EDE: 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.
EDE
Largest movements
- Tangible fixed assets -€128,447
down €128,447 (-27.6%), from €466,115 to €337,667
of which Furniture and vehicles: -€127,333
- Receivables within one year +€68,461
up €68,461 (+16.0%), from €428,680 to €497,142
of which Other amounts receivable: +€43,581
- Debts after one year -€139,606
down €139,606 (-52.2%), from €267,364 to €127,759
- Profit (loss) carried forward +€60,372
up €60,372 (+23.1%), from €261,829 to €322,201
- Trade debts +€39,844
up €39,844 (+30.0%), from €132,651 to €172,495
- Gross operating margin +€500,079
up €500,079 (+97.3%), from €513,963 to €1.0m
- Staff costs +€415,374
up €415,374 (+113%), from €369,043 to €784,417
- Depreciation +€82,403
up €82,403 (+168%), from €48,928 to €131,331
- Financial charges +€12,158
up €12,158 (+116%), from €10,456 to €22,614
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 | €904,726 | €845,657 | -€59,070 | -6.5% |
| Fixed assets | 21/28 | €475,115 | €346,667 | -€128,447 | -27.0% |
| Tangible fixed assets | 22/27 | €466,115 | €337,667 | -€128,447 | -27.6% |
| Land and buildings | 22 | - | €1,219 | +€1,219 | |
| Plant, machinery and equipment | 23 | €6,611 | €4,278 | -€2,333 | -35.3% |
| Furniture and vehicles | 24 | €459,504 | €332,170 | -€127,333 | -27.7% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €429,612 | €498,989 | +€69,377 | +16.1% |
| Amounts receivable within one year | 40/41 | €428,680 | €497,142 | +€68,461 | +16.0% |
| Trade receivables | 40 | €352,548 | €377,429 | +€24,881 | +7.1% |
| Other amounts receivable | 41 | €76,132 | €119,713 | +€43,581 | +57.2% |
| Cash at bank and in hand | 54/58 | €931 | €1,847 | +€916 | +98.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €904,726 | €845,657 | -€59,070 | -6.5% |
| Equity | 10/15 | €282,389 | €342,761 | +€60,372 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,360 | €14,360 | = | 0.0% |
| Distributable reserves | 133 | €14,360 | €14,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,829 | €322,201 | +€60,372 | +23.1% |
| Provisions and deferred taxes | 16 | €676 | €676 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €676 | €676 | = | 0.0% |
| Other liabilities and charges | 164/5 | €676 | €676 | = | 0.0% |
| Amounts payable | 17/49 | €621,662 | €502,220 | -€119,442 | -19.2% |
| Amounts payable after more than one year | 17 | €267,364 | €127,759 | -€139,606 | -52.2% |
| Financial debts | 170/4 | €267,364 | €127,759 | -€139,606 | -52.2% |
| Amounts payable within one year | 42/48 | €349,876 | €374,462 | +€24,585 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €147,094 | €139,606 | -€7,488 | -5.1% |
| Trade debts | 44 | €132,651 | €172,495 | +€39,844 | +30.0% |
| Suppliers | 440/4 | €132,651 | €172,495 | +€39,844 | +30.0% |
| Taxes, remuneration and social security | 45 | €70,132 | €62,361 | -€7,771 | -11.1% |
| Taxes | 450/3 | €9,137 | €62,361 | +€53,225 | +583% |
| Remuneration and social security | 454/9 | €60,995 | - | -€60,995 | |
| Accrued charges and deferred income | 492/3 | €4,422 | - | -€4,422 | |
| Remuneration, social security and pensions | 62 | €369,043 | €784,417 | +€415,374 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,928 | €131,331 | +€82,403 | +168% |
| Other operating charges | 640/8 | €5,691 | €10,591 | +€4,900 | +86.1% |
| Non-recurring operating charges | 66A | €151 | - | -€151 | |
| Gross operating margin | 9900 | €513,963 | €1,014,042 | +€500,079 | +97.3% |
| Operating profit (loss) | 9901 | €90,150 | €87,703 | -€2,447 | -2.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €10,456 | €22,614 | +€12,158 | +116% |
| Recurring financial charges | 65 | €10,456 | €22,614 | +€12,158 | +116% |
| Profit (loss) for the period before taxes | 9903 | €79,694 | €65,088 | -€14,605 | -18.3% |
| Income taxes | 67/77 | - | €4,716 | +€4,716 | |
| Profit (loss) for the period | 9904 | €79,694 | €60,372 | -€19,321 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,694 | €60,372 | -€19,321 | -24.2% |
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 15 October 2026 via checked.be.