EGOX: 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.
EGOX
Largest movements
- Tangible fixed assets -€15,335
down €15,335 (-10.4%), from €147,516 to €132,181
of which Land and buildings: -€15,100
- Cash -€12,810
down €12,810 (-44.8%), from €28,607 to €15,797
mainly Contributions, distributions and other (-€21,379) and Other debts (-€10,140)
- Receivables within one year -€9,897
down €9,897 (-87.3%), from €11,342 to €1,445
- Reserves -€18,383
down €18,383 (-34.6%), from €53,094 to €34,711
of which Distributable reserves: -€18,547
- Other debts -€10,140
down €10,140 (-16.4%), from €61,773 to €51,633
- Trade debts -€8,069
no longer reported in 2025 (was €8,069)
- Tax, wage and social debts -€2,098
no longer reported in 2025 (was €2,098)
- Gross operating margin -€2,093
down €2,093 (-8.6%), from €24,247 to €22,154
- Taxes -€674
down €674 (-32.1%), from €2,098 to €1,424
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 | €187,587 | €149,573 | -€38,014 | -20.3% |
| Fixed assets | 21/28 | €147,516 | €132,181 | -€15,335 | -10.4% |
| Tangible fixed assets | 22/27 | €147,516 | €132,181 | -€15,335 | -10.4% |
| Land and buildings | 22 | €147,132 | €132,032 | -€15,100 | -10.3% |
| Furniture and vehicles | 24 | €385 | €149 | -€235 | -61.1% |
| Current assets | 29/58 | €40,071 | €17,391 | -€22,679 | -56.6% |
| Amounts receivable within one year | 40/41 | €11,342 | €1,445 | -€9,897 | -87.3% |
| Other amounts receivable | 41 | €11,342 | €1,445 | -€9,897 | -87.3% |
| Cash at bank and in hand | 54/58 | €28,607 | €15,797 | -€12,810 | -44.8% |
| Deferred charges and accrued income | 490/1 | €122 | €150 | +€28 | +23.3% |
| Total equity and liabilities | 10/49 | €187,587 | €149,573 | -€38,014 | -20.3% |
| Equity | 10/15 | €115,067 | €96,685 | -€18,383 | -16.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €53,094 | €34,711 | -€18,383 | -34.6% |
| Non-distributable reserves | 130/1 | €2,791 | €2,955 | +€164 | +5.9% |
| Legal reserve | 130 | €2,791 | €2,955 | +€164 | +5.9% |
| Distributable reserves | 133 | €50,303 | €31,756 | -€18,547 | -36.9% |
| Amounts payable | 17/49 | €72,520 | €52,888 | -€19,632 | -27.1% |
| Amounts payable within one year | 42/48 | €71,940 | €51,633 | -€20,307 | -28.2% |
| Trade debts | 44 | €8,069 | - | -€8,069 | |
| Suppliers | 440/4 | €8,069 | - | -€8,069 | |
| Taxes, remuneration and social security | 45 | €2,098 | - | -€2,098 | |
| Taxes | 450/3 | €2,098 | - | -€2,098 | |
| Other amounts payable | 47/48 | €61,773 | €51,633 | -€10,140 | -16.4% |
| Accrued charges and deferred income | 492/3 | €580 | €1,255 | +€675 | +116.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,557 | €15,335 | -€222 | -1.4% |
| Other operating charges | 640/8 | €2,282 | €2,354 | +€71 | +3.1% |
| Gross operating margin | 9900 | €24,247 | €22,154 | -€2,093 | -8.6% |
| Operating profit (loss) | 9901 | €6,407 | €4,465 | -€1,942 | -30.3% |
| Financial charges | 65/66B | €53 | €45 | -€8 | -15.6% |
| Recurring financial charges | 65 | €53 | €45 | -€8 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €6,354 | €4,420 | -€1,933 | -30.4% |
| Income taxes | 67/77 | €2,098 | €1,424 | -€674 | -32.1% |
| Profit (loss) for the period | 9904 | €4,256 | €2,996 | -€1,259 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,256 | €2,996 | -€1,259 | -29.6% |
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 4 October 2026 via checked.be.