EGIAT: 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.
EGIAT
Largest movements
- Tangible fixed assets -€34,469
down €34,469 (-78.7%), from €43,812 to €9,344
of which Furniture and vehicles: -€33,143
- Receivables within one year -€8,439
down €8,439 (-58.9%), from €14,339 to €5,900
of which Other amounts receivable: -€6,268
- Cash +€2,548
up €2,548 (+43.1%), from €5,908 to €8,456
mainly Investment in fixed assets (net) (+€32,790) and Net result for the year (+€20,118)
- Other debts -€21,952
down €21,952 (-68.2%), from €32,168 to €10,216
- Profit (loss) carried forward +€20,118
up €20,118 (+54.8%), from -€36,725 to -€16,607
- Debts after one year -€18,319
no longer reported in 2025 (was €18,319)
- Current portion of long-term debt -€9,520
down €9,520 (-96.5%), from €9,869 to €349
- Short-term financial debts -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin +€31,736
up €31,736 (+886%), from €3,582 to €35,318
- Staff costs -€8,700
no longer reported in 2025 (was €8,700)
- Other operating charges +€3,605
up €3,605 (+62.1%), from €5,804 to €9,409
- Depreciation -€3,354
down €3,354 (-62.9%), from €5,332 to €1,979
- Write-downs +€2,180
new in 2025: €2,180
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 | €66,114 | €25,224 | -€40,890 | -61.8% |
| Fixed assets | 21/28 | €44,674 | €9,905 | -€34,769 | -77.8% |
| Intangible fixed assets | 21 | €861 | €561 | -€300 | -34.8% |
| Tangible fixed assets | 22/27 | €43,812 | €9,344 | -€34,469 | -78.7% |
| Plant, machinery and equipment | 23 | €2,246 | €920 | -€1,326 | -59.0% |
| Furniture and vehicles | 24 | €41,566 | €8,424 | -€33,143 | -79.7% |
| Current assets | 29/58 | €21,440 | €15,318 | -€6,122 | -28.6% |
| Amounts receivable within one year | 40/41 | €14,339 | €5,900 | -€8,439 | -58.9% |
| Trade receivables | 40 | €7,611 | €5,440 | -€2,171 | -28.5% |
| Other amounts receivable | 41 | €6,728 | €460 | -€6,268 | -93.2% |
| Cash at bank and in hand | 54/58 | €5,908 | €8,456 | +€2,548 | +43.1% |
| Deferred charges and accrued income | 490/1 | €1,192 | €962 | -€231 | -19.3% |
| Total equity and liabilities | 10/49 | €66,114 | €25,224 | -€40,890 | -61.8% |
| Equity | 10/15 | -€16,265 | €3,853 | +€20,118 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | -€36,725 | -€16,607 | +€20,118 | +54.8% |
| Amounts payable | 17/49 | €82,378 | €21,370 | -€61,008 | -74.1% |
| Amounts payable after more than one year | 17 | €18,319 | - | -€18,319 | |
| Financial debts | 170/4 | €18,319 | - | -€18,319 | |
| Amounts payable within one year | 42/48 | €64,059 | €21,370 | -€42,689 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €9,869 | €349 | -€9,520 | -96.5% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Other loans | 439 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €14,363 | €10,482 | -€3,881 | -27.0% |
| Suppliers | 440/4 | €14,363 | €10,482 | -€3,881 | -27.0% |
| Taxes, remuneration and social security | 45 | €2,660 | €324 | -€2,336 | -87.8% |
| Taxes | 450/3 | €377 | €324 | -€53 | -14.1% |
| Remuneration and social security | 454/9 | €2,283 | - | -€2,283 | |
| Other amounts payable | 47/48 | €32,168 | €10,216 | -€21,952 | -68.2% |
| Remuneration, social security and pensions | 62 | €8,700 | - | -€8,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,332 | €1,979 | -€3,354 | -62.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,180 | +€2,180 | |
| Other operating charges | 640/8 | €5,804 | €9,409 | +€3,605 | +62.1% |
| Gross operating margin | 9900 | €3,582 | €35,318 | +€31,736 | +886% |
| Operating profit (loss) | 9901 | -€16,254 | €21,751 | +€38,005 | |
| Financial income | 75/76B | €129 | €385 | +€256 | +199% |
| Recurring financial income | 75 | €129 | €385 | +€256 | +199% |
| Financial charges | 65/66B | €2,399 | €2,018 | -€381 | -15.9% |
| Recurring financial charges | 65 | €2,399 | €2,018 | -€381 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,525 | €20,118 | +€38,642 | |
| Income taxes | 67/77 | €324 | - | -€324 | |
| Profit (loss) for the period | 9904 | -€18,849 | €20,118 | +€38,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,849 | €20,118 | +€38,966 |
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 20 October 2026 via checked.be.