EDM WOONADVIES: 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 WOONADVIES
Largest movements
- Cash -€9,699
down €9,699 (-79.2%), from €12,249 to €2,550
mainly Net result for the year (-€37,477) and Trade debts (-€5,177)
- Receivables within one year +€4,232
up €4,232 (+1,889%), from €224 to €4,456
of which Trade receivables: +€3,879
- Tangible fixed assets -€2,131
down €2,131 (-5.0%), from €42,280 to €40,149
of which Land and buildings: -€2,119
- Profit (loss) carried forward -€37,477
down €37,477 (-114%), from -€32,962 to -€70,439
- Other debts +€34,250
up €34,250 (+65.8%), from €52,050 to €86,300
- Trade debts -€5,177
down €5,177 (-83.9%), from €6,173 to €995
- Short-term financial debts +€4,367
new in 2025: €4,367
- Tax, wage and social debts -€3,523
down €3,523 (-41.0%), from €8,595 to €5,073
of which Taxes: -€2,648
- Gross operating margin -€13,495
down €13,495 (-110%), from -€12,244 to -€25,740
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 | €55,856 | €48,296 | -€7,560 | -13.5% |
| Fixed assets | 21/28 | €42,280 | €40,149 | -€2,131 | -5.0% |
| Tangible fixed assets | 22/27 | €42,280 | €40,149 | -€2,131 | -5.0% |
| Land and buildings | 22 | €42,208 | €40,089 | -€2,119 | -5.0% |
| Furniture and vehicles | 24 | €72 | €60 | -€12 | -16.2% |
| Current assets | 29/58 | €13,576 | €8,147 | -€5,429 | -40.0% |
| Amounts receivable after more than one year | 29 | €143 | €143 | = | 0.0% |
| Trade receivables | 290 | €143 | €143 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €224 | €4,456 | +€4,232 | +1,889% |
| Trade receivables | 40 | €176 | €4,056 | +€3,879 | +2,204% |
| Other amounts receivable | 41 | €48 | €401 | +€353 | +734% |
| Cash at bank and in hand | 54/58 | €12,249 | €2,550 | -€9,699 | -79.2% |
| Deferred charges and accrued income | 490/1 | €960 | €997 | +€37 | +3.9% |
| Total equity and liabilities | 10/49 | €55,856 | €48,296 | -€7,560 | -13.5% |
| Equity | 10/15 | -€10,962 | -€48,439 | -€37,477 | -342% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,962 | -€70,439 | -€37,477 | -114% |
| Amounts payable | 17/49 | €66,818 | €96,735 | +€29,917 | +44.8% |
| Amounts payable within one year | 42/48 | €66,818 | €96,735 | +€29,917 | +44.8% |
| Financial debts | 43 | - | €4,367 | +€4,367 | |
| Credit institutions | 430/8 | - | €4,367 | +€4,367 | |
| Trade debts | 44 | €6,173 | €995 | -€5,177 | -83.9% |
| Suppliers | 440/4 | €6,173 | €995 | -€5,177 | -83.9% |
| Taxes, remuneration and social security | 45 | €8,595 | €5,073 | -€3,523 | -41.0% |
| Taxes | 450/3 | €5,321 | €2,673 | -€2,648 | -49.8% |
| Remuneration and social security | 454/9 | €3,275 | €2,400 | -€875 | -26.7% |
| Other amounts payable | 47/48 | €52,050 | €86,300 | +€34,250 | +65.8% |
| Non-recurring operating income | 76A | - | €876 | +€876 | |
| Remuneration, social security and pensions | 62 | €7,443 | €7,324 | -€119 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,131 | €2,131 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €124 | €124 | = | 0.0% |
| Other operating charges | 640/8 | €1,148 | €1,351 | +€203 | +17.7% |
| Gross operating margin | 9900 | -€12,244 | -€25,740 | -€13,495 | -110% |
| Operating profit (loss) | 9901 | -€23,091 | -€36,670 | -€13,579 | -58.8% |
| Financial income | 75/76B | €0 | €160 | +€160 | +80,010% |
| Recurring financial income | 75 | €0 | €160 | +€160 | +80,010% |
| Financial charges | 65/66B | €958 | €842 | -€116 | -12.1% |
| Recurring financial charges | 65 | €958 | €842 | -€116 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,049 | -€37,352 | -€13,303 | -55.3% |
| Income taxes | 67/77 | €140 | €125 | -€14 | -10.1% |
| Profit (loss) for the period | 9904 | -€24,188 | -€37,477 | -€13,289 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,188 | -€37,477 | -€13,289 | -54.9% |
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 20 October 2026 via checked.be.