EASDAQ: 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.
EASDAQ
Largest movements
- Cash +€1.2m
up €1.2m (+613.5%), from €199,117 to €1.4m
mainly Other debts (+€1.1m) and Net result for the year (+€629,160)
- Receivables within one year +€595,253
up €595,253 (+48.6%), from €1.2m to €1.8m
of which Trade receivables: +€601,349
- Other debts +€1.1m
up €1.1m (+112.6%), from €965,971 to €2.1m
- Profit (loss) carried forward +€629,160
up €629,160 (+47.2%), from -€1.3m to -€703,627
- Trade debts +€121,002
up €121,002 (+40.3%), from €300,623 to €421,625
- Turnover +€2.1m
up €2.1m (+24.6%), from €8.4m to €10.4m
- Goods and materials +€1.3m
up €1.3m (+17.0%), from €7.9m to €9.2m
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.
Cash bridge derived
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 | €3,010,156 | €4,863,584 | +€1.9m | +61.6% |
| Fixed assets | 21/28 | €1,367,442 | €1,367,442 | = | 0.0% |
| Financial fixed assets | 28 | €1,367,442 | €1,367,442 | = | 0.0% |
| Affiliated companies | 280/1 | €1,367,442 | €1,367,442 | = | 0.0% |
| Participating interests | 280 | €1,367,442 | €1,367,442 | = | 0.0% |
| Current assets | 29/58 | €1,642,714 | €3,496,142 | +€1.9m | +112.8% |
| Amounts receivable within one year | 40/41 | €1,226,028 | €1,821,281 | +€595,253 | +48.6% |
| Trade receivables | 40 | €1,177,974 | €1,779,323 | +€601,349 | +51.0% |
| Other amounts receivable | 41 | €48,054 | €41,958 | -€6,097 | -12.7% |
| Cash at bank and in hand | 54/58 | €199,117 | €1,420,609 | +€1.2m | +613.5% |
| Deferred charges and accrued income | 490/1 | €217,568 | €254,252 | +€36,684 | +16.9% |
| Total equity and liabilities | 10/49 | €3,010,156 | €4,863,584 | +€1.9m | +61.6% |
| Equity | 10/15 | €1,299,328 | €1,928,488 | +€629,160 | +48.4% |
| Contributions | 10/11 | €2,632,115 | €2,632,115 | = | 0.0% |
| Capital | 10 | €2,632,115 | €2,632,115 | = | 0.0% |
| Issued capital | 100 | €2,632,115 | €2,632,115 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,332,787 | -€703,627 | +€629,160 | +47.2% |
| Amounts payable | 17/49 | €1,710,828 | €2,935,096 | +€1.2m | +71.6% |
| Amounts payable within one year | 42/48 | €1,274,063 | €2,488,592 | +€1.2m | +95.3% |
| Trade debts | 44 | €300,623 | €421,625 | +€121,002 | +40.3% |
| Suppliers | 440/4 | €300,623 | €421,625 | +€121,002 | +40.3% |
| Taxes, remuneration and social security | 45 | €7,469 | €13,110 | +€5,642 | +75.5% |
| Remuneration and social security | 454/9 | €7,469 | €13,110 | +€5,642 | +75.5% |
| Other amounts payable | 47/48 | €965,971 | €2,053,856 | +€1.1m | +112.6% |
| Accrued charges and deferred income | 492/3 | €436,765 | €446,504 | +€9,738 | +2.2% |
| Operating income | 70/76A | €8,370,253 | €10,428,317 | +€2.1m | +24.6% |
| Turnover | 70 | €8,370,253 | €10,428,317 | +€2.1m | +24.6% |
| Operating charges | 60/66A | €8,470,555 | €9,795,387 | +€1.3m | +15.6% |
| Goods for resale, raw materials and consumables | 60 | €7,899,187 | €9,242,095 | +€1.3m | +17.0% |
| Purchases | 600/8 | €7,899,187 | €9,242,095 | +€1.3m | +17.0% |
| Services and other goods | 61 | €568,328 | €544,292 | -€24,036 | -4.2% |
| Other operating charges | 640/8 | €3,039 | €9,000 | +€5,961 | +196.2% |
| Operating profit (loss) | 9901 | -€100,301 | €632,930 | +€733,232 | |
| Financial income | 75/76B | €71,622 | €995 | -€70,627 | -98.6% |
| Recurring financial income | 75 | €71,622 | €995 | -€70,627 | -98.6% |
| Other financial income | 752/9 | €71,622 | €995 | -€70,627 | -98.6% |
| Financial charges | 65/66B | €5,290 | €4,765 | -€524 | -9.9% |
| Recurring financial charges | 65 | €5,290 | €4,765 | -€524 | -9.9% |
| Other financial charges | 652/9 | €5,290 | €4,765 | -€524 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€33,969 | €629,160 | +€663,129 | |
| Profit (loss) for the period | 9904 | -€33,969 | €629,160 | +€663,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,969 | €629,160 | +€663,129 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.