EPITYKIA: 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.
EPITYKIA
Largest movements
- Tangible fixed assets -€21,827
down €21,827 (-4.9%), from €445,785 to €423,958
of which Land and buildings: -€20,177
- Receivables within one year -€15,558
down €15,558 (-86.5%), from €17,994 to €2,436
of which Trade receivables: -€15,558
- Cash -€13,778
down €13,778 (-34.5%), from €39,961 to €26,183
mainly Net result for the year (-€19,329) and Debts after one year (-€18,639)
- Profit (loss) carried forward -€19,329
down €19,329 (-84.4%), from €22,903 to €3,574
- Debts after one year -€18,639
down €18,639 (-12.2%), from €152,166 to €133,527
- Other debts -€18,092
down €18,092 (-6.1%), from €298,746 to €280,654
- Gross operating margin -€37,897
down €37,897 (-51.7%), from €73,292 to €35,395
- Taxes +€9,153
up €9,153 (+132.0%), from €6,932 to €16,085
- Depreciation -€7,008
down €7,008 (-24.3%), from €28,835 to €21,827
- Financial charges +€6,150
up €6,150 (+60.4%), from €10,175 to €16,326
- Other operating charges -€1,003
down €1,003 (-67.3%), from €1,490 to €487
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 | €505,512 | €452,577 | -€52,935 | -10.5% |
| Fixed assets | 21/28 | €445,785 | €423,958 | -€21,827 | -4.9% |
| Tangible fixed assets | 22/27 | €445,785 | €423,958 | -€21,827 | -4.9% |
| Land and buildings | 22 | €441,951 | €421,774 | -€20,177 | -4.6% |
| Furniture and vehicles | 24 | €3,834 | €2,185 | -€1,649 | -43.0% |
| Current assets | 29/58 | €59,727 | €28,619 | -€31,108 | -52.1% |
| Amounts receivable within one year | 40/41 | €17,994 | €2,436 | -€15,558 | -86.5% |
| Trade receivables | 40 | €15,698 | €140 | -€15,558 | -99.1% |
| Other amounts receivable | 41 | €2,295 | €2,295 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,961 | €26,183 | -€13,778 | -34.5% |
| Deferred charges and accrued income | 490/1 | €1,772 | - | -€1,772 | |
| Total equity and liabilities | 10/49 | €505,512 | €452,577 | -€52,935 | -10.5% |
| Equity | 10/15 | €27,903 | €8,574 | -€19,329 | -69.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,903 | €3,574 | -€19,329 | -84.4% |
| Amounts payable | 17/49 | €477,609 | €444,003 | -€33,606 | -7.0% |
| Amounts payable after more than one year | 17 | €152,166 | €133,527 | -€18,639 | -12.2% |
| Financial debts | 170/4 | €152,166 | €133,527 | -€18,639 | -12.2% |
| Amounts payable within one year | 42/48 | €324,431 | €307,255 | -€17,176 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €17,961 | €18,639 | +€678 | +3.8% |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €7,724 | €7,962 | +€238 | +3.1% |
| Taxes | 450/3 | €7,724 | €7,962 | +€238 | +3.1% |
| Other amounts payable | 47/48 | €298,746 | €280,654 | -€18,092 | -6.1% |
| Accrued charges and deferred income | 492/3 | €1,012 | €3,221 | +€2,209 | +218.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,835 | €21,827 | -€7,008 | -24.3% |
| Other operating charges | 640/8 | €1,490 | €487 | -€1,003 | -67.3% |
| Gross operating margin | 9900 | €73,292 | €35,395 | -€37,897 | -51.7% |
| Operating profit (loss) | 9901 | €42,968 | €13,082 | -€29,886 | -69.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €10,175 | €16,326 | +€6,150 | +60.4% |
| Recurring financial charges | 65 | €10,175 | €16,326 | +€6,150 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | €32,793 | -€3,244 | -€36,037 | |
| Income taxes | 67/77 | €6,932 | €16,085 | +€9,153 | +132.0% |
| Profit (loss) for the period | 9904 | €25,862 | -€19,329 | -€45,191 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,862 | -€19,329 | -€45,191 |
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.