EPIX: 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.
EPIX
Largest movements
- Tangible fixed assets -€1,169
down €1,169 (-55.7%), from €2,098 to €929
- Cash +€802
up €802 (+4.2%), from €19,012 to €19,814
mainly Net result for the year (+€1,876) and Depreciation (+€1,169)
- Profit (loss) carried forward +€1,876
up €1,876 (+1.9%), from -€99,250 to -€97,374
- Other debts -€1,740
down €1,740 (-2.0%), from €88,443 to €86,703
- Trade debts -€333
down €333 (-55.6%), from €598 to €266
- Gross operating margin +€264
up €264 (+7.2%), from €3,677 to €3,941
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 | €21,781 | €21,601 | -€180 | -0.8% |
| Fixed assets | 21/28 | €2,098 | €929 | -€1,169 | -55.7% |
| Tangible fixed assets | 22/27 | €2,098 | €929 | -€1,169 | -55.7% |
| Furniture and vehicles | 24 | €2,098 | €929 | -€1,169 | -55.7% |
| Current assets | 29/58 | €19,684 | €20,673 | +€989 | +5.0% |
| Amounts receivable within one year | 40/41 | €248 | €461 | +€213 | +85.9% |
| Other amounts receivable | 41 | €248 | €461 | +€213 | +85.9% |
| Cash at bank and in hand | 54/58 | €19,012 | €19,814 | +€802 | +4.2% |
| Deferred charges and accrued income | 490/1 | €423 | €398 | -€26 | -6.1% |
| Total equity and liabilities | 10/49 | €21,781 | €21,601 | -€180 | -0.8% |
| Equity | 10/15 | -€67,686 | -€65,810 | +€1,876 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,364 | €25,364 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €23,509 | €23,509 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,250 | -€97,374 | +€1,876 | +1.9% |
| Amounts payable | 17/49 | €89,467 | €87,411 | -€2,056 | -2.3% |
| Amounts payable within one year | 42/48 | €89,177 | €87,111 | -€2,065 | -2.3% |
| Trade debts | 44 | €598 | €266 | -€333 | -55.6% |
| Suppliers | 440/4 | €598 | €266 | -€333 | -55.6% |
| Taxes, remuneration and social security | 45 | €135 | €143 | +€7 | +5.4% |
| Taxes | 450/3 | €135 | €143 | +€7 | +5.4% |
| Other amounts payable | 47/48 | €88,443 | €86,703 | -€1,740 | -2.0% |
| Accrued charges and deferred income | 492/3 | €291 | €300 | +€9 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,169 | €1,169 | = | 0.0% |
| Other operating charges | 640/8 | €672 | €692 | +€20 | +2.9% |
| Gross operating margin | 9900 | €3,677 | €3,941 | +€264 | +7.2% |
| Operating profit (loss) | 9901 | €1,836 | €2,080 | +€244 | +13.3% |
| Financial charges | 65/66B | €57 | €62 | +€5 | +7.9% |
| Recurring financial charges | 65 | €57 | €62 | +€5 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €1,779 | €2,019 | +€240 | +13.5% |
| Income taxes | 67/77 | €135 | €143 | +€7 | +5.4% |
| Profit (loss) for the period | 9904 | €1,643 | €1,876 | +€233 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,643 | €1,876 | +€233 | +14.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.