EJGD: 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.
EJGD
Largest movements
- Receivables after one year -€3,200
down €3,200 (-30.8%), from €10,400 to €7,200
- Tangible fixed assets -€871
down €871 (-43.1%), from €2,022 to €1,151
- Trade debts -€5,421
down €5,421 (-82.4%), from €6,578 to €1,157
- Tax, wage and social debts -€4,124
down €4,124 (-70.9%), from €5,818 to €1,695
of which Remuneration and social security: -€3,542
- Short-term financial debts +€3,060
new in 2025: €3,060
- Reserves +€2,342
up €2,342 (+25.4%), from €9,227 to €11,569
- Gross operating margin -€11,278
down €11,278 (-70.5%), from €16,002 to €4,724
- Depreciation -€2,391
down €2,391 (-73.3%), from €3,262 to €871
- Taxes -€1,511
down €1,511 (-54.2%), from €2,786 to €1,275
- Other operating charges -€370
down €370 (-41.6%), from €890 to €520
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 | €26,623 | €22,481 | -€4,142 | -15.6% |
| Fixed assets | 21/28 | €2,022 | €1,151 | -€871 | -43.1% |
| Tangible fixed assets | 22/27 | €2,022 | €1,151 | -€871 | -43.1% |
| Furniture and vehicles | 24 | €2,022 | €1,151 | -€871 | -43.1% |
| Current assets | 29/58 | €24,601 | €21,330 | -€3,271 | -13.3% |
| Amounts receivable after more than one year | 29 | €10,400 | €7,200 | -€3,200 | -30.8% |
| Other amounts receivable | 291 | €10,400 | €7,200 | -€3,200 | -30.8% |
| Amounts receivable within one year | 40/41 | €13,550 | €13,580 | +€30 | +0.2% |
| Trade receivables | 40 | €10,350 | €10,690 | +€340 | +3.3% |
| Other amounts receivable | 41 | €3,200 | €2,889 | -€311 | -9.7% |
| Cash at bank and in hand | 54/58 | €151 | €0 | -€151 | -100.0% |
| Deferred charges and accrued income | 490/1 | €500 | €550 | +€50 | +10.0% |
| Total equity and liabilities | 10/49 | €26,623 | €22,481 | -€4,142 | -15.6% |
| Equity | 10/15 | €14,227 | €16,569 | +€2,342 | +16.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,227 | €11,569 | +€2,342 | +25.4% |
| Distributable reserves | 133 | €9,227 | €11,569 | +€2,342 | +25.4% |
| Amounts payable | 17/49 | €12,396 | €5,912 | -€6,484 | -52.3% |
| Amounts payable within one year | 42/48 | €12,396 | €5,912 | -€6,484 | -52.3% |
| Financial debts | 43 | - | €3,060 | +€3,060 | |
| Credit institutions | 430/8 | - | €3,060 | +€3,060 | |
| Trade debts | 44 | €6,578 | €1,157 | -€5,421 | -82.4% |
| Suppliers | 440/4 | €6,578 | €1,157 | -€5,421 | -82.4% |
| Taxes, remuneration and social security | 45 | €5,818 | €1,695 | -€4,124 | -70.9% |
| Taxes | 450/3 | €2,277 | €1,695 | -€582 | -25.6% |
| Remuneration and social security | 454/9 | €3,542 | €0 | -€3,542 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,262 | €871 | -€2,391 | -73.3% |
| Other operating charges | 640/8 | €890 | €520 | -€370 | -41.6% |
| Gross operating margin | 9900 | €16,002 | €4,724 | -€11,278 | -70.5% |
| Operating profit (loss) | 9901 | €11,850 | €3,333 | -€8,517 | -71.9% |
| Financial income | 75/76B | €396 | €528 | +€132 | +33.3% |
| Recurring financial income | 75 | €396 | €528 | +€132 | +33.3% |
| Financial charges | 65/66B | €233 | €243 | +€11 | +4.7% |
| Recurring financial charges | 65 | €233 | €243 | +€11 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €12,013 | €3,618 | -€8,396 | -69.9% |
| Income taxes | 67/77 | €2,786 | €1,275 | -€1,511 | -54.2% |
| Profit (loss) for the period | 9904 | €9,227 | €2,342 | -€6,885 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,227 | €2,342 | -€6,885 | -74.6% |
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 9 October 2026 via checked.be.