EPPES: 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.
EPPES
Largest movements
- Receivables within one year -€18,169
down €18,169 (-98.6%), from €18,433 to €264
- Intangible fixed assets -€4,957
down €4,957 (-21.1%), from €23,536 to €18,579
- Cash -€1,963
down €1,963 (-65.4%), from €3,000 to €1,037
mainly Trade debts (-€20,632) and Net result for the year (-€16,764)
- Tangible fixed assets +€1,590
up €1,590 (+125.7%), from €1,266 to €2,856
of which Furniture and vehicles: +€2,025
- Deferred charges and accrued income +€1,473
new in 2025: €1,473
- Trade debts -€20,632
down €20,632 (-58.4%), from €35,339 to €14,707
- Profit (loss) carried forward -€16,764
down €16,764, from €6,655 to -€10,109
- Other debts +€11,935
up €11,935 (+994.6%), from €1,200 to €13,135
- Tax, wage and social debts +€3,615
up €3,615 (+291.3%), from €1,241 to €4,856
- Gross operating margin -€17,974
down €17,974, from €9,234 to -€8,740
- Depreciation +€4,468
up €4,468 (+347.0%), from €1,288 to €5,756
- Financial charges +€1,456
up €1,456 (+970606.7%), from €0 to €1,456
- Taxes -€1,071
down €1,071 (-86.3%), from €1,241 to €170
- Other operating charges +€592
up €592 (+1184.6%), from €50 to €642
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 | €47,435 | €25,588 | -€21,846 | -46.1% |
| Fixed assets | 21/28 | €26,001 | €22,635 | -€3,367 | -12.9% |
| Intangible fixed assets | 21 | €23,536 | €18,579 | -€4,957 | -21.1% |
| Tangible fixed assets | 22/27 | €1,266 | €2,856 | +€1,590 | +125.7% |
| Plant, machinery and equipment | 23 | €1,266 | €831 | -€435 | -34.3% |
| Furniture and vehicles | 24 | - | €2,025 | +€2,025 | |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €21,433 | €2,953 | -€18,480 | -86.2% |
| Stocks and contracts in progress | 3 | - | €180 | +€180 | |
| Stocks | 30/36 | - | €180 | +€180 | |
| Amounts receivable within one year | 40/41 | €18,433 | €264 | -€18,169 | -98.6% |
| Trade receivables | 40 | €18,433 | €264 | -€18,169 | -98.6% |
| Cash at bank and in hand | 54/58 | €3,000 | €1,037 | -€1,963 | -65.4% |
| Deferred charges and accrued income | 490/1 | - | €1,473 | +€1,473 | |
| Total equity and liabilities | 10/49 | €47,435 | €25,588 | -€21,846 | -46.1% |
| Equity | 10/15 | €9,655 | -€7,109 | -€16,764 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,655 | -€10,109 | -€16,764 | |
| Amounts payable | 17/49 | €37,780 | €32,697 | -€5,083 | -13.5% |
| Amounts payable within one year | 42/48 | €37,780 | €32,697 | -€5,083 | -13.5% |
| Trade debts | 44 | €35,339 | €14,707 | -€20,632 | -58.4% |
| Suppliers | 440/4 | €35,339 | €14,707 | -€20,632 | -58.4% |
| Taxes, remuneration and social security | 45 | €1,241 | €4,856 | +€3,615 | +291.3% |
| Taxes | 450/3 | €1,241 | €4,856 | +€3,615 | +291.3% |
| Other amounts payable | 47/48 | €1,200 | €13,135 | +€11,935 | +994.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,288 | €5,756 | +€4,468 | +347.0% |
| Other operating charges | 640/8 | €50 | €642 | +€592 | +1184.6% |
| Gross operating margin | 9900 | €9,234 | -€8,740 | -€17,974 | |
| Operating profit (loss) | 9901 | €7,896 | -€15,138 | -€23,034 | |
| Financial charges | 65/66B | €0 | €1,456 | +€1,456 | +970606.7% |
| Recurring financial charges | 65 | €0 | €1,456 | +€1,456 | +970606.7% |
| Profit (loss) for the period before taxes | 9903 | €7,896 | -€16,594 | -€24,490 | |
| Income taxes | 67/77 | €1,241 | €170 | -€1,071 | -86.3% |
| Profit (loss) for the period | 9904 | €6,655 | -€16,764 | -€23,419 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,655 | -€16,764 | -€23,419 |
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 7 October 2026 via checked.be.