EGMAM: 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.
EGMAM
Largest movements
- Receivables within one year +€37,579
up €37,579 (+2761.1%), from €1,361 to €38,940
of which Trade receivables: +€38,500
- Tangible fixed assets +€23,593
up €23,593 (+6.7%), from €352,189 to €375,782
of which Furniture and vehicles: +€33,028
- Other debts +€36,541
up €36,541 (+11.5%), from €318,403 to €354,944
- Trade debts +€36,213
new in 2025: €36,213
- Profit (loss) carried forward -€7,378
down €7,378 (-3.1%), from -€239,260 to -€246,638
- Current portion of long-term debt +€6,608
up €6,608 (+21.8%), from €30,251 to €36,859
- Debts after one year -€6,124
down €6,124 (-2.7%), from €229,401 to €223,277
- Gross operating margin +€21,107
up €21,107, from -€3,731 to €17,376
- Other operating charges -€5,717
down €5,717 (-59.5%), from €9,611 to €3,894
- Depreciation +€4,484
up €4,484 (+40.8%), from €10,979 to €15,463
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 | €357,792 | €423,300 | +€65,508 | +18.3% |
| Fixed assets | 21/28 | €352,189 | €375,782 | +€23,593 | +6.7% |
| Tangible fixed assets | 22/27 | €352,189 | €375,782 | +€23,593 | +6.7% |
| Land and buildings | 22 | €352,189 | €342,754 | -€9,435 | -2.7% |
| Furniture and vehicles | 24 | - | €33,028 | +€33,028 | |
| Current assets | 29/58 | €5,603 | €47,518 | +€41,915 | +748.1% |
| Amounts receivable within one year | 40/41 | €1,361 | €38,940 | +€37,579 | +2761.1% |
| Trade receivables | 40 | - | €38,500 | +€38,500 | |
| Other amounts receivable | 41 | €1,361 | €440 | -€921 | -67.7% |
| Cash at bank and in hand | 54/58 | €3,042 | €6,463 | +€3,421 | +112.5% |
| Deferred charges and accrued income | 490/1 | €1,200 | €2,115 | +€915 | +76.3% |
| Total equity and liabilities | 10/49 | €357,792 | €423,300 | +€65,508 | +18.3% |
| Equity | 10/15 | -€220,660 | -€228,038 | -€7,378 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,260 | -€246,638 | -€7,378 | -3.1% |
| Amounts payable | 17/49 | €578,452 | €651,338 | +€72,886 | +12.6% |
| Amounts payable after more than one year | 17 | €229,401 | €223,277 | -€6,124 | -2.7% |
| Financial debts | 170/4 | €229,401 | €223,277 | -€6,124 | -2.7% |
| Amounts payable within one year | 42/48 | €348,654 | €428,061 | +€79,407 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €30,251 | €36,859 | +€6,608 | +21.8% |
| Trade debts | 44 | - | €36,213 | +€36,213 | |
| Suppliers | 440/4 | - | €36,213 | +€36,213 | |
| Taxes, remuneration and social security | 45 | - | €45 | +€45 | |
| Taxes | 450/3 | - | €45 | +€45 | |
| Other amounts payable | 47/48 | €318,403 | €354,944 | +€36,541 | +11.5% |
| Accrued charges and deferred income | 492/3 | €397 | - | -€397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,979 | €15,463 | +€4,484 | +40.8% |
| Other operating charges | 640/8 | €9,611 | €3,894 | -€5,717 | -59.5% |
| Gross operating margin | 9900 | -€3,731 | €17,376 | +€21,107 | |
| Operating profit (loss) | 9901 | -€24,321 | -€1,981 | +€22,340 | +91.9% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €5,417 | €5,352 | -€65 | -1.2% |
| Recurring financial charges | 65 | €5,417 | €5,352 | -€65 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€29,723 | -€7,333 | +€22,390 | +75.3% |
| Income taxes | 67/77 | - | €45 | +€45 | |
| Profit (loss) for the period | 9904 | -€29,723 | -€7,378 | +€22,345 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,723 | -€7,378 | +€22,345 | +75.2% |
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 10 October 2026 via checked.be.