Editho: 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.
Editho
Largest movements
- Cash +€26,266
up €26,266 (+564.9%), from €4,649 to €30,916
mainly Net result for the year (+€15,288) and Receivables within one year (+€14,985)
- Receivables within one year -€14,985
down €14,985 (-48.0%), from €31,192 to €16,207
of which Trade receivables: -€12,778
- Tangible fixed assets -€14,526
down €14,526 (-35.4%), from €41,034 to €26,508
of which Furniture and vehicles: -€13,852
- Deferred charges and accrued income -€2,241
down €2,241 (-54.9%), from €4,080 to €1,839
- Reserves +€15,288
up €15,288 (+53.1%), from €28,812 to €44,099
- Debts after one year -€12,733
down €12,733 (-100.0%), from €12,733 to €0
- Tax, wage and social debts -€6,601
down €6,601 (-38.3%), from €17,219 to €10,618
of which Taxes: -€6,601
- Trade debts -€1,890
down €1,890 (-60.3%), from €3,135 to €1,245
- Gross operating margin +€20,387
up €20,387 (+172.7%), from €11,805 to €32,192
- Depreciation -€8,626
down €8,626 (-40.9%), from €21,084 to €12,457
- Taxes +€1,745
up €1,745 (+478.9%), from €364 to €2,109
- Financial income -€1,352
down €1,352 (-100.0%), from €1,352 to €0
- Financial charges -€490
down €490 (-24.6%), from €1,988 to €1,498
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 | €80,955 | €75,470 | -€5,486 | -6.8% |
| Fixed assets | 21/28 | €41,034 | €26,508 | -€14,526 | -35.4% |
| Tangible fixed assets | 22/27 | €41,034 | €26,508 | -€14,526 | -35.4% |
| Plant, machinery and equipment | 23 | €3,720 | €3,046 | -€674 | -18.1% |
| Furniture and vehicles | 24 | €37,313 | €23,461 | -€13,852 | -37.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €39,922 | €48,962 | +€9,040 | +22.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €31,192 | €16,207 | -€14,985 | -48.0% |
| Trade receivables | 40 | €23,958 | €11,180 | -€12,778 | -53.3% |
| Other amounts receivable | 41 | €7,234 | €5,027 | -€2,208 | -30.5% |
| Cash at bank and in hand | 54/58 | €4,649 | €30,916 | +€26,266 | +564.9% |
| Deferred charges and accrued income | 490/1 | €4,080 | €1,839 | -€2,241 | -54.9% |
| Total equity and liabilities | 10/49 | €80,955 | €75,470 | -€5,486 | -6.8% |
| Equity | 10/15 | €33,812 | €49,099 | +€15,288 | +45.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,812 | €44,099 | +€15,288 | +53.1% |
| Distributable reserves | 133 | €28,812 | €44,099 | +€15,288 | +53.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,144 | €26,371 | -€20,773 | -44.1% |
| Amounts payable after more than one year | 17 | €12,733 | €0 | -€12,733 | -100.0% |
| Financial debts | 170/4 | €12,733 | €0 | -€12,733 | -100.0% |
| Amounts payable within one year | 42/48 | €34,411 | €26,371 | -€8,040 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €12,231 | €12,733 | +€502 | +4.1% |
| Financial debts | 43 | €73 | €77 | +€4 | +5.0% |
| Credit institutions | 430/8 | €73 | €77 | +€4 | +5.0% |
| Trade debts | 44 | €3,135 | €1,245 | -€1,890 | -60.3% |
| Suppliers | 440/4 | €3,135 | €1,245 | -€1,890 | -60.3% |
| Taxes, remuneration and social security | 45 | €17,219 | €10,618 | -€6,601 | -38.3% |
| Taxes | 450/3 | €14,719 | €8,118 | -€6,601 | -44.8% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,753 | €1,699 | -€54 | -3.1% |
| Non-recurring operating income | 76A | - | €932 | +€932 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,084 | €12,457 | -€8,626 | -40.9% |
| Other operating charges | 640/8 | €505 | €840 | +€334 | +66.2% |
| Gross operating margin | 9900 | €11,805 | €32,192 | +€20,387 | +172.7% |
| Operating profit (loss) | 9901 | -€9,784 | €18,895 | +€28,679 | |
| Financial income | 75/76B | €1,352 | €0 | -€1,352 | -100.0% |
| Recurring financial income | 75 | €1,352 | €0 | -€1,352 | -100.0% |
| Financial charges | 65/66B | €1,988 | €1,498 | -€490 | -24.6% |
| Recurring financial charges | 65 | €1,988 | €1,498 | -€490 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,420 | €17,397 | +€27,817 | |
| Income taxes | 67/77 | €364 | €2,109 | +€1,745 | +478.9% |
| Profit (loss) for the period | 9904 | -€10,784 | €15,288 | +€26,072 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,784 | €15,288 | +€26,072 |
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 10 October 2026 via checked.be.