ED MOOVE: 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 MOOVE
Largest movements
- Cash +€31,333
up €31,333 (+67.9%), from €46,144 to €77,478
mainly Net result for the year (+€30,608) and Deferred charges and accrued income (+€13,941)
- Deferred charges and accrued income -€13,941
down €13,941 (-71.0%), from €19,645 to €5,704
- Tangible fixed assets +€8,503
up €8,503 (+77.6%), from €10,950 to €19,453
- Receivables within one year +€4,175
up €4,175 (+37.8%), from €11,058 to €15,234
of which Other amounts receivable: +€3,893
- Profit (loss) carried forward +€30,608
up €30,608 (+42.9%), from €71,300 to €101,908
- Tax, wage and social debts -€2,420
down €2,420 (-55.6%), from €4,350 to €1,931
of which Taxes: -€4,350
- Short-term financial debts +€2,031
up €2,031 (+59.9%), from €3,393 to €5,424
- Gross operating margin -€7,313
down €7,313 (-13.5%), from €54,073 to €46,760
- Taxes -€1,836
down €1,836 (-12.8%), from €14,350 to €12,515
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 | €87,798 | €117,868 | +€30,070 | +34.2% |
| Fixed assets | 21/28 | €10,950 | €19,453 | +€8,503 | +77.6% |
| Tangible fixed assets | 22/27 | €10,950 | €19,453 | +€8,503 | +77.6% |
| Other tangible fixed assets | 26 | €10,950 | €19,453 | +€8,503 | +77.6% |
| Current assets | 29/58 | €76,848 | €98,415 | +€21,568 | +28.1% |
| Amounts receivable within one year | 40/41 | €11,058 | €15,234 | +€4,175 | +37.8% |
| Trade receivables | 40 | - | €282 | +€282 | |
| Other amounts receivable | 41 | €11,058 | €14,951 | +€3,893 | +35.2% |
| Cash at bank and in hand | 54/58 | €46,144 | €77,478 | +€31,333 | +67.9% |
| Deferred charges and accrued income | 490/1 | €19,645 | €5,704 | -€13,941 | -71.0% |
| Total equity and liabilities | 10/49 | €87,798 | €117,868 | +€30,070 | +34.2% |
| Equity | 10/15 | €73,800 | €104,408 | +€30,608 | +41.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,300 | €101,908 | +€30,608 | +42.9% |
| Amounts payable | 17/49 | €13,998 | €13,460 | -€538 | -3.8% |
| Amounts payable within one year | 42/48 | €13,998 | €13,460 | -€538 | -3.8% |
| Financial debts | 43 | €3,393 | €5,424 | +€2,031 | +59.9% |
| Credit institutions | 430/8 | €3,393 | €5,424 | +€2,031 | +59.9% |
| Trade debts | 44 | €6,255 | €6,105 | -€150 | -2.4% |
| Suppliers | 440/4 | €6,255 | €6,105 | -€150 | -2.4% |
| Taxes, remuneration and social security | 45 | €4,350 | €1,931 | -€2,420 | -55.6% |
| Taxes | 450/3 | €4,350 | - | -€4,350 | |
| Remuneration and social security | 454/9 | - | €1,931 | +€1,931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,342 | €1,498 | +€156 | +11.6% |
| Other operating charges | 640/8 | €1,168 | €695 | -€473 | -40.5% |
| Gross operating margin | 9900 | €54,073 | €46,760 | -€7,313 | -13.5% |
| Operating profit (loss) | 9901 | €51,563 | €44,567 | -€6,996 | -13.6% |
| Financial income | 75/76B | €552 | €655 | +€103 | +18.6% |
| Recurring financial income | 75 | €552 | €655 | +€103 | +18.6% |
| Financial charges | 65/66B | €2,439 | €2,099 | -€339 | -13.9% |
| Recurring financial charges | 65 | €2,439 | €2,099 | -€339 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €49,677 | €43,123 | -€6,554 | -13.2% |
| Income taxes | 67/77 | €14,350 | €12,515 | -€1,836 | -12.8% |
| Profit (loss) for the period | 9904 | €35,326 | €30,608 | -€4,718 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,326 | €30,608 | -€4,718 | -13.4% |
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 29 September 2026 via checked.be.