E.D.W. CONSULT: 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.W. CONSULT
Largest movements
- Tangible fixed assets -€14,662
down €14,662 (-5.3%), from €274,542 to €259,880
of which Furniture and vehicles: -€10,063
- Cash -€4,137
down €4,137 (-27.3%), from €15,150 to €11,013
mainly Contributions, distributions and other (-€23,383) and Investment in fixed assets (net) (-€13,778)
- Reserves -€18,050
down €18,050 (-23.7%), from €76,110 to €58,060
- Other debts +€17,182
up €17,182 (+11.5%), from €148,893 to €166,075
- Debts after one year -€11,432
down €11,432 (-42.5%), from €26,896 to €15,464
- Trade debts -€5,708
down €5,708 (-39.8%), from €14,337 to €8,629
- Gross operating margin +€10,594
up €10,594 (+35.1%), from €30,181 to €40,776
- Financial income -€7,034
down €7,034 (-99.6%), from €7,061 to €27
- Taxes +€1,561
up €1,561 (+60.2%), from €2,591 to €4,152
- Depreciation -€596
down €596 (-2.1%), from €29,035 to €28,439
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.
Derived cash bridge
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 | €310,573 | €290,099 | -€20,474 | -6.6% |
| Fixed assets | 21/28 | €274,542 | €259,880 | -€14,662 | -5.3% |
| Tangible fixed assets | 22/27 | €274,542 | €259,880 | -€14,662 | -5.3% |
| Land and buildings | 22 | €263,909 | €259,310 | -€4,598 | -1.7% |
| Furniture and vehicles | 24 | €10,634 | €570 | -€10,063 | -94.6% |
| Current assets | 29/58 | €36,031 | €30,218 | -€5,812 | -16.1% |
| Amounts receivable within one year | 40/41 | €19,509 | €17,948 | -€1,561 | -8.0% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €7,409 | €5,848 | -€1,561 | -21.1% |
| Cash at bank and in hand | 54/58 | €15,150 | €11,013 | -€4,137 | -27.3% |
| Deferred charges and accrued income | 490/1 | €1,372 | €1,257 | -€115 | -8.4% |
| Total equity and liabilities | 10/49 | €310,573 | €290,099 | -€20,474 | -6.6% |
| Equity | 10/15 | €101,611 | €83,049 | -€18,563 | -18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,110 | €58,060 | -€18,050 | -23.7% |
| Distributable reserves | 133 | €76,110 | €58,060 | -€18,050 | -23.7% |
| Profit (loss) carried forward | 14 | €19,301 | €18,789 | -€513 | -2.7% |
| Amounts payable | 17/49 | €208,962 | €207,050 | -€1,912 | -0.9% |
| Amounts payable after more than one year | 17 | €26,896 | €15,464 | -€11,432 | -42.5% |
| Financial debts | 170/4 | €26,896 | €15,464 | -€11,432 | -42.5% |
| Amounts payable within one year | 42/48 | €180,564 | €190,052 | +€9,489 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €11,292 | €11,432 | +€140 | +1.2% |
| Trade debts | 44 | €14,337 | €8,629 | -€5,708 | -39.8% |
| Suppliers | 440/4 | €14,337 | €8,629 | -€5,708 | -39.8% |
| Taxes, remuneration and social security | 45 | €6,042 | €3,917 | -€2,125 | -35.2% |
| Taxes | 450/3 | €3,742 | €1,617 | -€2,125 | -56.8% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €148,893 | €166,075 | +€17,182 | +11.5% |
| Accrued charges and deferred income | 492/3 | €1,503 | €1,534 | +€32 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,035 | €28,439 | -€596 | -2.1% |
| Other operating charges | 640/8 | €3,062 | €2,728 | -€335 | -10.9% |
| Gross operating margin | 9900 | €30,181 | €40,776 | +€10,594 | +35.1% |
| Operating profit (loss) | 9901 | -€1,916 | €9,609 | +€11,525 | |
| Financial income | 75/76B | €7,061 | €27 | -€7,034 | -99.6% |
| Recurring financial income | 75 | €7,061 | €27 | -€7,034 | -99.6% |
| Financial charges | 65/66B | €815 | €664 | -€151 | -18.5% |
| Recurring financial charges | 65 | €815 | €664 | -€151 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €4,330 | €8,972 | +€4,642 | +107% |
| Income taxes | 67/77 | €2,591 | €4,152 | +€1,561 | +60.2% |
| Profit (loss) for the period | 9904 | €1,739 | €4,820 | +€3,082 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €1,739 | €4,820 | +€3,082 | +177% |
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 19 October 2026 via checked.be.