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EDIFORMA: 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

EDIFORMA

BE 0728.980.239
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€141,668
2023 · -€80,981-€60,686
Equity
-€394,336
2023 · -€252,669-€141,668
Cash
€13,315
2023 · €91,042-€77,727
Balance sheet total
€1.9m
2023 · €1.4m+€491,292

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€578,945

    up €578,945 (+45.0%), from €1.3m to €1.9m

    of which Other tangible fixed assets: +€596,360

  • Cash -€77,727

    down €77,727 (-85.4%), from €91,042 to €13,315

    mainly Investment in fixed assets (net) (-€656,758) and Net result for the year (-€141,668)

Equity and liabilities
  • Debts after one year +€306,120

    up €306,120 (+38.9%), from €787,561 to €1.1m

  • Trade debts +€147,310

    up €147,310 (+1527.4%), from €9,645 to €156,954

  • Profit (loss) carried forward -€141,668

    down €141,668 (-55.4%), from -€255,669 to -€397,336

  • Other debts +€118,093

    up €118,093 (+14.0%), from €846,241 to €964,334

  • Current portion of long-term debt +€61,437

    new in 2024: €61,437

Income statement
  • Depreciation +€52,605

    up €52,605 (+208.7%), from €25,208 to €77,812

  • Financial charges +€6,720

    up €6,720 (+19.2%), from €34,955 to €41,675

  • Other operating charges +€1,838

    up €1,838 (+37.8%), from €4,867 to €6,704

  • Gross operating margin +€476

    up €476 (+3.0%), from -€15,952 to -€15,476

From the 2023 result to the 2024 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 2023 -€80,981
Gross operating margin +€476
Depreciation -€52,605
Other operating charges -€1,838
Financial income +€0
Financial charges -€6,720
Result 2024 -€141,668

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€211,474
Investment -€656,758
Financing +€367,557
Cash 2023 €91,042
Net result for the year -€141,668
Depreciation +€77,812
Receivables within one year +€9,927
Trade debts +€147,310
Other debts +€118,093
Investment in fixed assets (net) -€656,758
Debts after one year +€306,120
Current portion of long-term debt +€61,437
Cash 2024 €13,315
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,390,778 €1,882,070 +€491,292 +35.3%
Fixed assets 21/28 €1,286,717 €1,865,662 +€578,945 +45.0%
Tangible fixed assets 22/27 €1,286,717 €1,865,662 +€578,945 +45.0%
Land and buildings 22 €1,091,182 €1,073,767 -€17,415 -1.6%
Other tangible fixed assets 26 €195,535 €791,895 +€596,360 +305.0%
Current assets 29/58 €104,061 €16,408 -€87,653 -84.2%
Amounts receivable within one year 40/41 €13,020 €3,093 -€9,927 -76.2%
Trade receivables 40 €10,000 - -€10,000
Other amounts receivable 41 €3,020 €3,093 +€74 +2.4%
Cash at bank and in hand 54/58 €91,042 €13,315 -€77,727 -85.4%
Total equity and liabilities 10/49 €1,390,778 €1,882,070 +€491,292 +35.3%
Equity 10/15 -€252,669 -€394,336 -€141,668 -56.1%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€255,669 -€397,336 -€141,668 -55.4%
Amounts payable 17/49 €1,643,446 €2,276,406 +€632,960 +38.5%
Amounts payable after more than one year 17 €787,561 €1,093,680 +€306,120 +38.9%
Financial debts 170/4 €787,561 €1,093,680 +€306,120 +38.9%
Amounts payable within one year 42/48 €855,886 €1,182,725 +€326,840 +38.2%
Current portion of amounts payable after more than one year 42 - €61,437 +€61,437
Trade debts 44 €9,645 €156,954 +€147,310 +1527.4%
Suppliers 440/4 €9,645 €156,954 +€147,310 +1527.4%
Other amounts payable 47/48 €846,241 €964,334 +€118,093 +14.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €25,208 €77,812 +€52,605 +208.7%
Other operating charges 640/8 €4,867 €6,704 +€1,838 +37.8%
Gross operating margin 9900 -€15,952 -€15,476 +€476 +3.0%
Operating profit (loss) 9901 -€46,026 -€99,993 -€53,967 -117.3%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €34,955 €41,675 +€6,720 +19.2%
Recurring financial charges 65 €34,955 €41,675 +€6,720 +19.2%
Profit (loss) for the period before taxes 9903 -€80,981 -€141,668 -€60,686 -74.9%
Profit (loss) for the period 9904 -€80,981 -€141,668 -€60,686 -74.9%
Profit (loss) for the period to be appropriated 9905 -€80,981 -€141,668 -€60,686 -74.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.