EDDY DUMONT: 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.
EDDY DUMONT
Largest movements
- Tangible fixed assets -€58,488
down €58,488 (-34.0%), from €172,219 to €113,730
- Cash -€6,811
down €6,811 (-64.8%), from €10,514 to €3,702
mainly Debts after one year (-€33,352) and Net result for the year (-€23,334)
- Receivables within one year -€4,810
down €4,810 (-6.0%), from €79,664 to €74,854
of which Trade receivables: -€4,695
- Debts after one year -€33,352
down €33,352 (-35.8%), from €93,173 to €59,821
- Profit (loss) carried forward -€23,334
down €23,334 (-57.9%), from €40,319 to €16,985
- Current portion of long-term debt -€14,610
down €14,610 (-29.2%), from €49,962 to €35,352
- Other debts -€7,096
down €7,096 (-23.3%), from €30,509 to €23,413
- Accrued charges and deferred income +€2,877
up €2,877 (+39.8%), from €7,234 to €10,110
- Staff costs +€22,446
up €22,446 (+36.4%), from €61,653 to €84,099
- Gross operating margin -€15,988
down €15,988 (-11.1%), from €144,456 to €128,468
- Depreciation -€3,894
down €3,894 (-6.1%), from €63,636 to €59,742
- Other operating charges -€1,830
down €1,830 (-30.9%), from €5,916 to €4,086
- Financial charges -€1,700
down €1,700 (-31.1%), from €5,470 to €3,770
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 | €268,978 | €197,436 | -€71,541 | -26.6% |
| Fixed assets | 21/28 | €172,269 | €113,780 | -€58,488 | -34.0% |
| Tangible fixed assets | 22/27 | €172,219 | €113,730 | -€58,488 | -34.0% |
| Plant, machinery and equipment | 23 | €16,751 | €2,625 | -€14,126 | -84.3% |
| Furniture and vehicles | 24 | €65,836 | €43,269 | -€22,567 | -34.3% |
| Leasing and similar rights | 25 | €89,631 | €67,835 | -€21,796 | -24.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €96,709 | €83,656 | -€13,053 | -13.5% |
| Amounts receivable within one year | 40/41 | €79,664 | €74,854 | -€4,810 | -6.0% |
| Trade receivables | 40 | €64,420 | €59,725 | -€4,695 | -7.3% |
| Other amounts receivable | 41 | €15,245 | €15,129 | -€116 | -0.8% |
| Cash at bank and in hand | 54/58 | €10,514 | €3,702 | -€6,811 | -64.8% |
| Deferred charges and accrued income | 490/1 | €6,531 | €5,100 | -€1,431 | -21.9% |
| Total equity and liabilities | 10/49 | €268,978 | €197,436 | -€71,541 | -26.6% |
| Equity | 10/15 | €72,179 | €48,845 | -€23,334 | -32.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Distributable reserves | 133 | €21,860 | €21,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,319 | €16,985 | -€23,334 | -57.9% |
| Amounts payable | 17/49 | €196,799 | €148,591 | -€48,207 | -24.5% |
| Amounts payable after more than one year | 17 | €93,173 | €59,821 | -€33,352 | -35.8% |
| Financial debts | 170/4 | €93,173 | €59,821 | -€33,352 | -35.8% |
| Amounts payable within one year | 42/48 | €96,392 | €78,660 | -€17,732 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €49,962 | €35,352 | -€14,610 | -29.2% |
| Trade debts | 44 | €15,294 | €16,982 | +€1,688 | +11.0% |
| Suppliers | 440/4 | €15,294 | €16,982 | +€1,688 | +11.0% |
| Taxes, remuneration and social security | 45 | €627 | €2,913 | +€2,286 | +364% |
| Taxes | 450/3 | €369 | €2,326 | +€1,956 | +530% |
| Remuneration and social security | 454/9 | €258 | €588 | +€329 | +128% |
| Other amounts payable | 47/48 | €30,509 | €23,413 | -€7,096 | -23.3% |
| Accrued charges and deferred income | 492/3 | €7,234 | €10,110 | +€2,877 | +39.8% |
| Remuneration, social security and pensions | 62 | €61,653 | €84,099 | +€22,446 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,636 | €59,742 | -€3,894 | -6.1% |
| Other operating charges | 640/8 | €5,916 | €4,086 | -€1,830 | -30.9% |
| Non-recurring operating charges | 66A | €465 | - | -€465 | |
| Gross operating margin | 9900 | €144,456 | €128,468 | -€15,988 | -11.1% |
| Operating profit (loss) | 9901 | €12,786 | -€19,459 | -€32,245 | |
| Financial income | 75/76B | €874 | €145 | -€728 | -83.4% |
| Recurring financial income | 75 | €874 | €145 | -€728 | -83.4% |
| Financial charges | 65/66B | €5,470 | €3,770 | -€1,700 | -31.1% |
| Recurring financial charges | 65 | €5,470 | €3,770 | -€1,700 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €8,190 | -€23,083 | -€31,274 | |
| Income taxes | 67/77 | €354 | €251 | -€104 | -29.2% |
| Profit (loss) for the period | 9904 | €7,836 | -€23,334 | -€31,170 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,836 | -€23,334 | -€31,170 |
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 24 October 2026 via checked.be.