EBDS ENGINEERING: 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.
EBDS ENGINEERING
Largest movements
- Cash +€188,617
up €188,617 (+130%), from €145,503 to €334,119
mainly Depreciation (+€83,678) and Receivables within one year (+€51,672)
- Receivables within one year -€51,672
down €51,672 (-71.3%), from €72,469 to €20,797
of which Trade receivables: -€48,968
- Tangible fixed assets -€42,905
down €42,905 (-19.8%), from €216,892 to €173,987
- Short-term financial debts +€50,000
new in 2024: €50,000
- Tax, wage and social debts +€46,258
up €46,258 (+103%), from €45,003 to €91,261
of which Taxes: +€45,141
- Debts after one year -€18,963
down €18,963 (-12.9%), from €147,466 to €128,503
- Profit (loss) carried forward +€10,983
up €10,983 (+4.5%), from €242,049 to €253,032
- Gross operating margin +€93,482
up €93,482 (+60.4%), from €154,783 to €248,264
- Depreciation -€26,608
down €26,608 (-24.1%), from €110,286 to €83,678
- Staff costs +€6,488
up €6,488 (+4.8%), from €134,536 to €141,024
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.
Derived cash bridge
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 | €546,127 | €639,737 | +€93,609 | +17.1% |
| Fixed assets | 21/28 | €316,576 | €271,872 | -€44,704 | -14.1% |
| Intangible fixed assets | 21 | €99,417 | €97,619 | -€1,798 | -1.8% |
| Tangible fixed assets | 22/27 | €216,892 | €173,987 | -€42,905 | -19.8% |
| Land and buildings | 22 | €165,518 | €153,808 | -€11,710 | -7.1% |
| Plant, machinery and equipment | 23 | €28,580 | €15,778 | -€12,801 | -44.8% |
| Furniture and vehicles | 24 | €22,794 | €4,400 | -€18,394 | -80.7% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €229,552 | €367,865 | +€138,313 | +60.3% |
| Amounts receivable within one year | 40/41 | €72,469 | €20,797 | -€51,672 | -71.3% |
| Trade receivables | 40 | €59,906 | €10,938 | -€48,968 | -81.7% |
| Other amounts receivable | 41 | €12,563 | €9,859 | -€2,704 | -21.5% |
| Cash at bank and in hand | 54/58 | €145,503 | €334,119 | +€188,617 | +130% |
| Deferred charges and accrued income | 490/1 | €11,580 | €12,949 | +€1,368 | +11.8% |
| Total equity and liabilities | 10/49 | €546,127 | €639,737 | +€93,609 | +17.1% |
| Equity | 10/15 | €256,309 | €267,292 | +€10,983 | +4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,049 | €253,032 | +€10,983 | +4.5% |
| Amounts payable | 17/49 | €289,819 | €372,445 | +€82,626 | +28.5% |
| Amounts payable after more than one year | 17 | €147,466 | €128,503 | -€18,963 | -12.9% |
| Financial debts | 170/4 | €147,466 | €128,503 | -€18,963 | -12.9% |
| Amounts payable within one year | 42/48 | €91,033 | €188,772 | +€97,739 | +107% |
| Current portion of amounts payable after more than one year | 42 | €18,716 | €18,963 | +€247 | +1.3% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €15,642 | €11,785 | -€3,857 | -24.7% |
| Suppliers | 440/4 | €15,642 | €11,785 | -€3,857 | -24.7% |
| Taxes, remuneration and social security | 45 | €45,003 | €91,261 | +€46,258 | +103% |
| Taxes | 450/3 | €10,694 | €55,835 | +€45,141 | +422% |
| Remuneration and social security | 454/9 | €34,309 | €35,426 | +€1,117 | +3.3% |
| Other amounts payable | 47/48 | €11,673 | €16,763 | +€5,090 | +43.6% |
| Accrued charges and deferred income | 492/3 | €51,320 | €55,170 | +€3,850 | +7.5% |
| Remuneration, social security and pensions | 62 | €134,536 | €141,024 | +€6,488 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,286 | €83,678 | -€26,608 | -24.1% |
| Other operating charges | 640/8 | €5,990 | €5,899 | -€90 | -1.5% |
| Gross operating margin | 9900 | €154,783 | €248,264 | +€93,482 | +60.4% |
| Operating profit (loss) | 9901 | -€96,029 | €17,664 | +€113,692 | |
| Financial income | 75/76B | €0 | €86 | +€86 | +431,900% |
| Recurring financial income | 75 | €0 | €86 | +€86 | +431,900% |
| Financial charges | 65/66B | €4,053 | €5,664 | +€1,611 | +39.8% |
| Recurring financial charges | 65 | €4,053 | €5,664 | +€1,611 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | -€100,082 | €12,086 | +€112,168 | |
| Income taxes | 67/77 | €897 | €1,102 | +€206 | +22.9% |
| Profit (loss) for the period | 9904 | -€100,978 | €10,983 | +€111,962 | |
| Profit (loss) for the period to be appropriated | 9905 | -€100,978 | €10,983 | +€111,962 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.