EBDM Consult: 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.
EBDM Consult
Largest movements
- Cash +€33,904
up €33,904 (+29.4%), from €115,342 to €149,247
mainly Net result for the year (+€79,202) and Depreciation (+€9,212)
- Current investments +€31,397
up €31,397 (+523.3%), from €6,000 to €37,397
- Tangible fixed assets +€2,458
up €2,458 (+9.5%), from €25,969 to €28,427
of which Other tangible fixed assets: +€7,984
- Profit (loss) carried forward +€77,536
up €77,536 (+72.0%), from €107,695 to €185,231
- Trade debts -€7,100
down €7,100 (-54.5%), from €13,019 to €5,918
- Other debts -€4,164
down €4,164 (-87.2%), from €4,778 to €614
- Gross operating margin +€11,366
up €11,366 (+11.6%), from €98,186 to €109,553
- Taxes +€2,543
up €2,543 (+13.2%), from €19,284 to €21,827
- Depreciation +€1,446
up €1,446 (+18.6%), from €7,766 to €9,212
- Financial income +€1,246
up €1,246 (+770.9%), from €162 to €1,408
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 | €148,243 | €216,423 | +€68,180 | +46.0% |
| Fixed assets | 21/28 | €25,969 | €28,427 | +€2,458 | +9.5% |
| Tangible fixed assets | 22/27 | €25,969 | €28,427 | +€2,458 | +9.5% |
| Furniture and vehicles | 24 | €25,969 | €20,443 | -€5,526 | -21.3% |
| Other tangible fixed assets | 26 | - | €7,984 | +€7,984 | |
| Current assets | 29/58 | €122,274 | €187,995 | +€65,721 | +53.7% |
| Amounts receivable within one year | 40/41 | - | €393 | +€393 | |
| Trade receivables | 40 | - | €393 | +€393 | |
| Current investments | 50/53 | €6,000 | €37,397 | +€31,397 | +523.3% |
| Cash at bank and in hand | 54/58 | €115,342 | €149,247 | +€33,904 | +29.4% |
| Deferred charges and accrued income | 490/1 | €932 | €960 | +€28 | +3.0% |
| Total equity and liabilities | 10/49 | €148,243 | €216,423 | +€68,180 | +46.0% |
| Equity | 10/15 | €110,695 | €188,231 | +€77,536 | +70.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,695 | €185,231 | +€77,536 | +72.0% |
| Amounts payable | 17/49 | €37,548 | €28,191 | -€9,356 | -24.9% |
| Amounts payable within one year | 42/48 | €37,548 | €28,191 | -€9,356 | -24.9% |
| Trade debts | 44 | €13,019 | €5,918 | -€7,100 | -54.5% |
| Suppliers | 440/4 | €13,019 | €5,918 | -€7,100 | -54.5% |
| Taxes, remuneration and social security | 45 | €19,751 | €21,659 | +€1,908 | +9.7% |
| Taxes | 450/3 | €19,751 | €21,659 | +€1,908 | +9.7% |
| Other amounts payable | 47/48 | €4,778 | €614 | -€4,164 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,766 | €9,212 | +€1,446 | +18.6% |
| Other operating charges | 640/8 | €532 | €447 | -€85 | -16.1% |
| Gross operating margin | 9900 | €98,186 | €109,553 | +€11,366 | +11.6% |
| Operating profit (loss) | 9901 | €89,888 | €99,895 | +€10,006 | +11.1% |
| Financial income | 75/76B | €162 | €1,408 | +€1,246 | +770.9% |
| Recurring financial income | 75 | €162 | €1,408 | +€1,246 | +770.9% |
| Financial charges | 65/66B | €33 | €273 | +€240 | +734.8% |
| Recurring financial charges | 65 | €33 | €273 | +€240 | +734.8% |
| Profit (loss) for the period before taxes | 9903 | €90,017 | €101,029 | +€11,012 | +12.2% |
| Income taxes | 67/77 | €19,284 | €21,827 | +€2,543 | +13.2% |
| Profit (loss) for the period | 9904 | €70,733 | €79,202 | +€8,469 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,733 | €79,202 | +€8,469 | +12.0% |
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 4 October 2026 via checked.be.