ED CONSULTING: 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.
ED CONSULTING
Largest movements
- Receivables within one year -€26,426
down €26,426 (-61.4%), from €43,063 to €16,637
of which Trade receivables: -€26,440
- Cash +€17,388
up €17,388 (+25.7%), from €67,756 to €85,143
mainly Receivables within one year (+€26,426) and Net result for the year (+€19,487)
- Deferred charges and accrued income +€7,033
up €7,033 (+514.5%), from €1,367 to €8,400
- Tangible fixed assets +€4,174
up €4,174 (+2339.2%), from €178 to €4,352
of which Furniture and vehicles: +€4,223
- Tax, wage and social debts -€13,216
down €13,216 (-67.2%), from €19,677 to €6,461
- Profit (loss) carried forward +€9,487
up €9,487, from €0 to €9,487
- Other debts +€6,179
up €6,179 (+84.8%), from €7,291 to €13,470
- Contributions +€2,000
up €2,000 (+10.0%), from €20,000 to €22,000
- Reserves -€2,000
down €2,000 (-3.2%), from €63,452 to €61,452
of which Non-distributable reserves: -€2,000
- Gross operating margin -€40,931
down €40,931 (-57.6%), from €71,002 to €30,071
- Taxes -€7,934
down €7,934 (-51.2%), from €15,494 to €7,560
- Other operating charges -€1,868
down €1,868 (-58.3%), from €3,205 to €1,337
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 | €112,364 | €114,533 | +€2,169 | +1.9% |
| Fixed assets | 21/28 | €178 | €4,352 | +€4,174 | +2339.2% |
| Tangible fixed assets | 22/27 | €178 | €4,352 | +€4,174 | +2339.2% |
| Plant, machinery and equipment | 23 | €49 | - | -€49 | |
| Furniture and vehicles | 24 | €129 | €4,352 | +€4,223 | +3262.6% |
| Current assets | 29/58 | €112,186 | €110,181 | -€2,005 | -1.8% |
| Amounts receivable within one year | 40/41 | €43,063 | €16,637 | -€26,426 | -61.4% |
| Trade receivables | 40 | €43,063 | €16,623 | -€26,440 | -61.4% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €67,756 | €85,143 | +€17,388 | +25.7% |
| Deferred charges and accrued income | 490/1 | €1,367 | €8,400 | +€7,033 | +514.5% |
| Total equity and liabilities | 10/49 | €112,364 | €114,533 | +€2,169 | +1.9% |
| Equity | 10/15 | €83,452 | €92,939 | +€9,487 | +11.4% |
| Contributions | 10/11 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Reserves | 13 | €63,452 | €61,452 | -€2,000 | -3.2% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €61,452 | €61,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €9,487 | +€9,487 | |
| Amounts payable | 17/49 | €28,912 | €21,594 | -€7,318 | -25.3% |
| Amounts payable within one year | 42/48 | €28,912 | €21,594 | -€7,318 | -25.3% |
| Trade debts | 44 | €1,944 | €1,663 | -€281 | -14.5% |
| Suppliers | 440/4 | €1,944 | €1,663 | -€281 | -14.5% |
| Taxes, remuneration and social security | 45 | €19,677 | €6,461 | -€13,216 | -67.2% |
| Taxes | 450/3 | €19,677 | €6,461 | -€13,216 | -67.2% |
| Other amounts payable | 47/48 | €7,291 | €13,470 | +€6,179 | +84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €850 | €1,127 | +€277 | +32.6% |
| Other operating charges | 640/8 | €3,205 | €1,337 | -€1,868 | -58.3% |
| Gross operating margin | 9900 | €71,002 | €30,071 | -€40,931 | -57.6% |
| Operating profit (loss) | 9901 | €66,947 | €27,607 | -€39,340 | -58.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Financial charges | 65/66B | €344 | €560 | +€217 | +63.0% |
| Recurring financial charges | 65 | €344 | €560 | +€217 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €66,604 | €27,047 | -€39,557 | -59.4% |
| Income taxes | 67/77 | €15,494 | €7,560 | -€7,934 | -51.2% |
| Profit (loss) for the period | 9904 | €51,110 | €19,487 | -€31,623 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,110 | €19,487 | -€31,623 | -61.9% |
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 5 October 2026 via checked.be.