EGIMAX: 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.
EGIMAX
Largest movements
- Financial fixed assets +€1.1m
up €1.1m (+181%), from €603,813 to €1.7m
- Cash -€216,126
down €216,126 (-78.2%), from €276,520 to €60,394
mainly Investment in fixed assets (net) (-€1.1m) and Receivables within one year (-€95,656)
- Receivables within one year +€95,656
up €95,656 (+44.7%), from €213,765 to €309,420
of which Other amounts receivable: +€85,656
- Tangible fixed assets -€58,077
down €58,077 (-4.4%), from €1.3m to €1.3m
- Debts after one year +€599,840
up €599,840 (+158%), from €380,646 to €980,486
- Reserves +€221,450
up €221,450 (+19.2%), from €1.2m to €1.4m
of which Distributable reserves: +€221,450
- Current portion of long-term debt +€121,095
up €121,095 (+131%), from €92,590 to €213,684
- Financial charges +€14,528
up €14,528 (+197%), from €7,371 to €21,899
- Other operating charges -€11,404
down €11,404 (-46.0%), from €24,771 to €13,366
- Taxes -€6,512
down €6,512 (-11.0%), from €59,006 to €52,494
- Gross operating margin -€5,517
down €5,517 (-2.0%), from €273,670 to €268,153
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 | €2,539,274 | €3,450,876 | +€911,602 | +35.9% |
| Fixed assets | 21/28 | €1,925,181 | €2,959,019 | +€1.0m | +53.7% |
| Tangible fixed assets | 22/27 | €1,321,368 | €1,263,292 | -€58,077 | -4.4% |
| Land and buildings | 22 | €1,321,368 | €1,263,292 | -€58,077 | -4.4% |
| Financial fixed assets | 28 | €603,813 | €1,695,728 | +€1.1m | +181% |
| Current assets | 29/58 | €614,094 | €491,857 | -€122,237 | -19.9% |
| Amounts receivable after more than one year | 29 | €123,500 | €122,000 | -€1,500 | -1.2% |
| Other amounts receivable | 291 | €123,500 | €122,000 | -€1,500 | -1.2% |
| Amounts receivable within one year | 40/41 | €213,765 | €309,420 | +€95,656 | +44.7% |
| Trade receivables | 40 | €10,000 | €20,000 | +€10,000 | +100% |
| Other amounts receivable | 41 | €203,765 | €289,420 | +€85,656 | +42.0% |
| Cash at bank and in hand | 54/58 | €276,520 | €60,394 | -€216,126 | -78.2% |
| Deferred charges and accrued income | 490/1 | €309 | €42 | -€267 | -86.4% |
| Total equity and liabilities | 10/49 | €2,539,274 | €3,450,876 | +€911,602 | +35.9% |
| Equity | 10/15 | €1,755,042 | €1,976,491 | +€221,450 | +12.6% |
| Contributions | 10/11 | €558,750 | €558,750 | = | 0.0% |
| Reserves | 13 | €1,153,368 | €1,374,818 | +€221,450 | +19.2% |
| Tax-exempt reserves | 132 | €38,950 | €38,950 | = | 0.0% |
| Distributable reserves | 133 | €1,114,418 | €1,335,868 | +€221,450 | +19.9% |
| Profit (loss) carried forward | 14 | €42,924 | €42,924 | = | 0.0% |
| Amounts payable | 17/49 | €784,233 | €1,474,385 | +€690,152 | +88.0% |
| Amounts payable after more than one year | 17 | €380,646 | €980,486 | +€599,840 | +158% |
| Financial debts | 170/4 | €380,646 | €980,486 | +€599,840 | +158% |
| Amounts payable within one year | 42/48 | €403,052 | €493,461 | +€90,409 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €92,590 | €213,684 | +€121,095 | +131% |
| Trade debts | 44 | €11,918 | €8,560 | -€3,358 | -28.2% |
| Suppliers | 440/4 | €11,918 | €8,560 | -€3,358 | -28.2% |
| Taxes, remuneration and social security | 45 | €24,931 | €24,518 | -€413 | -1.7% |
| Taxes | 450/3 | €24,931 | €24,518 | -€413 | -1.7% |
| Other amounts payable | 47/48 | €273,613 | €246,699 | -€26,914 | -9.8% |
| Accrued charges and deferred income | 492/3 | €535 | €438 | -€97 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,827 | €98,551 | -€275 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€420 | -€420 | |
| Other operating charges | 640/8 | €24,771 | €13,366 | -€11,404 | -46.0% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | €273,670 | €268,153 | -€5,517 | -2.0% |
| Operating profit (loss) | 9901 | €150,073 | €146,655 | -€3,418 | -2.3% |
| Financial income | 75/76B | €148,817 | €149,187 | +€371 | +0.2% |
| Recurring financial income | 75 | €148,817 | €149,187 | +€371 | +0.2% |
| Financial charges | 65/66B | €7,371 | €21,899 | +€14,528 | +197% |
| Recurring financial charges | 65 | €7,371 | €21,899 | +€14,528 | +197% |
| Profit (loss) for the period before taxes | 9903 | €291,518 | €273,944 | -€17,575 | -6.0% |
| Income taxes | 67/77 | €59,006 | €52,494 | -€6,512 | -11.0% |
| Profit (loss) for the period | 9904 | €232,512 | €221,450 | -€11,063 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €232,512 | €221,450 | -€11,063 | -4.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.