EDGE Build: 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 Build
Largest movements
- Receivables within one year -€69,376
down €69,376 (-88.7%), from €78,234 to €8,859
of which Other amounts receivable: -€45,352
- Cash -€64,016
down €64,016 (-92.3%), from €69,370 to €5,354
mainly Net result for the year (-€257,740) and Other debts (-€37,000)
- Profit (loss) carried forward -€257,740
down €257,740 (-304%), from -€84,724 to -€342,463
- Trade debts +€161,487
up €161,487 (+166,071%), from €97 to €161,584
- Other debts -€37,000
down €37,000 (-20.8%), from €177,650 to €140,650
- Gross operating margin -€230,603
down €230,603 (-946%), from -€24,377 to -€254,980
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.
Derived cash bridge
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 | €333,242 | €199,989 | -€133,253 | -40.0% |
| Fixed assets | 21/28 | €26,637 | €26,776 | +€139 | +0.5% |
| Tangible fixed assets | 22/27 | €5,637 | €5,776 | +€139 | +2.5% |
| Plant, machinery and equipment | 23 | €358 | €274 | -€84 | -23.5% |
| Furniture and vehicles | 24 | €5,279 | €5,502 | +€223 | +4.2% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €306,605 | €173,213 | -€133,392 | -43.5% |
| Stocks and contracts in progress | 3 | €159,000 | €159,000 | = | 0.0% |
| Stocks | 30/36 | €159,000 | €159,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,234 | €8,859 | -€69,376 | -88.7% |
| Trade receivables | 40 | €29,481 | €5,457 | -€24,024 | -81.5% |
| Other amounts receivable | 41 | €48,754 | €3,402 | -€45,352 | -93.0% |
| Cash at bank and in hand | 54/58 | €69,370 | €5,354 | -€64,016 | -92.3% |
| Total equity and liabilities | 10/49 | €333,242 | €199,989 | -€133,253 | -40.0% |
| Equity | 10/15 | €154,276 | -€103,463 | -€257,740 | |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €149,000 | €149,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,724 | -€342,463 | -€257,740 | -304% |
| Amounts payable | 17/49 | €178,965 | €303,452 | +€124,487 | +69.6% |
| Amounts payable within one year | 42/48 | €178,215 | €302,452 | +€124,237 | +69.7% |
| Financial debts | 43 | €468 | €218 | -€250 | -53.4% |
| Credit institutions | 430/8 | €468 | €218 | -€250 | -53.4% |
| Trade debts | 44 | €97 | €161,584 | +€161,487 | +166,071% |
| Suppliers | 440/4 | €97 | €161,584 | +€161,487 | +166,071% |
| Other amounts payable | 47/48 | €177,650 | €140,650 | -€37,000 | -20.8% |
| Accrued charges and deferred income | 492/3 | €750 | €1,000 | +€250 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,005 | €1,768 | +€763 | +76.0% |
| Other operating charges | 640/8 | €1,642 | €675 | -€967 | -58.9% |
| Gross operating margin | 9900 | -€24,377 | -€254,980 | -€230,603 | -946% |
| Operating profit (loss) | 9901 | -€27,023 | -€257,422 | -€230,400 | -853% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €1,297 | €45 | -€1,252 | -96.5% |
| Recurring financial charges | 65 | €1,297 | €45 | -€1,252 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,308 | -€257,467 | -€229,159 | -810% |
| Income taxes | 67/77 | €267 | €273 | +€6 | +2.1% |
| Profit (loss) for the period | 9904 | -€28,575 | -€257,740 | -€229,165 | -802% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,575 | -€257,740 | -€229,165 | -802% |
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 20 October 2026 via checked.be.