EPIMELIA: 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.
EPIMELIA
Largest movements
- Current investments +€250,000
new in 2024: €250,000
- Receivables within one year -€172,187
down €172,187 (-72.2%), from €238,555 to €66,368
of which Trade receivables: -€180,404
- Cash -€109,298
down €109,298 (-43.5%), from €250,996 to €141,698
mainly Current investments (-€250,000) and Trade debts (-€72,145)
- Tangible fixed assets -€16,189
down €16,189 (-5.9%), from €273,388 to €257,199
of which Other tangible fixed assets: -€16,520
- Trade debts -€72,145
down €72,145 (-77.4%), from €93,252 to €21,107
- Profit (loss) carried forward +€24,604
up €24,604 (+25.0%), from €98,556 to €123,161
- Depreciation -€19,313
down €19,313 (-45.4%), from €42,534 to €23,221
- Gross operating margin +€12,742
up €12,742 (+21.1%), from €60,318 to €73,060
- Other operating charges +€6,859
up €6,859 (+138.3%), from €4,960 to €11,820
- Financial income +€2,065
up €2,065 (+20898.4%), from €10 to €2,075
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 | €775,786 | €728,246 | -€47,540 | -6.1% |
| Fixed assets | 21/28 | €283,927 | €267,847 | -€16,080 | -5.7% |
| Tangible fixed assets | 22/27 | €273,388 | €257,199 | -€16,189 | -5.9% |
| Plant, machinery and equipment | 23 | €15,878 | €18,089 | +€2,211 | +13.9% |
| Furniture and vehicles | 24 | €9,435 | €7,555 | -€1,880 | -19.9% |
| Other tangible fixed assets | 26 | €248,075 | €231,555 | -€16,520 | -6.7% |
| Financial fixed assets | 28 | €10,539 | €10,647 | +€109 | +1.0% |
| Current assets | 29/58 | €491,859 | €460,399 | -€31,460 | -6.4% |
| Amounts receivable within one year | 40/41 | €238,555 | €66,368 | -€172,187 | -72.2% |
| Trade receivables | 40 | €202,145 | €21,741 | -€180,404 | -89.2% |
| Other amounts receivable | 41 | €36,410 | €44,627 | +€8,217 | +22.6% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €250,996 | €141,698 | -€109,298 | -43.5% |
| Deferred charges and accrued income | 490/1 | €2,308 | €2,333 | +€25 | +1.1% |
| Total equity and liabilities | 10/49 | €775,786 | €728,246 | -€47,540 | -6.1% |
| Equity | 10/15 | €167,534 | €192,139 | +€24,604 | +14.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €7,478 | €7,478 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,478 | €7,478 | = | 0.0% |
| Legal reserve | 130 | €7,478 | €7,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,556 | €123,161 | +€24,604 | +25.0% |
| Amounts payable | 17/49 | €608,252 | €536,107 | -€72,145 | -11.9% |
| Amounts payable within one year | 42/48 | €593,252 | €521,107 | -€72,145 | -12.2% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Other loans | 439 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €93,252 | €21,107 | -€72,145 | -77.4% |
| Suppliers | 440/4 | €93,252 | €21,107 | -€72,145 | -77.4% |
| Accrued charges and deferred income | 492/3 | €15,000 | €15,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,534 | €23,221 | -€19,313 | -45.4% |
| Other operating charges | 640/8 | €4,960 | €11,820 | +€6,859 | +138.3% |
| Gross operating margin | 9900 | €60,318 | €73,060 | +€12,742 | +21.1% |
| Operating profit (loss) | 9901 | €12,824 | €38,019 | +€25,196 | +196.5% |
| Financial income | 75/76B | €10 | €2,075 | +€2,065 | +20898.4% |
| Recurring financial income | 75 | €10 | €2,075 | +€2,065 | +20898.4% |
| Financial charges | 65/66B | €15,624 | €15,489 | -€134 | -0.9% |
| Recurring financial charges | 65 | €15,624 | €15,489 | -€134 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,790 | €24,604 | +€27,395 | |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€2,790 | €24,604 | +€27,395 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,790 | €24,604 | +€27,395 |
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 5 October 2026 via checked.be.