EPIS DE HESBAYE: what changed
EPIS DE HESBAYE
Largest movements
- Receivables within one year +€11,639
up €11,639 (+168%), from €6,909 to €18,548
of which Trade receivables: +€10,706
- Tangible fixed assets -€3,578
down €3,578 (-66.7%), from €5,363 to €1,785
- Stocks and contracts -€1,002
down €1,002 (-100%), from €1,002 to €0
- Cash -€409
down €409 (-9.3%), from €4,417 to €4,007
mainly Receivables within one year (-€11,639) and Debts after one year (-€1,831)
- Trade debts +€6,814
up €6,814 (+110%), from €6,203 to €13,018
- Debts after one year -€1,831
down €1,831 (-18.4%), from €9,941 to €8,109
- Profit (loss) carried forward +€1,652
up €1,652 (+13.0%), from -€12,694 to -€11,042
- Other operating charges +€327
up €327 (+79.2%), from €412 to €739
- Gross operating margin +€277
up €277 (+4.7%), from €5,865 to €6,142
- Write-downs -€247
no longer reported in 2025 (was €247)
- Financial charges +€67
up €67 (+63.7%), from €106 to €173
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,690 | €24,340 | +€6,650 | +37.6% |
| Fixed assets | 21/28 | €5,363 | €1,785 | -€3,578 | -66.7% |
| Tangible fixed assets | 22/27 | €5,363 | €1,785 | -€3,578 | -66.7% |
| Plant, machinery and equipment | 23 | €5,363 | €1,785 | -€3,578 | -66.7% |
| Current assets | 29/58 | €12,327 | €22,555 | +€10,228 | +83.0% |
| Stocks and contracts in progress | 3 | €1,002 | €0 | -€1,002 | -100% |
| Stocks | 30/36 | €1,002 | €0 | -€1,002 | -100% |
| Amounts receivable within one year | 40/41 | €6,909 | €18,548 | +€11,639 | +168% |
| Trade receivables | 40 | €6,886 | €17,592 | +€10,706 | +155% |
| Other amounts receivable | 41 | €23 | €956 | +€934 | +4,149% |
| Cash at bank and in hand | 54/58 | €4,417 | €4,007 | -€409 | -9.3% |
| Total equity and liabilities | 10/49 | €17,690 | €24,340 | +€6,650 | +37.6% |
| Equity | 10/15 | -€270 | €1,382 | +€1,652 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €8,424 | €8,424 | = | 0.0% |
| Distributable reserves | 133 | €8,424 | €8,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,694 | -€11,042 | +€1,652 | +13.0% |
| Amounts payable | 17/49 | €17,960 | €22,958 | +€4,998 | +27.8% |
| Amounts payable after more than one year | 17 | €9,941 | €8,109 | -€1,831 | -18.4% |
| Financial debts | 170/4 | €9,941 | €8,109 | -€1,831 | -18.4% |
| Amounts payable within one year | 42/48 | €8,020 | €14,849 | +€6,829 | +85.2% |
| Current portion of amounts payable after more than one year | 42 | €1,816 | €1,831 | +€15 | +0.8% |
| Trade debts | 44 | €6,203 | €13,018 | +€6,814 | +110% |
| Suppliers | 440/4 | €6,203 | €13,018 | +€6,814 | +110% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,578 | €3,578 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €247 | - | -€247 | |
| Other operating charges | 640/8 | €412 | €739 | +€327 | +79.2% |
| Gross operating margin | 9900 | €5,865 | €6,142 | +€277 | +4.7% |
| Operating profit (loss) | 9901 | €1,627 | €1,825 | +€198 | +12.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -87.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -87.3% |
| Financial charges | 65/66B | €106 | €173 | +€67 | +63.7% |
| Recurring financial charges | 65 | €106 | €173 | +€67 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €1,522 | €1,652 | +€130 | +8.5% |
| Profit (loss) for the period | 9904 | €1,522 | €1,652 | +€130 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,522 | €1,652 | +€130 | +8.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.