Eddydruk: 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.
Eddydruk
Largest movements
- Tangible fixed assets -€26,206
down €26,206 (-7.6%), from €343,031 to €316,825
- Receivables within one year -€15,409
down €15,409 (-34.2%), from €45,025 to €29,616
- Cash +€9,597
up €9,597 (+32.2%), from €29,846 to €39,444
mainly Depreciation (+€29,496) and Receivables within one year (+€15,409)
- Debts after one year -€21,742
down €21,742 (-31.3%), from €69,354 to €47,613
of which Financial debts: -€13,557
- Other debts +€10,707
new in 2025: €10,707
- Reserves -€9,531
down €9,531 (-3.9%), from €243,130 to €233,599
of which Tax-exempt reserves: -€6,955
- Current portion of long-term debt -€8,780
down €8,780 (-24.6%), from €35,631 to €26,851
- Trade debts +€7,847
up €7,847 (+36.5%), from €21,518 to €29,366
- Gross operating margin -€21,484
down €21,484 (-30.3%), from €70,961 to €49,477
- Depreciation -€13,095
down €13,095 (-30.7%), from €42,591 to €29,496
- Taxes -€2,163
down €2,163 (-33.9%), from €6,378 to €4,215
- Financial charges -€1,676
down €1,676 (-25.2%), from €6,652 to €4,976
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 | €425,922 | €394,977 | -€30,946 | -7.3% |
| Fixed assets | 21/28 | €343,031 | €316,825 | -€26,206 | -7.6% |
| Tangible fixed assets | 22/27 | €343,031 | €316,825 | -€26,206 | -7.6% |
| Land and buildings | 22 | €239,546 | €229,158 | -€10,388 | -4.3% |
| Plant, machinery and equipment | 23 | €21,002 | €16,758 | -€4,244 | -20.2% |
| Furniture and vehicles | 24 | €5,342 | €3,128 | -€2,215 | -41.5% |
| Leasing and similar rights | 25 | €77,141 | €67,781 | -€9,360 | -12.1% |
| Current assets | 29/58 | €82,891 | €78,152 | -€4,739 | -5.7% |
| Amounts receivable after more than one year | 29 | - | €1,431 | +€1,431 | |
| Other amounts receivable | 291 | - | €1,431 | +€1,431 | |
| Stocks and contracts in progress | 3 | €4,651 | €4,043 | -€608 | -13.1% |
| Stocks | 30/36 | €4,651 | €4,043 | -€608 | -13.1% |
| Amounts receivable within one year | 40/41 | €45,025 | €29,616 | -€15,409 | -34.2% |
| Trade receivables | 40 | €45,025 | €29,616 | -€15,409 | -34.2% |
| Cash at bank and in hand | 54/58 | €29,846 | €39,444 | +€9,597 | +32.2% |
| Deferred charges and accrued income | 490/1 | €3,369 | €3,619 | +€250 | +7.4% |
| Total equity and liabilities | 10/49 | €425,922 | €394,977 | -€30,946 | -7.3% |
| Equity | 10/15 | €267,920 | €258,388 | -€9,531 | -3.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €243,130 | €233,599 | -€9,531 | -3.9% |
| Tax-exempt reserves | 132 | €63,341 | €56,386 | -€6,955 | -11.0% |
| Distributable reserves | 133 | €179,789 | €177,212 | -€2,577 | -1.4% |
| Provisions and deferred taxes | 16 | €16,233 | €14,451 | -€1,782 | -11.0% |
| Deferred taxes | 168 | €16,233 | €14,451 | -€1,782 | -11.0% |
| Amounts payable | 17/49 | €141,770 | €122,138 | -€19,632 | -13.8% |
| Amounts payable after more than one year | 17 | €69,354 | €47,613 | -€21,742 | -31.3% |
| Financial debts | 170/4 | €61,170 | €47,613 | -€13,557 | -22.2% |
| Other amounts payable | 178/9 | €8,184 | - | -€8,184 | |
| Amounts payable within one year | 42/48 | €72,415 | €74,525 | +€2,110 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €35,631 | €26,851 | -€8,780 | -24.6% |
| Financial debts | 43 | €1,690 | - | -€1,690 | |
| Credit institutions | 430/8 | €1,690 | - | -€1,690 | |
| Trade debts | 44 | €21,518 | €29,366 | +€7,847 | +36.5% |
| Suppliers | 440/4 | €21,518 | €29,366 | +€7,847 | +36.5% |
| Taxes, remuneration and social security | 45 | €13,576 | €7,601 | -€5,974 | -44.0% |
| Taxes | 450/3 | €13,576 | €7,601 | -€5,974 | -44.0% |
| Other amounts payable | 47/48 | - | €10,707 | +€10,707 | |
| Non-recurring operating income | 76A | €7,745 | - | -€7,745 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,591 | €29,496 | -€13,095 | -30.7% |
| Other operating charges | 640/8 | €6,376 | €6,025 | -€351 | -5.5% |
| Non-recurring operating charges | 66A | €2,979 | €4,877 | +€1,898 | +63.7% |
| Gross operating margin | 9900 | €70,961 | €49,477 | -€21,484 | -30.3% |
| Operating profit (loss) | 9901 | €19,016 | €9,080 | -€9,936 | -52.2% |
| Financial income | 75/76B | €4 | €68 | +€64 | +1,490% |
| Recurring financial income | 75 | €4 | €68 | +€64 | +1,490% |
| Financial charges | 65/66B | €6,652 | €4,976 | -€1,676 | -25.2% |
| Recurring financial charges | 65 | €6,652 | €4,976 | -€1,676 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €12,368 | €4,172 | -€8,196 | -66.3% |
| Transfer from deferred taxes | 780 | €1,815 | €1,782 | -€33 | -1.8% |
| Income taxes | 67/77 | €6,378 | €4,215 | -€2,163 | -33.9% |
| Profit (loss) for the period | 9904 | €7,805 | €1,739 | -€6,066 | -77.7% |
| Transfer from tax-exempt reserves | 789 | €7,083 | €6,955 | -€129 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,888 | €8,694 | -€6,195 | -41.6% |
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 13 October 2026 via checked.be.