EDLC: 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.
EDLC
Largest movements
- Receivables within one year +€3,594
up €3,594 (+1,708%), from €210 to €3,805
- Deferred charges and accrued income +€1,756
new in 2024: €1,756
- Cash -€1,343
down €1,343 (-23.8%), from €5,638 to €4,296
mainly Other debts (-€9,139) and Tax, wage and social debts (-€5,557)
- Tangible fixed assets -€905
down €905 (-25.0%), from €3,620 to €2,715
- Profit (loss) carried forward +€15,161
up €15,161 (+25.0%), from -€60,699 to -€45,537
- Other debts -€9,139
down €9,139 (-18.9%), from €48,266 to €39,127
- Tax, wage and social debts -€5,557
down €5,557 (-77.3%), from €7,192 to €1,634
of which Remuneration and social security: -€4,341
- Trade debts +€3,087
new in 2024: €3,087
- Advances received -€450
no longer reported in 2024 (was €450)
- Gross operating margin +€25,752
up €25,752, from -€8,526 to €17,226
- Other operating charges +€374
up €374 (+50.8%), from €737 to €1,112
- Taxes +€358
up €358, from -€340 to €18
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 | €9,469 | €12,572 | +€3,103 | +32.8% |
| Fixed assets | 21/28 | €3,620 | €2,715 | -€905 | -25.0% |
| Tangible fixed assets | 22/27 | €3,620 | €2,715 | -€905 | -25.0% |
| Furniture and vehicles | 24 | €3,620 | €2,715 | -€905 | -25.0% |
| Current assets | 29/58 | €5,849 | €9,857 | +€4,008 | +68.5% |
| Amounts receivable within one year | 40/41 | €210 | €3,805 | +€3,594 | +1,708% |
| Other amounts receivable | 41 | €210 | €3,805 | +€3,594 | +1,708% |
| Cash at bank and in hand | 54/58 | €5,638 | €4,296 | -€1,343 | -23.8% |
| Deferred charges and accrued income | 490/1 | - | €1,756 | +€1,756 | |
| Total equity and liabilities | 10/49 | €9,469 | €12,572 | +€3,103 | +32.8% |
| Equity | 10/15 | -€46,439 | -€31,277 | +€15,161 | +32.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,699 | -€45,537 | +€15,161 | +25.0% |
| Amounts payable | 17/49 | €55,908 | €43,849 | -€12,059 | -21.6% |
| Amounts payable within one year | 42/48 | €55,908 | €43,849 | -€12,059 | -21.6% |
| Trade debts | 44 | - | €3,087 | +€3,087 | |
| Suppliers | 440/4 | - | €3,087 | +€3,087 | |
| Advances received on contracts in progress | 46 | €450 | - | -€450 | |
| Taxes, remuneration and social security | 45 | €7,192 | €1,634 | -€5,557 | -77.3% |
| Taxes | 450/3 | €2,851 | €1,634 | -€1,217 | -42.7% |
| Remuneration and social security | 454/9 | €4,341 | - | -€4,341 | |
| Other amounts payable | 47/48 | €48,266 | €39,127 | -€9,139 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €905 | €905 | = | 0.0% |
| Other operating charges | 640/8 | €737 | €1,112 | +€374 | +50.8% |
| Gross operating margin | 9900 | -€8,526 | €17,226 | +€25,752 | |
| Operating profit (loss) | 9901 | -€10,169 | €15,209 | +€25,377 | |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €48 | €56 | +€7 | +15.4% |
| Recurring financial charges | 65 | €48 | €56 | +€7 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,217 | €15,179 | +€25,396 | |
| Income taxes | 67/77 | -€340 | €18 | +€358 | |
| Profit (loss) for the period | 9904 | -€9,876 | €15,161 | +€25,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,876 | €15,161 | +€25,038 |
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 14 October 2026 via checked.be.