EGLC: what changed
Two fiscal 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.
EGLC
Largest movements
- Cash +€60,619
up €60,619 (+354.8%), from €17,084 to €77,703
mainly Net result for the year (+€62,846) and Tax, wage and social debts (+€17,328)
- Receivables within one year +€11,456
up €11,456 (+55.0%), from €20,836 to €32,292
of which Other amounts receivable: +€15,011
- Tangible fixed assets +€1,652
up €1,652 (+45.6%), from €3,621 to €5,273
of which Furniture and vehicles: +€3,059
- Reserves +€61,970
up €61,970 (+406.2%), from €15,256 to €77,226
- Tax, wage and social debts +€17,328
up €17,328 (+123.3%), from €14,049 to €31,377
- Trade debts -€8,679
no longer reported in 2025 (was €8,679)
- Other debts +€2,214
up €2,214 (+110.8%), from €1,999 to €4,213
- Gross operating margin +€68,954
up €68,954 (+300.8%), from €22,927 to €91,881
- Taxes +€19,902
up €19,902 (+307.1%), from €6,481 to €26,383
- Depreciation +€2,152
up €2,152 (+964.6%), from €223 to €2,375
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.
Cash bridge derived
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 | €42,482 | €115,406 | +€72,924 | +171.7% |
| Formation expenses | 20 | €664 | €0 | -€664 | -100.0% |
| Fixed assets | 21/28 | €3,621 | €5,273 | +€1,652 | +45.6% |
| Tangible fixed assets | 22/27 | €3,621 | €5,273 | +€1,652 | +45.6% |
| Plant, machinery and equipment | 23 | €3,241 | €1,834 | -€1,407 | -43.4% |
| Furniture and vehicles | 24 | €380 | €3,439 | +€3,059 | +804.4% |
| Current assets | 29/58 | €38,197 | €110,133 | +€71,936 | +188.3% |
| Amounts receivable within one year | 40/41 | €20,836 | €32,292 | +€11,456 | +55.0% |
| Trade receivables | 40 | €20,836 | €17,281 | -€3,555 | -17.1% |
| Other amounts receivable | 41 | - | €15,011 | +€15,011 | |
| Cash at bank and in hand | 54/58 | €17,084 | €77,703 | +€60,619 | +354.8% |
| Deferred charges and accrued income | 490/1 | €277 | €139 | -€138 | -49.9% |
| Total equity and liabilities | 10/49 | €42,482 | €115,406 | +€72,924 | +171.7% |
| Equity | 10/15 | €17,756 | €79,726 | +€61,970 | +349.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,256 | €77,226 | +€61,970 | +406.2% |
| Distributable reserves | 133 | €15,256 | €77,226 | +€61,970 | +406.2% |
| Amounts payable | 17/49 | €24,727 | €35,680 | +€10,953 | +44.3% |
| Amounts payable within one year | 42/48 | €24,727 | €35,590 | +€10,864 | +43.9% |
| Trade debts | 44 | €8,679 | - | -€8,679 | |
| Suppliers | 440/4 | €8,679 | - | -€8,679 | |
| Taxes, remuneration and social security | 45 | €14,049 | €31,377 | +€17,328 | +123.3% |
| Taxes | 450/3 | €14,049 | €31,377 | +€17,328 | +123.3% |
| Other amounts payable | 47/48 | €1,999 | €4,213 | +€2,214 | +110.8% |
| Accrued charges and deferred income | 492/3 | - | €90 | +€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €2,375 | +€2,152 | +964.6% |
| Other operating charges | 640/8 | €50 | €209 | +€159 | +318.0% |
| Gross operating margin | 9900 | €22,927 | €91,881 | +€68,954 | +300.8% |
| Operating profit (loss) | 9901 | €22,653 | €89,297 | +€66,643 | +294.2% |
| Financial charges | 65/66B | €12 | €67 | +€55 | +449.4% |
| Recurring financial charges | 65 | €12 | €67 | +€55 | +449.4% |
| Profit (loss) for the period before taxes | 9903 | €22,641 | €89,230 | +€66,589 | +294.1% |
| Income taxes | 67/77 | €6,481 | €26,383 | +€19,902 | +307.1% |
| Profit (loss) for the period | 9904 | €16,160 | €62,846 | +€46,687 | +288.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,160 | €62,846 | +€46,687 | +288.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.