EDM CONCEPT: 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.
EDM CONCEPT
Largest movements
- Receivables within one year +€53,156
up €53,156 (+134%), from €39,724 to €92,880
of which Trade receivables: +€64,736
- Tangible fixed assets -€12,923
down €12,923 (-84.5%), from €15,295 to €2,372
of which Plant, machinery and equipment: -€9,332
- Cash -€4,641
down €4,641 (-98.6%), from €4,708 to €66
mainly Receivables within one year (-€53,156) and Debts after one year (-€5,094)
- Stocks and contracts -€4,500
down €4,500 (-29.5%), from €15,250 to €10,750
- Profit (loss) carried forward +€19,807
up €19,807, from -€5,210 to €14,597
- Trade debts +€13,544
up €13,544 (+23.7%), from €57,090 to €70,635
- Debts after one year -€5,094
no longer reported in 2023 (was €5,094)
- Tax, wage and social debts +€4,155
up €4,155 (+106%), from €3,922 to €8,076
- Gross operating margin +€33,678
up €33,678, from -€824 to €32,853
- Taxes +€2,778
new in 2023: €2,778
- Depreciation -€1,949
down €1,949 (-19.6%), from €9,924 to €7,975
- Staff costs +€1,530
up €1,530 (+1,247%), from €123 to €1,653
- Financial charges -€474
down €474 (-48.7%), from €974 to €500
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,977 | €106,170 | +€31,193 | +41.6% |
| Fixed assets | 21/28 | €15,295 | €2,372 | -€12,923 | -84.5% |
| Tangible fixed assets | 22/27 | €15,295 | €2,372 | -€12,923 | -84.5% |
| Land and buildings | 22 | €0 | €2,372 | +€2,372 | |
| Plant, machinery and equipment | 23 | €9,332 | - | -€9,332 | |
| Furniture and vehicles | 24 | €5,963 | - | -€5,963 | |
| Current assets | 29/58 | €59,682 | €103,798 | +€44,116 | +73.9% |
| Stocks and contracts in progress | 3 | €15,250 | €10,750 | -€4,500 | -29.5% |
| Stocks | 30/36 | €15,250 | €10,750 | -€4,500 | -29.5% |
| Amounts receivable within one year | 40/41 | €39,724 | €92,880 | +€53,156 | +134% |
| Trade receivables | 40 | €28,145 | €92,880 | +€64,736 | +230% |
| Other amounts receivable | 41 | €11,580 | - | -€11,580 | |
| Cash at bank and in hand | 54/58 | €4,708 | €66 | -€4,641 | -98.6% |
| Deferred charges and accrued income | 490/1 | - | €101 | +€101 | |
| Total equity and liabilities | 10/49 | €74,977 | €106,170 | +€31,193 | +41.6% |
| Equity | 10/15 | €2,540 | €22,347 | +€19,807 | +780% |
| Contributions | 10/11 | €7,750 | €7,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,210 | €14,597 | +€19,807 | |
| Amounts payable | 17/49 | €72,437 | €83,823 | +€11,386 | +15.7% |
| Amounts payable after more than one year | 17 | €5,094 | - | -€5,094 | |
| Financial debts | 170/4 | €5,094 | - | -€5,094 | |
| Amounts payable within one year | 42/48 | €67,343 | €83,815 | +€16,472 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €6,046 | €5,094 | -€952 | -15.7% |
| Trade debts | 44 | €57,090 | €70,635 | +€13,544 | +23.7% |
| Suppliers | 440/4 | €57,090 | €70,635 | +€13,544 | +23.7% |
| Taxes, remuneration and social security | 45 | €3,922 | €8,076 | +€4,155 | +106% |
| Taxes | 450/3 | €3,922 | €8,076 | +€4,155 | +106% |
| Other amounts payable | 47/48 | €284 | €10 | -€274 | -96.6% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Remuneration, social security and pensions | 62 | €123 | €1,653 | +€1,530 | +1,247% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,924 | €7,975 | -€1,949 | -19.6% |
| Other operating charges | 640/8 | €705 | €342 | -€363 | -51.5% |
| Gross operating margin | 9900 | -€824 | €32,853 | +€33,678 | |
| Operating profit (loss) | 9901 | -€11,576 | €22,883 | +€34,459 | |
| Financial income | 75/76B | €41 | €202 | +€161 | +396% |
| Recurring financial income | 75 | €41 | €202 | +€161 | +396% |
| Financial charges | 65/66B | €974 | €500 | -€474 | -48.7% |
| Recurring financial charges | 65 | €974 | €500 | -€474 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,510 | €22,585 | +€35,095 | |
| Income taxes | 67/77 | - | €2,778 | +€2,778 | |
| Profit (loss) for the period | 9904 | -€12,510 | €19,807 | +€32,317 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,510 | €19,807 | +€32,317 |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.