EGE: 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.
EGE
Largest movements
- Cash -€144,439
down €144,439 (-68.8%), from €209,847 to €65,408
mainly Receivables within one year (-€90,295) and Investment in fixed assets (net) (-€52,001)
- Receivables within one year +€90,295
up €90,295 (+249.8%), from €36,150 to €126,445
of which Other amounts receivable: +€82,167
- Tangible fixed assets +€49,952
up €49,952 (+419.7%), from €11,901 to €61,853
of which Other tangible fixed assets: +€46,698
- Stocks and contracts +€8,922
up €8,922, from €0 to €8,922
- Equity +€31,249
up €31,249 (+22.9%), from €136,547 to €167,796
of which Profit (loss) carried forward: +€31,249
- Debts within one year -€26,518
down €26,518 (-21.9%), from €121,350 to €94,832
of which Trade debts: -€40,369
- Staff costs +€260,386
new in 2021: €260,386
- Gross operating margin +€77,380
up €77,380 (+31.8%), from €243,061 to €320,441
- Taxes +€22,445
up €22,445, from €0 to €22,445
- Financial charges +€3,210
new in 2021: €3,210
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,897 | €262,628 | +€4,731 | +1.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €11,901 | €61,853 | +€49,952 | +419.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €11,901 | €61,853 | +€49,952 | +419.7% |
| Plant, machinery and equipment | 23 | - | €14,440 | +€14,440 | |
| Furniture and vehicles | 24 | - | €715 | +€715 | |
| Other tangible fixed assets | 26 | - | €46,698 | +€46,698 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €245,996 | €200,775 | -€45,221 | -18.4% |
| Stocks and contracts in progress | 3 | €0 | €8,922 | +€8,922 | |
| Stocks | 30/36 | - | €8,922 | +€8,922 | |
| Amounts receivable within one year | 40/41 | €36,150 | €126,445 | +€90,295 | +249.8% |
| Trade receivables | 40 | - | €44,278 | +€44,278 | |
| Other amounts receivable | 41 | - | €82,167 | +€82,167 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €209,847 | €65,408 | -€144,439 | -68.8% |
| Total equity and liabilities | 10/49 | €257,897 | €262,628 | +€4,731 | +1.8% |
| Equity | 10/15 | €136,547 | €167,796 | +€31,249 | +22.9% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €6,473 | €6,473 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €4,613 | +€4,613 | |
| Profit (loss) carried forward | 14 | €111,474 | €142,723 | +€31,249 | +28.0% |
| Amounts payable | 17/49 | €121,350 | €94,832 | -€26,518 | -21.9% |
| Amounts payable within one year | 42/48 | €121,350 | €94,832 | -€26,518 | -21.9% |
| Trade debts | 44 | €84,970 | €44,601 | -€40,369 | -47.5% |
| Suppliers | 440/4 | - | €44,601 | +€44,601 | |
| Taxes, remuneration and social security | 45 | - | €46,358 | +€46,358 | |
| Taxes | 450/3 | - | €31,489 | +€31,489 | |
| Remuneration and social security | 454/9 | - | €14,869 | +€14,869 | |
| Other amounts payable | 47/48 | - | €3,873 | +€3,873 | |
| Remuneration, social security and pensions | 62 | - | €260,386 | +€260,386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,037 | €2,049 | -€1,988 | -49.2% |
| Other operating charges | 640/8 | - | €2,843 | +€2,843 | |
| Gross operating margin | 9900 | €243,061 | €320,441 | +€77,380 | +31.8% |
| Operating profit (loss) | 9901 | €32,087 | €55,163 | +€23,076 | +71.9% |
| Financial income | 75/76B | - | €1,741 | +€1,741 | |
| Recurring financial income | 75 | €0 | €1,741 | +€1,741 | |
| Financial charges | 65/66B | - | €3,210 | +€3,210 | |
| Recurring financial charges | 65 | €3 | €3,210 | +€3,207 | +96586.7% |
| Profit (loss) for the period before taxes | 9903 | €33,679 | €53,694 | +€20,015 | +59.4% |
| Income taxes | 67/77 | €0 | €22,445 | +€22,445 | |
| Profit (loss) for the period | 9904 | €33,679 | €31,249 | -€2,430 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,679 | €31,249 | -€2,430 | -7.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.