,957 | €490,088 | -€41,869 | -7.9% |
| Tangible fixed assets | 22/27 | €531,957 | €490,088 | -€41,869 | -7.9% |
| Land and buildings | 22 | €530,848 | €490,088 | -€40,760 | -7.7% |
| Furniture and vehicles | 24 | €1,109 | €0 | -€1,109 | -100.0% |
| Current assets | 29/58 | €57,235 | €76,065 | +€18,830 | +32.9% |
| Amounts receivable within one year | 40/41 | €34,988 | €16,737 | -€18,251 | -52.2% |
| Trade receivables | 40 | €3,533 | €3,561 | +€28 | +0.8% |
| Other amounts receivable | 41 | €31,454 | €13,175 | -€18,279 | -58.1% |
| Cash at bank and in hand | 54/58 | €22,067 | €59,148 | +€37,081 | +168.0% |
| Deferred charges and accrued income | 490/1 | €181 | €181 | = | 0.0% |
| Total equity and liabilities | 10/49 | €589,193 | €566,153 | -€23,039 | -3.9% |
| Equity | 10/15 | €263,848 | €263,626 | -€222 | -0.1% |
| Contributions | 10/11 | €262,484 | €262,484 | = | 0.0% |
| Revaluation surpluses | 12 | €30,331 | €30,331 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,827 | -€31,049 | -€222 | -0.7% |
| Amounts payable | 17/49 | €325,345 | €302,527 | -€22,817 | -7.0% |
| Amounts payable after more than one year | 17 | €117,720 | €94,411 | -€23,309 | -19.8% |
| Financial debts | 170/4 | €117,720 | €94,411 | -€23,309 | -19.8% |
| Amounts payable within one year | 42/48 | €207,625 | €208,116 | +€491 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €22,343 | €23,309 | +€966 | +4.3% |
| Trade debts | 44 | €14,385 | €13,888 | -€497 | -3.5% |
| Suppliers | 440/4 | €14,385 | €13,888 | -€497 | -3.5% |
| Taxes, remuneration and social security | 45 | €69 | €92 | +€22 | +32.5% |
| Taxes | 450/3 | €69 | €92 | +€22 | +32.5% |
| Other amounts payable | 47/48 | €170,828 | €170,828 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,249 | €41,869 | -€379 | -0.9% |
| Other operating charges | 640/8 | €7,154 | €7,675 | +€522 | +7.3% |
| Gross operating margin | 9900 | €60,445 | €54,625 | -€5,820 | -9.6% |
| Operating profit (loss) | 9901 | €11,043 | €5,080 | -€5,962 | -54.0% |
| Financial income | 75/76B | €595 | €474 | -€121 | -20.3% |
| Recurring financial income | 75 | €595 | €474 | -€121 | -20.3% |
| Financial charges | 65/66B | €6,647 | €5,725 | -€923 | -13.9% |
| Recurring financial charges | 65 | €6,647 | €5,725 | -€923 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €4,991 | -€170 | -€5,161 | |
| Income taxes | 67/77 | €644 | €52 | -€593 | -92.0% |
| Profit (loss) for the period | 9904 | €4,346 | -€222 | -€4,568 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,346 | -€222 | -€4,568 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.