EDMD: 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.
EDMD
Largest movements
- Stocks and contracts +€408
up €408 (+9.9%), from €4,125 to €4,533
- Tangible fixed assets -€368
down €368 (-36.0%), from €1,022 to €654
- Cash -€98
down €98 (-15.9%), from €618 to €520
mainly Trade debts (-€540) and Stocks and contracts (-€408)
- Deferred charges and accrued income +€67
new in 2025: €67
- Short-term financial debts +€854
up €854 (+20.8%), from €4,100 to €4,954
- Trade debts -€540
down €540 (-64.2%), from €842 to €301
of which Suppliers: -€517
- Other debts -€190
down €190 (-0.6%), from €33,553 to €33,363
- Tax, wage and social debts -€68
down €68 (-1.9%), from €3,654 to €3,586
of which Taxes: -€68
- Profit (loss) carried forward -€62
down €62 (-0.1%), from -€54,618 to -€54,680
- Staff costs -€4,693
down €4,693, from €4,639 to -€54
- Turnover +€2,175
up €2,175 (+25.9%), from €8,399 to €10,574
- Gross operating margin +€1,202
up €1,202, from -€336 to €866
- Depreciation +€286
up €286 (+351.8%), from €81 to €368
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 | €6,130 | €6,124 | -€6 | -0.1% |
| Fixed assets | 21/28 | €1,022 | €654 | -€368 | -36.0% |
| Tangible fixed assets | 22/27 | €1,022 | €654 | -€368 | -36.0% |
| Furniture and vehicles | 24 | €1,022 | €654 | -€368 | -36.0% |
| Current assets | 29/58 | €5,108 | €5,470 | +€362 | +7.1% |
| Stocks and contracts in progress | 3 | €4,125 | €4,533 | +€408 | +9.9% |
| Stocks | 30/36 | €4,125 | €4,533 | +€408 | +9.9% |
| Amounts receivable within one year | 40/41 | €365 | €350 | -€15 | -4.0% |
| Trade receivables | 40 | €365 | €350 | -€15 | -4.0% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €618 | €520 | -€98 | -15.9% |
| Deferred charges and accrued income | 490/1 | - | €67 | +€67 | |
| Total equity and liabilities | 10/49 | €6,130 | €6,124 | -€6 | -0.1% |
| Equity | 10/15 | -€36,018 | -€36,080 | -€62 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,618 | -€54,680 | -€62 | -0.1% |
| Amounts payable | 17/49 | €42,148 | €42,204 | +€56 | +0.1% |
| Amounts payable within one year | 42/48 | €42,148 | €42,204 | +€56 | +0.1% |
| Financial debts | 43 | €4,100 | €4,954 | +€854 | +20.8% |
| Credit institutions | 430/8 | €4,100 | €4,954 | +€854 | +20.8% |
| Trade debts | 44 | €842 | €301 | -€540 | -64.2% |
| Suppliers | 440/4 | €819 | €301 | -€517 | -63.2% |
| Bills of exchange payable | 441 | €23 | - | -€23 | |
| Taxes, remuneration and social security | 45 | €3,654 | €3,586 | -€68 | -1.9% |
| Taxes | 450/3 | €554 | €486 | -€68 | -12.3% |
| Remuneration and social security | 454/9 | €3,100 | €3,100 | = | 0.0% |
| Other amounts payable | 47/48 | €33,553 | €33,363 | -€190 | -0.6% |
| Turnover | 70 | €8,399 | €10,574 | +€2,175 | +25.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,607 | €9,708 | +€101 | +1.0% |
| Remuneration, social security and pensions | 62 | €4,639 | -€54 | -€4,693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81 | €368 | +€286 | +351.8% |
| Gross operating margin | 9900 | -€336 | €866 | +€1,202 | |
| Operating profit (loss) | 9901 | -€5,057 | €553 | +€5,609 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €627 | €615 | -€12 | -1.9% |
| Recurring financial charges | 65 | €627 | €615 | -€12 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,683 | -€62 | +€5,621 | +98.9% |
| Profit (loss) for the period | 9904 | -€5,683 | -€62 | +€5,621 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,683 | -€62 | +€5,621 | +98.9% |
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 11 October 2026 via checked.be.