EDOUARDIMMO: 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.
EDOUARDIMMO
Largest movements
- Stocks and contracts +€31,020
up €31,020 (+10.6%), from €291,980 to €323,000
- Receivables within one year +€24,880
up €24,880 (+107.8%), from €23,083 to €47,962
of which Trade receivables: +€25,779
- Cash -€9,881
down €9,881 (-77.2%), from €12,803 to €2,921
mainly Stocks and contracts (-€31,020) and Receivables within one year (-€24,880)
- Tangible fixed assets +€6,044
up €6,044 (+66.6%), from €9,071 to €15,115
- Other debts +€49,009
up €49,009 (+12.9%), from €378,874 to €427,883
- Debts after one year +€5,876
new in 2025: €5,876
- Profit (loss) carried forward -€5,511
down €5,511 (-5.3%), from -€104,019 to -€109,531
- Gross operating margin -€8,588
down €8,588 (-92.0%), from €9,333 to €745
- Depreciation -€6,280
down €6,280 (-53.9%), from €11,649 to €5,368
- Taxes -€434
no longer reported in 2025 (was €434)
- Other operating charges -€264
down €264 (-32.0%), from €827 to €562
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 | €337,155 | €389,090 | +€51,935 | +15.4% |
| Fixed assets | 21/28 | €9,071 | €15,115 | +€6,044 | +66.6% |
| Tangible fixed assets | 22/27 | €9,071 | €15,115 | +€6,044 | +66.6% |
| Furniture and vehicles | 24 | €9,071 | €15,115 | +€6,044 | +66.6% |
| Current assets | 29/58 | €328,084 | €373,975 | +€45,891 | +14.0% |
| Stocks and contracts in progress | 3 | €291,980 | €323,000 | +€31,020 | +10.6% |
| Stocks | 30/36 | €291,980 | €323,000 | +€31,020 | +10.6% |
| Amounts receivable within one year | 40/41 | €23,083 | €47,962 | +€24,880 | +107.8% |
| Trade receivables | 40 | €7,011 | €32,789 | +€25,779 | +367.7% |
| Other amounts receivable | 41 | €16,072 | €15,173 | -€899 | -5.6% |
| Cash at bank and in hand | 54/58 | €12,803 | €2,921 | -€9,881 | -77.2% |
| Deferred charges and accrued income | 490/1 | €219 | €91 | -€127 | -58.2% |
| Total equity and liabilities | 10/49 | €337,155 | €389,090 | +€51,935 | +15.4% |
| Equity | 10/15 | -€42,046 | -€47,557 | -€5,511 | -13.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,019 | -€109,531 | -€5,511 | -5.3% |
| Amounts payable | 17/49 | €379,201 | €436,647 | +€57,446 | +15.1% |
| Amounts payable after more than one year | 17 | - | €5,876 | +€5,876 | |
| Financial debts | 170/4 | - | €5,876 | +€5,876 | |
| Amounts payable within one year | 42/48 | €379,201 | €430,771 | +€51,570 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | - | €2,888 | +€2,888 | |
| Trade debts | 44 | €128 | - | -€128 | |
| Suppliers | 440/4 | €128 | - | -€128 | |
| Taxes, remuneration and social security | 45 | €199 | - | -€199 | |
| Taxes | 450/3 | €199 | - | -€199 | |
| Other amounts payable | 47/48 | €378,874 | €427,883 | +€49,009 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,649 | €5,368 | -€6,280 | -53.9% |
| Other operating charges | 640/8 | €827 | €562 | -€264 | -32.0% |
| Gross operating margin | 9900 | €9,333 | €745 | -€8,588 | -92.0% |
| Operating profit (loss) | 9901 | -€3,143 | -€5,186 | -€2,043 | -65.0% |
| Financial charges | 65/66B | €297 | €326 | +€28 | +9.6% |
| Recurring financial charges | 65 | €297 | €326 | +€28 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,440 | -€5,511 | -€2,072 | -60.2% |
| Income taxes | 67/77 | €434 | - | -€434 | |
| Profit (loss) for the period | 9904 | -€3,874 | -€5,511 | -€1,638 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,874 | -€5,511 | -€1,638 | -42.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.