EGMO: 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.
EGMO
Largest movements
- Receivables within one year +€28,393
up €28,393 (+12625.1%), from €225 to €28,618
of which Trade receivables: +€27,683
- Cash +€14,726
new in 2023: €14,726
mainly Trade debts (+€31,807) and Net result for the year (+€4,943)
- Tangible fixed assets +€862
new in 2023: €862
- Trade debts +€31,807
up €31,807 (+21205.0%), from €150 to €31,957
- Profit (loss) carried forward +€4,943
up €4,943, from -€0 to €4,943
- Tax, wage and social debts +€4,158
up €4,158 (+13130.3%), from €32 to €4,190
- Other debts +€3,131
up €3,131 (+908.3%), from €345 to €3,475
- Gross operating margin +€8,070
up €8,070 (+7334.0%), from €110 to €8,180
- Taxes +€1,931
new in 2023: €1,931
- Other operating charges +€827
new in 2023: €827
- Financial charges +€288
up €288 (+775.1%), from €37 to €325
- Depreciation +€154
new in 2023: €154
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €646 | €44,686 | +€44,040 | +6818.5% |
| Fixed assets | 21/28 | €421 | €1,283 | +€862 | +204.7% |
| Tangible fixed assets | 22/27 | - | €862 | +€862 | |
| Furniture and vehicles | 24 | - | €862 | +€862 | |
| Financial fixed assets | 28 | €421 | €421 | = | 0.0% |
| Current assets | 29/58 | €225 | €43,403 | +€43,178 | +19199.5% |
| Amounts receivable within one year | 40/41 | €225 | €28,618 | +€28,393 | +12625.1% |
| Trade receivables | 40 | €182 | €27,865 | +€27,683 | +15252.6% |
| Other amounts receivable | 41 | €43 | €753 | +€709 | +1634.7% |
| Cash at bank and in hand | 54/58 | - | €14,726 | +€14,726 | |
| Deferred charges and accrued income | 490/1 | - | €59 | +€59 | |
| Total equity and liabilities | 10/49 | €646 | €44,686 | +€44,040 | +6818.5% |
| Equity | 10/15 | €120 | €5,063 | +€4,943 | +4135.2% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€0 | €4,943 | +€4,943 | |
| Amounts payable | 17/49 | €526 | €39,623 | +€39,097 | +7427.9% |
| Amounts payable within one year | 42/48 | €526 | €39,623 | +€39,097 | +7427.9% |
| Trade debts | 44 | €150 | €31,957 | +€31,807 | +21205.0% |
| Suppliers | 440/4 | €150 | €31,957 | +€31,807 | +21205.0% |
| Taxes, remuneration and social security | 45 | €32 | €4,190 | +€4,158 | +13130.3% |
| Taxes | 450/3 | €32 | €4,190 | +€4,158 | +13130.3% |
| Other amounts payable | 47/48 | €345 | €3,475 | +€3,131 | +908.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €154 | +€154 | |
| Other operating charges | 640/8 | - | €827 | +€827 | |
| Gross operating margin | 9900 | €110 | €8,180 | +€8,070 | +7334.0% |
| Operating profit (loss) | 9901 | €110 | €7,199 | +€7,089 | +6443.1% |
| Financial charges | 65/66B | €37 | €325 | +€288 | +775.1% |
| Recurring financial charges | 65 | €37 | €325 | +€288 | +775.1% |
| Profit (loss) for the period before taxes | 9903 | €73 | €6,874 | +€6,801 | +9332.2% |
| Income taxes | 67/77 | - | €1,931 | +€1,931 | |
| Profit (loss) for the period | 9904 | €73 | €4,943 | +€4,870 | +6682.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73 | €4,943 | +€4,870 | +6682.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.