EPOS: 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.
EPOS
Largest movements
- Cash -€7,322
down €7,322 (-15.6%), from €47,041 to €39,719
mainly Contributions, distributions and other (-€95,949) and Debts after one year (-€13,527)
- Other debts +€53,032
up €53,032 (+279%), from €18,991 to €72,023
- Reserves -€48,367
down €48,367 (-50.4%), from €95,949 to €47,582
- Debts after one year -€13,527
down €13,527 (-8.6%), from €156,825 to €143,298
of which Financial debts: -€13,627
- Trade debts +€4,455
up €4,455 (+185%), from €2,408 to €6,863
- Gross operating margin +€12,236
up €12,236 (+19.5%), from €62,645 to €74,881
- Taxes +€2,089
up €2,089 (+19.1%), from €10,914 to €13,002
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.
Derived cash bridge
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 | €312,054 | €306,930 | -€5,124 | -1.6% |
| Fixed assets | 21/28 | €251,623 | €250,989 | -€634 | -0.3% |
| Tangible fixed assets | 22/27 | €251,623 | €250,989 | -€634 | -0.3% |
| Land and buildings | 22 | €247,675 | €244,456 | -€3,219 | -1.3% |
| Plant, machinery and equipment | 23 | €2,616 | €4,136 | +€1,520 | +58.1% |
| Furniture and vehicles | 24 | €1,333 | €2,397 | +€1,065 | +79.9% |
| Current assets | 29/58 | €60,431 | €55,941 | -€4,490 | -7.4% |
| Amounts receivable within one year | 40/41 | €13,390 | €13,664 | +€274 | +2.0% |
| Trade receivables | 40 | €13,235 | €13,664 | +€429 | +3.2% |
| Other amounts receivable | 41 | €154 | - | -€154 | |
| Cash at bank and in hand | 54/58 | €47,041 | €39,719 | -€7,322 | -15.6% |
| Deferred charges and accrued income | 490/1 | - | €2,558 | +€2,558 | |
| Total equity and liabilities | 10/49 | €312,054 | €306,930 | -€5,124 | -1.6% |
| Equity | 10/15 | €114,549 | €66,182 | -€48,367 | -42.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,949 | €47,582 | -€48,367 | -50.4% |
| Distributable reserves | 133 | €95,949 | €47,582 | -€48,367 | -50.4% |
| Amounts payable | 17/49 | €197,506 | €240,748 | +€43,243 | +21.9% |
| Amounts payable after more than one year | 17 | €156,825 | €143,298 | -€13,527 | -8.6% |
| Financial debts | 170/4 | €156,825 | €143,198 | -€13,627 | -8.7% |
| Other amounts payable | 178/9 | - | €100 | +€100 | |
| Amounts payable within one year | 42/48 | €40,681 | €97,450 | +€56,769 | +140% |
| Current portion of amounts payable after more than one year | 42 | €13,484 | €13,627 | +€143 | +1.1% |
| Financial debts | 43 | €2,786 | €3,047 | +€261 | +9.4% |
| Credit institutions | 430/8 | €2,786 | €3,047 | +€261 | +9.4% |
| Trade debts | 44 | €2,408 | €6,863 | +€4,455 | +185% |
| Suppliers | 440/4 | €2,408 | €6,863 | +€4,455 | +185% |
| Taxes, remuneration and social security | 45 | €3,012 | €1,891 | -€1,121 | -37.2% |
| Taxes | 450/3 | €3,012 | €1,891 | -€1,121 | -37.2% |
| Other amounts payable | 47/48 | €18,991 | €72,023 | +€53,032 | +279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,421 | €7,756 | +€335 | +4.5% |
| Other operating charges | 640/8 | €1,219 | €1,256 | +€37 | +3.0% |
| Non-recurring operating charges | 66A | - | €835 | +€835 | |
| Gross operating margin | 9900 | €62,645 | €74,881 | +€12,236 | +19.5% |
| Operating profit (loss) | 9901 | €54,005 | €65,033 | +€11,028 | +20.4% |
| Financial income | 75/76B | €558 | €455 | -€103 | -18.4% |
| Recurring financial income | 75 | €558 | €455 | -€103 | -18.4% |
| Financial charges | 65/66B | €4,407 | €4,904 | +€498 | +11.3% |
| Recurring financial charges | 65 | €4,407 | €4,904 | +€498 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €50,156 | €60,584 | +€10,428 | +20.8% |
| Income taxes | 67/77 | €10,914 | €13,002 | +€2,089 | +19.1% |
| Profit (loss) for the period | 9904 | €39,243 | €47,582 | +€8,339 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,243 | €47,582 | +€8,339 | +21.3% |
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 20 October 2026 via checked.be.