EDGE V: 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 V
Largest movements
- Cash +€135,822
up €135,822 (+261.8%), from €51,877 to €187,698
mainly Other debts (+€100,493) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Receivables within one year -€14,957
down €14,957 (-35.4%), from €42,229 to €27,272
of which Trade receivables: -€19,672
- Tangible fixed assets +€7,525
up €7,525 (+26.3%), from €28,611 to €36,136
of which Furniture and vehicles: +€7,746
- Receivables after one year +€5,000
new in 2025: €5,000
- Other debts +€100,493
up €100,493 (+9184.9%), from €1,094 to €101,587
- Reserves -€60,626
down €60,626 (-29.2%), from €207,429 to €146,803
- Debts after one year -€10,178
down €10,178 (-79.9%), from €12,739 to €2,561
- Depreciation +€8,841
up €8,841 (+72.1%), from €12,260 to €21,101
- Taxes -€2,007
down €2,007 (-11.2%), from €17,860 to €15,852
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 | €261,804 | €292,500 | +€30,695 | +11.7% |
| Fixed assets | 21/28 | €63,711 | €71,236 | +€7,525 | +11.8% |
| Tangible fixed assets | 22/27 | €28,611 | €36,136 | +€7,525 | +26.3% |
| Land and buildings | 22 | €2,086 | €1,865 | -€221 | -10.6% |
| Furniture and vehicles | 24 | €26,525 | €34,272 | +€7,746 | +29.2% |
| Financial fixed assets | 28 | €35,100 | €35,100 | = | 0.0% |
| Current assets | 29/58 | €198,093 | €221,263 | +€23,170 | +11.7% |
| Amounts receivable after more than one year | 29 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 291 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €42,229 | €27,272 | -€14,957 | -35.4% |
| Trade receivables | 40 | €42,229 | €22,557 | -€19,672 | -46.6% |
| Other amounts receivable | 41 | - | €4,715 | +€4,715 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €51,877 | €187,698 | +€135,822 | +261.8% |
| Deferred charges and accrued income | 490/1 | €3,987 | €1,293 | -€2,694 | -67.6% |
| Total equity and liabilities | 10/49 | €261,804 | €292,500 | +€30,695 | +11.7% |
| Equity | 10/15 | €207,529 | €146,903 | -€60,626 | -29.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €207,429 | €146,803 | -€60,626 | -29.2% |
| Distributable reserves | 133 | €207,429 | €146,803 | -€60,626 | -29.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,275 | €145,597 | +€91,322 | +168.3% |
| Amounts payable after more than one year | 17 | €12,739 | €2,561 | -€10,178 | -79.9% |
| Financial debts | 170/4 | €12,739 | €2,561 | -€10,178 | -79.9% |
| Amounts payable within one year | 42/48 | €40,157 | €142,140 | +€101,983 | +254.0% |
| Current portion of amounts payable after more than one year | 42 | €10,075 | €10,178 | +€103 | +1.0% |
| Trade debts | 44 | €1,820 | €1,988 | +€168 | +9.2% |
| Suppliers | 440/4 | €1,820 | €1,988 | +€168 | +9.2% |
| Taxes, remuneration and social security | 45 | €27,168 | €28,387 | +€1,219 | +4.5% |
| Taxes | 450/3 | €27,168 | €28,387 | +€1,219 | +4.5% |
| Other amounts payable | 47/48 | €1,094 | €101,587 | +€100,493 | +9184.9% |
| Accrued charges and deferred income | 492/3 | €1,379 | €896 | -€483 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,260 | €21,101 | +€8,841 | +72.1% |
| Other operating charges | 640/8 | €760 | €1,333 | +€573 | +75.4% |
| Gross operating margin | 9900 | €94,383 | €94,684 | +€301 | +0.3% |
| Operating profit (loss) | 9901 | €81,363 | €72,250 | -€9,113 | -11.2% |
| Financial income | 75/76B | €2,838 | €2,076 | -€762 | -26.9% |
| Recurring financial income | 75 | €2,838 | €2,076 | -€762 | -26.9% |
| Financial charges | 65/66B | €452 | €1,100 | +€648 | +143.3% |
| Recurring financial charges | 65 | €452 | €1,100 | +€648 | +143.3% |
| Profit (loss) for the period before taxes | 9903 | €83,749 | €73,226 | -€10,523 | -12.6% |
| Income taxes | 67/77 | €17,860 | €15,852 | -€2,007 | -11.2% |
| Profit (loss) for the period | 9904 | €65,890 | €57,374 | -€8,516 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,890 | €57,374 | -€8,516 | -12.9% |
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 29 September 2026 via checked.be.