EGAR: what changed
Two fiscal 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.
EGAR
Largest movements
- Receivables within one year -€1,149
down €1,149 (-1.5%), from €77,837 to €76,688
- Tangible fixed assets -€1,020
down €1,020 (-11.4%), from €8,937 to €7,916
- Profit (loss) carried forward -€6,862
down €6,862 (-10.1%), from €68,076 to €61,214
- Trade debts +€2,243
up €2,243 (+163.8%), from €1,370 to €3,613
- Short-term financial debts +€1,917
up €1,917 (+31.9%), from €6,012 to €7,929
of which Credit institutions: +€1,730
- Taxes -€26,995
down €26,995 (-91.1%), from €29,625 to €2,630
- Gross operating margin -€4,367
down €4,367 (-23.5%), from €18,568 to €14,201
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,021 | €84,853 | -€2,169 | -2.5% |
| Fixed assets | 21/28 | €9,184 | €8,164 | -€1,020 | -11.1% |
| Tangible fixed assets | 22/27 | €8,937 | €7,916 | -€1,020 | -11.4% |
| Plant, machinery and equipment | 23 | €8,937 | €7,916 | -€1,020 | -11.4% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €77,837 | €76,688 | -€1,149 | -1.5% |
| Amounts receivable within one year | 40/41 | €77,837 | €76,688 | -€1,149 | -1.5% |
| Other amounts receivable | 41 | €77,837 | €76,688 | -€1,149 | -1.5% |
| Total equity and liabilities | 10/49 | €87,021 | €84,853 | -€2,169 | -2.5% |
| Equity | 10/15 | €69,439 | €62,578 | -€6,862 | -9.9% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,076 | €61,214 | -€6,862 | -10.1% |
| Amounts payable | 17/49 | €17,582 | €22,275 | +€4,693 | +26.7% |
| Amounts payable within one year | 42/48 | €17,582 | €22,275 | +€4,693 | +26.7% |
| Financial debts | 43 | €6,012 | €7,929 | +€1,917 | +31.9% |
| Credit institutions | 430/8 | - | €1,730 | +€1,730 | |
| Other loans | 439 | €6,012 | €6,199 | +€187 | +3.1% |
| Trade debts | 44 | €1,370 | €3,613 | +€2,243 | +163.8% |
| Suppliers | 440/4 | €1,370 | €3,613 | +€2,243 | +163.8% |
| Taxes, remuneration and social security | 45 | €10,200 | €10,733 | +€533 | +5.2% |
| Taxes | 450/3 | €10,200 | €10,733 | +€533 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | €1,020 | = | 0.0% |
| Other operating charges | 640/8 | €6,551 | €6,610 | +€59 | +0.9% |
| Gross operating margin | 9900 | €18,568 | €14,201 | -€4,367 | -23.5% |
| Operating profit (loss) | 9901 | €10,997 | €6,570 | -€4,426 | -40.3% |
| Financial income | 75/76B | €1,603 | €1,601 | -€2 | -0.1% |
| Recurring financial income | 75 | €1,603 | €1,601 | -€2 | -0.1% |
| Financial charges | 65/66B | €233 | €403 | +€170 | +73.0% |
| Recurring financial charges | 65 | €233 | €403 | +€170 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €12,367 | €7,768 | -€4,599 | -37.2% |
| Income taxes | 67/77 | €29,625 | €2,630 | -€26,995 | -91.1% |
| Profit (loss) for the period | 9904 | -€17,258 | €5,138 | +€22,396 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,258 | €5,138 | +€22,396 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.