ED SYS: 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 SYS
Largest movements
- Cash +€6,517
up €6,517 (+205.2%), from €3,176 to €9,693
mainly Receivables within one year (+€4,028) and Depreciation (+€3,913)
- Receivables within one year -€4,028
down €4,028 (-11.8%), from €34,154 to €30,126
of which Trade receivables: -€3,678
- Tangible fixed assets -€3,913
down €3,913 (-51.6%), from €7,587 to €3,674
- Trade debts -€1,206
down €1,206 (-6.9%), from €17,387 to €16,181
- Profit (loss) carried forward -€745
down €745 (-13.0%), from -€5,718 to -€6,463
- Gross operating margin -€8,851
down €8,851 (-49.5%), from €17,876 to €9,025
- Other operating charges +€5,343
new in 2025: €5,343
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 | €44,917 | €43,493 | -€1,424 | -3.2% |
| Fixed assets | 21/28 | €7,587 | €3,674 | -€3,913 | -51.6% |
| Tangible fixed assets | 22/27 | €7,587 | €3,674 | -€3,913 | -51.6% |
| Furniture and vehicles | 24 | €7,587 | €3,674 | -€3,913 | -51.6% |
| Current assets | 29/58 | €37,330 | €39,819 | +€2,489 | +6.7% |
| Amounts receivable within one year | 40/41 | €34,154 | €30,126 | -€4,028 | -11.8% |
| Trade receivables | 40 | €33,780 | €30,102 | -€3,678 | -10.9% |
| Other amounts receivable | 41 | €374 | €24 | -€350 | -93.6% |
| Cash at bank and in hand | 54/58 | €3,176 | €9,693 | +€6,517 | +205.2% |
| Total equity and liabilities | 10/49 | €44,917 | €43,493 | -€1,424 | -3.2% |
| Equity | 10/15 | €14,742 | €13,997 | -€745 | -5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,718 | -€6,463 | -€745 | -13.0% |
| Amounts payable | 17/49 | €30,175 | €29,496 | -€679 | -2.3% |
| Amounts payable within one year | 42/48 | €30,175 | €29,496 | -€679 | -2.3% |
| Trade debts | 44 | €17,387 | €16,181 | -€1,206 | -6.9% |
| Suppliers | 440/4 | €17,387 | €16,181 | -€1,206 | -6.9% |
| Taxes, remuneration and social security | 45 | €590 | €767 | +€176 | +29.8% |
| Taxes | 450/3 | €590 | €767 | +€176 | +29.8% |
| Other amounts payable | 47/48 | €12,198 | €12,548 | +€350 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,833 | €3,913 | +€80 | +2.1% |
| Other operating charges | 640/8 | - | €5,343 | +€5,343 | |
| Gross operating margin | 9900 | €17,876 | €9,025 | -€8,851 | -49.5% |
| Operating profit (loss) | 9901 | €14,043 | -€231 | -€14,274 | |
| Financial charges | 65/66B | €191 | €338 | +€147 | +77.1% |
| Recurring financial charges | 65 | €191 | €338 | +€147 | +77.1% |
| Profit (loss) for the period before taxes | 9903 | €13,852 | -€569 | -€14,421 | |
| Income taxes | 67/77 | €171 | €176 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €13,682 | -€745 | -€14,426 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,682 | -€745 | -€14,426 |
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 11 October 2026 via checked.be.