EG TEC: 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.
EG TEC
Largest movements
- Receivables within one year -€11,509
down €11,509 (-11.6%), from €99,502 to €87,993
of which Trade receivables: -€20,509
- Cash +€7,579
up €7,579 (+11,660%), from €65 to €7,644
mainly Receivables within one year (+€11,509) and Net result for the year (+€10,852)
- Tangible fixed assets +€3,927
up €3,927 (+36.8%), from €10,677 to €14,604
of which Furniture and vehicles: +€8,492
- Trade debts -€18,311
down €18,311 (-83.7%), from €21,886 to €3,575
- Profit (loss) carried forward +€10,852
up €10,852 (+17.2%), from €63,166 to €74,018
- Tax, wage and social debts +€7,843
up €7,843 (+52.4%), from €14,954 to €22,797
of which Taxes: +€6,447
- Current portion of long-term debt -€4,481
no longer reported in 2025 (was €4,481)
- Other debts +€3,800
new in 2025: €3,800
- Gross operating margin -€18,661
down €18,661 (-28.4%), from €65,821 to €47,160
- Staff costs -€7,736
down €7,736 (-21.1%), from €36,599 to €28,863
- Other operating charges -€2,205
down €2,205 (-92.6%), from €2,382 to €177
- Financial charges -€1,619
down €1,619 (-92.6%), from €1,748 to €129
- Taxes -€1,456
down €1,456 (-26.1%), from €5,580 to €4,124
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 | €110,844 | €110,841 | -€3 | 0.0% |
| Fixed assets | 21/28 | €11,277 | €15,204 | +€3,927 | +34.8% |
| Tangible fixed assets | 22/27 | €10,677 | €14,604 | +€3,927 | +36.8% |
| Furniture and vehicles | 24 | €6,112 | €14,604 | +€8,492 | +139% |
| Leasing and similar rights | 25 | €4,565 | - | -€4,565 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €99,567 | €95,637 | -€3,930 | -3.9% |
| Amounts receivable within one year | 40/41 | €99,502 | €87,993 | -€11,509 | -11.6% |
| Trade receivables | 40 | €41,731 | €21,222 | -€20,509 | -49.1% |
| Other amounts receivable | 41 | €57,771 | €66,771 | +€9,000 | +15.6% |
| Cash at bank and in hand | 54/58 | €65 | €7,644 | +€7,579 | +11,660% |
| Total equity and liabilities | 10/49 | €110,844 | €110,841 | -€3 | 0.0% |
| Equity | 10/15 | €69,523 | €80,375 | +€10,852 | +15.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157 | €157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €157 | €157 | = | 0.0% |
| Reserves not available under the articles | 1311 | €157 | €157 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,166 | €74,018 | +€10,852 | +17.2% |
| Amounts payable | 17/49 | €41,321 | €30,466 | -€10,855 | -26.3% |
| Amounts payable within one year | 42/48 | €41,321 | €30,172 | -€11,149 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €4,481 | - | -€4,481 | |
| Trade debts | 44 | €21,886 | €3,575 | -€18,311 | -83.7% |
| Suppliers | 440/4 | €21,886 | €3,575 | -€18,311 | -83.7% |
| Taxes, remuneration and social security | 45 | €14,954 | €22,797 | +€7,843 | +52.4% |
| Taxes | 450/3 | €12,011 | €18,458 | +€6,447 | +53.7% |
| Remuneration and social security | 454/9 | €2,943 | €4,339 | +€1,396 | +47.4% |
| Other amounts payable | 47/48 | - | €3,800 | +€3,800 | |
| Accrued charges and deferred income | 492/3 | - | €294 | +€294 | |
| Remuneration, social security and pensions | 62 | €36,599 | €28,863 | -€7,736 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,037 | €3,015 | +€978 | +48.0% |
| Other operating charges | 640/8 | €2,382 | €177 | -€2,205 | -92.6% |
| Gross operating margin | 9900 | €65,821 | €47,160 | -€18,661 | -28.4% |
| Operating profit (loss) | 9901 | €24,803 | €15,105 | -€9,698 | -39.1% |
| Financial charges | 65/66B | €1,748 | €129 | -€1,619 | -92.6% |
| Recurring financial charges | 65 | €1,748 | €129 | -€1,619 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €23,055 | €14,976 | -€8,079 | -35.0% |
| Income taxes | 67/77 | €5,580 | €4,124 | -€1,456 | -26.1% |
| Profit (loss) for the period | 9904 | €17,475 | €10,852 | -€6,623 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,475 | €10,852 | -€6,623 | -37.9% |
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 27 October 2026 via checked.be.