EPOKHE: 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.
EPOKHE
Largest movements
- Cash +€5,447
up €5,447 (+771.7%), from €706 to €6,153
mainly Trade debts (+€21,920) and Net result for the year (+€6,142)
- Stocks and contracts -€4,423
down €4,423 (-15.8%), from €27,964 to €23,541
- Trade debts +€21,920
up €21,920 (+314.2%), from €6,976 to €28,897
- Other debts -€11,770
down €11,770 (-17.5%), from €67,114 to €55,344
- Tax, wage and social debts -€8,537
down €8,537 (-52.0%), from €16,405 to €7,867
- Reserves +€5,309
up €5,309 (+6.2%), from €85,796 to €91,104
- Short-term financial debts -€5,100
no longer reported in 2025 (was €5,100)
- Gross operating margin +€3,055
up €3,055 (+33.0%), from €9,263 to €12,318
- Depreciation -€2,512
down €2,512 (-63.3%), from €3,967 to €1,455
- Taxes +€1,822
up €1,822 (+40.4%), from €4,514 to €6,336
- Financial charges -€996
down €996 (-37.5%), from €2,657 to €1,662
- Financial income +€967
up €967 (+33.5%), from €2,882 to €3,849
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 | €199,941 | €201,762 | +€1,821 | +0.9% |
| Fixed assets | 21/28 | €6,477 | €7,097 | +€620 | +9.6% |
| Tangible fixed assets | 22/27 | €6,477 | €7,097 | +€620 | +9.6% |
| Furniture and vehicles | 24 | €2,545 | €1,313 | -€1,232 | -48.4% |
| Other tangible fixed assets | 26 | €3,932 | €5,784 | +€1,852 | +47.1% |
| Current assets | 29/58 | €193,464 | €194,665 | +€1,201 | +0.6% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €27,964 | €23,541 | -€4,423 | -15.8% |
| Stocks | 30/36 | €27,964 | €23,541 | -€4,423 | -15.8% |
| Amounts receivable within one year | 40/41 | €74,062 | €74,677 | +€615 | +0.8% |
| Trade receivables | 40 | €74,062 | €41,728 | -€32,334 | -43.7% |
| Other amounts receivable | 41 | - | €32,949 | +€32,949 | |
| Cash at bank and in hand | 54/58 | €706 | €6,153 | +€5,447 | +771.7% |
| Deferred charges and accrued income | 490/1 | €733 | €295 | -€438 | -59.8% |
| Total equity and liabilities | 10/49 | €199,941 | €201,762 | +€1,821 | +0.9% |
| Equity | 10/15 | €104,346 | €109,654 | +€5,309 | +5.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €85,796 | €91,104 | +€5,309 | +6.2% |
| Distributable reserves | 133 | €85,796 | €91,104 | +€5,309 | +6.2% |
| Amounts payable | 17/49 | €95,596 | €92,108 | -€3,488 | -3.6% |
| Amounts payable within one year | 42/48 | €95,596 | €92,108 | -€3,488 | -3.6% |
| Financial debts | 43 | €5,100 | - | -€5,100 | |
| Credit institutions | 430/8 | €5,100 | - | -€5,100 | |
| Trade debts | 44 | €6,976 | €28,897 | +€21,920 | +314.2% |
| Suppliers | 440/4 | €6,976 | €28,897 | +€21,920 | +314.2% |
| Taxes, remuneration and social security | 45 | €16,405 | €7,867 | -€8,537 | -52.0% |
| Taxes | 450/3 | €16,405 | €7,867 | -€8,537 | -52.0% |
| Other amounts payable | 47/48 | €67,114 | €55,344 | -€11,770 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,967 | €1,455 | -€2,512 | -63.3% |
| Other operating charges | 640/8 | €568 | €573 | +€4 | +0.8% |
| Gross operating margin | 9900 | €9,263 | €12,318 | +€3,055 | +33.0% |
| Operating profit (loss) | 9901 | €4,728 | €10,291 | +€5,563 | +117.7% |
| Financial income | 75/76B | €2,882 | €3,849 | +€967 | +33.5% |
| Recurring financial income | 75 | €2,882 | €3,849 | +€967 | +33.5% |
| Financial charges | 65/66B | €2,657 | €1,662 | -€996 | -37.5% |
| Recurring financial charges | 65 | €2,657 | €1,662 | -€996 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €4,953 | €12,478 | +€7,525 | +151.9% |
| Income taxes | 67/77 | €4,514 | €6,336 | +€1,822 | +40.4% |
| Profit (loss) for the period | 9904 | €439 | €6,142 | +€5,703 | +1299.6% |
| Profit (loss) for the period to be appropriated | 9905 | €439 | €6,142 | +€5,703 | +1299.6% |
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.