Egeda: 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.
Egeda
Largest movements
- Cash -€324,558
down €324,558 (-55.8%), from €581,615 to €257,057
mainly Contributions, distributions and other (-€700,000) and Current investments (-€100,000)
- Current investments +€100,000
up €100,000 (+28.6%), from €350,000 to €450,000
- Receivables within one year -€90,763
down €90,763 (-12.8%), from €706,815 to €616,052
of which Other amounts receivable: -€60,478
- Stocks and contracts +€35,710
up €35,710 (+2.6%), from €1.3m to €1.4m
- Reserves -€586,147
down €586,147 (-28.7%), from €2.0m to €1.5m
of which Distributable reserves: -€586,147
- Other debts +€200,000
new in 2024: €200,000
- Trade debts +€114,137
up €114,137 (+31.5%), from €362,740 to €476,877
- Short-term financial debts +€32,996
new in 2024: €32,996
- Provisions -€31,000
down €31,000 (-100.0%), from €31,000 to €0
- Purchases and services -€276,521
down €276,521 (-4.1%), from €6.8m to €6.5m
- Turnover -€223,994
down €223,994 (-2.8%), from €8.0m to €7.8m
- Staff costs -€99,134
down €99,134 (-7.6%), from €1.3m to €1.2m
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
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 | €3,059,847 | €2,774,859 | -€284,988 | -9.3% |
| Fixed assets | 21/28 | €64,021 | €60,944 | -€3,077 | -4.8% |
| Intangible fixed assets | 21 | €19,256 | €21,459 | +€2,203 | +11.4% |
| Tangible fixed assets | 22/27 | €43,075 | €37,795 | -€5,280 | -12.3% |
| Land and buildings | 22 | - | €2,385 | +€2,385 | |
| Plant, machinery and equipment | 23 | €3,000 | €1,890 | -€1,110 | -37.0% |
| Furniture and vehicles | 24 | €40,075 | €33,520 | -€6,555 | -16.4% |
| Financial fixed assets | 28 | €1,690 | €1,690 | = | 0.0% |
| Current assets | 29/58 | €2,995,826 | €2,713,915 | -€281,911 | -9.4% |
| Stocks and contracts in progress | 3 | €1,349,926 | €1,385,636 | +€35,710 | +2.6% |
| Stocks | 30/36 | €1,349,926 | €1,385,636 | +€35,710 | +2.6% |
| Amounts receivable within one year | 40/41 | €706,815 | €616,052 | -€90,763 | -12.8% |
| Trade receivables | 40 | €628,257 | €597,972 | -€30,285 | -4.8% |
| Other amounts receivable | 41 | €78,558 | €18,080 | -€60,478 | -77.0% |
| Current investments | 50/53 | €350,000 | €450,000 | +€100,000 | +28.6% |
| Cash at bank and in hand | 54/58 | €581,615 | €257,057 | -€324,558 | -55.8% |
| Deferred charges and accrued income | 490/1 | €7,470 | €5,170 | -€2,300 | -30.8% |
| Total equity and liabilities | 10/49 | €3,059,847 | €2,774,859 | -€284,988 | -9.3% |
| Equity | 10/15 | €2,484,145 | €1,897,998 | -€586,147 | -23.6% |
| Contributions | 10/11 | €439,314 | €439,314 | = | 0.0% |
| Capital | 10 | €439,314 | €439,314 | = | 0.0% |
| Issued capital | 100 | €439,314 | €439,314 | = | 0.0% |
| Reserves | 13 | €2,044,831 | €1,458,684 | -€586,147 | -28.7% |
| Non-distributable reserves | 130/1 | €45,974 | €45,974 | = | 0.0% |
| Legal reserve | 130 | €45,974 | €45,974 | = | 0.0% |
| Distributable reserves | 133 | €1,998,857 | €1,412,710 | -€586,147 | -29.3% |
| Provisions and deferred taxes | 16 | €31,000 | €0 | -€31,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €31,000 | €0 | -€31,000 | -100.0% |
| Other liabilities and charges | 164/5 | €31,000 | €0 | -€31,000 | -100.0% |
| Amounts payable | 17/49 | €544,702 | €876,861 | +€332,159 | +61.0% |
| Amounts payable within one year | 42/48 | €544,702 | €876,861 | +€332,159 | +61.0% |
| Financial debts | 43 | - | €32,996 | +€32,996 | |
| Credit institutions | 430/8 | - | €32,996 | +€32,996 | |
| Trade debts | 44 | €362,740 | €476,877 | +€114,137 | +31.5% |
| Suppliers | 440/4 | €362,740 | €476,877 | +€114,137 | +31.5% |
| Taxes, remuneration and social security | 45 | €181,962 | €166,988 | -€14,974 | -8.2% |
| Taxes | 450/3 | €63,881 | €52,507 | -€11,374 | -17.8% |
| Remuneration and social security | 454/9 | €118,081 | €114,481 | -€3,600 | -3.0% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Turnover | 70 | €8,033,129 | €7,809,135 | -€223,994 | -2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,750,020 | €6,473,499 | -€276,521 | -4.1% |
| Remuneration, social security and pensions | 62 | €1,309,137 | €1,210,003 | -€99,134 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,856 | €29,278 | +€9,422 | +47.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,924 | €8,254 | +€22,178 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €31,000 | -€31,000 | -€62,000 | |
| Other operating charges | 640/8 | €5,186 | €6,134 | +€948 | +18.3% |
| Gross operating margin | 9900 | €1,413,334 | €1,466,516 | +€53,182 | +3.8% |
| Operating profit (loss) | 9901 | €62,079 | €243,847 | +€181,768 | +292.8% |
| Financial income | 75/76B | €1,821 | €14,362 | +€12,541 | +688.7% |
| Recurring financial income | 75 | €1,821 | €14,362 | +€12,541 | +688.7% |
| Financial charges | 65/66B | €155,682 | €140,100 | -€15,582 | -10.0% |
| Recurring financial charges | 65 | €155,682 | €140,100 | -€15,582 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€91,782 | €118,109 | +€209,891 | |
| Income taxes | 67/77 | - | €4,256 | +€4,256 | |
| Profit (loss) for the period | 9904 | -€91,782 | €113,853 | +€205,635 | |
| Profit (loss) for the period to be appropriated | 9905 | -€91,782 | €113,853 | +€205,635 |
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 2 October 2026 via checked.be.