LES EPINOCHES: 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.
LES EPINOCHES
Largest movements
- Receivables within one year +€2,428
up €2,428 (+3.4%), from €71,690 to €74,118
of which Trade receivables: +€2,486
- Deferred charges and accrued income -€1,125
down €1,125 (-58.5%), from €1,925 to €799
- Profit (loss) carried forward +€14,847
up €14,847 (+48.8%), from -€30,422 to -€15,575
- Trade debts -€10,713
down €10,713 (-24.1%), from €44,406 to €33,693
- Other debts -€5,300
down €5,300 (-15.7%), from €33,847 to €28,547
- Tax, wage and social debts +€1,208
up €1,208 (+71,908%), from €2 to €1,210
- Gross operating margin +€11,255
up €11,255 (+101%), from €11,188 to €22,443
- Taxes +€1,210
new in 2025: €1,210
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,453 | €78,981 | +€528 | +0.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,838 | €4,063 | -€775 | -16.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €4,838 | €4,063 | -€775 | -16.0% |
| Plant, machinery and equipment | 23 | €4,838 | €2,715 | -€2,123 | -43.9% |
| Furniture and vehicles | 24 | €0 | €1,348 | +€1,348 | |
| Current assets | 29/58 | €73,615 | €74,918 | +€1,303 | +1.8% |
| Amounts receivable within one year | 40/41 | €71,690 | €74,118 | +€2,428 | +3.4% |
| Trade receivables | 40 | €22,710 | €25,196 | +€2,486 | +10.9% |
| Other amounts receivable | 41 | €48,980 | €48,922 | -€58 | -0.1% |
| Deferred charges and accrued income | 490/1 | €1,925 | €799 | -€1,125 | -58.5% |
| Total equity and liabilities | 10/49 | €78,453 | €78,981 | +€528 | +0.7% |
| Equity | 10/15 | -€11,339 | €3,508 | +€14,847 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €483 | €483 | = | 0.0% |
| Non-distributable reserves | 130/1 | €483 | €483 | = | 0.0% |
| Reserves not available under the articles | 1311 | €483 | €483 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,422 | -€15,575 | +€14,847 | +48.8% |
| Amounts payable | 17/49 | €89,792 | €75,473 | -€14,319 | -15.9% |
| Amounts payable within one year | 42/48 | €89,792 | €75,473 | -€14,319 | -15.9% |
| Financial debts | 43 | €11,537 | €12,022 | +€485 | +4.2% |
| Credit institutions | 430/8 | €11,537 | €12,022 | +€485 | +4.2% |
| Trade debts | 44 | €44,406 | €33,693 | -€10,713 | -24.1% |
| Suppliers | 440/4 | €44,406 | €33,693 | -€10,713 | -24.1% |
| Taxes, remuneration and social security | 45 | €2 | €1,210 | +€1,208 | +71,908% |
| Taxes | 450/3 | €2 | €1,210 | +€1,208 | +71,908% |
| Other amounts payable | 47/48 | €33,847 | €28,547 | -€5,300 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,432 | €2,275 | -€156 | -6.4% |
| Other operating charges | 640/8 | €2,960 | €2,838 | -€121 | -4.1% |
| Gross operating margin | 9900 | €11,188 | €22,443 | +€11,255 | +101% |
| Operating profit (loss) | 9901 | €5,797 | €17,329 | +€11,532 | +199% |
| Financial charges | 65/66B | €1,493 | €1,273 | -€220 | -14.7% |
| Recurring financial charges | 65 | €1,493 | €1,273 | -€220 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €4,304 | €16,057 | +€11,752 | +273% |
| Income taxes | 67/77 | - | €1,210 | +€1,210 | |
| Profit (loss) for the period | 9904 | €4,304 | €14,847 | +€10,542 | +245% |
| Profit (loss) for the period to be appropriated | 9905 | €4,304 | €14,847 | +€10,542 | +245% |
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 31 October 2026 via checked.be.