EDEST: what changed
Two fiscal 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
- Tangible fixed assets -€21,742
down €21,742 (-20.1%), from €108,101 to €86,359
of which Furniture and vehicles: -€21,461
- Receivables within one year -€17,112
down €17,112 (-32.4%), from €52,802 to €35,689
of which Trade receivables: -€18,376
- Deferred charges and accrued income -€12,420
down €12,420 (-95.5%), from €13,011 to €591
- Trade debts -€54,430
down €54,430 (-63.8%), from €85,255 to €30,825
- Profit (loss) carried forward -€53,954
down €53,954, from €509 to -€53,445
- Other debts +€38,680
up €38,680 (+707.7%), from €5,466 to €44,145
- Short-term financial debts +€23,850
new in 2024: €23,850
- Current portion of long-term debt -€10,772
down €10,772 (-94.5%), from €11,397 to €625
- Gross operating margin -€48,682
down €48,682, from €24,966 to -€23,716
- Depreciation +€6,066
up €6,066 (+38.7%), from €15,677 to €21,742
- Taxes +€5,700
new in 2024: €5,700
- Other operating charges -€3,421
down €3,421 (-87.0%), from €3,933 to €511
- Financial charges -€2,693
down €2,693 (-55.6%), from €4,843 to €2,150
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,436 | €124,426 | -€51,011 | -29.1% |
| Fixed assets | 21/28 | €108,101 | €86,359 | -€21,742 | -20.1% |
| Tangible fixed assets | 22/27 | €108,101 | €86,359 | -€21,742 | -20.1% |
| Land and buildings | 22 | €2,878 | €2,597 | -€281 | -9.8% |
| Furniture and vehicles | 24 | €105,223 | €83,762 | -€21,461 | -20.4% |
| Current assets | 29/58 | €67,335 | €38,067 | -€29,268 | -43.5% |
| Stocks and contracts in progress | 3 | €993 | €993 | = | 0.0% |
| Stocks | 30/36 | €993 | €993 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,802 | €35,689 | -€17,112 | -32.4% |
| Trade receivables | 40 | €52,661 | €34,285 | -€18,376 | -34.9% |
| Other amounts receivable | 41 | €141 | €1,405 | +€1,264 | +898.0% |
| Cash at bank and in hand | 54/58 | €530 | €793 | +€263 | +49.7% |
| Deferred charges and accrued income | 490/1 | €13,011 | €591 | -€12,420 | -95.5% |
| Total equity and liabilities | 10/49 | €175,436 | €124,426 | -€51,011 | -29.1% |
| Equity | 10/15 | €5,509 | -€48,445 | -€53,954 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €509 | -€53,445 | -€53,954 | |
| Amounts payable | 17/49 | €169,927 | €172,871 | +€2,943 | +1.7% |
| Amounts payable after more than one year | 17 | €65,602 | €65,602 | = | 0.0% |
| Financial debts | 170/4 | €65,602 | €65,602 | = | 0.0% |
| Amounts payable within one year | 42/48 | €104,325 | €107,269 | +€2,943 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €11,397 | €625 | -€10,772 | -94.5% |
| Financial debts | 43 | - | €23,850 | +€23,850 | |
| Credit institutions | 430/8 | - | €23,850 | +€23,850 | |
| Trade debts | 44 | €85,255 | €30,825 | -€54,430 | -63.8% |
| Suppliers | 440/4 | €85,255 | €30,825 | -€54,430 | -63.8% |
| Advances received on contracts in progress | 46 | - | €7,500 | +€7,500 | |
| Taxes, remuneration and social security | 45 | €2,208 | €324 | -€1,885 | -85.3% |
| Taxes | 450/3 | €2,208 | €324 | -€1,885 | -85.3% |
| Other amounts payable | 47/48 | €5,466 | €44,145 | +€38,680 | +707.7% |
| Remuneration, social security and pensions | 62 | €5 | €135 | +€130 | +2504.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,677 | €21,742 | +€6,066 | +38.7% |
| Other operating charges | 640/8 | €3,933 | €511 | -€3,421 | -87.0% |
| Gross operating margin | 9900 | €24,966 | -€23,716 | -€48,682 | |
| Operating profit (loss) | 9901 | €5,352 | -€46,104 | -€51,456 | |
| Financial charges | 65/66B | €4,843 | €2,150 | -€2,693 | -55.6% |
| Recurring financial charges | 65 | €4,843 | €2,150 | -€2,693 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | €509 | -€48,254 | -€48,763 | |
| Income taxes | 67/77 | - | €5,700 | +€5,700 | |
| Profit (loss) for the period | 9904 | €509 | -€53,954 | -€54,463 | |
| Profit (loss) for the period to be appropriated | 9905 | €509 | -€53,954 | -€54,463 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.