E.G.U.: 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.
E.G.U.
Largest movements
- Tangible fixed assets +€35,494
up €35,494 (+327.0%), from €10,854 to €46,348
- Cash -€14,731
down €14,731 (-62.5%), from €23,566 to €8,834
mainly Investment in fixed assets (net) (-€43,965) and Receivables within one year (-€6,408)
- Receivables within one year +€6,408
up €6,408 (+14.5%), from €44,225 to €50,632
of which Trade receivables: +€11,456
- Debts after one year +€14,496
new in 2024: €14,496
- Tax, wage and social debts +€6,701
up €6,701 (+54.2%), from €12,366 to €19,067
of which Taxes: +€4,854
- Trade debts +€5,597
up €5,597 (+23.9%), from €23,447 to €29,044
- Advances received -€5,205
down €5,205 (-8.8%), from €59,167 to €53,963
- Current portion of long-term debt +€3,713
new in 2024: €3,713
- Gross operating margin +€60,443
up €60,443 (+75.8%), from €79,696 to €140,138
- Purchases and services -€41,842
down €41,842 (-21.5%), from €194,733 to €152,891
- Staff costs +€20,062
up €20,062 (+19.3%), from €104,011 to €124,074
- Turnover +€18,600
up €18,600 (+6.8%), from €274,429 to €293,030
- Depreciation +€4,907
up €4,907 (+137.6%), from €3,565 to €8,471
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,645 | €110,814 | +€27,170 | +32.5% |
| Fixed assets | 21/28 | €15,854 | €51,348 | +€35,494 | +223.9% |
| Tangible fixed assets | 22/27 | €10,854 | €46,348 | +€35,494 | +327.0% |
| Furniture and vehicles | 24 | €10,854 | €46,348 | +€35,494 | +327.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €67,790 | €59,467 | -€8,324 | -12.3% |
| Amounts receivable within one year | 40/41 | €44,225 | €50,632 | +€6,408 | +14.5% |
| Trade receivables | 40 | €23,938 | €35,395 | +€11,456 | +47.9% |
| Other amounts receivable | 41 | €20,287 | €15,238 | -€5,049 | -24.9% |
| Cash at bank and in hand | 54/58 | €23,566 | €8,834 | -€14,731 | -62.5% |
| Total equity and liabilities | 10/49 | €83,645 | €110,814 | +€27,170 | +32.5% |
| Equity | 10/15 | -€11,336 | -€9,468 | +€1,867 | +16.5% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Contributions outside capital | 11 | €13,000 | €13,000 | = | 0.0% |
| Share premium | 1100/10 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,336 | -€22,468 | +€1,867 | +7.7% |
| Amounts payable | 17/49 | €94,980 | €120,283 | +€25,303 | +26.6% |
| Amounts payable after more than one year | 17 | - | €14,496 | +€14,496 | |
| Financial debts | 170/4 | - | €14,496 | +€14,496 | |
| Amounts payable within one year | 42/48 | €94,980 | €105,787 | +€10,807 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,713 | +€3,713 | |
| Trade debts | 44 | €23,447 | €29,044 | +€5,597 | +23.9% |
| Suppliers | 440/4 | €23,447 | €29,044 | +€5,597 | +23.9% |
| Advances received on contracts in progress | 46 | €59,167 | €53,963 | -€5,205 | -8.8% |
| Taxes, remuneration and social security | 45 | €12,366 | €19,067 | +€6,701 | +54.2% |
| Taxes | 450/3 | €5,083 | €9,937 | +€4,854 | +95.5% |
| Remuneration and social security | 454/9 | €7,283 | €9,130 | +€1,847 | +25.4% |
| Turnover | 70 | €274,429 | €293,030 | +€18,600 | +6.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €194,733 | €152,891 | -€41,842 | -21.5% |
| Remuneration, social security and pensions | 62 | €104,011 | €124,074 | +€20,062 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,565 | €8,471 | +€4,907 | +137.6% |
| Other operating charges | 640/8 | €1,568 | €4,275 | +€2,707 | +172.6% |
| Gross operating margin | 9900 | €79,696 | €140,138 | +€60,443 | +75.8% |
| Operating profit (loss) | 9901 | -€29,449 | €3,318 | +€32,767 | |
| Financial income | 75/76B | €5,853 | €1,326 | -€4,527 | -77.3% |
| Recurring financial income | 75 | €5,852 | €1,323 | -€4,530 | -77.4% |
| Non-recurring financial income | 76B | €1 | €4 | +€3 | +252.8% |
| Financial charges | 65/66B | €1,295 | €2,777 | +€1,482 | +114.4% |
| Recurring financial charges | 65 | €564 | €1,215 | +€652 | +115.6% |
| Non-recurring financial charges | 66B | €732 | €1,562 | +€830 | +113.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,891 | €1,867 | +€26,758 | |
| Income taxes | 67/77 | €645 | - | -€645 | |
| Profit (loss) for the period | 9904 | -€25,536 | €1,867 | +€27,404 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,536 | €1,867 | +€27,404 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.