EDMA: 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.
EDMA
Largest movements
- Cash +€21,576
up €21,576 (+706%), from €3,054 to €24,631
mainly Investment in fixed assets (net) (+€16,603) and Receivables within one year (+€9,986)
- Tangible fixed assets -€16,685
no longer reported in 2025 (was €16,685)
- Receivables within one year -€9,986
down €9,986 (-41.9%), from €23,854 to €13,868
of which Other amounts receivable: -€7,186
- Current portion of long-term debt -€5,856
no longer reported in 2025 (was €5,856)
- Profit (loss) carried forward +€2,832
up €2,832 (+3.1%), from -€91,810 to -€88,978
- Tax, wage and social debts -€1,301
down €1,301 (-76.7%), from €1,697 to €395
- Trade debts -€769
down €769 (-57.8%), from €1,330 to €562
- Gross operating margin -€15,158
down €15,158, from €13,600 to -€1,558
- Depreciation -€13,483
down €13,483 (-99.4%), from €13,565 to €82
- Taxes -€7,425
down €7,425, from €220 to -€7,205
- Other operating charges -€1,184
down €1,184 (-48.8%), from €2,428 to €1,244
- Financial charges +€143
up €143 (+10.6%), from €1,347 to €1,490
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 | €43,593 | €38,498 | -€5,094 | -11.7% |
| Fixed assets | 21/28 | €16,685 | - | -€16,685 | |
| Tangible fixed assets | 22/27 | €16,685 | - | -€16,685 | |
| Land and buildings | 22 | €7,967 | - | -€7,967 | |
| Furniture and vehicles | 24 | €7,341 | - | -€7,341 | |
| Leasing and similar rights | 25 | €1,377 | - | -€1,377 | |
| Current assets | 29/58 | €26,908 | €38,498 | +€11,590 | +43.1% |
| Amounts receivable within one year | 40/41 | €23,854 | €13,868 | -€9,986 | -41.9% |
| Trade receivables | 40 | €2,800 | - | -€2,800 | |
| Other amounts receivable | 41 | €21,054 | €13,868 | -€7,186 | -34.1% |
| Cash at bank and in hand | 54/58 | €3,054 | €24,631 | +€21,576 | +706% |
| Total equity and liabilities | 10/49 | €43,593 | €38,498 | -€5,094 | -11.7% |
| Equity | 10/15 | €33,190 | €36,022 | +€2,832 | +8.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,810 | -€88,978 | +€2,832 | +3.1% |
| Amounts payable | 17/49 | €10,403 | €2,477 | -€7,926 | -76.2% |
| Amounts payable within one year | 42/48 | €10,403 | €2,477 | -€7,926 | -76.2% |
| Current portion of amounts payable after more than one year | 42 | €5,856 | - | -€5,856 | |
| Trade debts | 44 | €1,330 | €562 | -€769 | -57.8% |
| Suppliers | 440/4 | €1,330 | €562 | -€769 | -57.8% |
| Taxes, remuneration and social security | 45 | €1,697 | €395 | -€1,301 | -76.7% |
| Taxes | 450/3 | €1,697 | €395 | -€1,301 | -76.7% |
| Other amounts payable | 47/48 | €1,519 | €1,519 | = | 0.0% |
| Non-recurring operating income | 76A | €2,740 | €2,270 | -€469 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,565 | €82 | -€13,483 | -99.4% |
| Other operating charges | 640/8 | €2,428 | €1,244 | -€1,184 | -48.8% |
| Gross operating margin | 9900 | €13,600 | -€1,558 | -€15,158 | |
| Operating profit (loss) | 9901 | -€2,392 | -€2,884 | -€491 | -20.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,347 | €1,490 | +€143 | +10.6% |
| Recurring financial charges | 65 | €1,347 | €1,490 | +€143 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,739 | -€4,374 | -€635 | -17.0% |
| Income taxes | 67/77 | €220 | -€7,205 | -€7,425 | |
| Profit (loss) for the period | 9904 | -€3,959 | €2,832 | +€6,791 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,959 | €2,832 | +€6,791 |
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 25 October 2026 via checked.be.