EDITIONS ET 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.
EDITIONS ET MANAGEMENT
Largest movements
- Cash +€4,265
up €4,265 (+9.6%), from €44,377 to €48,642
mainly Other debts (+€6,147) and Depreciation (+€3,041)
- Tangible fixed assets +€2,862
up €2,862 (+46.0%), from €6,222 to €9,084
of which Furniture and vehicles: +€3,152
- Receivables within one year +€1,940
up €1,940 (+3.9%), from €50,279 to €52,219
of which Trade receivables: +€1,847
- Other debts +€6,147
up €6,147 (+84.1%), from €7,310 to €13,457
- Trade debts -€2,512
down €2,512 (-27.1%), from €9,257 to €6,745
- Profit (loss) carried forward +€1,912
up €1,912 (+9.2%), from €20,801 to €22,713
- Gross operating margin +€6,499
up €6,499 (+1,940%), from €335 to €6,834
- Provisions +€3,763
up €3,763, from -€3,570 to €193
- Depreciation +€758
up €758 (+33.2%), from €2,283 to €3,041
- Financial charges +€522
up €522 (+140%), from €372 to €894
- Financial income +€354
up €354 (+204%), from €173 to €527
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 | €110,766 | €118,310 | +€7,544 | +6.8% |
| Fixed assets | 21/28 | €13,099 | €15,016 | +€1,918 | +14.6% |
| Intangible fixed assets | 21 | €6,232 | €5,288 | -€944 | -15.1% |
| Tangible fixed assets | 22/27 | €6,222 | €9,084 | +€2,862 | +46.0% |
| Land and buildings | 22 | €2,449 | €2,159 | -€290 | -11.8% |
| Furniture and vehicles | 24 | €3,773 | €6,925 | +€3,152 | +83.5% |
| Financial fixed assets | 28 | €645 | €645 | = | 0.0% |
| Current assets | 29/58 | €97,667 | €103,293 | +€5,626 | +5.8% |
| Stocks and contracts in progress | 3 | €1,967 | €1,663 | -€304 | -15.5% |
| Stocks | 30/36 | €1,967 | €1,663 | -€304 | -15.5% |
| Amounts receivable within one year | 40/41 | €50,279 | €52,219 | +€1,940 | +3.9% |
| Trade receivables | 40 | €49,027 | €50,874 | +€1,847 | +3.8% |
| Other amounts receivable | 41 | €1,252 | €1,345 | +€93 | +7.4% |
| Cash at bank and in hand | 54/58 | €44,377 | €48,642 | +€4,265 | +9.6% |
| Deferred charges and accrued income | 490/1 | €1,045 | €770 | -€275 | -26.3% |
| Total equity and liabilities | 10/49 | €110,766 | €118,310 | +€7,544 | +6.8% |
| Equity | 10/15 | €84,541 | €86,453 | +€1,912 | +2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,740 | €1,740 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,740 | €1,740 | = | 0.0% |
| Legal reserve | 130 | €1,740 | €1,740 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,801 | €22,713 | +€1,912 | +9.2% |
| Provisions and deferred taxes | 16 | €8,921 | €9,114 | +€193 | +2.2% |
| Provisions for liabilities and charges | 160/5 | €8,921 | €9,114 | +€193 | +2.2% |
| Environmental obligations | 163 | €8,921 | €9,114 | +€193 | +2.2% |
| Amounts payable | 17/49 | €17,304 | €22,743 | +€5,439 | +31.4% |
| Amounts payable within one year | 42/48 | €17,304 | €21,690 | +€4,387 | +25.4% |
| Trade debts | 44 | €9,257 | €6,745 | -€2,512 | -27.1% |
| Suppliers | 440/4 | €9,257 | €6,745 | -€2,512 | -27.1% |
| Taxes, remuneration and social security | 45 | €737 | €1,488 | +€751 | +102% |
| Taxes | 450/3 | €737 | €1,488 | +€751 | +102% |
| Other amounts payable | 47/48 | €7,310 | €13,457 | +€6,147 | +84.1% |
| Accrued charges and deferred income | 492/3 | - | €1,053 | +€1,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,283 | €3,041 | +€758 | +33.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,570 | €193 | +€3,763 | |
| Other operating charges | 640/8 | €631 | €485 | -€145 | -23.0% |
| Gross operating margin | 9900 | €335 | €6,834 | +€6,499 | +1,940% |
| Operating profit (loss) | 9901 | €991 | €3,115 | +€2,124 | +214% |
| Financial income | 75/76B | €173 | €527 | +€354 | +204% |
| Recurring financial income | 75 | €173 | €527 | +€354 | +204% |
| Financial charges | 65/66B | €372 | €894 | +€522 | +140% |
| Recurring financial charges | 65 | €372 | €894 | +€522 | +140% |
| Profit (loss) for the period before taxes | 9903 | €793 | €2,749 | +€1,956 | +247% |
| Income taxes | 67/77 | €512 | €837 | +€324 | +63.3% |
| Profit (loss) for the period | 9904 | €280 | €1,912 | +€1,632 | +582% |
| Profit (loss) for the period to be appropriated | 9905 | €280 | €1,912 | +€1,632 | +582% |
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 24 October 2026 via checked.be.