EGLADAK: 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.
EGLADAK
Largest movements
- Receivables within one year -€68,683
down €68,683 (-83.2%), from €82,556 to €13,873
of which Trade receivables: -€63,202
- Deferred charges and accrued income +€48,623
new in 2025: €48,623
- Cash +€23,809
up €23,809 (+191%), from €12,475 to €36,285
mainly Net result for the year (+€69,584) and Receivables within one year (+€68,683)
- Tangible fixed assets -€9,919
down €9,919 (-13.2%), from €75,084 to €65,164
of which Land and buildings: -€18,158
- Other debts -€8,732
down €8,732 (-43.7%), from €20,000 to €11,268
- Reserves +€5,770
up €5,770 (+3.5%), from €164,320 to €170,090
- Tax, wage and social debts -€3,263
down €3,263 (-15.4%), from €21,181 to €17,918
of which Taxes: -€5,563
- Gross operating margin +€20,566
up €20,566 (+21.1%), from €97,367 to €117,932
- Taxes +€10,967
up €10,967 (+45.4%), from €24,160 to €35,126
- Depreciation -€2,441
down €2,441 (-19.7%), from €12,360 to €9,919
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 | €225,615 | €219,446 | -€6,169 | -2.7% |
| Fixed assets | 21/28 | €75,084 | €65,164 | -€9,919 | -13.2% |
| Tangible fixed assets | 22/27 | €75,084 | €65,164 | -€9,919 | -13.2% |
| Land and buildings | 22 | €38,158 | €20,000 | -€18,158 | -47.6% |
| Furniture and vehicles | 24 | €36,925 | €27,006 | -€9,919 | -26.9% |
| Other tangible fixed assets | 26 | - | €18,158 | +€18,158 | |
| Current assets | 29/58 | €150,531 | €154,281 | +€3,750 | +2.5% |
| Amounts receivable after more than one year | 29 | €55,500 | €55,500 | = | 0.0% |
| Other amounts receivable | 291 | €55,500 | €55,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,556 | €13,873 | -€68,683 | -83.2% |
| Trade receivables | 40 | €66,332 | €3,131 | -€63,202 | -95.3% |
| Other amounts receivable | 41 | €16,224 | €10,743 | -€5,481 | -33.8% |
| Cash at bank and in hand | 54/58 | €12,475 | €36,285 | +€23,809 | +191% |
| Deferred charges and accrued income | 490/1 | - | €48,623 | +€48,623 | |
| Total equity and liabilities | 10/49 | €225,615 | €219,446 | -€6,169 | -2.7% |
| Equity | 10/15 | €183,283 | €189,053 | +€5,770 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €164,320 | €170,090 | +€5,770 | +3.5% |
| Distributable reserves | 133 | €164,320 | €170,090 | +€5,770 | +3.5% |
| Profit (loss) carried forward | 14 | €371 | €371 | = | 0.0% |
| Amounts payable | 17/49 | €42,332 | €30,393 | -€11,940 | -28.2% |
| Amounts payable within one year | 42/48 | €42,332 | €30,393 | -€11,940 | -28.2% |
| Trade debts | 44 | €1,151 | €1,206 | +€56 | +4.8% |
| Suppliers | 440/4 | €1,151 | €1,206 | +€56 | +4.8% |
| Taxes, remuneration and social security | 45 | €21,181 | €17,918 | -€3,263 | -15.4% |
| Taxes | 450/3 | €21,181 | €15,618 | -€5,563 | -26.3% |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €20,000 | €11,268 | -€8,732 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,360 | €9,919 | -€2,441 | -19.7% |
| Other operating charges | 640/8 | €1,184 | €681 | -€503 | -42.5% |
| Gross operating margin | 9900 | €97,367 | €117,932 | +€20,566 | +21.1% |
| Operating profit (loss) | 9901 | €83,823 | €107,333 | +€23,510 | +28.0% |
| Financial income | 75/76B | €564 | - | -€564 | |
| Recurring financial income | 75 | €357 | - | -€357 | |
| Non-recurring financial income | 76B | €207 | - | -€207 | |
| Financial charges | 65/66B | €2,081 | €2,623 | +€542 | +26.1% |
| Recurring financial charges | 65 | €2,081 | €2,623 | +€542 | +26.1% |
| Profit (loss) for the period before taxes | 9903 | €82,306 | €104,710 | +€22,404 | +27.2% |
| Income taxes | 67/77 | €24,160 | €35,126 | +€10,967 | +45.4% |
| Profit (loss) for the period | 9904 | €58,146 | €69,584 | +€11,437 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,146 | €69,584 | +€11,437 | +19.7% |
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 14 October 2026 via checked.be.