EGO: 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.
EGO
Largest movements
- Receivables within one year +€97,912
up €97,912 (+18.7%), from €522,445 to €620,357
of which Other amounts receivable: +€112,762
- Tangible fixed assets -€32,201
down €32,201 (-7.4%), from €437,469 to €405,268
of which Furniture and vehicles: -€26,378
- Cash -€16,354
down €16,354 (-10.1%), from €162,231 to €145,877
mainly Receivables within one year (-€97,912) and Trade debts (-€30,702)
- Reserves +€100,000
up €100,000 (+7.5%), from €1.3m to €1.4m
of which Distributable reserves: +€100,000
- Trade debts -€30,702
down €30,702 (-99.9%), from €30,719 to €17
- Financial income -€106,994
down €106,994 (-89.8%), from €119,080 to €12,087
- Depreciation +€12,526
up €12,526 (+55.8%), from €22,454 to €34,980
- Gross operating margin -€12,481
down €12,481 (-7.5%), from €167,405 to €154,924
- Taxes -€5,607
down €5,607 (-15.8%), from €35,519 to €29,912
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 | €1,424,864 | €1,482,652 | +€57,787 | +4.1% |
| Fixed assets | 21/28 | €740,189 | €707,988 | -€32,201 | -4.4% |
| Tangible fixed assets | 22/27 | €437,469 | €405,268 | -€32,201 | -7.4% |
| Land and buildings | 22 | €318,379 | €313,198 | -€5,180 | -1.6% |
| Plant, machinery and equipment | 23 | €1,219 | €577 | -€643 | -52.7% |
| Furniture and vehicles | 24 | €117,871 | €91,493 | -€26,378 | -22.4% |
| Financial fixed assets | 28 | €302,720 | €302,720 | = | 0.0% |
| Current assets | 29/58 | €684,676 | €774,664 | +€89,988 | +13.1% |
| Amounts receivable within one year | 40/41 | €522,445 | €620,357 | +€97,912 | +18.7% |
| Trade receivables | 40 | €14,850 | - | -€14,850 | |
| Other amounts receivable | 41 | €507,595 | €620,357 | +€112,762 | +22.2% |
| Cash at bank and in hand | 54/58 | €162,231 | €145,877 | -€16,354 | -10.1% |
| Deferred charges and accrued income | 490/1 | - | €8,430 | +€8,430 | |
| Total equity and liabilities | 10/49 | €1,424,864 | €1,482,652 | +€57,787 | +4.1% |
| Equity | 10/15 | €1,374,228 | €1,461,777 | +€87,548 | +6.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,337,473 | €1,437,473 | +€100,000 | +7.5% |
| Tax-exempt reserves | 132 | €473 | €473 | = | 0.0% |
| Distributable reserves | 133 | €1,337,000 | €1,437,000 | +€100,000 | +7.5% |
| Profit (loss) carried forward | 14 | €16,755 | €4,304 | -€12,452 | -74.3% |
| Amounts payable | 17/49 | €50,636 | €20,875 | -€29,761 | -58.8% |
| Amounts payable within one year | 42/48 | €32,200 | €16,875 | -€15,325 | -47.6% |
| Financial debts | 43 | - | €4,582 | +€4,582 | |
| Credit institutions | 430/8 | - | €4,582 | +€4,582 | |
| Trade debts | 44 | €30,719 | €17 | -€30,702 | -99.9% |
| Suppliers | 440/4 | €30,719 | €17 | -€30,702 | -99.9% |
| Taxes, remuneration and social security | 45 | €706 | €2,862 | +€2,157 | +305.7% |
| Taxes | 450/3 | €706 | €1,821 | +€1,116 | +158.1% |
| Remuneration and social security | 454/9 | - | €1,041 | +€1,041 | |
| Other amounts payable | 47/48 | €775 | €9,413 | +€8,638 | +1114.3% |
| Accrued charges and deferred income | 492/3 | €18,436 | €4,000 | -€14,436 | -78.3% |
| Non-recurring operating income | 76A | €18,455 | - | -€18,455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,454 | €34,980 | +€12,526 | +55.8% |
| Other operating charges | 640/8 | €12,955 | €13,280 | +€325 | +2.5% |
| Gross operating margin | 9900 | €167,405 | €154,924 | -€12,481 | -7.5% |
| Operating profit (loss) | 9901 | €131,996 | €106,664 | -€25,332 | -19.2% |
| Financial income | 75/76B | €119,080 | €12,087 | -€106,994 | -89.8% |
| Recurring financial income | 75 | €119,080 | €12,087 | -€106,994 | -89.8% |
| Financial charges | 65/66B | €1,190 | €1,291 | +€100 | +8.4% |
| Recurring financial charges | 65 | €1,190 | €1,291 | +€100 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €249,886 | €117,460 | -€132,426 | -53.0% |
| Income taxes | 67/77 | €35,519 | €29,912 | -€5,607 | -15.8% |
| Profit (loss) for the period | 9904 | €214,367 | €87,548 | -€126,819 | -59.2% |
| Transfer to tax-exempt reserves | 689 | €102 | - | -€102 | |
| Profit (loss) for the period to be appropriated | 9905 | €214,265 | €87,548 | -€126,716 | -59.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.