EDC+: 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.
EDC+
Largest movements
- Cash -€38,999
down €38,999 (-77.6%), from €50,232 to €11,233
mainly Receivables within one year (-€19,752) and Net result for the year (-€9,226)
- Receivables within one year +€19,752
up €19,752 (+91.7%), from €21,529 to €41,281
of which Trade receivables: +€20,030
- Profit (loss) carried forward -€9,226
down €9,226, from €118 to -€9,108
- Tax, wage and social debts -€9,083
down €9,083 (-86.3%), from €10,523 to €1,440
of which Taxes: -€9,364
- Trade debts -€938
down €938 (-57.9%), from €1,620 to €682
- Gross operating margin -€20,387
down €20,387, from €11,972 to -€8,415
- Taxes -€5,853
down €5,853 (-96.6%), from €6,060 to €207
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 | €71,761 | €52,514 | -€19,247 | -26.8% |
| Current assets | 29/58 | €71,761 | €52,514 | -€19,247 | -26.8% |
| Amounts receivable within one year | 40/41 | €21,529 | €41,281 | +€19,752 | +91.7% |
| Trade receivables | 40 | €12,518 | €32,548 | +€20,030 | +160.0% |
| Other amounts receivable | 41 | €9,011 | €8,733 | -€278 | -3.1% |
| Cash at bank and in hand | 54/58 | €50,232 | €11,233 | -€38,999 | -77.6% |
| Total equity and liabilities | 10/49 | €71,761 | €52,514 | -€19,247 | -26.8% |
| Equity | 10/15 | €59,618 | €50,392 | -€9,226 | -15.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €58,500 | €58,500 | = | 0.0% |
| Distributable reserves | 133 | €58,500 | €58,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118 | -€9,108 | -€9,226 | |
| Amounts payable | 17/49 | €12,143 | €2,122 | -€10,021 | -82.5% |
| Amounts payable within one year | 42/48 | €12,143 | €2,122 | -€10,021 | -82.5% |
| Trade debts | 44 | €1,620 | €682 | -€938 | -57.9% |
| Suppliers | 440/4 | €1,620 | €682 | -€938 | -57.9% |
| Taxes, remuneration and social security | 45 | €10,523 | €1,440 | -€9,083 | -86.3% |
| Taxes | 450/3 | €10,523 | €1,159 | -€9,364 | -89.0% |
| Remuneration and social security | 454/9 | - | €281 | +€281 | |
| Other operating charges | 640/8 | €505 | €520 | +€15 | +3.0% |
| Gross operating margin | 9900 | €11,972 | -€8,415 | -€20,387 | |
| Operating profit (loss) | 9901 | €11,467 | -€8,935 | -€20,402 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €87 | €87 | = | 0.0% |
| Recurring financial charges | 65 | €87 | €87 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €11,380 | -€9,019 | -€20,399 | |
| Income taxes | 67/77 | €6,060 | €207 | -€5,853 | -96.6% |
| Profit (loss) for the period | 9904 | €5,320 | -€9,226 | -€14,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,320 | -€9,226 | -€14,546 |
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.