EGILABO: 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.
EGILABO
Largest movements
- Tangible fixed assets -€39,776
down €39,776 (-14.2%), from €279,164 to €239,388
of which Leasing and similar rights: -€21,110
- Receivables within one year -€24,022
down €24,022 (-11.0%), from €218,845 to €194,822
of which Trade receivables: -€18,691
- Cash -€13,019
down €13,019 (-12.0%), from €108,504 to €95,485
mainly Other debts (-€45,000) and Debts after one year (-€39,312)
- Other debts -€45,000
down €45,000 (-64.3%), from €70,000 to €25,000
- Debts after one year -€39,312
down €39,312 (-58.5%), from €67,236 to €27,924
- Tax, wage and social debts +€9,394
up €9,394 (+18.8%), from €50,090 to €59,484
of which Remuneration and social security: +€9,179
- Gross operating margin -€42,000
down €42,000 (-12.0%), from €349,676 to €307,677
- Staff costs +€7,837
up €7,837 (+3.7%), from €212,213 to €220,050
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 | €914,530 | €830,359 | -€84,170 | -9.2% |
| Fixed assets | 21/28 | €279,164 | €239,388 | -€39,776 | -14.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €279,164 | €239,388 | -€39,776 | -14.2% |
| Land and buildings | 22 | €202,932 | €181,995 | -€20,937 | -10.3% |
| Plant, machinery and equipment | 23 | €5,548 | €4,043 | -€1,505 | -27.1% |
| Furniture and vehicles | 24 | €994 | €4,770 | +€3,776 | +380% |
| Leasing and similar rights | 25 | €69,690 | €48,580 | -€21,110 | -30.3% |
| Current assets | 29/58 | €635,366 | €590,971 | -€44,395 | -7.0% |
| Stocks and contracts in progress | 3 | €286,375 | €281,276 | -€5,100 | -1.8% |
| Stocks | 30/36 | €286,375 | €281,276 | -€5,100 | -1.8% |
| Amounts receivable within one year | 40/41 | €218,845 | €194,822 | -€24,022 | -11.0% |
| Trade receivables | 40 | €210,233 | €191,542 | -€18,691 | -8.9% |
| Other amounts receivable | 41 | €8,611 | €3,280 | -€5,331 | -61.9% |
| Current investments | 50/53 | €10,797 | €10,797 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,504 | €95,485 | -€13,019 | -12.0% |
| Deferred charges and accrued income | 490/1 | €10,845 | €8,592 | -€2,253 | -20.8% |
| Total equity and liabilities | 10/49 | €914,530 | €830,359 | -€84,170 | -9.2% |
| Equity | 10/15 | €653,040 | €653,306 | +€266 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €591,040 | €591,306 | +€266 | 0.0% |
| Tax-exempt reserves | 132 | €49,500 | €49,500 | = | 0.0% |
| Distributable reserves | 133 | €541,540 | €541,806 | +€266 | 0.0% |
| Amounts payable | 17/49 | €261,490 | €177,054 | -€84,436 | -32.3% |
| Amounts payable after more than one year | 17 | €67,236 | €27,924 | -€39,312 | -58.5% |
| Financial debts | 170/4 | €67,236 | €27,924 | -€39,312 | -58.5% |
| Amounts payable within one year | 42/48 | €194,169 | €148,957 | -€45,212 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €37,808 | €39,312 | +€1,505 | +4.0% |
| Financial debts | 43 | €3,612 | - | -€3,612 | |
| Credit institutions | 430/8 | €3,612 | - | -€3,612 | |
| Trade debts | 44 | €29,448 | €25,161 | -€4,288 | -14.6% |
| Suppliers | 440/4 | €29,448 | €25,161 | -€4,288 | -14.6% |
| Advances received on contracts in progress | 46 | €3,210 | - | -€3,210 | |
| Taxes, remuneration and social security | 45 | €50,090 | €59,484 | +€9,394 | +18.8% |
| Taxes | 450/3 | €19,037 | €19,252 | +€215 | +1.1% |
| Remuneration and social security | 454/9 | €31,053 | €40,232 | +€9,179 | +29.6% |
| Other amounts payable | 47/48 | €70,000 | €25,000 | -€45,000 | -64.3% |
| Accrued charges and deferred income | 492/3 | €85 | €173 | +€88 | +103% |
| Remuneration, social security and pensions | 62 | €212,213 | €220,050 | +€7,837 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,571 | €45,350 | -€220 | -0.5% |
| Other operating charges | 640/8 | €5,962 | €5,404 | -€559 | -9.4% |
| Gross operating margin | 9900 | €349,676 | €307,677 | -€42,000 | -12.0% |
| Operating profit (loss) | 9901 | €85,930 | €36,873 | -€49,057 | -57.1% |
| Financial income | 75/76B | €3,419 | €3,933 | +€515 | +15.1% |
| Recurring financial income | 75 | €3,419 | €3,933 | +€515 | +15.1% |
| Financial charges | 65/66B | €6,550 | €4,798 | -€1,752 | -26.7% |
| Recurring financial charges | 65 | €6,550 | €4,798 | -€1,752 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €82,799 | €36,008 | -€46,791 | -56.5% |
| Income taxes | 67/77 | €12,788 | €10,742 | -€2,046 | -16.0% |
| Profit (loss) for the period | 9904 | €70,011 | €25,266 | -€44,745 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,011 | €25,266 | -€44,745 | -63.9% |
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 25 October 2026 via checked.be.