Epseconsult: 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.
Epseconsult
Largest movements
- Current investments +€81,508
up €81,508 (+109.8%), from €74,249 to €155,757
- Receivables after one year +€25,275
up €25,275 (+25.7%), from €98,320 to €123,595
- Receivables within one year +€12,554
new in 2025: €12,554
- Reserves +€49,913
up €49,913 (+28.9%), from €172,817 to €222,730
- Other debts +€33,073
up €33,073 (+44.2%), from €74,799 to €107,872
- Accrued charges and deferred income +€25,275
up €25,275 (+25.7%), from €98,320 to €123,595
- Tax, wage and social debts +€11,734
up €11,734 (+42.5%), from €27,584 to €39,318
- Financial charges +€26,200
up €26,200 (+29.9%), from €87,667 to €113,868
- Gross operating margin +€19,653
up €19,653 (+13.4%), from €146,710 to €166,362
- Financial income +€6,108
up €6,108 (+104.7%), from €5,832 to €11,941
of which Non-recurring financial income: +€4,435
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 | €376,521 | €497,312 | +€120,791 | +32.1% |
| Fixed assets | 21/28 | €573 | €4,054 | +€3,481 | +607.6% |
| Tangible fixed assets | 22/27 | €573 | €4,054 | +€3,481 | +607.6% |
| Land and buildings | 22 | €573 | €356 | -€216 | -37.8% |
| Furniture and vehicles | 24 | - | €3,698 | +€3,698 | |
| Current assets | 29/58 | €375,948 | €493,258 | +€117,310 | +31.2% |
| Amounts receivable after more than one year | 29 | €98,320 | €123,595 | +€25,275 | +25.7% |
| Other amounts receivable | 291 | €98,320 | €123,595 | +€25,275 | +25.7% |
| Amounts receivable within one year | 40/41 | - | €12,554 | +€12,554 | |
| Trade receivables | 40 | - | €12,554 | +€12,554 | |
| Current investments | 50/53 | €74,249 | €155,757 | +€81,508 | +109.8% |
| Cash at bank and in hand | 54/58 | €203,379 | €201,352 | -€2,027 | -1.0% |
| Total equity and liabilities | 10/49 | €376,521 | €497,312 | +€120,791 | +32.1% |
| Equity | 10/15 | €175,817 | €225,730 | +€49,913 | +28.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €172,817 | €222,730 | +€49,913 | +28.9% |
| Distributable reserves | 133 | €172,817 | €222,730 | +€49,913 | +28.9% |
| Amounts payable | 17/49 | €200,704 | €271,582 | +€70,878 | +35.3% |
| Amounts payable within one year | 42/48 | €102,383 | €147,987 | +€45,603 | +44.5% |
| Trade debts | 44 | - | €797 | +€797 | |
| Suppliers | 440/4 | - | €797 | +€797 | |
| Taxes, remuneration and social security | 45 | €27,584 | €39,318 | +€11,734 | +42.5% |
| Taxes | 450/3 | €27,584 | €39,318 | +€11,734 | +42.5% |
| Other amounts payable | 47/48 | €74,799 | €107,872 | +€33,073 | +44.2% |
| Accrued charges and deferred income | 492/3 | €98,320 | €123,595 | +€25,275 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €227 | +€10 | +4.7% |
| Other operating charges | 640/8 | €194 | €125 | -€69 | -35.4% |
| Gross operating margin | 9900 | €146,710 | €166,362 | +€19,653 | +13.4% |
| Operating profit (loss) | 9901 | €146,299 | €166,010 | +€19,711 | +13.5% |
| Financial income | 75/76B | €5,832 | €11,941 | +€6,108 | +104.7% |
| Recurring financial income | 75 | €5,602 | €7,275 | +€1,673 | +29.9% |
| Non-recurring financial income | 76B | €230 | €4,665 | +€4,435 | +1924.9% |
| Financial charges | 65/66B | €87,667 | €113,868 | +€26,200 | +29.9% |
| Recurring financial charges | 65 | €87,667 | €113,868 | +€26,200 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €64,464 | €64,083 | -€381 | -0.6% |
| Income taxes | 67/77 | €14,129 | €14,170 | +€41 | +0.3% |
| Profit (loss) for the period | 9904 | €50,335 | €49,913 | -€422 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,335 | €49,913 | -€422 | -0.8% |
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 8 October 2026 via checked.be.