EDCA: 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.
EDCA
Largest movements
- Receivables within one year +€34,483
up €34,483, from €0 to €34,483
of which Other amounts receivable: +€34,483
- Tangible fixed assets -€13,221
down €13,221 (-23.4%), from €56,383 to €43,162
- Cash +€8,783
up €8,783 (+3.8%), from €230,556 to €239,339
mainly Other debts (+€175,450) and Net result for the year (+€88,261)
- Other debts +€175,450
up €175,450 (+3803.8%), from €4,613 to €180,063
- Profit (loss) carried forward -€91,802
down €91,802 (-100.0%), from €91,802 to €0
- Tax, wage and social debts -€34,348
down €34,348 (-55.2%), from €62,230 to €27,882
- Debts after one year -€20,041
down €20,041 (-62.4%), from €32,109 to €12,068
- Gross operating margin -€4,375
down €4,375 (-3.2%), from €138,734 to €134,359
- Depreciation +€1,510
up €1,510 (+9.0%), from €16,821 to €18,331
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 | €323,217 | €356,001 | +€32,784 | +10.1% |
| Fixed assets | 21/28 | €56,383 | €43,162 | -€13,221 | -23.4% |
| Tangible fixed assets | 22/27 | €56,383 | €43,162 | -€13,221 | -23.4% |
| Furniture and vehicles | 24 | €56,383 | €43,162 | -€13,221 | -23.4% |
| Current assets | 29/58 | €266,834 | €312,839 | +€46,005 | +17.2% |
| Amounts receivable within one year | 40/41 | €0 | €34,483 | +€34,483 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €34,483 | +€34,483 | |
| Cash at bank and in hand | 54/58 | €230,556 | €239,339 | +€8,783 | +3.8% |
| Deferred charges and accrued income | 490/1 | €36,278 | €39,018 | +€2,740 | +7.6% |
| Total equity and liabilities | 10/49 | €323,217 | €356,001 | +€32,784 | +10.1% |
| Equity | 10/15 | €203,931 | €112,130 | -€91,802 | -45.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €109,130 | €109,130 | = | 0.0% |
| Distributable reserves | 133 | €109,130 | €109,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,802 | €0 | -€91,802 | -100.0% |
| Amounts payable | 17/49 | €119,285 | €243,872 | +€124,586 | +104.4% |
| Amounts payable after more than one year | 17 | €32,109 | €12,068 | -€20,041 | -62.4% |
| Financial debts | 170/4 | €32,109 | €12,068 | -€20,041 | -62.4% |
| Amounts payable within one year | 42/48 | €86,655 | €231,804 | +€145,149 | +167.5% |
| Current portion of amounts payable after more than one year | 42 | €19,252 | €20,041 | +€789 | +4.1% |
| Trade debts | 44 | €561 | €3,818 | +€3,257 | +580.8% |
| Suppliers | 440/4 | €561 | €3,818 | +€3,257 | +580.8% |
| Taxes, remuneration and social security | 45 | €62,230 | €27,882 | -€34,348 | -55.2% |
| Taxes | 450/3 | €62,230 | €27,882 | -€34,348 | -55.2% |
| Other amounts payable | 47/48 | €4,613 | €180,063 | +€175,450 | +3803.8% |
| Accrued charges and deferred income | 492/3 | €522 | €0 | -€522 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,821 | €18,331 | +€1,510 | +9.0% |
| Other operating charges | 640/8 | - | €17 | +€17 | |
| Gross operating margin | 9900 | €138,734 | €134,359 | -€4,375 | -3.2% |
| Operating profit (loss) | 9901 | €121,913 | €116,011 | -€5,901 | -4.8% |
| Financial income | 75/76B | €3 | €720 | +€717 | +28006.3% |
| Recurring financial income | 75 | €3 | €720 | +€717 | +28006.3% |
| Financial charges | 65/66B | €3,326 | €2,429 | -€896 | -27.0% |
| Recurring financial charges | 65 | €3,326 | €2,429 | -€896 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €118,589 | €114,301 | -€4,288 | -3.6% |
| Income taxes | 67/77 | €26,787 | €26,041 | -€747 | -2.8% |
| Profit (loss) for the period | 9904 | €91,802 | €88,261 | -€3,541 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €91,802 | €88,261 | -€3,541 | -3.9% |
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 12 October 2026 via checked.be.