Make It Epic: 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.
Make It Epic
Largest movements
- Cash -€15,918
down €15,918 (-84.3%), from €18,891 to €2,973
mainly Net result for the year (-€14,835) and Tax, wage and social debts (-€5,264)
- Deferred charges and accrued income -€4,890
down €4,890 (-100.0%), from €4,890 to €0
- Receivables after one year -€3,673
down €3,673 (-12.1%), from €30,450 to €26,777
- Receivables within one year -€1,499
down €1,499 (-21.2%), from €7,055 to €5,557
of which Other amounts receivable: -€898
- Profit (loss) carried forward -€14,835
down €14,835, from €13,561 to -€1,274
- Tax, wage and social debts -€5,264
down €5,264 (-59.3%), from €8,881 to €3,617
of which Remuneration and social security: -€3,850
- Other debts -€4,789
down €4,789 (-67.9%), from €7,055 to €2,266
- Trade debts -€1,092
down €1,092 (-20.2%), from €5,418 to €4,325
- Gross operating margin +€11,400
up €11,400 (+46.6%), from -€24,440 to -€13,039
- Financial charges +€1,106
up €1,106 (+491.6%), from €225 to €1,331
- Other operating charges +€312
up €312 (+51.8%), from €603 to €914
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 | €61,286 | €35,306 | -€25,980 | -42.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €61,286 | €35,306 | -€25,980 | -42.4% |
| Amounts receivable after more than one year | 29 | €30,450 | €26,777 | -€3,673 | -12.1% |
| Other amounts receivable | 291 | €30,450 | €26,777 | -€3,673 | -12.1% |
| Amounts receivable within one year | 40/41 | €7,055 | €5,557 | -€1,499 | -21.2% |
| Trade receivables | 40 | €6,157 | €5,557 | -€600 | -9.8% |
| Other amounts receivable | 41 | €898 | €0 | -€898 | -100.0% |
| Cash at bank and in hand | 54/58 | €18,891 | €2,973 | -€15,918 | -84.3% |
| Deferred charges and accrued income | 490/1 | €4,890 | €0 | -€4,890 | -100.0% |
| Total equity and liabilities | 10/49 | €61,286 | €35,306 | -€25,980 | -42.4% |
| Equity | 10/15 | €39,933 | €25,098 | -€14,835 | -37.1% |
| Reserves | 13 | €26,372 | €26,372 | = | 0.0% |
| Distributable reserves | 133 | €26,372 | €26,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,561 | -€1,274 | -€14,835 | |
| Amounts payable | 17/49 | €21,353 | €10,208 | -€11,146 | -52.2% |
| Amounts payable within one year | 42/48 | €21,353 | €10,208 | -€11,146 | -52.2% |
| Trade debts | 44 | €5,418 | €4,325 | -€1,092 | -20.2% |
| Suppliers | 440/4 | €5,418 | €4,325 | -€1,092 | -20.2% |
| Taxes, remuneration and social security | 45 | €8,881 | €3,617 | -€5,264 | -59.3% |
| Taxes | 450/3 | €5,031 | €3,617 | -€1,414 | -28.1% |
| Remuneration and social security | 454/9 | €3,850 | €0 | -€3,850 | -100.0% |
| Other amounts payable | 47/48 | €7,055 | €2,266 | -€4,789 | -67.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18 | - | -€18 | |
| Other operating charges | 640/8 | €603 | €914 | +€312 | +51.8% |
| Gross operating margin | 9900 | -€24,440 | -€13,039 | +€11,400 | +46.6% |
| Operating profit (loss) | 9901 | -€25,060 | -€13,954 | +€11,106 | +44.3% |
| Financial income | 75/76B | €451 | €450 | -€0 | -0.1% |
| Recurring financial income | 75 | €451 | €450 | -€0 | -0.1% |
| Financial charges | 65/66B | €225 | €1,331 | +€1,106 | +491.6% |
| Recurring financial charges | 65 | €225 | €1,331 | +€1,106 | +491.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,834 | -€14,835 | +€9,999 | +40.3% |
| Profit (loss) for the period | 9904 | -€24,834 | -€14,835 | +€9,999 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,834 | -€14,835 | +€9,999 | +40.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.