EDO ARTS CONSTRUCT: what changed
Two fiscal 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.
EDO ARTS CONSTRUCT
Largest movements
- Receivables within one year -€6,137
down €6,137 (-7.8%), from €79,053 to €72,916
of which Other amounts receivable: -€7,237
- Profit (loss) carried forward -€15,686
down €15,686 (-84.2%), from -€18,621 to -€34,306
- Other debts +€11,900
up €11,900 (+134.4%), from €8,856 to €20,756
- Tax, wage and social debts -€7,332
down €7,332 (-60.7%), from €12,072 to €4,740
- Trade debts +€4,310
up €4,310 (+4.0%), from €108,730 to €113,040
- Other operating charges -€18,355
down €18,355 (-88.5%), from €20,737 to €2,382
- Gross operating margin -€3,687
down €3,687 (-42.7%), from -€8,629 to -€12,316
- Financial charges +€344
up €344 (+420.8%), from €82 to €425
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,250 | €136,596 | -€7,654 | -5.3% |
| Fixed assets | 21/28 | €7,048 | €6,486 | -€563 | -8.0% |
| Tangible fixed assets | 22/27 | €2,555 | €1,993 | -€563 | -22.0% |
| Furniture and vehicles | 24 | €2,555 | €1,993 | -€563 | -22.0% |
| Financial fixed assets | 28 | €4,493 | €4,493 | = | 0.0% |
| Current assets | 29/58 | €137,202 | €130,111 | -€7,091 | -5.2% |
| Amounts receivable after more than one year | 29 | €57,071 | €57,071 | = | 0.0% |
| Trade receivables | 290 | €57,071 | €57,071 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €79,053 | €72,916 | -€6,137 | -7.8% |
| Trade receivables | 40 | €27,371 | €28,471 | +€1,100 | +4.0% |
| Other amounts receivable | 41 | €51,682 | €44,445 | -€7,237 | -14.0% |
| Cash at bank and in hand | 54/58 | €1,078 | €123 | -€955 | -88.6% |
| Total equity and liabilities | 10/49 | €144,250 | €136,596 | -€7,654 | -5.3% |
| Equity | 10/15 | -€6,511 | -€22,196 | -€15,686 | -240.9% |
| Contributions | 10/11 | €10,250 | €10,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,621 | -€34,306 | -€15,686 | -84.2% |
| Amounts payable | 17/49 | €150,761 | €158,793 | +€8,032 | +5.3% |
| Amounts payable within one year | 42/48 | €150,761 | €158,793 | +€8,032 | +5.3% |
| Financial debts | 43 | €1,385 | €539 | -€847 | -61.1% |
| Credit institutions | 430/8 | €1,385 | €539 | -€847 | -61.1% |
| Trade debts | 44 | €108,730 | €113,040 | +€4,310 | +4.0% |
| Suppliers | 440/4 | €108,730 | €113,040 | +€4,310 | +4.0% |
| Advances received on contracts in progress | 46 | €19,717 | €19,717 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,072 | €4,740 | -€7,332 | -60.7% |
| Taxes | 450/3 | €12,072 | €4,740 | -€7,332 | -60.7% |
| Other amounts payable | 47/48 | €8,856 | €20,756 | +€11,900 | +134.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €677 | €563 | -€115 | -17.0% |
| Other operating charges | 640/8 | €20,737 | €2,382 | -€18,355 | -88.5% |
| Gross operating margin | 9900 | -€8,629 | -€12,316 | -€3,687 | -42.7% |
| Operating profit (loss) | 9901 | -€30,044 | -€15,260 | +€14,784 | +49.2% |
| Financial charges | 65/66B | €82 | €425 | +€344 | +420.8% |
| Recurring financial charges | 65 | €82 | €425 | +€344 | +420.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,126 | -€15,686 | +€14,440 | +47.9% |
| Profit (loss) for the period | 9904 | -€30,126 | -€15,686 | +€14,440 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,126 | -€15,686 | +€14,440 | +47.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.