EDKD: 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.
EDKD
Largest movements
- Cash +€815,181
up €815,181 (+382.8%), from €212,931 to €1.0m
mainly Net result for the year (+€593,297) and Other debts (+€247,771)
- Receivables within one year +€525,036
up €525,036 (+42.6%), from €1.2m to €1.8m
of which Trade receivables: +€513,567
- Tangible fixed assets -€48,146
down €48,146 (-8.2%), from €583,736 to €535,590
of which Land and buildings: -€44,044
- Reserves +€380,000
up €380,000 (+79.5%), from €477,970 to €857,970
of which Distributable reserves: +€380,000
- Other debts +€247,771
up €247,771 (+165.2%), from €150,000 to €397,771
- Accrued charges and deferred income +€213,375
new in 2025: €213,375
- Tax, wage and social debts +€203,191
up €203,191 (+73.0%), from €278,345 to €481,536
of which Remuneration and social security: +€203,745
- Profit (loss) carried forward +€193,297
up €193,297 (+97.5%), from €198,182 to €391,478
- Financial income +€170,984
up €170,984 (+227.1%), from €75,285 to €246,269
- Staff costs +€111,482
up €111,482 (+15.1%), from €736,379 to €847,862
- Gross operating margin +€70,343
up €70,343 (+5.0%), from €1.4m to €1.5m
- Depreciation -€20,686
down €20,686 (-26.2%), from €79,006 to €58,321
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 | €2,058,398 | €3,325,844 | +€1.3m | +61.6% |
| Fixed assets | 21/28 | €590,236 | €539,590 | -€50,646 | -8.6% |
| Tangible fixed assets | 22/27 | €583,736 | €535,590 | -€48,146 | -8.2% |
| Land and buildings | 22 | €535,011 | €490,967 | -€44,044 | -8.2% |
| Plant, machinery and equipment | 23 | €36,790 | €33,019 | -€3,771 | -10.3% |
| Furniture and vehicles | 24 | €11,935 | €11,604 | -€331 | -2.8% |
| Financial fixed assets | 28 | €6,500 | €4,000 | -€2,500 | -38.5% |
| Current assets | 29/58 | €1,468,163 | €2,786,255 | +€1.3m | +89.8% |
| Amounts receivable within one year | 40/41 | €1,233,107 | €1,758,143 | +€525,036 | +42.6% |
| Trade receivables | 40 | €1,230,107 | €1,743,674 | +€513,567 | +41.7% |
| Other amounts receivable | 41 | €3,000 | €14,469 | +€11,469 | +382.3% |
| Cash at bank and in hand | 54/58 | €212,931 | €1,028,112 | +€815,181 | +382.8% |
| Deferred charges and accrued income | 490/1 | €22,125 | - | -€22,125 | |
| Total equity and liabilities | 10/49 | €2,058,398 | €3,325,844 | +€1.3m | +61.6% |
| Equity | 10/15 | €855,852 | €1,429,148 | +€573,297 | +67.0% |
| Contributions | 10/11 | €179,700 | €179,700 | = | 0.0% |
| Reserves | 13 | €477,970 | €857,970 | +€380,000 | +79.5% |
| Non-distributable reserves | 130/1 | €17,970 | €17,970 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,970 | €17,970 | = | 0.0% |
| Distributable reserves | 133 | €460,000 | €840,000 | +€380,000 | +82.6% |
| Profit (loss) carried forward | 14 | €198,182 | €391,478 | +€193,297 | +97.5% |
| Amounts payable | 17/49 | €1,202,547 | €1,896,696 | +€694,149 | +57.7% |
| Amounts payable after more than one year | 17 | €481,465 | €442,272 | -€39,193 | -8.1% |
| Financial debts | 170/4 | €481,465 | €442,272 | -€39,193 | -8.1% |
| Amounts payable within one year | 42/48 | €721,082 | €1,241,049 | +€519,967 | +72.1% |
| Current portion of amounts payable after more than one year | 42 | €38,477 | €39,193 | +€716 | +1.9% |
| Trade debts | 44 | €254,259 | €322,549 | +€68,289 | +26.9% |
| Suppliers | 440/4 | €254,259 | €322,549 | +€68,289 | +26.9% |
| Taxes, remuneration and social security | 45 | €278,345 | €481,536 | +€203,191 | +73.0% |
| Taxes | 450/3 | €234,098 | €233,544 | -€554 | -0.2% |
| Remuneration and social security | 454/9 | €44,247 | €247,992 | +€203,745 | +460.5% |
| Other amounts payable | 47/48 | €150,000 | €397,771 | +€247,771 | +165.2% |
| Accrued charges and deferred income | 492/3 | - | €213,375 | +€213,375 | |
| Remuneration, social security and pensions | 62 | €736,379 | €847,862 | +€111,482 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,006 | €58,321 | -€20,686 | -26.2% |
| Other operating charges | 640/8 | €21,131 | €15,591 | -€5,540 | -26.2% |
| Gross operating margin | 9900 | €1,400,833 | €1,471,176 | +€70,343 | +5.0% |
| Operating profit (loss) | 9901 | €564,316 | €549,403 | -€14,914 | -2.6% |
| Financial income | 75/76B | €75,285 | €246,269 | +€170,984 | +227.1% |
| Recurring financial income | 75 | €75,285 | €246,269 | +€170,984 | +227.1% |
| Financial charges | 65/66B | €17,863 | €11,590 | -€6,272 | -35.1% |
| Recurring financial charges | 65 | €17,863 | €11,590 | -€6,272 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €621,739 | €784,081 | +€162,342 | +26.1% |
| Income taxes | 67/77 | €190,146 | €190,784 | +€638 | +0.3% |
| Profit (loss) for the period | 9904 | €431,593 | €593,297 | +€161,704 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €431,593 | €593,297 | +€161,704 | +37.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.