EGW PROMO: what changed
What changed
EGW PROMO
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
-€40,963
2024 · €14,156-€55,119
Equity
€133,164
2024 · €174,127-€40,963
Cash
€217,484
2024 · €241,630-€24,146
Balance sheet total
€863,932
2024 · €945,796-€81,864
Largest movements
Assets
- Tangible fixed assets -€46,416
down €46,416 (-7.0%), from €660,240 to €613,824
of which Land and buildings: -€35,349
- Cash -€24,146
down €24,146 (-10.0%), from €241,630 to €217,484
mainly Net result for the year (-€40,963) and Debts after one year (-€25,720)
- Deferred charges and accrued income -€11,920
down €11,920 (-88.9%), from €13,412 to €1,492
Equity and liabilities
- Profit (loss) carried forward -€26,807
new in 2025: -€26,807
- Debts after one year -€25,720
down €25,720 (-5.5%), from €463,978 to €438,258
- Tax, wage and social debts -€17,317
down €17,317 (-100%), from €17,317 to €0
- Reserves -€14,156
down €14,156 (-12.6%), from €112,127 to €97,972
of which Distributable reserves: -€14,156
Income statement
- Gross operating margin -€37,016
down €37,016 (-49.3%), from €75,016 to €38,001
- Depreciation +€17,464
up €17,464 (+47.7%), from €36,580 to €54,043
- Other operating charges -€917
down €917 (-20.4%), from €4,498 to €3,581
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€14,156
Gross operating margin
-€37,016
Depreciation
-€17,464
Other operating charges
+€917
Other operating items
-€1,504
Financial charges
-€51
Result 2025
-€40,963
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€8,200
Investment
-€7,628
Financing
-€24,718
Cash 2024
€241,630
From operations (derived)
+€8,200
Net result for the year
-€40,963
Depreciation
+€54,043
Receivables within one year
-€618
Deferred charges and accrued income
+€11,920
Trade debts
+€1,135
Tax, wage and social debts
-€17,317
Investment (derived)
-€7,628
Investment in fixed assets (net)
-€7,628
Financing
-€24,718
Debts after one year
-€25,720
Current portion of long-term debt
+€1,002
Cash 2025
€217,484
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €945,796 | €863,932 | -€81,864 | -8.7% |
| Fixed assets | 21/28 | €660,240 | €613,824 | -€46,416 | -7.0% |
| Tangible fixed assets | 22/27 | €660,240 | €613,824 | -€46,416 | -7.0% |
| Land and buildings | 22 | €626,709 | €591,360 | -€35,349 | -5.6% |
| Plant, machinery and equipment | 23 | €1,318 | €963 | -€355 | -26.9% |
| Furniture and vehicles | 24 | €32,213 | €21,501 | -€10,712 | -33.3% |
| Current assets | 29/58 | €285,556 | €250,108 | -€35,448 | -12.4% |
| Amounts receivable within one year | 40/41 | €30,514 | €31,132 | +€618 | +2.0% |
| Trade receivables | 40 | €30,492 | €30,742 | +€250 | +0.8% |
| Other amounts receivable | 41 | €22 | €390 | +€368 | +1,665% |
| Cash at bank and in hand | 54/58 | €241,630 | €217,484 | -€24,146 | -10.0% |
| Deferred charges and accrued income | 490/1 | €13,412 | €1,492 | -€11,920 | -88.9% |
| Total equity and liabilities | 10/49 | €945,796 | €863,932 | -€81,864 | -8.7% |
| Equity | 10/15 | €174,127 | €133,164 | -€40,963 | -23.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €0 | -€62,000 | -100% |
| Issued capital | 100 | €62,000 | €0 | -€62,000 | -100% |
| Contributions outside capital | 11 | - | €62,000 | +€62,000 | |
| Other | 1109/19 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €112,127 | €97,972 | -€14,156 | -12.6% |
| Non-distributable reserves | 130/1 | €8,123 | €8,123 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €0 | -€6,200 | -100% |
| Reserves not available under the articles | 1311 | €1,923 | €8,123 | +€6,200 | +322% |
| Distributable reserves | 133 | €104,004 | €89,849 | -€14,156 | -13.6% |
| Profit (loss) carried forward | 14 | - | -€26,807 | -€26,807 | |
| Amounts payable | 17/49 | €771,669 | €730,768 | -€40,901 | -5.3% |
| Amounts payable after more than one year | 17 | €463,978 | €438,258 | -€25,720 | -5.5% |
| Financial debts | 170/4 | €463,978 | €438,258 | -€25,720 | -5.5% |
| Amounts payable within one year | 42/48 | €307,691 | €292,510 | -€15,181 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €24,718 | €25,720 | +€1,002 | +4.1% |
| Trade debts | 44 | €33 | €1,168 | +€1,135 | +3,395% |
| Suppliers | 440/4 | €33 | €1,168 | +€1,135 | +3,395% |
| Taxes, remuneration and social security | 45 | €17,317 | €0 | -€17,317 | -100% |
| Taxes | 450/3 | €17,317 | €0 | -€17,317 | -100% |
| Other amounts payable | 47/48 | €265,622 | €265,622 | = | 0.0% |
| Non-recurring operating income | 76A | €33,504 | €0 | -€33,504 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,580 | €54,043 | +€17,464 | +47.7% |
| Other operating charges | 640/8 | €4,498 | €3,581 | -€917 | -20.4% |
| Non-recurring operating charges | 66A | - | €1,504 | +€1,504 | |
| Gross operating margin | 9900 | €75,016 | €38,001 | -€37,016 | -49.3% |
| Operating profit (loss) | 9901 | €33,939 | -€21,128 | -€55,067 | |
| Financial charges | 65/66B | €19,784 | €19,835 | +€51 | +0.3% |
| Recurring financial charges | 65 | €19,784 | €19,835 | +€51 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €14,156 | -€40,963 | -€55,119 | |
| Profit (loss) for the period | 9904 | €14,156 | -€40,963 | -€55,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,156 | -€40,963 | -€55,119 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.