EDM Consult: 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 Consult
Largest movements
- Receivables after one year -€200,000
down €200,000 (-53.3%), from €375,000 to €175,000
- Cash -€85,031
down €85,031 (-95.5%), from €88,998 to €3,967
mainly Contributions, distributions and other (-€189,183) and Other debts (-€129,057)
- Tangible fixed assets -€7,270
down €7,270 (-39.9%), from €18,219 to €10,949
of which Furniture and vehicles: -€6,254
- Reserves -€163,024
down €163,024 (-48.5%), from €336,175 to €173,152
- Other debts -€129,057
down €129,057 (-91.4%), from €141,254 to €12,197
- Gross operating margin +€10,975
up €10,975 (+28.3%), from €38,802 to €49,777
- Taxes +€4,332
up €4,332 (+40.8%), from €10,607 to €14,939
- Financial income -€1,714
no longer reported in 2025 (was €1,714)
- Financial charges -€1,337
down €1,337 (-64.0%), from €2,090 to €753
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 | €489,482 | €198,865 | -€290,618 | -59.4% |
| Fixed assets | 21/28 | €18,219 | €10,949 | -€7,270 | -39.9% |
| Tangible fixed assets | 22/27 | €18,219 | €10,949 | -€7,270 | -39.9% |
| Plant, machinery and equipment | 23 | €3,090 | €2,074 | -€1,016 | -32.9% |
| Furniture and vehicles | 24 | €15,129 | €8,875 | -€6,254 | -41.3% |
| Current assets | 29/58 | €471,264 | €187,916 | -€283,348 | -60.1% |
| Amounts receivable after more than one year | 29 | €375,000 | €175,000 | -€200,000 | -53.3% |
| Other amounts receivable | 291 | €375,000 | €175,000 | -€200,000 | -53.3% |
| Amounts receivable within one year | 40/41 | €7,266 | €8,949 | +€1,683 | +23.2% |
| Trade receivables | 40 | €6,050 | €4,840 | -€1,210 | -20.0% |
| Other amounts receivable | 41 | €1,216 | €4,109 | +€2,893 | +238.0% |
| Cash at bank and in hand | 54/58 | €88,998 | €3,967 | -€85,031 | -95.5% |
| Total equity and liabilities | 10/49 | €489,482 | €198,865 | -€290,618 | -59.4% |
| Equity | 10/15 | €342,375 | €179,352 | -€163,024 | -47.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €336,175 | €173,152 | -€163,024 | -48.5% |
| Distributable reserves | 133 | €336,175 | €173,152 | -€163,024 | -48.5% |
| Amounts payable | 17/49 | €147,107 | €19,513 | -€127,594 | -86.7% |
| Amounts payable within one year | 42/48 | €147,107 | €19,513 | -€127,594 | -86.7% |
| Trade debts | 44 | €1,014 | €2,578 | +€1,564 | +154.3% |
| Suppliers | 440/4 | €1,014 | €2,578 | +€1,564 | +154.3% |
| Taxes, remuneration and social security | 45 | €4,840 | €4,738 | -€101 | -2.1% |
| Taxes | 450/3 | €4,840 | €4,738 | -€101 | -2.1% |
| Other amounts payable | 47/48 | €141,254 | €12,197 | -€129,057 | -91.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,693 | €7,270 | -€423 | -5.5% |
| Other operating charges | 640/8 | €505 | €655 | +€150 | +29.6% |
| Gross operating margin | 9900 | €38,802 | €49,777 | +€10,975 | +28.3% |
| Operating profit (loss) | 9901 | €30,604 | €41,852 | +€11,248 | +36.8% |
| Financial income | 75/76B | €1,714 | - | -€1,714 | |
| Recurring financial income | 75 | €1,714 | - | -€1,714 | |
| Financial charges | 65/66B | €2,090 | €753 | -€1,337 | -64.0% |
| Recurring financial charges | 65 | €2,090 | €753 | -€1,337 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €30,227 | €41,099 | +€10,872 | +36.0% |
| Income taxes | 67/77 | €10,607 | €14,939 | +€4,332 | +40.8% |
| Profit (loss) for the period | 9904 | €19,620 | €26,160 | +€6,540 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,620 | €26,160 | +€6,540 | +33.3% |
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 11 October 2026 via checked.be.