EPICIANE: 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.
EPICIANE
Largest movements
- Intangible fixed assets -€5,352
down €5,352 (-14.9%), from €35,967 to €30,615
- Receivables within one year +€2,781
up €2,781 (+1842.0%), from €151 to €2,932
of which Trade receivables: +€1,939
- Cash +€1,099
up €1,099 (+25.7%), from €4,273 to €5,372
mainly Depreciation (+€6,083) and Debts after one year (+€3,976)
- Stocks and contracts +€1,077
up €1,077 (+3.7%), from €29,359 to €30,435
- Debts after one year +€3,976
up €3,976 (+7.2%), from €55,000 to €58,976
- Other debts -€3,011
down €3,011 (-27.2%), from €11,072 to €8,061
- Profit (loss) carried forward -€964
down €964 (-53.0%), from -€1,817 to -€2,780
- Gross operating margin -€5,254
down €5,254 (-46.5%), from €11,304 to €6,050
- Financial charges -€1,070
down €1,070 (-59.1%), from €1,811 to €741
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 | €73,086 | €72,778 | -€308 | -0.4% |
| Fixed assets | 21/28 | €38,900 | €34,039 | -€4,860 | -12.5% |
| Intangible fixed assets | 21 | €35,967 | €30,615 | -€5,352 | -14.9% |
| Tangible fixed assets | 22/27 | €1,933 | €2,425 | +€492 | +25.4% |
| Plant, machinery and equipment | 23 | €1,414 | €2,084 | +€669 | +47.3% |
| Furniture and vehicles | 24 | €519 | €341 | -€178 | -34.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €34,186 | €38,739 | +€4,553 | +13.3% |
| Amounts receivable after more than one year | 29 | €403 | - | -€403 | |
| Other amounts receivable | 291 | €403 | - | -€403 | |
| Stocks and contracts in progress | 3 | €29,359 | €30,435 | +€1,077 | +3.7% |
| Stocks | 30/36 | €29,359 | €30,435 | +€1,077 | +3.7% |
| Amounts receivable within one year | 40/41 | €151 | €2,932 | +€2,781 | +1842.0% |
| Trade receivables | 40 | €127 | €2,066 | +€1,939 | +1527.5% |
| Other amounts receivable | 41 | €24 | €865 | +€841 | +3505.8% |
| Cash at bank and in hand | 54/58 | €4,273 | €5,372 | +€1,099 | +25.7% |
| Total equity and liabilities | 10/49 | €73,086 | €72,778 | -€308 | -0.4% |
| Equity | 10/15 | €2,683 | €1,720 | -€964 | -35.9% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,817 | -€2,780 | -€964 | -53.0% |
| Amounts payable | 17/49 | €70,402 | €71,058 | +€656 | +0.9% |
| Amounts payable after more than one year | 17 | €55,000 | €58,976 | +€3,976 | +7.2% |
| Financial debts | 170/4 | €55,000 | €58,976 | +€3,976 | +7.2% |
| Amounts payable within one year | 42/48 | €15,402 | €12,083 | -€3,319 | -21.6% |
| Trade debts | 44 | €4,331 | €4,022 | -€309 | -7.1% |
| Suppliers | 440/4 | €4,331 | €4,022 | -€309 | -7.1% |
| Other amounts payable | 47/48 | €11,072 | €8,061 | -€3,011 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,015 | €6,083 | +€68 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17 | - | -€17 | |
| Other operating charges | 640/8 | €259 | €270 | +€12 | +4.5% |
| Gross operating margin | 9900 | €11,304 | €6,050 | -€5,254 | -46.5% |
| Operating profit (loss) | 9901 | €5,014 | -€303 | -€5,317 | |
| Financial income | 75/76B | €30 | €81 | +€51 | +169.2% |
| Recurring financial income | 75 | €30 | €81 | +€51 | +169.2% |
| Financial charges | 65/66B | €1,811 | €741 | -€1,070 | -59.1% |
| Recurring financial charges | 65 | €1,811 | €741 | -€1,070 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | €3,233 | -€964 | -€4,196 | |
| Profit (loss) for the period | 9904 | €3,233 | -€964 | -€4,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,233 | -€964 | -€4,196 |
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 11 October 2026 via checked.be.