EPR: 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.
EPR
Largest movements
- Tangible fixed assets -€1,074
down €1,074 (-79.8%), from €1,346 to €272
of which Plant, machinery and equipment: -€1,074
- Cash +€864
up €864 (+445.4%), from €194 to €1,058
mainly Other debts (+€3,401) and Depreciation (+€1,074)
- Receivables within one year +€373
up €373 (+47.0%), from €794 to €1,167
of which Other amounts receivable: +€373
- Deferred charges and accrued income -€124
down €124 (-48.4%), from €256 to €132
- Profit (loss) carried forward -€3,606
down €3,606 (-6.9%), from -€52,099 to -€55,705
- Other debts +€3,401
up €3,401 (+10.3%), from €33,134 to €36,535
- Trade debts +€244
up €244 (+157.4%), from €155 to €399
- Depreciation -€904
down €904 (-45.7%), from €1,978 to €1,074
- Gross operating margin -€171
down €171 (-7.8%), from -€2,182 to -€2,353
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 | €2,590 | €2,629 | +€39 | +1.5% |
| Fixed assets | 21/28 | €1,346 | €272 | -€1,074 | -79.8% |
| Tangible fixed assets | 22/27 | €1,346 | €272 | -€1,074 | -79.8% |
| Plant, machinery and equipment | 23 | €1,074 | €0 | -€1,074 | -100.0% |
| Assets under construction and advance payments | 27 | €272 | €272 | = | 0.0% |
| Current assets | 29/58 | €1,244 | €2,357 | +€1,113 | +89.5% |
| Amounts receivable within one year | 40/41 | €794 | €1,167 | +€373 | +47.0% |
| Trade receivables | 40 | €434 | €434 | = | 0.0% |
| Other amounts receivable | 41 | €360 | €733 | +€373 | +103.6% |
| Cash at bank and in hand | 54/58 | €194 | €1,058 | +€864 | +445.4% |
| Deferred charges and accrued income | 490/1 | €256 | €132 | -€124 | -48.4% |
| Total equity and liabilities | 10/49 | €2,590 | €2,629 | +€39 | +1.5% |
| Equity | 10/15 | -€30,699 | -€34,305 | -€3,606 | -11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,400 | €1,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,400 | €1,400 | = | 0.0% |
| Legal reserve | 130 | €1,400 | €1,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,099 | -€55,705 | -€3,606 | -6.9% |
| Amounts payable | 17/49 | €33,289 | €36,934 | +€3,645 | +10.9% |
| Amounts payable within one year | 42/48 | €33,289 | €36,934 | +€3,645 | +10.9% |
| Trade debts | 44 | €155 | €399 | +€244 | +157.4% |
| Suppliers | 440/4 | €155 | €399 | +€244 | +157.4% |
| Other amounts payable | 47/48 | €33,134 | €36,535 | +€3,401 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,978 | €1,074 | -€904 | -45.7% |
| Gross operating margin | 9900 | -€2,182 | -€2,353 | -€171 | -7.8% |
| Operating profit (loss) | 9901 | -€4,160 | -€3,427 | +€733 | +17.6% |
| Financial charges | 65/66B | €173 | €179 | +€6 | +3.5% |
| Recurring financial charges | 65 | €173 | €179 | +€6 | +3.5% |
| Non-recurring financial charges | 66B | €173 | €179 | +€6 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,333 | -€3,606 | +€727 | +16.8% |
| Profit (loss) for the period | 9904 | -€4,333 | -€3,606 | +€727 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,333 | -€3,606 | +€727 | +16.8% |
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 5 October 2026 via checked.be.