Epitaaf: 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.
Epitaaf
Largest movements
- Cash +€26,422
up €26,422 (+37.3%), from €70,774 to €97,196
mainly Trade debts (+€11,084) and Receivables within one year (+€5,567)
- Receivables within one year -€5,567
down €5,567 (-93.3%), from €5,965 to €398
of which Trade receivables: -€5,640
- Tangible fixed assets -€4,469
down €4,469 (-21.2%), from €21,087 to €16,618
- Trade debts +€11,084
up €11,084 (+804%), from €1,379 to €12,463
- Reserves +€4,322
up €4,322 (+4.4%), from €98,601 to €102,923
- Gross operating margin +€8,236
up €8,236 (+1,738%), from €474 to €8,710
- Financial income +€433
up €433 (+168%), from €258 to €691
- Other operating charges +€267
up €267, from €0 to €267
- Taxes +€210
new in 2024: €210
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.
Derived cash bridge
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 | €100,026 | €115,706 | +€15,679 | +15.7% |
| Fixed assets | 21/28 | €21,087 | €16,618 | -€4,469 | -21.2% |
| Tangible fixed assets | 22/27 | €21,087 | €16,618 | -€4,469 | -21.2% |
| Plant, machinery and equipment | 23 | €1,684 | €850 | -€834 | -49.5% |
| Furniture and vehicles | 24 | €4,504 | €2,534 | -€1,970 | -43.7% |
| Other tangible fixed assets | 26 | €14,899 | €13,234 | -€1,665 | -11.2% |
| Current assets | 29/58 | €78,939 | €99,088 | +€20,148 | +25.5% |
| Amounts receivable within one year | 40/41 | €5,965 | €398 | -€5,567 | -93.3% |
| Trade receivables | 40 | €5,965 | €325 | -€5,640 | -94.6% |
| Other amounts receivable | 41 | - | €73 | +€73 | |
| Cash at bank and in hand | 54/58 | €70,774 | €97,196 | +€26,422 | +37.3% |
| Deferred charges and accrued income | 490/1 | €2,200 | €1,494 | -€706 | -32.1% |
| Total equity and liabilities | 10/49 | €100,026 | €115,706 | +€15,679 | +15.7% |
| Equity | 10/15 | €98,601 | €102,923 | +€4,322 | +4.4% |
| Reserves | 13 | €98,601 | €102,923 | +€4,322 | +4.4% |
| Amounts payable | 17/49 | €1,425 | €12,783 | +€11,358 | +797% |
| Amounts payable within one year | 42/48 | €1,379 | €12,463 | +€11,084 | +804% |
| Trade debts | 44 | €1,379 | €12,463 | +€11,084 | +804% |
| Suppliers | 440/4 | €1,379 | €12,463 | +€11,084 | +804% |
| Accrued charges and deferred income | 492/3 | €46 | €320 | +€274 | +596% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,469 | €4,469 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €267 | +€267 | |
| Gross operating margin | 9900 | €474 | €8,710 | +€8,236 | +1,738% |
| Operating profit (loss) | 9901 | -€3,995 | €3,974 | +€7,969 | |
| Financial income | 75/76B | €258 | €691 | +€433 | +168% |
| Recurring financial income | 75 | €258 | €691 | +€433 | +168% |
| Financial charges | 65/66B | €129 | €133 | +€5 | +3.8% |
| Recurring financial charges | 65 | €129 | €133 | +€5 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,865 | €4,532 | +€8,397 | |
| Income taxes | 67/77 | - | €210 | +€210 | |
| Profit (loss) for the period | 9904 | -€3,865 | €4,322 | +€8,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,865 | €4,322 | +€8,187 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.