EGOS: 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.
EGOS
Largest movements
- Tangible fixed assets -€22,940
down €22,940 (-27.7%), from €82,676 to €59,736
of which Land and buildings: -€13,949
- Intangible fixed assets -€15,353
down €15,353 (-14.9%), from €102,901 to €87,548
- Receivables within one year +€10,772
up €10,772 (+371.1%), from €2,902 to €13,674
of which Other amounts receivable: +€10,790
- Short-term financial debts -€20,293
down €20,293 (-39.6%), from €51,308 to €31,015
- Tax, wage and social debts -€8,316
down €8,316 (-26.4%), from €31,517 to €23,201
- Debts after one year -€7,418
down €7,418 (-16.4%), from €45,187 to €37,769
- Trade debts +€5,019
up €5,019 (+5.7%), from €87,294 to €92,313
- Current portion of long-term debt +€4,953
up €4,953 (+20.0%), from €24,820 to €29,773
- Gross operating margin +€2,956
up €2,956 (+3.6%), from €82,699 to €85,654
- Financial charges -€1,785
down €1,785 (-11.5%), from €15,535 to €13,750
- Financial income -€1,083
down €1,083 (-40.6%), from €2,665 to €1,582
of which Non-recurring financial income: -€1,125
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,210 | €334,124 | -€24,086 | -6.7% |
| Fixed assets | 21/28 | €185,577 | €147,285 | -€38,293 | -20.6% |
| Intangible fixed assets | 21 | €102,901 | €87,548 | -€15,353 | -14.9% |
| Tangible fixed assets | 22/27 | €82,676 | €59,736 | -€22,940 | -27.7% |
| Land and buildings | 22 | €49,120 | €35,171 | -€13,949 | -28.4% |
| Plant, machinery and equipment | 23 | €33,556 | €24,565 | -€8,991 | -26.8% |
| Current assets | 29/58 | €172,633 | €186,839 | +€14,206 | +8.2% |
| Amounts receivable after more than one year | 29 | €53,000 | €53,000 | = | 0.0% |
| Other amounts receivable | 291 | €53,000 | €53,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €112,977 | €116,536 | +€3,559 | +3.2% |
| Stocks | 30/36 | €112,977 | €116,536 | +€3,559 | +3.2% |
| Amounts receivable within one year | 40/41 | €2,902 | €13,674 | +€10,772 | +371.1% |
| Trade receivables | 40 | €175 | €156 | -€19 | -10.6% |
| Other amounts receivable | 41 | €2,727 | €13,518 | +€10,790 | +395.6% |
| Cash at bank and in hand | 54/58 | €1,827 | €1,011 | -€816 | -44.7% |
| Deferred charges and accrued income | 490/1 | €1,927 | €2,618 | +€691 | +35.9% |
| Total equity and liabilities | 10/49 | €358,210 | €334,124 | -€24,086 | -6.7% |
| Equity | 10/15 | €118,083 | €119,327 | +€1,244 | +1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €99,491 | €100,735 | +€1,244 | +1.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €87,491 | €88,735 | +€1,244 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €240,127 | €214,797 | -€25,331 | -10.5% |
| Amounts payable after more than one year | 17 | €45,187 | €37,769 | -€7,418 | -16.4% |
| Financial debts | 170/4 | €45,187 | €37,769 | -€7,418 | -16.4% |
| Amounts payable within one year | 42/48 | €194,940 | €177,027 | -€17,912 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €24,820 | €29,773 | +€4,953 | +20.0% |
| Financial debts | 43 | €51,308 | €31,015 | -€20,293 | -39.6% |
| Credit institutions | 430/8 | €51,308 | €31,015 | -€20,293 | -39.6% |
| Trade debts | 44 | €87,294 | €92,313 | +€5,019 | +5.7% |
| Suppliers | 440/4 | €87,294 | €92,313 | +€5,019 | +5.7% |
| Advances received on contracts in progress | 46 | - | €222 | +€222 | |
| Taxes, remuneration and social security | 45 | €31,517 | €23,201 | -€8,316 | -26.4% |
| Taxes | 450/3 | €31,517 | €23,201 | -€8,316 | -26.4% |
| Other amounts payable | 47/48 | - | €503 | +€503 | |
| Remuneration, social security and pensions | 62 | €912 | €1,167 | +€256 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,641 | €38,293 | -€348 | -0.9% |
| Other operating charges | 640/8 | €3,093 | €3,175 | +€82 | +2.7% |
| Gross operating margin | 9900 | €82,699 | €85,654 | +€2,956 | +3.6% |
| Operating profit (loss) | 9901 | €40,053 | €43,019 | +€2,966 | +7.4% |
| Financial income | 75/76B | €2,665 | €1,582 | -€1,083 | -40.6% |
| Recurring financial income | 75 | €1,540 | €1,582 | +€42 | +2.7% |
| Non-recurring financial income | 76B | €1,125 | €0 | -€1,125 | -100.0% |
| Financial charges | 65/66B | €15,535 | €13,750 | -€1,785 | -11.5% |
| Recurring financial charges | 65 | €15,535 | €13,750 | -€1,785 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €27,183 | €30,851 | +€3,668 | +13.5% |
| Income taxes | 67/77 | €8,785 | €9,506 | +€721 | +8.2% |
| Profit (loss) for the period | 9904 | €18,397 | €21,344 | +€2,947 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,397 | €21,344 | +€2,947 | +16.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.