EPICURIOS: 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.
EPICURIOS
Largest movements
- Tangible fixed assets -€22,194
down €22,194 (-11.4%), from €195,283 to €173,089
of which Land and buildings: -€21,800
- Receivables within one year -€14,289
down €14,289 (-60.8%), from €23,508 to €9,219
- Stocks and contracts -€10,958
down €10,958 (-9.5%), from €114,980 to €104,022
- Cash -€4,085
down €4,085 (-14.0%), from €29,093 to €25,008
mainly Debts after one year (-€21,000) and Other debts (-€13,292)
- Debts after one year -€21,000
down €21,000 (-11.5%), from €182,000 to €161,000
- Other debts -€13,292
down €13,292 (-7.6%), from €174,186 to €160,894
- Trade debts -€9,665
down €9,665 (-72.2%), from €13,391 to €3,726
- Profit (loss) carried forward -€8,441
down €8,441 (-14.6%), from -€57,758 to -€66,199
- Depreciation -€5,331
down €5,331 (-19.4%), from €27,525 to €22,194
- Gross operating margin -€1,479
down €1,479 (-5.8%), from €25,296 to €23,817
- Financial charges +€472
up €472 (+5.2%), from €9,115 to €9,587
- Other operating charges -€335
down €335 (-39.3%), from €853 to €518
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.
Derived cash bridge
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 | €362,865 | €311,338 | -€51,527 | -14.2% |
| Fixed assets | 21/28 | €195,283 | €173,089 | -€22,194 | -11.4% |
| Tangible fixed assets | 22/27 | €195,283 | €173,089 | -€22,194 | -11.4% |
| Land and buildings | 22 | €193,816 | €172,016 | -€21,800 | -11.2% |
| Plant, machinery and equipment | 23 | €1,467 | €1,073 | -€394 | -26.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €167,582 | €138,249 | -€29,333 | -17.5% |
| Stocks and contracts in progress | 3 | €114,980 | €104,022 | -€10,958 | -9.5% |
| Stocks | 30/36 | €114,980 | €104,022 | -€10,958 | -9.5% |
| Amounts receivable within one year | 40/41 | €23,508 | €9,219 | -€14,289 | -60.8% |
| Trade receivables | 40 | €23,508 | €9,219 | -€14,289 | -60.8% |
| Cash at bank and in hand | 54/58 | €29,093 | €25,008 | -€4,085 | -14.0% |
| Total equity and liabilities | 10/49 | €362,865 | €311,338 | -€51,527 | -14.2% |
| Equity | 10/15 | -€39,158 | -€47,599 | -€8,441 | -21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,758 | -€66,199 | -€8,441 | -14.6% |
| Amounts payable | 17/49 | €402,024 | €358,938 | -€43,086 | -10.7% |
| Amounts payable after more than one year | 17 | €182,000 | €161,000 | -€21,000 | -11.5% |
| Financial debts | 170/4 | €182,000 | €161,000 | -€21,000 | -11.5% |
| Amounts payable within one year | 42/48 | €212,521 | €188,964 | -€23,556 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €21,000 | €21,000 | = | 0.0% |
| Trade debts | 44 | €13,391 | €3,726 | -€9,665 | -72.2% |
| Suppliers | 440/4 | €13,391 | €3,726 | -€9,665 | -72.2% |
| Advances received on contracts in progress | 46 | €685 | - | -€685 | |
| Taxes, remuneration and social security | 45 | €3,259 | €3,345 | +€86 | +2.6% |
| Taxes | 450/3 | €3,259 | €3,345 | +€86 | +2.6% |
| Other amounts payable | 47/48 | €174,186 | €160,894 | -€13,292 | -7.6% |
| Accrued charges and deferred income | 492/3 | €7,503 | €8,973 | +€1,470 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,525 | €22,194 | -€5,331 | -19.4% |
| Other operating charges | 640/8 | €853 | €518 | -€335 | -39.3% |
| Gross operating margin | 9900 | €25,296 | €23,817 | -€1,479 | -5.8% |
| Operating profit (loss) | 9901 | -€3,082 | €1,105 | +€4,187 | |
| Financial income | 75/76B | €0 | €41 | +€41 | +13,603% |
| Recurring financial income | 75 | €0 | €41 | +€41 | +13,603% |
| Financial charges | 65/66B | €9,115 | €9,587 | +€472 | +5.2% |
| Recurring financial charges | 65 | €9,115 | €9,587 | +€472 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,197 | -€8,441 | +€3,756 | +30.8% |
| Profit (loss) for the period | 9904 | -€12,197 | -€8,441 | +€3,756 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,197 | -€8,441 | +€3,756 | +30.8% |
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 17 October 2026 via checked.be.