EDGE: 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.
EDGE
Largest movements
- Receivables within one year -€60,546
down €60,546 (-39.6%), from €152,898 to €92,352
of which Trade receivables: -€58,546
- Stocks and contracts +€30,599
up €30,599 (+30.1%), from €101,761 to €132,360
- Deferred charges and accrued income +€5,973
up €5,973 (+5140.6%), from €116 to €6,089
- Tangible fixed assets +€4,023
up €4,023 (+21.2%), from €19,011 to €23,034
of which Furniture and vehicles: +€5,450
- Profit (loss) carried forward -€7,041
down €7,041 (-3.2%), from -€219,855 to -€226,896
- Tax, wage and social debts -€6,505
down €6,505 (-66.0%), from €9,854 to €3,349
of which Remuneration and social security: -€3,479
- Other debts -€3,582
down €3,582 (-4.9%), from €73,193 to €69,611
- Gross operating margin -€47,931
down €47,931 (-43.2%), from €111,048 to €63,117
- Staff costs -€19,345
down €19,345 (-28.7%), from €67,522 to €48,177
- Financial charges +€2,363
up €2,363 (+59.2%), from €3,990 to €6,353
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 | €281,778 | €262,370 | -€19,408 | -6.9% |
| Fixed assets | 21/28 | €19,146 | €23,169 | +€4,023 | +21.0% |
| Tangible fixed assets | 22/27 | €19,011 | €23,034 | +€4,023 | +21.2% |
| Land and buildings | 22 | €8,749 | €7,785 | -€964 | -11.0% |
| Plant, machinery and equipment | 23 | €463 | €0 | -€462 | -100.0% |
| Furniture and vehicles | 24 | €9,799 | €15,249 | +€5,450 | +55.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €262,632 | €239,201 | -€23,431 | -8.9% |
| Stocks and contracts in progress | 3 | €101,761 | €132,360 | +€30,599 | +30.1% |
| Stocks | 30/36 | €101,761 | €132,360 | +€30,599 | +30.1% |
| Amounts receivable within one year | 40/41 | €152,898 | €92,352 | -€60,546 | -39.6% |
| Trade receivables | 40 | €140,795 | €82,249 | -€58,546 | -41.6% |
| Other amounts receivable | 41 | €12,103 | €10,103 | -€2,000 | -16.5% |
| Cash at bank and in hand | 54/58 | €7,858 | €8,401 | +€543 | +6.9% |
| Deferred charges and accrued income | 490/1 | €116 | €6,089 | +€5,973 | +5140.6% |
| Total equity and liabilities | 10/49 | €281,778 | €262,370 | -€19,408 | -6.9% |
| Equity | 10/15 | €186,246 | €179,205 | -€7,041 | -3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €399,901 | €399,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €398,041 | €399,901 | +€1,860 | +0.5% |
| Profit (loss) carried forward | 14 | -€219,855 | -€226,896 | -€7,041 | -3.2% |
| Amounts payable | 17/49 | €95,532 | €83,165 | -€12,367 | -12.9% |
| Amounts payable within one year | 42/48 | €95,532 | €83,165 | -€12,367 | -12.9% |
| Trade debts | 44 | €12,485 | €10,205 | -€2,279 | -18.3% |
| Suppliers | 440/4 | €12,485 | €10,205 | -€2,279 | -18.3% |
| Taxes, remuneration and social security | 45 | €9,854 | €3,349 | -€6,505 | -66.0% |
| Taxes | 450/3 | €6,375 | €3,349 | -€3,026 | -47.5% |
| Remuneration and social security | 454/9 | €3,479 | - | -€3,479 | |
| Other amounts payable | 47/48 | €73,193 | €69,611 | -€3,582 | -4.9% |
| Remuneration, social security and pensions | 62 | €67,522 | €48,177 | -€19,345 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,107 | €14,032 | +€925 | +7.1% |
| Other operating charges | 640/8 | €1,054 | €1,371 | +€317 | +30.0% |
| Non-recurring operating charges | 66A | €738 | - | -€738 | |
| Gross operating margin | 9900 | €111,048 | €63,117 | -€47,931 | -43.2% |
| Operating profit (loss) | 9901 | €28,627 | -€462 | -€29,089 | |
| Financial income | 75/76B | €69 | €18 | -€50 | -73.4% |
| Recurring financial income | 75 | €69 | €18 | -€50 | -73.4% |
| Financial charges | 65/66B | €3,990 | €6,353 | +€2,363 | +59.2% |
| Recurring financial charges | 65 | €3,990 | €6,353 | +€2,363 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €24,706 | -€6,796 | -€31,502 | |
| Income taxes | 67/77 | €265 | €245 | -€21 | -7.8% |
| Profit (loss) for the period | 9904 | €24,440 | -€7,041 | -€31,481 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,440 | -€7,041 | -€31,481 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.