EDEST: 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.
EDEST
Largest movements
- Cash -€26,920
down €26,920 (-62.5%), from €43,099 to €16,179
mainly Tax, wage and social debts (-€16,868) and Net result for the year (-€14,309)
- Receivables within one year -€10,321
down €10,321 (-44.9%), from €22,997 to €12,676
of which Trade receivables: -€9,843
- Tangible fixed assets +€8,405
up €8,405 (+997%), from €843 to €9,248
- Deferred charges and accrued income -€1,577
down €1,577 (-49.6%), from €3,181 to €1,604
- Tax, wage and social debts -€16,868
down €16,868 (-84.8%), from €19,900 to €3,031
- Reserves -€14,309
down €14,309 (-29.4%), from €48,706 to €34,397
- Depreciation +€2,672
up €2,672 (+711%), from €376 to €3,048
- Gross operating margin -€816
down €816 (-8.6%), from -€9,463 to -€10,278
- Taxes -€427
down €427 (-78.6%), from €544 to €116
- Other operating charges +€253
up €253 (+493%), from €51 to €304
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 | €70,971 | €40,557 | -€30,414 | -42.9% |
| Fixed assets | 21/28 | €1,693 | €10,098 | +€8,405 | +496% |
| Tangible fixed assets | 22/27 | €843 | €9,248 | +€8,405 | +997% |
| Furniture and vehicles | 24 | €843 | €9,248 | +€8,405 | +997% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €69,277 | €30,459 | -€38,818 | -56.0% |
| Amounts receivable within one year | 40/41 | €22,997 | €12,676 | -€10,321 | -44.9% |
| Trade receivables | 40 | €21,518 | €11,675 | -€9,843 | -45.7% |
| Other amounts receivable | 41 | €1,479 | €1,001 | -€478 | -32.3% |
| Cash at bank and in hand | 54/58 | €43,099 | €16,179 | -€26,920 | -62.5% |
| Deferred charges and accrued income | 490/1 | €3,181 | €1,604 | -€1,577 | -49.6% |
| Total equity and liabilities | 10/49 | €70,971 | €40,557 | -€30,414 | -42.9% |
| Equity | 10/15 | €50,206 | €35,897 | -€14,309 | -28.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €48,706 | €34,397 | -€14,309 | -29.4% |
| Distributable reserves | 133 | €48,706 | €34,397 | -€14,309 | -29.4% |
| Amounts payable | 17/49 | €20,765 | €4,660 | -€16,104 | -77.6% |
| Amounts payable within one year | 42/48 | €20,765 | €4,622 | -€16,142 | -77.7% |
| Trade debts | 44 | €865 | €1,472 | +€607 | +70.1% |
| Suppliers | 440/4 | €865 | €1,472 | +€607 | +70.1% |
| Taxes, remuneration and social security | 45 | €19,900 | €3,031 | -€16,868 | -84.8% |
| Taxes | 450/3 | €19,900 | €3,031 | -€16,868 | -84.8% |
| Other amounts payable | 47/48 | - | €119 | +€119 | |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €376 | €3,048 | +€2,672 | +711% |
| Other operating charges | 640/8 | €51 | €304 | +€253 | +493% |
| Gross operating margin | 9900 | -€9,463 | -€10,278 | -€816 | -8.6% |
| Operating profit (loss) | 9901 | -€9,890 | -€13,630 | -€3,740 | -37.8% |
| Financial income | 75/76B | - | €75 | +€75 | |
| Recurring financial income | 75 | - | €75 | +€75 | |
| Financial charges | 65/66B | €686 | €638 | -€47 | -6.9% |
| Recurring financial charges | 65 | €686 | €638 | -€47 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,575 | -€14,193 | -€3,617 | -34.2% |
| Income taxes | 67/77 | €544 | €116 | -€427 | -78.6% |
| Profit (loss) for the period | 9904 | -€11,119 | -€14,309 | -€3,190 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,119 | -€14,309 | -€3,190 | -28.7% |
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 18 October 2026 via checked.be.