E.D. SERVICES: what changed
E.D. SERVICES
Largest movements
- Receivables within one year -€2,626
down €2,626 (-25.0%), from €10,513 to €7,886
of which Trade receivables: -€4,985
- Cash +€2,205
up €2,205 (+17.4%), from €12,673 to €14,878
mainly Receivables within one year (+€2,626) and Trade debts (+€1,263)
- Tangible fixed assets -€1,234
down €1,234 (-14.7%), from €8,366 to €7,133
- Stocks and contracts +€469
up €469 (+9.5%), from €4,927 to €5,395
- Debts after one year -€3,000
down €3,000 (-50.0%), from €6,000 to €3,000
- Trade debts +€1,263
up €1,263 (+1,511%), from €84 to €1,346
- Reserves +€544
up €544 (+2.6%), from €20,773 to €21,317
- Gross operating margin -€1,962
down €1,962 (-30.0%), from €6,550 to €4,588
- Taxes -€942
down €942 (-40.6%), from €2,321 to €1,379
- Financial charges +€376
up €376 (+310%), from €121 to €498
- Financial income -€371
down €371 (-100.0%), from €371 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,018 | €37,043 | -€975 | -2.6% |
| Fixed assets | 21/28 | €8,391 | €7,158 | -€1,234 | -14.7% |
| Tangible fixed assets | 22/27 | €8,366 | €7,133 | -€1,234 | -14.7% |
| Plant, machinery and equipment | 23 | €8,366 | €7,133 | -€1,234 | -14.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €29,627 | €29,885 | +€258 | +0.9% |
| Stocks and contracts in progress | 3 | €4,927 | €5,395 | +€469 | +9.5% |
| Stocks | 30/36 | €4,927 | €5,395 | +€469 | +9.5% |
| Amounts receivable within one year | 40/41 | €10,513 | €7,886 | -€2,626 | -25.0% |
| Trade receivables | 40 | €8,729 | €3,744 | -€4,985 | -57.1% |
| Other amounts receivable | 41 | €1,783 | €4,142 | +€2,358 | +132% |
| Current investments | 50/53 | €4 | €4 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,673 | €14,878 | +€2,205 | +17.4% |
| Deferred charges and accrued income | 490/1 | €1,511 | €1,722 | +€211 | +14.0% |
| Total equity and liabilities | 10/49 | €38,018 | €37,043 | -€975 | -2.6% |
| Equity | 10/15 | €25,773 | €26,317 | +€544 | +2.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,773 | €21,317 | +€544 | +2.6% |
| Distributable reserves | 133 | €20,773 | €21,317 | +€544 | +2.6% |
| Amounts payable | 17/49 | €12,246 | €10,726 | -€1,519 | -12.4% |
| Amounts payable after more than one year | 17 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Financial debts | 170/4 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Amounts payable within one year | 42/48 | €6,246 | €7,726 | +€1,481 | +23.7% |
| Trade debts | 44 | €84 | €1,346 | +€1,263 | +1,511% |
| Suppliers | 440/4 | €84 | €1,346 | +€1,263 | +1,511% |
| Taxes, remuneration and social security | 45 | €5 | - | -€5 | |
| Taxes | 450/3 | €5 | - | -€5 | |
| Other amounts payable | 47/48 | €6,157 | €6,380 | +€222 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,234 | €1,234 | = | 0.0% |
| Other operating charges | 640/8 | €910 | €934 | +€24 | +2.6% |
| Gross operating margin | 9900 | €6,550 | €4,588 | -€1,962 | -30.0% |
| Operating profit (loss) | 9901 | €4,407 | €2,421 | -€1,986 | -45.1% |
| Financial income | 75/76B | €371 | €0 | -€371 | -100.0% |
| Recurring financial income | 75 | €371 | €0 | -€371 | -100.0% |
| Financial charges | 65/66B | €121 | €498 | +€376 | +310% |
| Recurring financial charges | 65 | €121 | €498 | +€376 | +310% |
| Profit (loss) for the period before taxes | 9903 | €4,656 | €1,923 | -€2,733 | -58.7% |
| Income taxes | 67/77 | €2,321 | €1,379 | -€942 | -40.6% |
| Profit (loss) for the period | 9904 | €2,335 | €544 | -€1,791 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,335 | €544 | -€1,791 | -76.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.