EDOUARD: 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.
EDOUARD
Largest movements
- Receivables within one year -€13,617
no longer reported in 2024 (was €13,617)
- Profit (loss) carried forward -€26,455
down €26,455 (-3.6%), from -€728,726 to -€755,181
- Other debts +€25,587
new in 2024: €25,587
- Trade debts -€14,133
down €14,133 (-45.0%), from €31,394 to €17,262
- Gross operating margin -€13,917
down €13,917 (-26.4%), from €52,698 to €38,781
- Depreciation +€1,021
up €1,021 (+237.9%), from €429 to €1,450
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 | €1,172,129 | €1,156,429 | -€15,701 | -1.3% |
| Fixed assets | 21/28 | €1,155,975 | €1,154,525 | -€1,450 | -0.1% |
| Tangible fixed assets | 22/27 | €1,155,975 | €1,154,525 | -€1,450 | -0.1% |
| Land and buildings | 22 | €1,147,069 | €1,147,069 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,905 | €7,456 | -€1,450 | -16.3% |
| Current assets | 29/58 | €16,155 | €1,904 | -€14,251 | -88.2% |
| Amounts receivable within one year | 40/41 | €13,617 | - | -€13,617 | |
| Other amounts receivable | 41 | €13,617 | - | -€13,617 | |
| Cash at bank and in hand | 54/58 | €2,538 | €1,904 | -€634 | -25.0% |
| Total equity and liabilities | 10/49 | €1,172,129 | €1,156,429 | -€15,701 | -1.3% |
| Equity | 10/15 | €420,584 | €394,129 | -€26,455 | -6.3% |
| Contributions | 10/11 | €604,000 | €604,000 | = | 0.0% |
| Capital | 10 | €604,000 | €604,000 | = | 0.0% |
| Issued capital | 100 | €604,000 | €604,000 | = | 0.0% |
| Revaluation surpluses | 12 | €545,310 | €545,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€728,726 | -€755,181 | -€26,455 | -3.6% |
| Amounts payable | 17/49 | €751,545 | €762,300 | +€10,755 | +1.4% |
| Amounts payable after more than one year | 17 | €718,210 | €718,210 | = | 0.0% |
| Financial debts | 170/4 | €717,000 | €717,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,210 | €1,210 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,394 | €42,849 | +€11,455 | +36.5% |
| Trade debts | 44 | €31,394 | €17,262 | -€14,133 | -45.0% |
| Suppliers | 440/4 | €31,394 | €17,262 | -€14,133 | -45.0% |
| Other amounts payable | 47/48 | - | €25,587 | +€25,587 | |
| Accrued charges and deferred income | 492/3 | €1,941 | €1,241 | -€700 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €1,450 | +€1,021 | +237.9% |
| Other operating charges | 640/8 | €1,099 | €1,107 | +€7 | +0.7% |
| Gross operating margin | 9900 | €52,698 | €38,781 | -€13,917 | -26.4% |
| Operating profit (loss) | 9901 | €51,170 | €36,225 | -€14,945 | -29.2% |
| Financial charges | 65/66B | €62,760 | €62,680 | -€80 | -0.1% |
| Recurring financial charges | 65 | €62,760 | €62,680 | -€80 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,590 | -€26,455 | -€14,865 | -128.3% |
| Profit (loss) for the period | 9904 | -€11,590 | -€26,455 | -€14,865 | -128.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,590 | -€26,455 | -€14,865 | -128.3% |
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 1 October 2026 via checked.be.