EDITEAM MANAGEMENT: 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.
EDITEAM MANAGEMENT
Largest movements
- Cash -€198,281
down €198,281 (-80.3%), from €246,960 to €48,679
mainly Other debts (-€135,084) and Current investments (-€60,000)
- Current investments +€60,000
new in 2024: €60,000
- Tangible fixed assets -€3,131
down €3,131 (-57.6%), from €5,434 to €2,303
- Other debts -€135,084
down €135,084 (-77.5%), from €174,226 to €39,142
- Tax, wage and social debts -€11,496
down €11,496 (-35.5%), from €32,359 to €20,863
of which Taxes: -€11,240
- Profit (loss) carried forward +€6,019
up €6,019 (+10.4%), from €57,989 to €64,008
- Gross operating margin +€8,356
up €8,356 (+14.8%), from €56,554 to €64,910
- Taxes +€1,666
up €1,666 (+15.1%), from €11,007 to €12,672
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €273,108 | €132,513 | -€140,595 | -51.5% |
| Fixed assets | 21/28 | €5,477 | €2,346 | -€3,131 | -57.2% |
| Tangible fixed assets | 22/27 | €5,434 | €2,303 | -€3,131 | -57.6% |
| Furniture and vehicles | 24 | €5,434 | €2,303 | -€3,131 | -57.6% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €267,631 | €130,167 | -€137,464 | -51.4% |
| Amounts receivable within one year | 40/41 | €19,533 | €19,440 | -€93 | -0.5% |
| Trade receivables | 40 | €12,540 | €12,447 | -€93 | -0.7% |
| Other amounts receivable | 41 | €6,993 | €6,993 | = | 0.0% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €246,960 | €48,679 | -€198,281 | -80.3% |
| Deferred charges and accrued income | 490/1 | €1,138 | €2,047 | +€909 | +79.9% |
| Total equity and liabilities | 10/49 | €273,108 | €132,513 | -€140,595 | -51.5% |
| Equity | 10/15 | €63,989 | €70,008 | +€6,019 | +9.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,989 | €64,008 | +€6,019 | +10.4% |
| Amounts payable | 17/49 | €209,119 | €62,505 | -€146,614 | -70.1% |
| Amounts payable within one year | 42/48 | €209,119 | €62,505 | -€146,614 | -70.1% |
| Trade debts | 44 | €2,533 | €2,499 | -€34 | -1.3% |
| Suppliers | 440/4 | €2,533 | €2,499 | -€34 | -1.3% |
| Taxes, remuneration and social security | 45 | €32,359 | €20,863 | -€11,496 | -35.5% |
| Taxes | 450/3 | €32,103 | €20,863 | -€11,240 | -35.0% |
| Remuneration and social security | 454/9 | €256 | - | -€256 | |
| Other amounts payable | 47/48 | €174,226 | €39,142 | -€135,084 | -77.5% |
| Remuneration, social security and pensions | 62 | €1,741 | €1,755 | +€14 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,840 | €3,131 | +€290 | +10.2% |
| Other operating charges | 640/8 | €1,568 | €1,291 | -€276 | -17.6% |
| Gross operating margin | 9900 | €56,554 | €64,910 | +€8,356 | +14.8% |
| Operating profit (loss) | 9901 | €50,405 | €58,733 | +€8,328 | +16.5% |
| Financial charges | 65/66B | €83 | €42 | -€42 | -50.0% |
| Recurring financial charges | 65 | €83 | €42 | -€42 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €50,322 | €58,691 | +€8,369 | +16.6% |
| Income taxes | 67/77 | €11,007 | €12,672 | +€1,666 | +15.1% |
| Profit (loss) for the period | 9904 | €39,315 | €46,019 | +€6,704 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,315 | €46,019 | +€6,704 | +17.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.