EPS Belgium: 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.
EPS Belgium
Largest movements
- Receivables within one year -€58,259
down €58,259 (-84.7%), from €68,759 to €10,501
of which Trade receivables: -€49,946
- Cash -€2,230
down €2,230 (-75.6%), from €2,948 to €719
mainly Net result for the year (-€29,119) and Trade debts (-€22,101)
- Profit (loss) carried forward -€29,119
down €29,119, from €25,799 to -€3,320
- Trade debts -€22,101
down €22,101 (-67.5%), from €32,733 to €10,631
- Tax, wage and social debts -€9,421
down €9,421 (-100%), from €9,421 to €0
- Gross operating margin -€96,391
down €96,391, from €67,813 to -€28,578
- Taxes -€9,421
down €9,421 (-100%), from €9,421 to €0
- Other operating charges -€1,343
down €1,343 (-81.7%), from €1,643 to €300
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 | €73,462 | €12,311 | -€61,151 | -83.2% |
| Fixed assets | 21/28 | €1,754 | €1,092 | -€662 | -37.7% |
| Tangible fixed assets | 22/27 | €1,754 | €1,092 | -€662 | -37.7% |
| Furniture and vehicles | 24 | €1,754 | €1,092 | -€662 | -37.7% |
| Current assets | 29/58 | €71,707 | €11,219 | -€60,488 | -84.4% |
| Amounts receivable within one year | 40/41 | €68,759 | €10,501 | -€58,259 | -84.7% |
| Trade receivables | 40 | €49,946 | €0 | -€49,946 | -100% |
| Other amounts receivable | 41 | €18,814 | €10,501 | -€8,313 | -44.2% |
| Cash at bank and in hand | 54/58 | €2,948 | €719 | -€2,230 | -75.6% |
| Total equity and liabilities | 10/49 | €73,462 | €12,311 | -€61,151 | -83.2% |
| Equity | 10/15 | €30,799 | €1,680 | -€29,119 | -94.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,799 | -€3,320 | -€29,119 | |
| Amounts payable | 17/49 | €42,663 | €10,631 | -€32,032 | -75.1% |
| Amounts payable within one year | 42/48 | €42,154 | €10,631 | -€31,523 | -74.8% |
| Trade debts | 44 | €32,733 | €10,631 | -€22,101 | -67.5% |
| Suppliers | 440/4 | €32,733 | €10,631 | -€22,101 | -67.5% |
| Taxes, remuneration and social security | 45 | €9,421 | €0 | -€9,421 | -100% |
| Taxes | 450/3 | €9,421 | €0 | -€9,421 | -100% |
| Accrued charges and deferred income | 492/3 | €509 | €0 | -€509 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232 | €662 | +€430 | +185% |
| Other operating charges | 640/8 | €1,643 | €300 | -€1,343 | -81.7% |
| Gross operating margin | 9900 | €67,813 | -€28,578 | -€96,391 | |
| Operating profit (loss) | 9901 | €65,938 | -€29,540 | -€95,478 | |
| Financial income | 75/76B | €515 | €509 | -€7 | -1.3% |
| Recurring financial income | 75 | €515 | €509 | -€7 | -1.3% |
| Financial charges | 65/66B | €64 | €87 | +€23 | +36.5% |
| Recurring financial charges | 65 | €64 | €87 | +€23 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €66,389 | -€29,119 | -€95,508 | |
| Income taxes | 67/77 | €9,421 | €0 | -€9,421 | -100% |
| Profit (loss) for the period | 9904 | €56,968 | -€29,119 | -€86,087 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,968 | -€29,119 | -€86,087 |
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.