EGS GROUP: 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.
EGS GROUP
Largest movements
- Receivables within one year -€15,000
down €15,000 (-60.0%), from €25,000 to €10,000
of which Trade receivables: -€15,000
- Financial fixed assets +€10,000
up €10,000 (+1.2%), from €829,500 to €839,500
- Debts after one year -€64,737
down €64,737 (-32.3%), from €200,582 to €135,846
- Profit (loss) carried forward +€51,159
up €51,159 (+59.3%), from €86,319 to €137,477
- Financial income -€25,000
down €25,000 (-29.4%), from €85,000 to €60,000
- Gross operating margin -€14,753
down €14,753, from €14,698 to -€56
- Financial charges -€1,013
down €1,013 (-10.5%), from €9,675 to €8,662
- Depreciation -€855
no longer reported in 2024 (was €855)
- Taxes -€330
no longer reported in 2024 (was €330)
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.
Derived cash bridge
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 | €859,909 | €849,507 | -€10,402 | -1.2% |
| Fixed assets | 21/28 | €829,500 | €839,500 | +€10,000 | +1.2% |
| Financial fixed assets | 28 | €829,500 | €839,500 | +€10,000 | +1.2% |
| Current assets | 29/58 | €30,409 | €10,007 | -€20,402 | -67.1% |
| Amounts receivable within one year | 40/41 | €25,000 | €10,000 | -€15,000 | -60.0% |
| Trade receivables | 40 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,409 | €7 | -€5,402 | -99.9% |
| Total equity and liabilities | 10/49 | €859,909 | €849,507 | -€10,402 | -1.2% |
| Equity | 10/15 | €161,319 | €212,477 | +€51,159 | +31.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,319 | €137,477 | +€51,159 | +59.3% |
| Amounts payable | 17/49 | €698,590 | €637,029 | -€61,561 | -8.8% |
| Amounts payable after more than one year | 17 | €200,582 | €135,846 | -€64,737 | -32.3% |
| Financial debts | 170/4 | €200,582 | €135,846 | -€64,737 | -32.3% |
| Amounts payable within one year | 42/48 | €498,008 | €501,184 | +€3,176 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €62,678 | €64,737 | +€2,059 | +3.3% |
| Trade debts | 44 | - | €62 | +€62 | |
| Suppliers | 440/4 | - | €62 | +€62 | |
| Taxes, remuneration and social security | 45 | €330 | €330 | = | 0.0% |
| Taxes | 450/3 | €330 | €330 | = | 0.0% |
| Other amounts payable | 47/48 | €435,000 | €436,056 | +€1,056 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €855 | - | -€855 | |
| Other operating charges | 640/8 | €384 | €124 | -€260 | -67.7% |
| Gross operating margin | 9900 | €14,698 | -€56 | -€14,753 | |
| Operating profit (loss) | 9901 | €13,458 | -€180 | -€13,637 | |
| Financial income | 75/76B | €85,000 | €60,000 | -€25,000 | -29.4% |
| Recurring financial income | 75 | €85,000 | €60,000 | -€25,000 | -29.4% |
| Financial charges | 65/66B | €9,675 | €8,662 | -€1,013 | -10.5% |
| Recurring financial charges | 65 | €9,675 | €8,662 | -€1,013 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €88,783 | €51,159 | -€37,624 | -42.4% |
| Income taxes | 67/77 | €330 | - | -€330 | |
| Profit (loss) for the period | 9904 | €88,453 | €51,159 | -€37,295 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €88,453 | €51,159 | -€37,295 | -42.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.