EDM Management Services: 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 Management Services
Largest movements
- Current investments +€110,000
new in 2025: €110,000
- Receivables within one year -€16,355
down €16,355 (-48.1%), from €33,986 to €17,631
- Cash -€11,565
down €11,565 (-16.3%), from €70,770 to €59,205
mainly Current investments (-€110,000) and Deferred charges and accrued income (-€2,203)
- Deferred charges and accrued income +€2,203
up €2,203 (+128%), from €1,718 to €3,922
- Reserves +€67,519
up €67,519 (+91.7%), from €73,626 to €141,145
- Tax, wage and social debts +€15,538
up €15,538 (+58.1%), from €26,745 to €42,283
- Gross operating margin -€8,698
down €8,698 (-9.0%), from €96,727 to €88,028
- Taxes -€1,485
down €1,485 (-7.8%), from €19,031 to €17,547
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 | €110,231 | €193,617 | +€83,386 | +75.6% |
| Fixed assets | 21/28 | €3,757 | €2,860 | -€897 | -23.9% |
| Tangible fixed assets | 22/27 | €3,757 | €2,860 | -€897 | -23.9% |
| Plant, machinery and equipment | 23 | €1,634 | €1,226 | -€408 | -24.9% |
| Furniture and vehicles | 24 | €2,123 | €1,634 | -€490 | -23.1% |
| Current assets | 29/58 | €106,474 | €190,758 | +€84,283 | +79.2% |
| Amounts receivable within one year | 40/41 | €33,986 | €17,631 | -€16,355 | -48.1% |
| Trade receivables | 40 | €33,986 | €17,631 | -€16,355 | -48.1% |
| Current investments | 50/53 | - | €110,000 | +€110,000 | |
| Cash at bank and in hand | 54/58 | €70,770 | €59,205 | -€11,565 | -16.3% |
| Deferred charges and accrued income | 490/1 | €1,718 | €3,922 | +€2,203 | +128% |
| Total equity and liabilities | 10/49 | €110,231 | €193,617 | +€83,386 | +75.6% |
| Equity | 10/15 | €78,626 | €146,145 | +€67,519 | +85.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,626 | €141,145 | +€67,519 | +91.7% |
| Distributable reserves | 133 | €73,626 | €141,145 | +€67,519 | +91.7% |
| Amounts payable | 17/49 | €31,605 | €47,472 | +€15,867 | +50.2% |
| Amounts payable within one year | 42/48 | €31,318 | €47,410 | +€16,092 | +51.4% |
| Trade debts | 44 | €2,840 | €3,040 | +€200 | +7.0% |
| Suppliers | 440/4 | €2,840 | €3,040 | +€200 | +7.0% |
| Taxes, remuneration and social security | 45 | €26,745 | €42,283 | +€15,538 | +58.1% |
| Taxes | 450/3 | €26,745 | €42,283 | +€15,538 | +58.1% |
| Other amounts payable | 47/48 | €1,733 | €2,087 | +€354 | +20.4% |
| Accrued charges and deferred income | 492/3 | €287 | €62 | -€225 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729 | €897 | +€168 | +23.1% |
| Other operating charges | 640/8 | - | €128 | +€128 | |
| Gross operating margin | 9900 | €96,727 | €88,028 | -€8,698 | -9.0% |
| Operating profit (loss) | 9901 | €95,998 | €87,003 | -€8,995 | -9.4% |
| Financial income | 75/76B | €0 | €637 | +€637 | +2,124,067% |
| Recurring financial income | 75 | €0 | €637 | +€637 | +2,124,067% |
| Financial charges | 65/66B | €2,508 | €1,715 | -€792 | -31.6% |
| Recurring financial charges | 65 | €2,508 | €1,715 | -€792 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €93,490 | €85,925 | -€7,565 | -8.1% |
| Income taxes | 67/77 | €19,031 | €17,547 | -€1,485 | -7.8% |
| Profit (loss) for the period | 9904 | €74,459 | €68,378 | -€6,081 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,459 | €68,378 | -€6,081 | -8.2% |
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 15 October 2026 via checked.be.