EDA: 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.
EDA
Largest movements
- Receivables within one year +€23,654
up €23,654 (+190.0%), from €12,446 to €36,100
of which Trade receivables: +€24,000
- Tangible fixed assets -€10,972
down €10,972 (-21.5%), from €50,956 to €39,985
of which Furniture and vehicles: -€10,738
- Cash +€10,277
up €10,277 (+24.1%), from €42,652 to €52,929
mainly Net result for the year (+€34,377) and Depreciation (+€12,660)
- Deferred charges and accrued income +€1,789
up €1,789 (+45.3%), from €3,954 to €5,743
- Profit (loss) carried forward +€34,377
new in 2025: €34,377
- Tax, wage and social debts -€6,877
down €6,877 (-24.1%), from €28,523 to €21,646
of which Taxes: -€6,877
- Other debts -€6,303
down €6,303 (-14.1%), from €44,754 to €38,451
- Trade debts +€3,446
up €3,446 (+315.3%), from €1,093 to €4,539
- Taxes -€5,255
down €5,255 (-35.8%), from €14,671 to €9,416
- Financial charges +€2,876
up €2,876 (+5319.2%), from €54 to €2,930
- Depreciation +€2,262
up €2,262 (+21.8%), from €10,398 to €12,660
- Gross operating margin -€1,957
down €1,957 (-3.1%), from €62,215 to €60,258
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 | €141,758 | €166,507 | +€24,748 | +17.5% |
| Fixed assets | 21/28 | €82,706 | €71,735 | -€10,972 | -13.3% |
| Tangible fixed assets | 22/27 | €50,956 | €39,985 | -€10,972 | -21.5% |
| Plant, machinery and equipment | 23 | €2,228 | €1,994 | -€234 | -10.5% |
| Furniture and vehicles | 24 | €48,728 | €37,990 | -€10,738 | -22.0% |
| Financial fixed assets | 28 | €31,750 | €31,750 | = | 0.0% |
| Current assets | 29/58 | €59,052 | €94,772 | +€35,720 | +60.5% |
| Amounts receivable within one year | 40/41 | €12,446 | €36,100 | +€23,654 | +190.0% |
| Trade receivables | 40 | €12,100 | €36,100 | +€24,000 | +198.3% |
| Other amounts receivable | 41 | €346 | €0 | -€346 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,652 | €52,929 | +€10,277 | +24.1% |
| Deferred charges and accrued income | 490/1 | €3,954 | €5,743 | +€1,789 | +45.3% |
| Total equity and liabilities | 10/49 | €141,758 | €166,507 | +€24,748 | +17.5% |
| Equity | 10/15 | €67,375 | €101,753 | +€34,377 | +51.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €64,375 | €64,375 | = | 0.0% |
| Distributable reserves | 133 | €64,375 | €64,375 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €34,377 | +€34,377 | |
| Amounts payable | 17/49 | €74,383 | €64,754 | -€9,629 | -12.9% |
| Amounts payable within one year | 42/48 | €74,383 | €64,754 | -€9,629 | -12.9% |
| Financial debts | 43 | €14 | €118 | +€104 | +753.9% |
| Credit institutions | 430/8 | €14 | €118 | +€104 | +753.9% |
| Trade debts | 44 | €1,093 | €4,539 | +€3,446 | +315.3% |
| Suppliers | 440/4 | €1,093 | €4,539 | +€3,446 | +315.3% |
| Taxes, remuneration and social security | 45 | €28,523 | €21,646 | -€6,877 | -24.1% |
| Taxes | 450/3 | €25,473 | €18,596 | -€6,877 | -27.0% |
| Remuneration and social security | 454/9 | €3,050 | €3,050 | = | 0.0% |
| Other amounts payable | 47/48 | €44,754 | €38,451 | -€6,303 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,398 | €12,660 | +€2,262 | +21.8% |
| Other operating charges | 640/8 | €743 | €875 | +€132 | +17.8% |
| Gross operating margin | 9900 | €62,215 | €60,258 | -€1,957 | -3.1% |
| Operating profit (loss) | 9901 | €51,074 | €46,723 | -€4,351 | -8.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2150.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2150.0% |
| Financial charges | 65/66B | €54 | €2,930 | +€2,876 | +5319.2% |
| Recurring financial charges | 65 | €54 | €2,930 | +€2,876 | +5319.2% |
| Profit (loss) for the period before taxes | 9903 | €51,020 | €43,794 | -€7,226 | -14.2% |
| Income taxes | 67/77 | €14,671 | €9,416 | -€5,255 | -35.8% |
| Profit (loss) for the period | 9904 | €36,349 | €34,377 | -€1,971 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,349 | €34,377 | -€1,971 | -5.4% |
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 5 October 2026 via checked.be.