EPIIKS: 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.
EPIIKS
Largest movements
- Receivables within one year +€14,837
up €14,837 (+39.9%), from €37,185 to €52,022
of which Other amounts receivable: +€13,420
- Tangible fixed assets -€1,701
down €1,701 (-26.7%), from €6,383 to €4,682
- Other debts +€25,000
new in 2025: €25,000
- Profit (loss) carried forward -€16,028
down €16,028 (-40.9%), from €39,215 to €23,187
- Trade debts +€6,834
up €6,834 (+2931.7%), from €233 to €7,067
- Debts after one year -€3,688
down €3,688 (-41.2%), from €8,958 to €5,270
- Current portion of long-term debt +€3,034
up €3,034 (+86.0%), from €3,527 to €6,561
- Gross operating margin -€8,722
down €8,722 (-32.0%), from €27,230 to €18,508
- Financial charges +€1,983
up €1,983 (+229.1%), from €866 to €2,849
- Taxes -€1,811
down €1,811 (-34.1%), from €5,304 to €3,493
- Other operating charges -€1,017
down €1,017 (-40.5%), from €2,509 to €1,492
- Depreciation +€294
up €294 (+20.9%), from €1,408 to €1,701
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 | €71,923 | €85,717 | +€13,794 | +19.2% |
| Fixed assets | 21/28 | €6,383 | €4,682 | -€1,701 | -26.7% |
| Tangible fixed assets | 22/27 | €6,383 | €4,682 | -€1,701 | -26.7% |
| Furniture and vehicles | 24 | €6,383 | €4,682 | -€1,701 | -26.7% |
| Current assets | 29/58 | €65,540 | €81,035 | +€15,496 | +23.6% |
| Amounts receivable within one year | 40/41 | €37,185 | €52,022 | +€14,837 | +39.9% |
| Trade receivables | 40 | €10,061 | €11,478 | +€1,418 | +14.1% |
| Other amounts receivable | 41 | €27,125 | €40,544 | +€13,420 | +49.5% |
| Cash at bank and in hand | 54/58 | €28,207 | €28,897 | +€689 | +2.4% |
| Deferred charges and accrued income | 490/1 | €147 | €116 | -€31 | -20.9% |
| Total equity and liabilities | 10/49 | €71,923 | €85,717 | +€13,794 | +19.2% |
| Equity | 10/15 | €42,215 | €26,187 | -€16,028 | -38.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,215 | €23,187 | -€16,028 | -40.9% |
| Amounts payable | 17/49 | €29,708 | €59,531 | +€29,822 | +100.4% |
| Amounts payable after more than one year | 17 | €8,958 | €5,270 | -€3,688 | -41.2% |
| Financial debts | 170/4 | €8,958 | €5,270 | -€3,688 | -41.2% |
| Amounts payable within one year | 42/48 | €20,751 | €54,261 | +€33,510 | +161.5% |
| Current portion of amounts payable after more than one year | 42 | €3,527 | €6,561 | +€3,034 | +86.0% |
| Trade debts | 44 | €233 | €7,067 | +€6,834 | +2931.7% |
| Suppliers | 440/4 | €233 | €7,067 | +€6,834 | +2931.7% |
| Taxes, remuneration and social security | 45 | €16,990 | €15,632 | -€1,358 | -8.0% |
| Taxes | 450/3 | €16,990 | €15,632 | -€1,358 | -8.0% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,408 | €1,701 | +€294 | +20.9% |
| Other operating charges | 640/8 | €2,509 | €1,492 | -€1,017 | -40.5% |
| Gross operating margin | 9900 | €27,230 | €18,508 | -€8,722 | -32.0% |
| Operating profit (loss) | 9901 | €23,313 | €15,314 | -€7,999 | -34.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €866 | €2,849 | +€1,983 | +229.1% |
| Recurring financial charges | 65 | €866 | €2,849 | +€1,983 | +229.1% |
| Profit (loss) for the period before taxes | 9903 | €22,447 | €12,465 | -€9,982 | -44.5% |
| Income taxes | 67/77 | €5,304 | €3,493 | -€1,811 | -34.1% |
| Profit (loss) for the period | 9904 | €17,144 | €8,972 | -€8,172 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,144 | €8,972 | -€8,172 | -47.7% |
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 10 October 2026 via checked.be.