EGS TECHNIC: 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.
EGS TECHNIC
Largest movements
- Receivables after one year +€11,166
up €11,166 (+28.6%), from €39,041 to €50,207
- Receivables within one year -€8,969
down €8,969 (-29.6%), from €30,316 to €21,347
of which Trade receivables: -€9,576
- Tangible fixed assets -€5,677
down €5,677 (-38.1%), from €14,908 to €9,231
- Cash +€3,794
new in 2025: €3,794
mainly Current portion of long-term debt (+€26,878) and Receivables within one year (+€8,969)
- Deferred charges and accrued income -€3,684
down €3,684 (-24.9%), from €14,799 to €11,115
- Current portion of long-term debt +€26,878
up €26,878 (+403.2%), from €6,667 to €33,544
- Short-term financial debts -€26,157
down €26,157 (-78.8%), from €33,174 to €7,017
of which Other loans: -€28,599
- Trade debts -€6,032
down €6,032 (-54.2%), from €11,130 to €5,098
- Tax, wage and social debts +€5,863
up €5,863 (+3697.2%), from €159 to €6,021
of which Remuneration and social security: +€4,363
- Debts after one year -€5,131
down €5,131 (-90.8%), from €5,654 to €522
- Staff costs +€10,449
up €10,449 (+18.7%), from €55,992 to €66,441
- Taxes -€4,305
down €4,305 (-71.8%), from €5,997 to €1,692
- Depreciation -€3,429
down €3,429 (-47.3%), from €7,246 to €3,817
- Gross operating margin +€3,304
up €3,304 (+4.4%), from €74,529 to €77,833
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 | €99,413 | €96,044 | -€3,370 | -3.4% |
| Fixed assets | 21/28 | €15,258 | €9,581 | -€5,677 | -37.2% |
| Tangible fixed assets | 22/27 | €14,908 | €9,231 | -€5,677 | -38.1% |
| Furniture and vehicles | 24 | €14,908 | €9,231 | -€5,677 | -38.1% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €84,155 | €86,462 | +€2,307 | +2.7% |
| Amounts receivable after more than one year | 29 | €39,041 | €50,207 | +€11,166 | +28.6% |
| Other amounts receivable | 291 | €39,041 | €50,207 | +€11,166 | +28.6% |
| Amounts receivable within one year | 40/41 | €30,316 | €21,347 | -€8,969 | -29.6% |
| Trade receivables | 40 | €24,559 | €14,982 | -€9,576 | -39.0% |
| Other amounts receivable | 41 | €5,758 | €6,365 | +€607 | +10.5% |
| Cash at bank and in hand | 54/58 | - | €3,794 | +€3,794 | |
| Deferred charges and accrued income | 490/1 | €14,799 | €11,115 | -€3,684 | -24.9% |
| Total equity and liabilities | 10/49 | €99,413 | €96,044 | -€3,370 | -3.4% |
| Equity | 10/15 | €42,630 | €43,841 | +€1,210 | +2.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,030 | €37,241 | +€1,210 | +3.4% |
| Amounts payable | 17/49 | €56,783 | €52,203 | -€4,580 | -8.1% |
| Amounts payable after more than one year | 17 | €5,654 | €522 | -€5,131 | -90.8% |
| Financial debts | 170/4 | €5,654 | €522 | -€5,131 | -90.8% |
| Amounts payable within one year | 42/48 | €51,130 | €51,681 | +€551 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €6,667 | €33,544 | +€26,878 | +403.2% |
| Financial debts | 43 | €33,174 | €7,017 | -€26,157 | -78.8% |
| Credit institutions | 430/8 | €4,576 | €7,017 | +€2,441 | +53.4% |
| Other loans | 439 | €28,599 | €0 | -€28,599 | -100.0% |
| Trade debts | 44 | €11,130 | €5,098 | -€6,032 | -54.2% |
| Suppliers | 440/4 | €11,130 | €5,098 | -€6,032 | -54.2% |
| Taxes, remuneration and social security | 45 | €159 | €6,021 | +€5,863 | +3697.2% |
| Taxes | 450/3 | - | €1,500 | +€1,500 | |
| Remuneration and social security | 454/9 | €159 | €4,521 | +€4,363 | +2751.2% |
| Remuneration, social security and pensions | 62 | €55,992 | €66,441 | +€10,449 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,246 | €3,817 | -€3,429 | -47.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Other operating charges | 640/8 | €2,611 | €2,291 | -€320 | -12.3% |
| Gross operating margin | 9900 | €74,529 | €77,833 | +€3,304 | +4.4% |
| Operating profit (loss) | 9901 | €8,680 | €5,283 | -€3,396 | -39.1% |
| Financial income | 75/76B | €1,241 | €1,445 | +€204 | +16.5% |
| Recurring financial income | 75 | €1,241 | €1,445 | +€204 | +16.5% |
| Financial charges | 65/66B | €3,315 | €3,826 | +€511 | +15.4% |
| Recurring financial charges | 65 | €3,315 | €3,826 | +€511 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €6,605 | €2,902 | -€3,703 | -56.1% |
| Income taxes | 67/77 | €5,997 | €1,692 | -€4,305 | -71.8% |
| Profit (loss) for the period | 9904 | €608 | €1,210 | +€602 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €608 | €1,210 | +€602 | +99.1% |
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 3 October 2026 via checked.be.