E D & P: what changed
Two fiscal 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 & P
Largest movements
- Receivables within one year -€81,888
down €81,888 (-52.5%), from €155,900 to €74,012
of which Trade receivables: -€88,400
- Receivables after one year +€45,393
new in 2024: €45,393
- Stocks and contracts +€30,000
new in 2024: €30,000
- Deferred charges and accrued income +€4,311
up €4,311 (+244.4%), from €1,764 to €6,075
- Cash -€2,483
no longer reported in 2024 (was €2,483)
mainly Receivables after one year (-€45,393) and Stocks and contracts (-€30,000)
- Debts after one year +€27,329
up €27,329 (+37.0%), from €73,879 to €101,209
- Tax, wage and social debts -€16,381
down €16,381 (-77.5%), from €21,126 to €4,745
- Accrued charges and deferred income -€16,303
no longer reported in 2024 (was €16,303)
- Turnover -€45,000
no longer reported in 2024 (was €45,000)
- Purchases and services -€24,728
no longer reported in 2024 (was €24,728)
- Financial income -€23,366
down €23,366 (-92.5%), from €25,254 to €1,887
of which Non-recurring financial income: -€25,254
- Gross operating margin -€10,372
down €10,372 (-51.2%), from €20,272 to €9,900
- Write-downs -€9,567
down €9,567 (-89.5%), from €10,689 to €1,122
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.
Cash bridge derived
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 | €160,147 | €155,479 | -€4,668 | -2.9% |
| Current assets | 29/58 | €160,147 | €155,479 | -€4,668 | -2.9% |
| Amounts receivable after more than one year | 29 | - | €45,393 | +€45,393 | |
| Other amounts receivable | 291 | - | €45,393 | +€45,393 | |
| Stocks and contracts in progress | 3 | - | €30,000 | +€30,000 | |
| Contracts in progress | 37 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €155,900 | €74,012 | -€81,888 | -52.5% |
| Trade receivables | 40 | €88,400 | - | -€88,400 | |
| Other amounts receivable | 41 | €67,500 | €74,012 | +€6,512 | +9.6% |
| Cash at bank and in hand | 54/58 | €2,483 | - | -€2,483 | |
| Deferred charges and accrued income | 490/1 | €1,764 | €6,075 | +€4,311 | +244.4% |
| Total equity and liabilities | 10/49 | €160,147 | €155,479 | -€4,668 | -2.9% |
| Equity | 10/15 | €20,465 | €21,142 | +€677 | +3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14 | €691 | +€677 | +4767.3% |
| Amounts payable | 17/49 | €139,681 | €134,336 | -€5,345 | -3.8% |
| Amounts payable after more than one year | 17 | €73,879 | €101,209 | +€27,329 | +37.0% |
| Other amounts payable | 178/9 | €73,879 | €101,209 | +€27,329 | +37.0% |
| Amounts payable within one year | 42/48 | €49,499 | €33,128 | -€16,371 | -33.1% |
| Financial debts | 43 | - | €634 | +€634 | |
| Credit institutions | 430/8 | - | €634 | +€634 | |
| Trade debts | 44 | €1,564 | - | -€1,564 | |
| Suppliers | 440/4 | €1,564 | - | -€1,564 | |
| Taxes, remuneration and social security | 45 | €21,126 | €4,745 | -€16,381 | -77.5% |
| Taxes | 450/3 | €21,126 | €4,745 | -€16,381 | -77.5% |
| Other amounts payable | 47/48 | €26,809 | €27,749 | +€940 | +3.5% |
| Accrued charges and deferred income | 492/3 | €16,303 | - | -€16,303 | |
| Turnover | 70 | €45,000 | - | -€45,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,728 | - | -€24,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,365 | - | -€9,365 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,689 | €1,122 | -€9,567 | -89.5% |
| Other operating charges | 640/8 | - | €1,770 | +€1,770 | |
| Gross operating margin | 9900 | €20,272 | €9,900 | -€10,372 | -51.2% |
| Operating profit (loss) | 9901 | €219 | €7,009 | +€6,790 | +3107.6% |
| Financial income | 75/76B | €25,254 | €1,887 | -€23,366 | -92.5% |
| Recurring financial income | 75 | €25,254 | €1,887 | -€23,366 | -92.5% |
| Non-recurring financial income | 76B | €25,254 | - | -€25,254 | |
| Financial charges | 65/66B | €6,930 | €7,855 | +€925 | +13.4% |
| Recurring financial charges | 65 | €6,930 | €7,855 | +€925 | +13.4% |
| Non-recurring financial charges | 66B | €6,930 | - | -€6,930 | |
| Profit (loss) for the period before taxes | 9903 | €18,542 | €1,041 | -€17,502 | -94.4% |
| Income taxes | 67/77 | €4,382 | €364 | -€4,018 | -91.7% |
| Profit (loss) for the period | 9904 | €14,161 | €677 | -€13,484 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,161 | €677 | -€13,484 | -95.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.