L'EPEE GOURMANDE: 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.
L'EPEE GOURMANDE
Largest movements
- Cash +€14,343
up €14,343 (+12.7%), from €112,510 to €126,854
mainly Other debts (+€6,704) and Depreciation (+€6,702)
- Financial fixed assets -€4,500
no longer reported in 2025 (was €4,500)
- Receivables within one year -€3,907
down €3,907 (-57.7%), from €6,770 to €2,862
of which Other amounts receivable: -€2,496
- Other debts +€6,704
up €6,704 (+98.5%), from €6,806 to €13,509
- Tax, wage and social debts -€4,255
down €4,255 (-20.7%), from €20,530 to €16,276
of which Taxes: -€6,767
- Profit (loss) carried forward +€1,539
up €1,539 (+15.4%), from -€10,011 to -€8,472
- Gross operating margin -€15,299
down €15,299 (-37.0%), from €41,401 to €26,102
- Staff costs -€7,881
down €7,881 (-75.0%), from €10,508 to €2,627
- Financial charges +€3,805
up €3,805 (+47.2%), from €8,070 to €11,875
- Other operating charges -€3,111
down €3,111 (-51.0%), from €6,101 to €2,990
- Depreciation -€1,491
down €1,491 (-18.2%), from €8,193 to €6,702
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 | €145,256 | €149,185 | +€3,930 | +2.7% |
| Fixed assets | 21/28 | €18,241 | €13,237 | -€5,004 | -27.4% |
| Tangible fixed assets | 22/27 | €13,741 | €13,237 | -€504 | -3.7% |
| Plant, machinery and equipment | 23 | €8,062 | €5,462 | -€2,600 | -32.2% |
| Furniture and vehicles | 24 | €5,679 | €7,775 | +€2,096 | +36.9% |
| Financial fixed assets | 28 | €4,500 | - | -€4,500 | |
| Current assets | 29/58 | €127,015 | €135,948 | +€8,933 | +7.0% |
| Stocks and contracts in progress | 3 | €4,517 | €4,450 | -€67 | -1.5% |
| Stocks | 30/36 | €4,517 | €4,450 | -€67 | -1.5% |
| Amounts receivable within one year | 40/41 | €6,770 | €2,862 | -€3,907 | -57.7% |
| Trade receivables | 40 | €1,566 | €155 | -€1,411 | -90.1% |
| Other amounts receivable | 41 | €5,204 | €2,707 | -€2,496 | -48.0% |
| Cash at bank and in hand | 54/58 | €112,510 | €126,854 | +€14,343 | +12.7% |
| Deferred charges and accrued income | 490/1 | €3,218 | €1,782 | -€1,436 | -44.6% |
| Total equity and liabilities | 10/49 | €145,256 | €149,185 | +€3,930 | +2.7% |
| Equity | 10/15 | €100,202 | €101,740 | +€1,539 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,613 | €91,613 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,800 | €19,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,800 | €19,800 | = | 0.0% |
| Distributable reserves | 133 | €71,813 | €71,813 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,011 | -€8,472 | +€1,539 | +15.4% |
| Amounts payable | 17/49 | €45,054 | €47,445 | +€2,391 | +5.3% |
| Amounts payable within one year | 42/48 | €45,054 | €47,445 | +€2,391 | +5.3% |
| Trade debts | 44 | €17,718 | €17,660 | -€58 | -0.3% |
| Suppliers | 440/4 | €17,718 | €17,660 | -€58 | -0.3% |
| Taxes, remuneration and social security | 45 | €20,530 | €16,276 | -€4,255 | -20.7% |
| Taxes | 450/3 | €16,020 | €9,253 | -€6,767 | -42.2% |
| Remuneration and social security | 454/9 | €4,510 | €7,022 | +€2,512 | +55.7% |
| Other amounts payable | 47/48 | €6,806 | €13,509 | +€6,704 | +98.5% |
| Remuneration, social security and pensions | 62 | €10,508 | €2,627 | -€7,881 | -75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,193 | €6,702 | -€1,491 | -18.2% |
| Other operating charges | 640/8 | €6,101 | €2,990 | -€3,111 | -51.0% |
| Gross operating margin | 9900 | €41,401 | €26,102 | -€15,299 | -37.0% |
| Operating profit (loss) | 9901 | €16,599 | €13,783 | -€2,816 | -17.0% |
| Financial income | 75/76B | €56 | €3 | -€54 | -95.5% |
| Recurring financial income | 75 | €56 | €3 | -€54 | -95.5% |
| Financial charges | 65/66B | €8,070 | €11,875 | +€3,805 | +47.2% |
| Recurring financial charges | 65 | €8,070 | €11,875 | +€3,805 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | €8,585 | €1,910 | -€6,675 | -77.8% |
| Income taxes | 67/77 | €1,164 | €372 | -€793 | -68.1% |
| Profit (loss) for the period | 9904 | €7,421 | €1,539 | -€5,882 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,421 | €1,539 | -€5,882 | -79.3% |
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 14 October 2026 via checked.be.