EPICo II Water: 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.
EPICo II Water
Largest movements
- Cash -€753
down €753 (-26.0%), from €2,898 to €2,144
mainly Receivables within one year (-€612) and Net result for the year (-€142)
- Receivables within one year +€612
new in 2025: €612
- Profit (loss) carried forward -€142
down €142 (-6.4%), from -€2,201 to -€2,343
- Gross operating margin +€1,476
up €1,476 (+94.4%), from -€1,564 to -€88
- Other operating charges -€307
no longer reported in 2025 (was €307)
- Financial charges -€277
down €277 (-83.7%), from €331 to €54
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 | €7,799 | €7,657 | -€142 | -1.8% |
| Fixed assets | 21/28 | €4,901 | €4,901 | = | 0.0% |
| Financial fixed assets | 28 | €4,901 | €4,901 | = | 0.0% |
| Current assets | 29/58 | €2,898 | €2,756 | -€142 | -4.9% |
| Amounts receivable within one year | 40/41 | - | €612 | +€612 | |
| Other amounts receivable | 41 | - | €612 | +€612 | |
| Cash at bank and in hand | 54/58 | €2,898 | €2,144 | -€753 | -26.0% |
| Total equity and liabilities | 10/49 | €7,799 | €7,657 | -€142 | -1.8% |
| Equity | 10/15 | €7,799 | €7,657 | -€142 | -1.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,201 | -€2,343 | -€142 | -6.4% |
| Other operating charges | 640/8 | €307 | - | -€307 | |
| Gross operating margin | 9900 | -€1,564 | -€88 | +€1,476 | +94.4% |
| Operating profit (loss) | 9901 | -€1,871 | -€88 | +€1,783 | +95.3% |
| Financial charges | 65/66B | €331 | €54 | -€277 | -83.7% |
| Recurring financial charges | 65 | €331 | €54 | -€277 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,201 | -€142 | +€2,060 | +93.6% |
| Profit (loss) for the period | 9904 | -€2,201 | -€142 | +€2,060 | +93.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,201 | -€142 | +€2,060 | +93.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.