EPIDA GROUP: 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.
EPIDA GROUP
Largest movements
- Intangible fixed assets +€26,930
new in 2025: €26,930
- Receivables within one year +€7,563
up €7,563 (+23.5%), from €32,144 to €39,708
of which Trade receivables: +€11,732
- Cash -€5,969
down €5,969 (-50.2%), from €11,898 to €5,930
mainly Investment in fixed assets (net) (-€29,091) and Receivables within one year (-€7,563)
- Tangible fixed assets -€4,079
down €4,079 (-16.1%), from €25,376 to €21,297
of which Furniture and vehicles: -€4,388
- Trade debts +€14,269
up €14,269 (+37.1%), from €38,475 to €52,744
- Profit (loss) carried forward +€11,821
up €11,821 (+57.8%), from €20,435 to €32,256
- Tax, wage and social debts -€1,168
down €1,168 (-20.2%), from €5,772 to €4,603
- Depreciation +€4,485
up €4,485 (+255.5%), from €1,755 to €6,240
- Gross operating margin -€4,281
down €4,281 (-14.7%), from €29,189 to €24,908
- Staff costs -€775
down €775 (-49.7%), from €1,558 to €783
- Other operating charges +€451
up €451 (+250.4%), from €180 to €631
- Taxes +€342
up €342 (+6.7%), from €5,109 to €5,450
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 | €69,419 | €93,865 | +€24,446 | +35.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €25,376 | €48,227 | +€22,851 | +90.0% |
| Intangible fixed assets | 21 | - | €26,930 | +€26,930 | |
| Tangible fixed assets | 22/27 | €25,376 | €21,297 | -€4,079 | -16.1% |
| Plant, machinery and equipment | 23 | €1,317 | €1,625 | +€309 | +23.4% |
| Furniture and vehicles | 24 | €24,059 | €19,672 | -€4,388 | -18.2% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €44,043 | €45,638 | +€1,595 | +3.6% |
| Amounts receivable within one year | 40/41 | €32,144 | €39,708 | +€7,563 | +23.5% |
| Trade receivables | 40 | - | €11,732 | +€11,732 | |
| Other amounts receivable | 41 | €32,144 | €27,976 | -€4,168 | -13.0% |
| Cash at bank and in hand | 54/58 | €11,898 | €5,930 | -€5,969 | -50.2% |
| Total equity and liabilities | 10/49 | €69,419 | €93,865 | +€24,446 | +35.2% |
| Equity | 10/15 | €21,435 | €33,256 | +€11,821 | +55.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,435 | €32,256 | +€11,821 | +57.8% |
| Amounts payable | 17/49 | €47,984 | €60,609 | +€12,624 | +26.3% |
| Amounts payable within one year | 42/48 | €47,984 | €60,609 | +€12,624 | +26.3% |
| Trade debts | 44 | €38,475 | €52,744 | +€14,269 | +37.1% |
| Suppliers | 440/4 | €38,475 | €52,744 | +€14,269 | +37.1% |
| Taxes, remuneration and social security | 45 | €5,772 | €4,603 | -€1,168 | -20.2% |
| Taxes | 450/3 | €5,772 | €4,603 | -€1,168 | -20.2% |
| Other amounts payable | 47/48 | €3,738 | €3,261 | -€477 | -12.7% |
| Non-recurring operating income | 76A | - | €3,699 | +€3,699 | |
| Remuneration, social security and pensions | 62 | €1,558 | €783 | -€775 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,755 | €6,240 | +€4,485 | +255.5% |
| Other operating charges | 640/8 | €180 | €631 | +€451 | +250.4% |
| Gross operating margin | 9900 | €29,189 | €24,908 | -€4,281 | -14.7% |
| Operating profit (loss) | 9901 | €25,695 | €17,254 | -€8,441 | -32.9% |
| Financial income | 75/76B | - | €184 | +€184 | |
| Recurring financial income | 75 | - | €184 | +€184 | |
| Financial charges | 65/66B | €152 | €166 | +€14 | +9.4% |
| Recurring financial charges | 65 | €152 | €166 | +€14 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €25,543 | €17,271 | -€8,272 | -32.4% |
| Income taxes | 67/77 | €5,109 | €5,450 | +€342 | +6.7% |
| Profit (loss) for the period | 9904 | €20,435 | €11,821 | -€8,614 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,435 | €11,821 | -€8,614 | -42.2% |
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 30 September 2026 via checked.be.