EDCC: 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.
EDCC
Largest movements
- Receivables after one year +€115,000
new in 2025: €115,000
- Current investments -€70,000
no longer reported in 2025 (was €70,000)
- Cash -€46,536
down €46,536 (-42.6%), from €109,174 to €62,638
mainly Receivables after one year (-€115,000) and Contributions, distributions and other (-€66,000)
- Tangible fixed assets -€12,997
down €12,997 (-7.4%), from €175,991 to €162,994
of which Furniture and vehicles: -€15,954
- Reserves -€30,000
down €30,000 (-17.7%), from €169,425 to €139,425
of which Distributable reserves: -€30,000
- Other debts +€22,693
up €22,693 (+67.7%), from €33,500 to €56,193
- Debts after one year -€16,255
down €16,255 (-33.7%), from €48,269 to €32,014
- Tax, wage and social debts +€9,311
up €9,311 (+20.4%), from €45,632 to €54,944
- Gross operating margin -€35,389
down €35,389 (-33.9%), from €104,308 to €68,919
- Taxes -€8,531
down €8,531 (-37.0%), from €23,046 to €14,515
- Financial income +€3,149
up €3,149 (+279%), from €1,127 to €4,276
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 | €366,871 | €353,885 | -€12,986 | -3.5% |
| Fixed assets | 21/28 | €175,991 | €162,994 | -€12,997 | -7.4% |
| Tangible fixed assets | 22/27 | €175,991 | €162,994 | -€12,997 | -7.4% |
| Land and buildings | 22 | €119,194 | €122,498 | +€3,304 | +2.8% |
| Plant, machinery and equipment | 23 | €3,184 | €2,838 | -€346 | -10.9% |
| Furniture and vehicles | 24 | €53,613 | €37,659 | -€15,954 | -29.8% |
| Current assets | 29/58 | €190,879 | €190,890 | +€11 | 0.0% |
| Amounts receivable after more than one year | 29 | - | €115,000 | +€115,000 | |
| Other amounts receivable | 291 | - | €115,000 | +€115,000 | |
| Stocks and contracts in progress | 3 | €1,000 | - | -€1,000 | |
| Stocks | 30/36 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €4,045 | €3,819 | -€226 | -5.6% |
| Trade receivables | 40 | €1,815 | €3,819 | +€2,004 | +110% |
| Other amounts receivable | 41 | €2,230 | - | -€2,230 | |
| Current investments | 50/53 | €70,000 | - | -€70,000 | |
| Cash at bank and in hand | 54/58 | €109,174 | €62,638 | -€46,536 | -42.6% |
| Deferred charges and accrued income | 490/1 | €6,661 | €9,434 | +€2,773 | +41.6% |
| Total equity and liabilities | 10/49 | €366,871 | €353,885 | -€12,986 | -3.5% |
| Equity | 10/15 | €220,382 | €189,618 | -€30,764 | -14.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €169,425 | €139,425 | -€30,000 | -17.7% |
| Tax-exempt reserves | 132 | €52,625 | €52,625 | = | 0.0% |
| Distributable reserves | 133 | €116,800 | €86,800 | -€30,000 | -25.7% |
| Profit (loss) carried forward | 14 | €957 | €193 | -€764 | -79.8% |
| Amounts payable | 17/49 | €146,489 | €164,267 | +€17,778 | +12.1% |
| Amounts payable after more than one year | 17 | €48,269 | €32,014 | -€16,255 | -33.7% |
| Financial debts | 170/4 | €48,269 | €32,014 | -€16,255 | -33.7% |
| Amounts payable within one year | 42/48 | €96,719 | €130,752 | +€34,033 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €15,732 | €16,255 | +€523 | +3.3% |
| Trade debts | 44 | €1,855 | €3,360 | +€1,505 | +81.2% |
| Suppliers | 440/4 | €1,855 | €3,360 | +€1,505 | +81.2% |
| Taxes, remuneration and social security | 45 | €45,632 | €54,944 | +€9,311 | +20.4% |
| Taxes | 450/3 | €45,632 | €54,944 | +€9,311 | +20.4% |
| Other amounts payable | 47/48 | €33,500 | €56,193 | +€22,693 | +67.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,100 | €20,406 | +€307 | +1.5% |
| Other operating charges | 640/8 | €512 | €608 | +€96 | +18.7% |
| Gross operating margin | 9900 | €104,308 | €68,919 | -€35,389 | -33.9% |
| Operating profit (loss) | 9901 | €83,696 | €47,905 | -€35,791 | -42.8% |
| Financial income | 75/76B | €1,127 | €4,276 | +€3,149 | +279% |
| Recurring financial income | 75 | €1,127 | €4,276 | +€3,149 | +279% |
| Financial charges | 65/66B | €2,391 | €2,429 | +€38 | +1.6% |
| Recurring financial charges | 65 | €2,391 | €2,429 | +€38 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €82,432 | €49,751 | -€32,681 | -39.6% |
| Income taxes | 67/77 | €23,046 | €14,515 | -€8,531 | -37.0% |
| Profit (loss) for the period | 9904 | €59,387 | €35,236 | -€24,150 | -40.7% |
| Transfer to tax-exempt reserves | 689 | €31,575 | - | -€31,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,812 | €35,236 | +€7,425 | +26.7% |
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 18 October 2026 via checked.be.