EPSAOA Consulting: 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.
EPSAOA Consulting
Largest movements
- Tangible fixed assets -€12,406
down €12,406 (-29.7%), from €41,814 to €29,409
- Current investments -€11,982
down €11,982 (-100%), from €11,982 to €0
- Cash -€4,379
down €4,379 (-19.2%), from €22,842 to €18,463
mainly Net result for the year (-€19,248) and Current portion of long-term debt (-€11,751)
- Receivables within one year -€2,710
down €2,710 (-33.3%), from €8,131 to €5,421
of which Trade receivables: -€2,710
- Profit (loss) carried forward -€16,980
new in 2025: -€16,980
- Current portion of long-term debt -€11,751
down €11,751 (-100%), from €11,751 to €0
- Reserves -€2,268
down €2,268 (-4.0%), from €56,744 to €54,476
- Gross operating margin -€56,596
down €56,596, from €51,092 to -€5,504
- Taxes -€10,868
down €10,868 (-98.8%), from €11,001 to €132
- Depreciation +€1,184
up €1,184 (+10.5%), from €11,222 to €12,406
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 | €85,865 | €54,892 | -€30,973 | -36.1% |
| Fixed assets | 21/28 | €41,814 | €29,409 | -€12,406 | -29.7% |
| Tangible fixed assets | 22/27 | €41,814 | €29,409 | -€12,406 | -29.7% |
| Furniture and vehicles | 24 | €41,814 | €29,409 | -€12,406 | -29.7% |
| Current assets | 29/58 | €44,050 | €25,483 | -€18,567 | -42.1% |
| Amounts receivable within one year | 40/41 | €8,131 | €5,421 | -€2,710 | -33.3% |
| Trade receivables | 40 | €8,131 | €5,421 | -€2,710 | -33.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €11,982 | €0 | -€11,982 | -100% |
| Cash at bank and in hand | 54/58 | €22,842 | €18,463 | -€4,379 | -19.2% |
| Deferred charges and accrued income | 490/1 | €1,095 | €1,600 | +€504 | +46.1% |
| Total equity and liabilities | 10/49 | €85,865 | €54,892 | -€30,973 | -36.1% |
| Equity | 10/15 | €69,244 | €49,997 | -€19,248 | -27.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €56,744 | €54,476 | -€2,268 | -4.0% |
| Distributable reserves | 133 | €56,744 | €54,476 | -€2,268 | -4.0% |
| Profit (loss) carried forward | 14 | - | -€16,980 | -€16,980 | |
| Amounts payable | 17/49 | €16,620 | €4,895 | -€11,725 | -70.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,465 | €4,895 | -€11,570 | -70.3% |
| Current portion of amounts payable after more than one year | 42 | €11,751 | €0 | -€11,751 | -100% |
| Trade debts | 44 | €883 | €1,461 | +€578 | +65.4% |
| Suppliers | 440/4 | €883 | €1,461 | +€578 | +65.4% |
| Taxes, remuneration and social security | 45 | €3,742 | €3,396 | -€345 | -9.2% |
| Taxes | 450/3 | €3,742 | €3,396 | -€345 | -9.2% |
| Other amounts payable | 47/48 | €89 | €38 | -€52 | -57.8% |
| Accrued charges and deferred income | 492/3 | €155 | €0 | -€155 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,222 | €12,406 | +€1,184 | +10.5% |
| Other operating charges | 640/8 | €528 | €607 | +€79 | +15.0% |
| Gross operating margin | 9900 | €51,092 | -€5,504 | -€56,596 | |
| Operating profit (loss) | 9901 | €39,342 | -€18,517 | -€57,859 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +550% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +550% |
| Financial charges | 65/66B | €1,007 | €599 | -€408 | -40.5% |
| Recurring financial charges | 65 | €1,007 | €599 | -€408 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €38,336 | -€19,115 | -€57,451 | |
| Income taxes | 67/77 | €11,001 | €132 | -€10,868 | -98.8% |
| Profit (loss) for the period | 9904 | €27,335 | -€19,248 | -€46,582 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,335 | -€19,248 | -€46,582 |
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 23 October 2026 via checked.be.