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
- Intangible fixed assets -€6,000
down €6,000 (-13.6%), from €44,000 to €38,000
- Cash +€3,241
up €3,241 (+29.9%), from €10,846 to €14,087
mainly Depreciation (+€6,278) and Other debts (+€3,952)
- Stocks and contracts +€2,532
new in 2025: €2,532
- Tax, wage and social debts -€4,253
down €4,253 (-29.0%), from €14,689 to €10,436
of which Remuneration and social security: -€4,066
- Other debts +€3,952
up €3,952 (+10.5%), from €37,568 to €41,520
- Trade debts -€973
down €973 (-66.1%), from €1,473 to €500
- Gross operating margin -€12,088
down €12,088 (-15.1%), from €80,226 to €68,138
- Staff costs +€3,732
up €3,732 (+6.5%), from €57,077 to €60,809
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 | €56,143 | €55,389 | -€754 | -1.3% |
| Fixed assets | 21/28 | €45,048 | €38,770 | -€6,278 | -13.9% |
| Intangible fixed assets | 21 | €44,000 | €38,000 | -€6,000 | -13.6% |
| Tangible fixed assets | 22/27 | €928 | €650 | -€278 | -30.0% |
| Furniture and vehicles | 24 | €928 | €650 | -€278 | -30.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €11,095 | €16,619 | +€5,524 | +49.8% |
| Stocks and contracts in progress | 3 | - | €2,532 | +€2,532 | |
| Stocks | 30/36 | - | €2,532 | +€2,532 | |
| Amounts receivable within one year | 40/41 | €248 | - | -€248 | |
| Other amounts receivable | 41 | €248 | - | -€248 | |
| Cash at bank and in hand | 54/58 | €10,846 | €14,087 | +€3,241 | +29.9% |
| Total equity and liabilities | 10/49 | €56,143 | €55,389 | -€754 | -1.3% |
| Equity | 10/15 | €2,413 | €2,933 | +€521 | +21.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €413 | €933 | +€521 | +126.1% |
| Amounts payable | 17/49 | €53,730 | €52,455 | -€1,275 | -2.4% |
| Amounts payable within one year | 42/48 | €53,730 | €52,455 | -€1,275 | -2.4% |
| Trade debts | 44 | €1,473 | €500 | -€973 | -66.1% |
| Suppliers | 440/4 | €1,473 | €500 | -€973 | -66.1% |
| Taxes, remuneration and social security | 45 | €14,689 | €10,436 | -€4,253 | -29.0% |
| Taxes | 450/3 | €7,226 | €7,039 | -€187 | -2.6% |
| Remuneration and social security | 454/9 | €7,463 | €3,397 | -€4,066 | -54.5% |
| Other amounts payable | 47/48 | €37,568 | €41,520 | +€3,952 | +10.5% |
| Remuneration, social security and pensions | 62 | €57,077 | €60,809 | +€3,732 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,278 | €6,278 | = | 0.0% |
| Other operating charges | 640/8 | €353 | - | -€353 | |
| Gross operating margin | 9900 | €80,226 | €68,138 | -€12,088 | -15.1% |
| Operating profit (loss) | 9901 | €16,518 | €1,051 | -€15,467 | -93.6% |
| Financial charges | 65/66B | €226 | €367 | +€141 | +62.6% |
| Recurring financial charges | 65 | €226 | €367 | +€141 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | €16,292 | €683 | -€15,608 | -95.8% |
| Income taxes | 67/77 | €449 | €163 | -€286 | -63.7% |
| Profit (loss) for the period | 9904 | €15,843 | €521 | -€15,322 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,843 | €521 | -€15,322 | -96.7% |
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 3 October 2026 via checked.be.