ELECTRONIQUE GENERALE APPLIQUEE: what changed
ELECTRONIQUE GENERALE APPLIQUEE
Largest movements
- Receivables within one year -€25,266
down €25,266 (-66.7%), from €37,891 to €12,626
of which Trade receivables: -€31,662
- Cash +€5,103
up €5,103 (+118%), from €4,324 to €9,427
mainly Receivables within one year (+€25,266) and Depreciation (+€2,165)
- Intangible fixed assets -€2,000
down €2,000 (-18.1%), from €11,068 to €9,068
- Profit (loss) carried forward -€11,312
down €11,312 (-31.3%), from -€36,127 to -€47,439
- Trade debts -€7,821
down €7,821 (-97.3%), from €8,034 to €213
- Tax, wage and social debts -€3,106
down €3,106 (-89.6%), from €3,466 to €360
- Gross operating margin -€12,166
down €12,166, from €3,643 to -€8,523
- Other operating charges +€168
up €168 (+43.3%), from €387 to €555
- Depreciation -€130
down €130 (-5.7%), from €2,296 to €2,165
- Financial charges -€121
down €121 (-63.7%), from €190 to €69
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,624 | €31,385 | -€22,239 | -41.5% |
| Formation expenses | 20 | €165 | - | -€165 | |
| Fixed assets | 21/28 | €11,243 | €9,243 | -€2,000 | -17.8% |
| Intangible fixed assets | 21 | €11,068 | €9,068 | -€2,000 | -18.1% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €42,215 | €22,141 | -€20,074 | -47.6% |
| Amounts receivable within one year | 40/41 | €37,891 | €12,626 | -€25,266 | -66.7% |
| Trade receivables | 40 | €37,891 | €6,229 | -€31,662 | -83.6% |
| Other amounts receivable | 41 | - | €6,397 | +€6,397 | |
| Cash at bank and in hand | 54/58 | €4,324 | €9,427 | +€5,103 | +118% |
| Deferred charges and accrued income | 490/1 | - | €89 | +€89 | |
| Total equity and liabilities | 10/49 | €53,624 | €31,385 | -€22,239 | -41.5% |
| Equity | 10/15 | -€15,676 | -€26,988 | -€11,312 | -72.2% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,127 | -€47,439 | -€11,312 | -31.3% |
| Amounts payable | 17/49 | €69,300 | €58,373 | -€10,927 | -15.8% |
| Amounts payable within one year | 42/48 | €69,300 | €58,373 | -€10,927 | -15.8% |
| Trade debts | 44 | €8,034 | €213 | -€7,821 | -97.3% |
| Suppliers | 440/4 | €8,034 | €213 | -€7,821 | -97.3% |
| Taxes, remuneration and social security | 45 | €3,466 | €360 | -€3,106 | -89.6% |
| Taxes | 450/3 | €3,466 | €360 | -€3,106 | -89.6% |
| Other amounts payable | 47/48 | €57,800 | €57,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,296 | €2,165 | -€130 | -5.7% |
| Other operating charges | 640/8 | €387 | €555 | +€168 | +43.3% |
| Gross operating margin | 9900 | €3,643 | -€8,523 | -€12,166 | |
| Operating profit (loss) | 9901 | €960 | -€11,243 | -€12,203 | |
| Financial charges | 65/66B | €190 | €69 | -€121 | -63.7% |
| Recurring financial charges | 65 | €190 | €69 | -€121 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | €770 | -€11,312 | -€12,082 | |
| Profit (loss) for the period | 9904 | €770 | -€11,312 | -€12,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €770 | -€11,312 | -€12,082 |
Next steps
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 2 November 2026 via checked.be.