DR EGÜZ: 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.
DR EGÜZ
Largest movements
- Deferred charges and accrued income +€45,985
up €45,985 (+51.4%), from €89,432 to €135,417
- Tangible fixed assets -€18,220
down €18,220 (-25.2%), from €72,181 to €53,961
of which Furniture and vehicles: -€17,690
- Cash +€8,346
up €8,346 (+5.7%), from €147,233 to €155,579
mainly Net result for the year (+€199,957) and Debts after one year (+€37,893)
- Profit (loss) carried forward +€60,421
up €60,421 (+39,926%), from €151 to €60,572
- Trade debts -€60,279
down €60,279 (-97.4%), from €61,896 to €1,618
- Debts after one year +€37,893
new in 2025: €37,893
- Tax, wage and social debts -€35,582
down €35,582 (-78.2%), from €45,505 to €9,922
of which Taxes: -€35,582
- Current portion of long-term debt +€23,348
up €23,348, from €0 to €23,348
- Gross operating margin +€23,029
up €23,029 (+8.9%), from €257,632 to €280,661
- Taxes +€3,368
up €3,368 (+5.7%), from €59,155 to €62,522
- Depreciation +€3,125
up €3,125 (+28.6%), from €10,924 to €14,049
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 | €308,846 | €346,210 | +€37,364 | +12.1% |
| Fixed assets | 21/28 | €72,181 | €53,961 | -€18,220 | -25.2% |
| Tangible fixed assets | 22/27 | €72,181 | €53,961 | -€18,220 | -25.2% |
| Furniture and vehicles | 24 | €67,590 | €49,900 | -€17,690 | -26.2% |
| Other tangible fixed assets | 26 | €4,591 | €4,061 | -€530 | -11.5% |
| Current assets | 29/58 | €236,665 | €292,249 | +€55,584 | +23.5% |
| Amounts receivable within one year | 40/41 | €0 | €1,253 | +€1,253 | |
| Trade receivables | 40 | €0 | €1,253 | +€1,253 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €147,233 | €155,579 | +€8,346 | +5.7% |
| Deferred charges and accrued income | 490/1 | €89,432 | €135,417 | +€45,985 | +51.4% |
| Total equity and liabilities | 10/49 | €308,846 | €346,210 | +€37,364 | +12.1% |
| Equity | 10/15 | €94,151 | €154,572 | +€60,421 | +64.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €90,000 | €90,000 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151 | €60,572 | +€60,421 | +39,926% |
| Amounts payable | 17/49 | €214,695 | €191,638 | -€23,057 | -10.7% |
| Amounts payable after more than one year | 17 | - | €37,893 | +€37,893 | |
| Financial debts | 170/4 | - | €37,893 | +€37,893 | |
| Amounts payable within one year | 42/48 | €214,390 | €153,440 | -€60,950 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €23,348 | +€23,348 | |
| Trade debts | 44 | €61,896 | €1,618 | -€60,279 | -97.4% |
| Suppliers | 440/4 | €61,896 | €1,618 | -€60,279 | -97.4% |
| Taxes, remuneration and social security | 45 | €45,505 | €9,922 | -€35,582 | -78.2% |
| Taxes | 450/3 | €43,105 | €7,522 | -€35,582 | -82.5% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €106,989 | €118,552 | +€11,563 | +10.8% |
| Accrued charges and deferred income | 492/3 | €305 | €305 | = | 0.0% |
| Non-recurring operating income | 76A | - | €10,829 | +€10,829 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,924 | €14,049 | +€3,125 | +28.6% |
| Other operating charges | 640/8 | €1,209 | €1,768 | +€560 | +46.3% |
| Gross operating margin | 9900 | €257,632 | €280,661 | +€23,029 | +8.9% |
| Operating profit (loss) | 9901 | €245,500 | €264,843 | +€19,344 | +7.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +3,200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3,200% |
| Financial charges | 65/66B | €567 | €2,364 | +€1,797 | +317% |
| Recurring financial charges | 65 | €567 | €2,364 | +€1,797 | +317% |
| Profit (loss) for the period before taxes | 9903 | €244,933 | €262,480 | +€17,547 | +7.2% |
| Income taxes | 67/77 | €59,155 | €62,522 | +€3,368 | +5.7% |
| Profit (loss) for the period | 9904 | €185,778 | €199,957 | +€14,179 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €185,778 | €199,957 | +€14,179 | +7.6% |
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 13 October 2026 via checked.be.