EDICT: 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.
EDICT
Largest movements
- Cash -€27,692
no longer reported in 2025 (was €27,692)
mainly Net result for the year (-€22,893) and Receivables within one year (-€6,648)
- Receivables within one year +€6,648
new in 2025: €6,648
of which Trade receivables: +€6,446
- Tangible fixed assets +€510
up €510 (+2.8%), from €18,116 to €18,626
of which Furniture and vehicles: +€4,070
- Profit (loss) carried forward -€22,893
down €22,893 (-61.7%), from -€37,076 to -€59,970
- Short-term financial debts +€5,191
new in 2025: €5,191
- Tax, wage and social debts -€3,435
down €3,435 (-85.7%), from €4,006 to €571
- Other debts +€2,333
up €2,333 (+7.4%), from €31,699 to €34,032
- Trade debts -€1,731
no longer reported in 2025 (was €1,731)
- Gross operating margin -€24,247
down €24,247, from €7,202 to -€17,045
- Depreciation +€2,115
up €2,115 (+76.5%), from €2,767 to €4,882
- Other operating charges -€368
down €368 (-38.0%), from €968 to €600
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 | €45,809 | €25,274 | -€20,535 | -44.8% |
| Fixed assets | 21/28 | €18,116 | €18,626 | +€510 | +2.8% |
| Tangible fixed assets | 22/27 | €18,116 | €18,626 | +€510 | +2.8% |
| Land and buildings | 22 | €3,197 | €2,813 | -€384 | -12.0% |
| Plant, machinery and equipment | 23 | €5,533 | €4,348 | -€1,185 | -21.4% |
| Furniture and vehicles | 24 | - | €4,070 | +€4,070 | |
| Other tangible fixed assets | 26 | €9,386 | €7,395 | -€1,991 | -21.2% |
| Current assets | 29/58 | €27,692 | €6,648 | -€21,045 | -76.0% |
| Amounts receivable within one year | 40/41 | - | €6,648 | +€6,648 | |
| Trade receivables | 40 | - | €6,446 | +€6,446 | |
| Other amounts receivable | 41 | - | €202 | +€202 | |
| Cash at bank and in hand | 54/58 | €27,692 | - | -€27,692 | |
| Total equity and liabilities | 10/49 | €45,809 | €25,274 | -€20,535 | -44.8% |
| Equity | 10/15 | €8,372 | -€14,521 | -€22,893 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,849 | €26,849 | = | 0.0% |
| Distributable reserves | 133 | €26,849 | €26,849 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,076 | -€59,970 | -€22,893 | -61.7% |
| Amounts payable | 17/49 | €37,436 | €39,795 | +€2,358 | +6.3% |
| Amounts payable within one year | 42/48 | €37,436 | €39,795 | +€2,358 | +6.3% |
| Financial debts | 43 | - | €5,191 | +€5,191 | |
| Credit institutions | 430/8 | - | €5,191 | +€5,191 | |
| Trade debts | 44 | €1,731 | - | -€1,731 | |
| Suppliers | 440/4 | €1,731 | - | -€1,731 | |
| Taxes, remuneration and social security | 45 | €4,006 | €571 | -€3,435 | -85.7% |
| Taxes | 450/3 | €4,006 | €571 | -€3,435 | -85.7% |
| Other amounts payable | 47/48 | €31,699 | €34,032 | +€2,333 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,767 | €4,882 | +€2,115 | +76.5% |
| Other operating charges | 640/8 | €968 | €600 | -€368 | -38.0% |
| Gross operating margin | 9900 | €7,202 | -€17,045 | -€24,247 | |
| Operating profit (loss) | 9901 | €3,468 | -€22,526 | -€25,994 | |
| Financial income | 75/76B | €5 | €12 | +€7 | +133% |
| Recurring financial income | 75 | €5 | €12 | +€7 | +133% |
| Financial charges | 65/66B | €278 | €198 | -€80 | -28.9% |
| Recurring financial charges | 65 | €278 | €198 | -€80 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €3,194 | -€22,712 | -€25,907 | |
| Income taxes | 67/77 | €318 | €181 | -€137 | -43.0% |
| Profit (loss) for the period | 9904 | €2,877 | -€22,893 | -€25,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,877 | -€22,893 | -€25,770 |
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 27 October 2026 via checked.be.