ED PARTNERS: 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 PARTNERS
Largest movements
- Receivables after one year -€13,810
down €13,810 (-16.9%), from €81,495 to €67,685
- Cash -€4,674
down €4,674 (-98.5%), from €4,743 to €70
mainly Contributions, distributions and other (-€37,600) and Debts after one year (-€16,481)
- Debts after one year -€16,481
down €16,481 (-97.8%), from €16,845 to €364
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Tax, wage and social debts -€9,790
down €9,790 (-34.9%), from €28,081 to €18,291
- Profit (loss) carried forward -€6,259
down €6,259 (-7.8%), from €79,877 to €73,618
- Gross operating margin -€42,838
down €42,838 (-58.8%), from €72,892 to €30,054
- Taxes -€9,990
down €9,990 (-51.7%), from €19,339 to €9,349
- Financial income -€3,169
down €3,169 (-11.4%), from €27,684 to €24,515
- Financial charges -€1,786
down €1,786 (-62.3%), from €2,866 to €1,080
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 | €152,427 | €132,966 | -€19,461 | -12.8% |
| Fixed assets | 21/28 | €62,451 | €62,451 | = | 0.0% |
| Financial fixed assets | 28 | €62,451 | €62,451 | = | 0.0% |
| Current assets | 29/58 | €89,976 | €70,515 | -€19,461 | -21.6% |
| Amounts receivable after more than one year | 29 | €81,495 | €67,685 | -€13,810 | -16.9% |
| Other amounts receivable | 291 | €81,495 | €67,685 | -€13,810 | -16.9% |
| Amounts receivable within one year | 40/41 | €3,092 | €2,114 | -€978 | -31.6% |
| Other amounts receivable | 41 | €3,092 | €2,114 | -€978 | -31.6% |
| Cash at bank and in hand | 54/58 | €4,743 | €70 | -€4,674 | -98.5% |
| Deferred charges and accrued income | 490/1 | €646 | €646 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €152,427 | €132,966 | -€19,461 | -12.8% |
| Equity | 10/15 | €86,077 | €92,218 | +€6,141 | +7.1% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Profit (loss) carried forward | 14 | €79,877 | €73,618 | -€6,259 | -7.8% |
| Amounts payable | 17/49 | €66,350 | €40,748 | -€25,602 | -38.6% |
| Amounts payable after more than one year | 17 | €16,845 | €364 | -€16,481 | -97.8% |
| Financial debts | 170/4 | €16,845 | €364 | -€16,481 | -97.8% |
| Amounts payable within one year | 42/48 | €49,505 | €40,384 | -€9,121 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €20,338 | €20,455 | +€117 | +0.6% |
| Trade debts | 44 | €1,086 | €1,638 | +€552 | +50.8% |
| Suppliers | 440/4 | €1,086 | €1,638 | +€552 | +50.8% |
| Taxes, remuneration and social security | 45 | €28,081 | €18,291 | -€9,790 | -34.9% |
| Taxes | 450/3 | €28,081 | €18,291 | -€9,790 | -34.9% |
| Other operating charges | 640/8 | €509 | €399 | -€110 | -21.5% |
| Gross operating margin | 9900 | €72,892 | €30,054 | -€42,838 | -58.8% |
| Operating profit (loss) | 9901 | €72,384 | €29,655 | -€42,728 | -59.0% |
| Financial income | 75/76B | €27,684 | €24,515 | -€3,169 | -11.4% |
| Recurring financial income | 75 | €27,684 | €24,515 | -€3,169 | -11.4% |
| Financial charges | 65/66B | €2,866 | €1,080 | -€1,786 | -62.3% |
| Recurring financial charges | 65 | €2,866 | €1,080 | -€1,786 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €97,202 | €53,090 | -€44,111 | -45.4% |
| Income taxes | 67/77 | €19,339 | €9,349 | -€9,990 | -51.7% |
| Profit (loss) for the period | 9904 | €77,863 | €43,741 | -€34,122 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,863 | €43,741 | -€34,122 | -43.8% |
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 12 October 2026 via checked.be.