L'EGIDE: 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.
L'EGIDE
Largest movements
- Stocks and contracts -€87,188
down €87,188 (-19.8%), from €440,014 to €352,826
- Cash +€40,976
up €40,976 (+1,766%), from €2,321 to €43,297
mainly Debts after one year (+€107,217) and Stocks and contracts (+€87,188)
- Tangible fixed assets -€27,971
down €27,971 (-10.1%), from €277,258 to €249,287
of which Plant, machinery and equipment: -€17,549
- Short-term financial debts -€150,000
down €150,000 (-60.0%), from €250,000 to €100,000
- Debts after one year +€107,217
up €107,217 (+28.3%), from €378,421 to €485,638
of which Other amounts payable: +€127,087
- Profit (loss) carried forward -€21,077
down €21,077 (-12.5%), from -€169,041 to -€190,118
- Gross operating margin +€39,853
up €39,853, from -€8,429 to €31,424
- Financial charges -€3,945
down €3,945 (-22.5%), from €17,516 to €13,571
- Depreciation -€3,510
down €3,510 (-10.5%), from €33,348 to €29,838
- Staff costs -€2,188
down €2,188 (-82.3%), from €2,657 to €469
- Other operating charges -€542
down €542 (-6.0%), from €8,967 to €8,425
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 | €1,130,252 | €1,062,671 | -€67,581 | -6.0% |
| Fixed assets | 21/28 | €671,097 | €642,316 | -€28,781 | -4.3% |
| Intangible fixed assets | 21 | €393,714 | €392,904 | -€810 | -0.2% |
| Tangible fixed assets | 22/27 | €277,258 | €249,287 | -€27,971 | -10.1% |
| Land and buildings | 22 | €132,994 | €125,015 | -€7,979 | -6.0% |
| Plant, machinery and equipment | 23 | €135,142 | €117,594 | -€17,549 | -13.0% |
| Furniture and vehicles | 24 | €9,122 | €6,678 | -€2,444 | -26.8% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €459,155 | €420,355 | -€38,800 | -8.5% |
| Stocks and contracts in progress | 3 | €440,014 | €352,826 | -€87,188 | -19.8% |
| Stocks | 30/36 | €440,014 | €352,826 | -€87,188 | -19.8% |
| Amounts receivable within one year | 40/41 | €16,820 | €24,232 | +€7,412 | +44.1% |
| Trade receivables | 40 | €16,820 | €24,232 | +€7,412 | +44.1% |
| Cash at bank and in hand | 54/58 | €2,321 | €43,297 | +€40,976 | +1,766% |
| Total equity and liabilities | 10/49 | €1,130,252 | €1,062,671 | -€67,581 | -6.0% |
| Equity | 10/15 | €461,553 | €440,476 | -€21,077 | -4.6% |
| Contributions | 10/11 | €618,735 | €618,735 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,860 | €11,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,860 | €11,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,041 | -€190,118 | -€21,077 | -12.5% |
| Amounts payable | 17/49 | €668,699 | €622,194 | -€46,504 | -7.0% |
| Amounts payable after more than one year | 17 | €378,421 | €485,638 | +€107,217 | +28.3% |
| Financial debts | 170/4 | €19,870 | - | -€19,870 | |
| Other amounts payable | 178/9 | €358,550 | €485,638 | +€127,087 | +35.4% |
| Amounts payable within one year | 42/48 | €290,278 | €136,557 | -€153,722 | -53.0% |
| Current portion of amounts payable after more than one year | 42 | €20,874 | €19,870 | -€1,004 | -4.8% |
| Financial debts | 43 | €250,000 | €100,000 | -€150,000 | -60.0% |
| Credit institutions | 430/8 | €250,000 | €100,000 | -€150,000 | -60.0% |
| Trade debts | 44 | €15,891 | €9,933 | -€5,958 | -37.5% |
| Suppliers | 440/4 | €15,891 | €9,933 | -€5,958 | -37.5% |
| Advances received on contracts in progress | 46 | €3,500 | €3,700 | +€200 | +5.7% |
| Taxes, remuneration and social security | 45 | €13 | €3,053 | +€3,041 | +24,210% |
| Taxes | 450/3 | €13 | €3,053 | +€3,041 | +24,210% |
| Remuneration, social security and pensions | 62 | €2,657 | €469 | -€2,188 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,348 | €29,838 | -€3,510 | -10.5% |
| Other operating charges | 640/8 | €8,967 | €8,425 | -€542 | -6.0% |
| Non-recurring operating charges | 66A | €1,622 | €307 | -€1,315 | -81.1% |
| Gross operating margin | 9900 | -€8,429 | €31,424 | +€39,853 | |
| Operating profit (loss) | 9901 | -€55,023 | -€7,615 | +€47,408 | +86.2% |
| Financial income | 75/76B | €1 | €109 | +€108 | +9,003% |
| Recurring financial income | 75 | €1 | €109 | +€108 | +9,003% |
| Financial charges | 65/66B | €17,516 | €13,571 | -€3,945 | -22.5% |
| Recurring financial charges | 65 | €17,516 | €13,571 | -€3,945 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€72,538 | -€21,077 | +€51,461 | +70.9% |
| Profit (loss) for the period | 9904 | -€72,538 | -€21,077 | +€51,461 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,538 | -€21,077 | +€51,461 | +70.9% |
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 17 October 2026 via checked.be.