E.G.D.I.: what changed
E.G.D.I.
Largest movements
- Tangible fixed assets +€39,605
up €39,605 (+770%), from €5,141 to €44,746
of which Furniture and vehicles: +€39,938
- Cash -€8,704
down €8,704 (-85.4%), from €10,191 to €1,486
mainly Investment in fixed assets (net) (-€43,112) and Other debts (-€5,081)
- Receivables within one year -€5,492
down €5,492 (-7.1%), from €77,616 to €72,125
of which Trade receivables: -€15,877
- Deferred charges and accrued income +€3,159
up €3,159 (+272%), from €1,161 to €4,320
- Debts after one year +€27,493
new in 2025: €27,493
- Current portion of long-term debt +€6,458
new in 2025: €6,458
- Other debts -€5,081
down €5,081 (-100%), from €5,081 to €0
- Trade debts +€3,281
up €3,281 (+7.9%), from €41,560 to €44,841
- Tax, wage and social debts -€2,297
down €2,297 (-25.5%), from €9,026 to €6,729
- Gross operating margin +€9,142
up €9,142 (+198%), from €4,623 to €13,766
- Write-downs -€4,714
no longer reported in 2025 (was €4,714)
- Other operating charges +€2,843
up €2,843 (+155%), from €1,835 to €4,677
- Taxes +€2,553
up €2,553 (+159%), from €1,607 to €4,160
- Depreciation +€2,055
up €2,055 (+142%), from €1,452 to €3,507
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,195 | €122,763 | +€28,568 | +30.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €5,217 | €44,822 | +€39,605 | +759% |
| Tangible fixed assets | 22/27 | €5,141 | €44,746 | +€39,605 | +770% |
| Plant, machinery and equipment | 23 | €666 | €333 | -€333 | -50.0% |
| Furniture and vehicles | 24 | €4,475 | €44,413 | +€39,938 | +892% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €88,978 | €77,941 | -€11,037 | -12.4% |
| Amounts receivable within one year | 40/41 | €77,616 | €72,125 | -€5,492 | -7.1% |
| Trade receivables | 40 | €60,268 | €44,391 | -€15,877 | -26.3% |
| Other amounts receivable | 41 | €17,348 | €27,734 | +€10,386 | +59.9% |
| Current investments | 50/53 | €11 | €11 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,191 | €1,486 | -€8,704 | -85.4% |
| Deferred charges and accrued income | 490/1 | €1,161 | €4,320 | +€3,159 | +272% |
| Total equity and liabilities | 10/49 | €94,195 | €122,763 | +€28,568 | +30.3% |
| Equity | 10/15 | €38,527 | €37,242 | -€1,285 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Uncalled capital | 101 | - | €0 | = | |
| Reserves | 13 | €456 | €456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €456 | €456 | = | 0.0% |
| Reserves not available under the articles | 1311 | €456 | €456 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,871 | €30,586 | -€1,285 | -4.0% |
| Amounts payable | 17/49 | €55,668 | €85,521 | +€29,853 | +53.6% |
| Amounts payable after more than one year | 17 | - | €27,493 | +€27,493 | |
| Financial debts | 170/4 | - | €27,493 | +€27,493 | |
| Amounts payable within one year | 42/48 | €55,668 | €58,028 | +€2,360 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,458 | +€6,458 | |
| Trade debts | 44 | €41,560 | €44,841 | +€3,281 | +7.9% |
| Suppliers | 440/4 | €41,560 | €44,841 | +€3,281 | +7.9% |
| Taxes, remuneration and social security | 45 | €9,026 | €6,729 | -€2,297 | -25.5% |
| Taxes | 450/3 | €9,026 | €6,729 | -€2,297 | -25.5% |
| Other amounts payable | 47/48 | €5,081 | €0 | -€5,081 | -100% |
| Remuneration, social security and pensions | 62 | - | €1,413 | +€1,413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,452 | €3,507 | +€2,055 | +142% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,714 | - | -€4,714 | |
| Other operating charges | 640/8 | €1,835 | €4,677 | +€2,843 | +155% |
| Gross operating margin | 9900 | €4,623 | €13,766 | +€9,142 | +198% |
| Operating profit (loss) | 9901 | -€3,376 | €4,168 | +€7,545 | |
| Financial income | 75/76B | €513 | €38 | -€474 | -92.5% |
| Recurring financial income | 75 | €513 | €38 | -€474 | -92.5% |
| Financial charges | 65/66B | €436 | €1,331 | +€895 | +205% |
| Recurring financial charges | 65 | €436 | €1,331 | +€895 | +205% |
| Profit (loss) for the period before taxes | 9903 | -€3,300 | €2,876 | +€6,175 | |
| Income taxes | 67/77 | €1,607 | €4,160 | +€2,553 | +159% |
| Profit (loss) for the period | 9904 | -€4,907 | -€1,285 | +€3,622 | +73.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,907 | -€1,285 | +€3,622 | +73.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.