EGOBRI: 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.
EGOBRI
Largest movements
- Stocks and contracts -€38,011
down €38,011 (-16.4%), from €232,344 to €194,333
- Cash +€32,421
up €32,421 (+103%), from €31,495 to €63,916
mainly Stocks and contracts (+€38,011) and Depreciation (+€28,805)
- Tangible fixed assets -€28,805
down €28,805 (-13.3%), from €215,820 to €187,015
of which Plant, machinery and equipment: -€27,619
- Deferred charges and accrued income -€10,460
no longer reported in 2025 (was €10,460)
- Receivables within one year -€9,672
down €9,672 (-28.8%), from €33,548 to €23,876
of which Trade receivables: -€9,806
- Debts after one year -€47,121
down €47,121 (-24.3%), from €194,165 to €147,043
of which Financial debts: -€34,371
- Tax, wage and social debts -€22,875
down €22,875 (-28.2%), from €81,000 to €58,125
of which Taxes: -€27,462
- Trade debts +€12,798
up €12,798 (+11.3%), from €113,434 to €126,232
- Profit (loss) carried forward +€5,905
up €5,905 (+8.2%), from -€71,955 to -€66,050
- Other operating charges -€28,643
down €28,643 (-87.3%), from €32,814 to €4,171
- Staff costs +€5,805
up €5,805 (+7.1%), from €82,141 to €87,946
- Gross operating margin +€5,744
up €5,744 (+4.1%), from €140,568 to €146,312
- Depreciation -€3,205
down €3,205 (-10.0%), from €32,010 to €28,805
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.
Derived cash bridge
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 | €523,898 | €469,370 | -€54,528 | -10.4% |
| Fixed assets | 21/28 | €216,050 | €187,245 | -€28,805 | -13.3% |
| Tangible fixed assets | 22/27 | €215,820 | €187,015 | -€28,805 | -13.3% |
| Plant, machinery and equipment | 23 | €213,811 | €186,192 | -€27,619 | -12.9% |
| Furniture and vehicles | 24 | €2,008 | €822 | -€1,186 | -59.1% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €307,848 | €282,125 | -€25,723 | -8.4% |
| Stocks and contracts in progress | 3 | €232,344 | €194,333 | -€38,011 | -16.4% |
| Stocks | 30/36 | €232,344 | €194,333 | -€38,011 | -16.4% |
| Amounts receivable within one year | 40/41 | €33,548 | €23,876 | -€9,672 | -28.8% |
| Trade receivables | 40 | €32,667 | €22,861 | -€9,806 | -30.0% |
| Other amounts receivable | 41 | €882 | €1,016 | +€134 | +15.2% |
| Cash at bank and in hand | 54/58 | €31,495 | €63,916 | +€32,421 | +103% |
| Deferred charges and accrued income | 490/1 | €10,460 | - | -€10,460 | |
| Total equity and liabilities | 10/49 | €523,898 | €469,370 | -€54,528 | -10.4% |
| Equity | 10/15 | -€5,457 | €448 | +€5,905 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €36,498 | €36,498 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €33,498 | €33,498 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,955 | -€66,050 | +€5,905 | +8.2% |
| Amounts payable | 17/49 | €529,355 | €468,922 | -€60,433 | -11.4% |
| Amounts payable after more than one year | 17 | €194,165 | €147,043 | -€47,121 | -24.3% |
| Financial debts | 170/4 | €170,165 | €135,793 | -€34,371 | -20.2% |
| Other amounts payable | 178/9 | €24,000 | €11,250 | -€12,750 | -53.1% |
| Amounts payable within one year | 42/48 | €330,418 | €321,878 | -€8,540 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €105,984 | €106,993 | +€1,009 | +1.0% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €113,434 | €126,232 | +€12,798 | +11.3% |
| Suppliers | 440/4 | €113,434 | €126,232 | +€12,798 | +11.3% |
| Taxes, remuneration and social security | 45 | €81,000 | €58,125 | -€22,875 | -28.2% |
| Taxes | 450/3 | €73,584 | €46,122 | -€27,462 | -37.3% |
| Remuneration and social security | 454/9 | €7,416 | €12,003 | +€4,587 | +61.8% |
| Other amounts payable | 47/48 | - | €529 | +€529 | |
| Accrued charges and deferred income | 492/3 | €4,772 | - | -€4,772 | |
| Remuneration, social security and pensions | 62 | €82,141 | €87,946 | +€5,805 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,010 | €28,805 | -€3,205 | -10.0% |
| Other operating charges | 640/8 | €32,814 | €4,171 | -€28,643 | -87.3% |
| Gross operating margin | 9900 | €140,568 | €146,312 | +€5,744 | +4.1% |
| Operating profit (loss) | 9901 | -€6,397 | €25,390 | +€31,787 | |
| Financial income | 75/76B | €789 | €686 | -€103 | -13.0% |
| Recurring financial income | 75 | €789 | €686 | -€103 | -13.0% |
| Financial charges | 65/66B | €18,520 | €19,928 | +€1,408 | +7.6% |
| Recurring financial charges | 65 | €18,520 | €19,928 | +€1,408 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,128 | €6,148 | +€30,276 | |
| Income taxes | 67/77 | €215 | €243 | +€28 | +12.9% |
| Profit (loss) for the period | 9904 | -€24,343 | €5,905 | +€30,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,343 | €5,905 | +€30,248 |
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 18 October 2026 via checked.be.