EPIPACTIS: 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.
EPIPACTIS
Largest movements
- Deferred charges and accrued income -€50,313
down €50,313 (-28.5%), from €176,466 to €126,152
- Receivables within one year -€16,865
down €16,865 (-41.6%), from €40,587 to €23,722
of which Other amounts receivable: -€12,532
- Tangible fixed assets -€6,045
down €6,045 (-8.9%), from €68,055 to €62,010
of which Plant, machinery and equipment: -€14,365
- Cash +€3,327
up €3,327 (+9.6%), from €34,679 to €38,006
mainly Deferred charges and accrued income (+€50,313) and Depreciation (+€18,239)
- Trade debts -€46,213
down €46,213 (-28.7%), from €160,750 to €114,538
- Other debts -€12,000
down €12,000 (-11.0%), from €109,000 to €97,000
- Profit (loss) carried forward -€9,643
down €9,643 (-48.2%), from €20,005 to €10,362
- Gross operating margin -€42,528
down €42,528 (-36.2%), from €117,468 to €74,940
- Staff costs +€9,060
up €9,060 (+15.9%), from €57,095 to €66,155
- Depreciation +€7,615
up €7,615 (+71.7%), from €10,623 to €18,239
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 | €319,837 | €249,941 | -€69,896 | -21.9% |
| Fixed assets | 21/28 | €68,105 | €62,060 | -€6,045 | -8.9% |
| Tangible fixed assets | 22/27 | €68,055 | €62,010 | -€6,045 | -8.9% |
| Plant, machinery and equipment | 23 | €65,570 | €51,205 | -€14,365 | -21.9% |
| Furniture and vehicles | 24 | - | €8,801 | +€8,801 | |
| Other tangible fixed assets | 26 | €2,485 | €2,004 | -€481 | -19.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €251,732 | €187,881 | -€63,851 | -25.4% |
| Amounts receivable within one year | 40/41 | €40,587 | €23,722 | -€16,865 | -41.6% |
| Trade receivables | 40 | €23,065 | €18,732 | -€4,333 | -18.8% |
| Other amounts receivable | 41 | €17,522 | €4,990 | -€12,532 | -71.5% |
| Cash at bank and in hand | 54/58 | €34,679 | €38,006 | +€3,327 | +9.6% |
| Deferred charges and accrued income | 490/1 | €176,466 | €126,152 | -€50,313 | -28.5% |
| Total equity and liabilities | 10/49 | €319,837 | €249,941 | -€69,896 | -21.9% |
| Equity | 10/15 | €42,005 | €32,362 | -€9,643 | -23.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,005 | €10,362 | -€9,643 | -48.2% |
| Amounts payable | 17/49 | €277,832 | €217,578 | -€60,253 | -21.7% |
| Amounts payable within one year | 42/48 | €277,832 | €217,578 | -€60,253 | -21.7% |
| Trade debts | 44 | €160,750 | €114,538 | -€46,213 | -28.7% |
| Suppliers | 440/4 | €160,750 | €114,538 | -€46,213 | -28.7% |
| Taxes, remuneration and social security | 45 | €8,081 | €6,041 | -€2,040 | -25.2% |
| Taxes | 450/3 | €136 | €102 | -€34 | -25.2% |
| Remuneration and social security | 454/9 | €7,945 | €5,939 | -€2,006 | -25.2% |
| Other amounts payable | 47/48 | €109,000 | €97,000 | -€12,000 | -11.0% |
| Remuneration, social security and pensions | 62 | €57,095 | €66,155 | +€9,060 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,623 | €18,239 | +€7,615 | +71.7% |
| Other operating charges | 640/8 | €79 | €106 | +€27 | +33.8% |
| Non-recurring operating charges | 66A | €73 | - | -€73 | |
| Gross operating margin | 9900 | €117,468 | €74,940 | -€42,528 | -36.2% |
| Operating profit (loss) | 9901 | €49,596 | -€9,560 | -€59,156 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €40 | €83 | +€43 | +105.6% |
| Recurring financial charges | 65 | €40 | €83 | +€43 | +105.6% |
| Profit (loss) for the period before taxes | 9903 | €49,556 | -€9,643 | -€59,199 | |
| Profit (loss) for the period | 9904 | €49,556 | -€9,643 | -€59,199 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,556 | -€9,643 | -€59,199 |
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.