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EDICOVER: 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.

What changed

EDICOVER

BE 0435.016.888
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,261
2024 · €2,297-€36
Equity
€420,867
2024 · €418,606+€2,261
Cash
€201,344
2024 · €417,097-€215,753
Balance sheet total
€421,488
2024 · €420,456+€1,032

Largest movements

2024 to 2025
Assets
  • Cash -€215,753

    down €215,753 (-51.7%), from €417,097 to €201,344

    mainly Current investments (-€215,000) and Deferred charges and accrued income (-€1,285)

  • Current investments +€215,000

    new in 2025: €215,000

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Taxes +€500

      up €500 (+89.9%), from €556 to €1,055

    • Financial income +€465

      up €465 (+9.9%), from €4,717 to €5,182

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €2,297
    Gross operating margin -€2
    Financial income +€465
    Taxes -€500
    Result 2025 €2,261

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€753
    Investment -€215,000
    Financing €0
    Cash 2024 €417,097
    Net result for the year +€2,261
    Smaller working-capital items -€532
    Deferred charges and accrued income -€1,285
    Tax, wage and social debts -€1,197
    Current investments -€215,000
    Cash 2025 €201,344
    Every line side by side 31 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €420,456 €421,488 +€1,032 +0.2%
    Current assets 29/58 €420,456 €421,488 +€1,032 +0.2%
    Amounts receivable within one year 40/41 €3,359 €3,859 +€499 +14.9%
    Other amounts receivable 41 €3,359 €3,859 +€499 +14.9%
    Current investments 50/53 - €215,000 +€215,000
    Cash at bank and in hand 54/58 €417,097 €201,344 -€215,753 -51.7%
    Deferred charges and accrued income 490/1 - €1,285 +€1,285
    Total equity and liabilities 10/49 €420,456 €421,488 +€1,032 +0.2%
    Equity 10/15 €418,606 €420,867 +€2,261 +0.5%
    Contributions 10/11 €244,645 €244,645 = 0.0%
    Reserves 13 €173,961 €176,222 +€2,261 +1.3%
    Non-distributable reserves 130/1 €7,500 €7,500 = 0.0%
    Reserves not available under the articles 1311 €7,500 €7,500 = 0.0%
    Distributable reserves 133 €166,461 €168,722 +€2,261 +1.4%
    Amounts payable 17/49 €1,851 €621 -€1,229 -66.4%
    Amounts payable within one year 42/48 €1,453 €222 -€1,232 -84.8%
    Trade debts 44 €257 €222 -€35 -13.6%
    Suppliers 440/4 €257 €222 -€35 -13.6%
    Taxes, remuneration and social security 45 €1,197 €0 -€1,197 -100.0%
    Taxes 450/3 €1,197 €0 -€1,197 -100.0%
    Accrued charges and deferred income 492/3 €397 €400 +€3 +0.7%
    Gross operating margin 9900 -€1,834 -€1,836 -€2 -0.1%
    Operating profit (loss) 9901 -€1,834 -€1,836 -€2 -0.1%
    Financial income 75/76B €4,717 €5,182 +€465 +9.9%
    Recurring financial income 75 €4,717 €5,182 +€465 +9.9%
    Financial charges 65/66B €30 €30 = 0.0%
    Recurring financial charges 65 €30 €30 = 0.0%
    Profit (loss) for the period before taxes 9903 €2,853 €3,316 +€463 +16.2%
    Income taxes 67/77 €556 €1,055 +€500 +89.9%
    Profit (loss) for the period 9904 €2,297 €2,261 -€36 -1.6%
    Profit (loss) for the period to be appropriated 9905 €2,297 €2,261 -€36 -1.6%

    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 30 September 2026 via checked.be.