EPSYLON: 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.
EPSYLON
Largest movements
- Receivables within one year +€8,731
up €8,731 (+14.6%), from €60,000 to €68,731
of which Other amounts receivable: +€5,645
- Deferred charges and accrued income +€7,524
up €7,524 (+500%), from €1,504 to €9,028
- Tax, wage and social debts +€9,959
up €9,959 (+262%), from €3,804 to €13,763
- Short-term financial debts +€4,997
new in 2025: €4,997
- Trade debts +€4,449
up €4,449 (+18.5%), from €23,995 to €28,444
- Current portion of long-term debt -€3,450
no longer reported in 2025 (was €3,450)
- Gross operating margin -€5,936
down €5,936 (-33.9%), from €17,518 to €11,583
- Taxes +€864
up €864 (+11.1%), from €7,811 to €8,675
- Financial charges -€495
down €495 (-45.1%), from €1,098 to €603
- Depreciation -€344
down €344 (-21.1%), from €1,632 to €1,288
- Other operating charges -€300
down €300 (-24.4%), from €1,229 to €929
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 | €70,822 | €85,966 | +€15,144 | +21.4% |
| Fixed assets | 21/28 | €8,879 | €8,207 | -€673 | -7.6% |
| Tangible fixed assets | 22/27 | €8,879 | €8,207 | -€673 | -7.6% |
| Furniture and vehicles | 24 | - | €546 | +€546 | |
| Other tangible fixed assets | 26 | €8,879 | €7,661 | -€1,218 | -13.7% |
| Current assets | 29/58 | €61,942 | €77,759 | +€15,817 | +25.5% |
| Amounts receivable within one year | 40/41 | €60,000 | €68,731 | +€8,731 | +14.6% |
| Trade receivables | 40 | - | €3,086 | +€3,086 | |
| Other amounts receivable | 41 | €60,000 | €65,645 | +€5,645 | +9.4% |
| Cash at bank and in hand | 54/58 | €438 | - | -€438 | |
| Deferred charges and accrued income | 490/1 | €1,504 | €9,028 | +€7,524 | +500% |
| Total equity and liabilities | 10/49 | €70,822 | €85,966 | +€15,144 | +21.4% |
| Equity | 10/15 | €27,509 | €27,597 | +€88 | +0.3% |
| Contributions | 10/11 | €21,071 | €21,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,438 | €6,526 | +€88 | +1.4% |
| Amounts payable | 17/49 | €43,312 | €58,369 | +€15,057 | +34.8% |
| Amounts payable within one year | 42/48 | €43,268 | €58,324 | +€15,056 | +34.8% |
| Current portion of amounts payable after more than one year | 42 | €3,450 | - | -€3,450 | |
| Financial debts | 43 | - | €4,997 | +€4,997 | |
| Credit institutions | 430/8 | - | €4,997 | +€4,997 | |
| Trade debts | 44 | €23,995 | €28,444 | +€4,449 | +18.5% |
| Suppliers | 440/4 | €23,995 | €28,444 | +€4,449 | +18.5% |
| Advances received on contracts in progress | 46 | €530 | - | -€530 | |
| Taxes, remuneration and social security | 45 | €3,804 | €13,763 | +€9,959 | +262% |
| Taxes | 450/3 | €3,804 | €13,763 | +€9,959 | +262% |
| Other amounts payable | 47/48 | €11,489 | €11,121 | -€368 | -3.2% |
| Accrued charges and deferred income | 492/3 | €44 | €45 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,632 | €1,288 | -€344 | -21.1% |
| Other operating charges | 640/8 | €1,229 | €929 | -€300 | -24.4% |
| Gross operating margin | 9900 | €17,518 | €11,583 | -€5,936 | -33.9% |
| Operating profit (loss) | 9901 | €14,657 | €9,365 | -€5,292 | -36.1% |
| Financial charges | 65/66B | €1,098 | €603 | -€495 | -45.1% |
| Recurring financial charges | 65 | €1,098 | €603 | -€495 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €13,559 | €8,763 | -€4,796 | -35.4% |
| Income taxes | 67/77 | €7,811 | €8,675 | +€864 | +11.1% |
| Profit (loss) for the period | 9904 | €5,748 | €88 | -€5,661 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,748 | €88 | -€5,661 | -98.5% |
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.