EGISAN: 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.
EGISAN
Largest movements
- Tangible fixed assets -€43,571
down €43,571 (-17.5%), from €249,434 to €205,863
of which Furniture and vehicles: -€25,533
- Receivables within one year -€34,079
down €34,079 (-16.2%), from €210,754 to €176,675
of which Trade receivables: -€18,997
- Profit (loss) carried forward -€77,644
new in 2024: -€77,644
- Trade debts -€37,662
down €37,662 (-94.1%), from €40,020 to €2,358
- Accrued charges and deferred income +€37,592
up €37,592 (+75.7%), from €49,633 to €87,225
- Other debts +€34,553
up €34,553 (+1223.6%), from €2,824 to €37,377
- Debts after one year -€22,555
down €22,555 (-73.8%), from €30,572 to €8,017
- Gross operating margin -€81,810
down €81,810, from €50,364 to -€31,447
- Depreciation -€2,859
down €2,859 (-6.3%), from €45,674 to €42,815
- Taxes -€2,756
down €2,756 (-92.3%), from €2,986 to €231
- Financial charges -€2,555
down €2,555 (-58.8%), from €4,344 to €1,789
- Other operating charges +€1,918
up €1,918 (+27.9%), from €6,888 to €8,806
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,851 | €390,191 | -€75,659 | -16.2% |
| Fixed assets | 21/28 | €255,037 | €211,466 | -€43,571 | -17.1% |
| Tangible fixed assets | 22/27 | €249,434 | €205,863 | -€43,571 | -17.5% |
| Land and buildings | 22 | €160,883 | €153,492 | -€7,391 | -4.6% |
| Plant, machinery and equipment | 23 | €43,513 | €32,866 | -€10,647 | -24.5% |
| Furniture and vehicles | 24 | €45,038 | €19,505 | -€25,533 | -56.7% |
| Financial fixed assets | 28 | €5,603 | €5,603 | = | 0.0% |
| Current assets | 29/58 | €210,814 | €178,725 | -€32,088 | -15.2% |
| Amounts receivable within one year | 40/41 | €210,754 | €176,675 | -€34,079 | -16.2% |
| Trade receivables | 40 | €137,047 | €118,050 | -€18,997 | -13.9% |
| Other amounts receivable | 41 | €73,706 | €58,625 | -€15,082 | -20.5% |
| Cash at bank and in hand | 54/58 | €60 | €2,050 | +€1,990 | +3303.1% |
| Total equity and liabilities | 10/49 | €465,851 | €390,191 | -€75,659 | -16.2% |
| Equity | 10/15 | €293,263 | €204,088 | -€89,175 | -30.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €231,290 | €219,758 | -€11,531 | -5.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €121,374 | €109,842 | -€11,531 | -9.5% |
| Distributable reserves | 133 | €103,718 | €103,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€77,644 | -€77,644 | |
| Provisions and deferred taxes | 16 | €30,343 | €27,461 | -€2,883 | -9.5% |
| Deferred taxes | 168 | €30,343 | €27,461 | -€2,883 | -9.5% |
| Amounts payable | 17/49 | €142,244 | €158,643 | +€16,399 | +11.5% |
| Amounts payable after more than one year | 17 | €30,572 | €8,017 | -€22,555 | -73.8% |
| Financial debts | 170/4 | €30,572 | €8,017 | -€22,555 | -73.8% |
| Amounts payable within one year | 42/48 | €62,039 | €63,401 | +€1,361 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €14,480 | €19,067 | +€4,587 | +31.7% |
| Trade debts | 44 | €40,020 | €2,358 | -€37,662 | -94.1% |
| Suppliers | 440/4 | €40,020 | €2,358 | -€37,662 | -94.1% |
| Taxes, remuneration and social security | 45 | €4,716 | €4,599 | -€117 | -2.5% |
| Taxes | 450/3 | €4,716 | €4,599 | -€117 | -2.5% |
| Other amounts payable | 47/48 | €2,824 | €37,377 | +€34,553 | +1223.6% |
| Accrued charges and deferred income | 492/3 | €49,633 | €87,225 | +€37,592 | +75.7% |
| Non-recurring operating income | 76A | - | €1,448 | +€1,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,674 | €42,815 | -€2,859 | -6.3% |
| Other operating charges | 640/8 | €6,888 | €8,806 | +€1,918 | +27.9% |
| Non-recurring operating charges | 66A | - | €6,971 | +€6,971 | |
| Gross operating margin | 9900 | €50,364 | -€31,447 | -€81,810 | |
| Operating profit (loss) | 9901 | -€2,198 | -€90,038 | -€87,841 | -3996.5% |
| Financial charges | 65/66B | €4,344 | €1,789 | -€2,555 | -58.8% |
| Recurring financial charges | 65 | €4,344 | €1,789 | -€2,555 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,542 | -€91,827 | -€85,285 | -1303.7% |
| Transfer from deferred taxes | 780 | €3,000 | €2,883 | -€117 | -3.9% |
| Income taxes | 67/77 | €2,986 | €231 | -€2,756 | -92.3% |
| Profit (loss) for the period | 9904 | -€6,528 | -€89,175 | -€82,647 | -1266.0% |
| Transfer from tax-exempt reserves | 789 | €12,000 | €11,531 | -€468 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,471 | -€77,644 | -€83,115 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.