EPICURIUS MANAGEMENT: 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.
EPICURIUS MANAGEMENT
Largest movements
- Cash +€35,539
up €35,539 (+87.8%), from €40,465 to €76,003
mainly Net result for the year (+€32,423) and Tax, wage and social debts (+€3,092)
- Reserves +€32,420
new in 2025: €32,420
- Tax, wage and social debts +€3,092
up €3,092 (+39.2%), from €7,896 to €10,988
of which Taxes: +€3,092
- Gross operating margin +€11,760
up €11,760 (+34.8%), from €33,840 to €45,600
- Taxes +€5,748
up €5,748 (+85.5%), from €6,720 to €12,468
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 | €40,489 | €76,003 | +€35,514 | +87.7% |
| Current assets | 29/58 | €40,489 | €76,003 | +€35,514 | +87.7% |
| Amounts receivable within one year | 40/41 | €25 | €0 | -€25 | -100% |
| Trade receivables | 40 | €25 | €0 | -€25 | -100% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €40,465 | €76,003 | +€35,539 | +87.8% |
| Total equity and liabilities | 10/49 | €40,489 | €76,003 | +€35,514 | +87.7% |
| Equity | 10/15 | €29,895 | €62,317 | +€32,423 | +108% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €32,420 | +€32,420 | |
| Distributable reserves | 133 | - | €32,420 | +€32,420 | |
| Profit (loss) carried forward | 14 | €26,895 | €26,897 | +€3 | 0.0% |
| Amounts payable | 17/49 | €10,595 | €13,686 | +€3,092 | +29.2% |
| Amounts payable within one year | 42/48 | €10,595 | €13,686 | +€3,092 | +29.2% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €7,896 | €10,988 | +€3,092 | +39.2% |
| Taxes | 450/3 | €7,896 | €10,988 | +€3,092 | +39.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €2,699 | €2,699 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €33,840 | €45,600 | +€11,760 | +34.8% |
| Operating profit (loss) | 9901 | €33,840 | €45,200 | +€11,360 | +33.6% |
| Financial charges | 65/66B | €225 | €310 | +€85 | +37.5% |
| Recurring financial charges | 65 | €225 | €310 | +€85 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €33,615 | €44,890 | +€11,276 | +33.5% |
| Income taxes | 67/77 | €6,720 | €12,468 | +€5,748 | +85.5% |
| Profit (loss) for the period | 9904 | €26,895 | €32,423 | +€5,528 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,895 | €32,423 | +€5,528 | +20.6% |
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.