EGB-TECH: 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.
EGB-TECH
Largest movements
- Receivables within one year +€86,945
up €86,945 (+114%), from €76,199 to €163,144
of which Trade receivables: +€88,095
- Cash -€17,375
down €17,375 (-8.6%), from €201,614 to €184,240
mainly Receivables within one year (-€86,945) and Net result for the year (-€11,993)
- Tangible fixed assets +€5,815
up €5,815 (+580%), from €1,003 to €6,818
of which Furniture and vehicles: +€6,818
- Advances received +€72,238
up €72,238 (+1,170%), from €6,174 to €78,412
- Trade debts +€17,598
up €17,598 (+65.3%), from €26,969 to €44,568
of which Suppliers: +€17,077
- Profit (loss) carried forward -€11,993
down €11,993 (-7.1%), from €169,129 to €157,136
- Other operating charges -€18,337
down €18,337 (-95.8%), from €19,147 to €810
- Staff costs +€6,913
up €6,913 (+24.4%), from €28,362 to €35,275
- Gross operating margin +€6,023
up €6,023 (+17.9%), from €33,671 to €39,694
- Taxes +€4,096
up €4,096 (+48.2%), from €8,496 to €12,592
- Depreciation +€1,871
up €1,871 (+202%), from €926 to €2,797
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.
Derived cash bridge
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 | €280,620 | €355,854 | +€75,234 | +26.8% |
| Fixed assets | 21/28 | €1,003 | €6,818 | +€5,815 | +580% |
| Tangible fixed assets | 22/27 | €1,003 | €6,818 | +€5,815 | +580% |
| Plant, machinery and equipment | 23 | €1,003 | - | -€1,003 | |
| Furniture and vehicles | 24 | - | €6,818 | +€6,818 | |
| Current assets | 29/58 | €279,617 | €349,036 | +€69,419 | +24.8% |
| Amounts receivable within one year | 40/41 | €76,199 | €163,144 | +€86,945 | +114% |
| Trade receivables | 40 | €39,994 | €128,090 | +€88,095 | +220% |
| Other amounts receivable | 41 | €36,205 | €35,055 | -€1,150 | -3.2% |
| Cash at bank and in hand | 54/58 | €201,614 | €184,240 | -€17,375 | -8.6% |
| Deferred charges and accrued income | 490/1 | €1,803 | €1,652 | -€151 | -8.4% |
| Total equity and liabilities | 10/49 | €280,620 | €355,854 | +€75,234 | +26.8% |
| Equity | 10/15 | €187,729 | €175,736 | -€11,993 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,129 | €157,136 | -€11,993 | -7.1% |
| Amounts payable | 17/49 | €92,891 | €180,119 | +€87,228 | +93.9% |
| Amounts payable within one year | 42/48 | €92,891 | €180,119 | +€87,228 | +93.9% |
| Trade debts | 44 | €26,969 | €44,568 | +€17,598 | +65.3% |
| Suppliers | 440/4 | €26,969 | €44,047 | +€17,077 | +63.3% |
| Bills of exchange payable | 441 | - | €521 | +€521 | |
| Advances received on contracts in progress | 46 | €6,174 | €78,412 | +€72,238 | +1,170% |
| Taxes, remuneration and social security | 45 | €27,859 | €25,857 | -€2,002 | -7.2% |
| Taxes | 450/3 | €2,715 | - | -€2,715 | |
| Remuneration and social security | 454/9 | €25,144 | €25,857 | +€713 | +2.8% |
| Other amounts payable | 47/48 | €31,889 | €31,282 | -€607 | -1.9% |
| Remuneration, social security and pensions | 62 | €28,362 | €35,275 | +€6,913 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €926 | €2,797 | +€1,871 | +202% |
| Other operating charges | 640/8 | €19,147 | €810 | -€18,337 | -95.8% |
| Non-recurring operating charges | 66A | €45 | - | -€45 | |
| Gross operating margin | 9900 | €33,671 | €39,694 | +€6,023 | +17.9% |
| Operating profit (loss) | 9901 | -€14,809 | €812 | +€15,621 | |
| Financial income | 75/76B | - | €180 | +€180 | |
| Recurring financial income | 75 | - | €180 | +€180 | |
| Financial charges | 65/66B | €251 | €394 | +€142 | +56.5% |
| Recurring financial charges | 65 | €251 | €394 | +€142 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,060 | €598 | +€15,659 | |
| Income taxes | 67/77 | €8,496 | €12,592 | +€4,096 | +48.2% |
| Profit (loss) for the period | 9904 | -€23,556 | -€11,993 | +€11,563 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,556 | -€11,993 | +€11,563 | +49.1% |
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 20 October 2026 via checked.be.