EPILEX: 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.
EPILEX
Largest movements
- Tangible fixed assets +€37,929
up €37,929 (+496%), from €7,643 to €45,572
of which Furniture and vehicles: +€34,631
- Cash +€7,844
up €7,844 (+4.5%), from €176,107 to €183,952
mainly Net result for the year (+€34,262) and Depreciation (+€11,054)
- Reserves +€34,260
up €34,260 (+38.8%), from €88,263 to €122,523
of which Distributable reserves: +€34,260
- Tax, wage and social debts +€9,718
up €9,718 (+24.0%), from €40,455 to €50,173
of which Taxes: +€9,591
- Gross operating margin +€49,356
up €49,356 (+35.9%), from €137,307 to €186,664
- Staff costs +€15,703
up €15,703 (+15.7%), from €100,089 to €115,792
- Taxes +€13,276
up €13,276 (+219%), from €6,051 to €19,327
- Depreciation +€7,499
up €7,499 (+211%), from €3,556 to €11,054
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 | €186,939 | €231,926 | +€44,987 | +24.1% |
| Fixed assets | 21/28 | €7,859 | €45,572 | +€37,713 | +480% |
| Tangible fixed assets | 22/27 | €7,643 | €45,572 | +€37,929 | +496% |
| Land and buildings | 22 | €0 | €5,309 | +€5,309 | +53,092,100% |
| Plant, machinery and equipment | 23 | €6,622 | €4,611 | -€2,011 | -30.4% |
| Furniture and vehicles | 24 | €1,021 | €35,652 | +€34,631 | +3,393% |
| Financial fixed assets | 28 | €217 | €0 | -€217 | -100% |
| Current assets | 29/58 | €179,080 | €186,354 | +€7,274 | +4.1% |
| Stocks and contracts in progress | 3 | €2,972 | €2,402 | -€570 | -19.2% |
| Stocks | 30/36 | €2,972 | €2,402 | -€570 | -19.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €176,107 | €183,952 | +€7,844 | +4.5% |
| Total equity and liabilities | 10/49 | €186,939 | €231,926 | +€44,987 | +24.1% |
| Equity | 10/15 | €141,295 | €175,557 | +€34,262 | +24.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €88,263 | €122,523 | +€34,260 | +38.8% |
| Non-distributable reserves | 130/1 | €800 | €800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €87,463 | €121,723 | +€34,260 | +39.2% |
| Profit (loss) carried forward | 14 | €13,032 | €13,034 | +€2 | 0.0% |
| Amounts payable | 17/49 | €45,645 | €56,369 | +€10,725 | +23.5% |
| Amounts payable within one year | 42/48 | €45,645 | €56,369 | +€10,725 | +23.5% |
| Trade debts | 44 | €3,779 | €4,839 | +€1,060 | +28.0% |
| Suppliers | 440/4 | €3,779 | €4,839 | +€1,060 | +28.0% |
| Taxes, remuneration and social security | 45 | €40,455 | €50,173 | +€9,718 | +24.0% |
| Taxes | 450/3 | €17,609 | €27,201 | +€9,591 | +54.5% |
| Remuneration and social security | 454/9 | €22,845 | €22,972 | +€127 | +0.6% |
| Other amounts payable | 47/48 | €1,411 | €1,357 | -€53 | -3.8% |
| Remuneration, social security and pensions | 62 | €100,089 | €115,792 | +€15,703 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,556 | €11,054 | +€7,499 | +211% |
| Other operating charges | 640/8 | €1,190 | €2,544 | +€1,354 | +114% |
| Gross operating margin | 9900 | €137,307 | €186,664 | +€49,356 | +35.9% |
| Operating profit (loss) | 9901 | €32,473 | €57,273 | +€24,800 | +76.4% |
| Financial income | 75/76B | €0 | €269 | +€269 | |
| Recurring financial income | 75 | €0 | €269 | +€269 | |
| Financial charges | 65/66B | €3,208 | €3,953 | +€746 | +23.2% |
| Recurring financial charges | 65 | €3,208 | €3,953 | +€746 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €29,265 | €53,589 | +€24,323 | +83.1% |
| Income taxes | 67/77 | €6,051 | €19,327 | +€13,276 | +219% |
| Profit (loss) for the period | 9904 | €23,214 | €34,262 | +€11,048 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,214 | €34,262 | +€11,048 | +47.6% |
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.