EDBLAD: 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.
EDBLAD
Largest movements
- Cash +€53,974
up €53,974 (+601.1%), from €8,980 to €62,954
mainly Receivables within one year (+€37,912) and Net result for the year (+€12,939)
- Receivables within one year -€37,912
down €37,912 (-74.1%), from €51,169 to €13,257
of which Trade receivables: -€32,957
- Tangible fixed assets -€4,549
down €4,549 (-25.7%), from €17,677 to €13,128
of which Furniture and vehicles: -€4,268
- Profit (loss) carried forward +€12,939
up €12,939 (+32.7%), from €39,551 to €52,490
- Trade debts -€3,584
down €3,584 (-43.2%), from €8,304 to €4,720
- Tax, wage and social debts +€2,111
up €2,111 (+20.4%), from €10,336 to €12,446
- Gross operating margin +€11,745
up €11,745 (+47.4%), from €24,777 to €36,522
- Write-downs +€9,646
new in 2025: €9,646
- Depreciation +€1,217
up €1,217 (+27.7%), from €4,393 to €5,610
- Taxes +€464
up €464 (+7.8%), from €5,980 to €6,444
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 | €78,981 | €90,446 | +€11,465 | +14.5% |
| Fixed assets | 21/28 | €18,697 | €14,148 | -€4,549 | -24.3% |
| Tangible fixed assets | 22/27 | €17,677 | €13,128 | -€4,549 | -25.7% |
| Land and buildings | 22 | €1,244 | €964 | -€280 | -22.5% |
| Furniture and vehicles | 24 | €16,433 | €12,164 | -€4,268 | -26.0% |
| Financial fixed assets | 28 | €1,020 | €1,020 | = | 0.0% |
| Current assets | 29/58 | €60,285 | €76,299 | +€16,014 | +26.6% |
| Amounts receivable within one year | 40/41 | €51,169 | €13,257 | -€37,912 | -74.1% |
| Trade receivables | 40 | €39,487 | €6,530 | -€32,957 | -83.5% |
| Other amounts receivable | 41 | €11,682 | €6,727 | -€4,955 | -42.4% |
| Cash at bank and in hand | 54/58 | €8,980 | €62,954 | +€53,974 | +601.1% |
| Deferred charges and accrued income | 490/1 | €136 | €88 | -€48 | -35.5% |
| Total equity and liabilities | 10/49 | €78,981 | €90,446 | +€11,465 | +14.5% |
| Equity | 10/15 | €60,341 | €73,280 | +€12,939 | +21.4% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €1,890 | €1,890 | = | 0.0% |
| Distributable reserves | 133 | €1,890 | €1,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,551 | €52,490 | +€12,939 | +32.7% |
| Amounts payable | 17/49 | €18,640 | €17,166 | -€1,474 | -7.9% |
| Amounts payable within one year | 42/48 | €18,640 | €17,166 | -€1,474 | -7.9% |
| Trade debts | 44 | €8,304 | €4,720 | -€3,584 | -43.2% |
| Suppliers | 440/4 | €8,304 | €4,720 | -€3,584 | -43.2% |
| Taxes, remuneration and social security | 45 | €10,336 | €12,446 | +€2,111 | +20.4% |
| Taxes | 450/3 | €10,336 | €12,446 | +€2,111 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,393 | €5,610 | +€1,217 | +27.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,646 | +€9,646 | |
| Other operating charges | 640/8 | €1,299 | €1,523 | +€224 | +17.2% |
| Gross operating margin | 9900 | €24,777 | €36,522 | +€11,745 | +47.4% |
| Operating profit (loss) | 9901 | €19,085 | €19,742 | +€657 | +3.4% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €255 | €362 | +€107 | +42.0% |
| Recurring financial charges | 65 | €255 | €362 | +€107 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €18,830 | €19,383 | +€552 | +2.9% |
| Income taxes | 67/77 | €5,980 | €6,444 | +€464 | +7.8% |
| Profit (loss) for the period | 9904 | €12,851 | €12,939 | +€88 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,851 | €12,939 | +€88 | +0.7% |
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 10 October 2026 via checked.be.