SPRL EGEMS: 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.
SPRL EGEMS
Largest movements
- Cash -€24,373
down €24,373 (-67.6%), from €36,074 to €11,700
mainly Net result for the year (-€16,726) and Receivables within one year (-€7,036)
- Receivables within one year +€7,036
up €7,036 (+35.5%), from €19,802 to €26,838
of which Trade receivables: +€8,609
- Stocks and contracts -€1,110
down €1,110 (-50.6%), from €2,193 to €1,083
- Profit (loss) carried forward -€16,726
down €16,726 (-3,042%), from -€550 to -€17,276
- Trade debts -€2,902
down €2,902 (-40.6%), from €7,153 to €4,252
- Other debts +€1,597
up €1,597 (+35.1%), from €4,554 to €6,151
- Gross operating margin -€32,821
down €32,821, from €15,818 to -€17,003
- Write-downs +€3,353
no longer reported in 2025 (was -€3,353)
- Other operating charges -€1,707
down €1,707 (-81.0%), from €2,107 to €400
- Financial income +€1,107
up €1,107 (+280%), from €396 to €1,502
of which Non-recurring financial income: +€1,215
- Depreciation -€753
down €753 (-51.4%), from €1,464 to €711
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 | €58,683 | €40,562 | -€18,121 | -30.9% |
| Fixed assets | 21/28 | €453 | €698 | +€245 | +54.1% |
| Tangible fixed assets | 22/27 | €453 | €698 | +€245 | +54.1% |
| Plant, machinery and equipment | 23 | €453 | €698 | +€245 | +54.1% |
| Current assets | 29/58 | €58,230 | €39,864 | -€18,366 | -31.5% |
| Stocks and contracts in progress | 3 | €2,193 | €1,083 | -€1,110 | -50.6% |
| Stocks | 30/36 | €2,193 | €1,083 | -€1,110 | -50.6% |
| Amounts receivable within one year | 40/41 | €19,802 | €26,838 | +€7,036 | +35.5% |
| Trade receivables | 40 | €8,253 | €16,862 | +€8,609 | +104% |
| Other amounts receivable | 41 | €11,548 | €9,976 | -€1,572 | -13.6% |
| Cash at bank and in hand | 54/58 | €36,074 | €11,700 | -€24,373 | -67.6% |
| Deferred charges and accrued income | 490/1 | €162 | €243 | +€81 | +50.2% |
| Total equity and liabilities | 10/49 | €58,683 | €40,562 | -€18,121 | -30.9% |
| Equity | 10/15 | €46,710 | €29,984 | -€16,726 | -35.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,660 | €28,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,800 | €26,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€550 | -€17,276 | -€16,726 | -3,042% |
| Amounts payable | 17/49 | €11,973 | €10,578 | -€1,395 | -11.6% |
| Amounts payable within one year | 42/48 | €11,973 | €10,578 | -€1,395 | -11.6% |
| Trade debts | 44 | €7,153 | €4,252 | -€2,902 | -40.6% |
| Suppliers | 440/4 | €7,153 | €4,252 | -€2,902 | -40.6% |
| Taxes, remuneration and social security | 45 | €265 | €175 | -€90 | -33.9% |
| Taxes | 450/3 | €265 | €175 | -€90 | -33.9% |
| Other amounts payable | 47/48 | €4,554 | €6,151 | +€1,597 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,464 | €711 | -€753 | -51.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,353 | - | +€3,353 | |
| Other operating charges | 640/8 | €2,107 | €400 | -€1,707 | -81.0% |
| Gross operating margin | 9900 | €15,818 | -€17,003 | -€32,821 | |
| Operating profit (loss) | 9901 | €15,600 | -€18,114 | -€33,714 | |
| Financial income | 75/76B | €396 | €1,502 | +€1,107 | +280% |
| Recurring financial income | 75 | €396 | €287 | -€109 | -27.5% |
| Non-recurring financial income | 76B | - | €1,215 | +€1,215 | |
| Financial charges | 65/66B | €174 | €114 | -€59 | -34.0% |
| Recurring financial charges | 65 | €174 | €114 | -€59 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €15,822 | -€16,726 | -€32,548 | |
| Income taxes | 67/77 | €500 | - | -€500 | |
| Profit (loss) for the period | 9904 | €15,322 | -€16,726 | -€32,048 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,322 | -€16,726 | -€32,048 |
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 22 October 2026 via checked.be.