Edge.be: 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.be
Largest movements
- Stocks and contracts +€75,097
up €75,097 (+106.6%), from €70,465 to €145,562
- Receivables within one year -€62,932
down €62,932 (-6.8%), from €920,487 to €857,555
of which Trade receivables: -€65,189
- Intangible fixed assets -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Trade debts -€116,551
down €116,551 (-25.5%), from €457,272 to €340,721
- Other debts +€66,159
up €66,159 (+15.3%), from €432,904 to €499,063
- Debts after one year +€50,000
up €50,000 (+41.3%), from €121,000 to €171,000
- Tax, wage and social debts -€27,387
down €27,387 (-26.6%), from €102,780 to €75,393
of which Taxes: -€14,889
- Staff costs -€95,949
down €95,949 (-23.7%), from €404,411 to €308,462
- Gross operating margin -€83,349
down €83,349 (-18.9%), from €441,598 to €358,249
- Depreciation +€23,436
up €23,436 (+82.0%), from €28,588 to €52,024
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 | €1,166,976 | €1,128,952 | -€38,024 | -3.3% |
| Fixed assets | 21/28 | €164,625 | €113,644 | -€50,981 | -31.0% |
| Intangible fixed assets | 21 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Tangible fixed assets | 22/27 | €6,475 | €5,494 | -€981 | -15.1% |
| Land and buildings | 22 | €1,879 | €1,744 | -€134 | -7.1% |
| Plant, machinery and equipment | 23 | €708 | €347 | -€361 | -51.0% |
| Furniture and vehicles | 24 | €3,888 | €3,403 | -€485 | -12.5% |
| Financial fixed assets | 28 | €8,150 | €8,150 | = | 0.0% |
| Current assets | 29/58 | €1,002,351 | €1,015,308 | +€12,956 | +1.3% |
| Stocks and contracts in progress | 3 | €70,465 | €145,562 | +€75,097 | +106.6% |
| Stocks | 30/36 | €70,465 | €145,562 | +€75,097 | +106.6% |
| Amounts receivable within one year | 40/41 | €920,487 | €857,555 | -€62,932 | -6.8% |
| Trade receivables | 40 | €920,477 | €855,288 | -€65,189 | -7.1% |
| Other amounts receivable | 41 | €10 | €2,267 | +€2,257 | +22749.2% |
| Cash at bank and in hand | 54/58 | €8,890 | €11,760 | +€2,870 | +32.3% |
| Deferred charges and accrued income | 490/1 | €2,509 | €431 | -€2,078 | -82.8% |
| Total equity and liabilities | 10/49 | €1,166,976 | €1,128,952 | -€38,024 | -3.3% |
| Equity | 10/15 | €2,645 | -€7,509 | -€10,154 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €94,141 | €94,141 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €87,944 | €87,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,496 | -€163,650 | -€10,154 | -6.6% |
| Amounts payable | 17/49 | €1,164,331 | €1,136,461 | -€27,870 | -2.4% |
| Amounts payable after more than one year | 17 | €121,000 | €171,000 | +€50,000 | +41.3% |
| Financial debts | 170/4 | €121,000 | €171,000 | +€50,000 | +41.3% |
| Amounts payable within one year | 42/48 | €1,039,361 | €965,461 | -€73,900 | -7.1% |
| Trade debts | 44 | €457,272 | €340,721 | -€116,551 | -25.5% |
| Suppliers | 440/4 | €457,272 | €340,721 | -€116,551 | -25.5% |
| Advances received on contracts in progress | 46 | €46,406 | €50,285 | +€3,879 | +8.4% |
| Taxes, remuneration and social security | 45 | €102,780 | €75,393 | -€27,387 | -26.6% |
| Taxes | 450/3 | €75,107 | €60,218 | -€14,889 | -19.8% |
| Remuneration and social security | 454/9 | €27,672 | €15,174 | -€12,498 | -45.2% |
| Other amounts payable | 47/48 | €432,904 | €499,063 | +€66,159 | +15.3% |
| Accrued charges and deferred income | 492/3 | €3,970 | - | -€3,970 | |
| Remuneration, social security and pensions | 62 | €404,411 | €308,462 | -€95,949 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,588 | €52,024 | +€23,436 | +82.0% |
| Other operating charges | 640/8 | €4,839 | €4,696 | -€143 | -3.0% |
| Gross operating margin | 9900 | €441,598 | €358,249 | -€83,349 | -18.9% |
| Operating profit (loss) | 9901 | €3,761 | -€6,933 | -€10,694 | |
| Financial income | 75/76B | €257 | €0 | -€257 | -100.0% |
| Recurring financial income | 75 | €257 | €0 | -€257 | -100.0% |
| Financial charges | 65/66B | €1,804 | €3,221 | +€1,417 | +78.6% |
| Recurring financial charges | 65 | €1,804 | €3,221 | +€1,417 | +78.6% |
| Profit (loss) for the period before taxes | 9903 | €2,213 | -€10,154 | -€12,367 | |
| Profit (loss) for the period | 9904 | €2,213 | -€10,154 | -€12,367 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,213 | -€10,154 | -€12,367 |
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 10 October 2026 via checked.be.