EPMT: 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.
EPMT
Largest movements
- Cash -€55,400
down €55,400 (-49.7%), from €111,533 to €56,133
mainly Other debts (-€79,081) and Contributions, distributions and other (-€41,686)
- Current investments -€24,612
down €24,612 (-25.8%), from €95,306 to €70,693
- Deferred charges and accrued income +€14,811
up €14,811 (+122.7%), from €12,073 to €26,884
- Other debts -€79,081
down €79,081 (-45.9%), from €172,205 to €93,124
- Trade debts +€8,496
up €8,496 (+9.9%), from €86,202 to €94,699
- Tax, wage and social debts +€7,416
up €7,416 (+40.9%), from €18,116 to €25,532
of which Remuneration and social security: +€7,433
- Staff costs +€51,984
up €51,984 (+68.0%), from €76,413 to €128,397
- Taxes -€9,455
down €9,455 (-45.4%), from €20,844 to €11,388
- Gross operating margin +€7,145
up €7,145 (+3.9%), from €183,154 to €190,299
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 | €363,704 | €297,390 | -€66,314 | -18.2% |
| Fixed assets | 21/28 | €52,486 | €51,982 | -€504 | -1.0% |
| Tangible fixed assets | 22/27 | €52,486 | €51,982 | -€504 | -1.0% |
| Land and buildings | 22 | €49,123 | €46,766 | -€2,357 | -4.8% |
| Plant, machinery and equipment | 23 | €687 | €2,148 | +€1,461 | +212.6% |
| Furniture and vehicles | 24 | €2,676 | €3,068 | +€393 | +14.7% |
| Current assets | 29/58 | €311,218 | €245,408 | -€65,811 | -21.1% |
| Amounts receivable within one year | 40/41 | €92,307 | €91,697 | -€610 | -0.7% |
| Trade receivables | 40 | €70,802 | €73,754 | +€2,952 | +4.2% |
| Other amounts receivable | 41 | €21,505 | €17,943 | -€3,562 | -16.6% |
| Current investments | 50/53 | €95,306 | €70,693 | -€24,612 | -25.8% |
| Cash at bank and in hand | 54/58 | €111,533 | €56,133 | -€55,400 | -49.7% |
| Deferred charges and accrued income | 490/1 | €12,073 | €26,884 | +€14,811 | +122.7% |
| Total equity and liabilities | 10/49 | €363,704 | €297,390 | -€66,314 | -18.2% |
| Equity | 10/15 | €32,267 | €32,267 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,807 | €11,807 | = | 0.0% |
| Amounts payable | 17/49 | €331,437 | €265,123 | -€66,314 | -20.0% |
| Amounts payable after more than one year | 17 | €45,368 | €42,180 | -€3,187 | -7.0% |
| Financial debts | 170/4 | €45,368 | €42,180 | -€3,187 | -7.0% |
| Amounts payable within one year | 42/48 | €285,980 | €222,942 | -€63,038 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €3,079 | €3,187 | +€108 | +3.5% |
| Financial debts | 43 | €6,377 | €6,400 | +€23 | +0.4% |
| Credit institutions | 430/8 | €6,377 | €6,400 | +€23 | +0.4% |
| Trade debts | 44 | €86,202 | €94,699 | +€8,496 | +9.9% |
| Suppliers | 440/4 | €86,202 | €94,699 | +€8,496 | +9.9% |
| Taxes, remuneration and social security | 45 | €18,116 | €25,532 | +€7,416 | +40.9% |
| Taxes | 450/3 | €6,550 | €6,534 | -€16 | -0.2% |
| Remuneration and social security | 454/9 | €11,565 | €18,998 | +€7,433 | +64.3% |
| Other amounts payable | 47/48 | €172,205 | €93,124 | -€79,081 | -45.9% |
| Accrued charges and deferred income | 492/3 | €89 | - | -€89 | |
| Non-recurring operating income | 76A | €1,428 | €772 | -€656 | -45.9% |
| Remuneration, social security and pensions | 62 | €76,413 | €128,397 | +€51,984 | +68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,518 | €4,720 | +€203 | +4.5% |
| Other operating charges | 640/8 | €1,040 | €620 | -€420 | -40.4% |
| Non-recurring operating charges | 66A | €327 | - | -€327 | |
| Gross operating margin | 9900 | €183,154 | €190,299 | +€7,145 | +3.9% |
| Operating profit (loss) | 9901 | €100,857 | €56,563 | -€44,294 | -43.9% |
| Financial income | 75/76B | €689 | €196 | -€494 | -71.6% |
| Recurring financial income | 75 | €689 | €196 | -€494 | -71.6% |
| Financial charges | 65/66B | €4,412 | €3,684 | -€728 | -16.5% |
| Recurring financial charges | 65 | €3,308 | €3,684 | +€377 | +11.4% |
| Non-recurring financial charges | 66B | €1,105 | - | -€1,105 | |
| Profit (loss) for the period before taxes | 9903 | €97,134 | €53,075 | -€44,060 | -45.4% |
| Income taxes | 67/77 | €20,844 | €11,388 | -€9,455 | -45.4% |
| Profit (loss) for the period | 9904 | €76,290 | €41,686 | -€34,604 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,290 | €41,686 | -€34,604 | -45.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.