EPICURUS: 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.
EPICURUS
Largest movements
- Receivables within one year +€968,808
up €968,808 (+557.1%), from €173,916 to €1.1m
of which Other amounts receivable: +€900,026
- Tangible fixed assets -€30,176
down €30,176 (-3.2%), from €931,934 to €901,758
of which Land and buildings: -€28,838
- Other debts +€475,221
up €475,221 (+207.5%), from €229,075 to €704,295
- Debts after one year +€462,127
up €462,127 (+82.8%), from €557,918 to €1.0m
- Profit (loss) carried forward -€46,396
down €46,396 (-17.5%), from -€265,116 to -€311,512
- Current portion of long-term debt +€36,415
up €36,415 (+71.7%), from €50,781 to €87,196
- Depreciation -€11,500
down €11,500 (-27.6%), from €41,677 to €30,176
- Other operating charges +€9,932
up €9,932 (+121.2%), from €8,195 to €18,127
- Financial income +€8,677
new in 2024: €8,677
- Financial charges +€3,745
up €3,745 (+22.4%), from €16,721 to €20,465
- Gross operating margin -€1,333
down €1,333 (-8.5%), from €15,602 to €14,269
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,628,020 | €2,575,351 | +€947,331 | +58.2% |
| Fixed assets | 21/28 | €1,443,434 | €1,413,258 | -€30,176 | -2.1% |
| Tangible fixed assets | 22/27 | €931,934 | €901,758 | -€30,176 | -3.2% |
| Land and buildings | 22 | €924,295 | €895,457 | -€28,838 | -3.1% |
| Plant, machinery and equipment | 23 | €4,379 | €3,412 | -€966 | -22.1% |
| Furniture and vehicles | 24 | €3,260 | €2,888 | -€372 | -11.4% |
| Financial fixed assets | 28 | €511,500 | €511,500 | = | 0.0% |
| Current assets | 29/58 | €184,587 | €1,162,093 | +€977,507 | +529.6% |
| Amounts receivable within one year | 40/41 | €173,916 | €1,142,724 | +€968,808 | +557.1% |
| Trade receivables | 40 | €50,215 | €118,997 | +€68,782 | +137.0% |
| Other amounts receivable | 41 | €123,701 | €1,023,727 | +€900,026 | +727.6% |
| Cash at bank and in hand | 54/58 | €8,826 | €18,054 | +€9,227 | +104.5% |
| Deferred charges and accrued income | 490/1 | €1,844 | €1,316 | -€528 | -28.6% |
| Total equity and liabilities | 10/49 | €1,628,020 | €2,575,351 | +€947,331 | +58.2% |
| Equity | 10/15 | €734,884 | €688,488 | -€46,396 | -6.3% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€265,116 | -€311,512 | -€46,396 | -17.5% |
| Amounts payable | 17/49 | €893,136 | €1,886,863 | +€993,727 | +111.3% |
| Amounts payable after more than one year | 17 | €557,918 | €1,020,045 | +€462,127 | +82.8% |
| Financial debts | 170/4 | €557,918 | €1,020,045 | +€462,127 | +82.8% |
| Amounts payable within one year | 42/48 | €335,218 | €866,818 | +€531,600 | +158.6% |
| Current portion of amounts payable after more than one year | 42 | €50,781 | €87,196 | +€36,415 | +71.7% |
| Financial debts | 43 | €198 | €6,875 | +€6,678 | +3377.6% |
| Credit institutions | 430/8 | €198 | €6,875 | +€6,678 | +3377.6% |
| Trade debts | 44 | €41,140 | €61,016 | +€19,877 | +48.3% |
| Suppliers | 440/4 | €41,140 | €61,016 | +€19,877 | +48.3% |
| Taxes, remuneration and social security | 45 | €14,025 | €7,435 | -€6,590 | -47.0% |
| Taxes | 450/3 | €14,025 | €7,435 | -€6,590 | -47.0% |
| Other amounts payable | 47/48 | €229,075 | €704,295 | +€475,221 | +207.5% |
| Non-recurring operating income | 76A | €8,674 | - | -€8,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,677 | €30,176 | -€11,500 | -27.6% |
| Other operating charges | 640/8 | €8,195 | €18,127 | +€9,932 | +121.2% |
| Gross operating margin | 9900 | €15,602 | €14,269 | -€1,333 | -8.5% |
| Operating profit (loss) | 9901 | -€34,270 | -€34,034 | +€236 | +0.7% |
| Financial income | 75/76B | - | €8,677 | +€8,677 | |
| Recurring financial income | 75 | - | €8,677 | +€8,677 | |
| Financial charges | 65/66B | €16,721 | €20,465 | +€3,745 | +22.4% |
| Recurring financial charges | 65 | €16,721 | €20,465 | +€3,745 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | -€50,991 | -€45,822 | +€5,168 | +10.1% |
| Income taxes | 67/77 | €1,705 | €574 | -€1,131 | -66.3% |
| Profit (loss) for the period | 9904 | -€52,695 | -€46,396 | +€6,299 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,695 | -€46,396 | +€6,299 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.