E.D. FINANCES: what changed
What changed
E.D. FINANCES
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€40,306
2024 · €14,988+€25,319
Equity
€156,781
2024 · €116,475+€40,306
Cash
€108,046
2024 · €63,857+€44,189
Balance sheet total
€414,113
2024 · €397,293+€16,820
Largest movements
Assets
- Intangible fixed assets -€54,800
down €54,800 (-50.0%), from €109,600 to €54,800
- Cash +€44,189
up €44,189 (+69.2%), from €63,857 to €108,046
mainly Depreciation (+€77,574) and Net result for the year (+€40,306)
- Tangible fixed assets +€35,249
up €35,249 (+19.3%), from €182,754 to €218,003
of which Furniture and vehicles: +€44,895
- Deferred charges and accrued income -€7,818
down €7,818 (-19.1%), from €40,948 to €33,130
Equity and liabilities
- Reserves +€40,000
up €40,000 (+36.4%), from €109,860 to €149,860
- Debts after one year -€34,508
down €34,508 (-18.4%), from €187,857 to €153,349
- Current portion of long-term debt +€6,223
up €6,223 (+8.1%), from €76,769 to €82,991
Income statement
- Gross operating margin +€26,902
up €26,902 (+15.5%), from €173,468 to €200,370
- Taxes +€9,042
up €9,042 (+1,001%), from €904 to €9,946
- Staff costs -€4,372
down €4,372 (-6.8%), from €64,618 to €60,246
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.
Result 2024
€14,988
Gross operating margin
+€26,902
Staff costs
+€4,372
Depreciation
+€1,982
Other operating charges
-€116
Financial income
+€98
Financial charges
+€1,123
Taxes
-€9,042
Result 2025
€40,306
raises the resultlowers the result
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.
From operations
+€130,497
Investment
-€58,023
Financing
-€28,286
Cash 2024
€63,857
From operations (derived)
+€130,497
Net result for the year
+€40,306
Depreciation
+€77,574
Deferred charges and accrued income
+€7,818
Trade debts
+€407
Tax, wage and social debts
+€2,944
Other debts
+€808
Accrued charges and deferred income
+€641
Investment (derived)
-€58,023
Investment in fixed assets (net)
-€58,023
Financing
-€28,286
Debts after one year
-€34,508
Current portion of long-term debt
+€6,223
Cash 2025
€108,046
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €397,293 | €414,113 | +€16,820 | +4.2% |
| Fixed assets | 21/28 | €292,488 | €272,937 | -€19,551 | -6.7% |
| Intangible fixed assets | 21 | €109,600 | €54,800 | -€54,800 | -50.0% |
| Tangible fixed assets | 22/27 | €182,754 | €218,003 | +€35,249 | +19.3% |
| Land and buildings | 22 | €149,190 | €136,796 | -€12,394 | -8.3% |
| Furniture and vehicles | 24 | €6,460 | €51,355 | +€44,895 | +695% |
| Other tangible fixed assets | 26 | €27,103 | €29,852 | +€2,748 | +10.1% |
| Financial fixed assets | 28 | €134 | €134 | = | 0.0% |
| Current assets | 29/58 | €104,805 | €141,176 | +€36,371 | +34.7% |
| Cash at bank and in hand | 54/58 | €63,857 | €108,046 | +€44,189 | +69.2% |
| Deferred charges and accrued income | 490/1 | €40,948 | €33,130 | -€7,818 | -19.1% |
| Total equity and liabilities | 10/49 | €397,293 | €414,113 | +€16,820 | +4.2% |
| Equity | 10/15 | €116,475 | €156,781 | +€40,306 | +34.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €109,860 | €149,860 | +€40,000 | +36.4% |
| Distributable reserves | 133 | €109,860 | €149,860 | +€40,000 | +36.4% |
| Profit (loss) carried forward | 14 | €415 | €721 | +€306 | +73.9% |
| Amounts payable | 17/49 | €280,818 | €257,332 | -€23,486 | -8.4% |
| Amounts payable after more than one year | 17 | €187,857 | €153,349 | -€34,508 | -18.4% |
| Financial debts | 170/4 | €187,857 | €153,349 | -€34,508 | -18.4% |
| Amounts payable within one year | 42/48 | €88,003 | €98,384 | +€10,381 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €76,769 | €82,991 | +€6,223 | +8.1% |
| Trade debts | 44 | €446 | €852 | +€407 | +91.2% |
| Suppliers | 440/4 | - | €852 | +€852 | |
| Bills of exchange payable | 441 | €446 | - | -€446 | |
| Taxes, remuneration and social security | 45 | €10,500 | €13,444 | +€2,944 | +28.0% |
| Taxes | 450/3 | €764 | €7,781 | +€7,017 | +918% |
| Remuneration and social security | 454/9 | €9,736 | €5,663 | -€4,073 | -41.8% |
| Other amounts payable | 47/48 | €288 | €1,096 | +€808 | +280% |
| Accrued charges and deferred income | 492/3 | €4,959 | €5,600 | +€641 | +12.9% |
| Remuneration, social security and pensions | 62 | €64,618 | €60,246 | -€4,372 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,556 | €77,574 | -€1,982 | -2.5% |
| Other operating charges | 640/8 | €4,002 | €4,118 | +€116 | +2.9% |
| Gross operating margin | 9900 | €173,468 | €200,370 | +€26,902 | +15.5% |
| Operating profit (loss) | 9901 | €25,292 | €58,432 | +€33,140 | +131% |
| Financial income | 75/76B | €465 | €563 | +€98 | +21.0% |
| Recurring financial income | 75 | €465 | €563 | +€98 | +21.0% |
| Financial charges | 65/66B | €9,866 | €8,744 | -€1,123 | -11.4% |
| Recurring financial charges | 65 | €9,866 | €8,744 | -€1,123 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €15,891 | €50,252 | +€34,361 | +216% |
| Income taxes | 67/77 | €904 | €9,946 | +€9,042 | +1,001% |
| Profit (loss) for the period | 9904 | €14,988 | €40,306 | +€25,319 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €14,988 | €40,306 | +€25,319 | +169% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.