EGA PROJECT MANAGEMENT: 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.
EGA PROJECT MANAGEMENT
Largest movements
- Current investments +€51,271
up €51,271 (+85.2%), from €60,188 to €111,458
- Cash -€10,566
down €10,566 (-53.9%), from €19,620 to €9,055
mainly Current investments (-€51,271)
- Receivables after one year -€9,703
no longer reported in 2025 (was €9,703)
- Profit (loss) carried forward +€12,721
up €12,721 (+341%), from €3,733 to €16,454
- Other debts +€9,624
up €9,624 (+26.7%), from €36,043 to €45,667
- Tax, wage and social debts +€5,602
up €5,602 (+141%), from €3,987 to €9,589
- Accrued charges and deferred income +€1,732
new in 2025: €1,732
- Gross operating margin -€15,544
down €15,544 (-44.8%), from €34,697 to €19,153
- Taxes +€6,601
up €6,601 (+2,392%), from €276 to €6,877
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 | €108,023 | €137,724 | +€29,701 | +27.5% |
| Current assets | 29/58 | €108,023 | €137,724 | +€29,701 | +27.5% |
| Amounts receivable after more than one year | 29 | €9,703 | - | -€9,703 | |
| Trade receivables | 290 | €9,703 | - | -€9,703 | |
| Amounts receivable within one year | 40/41 | €18,513 | €17,212 | -€1,301 | -7.0% |
| Trade receivables | 40 | €18,513 | €17,212 | -€1,301 | -7.0% |
| Current investments | 50/53 | €60,188 | €111,458 | +€51,271 | +85.2% |
| Cash at bank and in hand | 54/58 | €19,620 | €9,055 | -€10,566 | -53.9% |
| Total equity and liabilities | 10/49 | €108,023 | €137,724 | +€29,701 | +27.5% |
| Equity | 10/15 | €17,993 | €30,714 | +€12,721 | +70.7% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,733 | €16,454 | +€12,721 | +341% |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €40,030 | €57,010 | +€16,980 | +42.4% |
| Amounts payable within one year | 42/48 | €40,030 | €55,278 | +€15,248 | +38.1% |
| Trade debts | 44 | - | €22 | +€22 | |
| Suppliers | 440/4 | - | €22 | +€22 | |
| Taxes, remuneration and social security | 45 | €3,987 | €9,589 | +€5,602 | +141% |
| Taxes | 450/3 | €3,987 | €9,589 | +€5,602 | +141% |
| Other amounts payable | 47/48 | €36,043 | €45,667 | +€9,624 | +26.7% |
| Accrued charges and deferred income | 492/3 | - | €1,732 | +€1,732 | |
| Other operating charges | 640/8 | - | €0 | +€0 | |
| Gross operating margin | 9900 | €34,697 | €19,153 | -€15,544 | -44.8% |
| Operating profit (loss) | 9901 | €34,697 | €19,153 | -€15,544 | -44.8% |
| Financial income | 75/76B | €719 | €592 | -€127 | -17.7% |
| Recurring financial income | 75 | €719 | €592 | -€127 | -17.7% |
| Financial charges | 65/66B | €207 | €147 | -€60 | -28.9% |
| Recurring financial charges | 65 | €207 | €147 | -€60 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €35,210 | €19,598 | -€15,611 | -44.3% |
| Income taxes | 67/77 | €276 | €6,877 | +€6,601 | +2,392% |
| Profit (loss) for the period | 9904 | €34,934 | €12,721 | -€22,212 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,934 | €12,721 | -€22,212 | -63.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.