EDC INVEST: what changed
EDC INVEST
Largest movements
- Financial fixed assets +€475,000
up €475,000 (+20.9%), from €2.3m to €2.8m
- Receivables after one year -€450,000
no longer reported in 2025 (was €450,000)
- Cash -€111,513
down €111,513 (-92.6%), from €120,399 to €8,886
mainly Investment in fixed assets (net) (-€475,000) and Debts after one year (-€213,018)
- Debts after one year -€213,018
down €213,018 (-22.2%), from €959,185 to €746,167
- Profit (loss) carried forward +€121,196
up €121,196 (+8.5%), from €1.4m to €1.5m
- Financial income -€750,000
down €750,000 (-83.3%), from €900,000 to €150,000
- Financial charges -€4,662
down €4,662 (-15.8%), from €29,439 to €24,778
- Gross operating margin -€1,291
down €1,291 (-74.3%), from -€1,737 to -€3,028
- Other operating charges +€31
up €31 (+3.2%), from €968 to €998
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,845,399 | €2,758,886 | -€86,513 | -3.0% |
| Fixed assets | 21/28 | €2,275,000 | €2,750,000 | +€475,000 | +20.9% |
| Financial fixed assets | 28 | €2,275,000 | €2,750,000 | +€475,000 | +20.9% |
| Current assets | 29/58 | €570,399 | €8,886 | -€561,513 | -98.4% |
| Amounts receivable after more than one year | 29 | €450,000 | - | -€450,000 | |
| Trade receivables | 290 | €450,000 | - | -€450,000 | |
| Cash at bank and in hand | 54/58 | €120,399 | €8,886 | -€111,513 | -92.6% |
| Total equity and liabilities | 10/49 | €2,845,399 | €2,758,886 | -€86,513 | -3.0% |
| Equity | 10/15 | €1,677,697 | €1,798,893 | +€121,196 | +7.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,427,697 | €1,548,893 | +€121,196 | +8.5% |
| Amounts payable | 17/49 | €1,167,702 | €959,993 | -€207,709 | -17.8% |
| Amounts payable after more than one year | 17 | €959,185 | €746,167 | -€213,018 | -22.2% |
| Financial debts | 170/4 | €959,185 | €746,167 | -€213,018 | -22.2% |
| Amounts payable within one year | 42/48 | €208,517 | €213,826 | +€5,310 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €208,218 | €213,018 | +€4,800 | +2.3% |
| Trade debts | 44 | €299 | €808 | +€510 | +171% |
| Suppliers | 440/4 | €299 | €808 | +€510 | +171% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€1,737 | -€3,028 | -€1,291 | -74.3% |
| Operating profit (loss) | 9901 | -€2,705 | -€4,026 | -€1,322 | -48.9% |
| Financial income | 75/76B | €900,000 | €150,000 | -€750,000 | -83.3% |
| Recurring financial income | 75 | €900,000 | €150,000 | -€750,000 | -83.3% |
| Financial charges | 65/66B | €29,439 | €24,778 | -€4,662 | -15.8% |
| Recurring financial charges | 65 | €29,439 | €24,778 | -€4,662 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €867,856 | €121,196 | -€746,660 | -86.0% |
| Profit (loss) for the period | 9904 | €867,856 | €121,196 | -€746,660 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €867,856 | €121,196 | -€746,660 | -86.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.