EPX: 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.
EPX
Largest movements
- Cash +€2,037
up €2,037 (+1,464%), from €139 to €2,176
mainly Accrued charges and deferred income (+€1.4m) and Provisions (+€6,601)
- Accrued charges and deferred income +€1.4m
new in 2025: €1.4m
- Debts after one year -€1.2m
down €1.2m (-9.4%), from €12.4m to €11.3m
- Profit (loss) carried forward -€252,985
down €252,985 (-1.4%), from -€17.9m to -€18.2m
- Trade debts -€7,219
down €7,219 (-88.2%), from €8,186 to €968
- Provisions +€6,601
new in 2025: €6,601
- Financial charges -€9.7m
down €9.7m (-97.6%), from €9.9m to €239,912
of which Non-recurring financial charges: -€9.4m
- Financial income -€9.4m
no longer reported in 2025 (was €9.4m)
of which Financial income: -€9.4m
- Provisions +€6,601
new in 2025: €6,601
- Purchases and services -€6,507
no longer reported in 2025 (was €6,507)
- Other operating charges -€566
down €566 (-52.1%), from €1,086 to €520
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 | €139 | €2,176 | +€2,037 | +1,464% |
| Current assets | 29/58 | €139 | €2,176 | +€2,037 | +1,464% |
| Cash at bank and in hand | 54/58 | €139 | €2,176 | +€2,037 | +1,464% |
| Total equity and liabilities | 10/49 | €139 | €2,176 | +€2,037 | +1,464% |
| Equity | 10/15 | -€12,449,454 | -€12,702,439 | -€252,985 | -2.0% |
| Contributions | 10/11 | €5,500,000 | €5,500,000 | = | 0.0% |
| Capital | 10 | €5,500,000 | €5,500,000 | = | 0.0% |
| Issued capital | 100 | €5,500,000 | €5,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,949,454 | -€18,202,439 | -€252,985 | -1.4% |
| Provisions and deferred taxes | 16 | - | €6,601 | +€6,601 | |
| Provisions for liabilities and charges | 160/5 | - | €6,601 | +€6,601 | |
| Other liabilities and charges | 164/5 | - | €6,601 | +€6,601 | |
| Amounts payable | 17/49 | €12,449,593 | €12,698,014 | +€248,420 | +2.0% |
| Amounts payable after more than one year | 17 | €12,441,407 | €11,267,801 | -€1.2m | -9.4% |
| Financial debts | 170/4 | €12,441,407 | €11,267,801 | -€1.2m | -9.4% |
| Amounts payable within one year | 42/48 | €8,186 | €968 | -€7,219 | -88.2% |
| Trade debts | 44 | €8,186 | €968 | -€7,219 | -88.2% |
| Suppliers | 440/4 | €8,186 | €968 | -€7,219 | -88.2% |
| Accrued charges and deferred income | 492/3 | - | €1,429,245 | +€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,507 | - | -€6,507 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,601 | +€6,601 | |
| Other operating charges | 640/8 | €1,086 | €520 | -€566 | -52.1% |
| Gross operating margin | 9900 | -€6,507 | -€5,952 | +€555 | +8.5% |
| Operating profit (loss) | 9901 | -€7,593 | -€13,073 | -€5,480 | -72.2% |
| Financial income | 75/76B | €9,378,065 | - | -€9.4m | |
| Recurring financial income | 75 | €9,378,065 | - | -€9.4m | |
| Non-recurring financial income | 76B | €9,378,065 | - | -€9.4m | |
| Financial charges | 65/66B | €9,905,741 | €239,912 | -€9.7m | -97.6% |
| Recurring financial charges | 65 | €527,676 | €239,912 | -€287,764 | -54.5% |
| Non-recurring financial charges | 66B | €9,378,065 | - | -€9.4m | |
| Profit (loss) for the period before taxes | 9903 | -€535,269 | -€252,985 | +€282,284 | +52.7% |
| Profit (loss) for the period | 9904 | -€535,269 | -€252,985 | +€282,284 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€535,269 | -€252,985 | +€282,284 | +52.7% |
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 18 October 2026 via checked.be.