EDDmoreValue: what changed
Two fiscal 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.
EDDmoreValue
Largest movements
- Tangible fixed assets -€9,153
down €9,153 (-27.4%), from €33,370 to €24,217
- Receivables within one year +€7,627
up €7,627 (+30.9%), from €24,666 to €32,294
of which Trade receivables: +€15,170
- Cash +€3,560
up €3,560 (+15.1%), from €23,515 to €27,075
mainly Net result for the year (+€55,246) and Depreciation (+€9,153)
- Other debts +€8,582
up €8,582 (+18.4%), from €46,741 to €55,323
- Debts after one year -€6,540
down €6,540 (-55.8%), from €11,727 to €5,187
- Tax, wage and social debts +€4,157
up €4,157 (+51.1%), from €8,135 to €12,292
- Short-term financial debts -€4,057
down €4,057 (-100.0%), from €4,057 to €0
- Gross operating margin +€23,243
up €23,243 (+39.4%), from €58,983 to €82,226
- Taxes +€5,855
up €5,855 (+60.1%), from €9,743 to €15,597
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 | €81,551 | €83,586 | +€2,035 | +2.5% |
| Fixed assets | 21/28 | €33,370 | €24,217 | -€9,153 | -27.4% |
| Tangible fixed assets | 22/27 | €33,370 | €24,217 | -€9,153 | -27.4% |
| Furniture and vehicles | 24 | €33,370 | €24,217 | -€9,153 | -27.4% |
| Current assets | 29/58 | €48,181 | €59,369 | +€11,188 | +23.2% |
| Amounts receivable within one year | 40/41 | €24,666 | €32,294 | +€7,627 | +30.9% |
| Trade receivables | 40 | €16,972 | €32,142 | +€15,170 | +89.4% |
| Other amounts receivable | 41 | €7,694 | €152 | -€7,542 | -98.0% |
| Cash at bank and in hand | 54/58 | €23,515 | €27,075 | +€3,560 | +15.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €81,551 | €83,586 | +€2,035 | +2.5% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €79,051 | €81,086 | +€2,035 | +2.6% |
| Amounts payable after more than one year | 17 | €11,727 | €5,187 | -€6,540 | -55.8% |
| Financial debts | 170/4 | €11,727 | €5,187 | -€6,540 | -55.8% |
| Amounts payable within one year | 42/48 | €67,324 | €75,899 | +€8,576 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €6,136 | €6,540 | +€404 | +6.6% |
| Financial debts | 43 | €4,057 | €0 | -€4,057 | -100.0% |
| Credit institutions | 430/8 | €4,057 | €0 | -€4,057 | -100.0% |
| Trade debts | 44 | €2,255 | €1,744 | -€511 | -22.7% |
| Suppliers | 440/4 | €2,255 | €1,744 | -€511 | -22.7% |
| Taxes, remuneration and social security | 45 | €8,135 | €12,292 | +€4,157 | +51.1% |
| Taxes | 450/3 | €8,135 | €12,292 | +€4,157 | +51.1% |
| Other amounts payable | 47/48 | €46,741 | €55,323 | +€8,582 | +18.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,798 | €9,153 | -€646 | -6.6% |
| Other operating charges | 640/8 | €1,238 | €908 | -€331 | -26.7% |
| Gross operating margin | 9900 | €58,983 | €82,226 | +€23,243 | +39.4% |
| Operating profit (loss) | 9901 | €47,946 | €72,166 | +€24,220 | +50.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,905 | €1,323 | -€582 | -30.6% |
| Recurring financial charges | 65 | €1,905 | €1,323 | -€582 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €46,041 | €70,843 | +€24,802 | +53.9% |
| Income taxes | 67/77 | €9,743 | €15,597 | +€5,855 | +60.1% |
| Profit (loss) for the period | 9904 | €36,298 | €55,246 | +€18,947 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,298 | €55,246 | +€18,947 | +52.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.