EGZON: 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.
EGZON
Largest movements
- Cash -€20,981
down €20,981 (-31.8%), from €66,060 to €45,079
mainly Trade debts (-€20,381) and Tax, wage and social debts (-€13,462)
- Receivables within one year +€2,474
up €2,474 (+24.9%), from €9,920 to €12,394
of which Other amounts receivable: +€5,720
- Tangible fixed assets +€2,346
up €2,346 (+13.7%), from €17,122 to €19,468
of which Plant, machinery and equipment: +€3,427
- Trade debts -€20,381
down €20,381 (-48.4%), from €42,125 to €21,744
- Profit (loss) carried forward +€16,983
up €16,983 (+1682.3%), from €1,010 to €17,993
- Tax, wage and social debts -€13,462
down €13,462 (-37.2%), from €36,209 to €22,748
of which Taxes: -€9,612
- Gross operating margin -€82,065
down €82,065 (-40.4%), from €203,020 to €120,955
- Other operating charges -€21,693
down €21,693 (-81.5%), from €26,625 to €4,932
- Taxes -€10,784
down €10,784 (-60.4%), from €17,844 to €7,060
- Financial charges -€10,564
down €10,564 (-41.2%), from €25,629 to €15,065
- Depreciation -€6,370
down €6,370 (-45.6%), from €13,982 to €7,613
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 | €175,726 | €158,889 | -€16,837 | -9.6% |
| Fixed assets | 21/28 | €20,322 | €22,668 | +€2,346 | +11.5% |
| Tangible fixed assets | 22/27 | €17,122 | €19,468 | +€2,346 | +13.7% |
| Plant, machinery and equipment | 23 | €11,040 | €14,467 | +€3,427 | +31.0% |
| Furniture and vehicles | 24 | €2,801 | €2,066 | -€735 | -26.2% |
| Other tangible fixed assets | 26 | €3,281 | €2,936 | -€346 | -10.5% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €155,403 | €136,221 | -€19,182 | -12.3% |
| Amounts receivable after more than one year | 29 | €71,000 | €71,000 | = | 0.0% |
| Other amounts receivable | 291 | €71,000 | €71,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,920 | €12,394 | +€2,474 | +24.9% |
| Trade receivables | 40 | €6,783 | €3,536 | -€3,247 | -47.9% |
| Other amounts receivable | 41 | €3,137 | €8,858 | +€5,720 | +182.3% |
| Cash at bank and in hand | 54/58 | €66,060 | €45,079 | -€20,981 | -31.8% |
| Deferred charges and accrued income | 490/1 | €3,423 | €2,748 | -€675 | -19.7% |
| Total equity and liabilities | 10/49 | €175,726 | €158,889 | -€16,837 | -9.6% |
| Equity | 10/15 | €97,233 | €114,216 | +€16,983 | +17.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €77,631 | €77,631 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €77,631 | €77,631 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,010 | €17,993 | +€16,983 | +1682.3% |
| Amounts payable | 17/49 | €78,493 | €44,673 | -€33,820 | -43.1% |
| Amounts payable within one year | 42/48 | €78,493 | €44,673 | -€33,820 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €42,125 | €21,744 | -€20,381 | -48.4% |
| Suppliers | 440/4 | €42,125 | €21,744 | -€20,381 | -48.4% |
| Taxes, remuneration and social security | 45 | €36,209 | €22,748 | -€13,462 | -37.2% |
| Taxes | 450/3 | €22,179 | €12,567 | -€9,612 | -43.3% |
| Remuneration and social security | 454/9 | €14,030 | €10,180 | -€3,850 | -27.4% |
| Other amounts payable | 47/48 | €159 | €181 | +€22 | +14.1% |
| Non-recurring operating income | 76A | €24,750 | €0 | -€24,750 | -100.0% |
| Remuneration, social security and pensions | 62 | €74,062 | €71,401 | -€2,661 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,982 | €7,613 | -€6,370 | -45.6% |
| Other operating charges | 640/8 | €26,625 | €4,932 | -€21,693 | -81.5% |
| Gross operating margin | 9900 | €203,020 | €120,955 | -€82,065 | -40.4% |
| Operating profit (loss) | 9901 | €88,351 | €37,009 | -€51,342 | -58.1% |
| Financial income | 75/76B | €0 | €2,099 | +€2,099 | |
| Recurring financial income | 75 | €0 | €2,099 | +€2,099 | |
| Financial charges | 65/66B | €25,629 | €15,065 | -€10,564 | -41.2% |
| Recurring financial charges | 65 | €25,629 | €15,065 | -€10,564 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €62,721 | €24,043 | -€38,678 | -61.7% |
| Income taxes | 67/77 | €17,844 | €7,060 | -€10,784 | -60.4% |
| Profit (loss) for the period | 9904 | €44,878 | €16,983 | -€27,894 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,878 | €16,983 | -€27,894 | -62.2% |
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 1 October 2026 via checked.be.