EGENET: 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.
EGENET
Largest movements
- Cash -€14,928
down €14,928 (-84.3%), from €17,713 to €2,786
mainly Net result for the year (-€22,910) and Tax, wage and social debts (-€12,176)
- Tangible fixed assets -€8,192
down €8,192 (-98.8%), from €8,292 to €99
- Receivables within one year -€2,475
down €2,475 (-7.4%), from €33,430 to €30,954
of which Trade receivables: -€2,278
- Deferred charges and accrued income -€2,352
down €2,352 (-96.9%), from €2,428 to €76
- Profit (loss) carried forward -€22,910
down €22,910, from €14,059 to -€8,851
- Tax, wage and social debts -€12,176
down €12,176 (-44.3%), from €27,467 to €15,291
of which Remuneration and social security: -€9,908
- Trade debts +€7,760
up €7,760 (+450.7%), from €1,722 to €9,482
- Other debts -€2,649
down €2,649 (-32.0%), from €8,275 to €5,626
- Short-term financial debts +€1,977
up €1,977 (+191.9%), from €1,030 to €3,007
- Gross operating margin -€28,955
down €28,955 (-66.5%), from €43,523 to €14,568
- Financial charges +€4,184
up €4,184 (+724.6%), from €577 to €4,762
- Taxes -€3,573
down €3,573 (-78.9%), from €4,527 to €954
- Other operating charges -€3,567
down €3,567 (-69.3%), from €5,148 to €1,581
- Depreciation -€1,854
down €1,854 (-18.5%), from €10,046 to €8,192
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.
Cash bridge derived
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 | €61,912 | €33,916 | -€27,997 | -45.2% |
| Fixed assets | 21/28 | €8,342 | €99 | -€8,242 | -98.8% |
| Tangible fixed assets | 22/27 | €8,292 | €99 | -€8,192 | -98.8% |
| Furniture and vehicles | 24 | €8,292 | €99 | -€8,192 | -98.8% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €53,571 | €33,816 | -€19,754 | -36.9% |
| Amounts receivable within one year | 40/41 | €33,430 | €30,954 | -€2,475 | -7.4% |
| Trade receivables | 40 | €33,232 | €30,954 | -€2,278 | -6.9% |
| Other amounts receivable | 41 | €197 | - | -€197 | |
| Cash at bank and in hand | 54/58 | €17,713 | €2,786 | -€14,928 | -84.3% |
| Deferred charges and accrued income | 490/1 | €2,428 | €76 | -€2,352 | -96.9% |
| Total equity and liabilities | 10/49 | €61,912 | €33,916 | -€27,997 | -45.2% |
| Equity | 10/15 | €23,419 | €509 | -€22,910 | -97.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,059 | -€8,851 | -€22,910 | |
| Amounts payable | 17/49 | €38,494 | €33,406 | -€5,087 | -13.2% |
| Amounts payable within one year | 42/48 | €38,494 | €33,406 | -€5,087 | -13.2% |
| Financial debts | 43 | €1,030 | €3,007 | +€1,977 | +191.9% |
| Credit institutions | 430/8 | €1,030 | €3,007 | +€1,977 | +191.9% |
| Trade debts | 44 | €1,722 | €9,482 | +€7,760 | +450.7% |
| Suppliers | 440/4 | €1,722 | €9,482 | +€7,760 | +450.7% |
| Taxes, remuneration and social security | 45 | €27,467 | €15,291 | -€12,176 | -44.3% |
| Taxes | 450/3 | €9,340 | €7,072 | -€2,267 | -24.3% |
| Remuneration and social security | 454/9 | €18,127 | €8,219 | -€9,908 | -54.7% |
| Other amounts payable | 47/48 | €8,275 | €5,626 | -€2,649 | -32.0% |
| Non-recurring operating income | 76A | €1,522 | - | -€1,522 | |
| Remuneration, social security and pensions | 62 | €22,565 | €22,413 | -€152 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,046 | €8,192 | -€1,854 | -18.5% |
| Other operating charges | 640/8 | €5,148 | €1,581 | -€3,567 | -69.3% |
| Gross operating margin | 9900 | €43,523 | €14,568 | -€28,955 | -66.5% |
| Operating profit (loss) | 9901 | €5,764 | -€17,618 | -€23,381 | |
| Financial income | 75/76B | €0 | €424 | +€423 | +105775.0% |
| Recurring financial income | 75 | €0 | €424 | +€423 | +105775.0% |
| Financial charges | 65/66B | €577 | €4,762 | +€4,184 | +724.6% |
| Recurring financial charges | 65 | €577 | €4,762 | +€4,184 | +724.6% |
| Profit (loss) for the period before taxes | 9903 | €5,187 | -€21,956 | -€27,143 | |
| Income taxes | 67/77 | €4,527 | €954 | -€3,573 | -78.9% |
| Profit (loss) for the period | 9904 | €660 | -€22,910 | -€23,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €660 | -€22,910 | -€23,569 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.