EPOX: 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.
EPOX
Largest movements
- Current investments +€77,040
up €77,040 (+26.6%), from €289,650 to €366,690
- Cash -€31,623
down €31,623 (-17.2%), from €184,257 to €152,635
mainly Current investments (-€77,040) and Contributions, distributions and other (-€53,849)
- Tangible fixed assets -€30,062
down €30,062 (-16.7%), from €179,914 to €149,852
of which Land and buildings: -€15,432
- Financial fixed assets -€15,000
down €15,000 (-8.8%), from €171,000 to €156,000
- Reserves +€10,813
up €10,813 (+3.8%), from €285,580 to €296,393
of which Distributable reserves: +€10,813
- Debts after one year -€9,840
down €9,840 (-70.6%), from €13,937 to €4,097
- Gross operating margin -€30,431
down €30,431 (-18.7%), from €162,346 to €131,915
- Depreciation -€10,961
down €10,961 (-21.1%), from €51,981 to €41,019
- Taxes -€7,465
down €7,465 (-21.1%), from €35,409 to €27,945
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €890,815 | €882,896 | -€7,919 | -0.9% |
| Fixed assets | 21/28 | €350,914 | €305,852 | -€45,062 | -12.8% |
| Tangible fixed assets | 22/27 | €179,914 | €149,852 | -€30,062 | -16.7% |
| Land and buildings | 22 | €131,816 | €116,383 | -€15,432 | -11.7% |
| Plant, machinery and equipment | 23 | €9,874 | - | -€9,874 | |
| Furniture and vehicles | 24 | €38,224 | €33,468 | -€4,756 | -12.4% |
| Financial fixed assets | 28 | €171,000 | €156,000 | -€15,000 | -8.8% |
| Current assets | 29/58 | €539,902 | €577,045 | +€37,143 | +6.9% |
| Amounts receivable within one year | 40/41 | €63,752 | €54,862 | -€8,889 | -13.9% |
| Trade receivables | 40 | €63,752 | €52,807 | -€10,945 | -17.2% |
| Other amounts receivable | 41 | - | €2,055 | +€2,055 | |
| Current investments | 50/53 | €289,650 | €366,690 | +€77,040 | +26.6% |
| Cash at bank and in hand | 54/58 | €184,257 | €152,635 | -€31,623 | -17.2% |
| Deferred charges and accrued income | 490/1 | €2,243 | €2,858 | +€615 | +27.4% |
| Total equity and liabilities | 10/49 | €890,815 | €882,896 | -€7,919 | -0.9% |
| Equity | 10/15 | €798,275 | €809,087 | +€10,813 | +1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €285,580 | €296,393 | +€10,813 | +3.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €283,720 | €294,533 | +€10,813 | +3.8% |
| Profit (loss) carried forward | 14 | €500,295 | €500,295 | = | 0.0% |
| Amounts payable | 17/49 | €92,541 | €73,809 | -€18,732 | -20.2% |
| Amounts payable after more than one year | 17 | €13,937 | €4,097 | -€9,840 | -70.6% |
| Financial debts | 170/4 | €13,937 | €4,097 | -€9,840 | -70.6% |
| Amounts payable within one year | 42/48 | €78,604 | €69,712 | -€8,892 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €4,920 | €4,920 | = | 0.0% |
| Trade debts | 44 | €5,347 | €3,061 | -€2,286 | -42.8% |
| Suppliers | 440/4 | €5,347 | €3,061 | -€2,286 | -42.8% |
| Taxes, remuneration and social security | 45 | €11,276 | €5,409 | -€5,867 | -52.0% |
| Taxes | 450/3 | €11,276 | €5,409 | -€5,867 | -52.0% |
| Other amounts payable | 47/48 | €57,060 | €56,322 | -€739 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,981 | €41,019 | -€10,961 | -21.1% |
| Other operating charges | 640/8 | €1,652 | €2,267 | +€616 | +37.3% |
| Gross operating margin | 9900 | €162,346 | €131,915 | -€30,431 | -18.7% |
| Operating profit (loss) | 9901 | €108,713 | €88,629 | -€20,085 | -18.5% |
| Financial income | 75/76B | €3,501 | €4,191 | +€691 | +19.7% |
| Recurring financial income | 75 | €3,501 | €4,191 | +€691 | +19.7% |
| Financial charges | 65/66B | €112 | €213 | +€101 | +90.7% |
| Recurring financial charges | 65 | €112 | €213 | +€101 | +90.7% |
| Profit (loss) for the period before taxes | 9903 | €112,102 | €92,607 | -€19,495 | -17.4% |
| Transfer from deferred taxes | 780 | €829 | - | -€829 | |
| Income taxes | 67/77 | €35,409 | €27,945 | -€7,465 | -21.1% |
| Profit (loss) for the period | 9904 | €77,521 | €64,662 | -€12,859 | -16.6% |
| Transfer from tax-exempt reserves | 789 | €2,486 | - | -€2,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,008 | €64,662 | -€15,346 | -19.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.