EGLD: 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.
EGLD
Largest movements
- Stocks and contracts -€35,156
no longer reported in 2025 (was €35,156)
- Receivables within one year +€12,691
up €12,691 (+40.5%), from €31,310 to €44,001
of which Trade receivables: +€15,306
- Tangible fixed assets -€2,967
down €2,967 (-27.0%), from €11,006 to €8,039
of which Furniture and vehicles: -€2,610
- Deferred charges and accrued income -€1,992
no longer reported in 2025 (was €1,992)
- Cash +€1,136
up €1,136 (+135.2%), from €840 to €1,976
mainly Stocks and contracts (+€35,156) and Trade debts (+€4,137)
- Profit (loss) carried forward -€30,477
down €30,477 (-73.4%), from €41,520 to €11,043
- Trade debts +€4,137
up €4,137 (+16.5%), from €25,040 to €29,177
- Purchases and services +€37,059
up €37,059 (+27.4%), from €135,009 to €172,067
- Gross operating margin -€25,925
down €25,925, from €4,527 to -€21,398
- Turnover +€12,782
up €12,782 (+9.3%), from €137,536 to €150,318
- Staff costs +€4,215
up €4,215 (+179.8%), from €2,344 to €6,559
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 | €81,704 | €55,417 | -€26,287 | -32.2% |
| Fixed assets | 21/28 | €12,406 | €9,439 | -€2,967 | -23.9% |
| Tangible fixed assets | 22/27 | €11,006 | €8,039 | -€2,967 | -27.0% |
| Plant, machinery and equipment | 23 | €1,696 | €1,339 | -€357 | -21.1% |
| Furniture and vehicles | 24 | €9,310 | €6,701 | -€2,610 | -28.0% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €69,298 | €45,977 | -€23,321 | -33.7% |
| Stocks and contracts in progress | 3 | €35,156 | - | -€35,156 | |
| Stocks | 30/36 | €35,156 | - | -€35,156 | |
| Amounts receivable within one year | 40/41 | €31,310 | €44,001 | +€12,691 | +40.5% |
| Trade receivables | 40 | €28,695 | €44,001 | +€15,306 | +53.3% |
| Other amounts receivable | 41 | €2,615 | - | -€2,615 | |
| Cash at bank and in hand | 54/58 | €840 | €1,976 | +€1,136 | +135.2% |
| Deferred charges and accrued income | 490/1 | €1,992 | - | -€1,992 | |
| Total equity and liabilities | 10/49 | €81,704 | €55,417 | -€26,287 | -32.2% |
| Equity | 10/15 | €49,575 | €19,098 | -€30,477 | -61.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,520 | €11,043 | -€30,477 | -73.4% |
| Amounts payable | 17/49 | €32,129 | €36,319 | +€4,190 | +13.0% |
| Amounts payable within one year | 42/48 | €32,129 | €36,319 | +€4,190 | +13.0% |
| Trade debts | 44 | €25,040 | €29,177 | +€4,137 | +16.5% |
| Suppliers | 440/4 | €25,040 | €29,177 | +€4,137 | +16.5% |
| Taxes, remuneration and social security | 45 | €5,359 | €5,985 | +€627 | +11.7% |
| Taxes | 450/3 | €1,949 | €236 | -€1,713 | -87.9% |
| Remuneration and social security | 454/9 | €3,409 | €5,749 | +€2,340 | +68.6% |
| Other amounts payable | 47/48 | €1,730 | €1,156 | -€573 | -33.2% |
| Turnover | 70 | €137,536 | €150,318 | +€12,782 | +9.3% |
| Non-recurring operating income | 76A | €2,000 | €351 | -€1,649 | -82.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €135,009 | €172,067 | +€37,059 | +27.4% |
| Remuneration, social security and pensions | 62 | €2,344 | €6,559 | +€4,215 | +179.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,823 | €2,967 | +€1,143 | +62.7% |
| Other operating charges | 640/8 | €216 | €351 | +€135 | +62.4% |
| Non-recurring operating charges | 66A | - | €346 | +€346 | |
| Gross operating margin | 9900 | €4,527 | -€21,398 | -€25,925 | |
| Operating profit (loss) | 9901 | €144 | -€31,620 | -€31,765 | |
| Financial income | 75/76B | €349 | €1,447 | +€1,098 | +314.8% |
| Recurring financial income | 75 | €349 | €1,447 | +€1,098 | +314.8% |
| Financial charges | 65/66B | €50 | €91 | +€40 | +79.7% |
| Recurring financial charges | 65 | €50 | €91 | +€40 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | €443 | -€30,264 | -€30,707 | |
| Income taxes | 67/77 | €296 | €213 | -€83 | -28.1% |
| Profit (loss) for the period | 9904 | €147 | -€30,477 | -€30,624 | |
| Profit (loss) for the period to be appropriated | 9905 | €147 | -€30,477 | -€30,624 |
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 11 October 2026 via checked.be.