EDGP: 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.
EDGP
Largest movements
- Tangible fixed assets -€47,083
down €47,083 (-4.3%), from €1.1m to €1.1m
of which Land and buildings: -€45,237
- Cash -€14,013
down €14,013 (-83.0%), from €16,874 to €2,861
mainly Debts after one year (-€42,049) and Net result for the year (-€40,107)
- Debts after one year -€42,049
down €42,049 (-4.5%), from €927,734 to €885,685
- Profit (loss) carried forward -€35,815
down €35,815 (-139.8%), from -€25,627 to -€61,442
- Other debts +€20,450
up €20,450 (+135.6%), from €15,081 to €35,531
- Gross operating margin +€21,260
up €21,260 (+103.7%), from €20,500 to €41,760
- Financial charges +€20,343
up €20,343 (+154.5%), from €13,166 to €33,509
- Depreciation +€12,945
up €12,945 (+40.1%), from €32,292 to €45,237
- Other operating charges +€2,220
up €2,220 (+100.9%), from €2,201 to €4,421
- Financial income -€694
down €694 (-94.2%), from €737 to €43
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 | €1,148,372 | €1,086,637 | -€61,735 | -5.4% |
| Fixed assets | 21/28 | €1,103,593 | €1,056,510 | -€47,083 | -4.3% |
| Tangible fixed assets | 22/27 | €1,103,593 | €1,056,510 | -€47,083 | -4.3% |
| Land and buildings | 22 | €1,101,746 | €1,056,510 | -€45,237 | -4.1% |
| Furniture and vehicles | 24 | €1,846 | - | -€1,846 | |
| Current assets | 29/58 | €44,779 | €30,127 | -€14,652 | -32.7% |
| Amounts receivable within one year | 40/41 | €27,906 | €27,266 | -€639 | -2.3% |
| Trade receivables | 40 | €27,266 | €27,266 | = | 0.0% |
| Other amounts receivable | 41 | €639 | - | -€639 | |
| Cash at bank and in hand | 54/58 | €16,874 | €2,861 | -€14,013 | -83.0% |
| Total equity and liabilities | 10/49 | €1,148,372 | €1,086,637 | -€61,735 | -5.4% |
| Equity | 10/15 | €122,059 | €81,951 | -€40,107 | -32.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,086 | €124,794 | -€4,293 | -3.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Tax-exempt reserves | 132 | €127,704 | €123,411 | -€4,293 | -3.4% |
| Distributable reserves | 133 | €1,382 | €1,382 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,627 | -€61,442 | -€35,815 | -139.8% |
| Provisions and deferred taxes | 16 | €42,568 | €41,137 | -€1,431 | -3.4% |
| Deferred taxes | 168 | €42,568 | €41,137 | -€1,431 | -3.4% |
| Amounts payable | 17/49 | €983,745 | €963,548 | -€20,197 | -2.1% |
| Amounts payable after more than one year | 17 | €927,734 | €885,685 | -€42,049 | -4.5% |
| Financial debts | 170/4 | €927,734 | €885,685 | -€42,049 | -4.5% |
| Amounts payable within one year | 42/48 | €56,011 | €77,863 | +€21,852 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €40,751 | €42,049 | +€1,297 | +3.2% |
| Taxes, remuneration and social security | 45 | €179 | €283 | +€104 | +58.3% |
| Taxes | 450/3 | €179 | €283 | +€104 | +58.3% |
| Other amounts payable | 47/48 | €15,081 | €35,531 | +€20,450 | +135.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,292 | €45,237 | +€12,945 | +40.1% |
| Other operating charges | 640/8 | €2,201 | €4,421 | +€2,220 | +100.9% |
| Gross operating margin | 9900 | €20,500 | €41,760 | +€21,260 | +103.7% |
| Operating profit (loss) | 9901 | -€13,993 | -€7,898 | +€6,095 | +43.6% |
| Financial income | 75/76B | €737 | €43 | -€694 | -94.2% |
| Recurring financial income | 75 | €737 | €43 | -€694 | -94.2% |
| Financial charges | 65/66B | €13,166 | €33,509 | +€20,343 | +154.5% |
| Recurring financial charges | 65 | €13,166 | €33,509 | +€20,343 | +154.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,422 | -€41,364 | -€14,942 | -56.6% |
| Transfer from deferred taxes | 780 | €358 | €1,431 | +€1,073 | +300.0% |
| Income taxes | 67/77 | €770 | €174 | -€596 | -77.4% |
| Profit (loss) for the period | 9904 | -€26,834 | -€40,107 | -€13,273 | -49.5% |
| Transfer from tax-exempt reserves | 789 | €1,073 | €4,293 | +€3,219 | +300.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,761 | -€35,815 | -€10,054 | -39.0% |
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.