EKSG: 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.
EKSG
Largest movements
- Stocks and contracts -€23,122
down €23,122 (-97.7%), from €23,664 to €542
- Tangible fixed assets -€22,220
down €22,220 (-8.1%), from €274,666 to €252,445
of which Plant, machinery and equipment: -€15,138
- Cash +€12,415
up €12,415 (+197%), from €6,293 to €18,708
mainly Stocks and contracts (+€23,122) and Depreciation (+€22,220)
- Receivables within one year +€11,968
up €11,968 (+396%), from €3,023 to €14,991
- Deferred charges and accrued income -€6,928
no longer reported in 2025 (was €6,928)
- Other debts -€34,092
down €34,092 (-68.3%), from €49,931 to €15,839
- Tax, wage and social debts +€10,202
up €10,202 (+86.3%), from €11,825 to €22,027
- Profit (loss) carried forward +€6,487
up €6,487 (+12.6%), from €51,399 to €57,886
- Current portion of long-term debt -€5,302
down €5,302 (-22.3%), from €23,814 to €18,511
- Debts after one year -€3,511
down €3,511 (-2.9%), from €121,592 to €118,081
of which Financial debts: -€18,511
- Taxes +€5,166
up €5,166 (+626%), from €825 to €5,991
- Gross operating margin -€3,924
down €3,924 (-8.2%), from €47,686 to €43,762
- Other operating charges +€1,306
up €1,306 (+58.8%), from €2,223 to €3,529
- Depreciation -€1,151
down €1,151 (-4.9%), from €23,371 to €22,220
- Financial charges +€546
up €546 (+11.0%), from €4,989 to €5,535
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 | €314,573 | €286,685 | -€27,888 | -8.9% |
| Fixed assets | 21/28 | €274,666 | €252,445 | -€22,220 | -8.1% |
| Tangible fixed assets | 22/27 | €274,666 | €252,445 | -€22,220 | -8.1% |
| Land and buildings | 22 | €202,000 | €196,120 | -€5,879 | -2.9% |
| Plant, machinery and equipment | 23 | €68,797 | €53,659 | -€15,138 | -22.0% |
| Furniture and vehicles | 24 | €3,869 | €2,666 | -€1,203 | -31.1% |
| Current assets | 29/58 | €39,908 | €34,240 | -€5,668 | -14.2% |
| Stocks and contracts in progress | 3 | €23,664 | €542 | -€23,122 | -97.7% |
| Stocks | 30/36 | €23,664 | €542 | -€23,122 | -97.7% |
| Amounts receivable within one year | 40/41 | €3,023 | €14,991 | +€11,968 | +396% |
| Trade receivables | 40 | €3,023 | €14,991 | +€11,968 | +396% |
| Cash at bank and in hand | 54/58 | €6,293 | €18,708 | +€12,415 | +197% |
| Deferred charges and accrued income | 490/1 | €6,928 | - | -€6,928 | |
| Total equity and liabilities | 10/49 | €314,573 | €286,685 | -€27,888 | -8.9% |
| Equity | 10/15 | €95,142 | €101,629 | +€6,487 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,543 | €37,543 | = | 0.0% |
| Distributable reserves | 133 | €37,543 | €37,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,399 | €57,886 | +€6,487 | +12.6% |
| Amounts payable | 17/49 | €219,432 | €185,056 | -€34,375 | -15.7% |
| Amounts payable after more than one year | 17 | €121,592 | €118,081 | -€3,511 | -2.9% |
| Financial debts | 170/4 | €121,592 | €103,081 | -€18,511 | -15.2% |
| Other amounts payable | 178/9 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €97,840 | €66,975 | -€30,864 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €23,814 | €18,511 | -€5,302 | -22.3% |
| Trade debts | 44 | €12,270 | €10,598 | -€1,672 | -13.6% |
| Suppliers | 440/4 | €12,270 | €10,598 | -€1,672 | -13.6% |
| Taxes, remuneration and social security | 45 | €11,825 | €22,027 | +€10,202 | +86.3% |
| Taxes | 450/3 | €11,825 | €22,027 | +€10,202 | +86.3% |
| Other amounts payable | 47/48 | €49,931 | €15,839 | -€34,092 | -68.3% |
| Non-recurring operating income | 76A | €2,511 | - | -€2,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,371 | €22,220 | -€1,151 | -4.9% |
| Other operating charges | 640/8 | €2,223 | €3,529 | +€1,306 | +58.8% |
| Gross operating margin | 9900 | €47,686 | €43,762 | -€3,924 | -8.2% |
| Operating profit (loss) | 9901 | €22,093 | €18,013 | -€4,080 | -18.5% |
| Financial income | 75/76B | €21 | €0 | -€21 | -99.6% |
| Recurring financial income | 75 | €21 | €0 | -€21 | -99.6% |
| Financial charges | 65/66B | €4,989 | €5,535 | +€546 | +11.0% |
| Recurring financial charges | 65 | €4,989 | €5,535 | +€546 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €17,125 | €12,478 | -€4,648 | -27.1% |
| Income taxes | 67/77 | €825 | €5,991 | +€5,166 | +626% |
| Profit (loss) for the period | 9904 | €16,300 | €6,487 | -€9,813 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,300 | €6,487 | -€9,813 | -60.2% |
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 15 October 2026 via checked.be.