E.D.CLOUD: 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.
E.D.CLOUD
Largest movements
- Cash -€26,423
down €26,423 (-77.1%), from €34,284 to €7,861
mainly Debts after one year (-€15,180) and Investment in fixed assets (net) (-€14,500)
- Receivables within one year +€12,760
up €12,760 (+351.1%), from €3,634 to €16,394
of which Trade receivables: +€10,104
- Intangible fixed assets -€3,477
down €3,477 (-6.4%), from €53,930 to €50,453
- Debts after one year -€15,180
down €15,180 (-25.7%), from €58,980 to €43,799
- Tax, wage and social debts +€6,508
new in 2025: €6,508
- Profit (loss) carried forward -€5,132
down €5,132 (-500.6%), from -€1,025 to -€6,157
- Trade debts -€4,603
down €4,603 (-60.5%), from €7,603 to €3,000
- Depreciation +€18,844
new in 2025: €18,844
- Gross operating margin +€17,019
up €17,019, from -€2,219 to €14,800
- Financial income -€3,393
no longer reported in 2025 (was €3,393)
- Other operating charges -€804
no longer reported in 2025 (was €804)
- Financial charges -€308
down €308 (-22.1%), from €1,395 to €1,087
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 | €94,451 | €76,444 | -€18,008 | -19.1% |
| Formation expenses | 20 | €2,003 | €1,335 | -€668 | -33.3% |
| Fixed assets | 21/28 | €54,530 | €50,853 | -€3,677 | -6.7% |
| Intangible fixed assets | 21 | €53,930 | €50,453 | -€3,477 | -6.4% |
| Tangible fixed assets | 22/27 | €600 | €400 | -€200 | -33.3% |
| Plant, machinery and equipment | 23 | €600 | €400 | -€200 | -33.3% |
| Current assets | 29/58 | €37,918 | €24,255 | -€13,663 | -36.0% |
| Amounts receivable within one year | 40/41 | €3,634 | €16,394 | +€12,760 | +351.1% |
| Trade receivables | 40 | €126 | €10,230 | +€10,104 | +8019.2% |
| Other amounts receivable | 41 | €3,508 | €6,164 | +€2,656 | +75.7% |
| Cash at bank and in hand | 54/58 | €34,284 | €7,861 | -€26,423 | -77.1% |
| Total equity and liabilities | 10/49 | €94,451 | €76,444 | -€18,008 | -19.1% |
| Equity | 10/15 | €13,975 | €8,843 | -€5,132 | -36.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | - | -€15,000 | |
| Issued capital | 100 | €15,000 | - | -€15,000 | |
| Profit (loss) carried forward | 14 | -€1,025 | -€6,157 | -€5,132 | -500.6% |
| Amounts payable | 17/49 | €80,477 | €67,601 | -€12,876 | -16.0% |
| Amounts payable after more than one year | 17 | €58,980 | €43,799 | -€15,180 | -25.7% |
| Financial debts | 170/4 | €58,980 | €43,799 | -€15,180 | -25.7% |
| Amounts payable within one year | 42/48 | €21,497 | €23,801 | +€2,304 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €13,893 | €14,293 | +€400 | +2.9% |
| Trade debts | 44 | €7,603 | €3,000 | -€4,603 | -60.5% |
| Suppliers | 440/4 | €7,603 | €3,000 | -€4,603 | -60.5% |
| Taxes, remuneration and social security | 45 | - | €6,508 | +€6,508 | |
| Taxes | 450/3 | - | €6,508 | +€6,508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €18,844 | +€18,844 | |
| Other operating charges | 640/8 | €804 | - | -€804 | |
| Gross operating margin | 9900 | -€2,219 | €14,800 | +€17,019 | |
| Operating profit (loss) | 9901 | -€3,023 | -€4,045 | -€1,022 | -33.8% |
| Financial income | 75/76B | €3,393 | - | -€3,393 | |
| Recurring financial income | 75 | €3,393 | - | -€3,393 | |
| Financial charges | 65/66B | €1,395 | €1,087 | -€308 | -22.1% |
| Recurring financial charges | 65 | €1,395 | €1,087 | -€308 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,025 | -€5,132 | -€4,107 | -400.6% |
| Profit (loss) for the period | 9904 | -€1,025 | -€5,132 | -€4,107 | -400.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,025 | -€5,132 | -€4,107 | -400.6% |
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 11 October 2026 via checked.be.