Epicureo: what changed
Epicureo
Largest movements
- Receivables within one year -€11,838
down €11,838 (-95.0%), from €12,466 to €628
of which Trade receivables: -€12,350
- Receivables after one year +€4,875
up €4,875 (+62.5%), from €7,799 to €12,674
- Cash -€3,465
down €3,465 (-89.5%), from €3,871 to €406
mainly Net result for the year (-€8,252) and Receivables after one year (-€4,875)
- Tangible fixed assets -€785
down €785 (-35.6%), from €2,203 to €1,418
- Reserves -€8,252
down €8,252 (-42.2%), from €19,537 to €11,286
- Tax, wage and social debts -€3,352
down €3,352 (-96.5%), from €3,473 to €121
- Trade debts +€423
up €423 (+129%), from €328 to €751
- Gross operating margin -€30,127
down €30,127, from €24,940 to -€5,187
- Taxes -€4,763
down €4,763 (-97.5%), from €4,884 to €121
- Financial charges +€2,026
up €2,026 (+20,257,700%), from €0 to €2,026
- Depreciation +€633
up €633 (+416%), from €152 to €785
- Financial income +€432
up €432 (+2,051%), from €21 to €453
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,339 | €15,158 | -€11,181 | -42.4% |
| Fixed assets | 21/28 | €2,203 | €1,418 | -€785 | -35.6% |
| Tangible fixed assets | 22/27 | €2,203 | €1,418 | -€785 | -35.6% |
| Furniture and vehicles | 24 | €2,203 | €1,418 | -€785 | -35.6% |
| Current assets | 29/58 | €24,135 | €13,740 | -€10,395 | -43.1% |
| Amounts receivable after more than one year | 29 | €7,799 | €12,674 | +€4,875 | +62.5% |
| Other amounts receivable | 291 | €7,799 | €12,674 | +€4,875 | +62.5% |
| Amounts receivable within one year | 40/41 | €12,466 | €628 | -€11,838 | -95.0% |
| Trade receivables | 40 | €12,350 | €0 | -€12,350 | -100% |
| Other amounts receivable | 41 | €116 | €628 | +€513 | +443% |
| Cash at bank and in hand | 54/58 | €3,871 | €406 | -€3,465 | -89.5% |
| Deferred charges and accrued income | 490/1 | - | €32 | +€32 | |
| Total equity and liabilities | 10/49 | €26,339 | €15,158 | -€11,181 | -42.4% |
| Equity | 10/15 | €22,537 | €14,286 | -€8,252 | -36.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,537 | €11,286 | -€8,252 | -42.2% |
| Distributable reserves | 133 | €19,537 | €11,286 | -€8,252 | -42.2% |
| Amounts payable | 17/49 | €3,801 | €873 | -€2,929 | -77.0% |
| Amounts payable within one year | 42/48 | €3,801 | €873 | -€2,929 | -77.0% |
| Trade debts | 44 | €328 | €751 | +€423 | +129% |
| Suppliers | 440/4 | €328 | €751 | +€423 | +129% |
| Taxes, remuneration and social security | 45 | €3,473 | €121 | -€3,352 | -96.5% |
| Taxes | 450/3 | €3,473 | €121 | -€3,352 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €785 | +€633 | +416% |
| Other operating charges | 640/8 | €387 | €585 | +€198 | +51.1% |
| Gross operating margin | 9900 | €24,940 | -€5,187 | -€30,127 | |
| Operating profit (loss) | 9901 | €24,401 | -€6,557 | -€30,958 | |
| Financial income | 75/76B | €21 | €453 | +€432 | +2,051% |
| Recurring financial income | 75 | €21 | €453 | +€432 | +2,051% |
| Financial charges | 65/66B | €0 | €2,026 | +€2,026 | +20,257,700% |
| Recurring financial charges | 65 | €0 | €2,026 | +€2,026 | +20,257,700% |
| Profit (loss) for the period before taxes | 9903 | €24,422 | -€8,131 | -€32,552 | |
| Income taxes | 67/77 | €4,884 | €121 | -€4,763 | -97.5% |
| Profit (loss) for the period | 9904 | €19,537 | -€8,252 | -€27,789 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,537 | -€8,252 | -€27,789 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.