ED MOTOR: 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.
ED MOTOR
Largest movements
- Cash +€45,035
up €45,035 (+360%), from €12,512 to €57,546
mainly Stocks and contracts (+€26,217) and Receivables within one year (+€14,905)
- Stocks and contracts -€26,217
down €26,217 (-34.5%), from €76,017 to €49,800
- Receivables within one year -€14,905
no longer reported in 2025 (was €14,905)
of which Trade receivables: -€10,000
- Profit (loss) carried forward +€6,704
up €6,704 (+37.0%), from €18,143 to €24,847
- Debts after one year -€5,075
down €5,075 (-6.5%), from €78,589 to €73,514
- Tax, wage and social debts +€1,279
up €1,279 (+29.1%), from €4,402 to €5,681
- Turnover +€1.8m
new in 2025: €1.8m
- Purchases and services +€1.8m
new in 2025: €1.8m
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.
Derived cash bridge
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 | €104,226 | €107,911 | +€3,685 | +3.5% |
| Fixed assets | 21/28 | €792 | €384 | -€408 | -51.5% |
| Tangible fixed assets | 22/27 | €792 | €384 | -€408 | -51.5% |
| Plant, machinery and equipment | 23 | €792 | €384 | -€408 | -51.5% |
| Current assets | 29/58 | €103,434 | €107,526 | +€4,093 | +4.0% |
| Stocks and contracts in progress | 3 | €76,017 | €49,800 | -€26,217 | -34.5% |
| Stocks | 30/36 | €76,017 | €49,800 | -€26,217 | -34.5% |
| Amounts receivable within one year | 40/41 | €14,905 | - | -€14,905 | |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €4,905 | - | -€4,905 | |
| Cash at bank and in hand | 54/58 | €12,512 | €57,546 | +€45,035 | +360% |
| Deferred charges and accrued income | 490/1 | - | €180 | +€180 | |
| Total equity and liabilities | 10/49 | €104,226 | €107,911 | +€3,685 | +3.5% |
| Equity | 10/15 | €21,143 | €27,847 | +€6,704 | +31.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,143 | €24,847 | +€6,704 | +37.0% |
| Amounts payable | 17/49 | €83,083 | €80,064 | -€3,019 | -3.6% |
| Amounts payable after more than one year | 17 | €78,589 | €73,514 | -€5,075 | -6.5% |
| Financial debts | 170/4 | €78,589 | €73,514 | -€5,075 | -6.5% |
| Amounts payable within one year | 42/48 | €4,494 | €6,550 | +€2,056 | +45.8% |
| Trade debts | 44 | €92 | €869 | +€776 | +842% |
| Suppliers | 440/4 | €92 | €869 | +€776 | +842% |
| Taxes, remuneration and social security | 45 | €4,402 | €5,681 | +€1,279 | +29.1% |
| Taxes | 450/3 | €4,402 | €5,681 | +€1,279 | +29.1% |
| Turnover | 70 | - | €1,762,364 | +€1.8m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,753,152 | +€1.8m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €408 | = | 0.0% |
| Other operating charges | 640/8 | €970 | €471 | -€499 | -51.5% |
| Non-recurring operating charges | 66A | €20,072 | - | -€20,072 | |
| Gross operating margin | 9900 | €22,078 | €9,356 | -€12,722 | -57.6% |
| Operating profit (loss) | 9901 | €628 | €8,477 | +€7,849 | +1,250% |
| Financial charges | 65/66B | €240 | €97 | -€143 | -59.6% |
| Recurring financial charges | 65 | €240 | €97 | -€143 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €388 | €8,380 | +€7,992 | +2,061% |
| Income taxes | 67/77 | €110 | €1,676 | +€1,566 | +1,428% |
| Profit (loss) for the period | 9904 | €278 | €6,704 | +€6,426 | +2,310% |
| Profit (loss) for the period to be appropriated | 9905 | €278 | €6,704 | +€6,426 | +2,310% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.