EPRCG: 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.
EPRCG
Largest movements
- Stocks and contracts +€144,069
up €144,069 (+48.7%), from €295,802 to €439,872
- Receivables within one year +€98,102
up €98,102 (+3,938%), from €2,491 to €100,593
of which Other amounts receivable: +€95,129
- Tangible fixed assets -€39,252
no longer reported in 2024 (was €39,252)
- Debts after one year +€144,644
up €144,644 (+41.9%), from €345,480 to €490,124
- Profit (loss) carried forward +€61,486
up €61,486 (+22.7%), from €271,069 to €332,556
- Trade debts -€39,379
down €39,379 (-66.6%), from €59,132 to €19,753
- Tax, wage and social debts +€33,640
up €33,640 (+2,121%), from €1,586 to €35,226
of which Taxes: +€28,951
- Staff costs +€83,088
new in 2024: €83,088
- Financial charges +€15,572
up €15,572 (+287%), from €5,431 to €21,003
- Gross operating margin -€4,161
down €4,161 (-2.3%), from €179,247 to €175,086
- Financial income +€3,666
new in 2024: €3,666
- Taxes -€2,727
down €2,727 (-17.2%), from €15,901 to €13,174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €809,996 | €1,006,347 | +€196,351 | +24.2% |
| Fixed assets | 21/28 | €502,585 | €463,333 | -€39,252 | -7.8% |
| Tangible fixed assets | 22/27 | €39,252 | - | -€39,252 | |
| Furniture and vehicles | 24 | €39,252 | - | -€39,252 | |
| Financial fixed assets | 28 | €463,333 | €463,333 | = | 0.0% |
| Current assets | 29/58 | €307,411 | €543,014 | +€235,603 | +76.6% |
| Stocks and contracts in progress | 3 | €295,802 | €439,872 | +€144,069 | +48.7% |
| Stocks | 30/36 | €295,802 | €439,872 | +€144,069 | +48.7% |
| Amounts receivable within one year | 40/41 | €2,491 | €100,593 | +€98,102 | +3,938% |
| Trade receivables | 40 | €2,491 | €5,464 | +€2,973 | +119% |
| Other amounts receivable | 41 | - | €95,129 | +€95,129 | |
| Cash at bank and in hand | 54/58 | €9,118 | €2,549 | -€6,568 | -72.0% |
| Total equity and liabilities | 10/49 | €809,996 | €1,006,347 | +€196,351 | +24.2% |
| Equity | 10/15 | €281,069 | €342,556 | +€61,486 | +21.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €271,069 | €332,556 | +€61,486 | +22.7% |
| Amounts payable | 17/49 | €528,927 | €663,792 | +€134,864 | +25.5% |
| Amounts payable after more than one year | 17 | €345,480 | €490,124 | +€144,644 | +41.9% |
| Financial debts | 170/4 | €345,480 | €490,124 | +€144,644 | +41.9% |
| Amounts payable within one year | 42/48 | €183,448 | €173,668 | -€9,780 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €53,820 | €55,356 | +€1,536 | +2.9% |
| Trade debts | 44 | €59,132 | €19,753 | -€39,379 | -66.6% |
| Suppliers | 440/4 | €59,132 | €19,753 | -€39,379 | -66.6% |
| Taxes, remuneration and social security | 45 | €1,586 | €35,226 | +€33,640 | +2,121% |
| Taxes | 450/3 | €1,586 | €30,537 | +€28,951 | +1,825% |
| Remuneration and social security | 454/9 | - | €4,689 | +€4,689 | |
| Other amounts payable | 47/48 | €68,909 | €63,333 | -€5,576 | -8.1% |
| Remuneration, social security and pensions | 62 | - | €83,088 | +€83,088 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,066 | - | -€2,066 | |
| Other operating charges | 640/8 | €377 | - | -€377 | |
| Gross operating margin | 9900 | €179,247 | €175,086 | -€4,161 | -2.3% |
| Operating profit (loss) | 9901 | €176,804 | €91,998 | -€84,807 | -48.0% |
| Financial income | 75/76B | - | €3,666 | +€3,666 | |
| Recurring financial income | 75 | - | €3,666 | +€3,666 | |
| Financial charges | 65/66B | €5,431 | €21,003 | +€15,572 | +287% |
| Recurring financial charges | 65 | €5,431 | €21,003 | +€15,572 | +287% |
| Profit (loss) for the period before taxes | 9903 | €171,374 | €74,660 | -€96,713 | -56.4% |
| Income taxes | 67/77 | €15,901 | €13,174 | -€2,727 | -17.2% |
| Profit (loss) for the period | 9904 | €155,472 | €61,486 | -€93,986 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €155,472 | €61,486 | -€93,986 | -60.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.