E-GEST: 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-GEST
Largest movements
- Cash +€217,882
up €217,882 (+65.7%), from €331,499 to €549,381
mainly Net result for the year (+€531,434) and Tax, wage and social debts (+€64,983)
- Deferred charges and accrued income -€39,988
down €39,988 (-100%), from €39,988 to €0
- Profit (loss) carried forward +€531,434
up €531,434 (+89.1%), from €596,318 to €1.1m
- Debts after one year -€398,406
down €398,406 (-18.7%), from €2.1m to €1.7m
- Tax, wage and social debts +€64,983
up €64,983 (+37.6%), from €172,909 to €237,891
- Gross operating margin -€85,467
down €85,467 (-13.5%), from €630,859 to €545,393
- Financial charges -€24,745
down €24,745 (-19.5%), from €127,182 to €102,437
- Financial income -€19,056
down €19,056 (-8.7%), from €219,056 to €200,000
- Taxes -€14,894
down €14,894 (-11.8%), from €126,415 to €111,521
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 | €3,574,040 | €3,747,574 | +€173,535 | +4.9% |
| Fixed assets | 21/28 | €3,050,000 | €3,050,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,050,000 | €3,050,000 | = | 0.0% |
| Current assets | 29/58 | €524,040 | €697,574 | +€173,535 | +33.1% |
| Amounts receivable within one year | 40/41 | €152,553 | €148,193 | -€4,360 | -2.9% |
| Trade receivables | 40 | €152,553 | €148,193 | -€4,360 | -2.9% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €331,499 | €549,381 | +€217,882 | +65.7% |
| Deferred charges and accrued income | 490/1 | €39,988 | €0 | -€39,988 | -100% |
| Total equity and liabilities | 10/49 | €3,574,040 | €3,747,574 | +€173,535 | +4.9% |
| Equity | 10/15 | €746,318 | €1,277,752 | +€531,434 | +71.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €596,318 | €1,127,752 | +€531,434 | +89.1% |
| Amounts payable | 17/49 | €2,827,722 | €2,469,822 | -€357,900 | -12.7% |
| Amounts payable after more than one year | 17 | €2,126,604 | €1,728,199 | -€398,406 | -18.7% |
| Financial debts | 170/4 | €2,126,604 | €1,728,199 | -€398,406 | -18.7% |
| Amounts payable within one year | 42/48 | €665,652 | €737,690 | +€72,038 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €402,307 | €416,263 | +€13,956 | +3.5% |
| Trade debts | 44 | €90,436 | €83,535 | -€6,901 | -7.6% |
| Suppliers | 440/4 | €90,436 | €83,535 | -€6,901 | -7.6% |
| Taxes, remuneration and social security | 45 | €172,909 | €237,891 | +€64,983 | +37.6% |
| Taxes | 450/3 | €172,909 | €237,891 | +€64,983 | +37.6% |
| Accrued charges and deferred income | 492/3 | €35,465 | €3,934 | -€31,532 | -88.9% |
| Gross operating margin | 9900 | €630,859 | €545,393 | -€85,467 | -13.5% |
| Operating profit (loss) | 9901 | €630,859 | €545,393 | -€85,467 | -13.5% |
| Financial income | 75/76B | €219,056 | €200,000 | -€19,056 | -8.7% |
| Recurring financial income | 75 | €219,056 | €200,000 | -€19,056 | -8.7% |
| Financial charges | 65/66B | €127,182 | €102,437 | -€24,745 | -19.5% |
| Recurring financial charges | 65 | €127,182 | €102,437 | -€24,745 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €722,733 | €642,955 | -€79,778 | -11.0% |
| Income taxes | 67/77 | €126,415 | €111,521 | -€14,894 | -11.8% |
| Profit (loss) for the period | 9904 | €596,318 | €531,434 | -€64,884 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €596,318 | €531,434 | -€64,884 | -10.9% |
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 24 October 2026 via checked.be.