EDC Partners: 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.
EDC Partners
Largest movements
- Tangible fixed assets +€183,527
up €183,527 (+63.2%), from €290,603 to €474,130
of which Furniture and vehicles: +€183,442
- Receivables within one year -€34,951
down €34,951 (-35.3%), from €98,897 to €63,946
of which Trade receivables: -€26,057
- Cash +€22,082
up €22,082 (+186%), from €11,849 to €33,932
mainly Debts after one year (+€230,000) and Receivables within one year (+€34,951)
- Debts after one year +€230,000
new in 2025: €230,000
- Other debts -€47,308
down €47,308 (-70.2%), from €67,401 to €20,093
- Trade debts -€15,792
down €15,792 (-35.9%), from €43,964 to €28,172
- Reserves +€13,737
up €13,737 (+5.2%), from €265,448 to €279,184
of which Distributable reserves: +€13,737
- Tax, wage and social debts -€10,479
down €10,479 (-82.9%), from €12,637 to €2,158
of which Taxes: -€11,422
- Depreciation +€23,140
up €23,140 (+229%), from €10,101 to €33,241
- Gross operating margin -€21,008
down €21,008 (-26.7%), from €78,708 to €57,700
- Taxes -€8,748
down €8,748 (-46.8%), from €18,698 to €9,950
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.
Derived cash bridge
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 | €401,850 | €572,008 | +€170,159 | +42.3% |
| Fixed assets | 21/28 | €290,603 | €474,130 | +€183,527 | +63.2% |
| Tangible fixed assets | 22/27 | €290,603 | €474,130 | +€183,527 | +63.2% |
| Plant, machinery and equipment | 23 | €2,562 | €2,647 | +€85 | +3.3% |
| Furniture and vehicles | 24 | €127,887 | €311,329 | +€183,442 | +143% |
| Other tangible fixed assets | 26 | €160,155 | €160,155 | = | 0.0% |
| Current assets | 29/58 | €111,246 | €97,878 | -€13,368 | -12.0% |
| Amounts receivable within one year | 40/41 | €98,897 | €63,946 | -€34,951 | -35.3% |
| Trade receivables | 40 | €57,875 | €31,818 | -€26,057 | -45.0% |
| Other amounts receivable | 41 | €41,023 | €32,129 | -€8,894 | -21.7% |
| Cash at bank and in hand | 54/58 | €11,849 | €33,932 | +€22,082 | +186% |
| Deferred charges and accrued income | 490/1 | €500 | - | -€500 | |
| Total equity and liabilities | 10/49 | €401,850 | €572,008 | +€170,159 | +42.3% |
| Equity | 10/15 | €277,848 | €291,584 | +€13,737 | +4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €265,448 | €279,184 | +€13,737 | +5.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €263,588 | €277,324 | +€13,737 | +5.2% |
| Amounts payable | 17/49 | €124,002 | €280,424 | +€156,422 | +126% |
| Amounts payable after more than one year | 17 | - | €230,000 | +€230,000 | |
| Financial debts | 170/4 | - | €230,000 | +€230,000 | |
| Amounts payable within one year | 42/48 | €124,002 | €50,424 | -€73,578 | -59.3% |
| Trade debts | 44 | €43,964 | €28,172 | -€15,792 | -35.9% |
| Suppliers | 440/4 | €43,964 | €28,172 | -€15,792 | -35.9% |
| Taxes, remuneration and social security | 45 | €12,637 | €2,158 | -€10,479 | -82.9% |
| Taxes | 450/3 | €11,422 | - | -€11,422 | |
| Remuneration and social security | 454/9 | €1,214 | €2,158 | +€944 | +77.7% |
| Other amounts payable | 47/48 | €67,401 | €20,093 | -€47,308 | -70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,101 | €33,241 | +€23,140 | +229% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €78,708 | €57,700 | -€21,008 | -26.7% |
| Operating profit (loss) | 9901 | €68,607 | €24,333 | -€44,274 | -64.5% |
| Financial income | 75/76B | €21 | €24 | +€3 | +16.2% |
| Recurring financial income | 75 | €21 | €24 | +€3 | +16.2% |
| Financial charges | 65/66B | €590 | €670 | +€80 | +13.6% |
| Recurring financial charges | 65 | €590 | €670 | +€80 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €68,037 | €23,686 | -€44,351 | -65.2% |
| Income taxes | 67/77 | €18,698 | €9,950 | -€8,748 | -46.8% |
| Profit (loss) for the period | 9904 | €49,340 | €13,737 | -€35,603 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,340 | €13,737 | -€35,603 | -72.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.