Egeo: 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.
Egeo
Largest movements
- Cash +€255,370
up €255,370 (+300%), from €85,123 to €340,493
mainly Net result for the year (+€130,704) and Trade debts (+€92,158)
- Intangible fixed assets -€21,175
down €21,175 (-41.9%), from €50,563 to €29,388
- Tangible fixed assets +€18,075
up €18,075 (+19.0%), from €95,300 to €113,375
of which Leasing and similar rights: +€32,394
- Receivables within one year +€12,755
up €12,755 (+24.0%), from €53,050 to €65,804
of which Trade receivables: +€17,909
- Deferred charges and accrued income +€9,736
up €9,736 (+85.0%), from €11,453 to €21,189
- Reserves +€103,557
up €103,557 (+197%), from €52,666 to €156,222
of which Distributable reserves: +€103,557
- Trade debts +€92,158
up €92,158 (+114%), from €81,100 to €173,259
- Tax, wage and social debts +€66,559
up €66,559 (+98.8%), from €67,365 to €133,924
of which Taxes: +€56,359
- Debts after one year +€13,180
up €13,180 (+26.0%), from €50,766 to €63,946
- Current portion of long-term debt +€9,099
up €9,099 (+62.1%), from €14,642 to €23,741
- Gross operating margin +€80,505
up €80,505 (+13.7%), from €587,722 to €668,227
- Taxes +€39,006
up €39,006 (+114%), from €34,214 to €73,219
- Staff costs -€37,142
down €37,142 (-8.5%), from €435,089 to €397,946
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.
Derived cash bridge
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 | €311,695 | €594,289 | +€282,593 | +90.7% |
| Fixed assets | 21/28 | €148,863 | €145,763 | -€3,101 | -2.1% |
| Intangible fixed assets | 21 | €50,563 | €29,388 | -€21,175 | -41.9% |
| Tangible fixed assets | 22/27 | €95,300 | €113,375 | +€18,075 | +19.0% |
| Plant, machinery and equipment | 23 | €25,409 | €23,886 | -€1,523 | -6.0% |
| Furniture and vehicles | 24 | €47,828 | €35,435 | -€12,393 | -25.9% |
| Leasing and similar rights | 25 | €21,660 | €54,054 | +€32,394 | +150% |
| Other tangible fixed assets | 26 | €404 | €0 | -€404 | -100% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €162,832 | €448,526 | +€285,694 | +175% |
| Stocks and contracts in progress | 3 | €13,206 | €21,039 | +€7,833 | +59.3% |
| Stocks | 30/36 | €13,206 | €21,039 | +€7,833 | +59.3% |
| Amounts receivable within one year | 40/41 | €53,050 | €65,804 | +€12,755 | +24.0% |
| Trade receivables | 40 | €47,831 | €65,740 | +€17,909 | +37.4% |
| Other amounts receivable | 41 | €5,219 | €65 | -€5,154 | -98.8% |
| Cash at bank and in hand | 54/58 | €85,123 | €340,493 | +€255,370 | +300% |
| Deferred charges and accrued income | 490/1 | €11,453 | €21,189 | +€9,736 | +85.0% |
| Total equity and liabilities | 10/49 | €311,695 | €594,289 | +€282,593 | +90.7% |
| Equity | 10/15 | €67,966 | €171,522 | +€103,557 | +152% |
| Contributions | 10/11 | €15,300 | €15,300 | = | 0.0% |
| Reserves | 13 | €52,666 | €156,222 | +€103,557 | +197% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €52,666 | €156,222 | +€103,557 | +197% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €243,729 | €422,766 | +€179,037 | +73.5% |
| Amounts payable after more than one year | 17 | €50,766 | €63,946 | +€13,180 | +26.0% |
| Financial debts | 170/4 | €50,766 | €63,946 | +€13,180 | +26.0% |
| Amounts payable within one year | 42/48 | €192,963 | €358,821 | +€165,857 | +86.0% |
| Current portion of amounts payable after more than one year | 42 | €14,642 | €23,741 | +€9,099 | +62.1% |
| Financial debts | 43 | €1,584 | €2,664 | +€1,080 | +68.2% |
| Credit institutions | 430/8 | €1,584 | €1,743 | +€159 | +10.0% |
| Other loans | 439 | - | €921 | +€921 | |
| Trade debts | 44 | €81,100 | €173,259 | +€92,158 | +114% |
| Suppliers | 440/4 | €81,100 | €173,259 | +€92,158 | +114% |
| Taxes, remuneration and social security | 45 | €67,365 | €133,924 | +€66,559 | +98.8% |
| Taxes | 450/3 | €38,701 | €95,061 | +€56,359 | +146% |
| Remuneration and social security | 454/9 | €28,664 | €38,863 | +€10,199 | +35.6% |
| Other amounts payable | 47/48 | €28,271 | €25,233 | -€3,038 | -10.7% |
| Non-recurring operating income | 76A | €1,592 | €13,637 | +€12,045 | +757% |
| Remuneration, social security and pensions | 62 | €435,089 | €397,946 | -€37,142 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,824 | €56,679 | +€3,856 | +7.3% |
| Other operating charges | 640/8 | €3,301 | €5,196 | +€1,896 | +57.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €587,722 | €668,227 | +€80,505 | +13.7% |
| Operating profit (loss) | 9901 | €96,509 | €208,405 | +€111,896 | +116% |
| Financial income | 75/76B | €153 | €910 | +€757 | +495% |
| Recurring financial income | 75 | €153 | €910 | +€757 | +495% |
| Financial charges | 65/66B | €4,870 | €5,392 | +€522 | +10.7% |
| Recurring financial charges | 65 | €4,870 | €5,392 | +€522 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €91,792 | €203,923 | +€112,131 | +122% |
| Income taxes | 67/77 | €34,214 | €73,219 | +€39,006 | +114% |
| Profit (loss) for the period | 9904 | €57,578 | €130,704 | +€73,126 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €57,578 | €130,704 | +€73,126 | +127% |
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 15 October 2026 via checked.be.