EDCOM: 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.
EDCOM
Largest movements
- Tangible fixed assets -€7,709
down €7,709 (-72.3%), from €10,658 to €2,949
- Deferred charges and accrued income +€790
up €790 (+44.4%), from €1,782 to €2,572
- Cash +€782
up €782 (+106%), from €739 to €1,521
mainly Other debts (+€22,144) and Depreciation (+€7,709)
- Receivables within one year -€736
down €736 (-17.0%), from €4,317 to €3,581
of which Other amounts receivable: -€736
- Profit (loss) carried forward -€29,737
down €29,737 (-6.8%), from -€436,477 to -€466,214
- Other debts +€22,144
up €22,144 (+5.0%), from €443,305 to €465,449
- Trade debts +€725
up €725 (+31.8%), from €2,279 to €3,003
- Gross operating margin +€4,100
up €4,100 (+15.5%), from -€26,420 to -€22,320
- Other operating charges -€1,502
down €1,502 (-78.5%), from €1,913 to €411
- Financial income +€1,090
up €1,090, from €0 to €1,090
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 | €17,495 | €10,623 | -€6,872 | -39.3% |
| Fixed assets | 21/28 | €10,658 | €2,949 | -€7,709 | -72.3% |
| Tangible fixed assets | 22/27 | €10,658 | €2,949 | -€7,709 | -72.3% |
| Furniture and vehicles | 24 | €10,658 | €2,949 | -€7,709 | -72.3% |
| Current assets | 29/58 | €6,837 | €7,674 | +€837 | +12.2% |
| Amounts receivable within one year | 40/41 | €4,317 | €3,581 | -€736 | -17.0% |
| Trade receivables | 40 | €3,183 | €3,183 | = | 0.0% |
| Other amounts receivable | 41 | €1,133 | €398 | -€736 | -64.9% |
| Cash at bank and in hand | 54/58 | €739 | €1,521 | +€782 | +106% |
| Deferred charges and accrued income | 490/1 | €1,782 | €2,572 | +€790 | +44.4% |
| Total equity and liabilities | 10/49 | €17,495 | €10,623 | -€6,872 | -39.3% |
| Equity | 10/15 | -€428,422 | -€458,159 | -€29,737 | -6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€436,477 | -€466,214 | -€29,737 | -6.8% |
| Amounts payable | 17/49 | €445,917 | €468,782 | +€22,865 | +5.1% |
| Amounts payable within one year | 42/48 | €445,917 | €468,782 | +€22,865 | +5.1% |
| Trade debts | 44 | €2,279 | €3,003 | +€725 | +31.8% |
| Suppliers | 440/4 | €2,279 | €3,003 | +€725 | +31.8% |
| Taxes, remuneration and social security | 45 | €333 | €330 | -€4 | -1.1% |
| Taxes | 450/3 | €333 | €330 | -€4 | -1.1% |
| Other amounts payable | 47/48 | €443,305 | €465,449 | +€22,144 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,709 | €7,709 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,913 | €411 | -€1,502 | -78.5% |
| Gross operating margin | 9900 | -€26,420 | -€22,320 | +€4,100 | +15.5% |
| Operating profit (loss) | 9901 | -€36,042 | -€30,440 | +€5,602 | +15.5% |
| Financial income | 75/76B | €0 | €1,090 | +€1,090 | |
| Recurring financial income | 75 | €0 | €1,090 | +€1,090 | |
| Financial charges | 65/66B | €101 | €101 | +€0 | +0.4% |
| Recurring financial charges | 65 | €101 | €101 | +€0 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€36,143 | -€29,451 | +€6,692 | +18.5% |
| Income taxes | 67/77 | €290 | €286 | -€3 | -1.2% |
| Profit (loss) for the period | 9904 | -€36,433 | -€29,737 | +€6,695 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,433 | -€29,737 | +€6,695 | +18.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.