EGYPAL: 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.
EGYPAL
Largest movements
- Tangible fixed assets -€24,400
down €24,400 (-16.1%), from €151,565 to €127,165
- Cash -€10,048
down €10,048 (-11.2%), from €89,830 to €79,782
mainly Contributions, distributions and other (-€70,800) and Debts after one year (-€64,247)
- Receivables within one year -€10,027
down €10,027 (-3.5%), from €283,233 to €273,205
of which Trade receivables: -€10,091
- Financial fixed assets -€8,446
down €8,446 (-90.4%), from €9,346 to €900
- Debts after one year -€64,247
down €64,247 (-36.8%), from €174,805 to €110,558
- Tax, wage and social debts +€35,759
up €35,759 (+19.2%), from €186,428 to €222,188
of which Taxes: +€19,403
- Profit (loss) carried forward -€31,157
down €31,157 (-97.5%), from €31,948 to €790
- Other debts -€29,629
down €29,629 (-31.8%), from €93,191 to €63,562
- Current portion of long-term debt +€21,065
up €21,065 (+71.9%), from €29,294 to €50,359
- Staff costs +€48,229
up €48,229 (+9.1%), from €528,573 to €576,803
- Taxes +€10,668
up €10,668 (+73.0%), from €14,615 to €25,283
- Gross operating margin +€9,089
up €9,089 (+1.3%), from €697,626 to €706,715
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.
Derived cash bridge
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 | €549,826 | €492,983 | -€56,844 | -10.3% |
| Fixed assets | 21/28 | €160,911 | €128,065 | -€32,846 | -20.4% |
| Tangible fixed assets | 22/27 | €151,565 | €127,165 | -€24,400 | -16.1% |
| Land and buildings | 22 | €91,301 | €82,170 | -€9,131 | -10.0% |
| Plant, machinery and equipment | 23 | €5,070 | €7,146 | +€2,076 | +40.9% |
| Furniture and vehicles | 24 | €16,988 | €5,219 | -€11,768 | -69.3% |
| Other tangible fixed assets | 26 | €38,206 | €32,630 | -€5,576 | -14.6% |
| Financial fixed assets | 28 | €9,346 | €900 | -€8,446 | -90.4% |
| Current assets | 29/58 | €388,915 | €364,917 | -€23,998 | -6.2% |
| Stocks and contracts in progress | 3 | €13,841 | €10,850 | -€2,991 | -21.6% |
| Stocks | 30/36 | €13,841 | €10,850 | -€2,991 | -21.6% |
| Amounts receivable within one year | 40/41 | €283,233 | €273,205 | -€10,027 | -3.5% |
| Trade receivables | 40 | €259,197 | €249,106 | -€10,091 | -3.9% |
| Other amounts receivable | 41 | €24,036 | €24,100 | +€64 | +0.3% |
| Cash at bank and in hand | 54/58 | €89,830 | €79,782 | -€10,048 | -11.2% |
| Deferred charges and accrued income | 490/1 | €2,012 | €1,080 | -€932 | -46.3% |
| Total equity and liabilities | 10/49 | €549,826 | €492,983 | -€56,844 | -10.3% |
| Equity | 10/15 | €52,408 | €21,250 | -€31,157 | -59.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,948 | €790 | -€31,157 | -97.5% |
| Amounts payable | 17/49 | €497,418 | €471,732 | -€25,686 | -5.2% |
| Amounts payable after more than one year | 17 | €174,805 | €110,558 | -€64,247 | -36.8% |
| Financial debts | 170/4 | €174,805 | €110,558 | -€64,247 | -36.8% |
| Amounts payable within one year | 42/48 | €322,613 | €361,174 | +€38,561 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €29,294 | €50,359 | +€21,065 | +71.9% |
| Trade debts | 44 | €13,700 | €25,065 | +€11,365 | +83.0% |
| Suppliers | 440/4 | €13,700 | €25,065 | +€11,365 | +83.0% |
| Taxes, remuneration and social security | 45 | €186,428 | €222,188 | +€35,759 | +19.2% |
| Taxes | 450/3 | €71,859 | €91,262 | +€19,403 | +27.0% |
| Remuneration and social security | 454/9 | €114,569 | €130,925 | +€16,357 | +14.3% |
| Other amounts payable | 47/48 | €93,191 | €63,562 | -€29,629 | -31.8% |
| Remuneration, social security and pensions | 62 | €528,573 | €576,803 | +€48,229 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,234 | €27,065 | -€3,169 | -10.5% |
| Other operating charges | 640/8 | €5,844 | €2,964 | -€2,880 | -49.3% |
| Non-recurring operating charges | 66A | - | €27,556 | +€27,556 | |
| Gross operating margin | 9900 | €697,626 | €706,715 | +€9,089 | +1.3% |
| Operating profit (loss) | 9901 | €132,975 | €72,327 | -€60,647 | -45.6% |
| Financial income | 75/76B | €21 | €1 | -€20 | -94.4% |
| Recurring financial income | 75 | €21 | €1 | -€20 | -94.4% |
| Financial charges | 65/66B | €7,805 | €7,403 | -€402 | -5.1% |
| Recurring financial charges | 65 | €7,805 | €7,403 | -€402 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €125,191 | €64,925 | -€60,265 | -48.1% |
| Income taxes | 67/77 | €14,615 | €25,283 | +€10,668 | +73.0% |
| Profit (loss) for the period | 9904 | €110,576 | €39,643 | -€70,933 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,576 | €39,643 | -€70,933 | -64.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.