EgeTrans Belgium: 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.
EgeTrans Belgium
Largest movements
- Cash +€33,171
up €33,171 (+13.3%), from €249,451 to €282,622
mainly Other debts (+€75,000) and Receivables within one year (+€29,659)
- Receivables within one year -€29,659
down €29,659 (-99.5%), from €29,818 to €159
of which Trade receivables: -€28,720
- Formation expenses -€4,286
down €4,286 (-33.3%), from €12,858 to €8,572
- Other debts +€75,000
new in 2025: €75,000
- Profit (loss) carried forward -€50,992
down €50,992 (-80.9%), from €63,032 to €12,041
- Tax, wage and social debts -€16,829
down €16,829 (-89.2%), from €18,873 to €2,045
of which Remuneration and social security: -€12,471
- Trade debts -€8,190
down €8,190 (-96.8%), from €8,462 to €272
- Turnover +€81,020
new in 2025: €81,020
- Gross operating margin -€61,314
down €61,314 (-44.3%), from €138,474 to €77,160
- Staff costs -€41,689
down €41,689 (-50.1%), from €83,174 to €41,485
- Purchases and services +€9,067
new in 2025: €9,067
- Taxes -€5,542
down €5,542 (-37.3%), from €14,842 to €9,300
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 | €292,868 | €291,857 | -€1,010 | -0.3% |
| Formation expenses | 20 | €12,858 | €8,572 | -€4,286 | -33.3% |
| Fixed assets | 21/28 | €247 | €247 | = | 0.0% |
| Financial fixed assets | 28 | €247 | €247 | = | 0.0% |
| Current assets | 29/58 | €279,763 | €283,039 | +€3,276 | +1.2% |
| Amounts receivable within one year | 40/41 | €29,818 | €159 | -€29,659 | -99.5% |
| Trade receivables | 40 | €28,720 | - | -€28,720 | |
| Other amounts receivable | 41 | €1,098 | €159 | -€939 | -85.5% |
| Cash at bank and in hand | 54/58 | €249,451 | €282,622 | +€33,171 | +13.3% |
| Deferred charges and accrued income | 490/1 | €494 | €257 | -€237 | -47.9% |
| Total equity and liabilities | 10/49 | €292,868 | €291,857 | -€1,010 | -0.3% |
| Equity | 10/15 | €263,032 | €212,041 | -€50,992 | -19.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,032 | €12,041 | -€50,992 | -80.9% |
| Amounts payable | 17/49 | €29,835 | €79,817 | +€49,982 | +168% |
| Amounts payable within one year | 42/48 | €27,335 | €77,317 | +€49,982 | +183% |
| Trade debts | 44 | €8,462 | €272 | -€8,190 | -96.8% |
| Suppliers | 440/4 | €8,462 | €272 | -€8,190 | -96.8% |
| Taxes, remuneration and social security | 45 | €18,873 | €2,045 | -€16,829 | -89.2% |
| Taxes | 450/3 | €6,402 | €2,045 | -€4,357 | -68.1% |
| Remuneration and social security | 454/9 | €12,471 | €0 | -€12,471 | -100% |
| Other amounts payable | 47/48 | - | €75,000 | +€75,000 | |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Turnover | 70 | - | €81,020 | +€81,020 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €9,067 | +€9,067 | |
| Remuneration, social security and pensions | 62 | €83,174 | €41,485 | -€41,689 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,286 | €4,286 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | €138,474 | €77,160 | -€61,314 | -44.3% |
| Operating profit (loss) | 9901 | €50,895 | €30,869 | -€20,026 | -39.3% |
| Financial income | 75/76B | €3,097 | €2,516 | -€581 | -18.7% |
| Recurring financial income | 75 | €3,097 | €2,516 | -€581 | -18.7% |
| Financial charges | 65/66B | €77 | €78 | +€1 | +1.1% |
| Recurring financial charges | 65 | €77 | €78 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €53,916 | €33,308 | -€20,608 | -38.2% |
| Income taxes | 67/77 | €14,842 | €9,300 | -€5,542 | -37.3% |
| Profit (loss) for the period | 9904 | €39,074 | €24,008 | -€15,066 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,074 | €24,008 | -€15,066 | -38.6% |
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 23 October 2026 via checked.be.