EPOCH BLUE: 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.
EPOCH BLUE
Largest movements
- Receivables within one year +€16,675
up €16,675 (+4018.2%), from €415 to €17,090
of which Other amounts receivable: +€10,913
- Cash -€8,926
down €8,926 (-73.5%), from €12,137 to €3,211
mainly Receivables within one year (-€16,675) and Tax, wage and social debts (-€9,624)
- Tangible fixed assets -€1,213
down €1,213 (-12.4%), from €9,791 to €8,578
- Deferred charges and accrued income +€341
up €341 (+98.4%), from €347 to €687
- Reserves +€19,087
up €19,087 (+345.0%), from €5,532 to €24,619
- Tax, wage and social debts -€9,624
down €9,624 (-83.4%), from €11,532 to €1,909
of which Remuneration and social security: -€9,349
- Other debts -€1,905
down €1,905 (-100.0%), from €1,905 to €0
- Trade debts -€681
down €681 (-94.6%), from €720 to €39
- Gross operating margin +€22,250
up €22,250 (+235.5%), from €9,447 to €31,697
- Taxes +€5,552
up €5,552 (+254.3%), from €2,183 to €7,736
- Depreciation +€2,781
up €2,781 (+235.2%), from €1,182 to €3,963
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 | €22,689 | €29,566 | +€6,877 | +30.3% |
| Fixed assets | 21/28 | €9,791 | €8,578 | -€1,213 | -12.4% |
| Tangible fixed assets | 22/27 | €9,791 | €8,578 | -€1,213 | -12.4% |
| Furniture and vehicles | 24 | €9,791 | €8,578 | -€1,213 | -12.4% |
| Current assets | 29/58 | €12,898 | €20,988 | +€8,090 | +62.7% |
| Amounts receivable within one year | 40/41 | €415 | €17,090 | +€16,675 | +4018.2% |
| Trade receivables | 40 | - | €5,762 | +€5,762 | |
| Other amounts receivable | 41 | €415 | €11,328 | +€10,913 | +2629.7% |
| Cash at bank and in hand | 54/58 | €12,137 | €3,211 | -€8,926 | -73.5% |
| Deferred charges and accrued income | 490/1 | €347 | €687 | +€341 | +98.4% |
| Total equity and liabilities | 10/49 | €22,689 | €29,566 | +€6,877 | +30.3% |
| Equity | 10/15 | €8,532 | €27,619 | +€19,087 | +223.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,532 | €24,619 | +€19,087 | +345.0% |
| Distributable reserves | 133 | €5,532 | €24,619 | +€19,087 | +345.0% |
| Amounts payable | 17/49 | €14,157 | €1,948 | -€12,210 | -86.2% |
| Amounts payable within one year | 42/48 | €14,157 | €1,948 | -€12,210 | -86.2% |
| Trade debts | 44 | €720 | €39 | -€681 | -94.6% |
| Suppliers | 440/4 | €720 | €39 | -€681 | -94.6% |
| Taxes, remuneration and social security | 45 | €11,532 | €1,909 | -€9,624 | -83.4% |
| Taxes | 450/3 | €2,183 | €1,909 | -€275 | -12.6% |
| Remuneration and social security | 454/9 | €9,349 | €0 | -€9,349 | -100.0% |
| Other amounts payable | 47/48 | €1,905 | €0 | -€1,905 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,182 | €3,963 | +€2,781 | +235.2% |
| Other operating charges | 640/8 | €541 | €800 | +€259 | +48.0% |
| Gross operating margin | 9900 | €9,447 | €31,697 | +€22,250 | +235.5% |
| Operating profit (loss) | 9901 | €7,724 | €26,934 | +€19,210 | +248.7% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €9 | €112 | +€103 | +1156.2% |
| Recurring financial charges | 65 | €9 | €112 | +€103 | +1156.2% |
| Profit (loss) for the period before taxes | 9903 | €7,715 | €26,822 | +€19,107 | +247.6% |
| Income taxes | 67/77 | €2,183 | €7,736 | +€5,552 | +254.3% |
| Profit (loss) for the period | 9904 | €5,532 | €19,087 | +€13,554 | +245.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,532 | €19,087 | +€13,554 | +245.0% |
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 11 October 2026 via checked.be.