E D K G: 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 K G
Largest movements
- Receivables within one year -€58,476
down €58,476 (-61.4%), from €95,198 to €36,722
of which Other amounts receivable: -€45,882
- Tangible fixed assets -€8,185
down €8,185 (-2.2%), from €370,161 to €361,976
of which Furniture and vehicles: -€22,081
- Debts after one year -€93,579
down €93,579 (-32.9%), from €284,799 to €191,220
- Trade debts -€92,504
down €92,504 (-66.7%), from €138,737 to €46,233
- Current portion of long-term debt +€69,867
up €69,867, from €0 to €69,867
- Other debts +€69,686
up €69,686 (+1,013%), from €6,880 to €76,566
- Provisions -€25,943
no longer reported in 2024 (was €25,943)
- Purchases and services -€546,780
no longer reported in 2024 (was €546,780)
- Gross operating margin +€57,981
up €57,981 (+123%), from €47,282 to €105,264
- Financial charges +€9,275
up €9,275 (+663%), from €1,399 to €10,674
- Staff costs +€8,017
up €8,017 (+1,412%), from €568 to €8,584
- Depreciation +€4,296
up €4,296 (+9.5%), from €45,255 to €49,551
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €467,448 | €398,847 | -€68,602 | -14.7% |
| Fixed assets | 21/28 | €370,309 | €362,124 | -€8,185 | -2.2% |
| Tangible fixed assets | 22/27 | €370,161 | €361,976 | -€8,185 | -2.2% |
| Land and buildings | 22 | €280,041 | €266,952 | -€13,089 | -4.7% |
| Plant, machinery and equipment | 23 | €9,663 | €36,649 | +€26,985 | +279% |
| Furniture and vehicles | 24 | €80,456 | €58,375 | -€22,081 | -27.4% |
| Financial fixed assets | 28 | €148 | €148 | = | 0.0% |
| Current assets | 29/58 | €97,140 | €36,722 | -€60,417 | -62.2% |
| Amounts receivable within one year | 40/41 | €95,198 | €36,722 | -€58,476 | -61.4% |
| Trade receivables | 40 | €49,016 | €36,422 | -€12,594 | -25.7% |
| Other amounts receivable | 41 | €46,182 | €300 | -€45,882 | -99.4% |
| Cash at bank and in hand | 54/58 | €1,941 | - | -€1,941 | |
| Total equity and liabilities | 10/49 | €467,448 | €398,847 | -€68,602 | -14.7% |
| Equity | 10/15 | €11,089 | €12,838 | +€1,749 | +15.8% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Capital | 10 | - | €13,000 | +€13,000 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €5,600 | +€5,600 | |
| Profit (loss) carried forward | 14 | -€1,911 | -€162 | +€1,749 | +91.5% |
| Provisions and deferred taxes | 16 | €25,943 | - | -€25,943 | |
| Provisions for liabilities and charges | 160/5 | €25,943 | - | -€25,943 | |
| Other liabilities and charges | 164/5 | €25,943 | - | -€25,943 | |
| Amounts payable | 17/49 | €430,416 | €386,008 | -€44,408 | -10.3% |
| Amounts payable after more than one year | 17 | €284,799 | €191,220 | -€93,579 | -32.9% |
| Financial debts | 170/4 | €284,799 | €191,220 | -€93,579 | -32.9% |
| Amounts payable within one year | 42/48 | €145,617 | €194,788 | +€49,171 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | €69,867 | +€69,867 | |
| Trade debts | 44 | €138,737 | €46,233 | -€92,504 | -66.7% |
| Suppliers | 440/4 | €138,737 | €46,233 | -€92,504 | -66.7% |
| Taxes, remuneration and social security | 45 | €0 | €2,122 | +€2,122 | |
| Taxes | 450/3 | €0 | €2,122 | +€2,122 | |
| Other amounts payable | 47/48 | €6,880 | €76,566 | +€69,686 | +1,013% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €546,780 | - | -€546,780 | |
| Remuneration, social security and pensions | 62 | €568 | €8,584 | +€8,017 | +1,412% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,255 | €49,551 | +€4,296 | +9.5% |
| Non-recurring operating charges | 66A | - | €633 | +€633 | |
| Gross operating margin | 9900 | €47,282 | €105,264 | +€57,981 | +123% |
| Operating profit (loss) | 9901 | €1,460 | €46,496 | +€45,036 | +3,084% |
| Financial income | 75/76B | - | €634 | +€634 | |
| Recurring financial income | 75 | - | €634 | +€634 | |
| Financial charges | 65/66B | €1,399 | €10,674 | +€9,275 | +663% |
| Recurring financial charges | 65 | €1,399 | €10,674 | +€9,275 | +663% |
| Profit (loss) for the period before taxes | 9903 | €61 | €36,455 | +€36,394 | +59,448% |
| Profit (loss) for the period | 9904 | €61 | €36,455 | +€36,394 | +59,448% |
| Profit (loss) for the period to be appropriated | 9905 | €61 | €36,455 | +€36,394 | +59,448% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.