Edge Advisory: 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.
Edge Advisory
Largest movements
- Cash +€46,972
up €46,972 (+39.6%), from €118,480 to €165,452
mainly Net result for the year (+€89,648) and Tax, wage and social debts (+€24,410)
- Tangible fixed assets +€9,094
up €9,094 (+60.7%), from €14,987 to €24,082
of which Furniture and vehicles: +€9,535
- Tax, wage and social debts +€24,410
up €24,410 (+114.1%), from €21,403 to €45,813
of which Taxes: +€26,285
- Other debts +€21,538
up €21,538 (+95.0%), from €22,667 to €44,206
- Profit (loss) carried forward +€20,571
up €20,571 (+29.8%), from €69,077 to €89,648
- Advances received -€15,000
no longer reported in 2025 (was €15,000)
- Short-term financial debts +€3,213
up €3,213 (+321.3%), from €1,000 to €4,213
- Gross operating margin +€28,443
up €28,443 (+30.4%), from €93,483 to €121,926
- Taxes +€6,939
up €6,939 (+35.5%), from €19,547 to €26,486
- Depreciation +€2,547
up €2,547 (+90.4%), from €2,818 to €5,364
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 | €134,318 | €189,534 | +€55,216 | +41.1% |
| Fixed assets | 21/28 | €14,987 | €24,082 | +€9,094 | +60.7% |
| Tangible fixed assets | 22/27 | €14,987 | €24,082 | +€9,094 | +60.7% |
| Plant, machinery and equipment | 23 | €4,008 | €3,567 | -€441 | -11.0% |
| Furniture and vehicles | 24 | €10,979 | €20,515 | +€9,535 | +86.8% |
| Current assets | 29/58 | €119,330 | €165,452 | +€46,122 | +38.7% |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Trade receivables | 40 | €500 | - | -€500 | |
| Cash at bank and in hand | 54/58 | €118,480 | €165,452 | +€46,972 | +39.6% |
| Deferred charges and accrued income | 490/1 | €350 | - | -€350 | |
| Total equity and liabilities | 10/49 | €134,318 | €189,534 | +€55,216 | +41.1% |
| Equity | 10/15 | €72,077 | €92,648 | +€20,571 | +28.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,077 | €89,648 | +€20,571 | +29.8% |
| Amounts payable | 17/49 | €62,241 | €96,885 | +€34,645 | +55.7% |
| Amounts payable within one year | 42/48 | €62,241 | €96,885 | +€34,645 | +55.7% |
| Financial debts | 43 | €1,000 | €4,213 | +€3,213 | +321.3% |
| Credit institutions | 430/8 | €1,000 | €4,213 | +€3,213 | +321.3% |
| Trade debts | 44 | €2,171 | €2,653 | +€483 | +22.2% |
| Suppliers | 440/4 | €2,171 | €2,653 | +€483 | +22.2% |
| Advances received on contracts in progress | 46 | €15,000 | - | -€15,000 | |
| Taxes, remuneration and social security | 45 | €21,403 | €45,813 | +€24,410 | +114.1% |
| Taxes | 450/3 | €19,528 | €45,813 | +€26,285 | +134.6% |
| Remuneration and social security | 454/9 | €1,875 | - | -€1,875 | |
| Other amounts payable | 47/48 | €22,667 | €44,206 | +€21,538 | +95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,818 | €5,364 | +€2,547 | +90.4% |
| Other operating charges | 640/8 | €1,945 | €938 | -€1,007 | -51.8% |
| Gross operating margin | 9900 | €93,483 | €121,926 | +€28,443 | +30.4% |
| Operating profit (loss) | 9901 | €88,719 | €115,623 | +€26,904 | +30.3% |
| Financial income | 75/76B | €63 | €669 | +€607 | +970.4% |
| Recurring financial income | 75 | €63 | €669 | +€607 | +970.4% |
| Financial charges | 65/66B | €49 | €158 | +€109 | +219.8% |
| Recurring financial charges | 65 | €49 | €158 | +€109 | +219.8% |
| Profit (loss) for the period before taxes | 9903 | €88,732 | €116,134 | +€27,402 | +30.9% |
| Income taxes | 67/77 | €19,547 | €26,486 | +€6,939 | +35.5% |
| Profit (loss) for the period | 9904 | €69,186 | €89,648 | +€20,463 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,186 | €89,648 | +€20,463 | +29.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.