EPICTORY: 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.
EPICTORY
Largest movements
- Intangible fixed assets -€7,379
down €7,379 (-49.7%), from €14,852 to €7,473
- Deferred charges and accrued income +€2,500
new in 2025: €2,500
- Receivables within one year -€2,261
down €2,261 (-3.8%), from €60,244 to €57,983
of which Trade receivables: -€4,173
- Cash -€1,425
down €1,425 (-74.3%), from €1,919 to €494
mainly Tax, wage and social debts (-€7,157) and Deferred charges and accrued income (-€2,500)
- Tax, wage and social debts -€7,157
down €7,157 (-63.4%), from €11,291 to €4,135
- Other debts -€1,211
down €1,211 (-3.3%), from €36,156 to €34,945
- Trade debts +€1,181
up €1,181 (+256.6%), from €460 to €1,641
- Profit (loss) carried forward -€1,142
down €1,142 (-78.6%), from -€1,453 to -€2,596
- Gross operating margin -€16,167
down €16,167 (-66.6%), from €24,258 to €8,091
- Taxes -€782
down €782 (-67.3%), from €1,161 to €379
- Financial charges +€462
up €462 (+383.0%), from €121 to €583
- Other operating charges +€359
up €359 (+879.0%), from €41 to €400
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 | €77,015 | €68,450 | -€8,566 | -11.1% |
| Fixed assets | 21/28 | €14,852 | €7,473 | -€7,379 | -49.7% |
| Intangible fixed assets | 21 | €14,852 | €7,473 | -€7,379 | -49.7% |
| Current assets | 29/58 | €62,164 | €60,977 | -€1,187 | -1.9% |
| Amounts receivable within one year | 40/41 | €60,244 | €57,983 | -€2,261 | -3.8% |
| Trade receivables | 40 | €60,242 | €56,070 | -€4,173 | -6.9% |
| Other amounts receivable | 41 | €2 | €1,913 | +€1,911 | +91015.7% |
| Cash at bank and in hand | 54/58 | €1,919 | €494 | -€1,425 | -74.3% |
| Deferred charges and accrued income | 490/1 | - | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €77,015 | €68,450 | -€8,566 | -11.1% |
| Equity | 10/15 | €28,547 | €27,404 | -€1,142 | -4.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,453 | -€2,596 | -€1,142 | -78.6% |
| Amounts payable | 17/49 | €48,469 | €41,045 | -€7,424 | -15.3% |
| Amounts payable within one year | 42/48 | €48,044 | €40,720 | -€7,323 | -15.2% |
| Financial debts | 43 | €136 | - | -€136 | |
| Credit institutions | 430/8 | €136 | - | -€136 | |
| Trade debts | 44 | €460 | €1,641 | +€1,181 | +256.6% |
| Suppliers | 440/4 | €460 | €1,641 | +€1,181 | +256.6% |
| Taxes, remuneration and social security | 45 | €11,291 | €4,135 | -€7,157 | -63.4% |
| Taxes | 450/3 | €11,291 | €4,135 | -€7,157 | -63.4% |
| Other amounts payable | 47/48 | €36,156 | €34,945 | -€1,211 | -3.3% |
| Accrued charges and deferred income | 492/3 | €425 | €325 | -€100 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,379 | €7,379 | = | 0.0% |
| Other operating charges | 640/8 | €41 | €400 | +€359 | +879.0% |
| Gross operating margin | 9900 | €24,258 | €8,091 | -€16,167 | -66.6% |
| Operating profit (loss) | 9901 | €16,839 | €313 | -€16,526 | -98.1% |
| Financial income | 75/76B | €109 | €2 | -€107 | -98.5% |
| Recurring financial income | 75 | €109 | €2 | -€107 | -98.5% |
| Financial charges | 65/66B | €121 | €583 | +€462 | +383.0% |
| Recurring financial charges | 65 | €121 | €583 | +€462 | +383.0% |
| Profit (loss) for the period before taxes | 9903 | €16,827 | -€268 | -€17,095 | |
| Income taxes | 67/77 | €1,161 | €379 | -€782 | -67.3% |
| Profit (loss) for the period | 9904 | €15,666 | -€648 | -€16,313 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,666 | -€648 | -€16,313 |
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 6 October 2026 via checked.be.