EGI: 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.
EGI
Largest movements
- Receivables within one year -€24,766
down €24,766 (-43.5%), from €56,960 to €32,194
of which Trade receivables: -€32,809
- Cash +€17,329
up €17,329 (+2799.9%), from €619 to €17,948
mainly Receivables within one year (+€24,766) and Other debts (+€5,772)
- Deferred charges and accrued income +€1,007
up €1,007 (+32.1%), from €3,134 to €4,141
- Tangible fixed assets -€959
down €959 (-24.1%), from €3,988 to €3,029
of which Furniture and vehicles: -€670
- Trade debts -€14,715
down €14,715 (-41.6%), from €35,400 to €20,685
- Other debts +€5,772
up €5,772 (+252.1%), from €2,289 to €8,061
- Tax, wage and social debts +€2,933
up €2,933 (+77.7%), from €3,776 to €6,709
of which Remuneration and social security: +€3,343
- Profit (loss) carried forward -€1,032
down €1,032 (-6.6%), from €15,719 to €14,686
- Staff costs +€32,077
up €32,077 (+330.6%), from €9,702 to €41,779
- Taxes -€5,977
down €5,977 (-89.8%), from €6,658 to €681
- Write-downs -€5,023
down €5,023, from €1,506 to -€3,517
- Financial charges +€1,581
up €1,581 (+59.8%), from €2,643 to €4,224
- Depreciation -€1,444
down €1,444 (-43.4%), from €3,330 to €1,886
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 | €65,086 | €57,696 | -€7,389 | -11.4% |
| Fixed assets | 21/28 | €4,373 | €3,414 | -€959 | -21.9% |
| Tangible fixed assets | 22/27 | €3,988 | €3,029 | -€959 | -24.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,855 | €1,804 | -€51 | -2.7% |
| Furniture and vehicles | 24 | €1,506 | €836 | -€670 | -44.5% |
| Leasing and similar rights | 25 | €628 | €389 | -€239 | -38.1% |
| Financial fixed assets | 28 | €385 | €385 | = | 0.0% |
| Current assets | 29/58 | €60,712 | €54,282 | -€6,430 | -10.6% |
| Amounts receivable within one year | 40/41 | €56,960 | €32,194 | -€24,766 | -43.5% |
| Trade receivables | 40 | €49,476 | €16,667 | -€32,809 | -66.3% |
| Other amounts receivable | 41 | €7,484 | €15,527 | +€8,044 | +107.5% |
| Cash at bank and in hand | 54/58 | €619 | €17,948 | +€17,329 | +2799.9% |
| Deferred charges and accrued income | 490/1 | €3,134 | €4,141 | +€1,007 | +32.1% |
| Total equity and liabilities | 10/49 | €65,086 | €57,696 | -€7,389 | -11.4% |
| Equity | 10/15 | €23,219 | €22,186 | -€1,032 | -4.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,719 | €14,686 | -€1,032 | -6.6% |
| Amounts payable | 17/49 | €41,867 | €35,510 | -€6,357 | -15.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €41,855 | €35,455 | -€6,401 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €391 | €0 | -€391 | -100.0% |
| Trade debts | 44 | €35,400 | €20,685 | -€14,715 | -41.6% |
| Suppliers | 440/4 | €35,400 | €20,685 | -€14,715 | -41.6% |
| Taxes, remuneration and social security | 45 | €3,776 | €6,709 | +€2,933 | +77.7% |
| Taxes | 450/3 | €3,758 | €3,347 | -€410 | -10.9% |
| Remuneration and social security | 454/9 | €18 | €3,362 | +€3,343 | +18441.6% |
| Other amounts payable | 47/48 | €2,289 | €8,061 | +€5,772 | +252.1% |
| Accrued charges and deferred income | 492/3 | €12 | €56 | +€44 | +370.8% |
| Non-recurring operating income | 76A | - | €10,354 | +€10,354 | |
| Remuneration, social security and pensions | 62 | €9,702 | €41,779 | +€32,077 | +330.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,330 | €1,886 | -€1,444 | -43.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,506 | -€3,517 | -€5,023 | |
| Other operating charges | 640/8 | €3,741 | €4,786 | +€1,045 | +27.9% |
| Non-recurring operating charges | 66A | €156 | €0 | -€156 | -100.0% |
| Gross operating margin | 9900 | €49,876 | €48,646 | -€1,230 | -2.5% |
| Operating profit (loss) | 9901 | €31,441 | €3,713 | -€27,728 | -88.2% |
| Financial income | 75/76B | €62 | €160 | +€98 | +158.4% |
| Recurring financial income | 75 | €62 | €160 | +€98 | +158.4% |
| Financial charges | 65/66B | €2,643 | €4,224 | +€1,581 | +59.8% |
| Recurring financial charges | 65 | €2,643 | €4,224 | +€1,581 | +59.8% |
| Profit (loss) for the period before taxes | 9903 | €28,859 | -€352 | -€29,211 | |
| Income taxes | 67/77 | €6,658 | €681 | -€5,977 | -89.8% |
| Profit (loss) for the period | 9904 | €22,202 | -€1,032 | -€23,234 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,202 | -€1,032 | -€23,234 |
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.