EDG: 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.
EDG
Largest movements
- Current investments +€49,035
new in 2025: €49,035
- Cash -€17,329
no longer reported in 2025 (was €17,329)
mainly Current investments (-€49,035) and Other debts (-€5,779)
- Tangible fixed assets -€883
down €883 (-35.8%), from €2,465 to €1,582
- Reserves +€33,657
up €33,657 (+878.6%), from €3,831 to €37,488
- Other debts -€5,779
down €5,779 (-87.1%), from €6,636 to €857
- Tax, wage and social debts +€2,987
up €2,987 (+63.8%), from €4,683 to €7,670
- Gross operating margin +€36,072
up €36,072 (+459.8%), from €7,845 to €43,916
- Taxes +€7,224
up €7,224 (+476.1%), from €1,517 to €8,741
- Depreciation -€1,445
down €1,445 (-62.1%), from €2,329 to €883
- Other operating charges +€509
up €509 (+431.6%), from €118 to €627
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.
Cash bridge derived
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 | €19,917 | €50,617 | +€30,700 | +154.1% |
| Fixed assets | 21/28 | €2,465 | €1,582 | -€883 | -35.8% |
| Tangible fixed assets | 22/27 | €2,465 | €1,582 | -€883 | -35.8% |
| Furniture and vehicles | 24 | €2,465 | €1,582 | -€883 | -35.8% |
| Current assets | 29/58 | €17,451 | €49,035 | +€31,584 | +181.0% |
| Amounts receivable within one year | 40/41 | €122 | - | -€122 | |
| Trade receivables | 40 | €122 | - | -€122 | |
| Current investments | 50/53 | - | €49,035 | +€49,035 | |
| Cash at bank and in hand | 54/58 | €17,329 | - | -€17,329 | |
| Total equity and liabilities | 10/49 | €19,917 | €50,617 | +€30,700 | +154.1% |
| Equity | 10/15 | €6,831 | €40,488 | +€33,657 | +492.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,831 | €37,488 | +€33,657 | +878.6% |
| Distributable reserves | 133 | €3,831 | €37,488 | +€33,657 | +878.6% |
| Amounts payable | 17/49 | €13,086 | €10,129 | -€2,957 | -22.6% |
| Amounts payable within one year | 42/48 | €13,086 | €10,129 | -€2,957 | -22.6% |
| Trade debts | 44 | €1,767 | €1,602 | -€165 | -9.3% |
| Suppliers | 440/4 | €1,767 | €1,602 | -€165 | -9.3% |
| Taxes, remuneration and social security | 45 | €4,683 | €7,670 | +€2,987 | +63.8% |
| Taxes | 450/3 | €4,683 | €7,670 | +€2,987 | +63.8% |
| Other amounts payable | 47/48 | €6,636 | €857 | -€5,779 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,329 | €883 | -€1,445 | -62.1% |
| Other operating charges | 640/8 | €118 | €627 | +€509 | +431.6% |
| Gross operating margin | 9900 | €7,845 | €43,916 | +€36,072 | +459.8% |
| Operating profit (loss) | 9901 | €5,398 | €42,405 | +€37,008 | +685.6% |
| Financial charges | 65/66B | €50 | €7 | -€43 | -85.9% |
| Recurring financial charges | 65 | €50 | €7 | -€43 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €5,348 | €42,398 | +€37,051 | +692.8% |
| Income taxes | 67/77 | €1,517 | €8,741 | +€7,224 | +476.1% |
| Profit (loss) for the period | 9904 | €3,831 | €33,657 | +€29,827 | +778.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,831 | €33,657 | +€29,827 | +778.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.