EGN: 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.
EGN
Largest movements
- Receivables within one year -€22,101
down €22,101 (-91.2%), from €24,243 to €2,142
- Cash +€7,144
up €7,144 (+31.4%), from €22,739 to €29,883
mainly Net result for the year (+€62,745) and Receivables within one year (+€22,101)
- Deferred charges and accrued income +€4,577
up €4,577 (+27.6%), from €16,606 to €21,183
- Tangible fixed assets -€1,484
down €1,484 (-15.8%), from €9,408 to €7,924
of which Plant, machinery and equipment: -€816
- Other debts -€15,772
down €15,772 (-26.7%), from €59,106 to €43,334
- Tax, wage and social debts +€2,103
up €2,103 (+35.1%), from €6,000 to €8,103
- Trade debts +€1,805
up €1,805 (+2201.5%), from €82 to €1,887
- Gross operating margin +€5,001
up €5,001 (+6.3%), from €79,104 to €84,104
- Taxes +€890
up €890 (+5.8%), from €15,301 to €16,191
- Financial income -€859
down €859 (-76.9%), from €1,117 to €258
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 | €142,995 | €131,131 | -€11,864 | -8.3% |
| Fixed assets | 21/28 | €9,408 | €7,924 | -€1,484 | -15.8% |
| Tangible fixed assets | 22/27 | €9,408 | €7,924 | -€1,484 | -15.8% |
| Plant, machinery and equipment | 23 | €7,317 | €6,500 | -€816 | -11.2% |
| Furniture and vehicles | 24 | €2,091 | €1,424 | -€667 | -31.9% |
| Current assets | 29/58 | €133,588 | €123,207 | -€10,380 | -7.8% |
| Amounts receivable within one year | 40/41 | €24,243 | €2,142 | -€22,101 | -91.2% |
| Other amounts receivable | 41 | €24,243 | €2,142 | -€22,101 | -91.2% |
| Current investments | 50/53 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,739 | €29,883 | +€7,144 | +31.4% |
| Deferred charges and accrued income | 490/1 | €16,606 | €21,183 | +€4,577 | +27.6% |
| Total equity and liabilities | 10/49 | €142,995 | €131,131 | -€11,864 | -8.3% |
| Equity | 10/15 | €77,807 | €77,807 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €77,707 | €77,707 | = | 0.0% |
| Distributable reserves | 133 | €77,707 | €77,707 | = | 0.0% |
| Amounts payable | 17/49 | €65,188 | €53,324 | -€11,864 | -18.2% |
| Amounts payable within one year | 42/48 | €65,188 | €53,324 | -€11,864 | -18.2% |
| Trade debts | 44 | €82 | €1,887 | +€1,805 | +2201.5% |
| Suppliers | 440/4 | €82 | €1,887 | +€1,805 | +2201.5% |
| Taxes, remuneration and social security | 45 | €6,000 | €8,103 | +€2,103 | +35.1% |
| Taxes | 450/3 | €6,000 | €8,103 | +€2,103 | +35.1% |
| Other amounts payable | 47/48 | €59,106 | €43,334 | -€15,772 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,865 | €1,484 | -€381 | -20.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €79,104 | €84,104 | +€5,001 | +6.3% |
| Operating profit (loss) | 9901 | €76,852 | €82,220 | +€5,369 | +7.0% |
| Financial income | 75/76B | €1,117 | €258 | -€859 | -76.9% |
| Recurring financial income | 75 | €1,117 | €258 | -€859 | -76.9% |
| Financial charges | 65/66B | €3,562 | €3,542 | -€20 | -0.6% |
| Recurring financial charges | 65 | €3,562 | €3,542 | -€20 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €74,407 | €78,937 | +€4,529 | +6.1% |
| Income taxes | 67/77 | €15,301 | €16,191 | +€890 | +5.8% |
| Profit (loss) for the period | 9904 | €59,106 | €62,745 | +€3,639 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,106 | €62,745 | +€3,639 | +6.2% |
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 30 September 2026 via checked.be.