ED-DB: 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-DB
Largest movements
- Cash -€4,241
down €4,241 (-53.5%), from €7,920 to €3,679
mainly Trade debts (-€6,591) and Tax, wage and social debts (-€4,654)
- Tangible fixed assets -€1,129
down €1,129 (-21.9%), from €5,168 to €4,038
of which Furniture and vehicles: -€762
- Receivables within one year -€879
down €879 (-3.6%), from €24,479 to €23,599
of which Other amounts receivable: -€1,806
- Deferred charges and accrued income +€509
new in 2025: €509
- Trade debts -€6,591
down €6,591 (-92.4%), from €7,129 to €538
- Tax, wage and social debts -€4,654
down €4,654 (-62.1%), from €7,495 to €2,841
of which Taxes: -€4,154
- Reserves +€3,000
up €3,000 (+60.0%), from €5,000 to €8,000
- Profit (loss) carried forward +€2,505
up €2,505 (+11.8%), from €21,193 to €23,697
- Depreciation +€874
up €874 (+33.4%), from €2,620 to €3,493
- Taxes +€853
up €853 (+32.2%), from €2,647 to €3,500
- Other operating charges -€399
down €399 (-40.8%), from €977 to €578
- Gross operating margin +€137
up €137 (+1.0%), from €13,174 to €13,312
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 | €43,816 | €38,076 | -€5,740 | -13.1% |
| Fixed assets | 21/28 | €11,418 | €10,288 | -€1,129 | -9.9% |
| Tangible fixed assets | 22/27 | €5,168 | €4,038 | -€1,129 | -21.9% |
| Plant, machinery and equipment | 23 | €993 | €626 | -€367 | -36.9% |
| Furniture and vehicles | 24 | €4,175 | €3,412 | -€762 | -18.3% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €32,398 | €27,788 | -€4,611 | -14.2% |
| Amounts receivable within one year | 40/41 | €24,479 | €23,599 | -€879 | -3.6% |
| Trade receivables | 40 | €21,100 | €22,026 | +€927 | +4.4% |
| Other amounts receivable | 41 | €3,379 | €1,573 | -€1,806 | -53.4% |
| Cash at bank and in hand | 54/58 | €7,920 | €3,679 | -€4,241 | -53.5% |
| Deferred charges and accrued income | 490/1 | - | €509 | +€509 | |
| Total equity and liabilities | 10/49 | €43,816 | €38,076 | -€5,740 | -13.1% |
| Equity | 10/15 | €29,193 | €34,697 | +€5,505 | +18.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €8,000 | +€3,000 | +60.0% |
| Distributable reserves | 133 | €5,000 | €8,000 | +€3,000 | +60.0% |
| Profit (loss) carried forward | 14 | €21,193 | €23,697 | +€2,505 | +11.8% |
| Amounts payable | 17/49 | €14,623 | €3,379 | -€11,245 | -76.9% |
| Amounts payable within one year | 42/48 | €14,623 | €3,379 | -€11,245 | -76.9% |
| Trade debts | 44 | €7,129 | €538 | -€6,591 | -92.4% |
| Suppliers | 440/4 | €7,129 | €538 | -€6,591 | -92.4% |
| Taxes, remuneration and social security | 45 | €7,495 | €2,841 | -€4,654 | -62.1% |
| Taxes | 450/3 | €6,995 | €2,841 | -€4,154 | -59.4% |
| Remuneration and social security | 454/9 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,620 | €3,493 | +€874 | +33.4% |
| Other operating charges | 640/8 | €977 | €578 | -€399 | -40.8% |
| Gross operating margin | 9900 | €13,174 | €13,312 | +€137 | +1.0% |
| Operating profit (loss) | 9901 | €9,577 | €9,240 | -€337 | -3.5% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €232 | €239 | +€7 | +2.9% |
| Recurring financial charges | 65 | €232 | €239 | +€7 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €9,345 | €9,005 | -€341 | -3.6% |
| Income taxes | 67/77 | €2,647 | €3,500 | +€853 | +32.2% |
| Profit (loss) for the period | 9904 | €6,699 | €5,505 | -€1,194 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,699 | €5,505 | -€1,194 | -17.8% |
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 7 October 2026 via checked.be.