EDDY VERMONDEN: 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 VERMONDEN
Largest movements
- Cash +€38,049
up €38,049 (+155%), from €24,619 to €62,668
mainly Net result for the year (+€26,309) and Investment in fixed assets (net) (+€18,042)
- Financial fixed assets -€18,042
down €18,042 (-49.6%), from €36,394 to €18,352
- Reserves +€26,309
up €26,309 (+3.1%), from €851,508 to €877,818
- Financial income +€27,508
up €27,508 (+142%), from €19,315 to €46,823
- Taxes +€8,856
up €8,856 (+259%), from €3,421 to €12,278
- Other operating charges -€566
down €566 (-52.1%), from €1,086 to €520
- Financial charges +€430
up €430 (+7.1%), from €6,062 to €6,493
- Gross operating margin +€191
up €191 (+16.1%), from -€1,186 to -€995
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 | €862,084 | €885,601 | +€23,517 | +2.7% |
| Formation expenses | 20 | €319 | €91 | -€228 | -71.4% |
| Fixed assets | 21/28 | €36,394 | €18,352 | -€18,042 | -49.6% |
| Financial fixed assets | 28 | €36,394 | €18,352 | -€18,042 | -49.6% |
| Current assets | 29/58 | €825,371 | €867,158 | +€41,787 | +5.1% |
| Amounts receivable within one year | 40/41 | €5,373 | €3,585 | -€1,788 | -33.3% |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €2,373 | €3,585 | +€1,212 | +51.1% |
| Current investments | 50/53 | €795,378 | €800,904 | +€5,526 | +0.7% |
| Cash at bank and in hand | 54/58 | €24,619 | €62,668 | +€38,049 | +155% |
| Total equity and liabilities | 10/49 | €862,084 | €885,601 | +€23,517 | +2.7% |
| Equity | 10/15 | €856,508 | €882,818 | +€26,309 | +3.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €851,508 | €877,818 | +€26,309 | +3.1% |
| Distributable reserves | 133 | €851,508 | €877,818 | +€26,309 | +3.1% |
| Amounts payable | 17/49 | €5,575 | €2,783 | -€2,792 | -50.1% |
| Amounts payable within one year | 42/48 | €5,575 | €2,783 | -€2,792 | -50.1% |
| Trade debts | 44 | €605 | - | -€605 | |
| Suppliers | 440/4 | €605 | - | -€605 | |
| Taxes, remuneration and social security | 45 | €4,971 | - | -€4,971 | |
| Taxes | 450/3 | €4,971 | - | -€4,971 | |
| Other amounts payable | 47/48 | - | €2,783 | +€2,783 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228 | €228 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €520 | -€566 | -52.1% |
| Gross operating margin | 9900 | -€1,186 | -€995 | +€191 | +16.1% |
| Operating profit (loss) | 9901 | -€2,500 | -€1,743 | +€757 | +30.3% |
| Financial income | 75/76B | €19,315 | €46,823 | +€27,508 | +142% |
| Recurring financial income | 75 | €19,315 | €46,823 | +€27,508 | +142% |
| Financial charges | 65/66B | €6,062 | €6,493 | +€430 | +7.1% |
| Recurring financial charges | 65 | €6,062 | €6,493 | +€430 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €10,753 | €38,587 | +€27,834 | +259% |
| Income taxes | 67/77 | €3,421 | €12,278 | +€8,856 | +259% |
| Profit (loss) for the period | 9904 | €7,332 | €26,309 | +€18,978 | +259% |
| Profit (loss) for the period to be appropriated | 9905 | €7,332 | €26,309 | +€18,978 | +259% |
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 28 October 2026 via checked.be.