EDOUMAR: 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.
EDOUMAR
Largest movements
- Cash -€9,730
down €9,730 (-85.4%), from €11,394 to €1,664
mainly Net result for the year (-€51,265) and Trade debts (-€4,845)
- Receivables within one year -€9,361
down €9,361 (-95.5%), from €9,804 to €444
of which Trade receivables: -€4,837
- Tangible fixed assets -€7,621
down €7,621 (-16.6%), from €45,844 to €38,223
of which Furniture and vehicles: -€4,403
- Stocks and contracts +€4,783
new in 2025: €4,783
- Profit (loss) carried forward -€51,265
down €51,265, from €15,854 to -€35,410
- Other debts +€34,102
up €34,102 (+87.7%), from €38,902 to €73,003
- Trade debts -€4,845
down €4,845 (-66.3%), from €7,310 to €2,465
- Purchases and services -€53,982
no longer reported in 2025 (was €53,982)
- Turnover -€22,484
no longer reported in 2025 (was €22,484)
- Gross operating margin -€10,408
down €10,408 (-33.1%), from -€31,474 to -€41,882
- Depreciation +€3,562
up €3,562 (+87.8%), from €4,059 to €7,621
- Other operating charges -€3,506
down €3,506 (-85.2%), from €4,116 to €610
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 | €67,067 | €45,358 | -€21,708 | -32.4% |
| Fixed assets | 21/28 | €45,844 | €38,223 | -€7,621 | -16.6% |
| Tangible fixed assets | 22/27 | €45,844 | €38,223 | -€7,621 | -16.6% |
| Plant, machinery and equipment | 23 | €3,882 | €3,462 | -€420 | -10.8% |
| Furniture and vehicles | 24 | €17,700 | €13,296 | -€4,403 | -24.9% |
| Other tangible fixed assets | 26 | €24,263 | €21,465 | -€2,798 | -11.5% |
| Current assets | 29/58 | €21,222 | €7,135 | -€14,087 | -66.4% |
| Stocks and contracts in progress | 3 | - | €4,783 | +€4,783 | |
| Stocks | 30/36 | - | €4,783 | +€4,783 | |
| Amounts receivable within one year | 40/41 | €9,804 | €444 | -€9,361 | -95.5% |
| Trade receivables | 40 | €4,837 | €0 | -€4,837 | -100.0% |
| Other amounts receivable | 41 | €4,968 | €444 | -€4,524 | -91.1% |
| Cash at bank and in hand | 54/58 | €11,394 | €1,664 | -€9,730 | -85.4% |
| Deferred charges and accrued income | 490/1 | €24 | €245 | +€221 | +926.1% |
| Total equity and liabilities | 10/49 | €67,067 | €45,358 | -€21,708 | -32.4% |
| Equity | 10/15 | €20,854 | -€30,410 | -€51,265 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,854 | -€35,410 | -€51,265 | |
| Amounts payable | 17/49 | €46,212 | €75,769 | +€29,557 | +64.0% |
| Amounts payable within one year | 42/48 | €46,212 | €75,769 | +€29,557 | +64.0% |
| Trade debts | 44 | €7,310 | €2,465 | -€4,845 | -66.3% |
| Suppliers | 440/4 | €7,310 | €2,465 | -€4,845 | -66.3% |
| Taxes, remuneration and social security | 45 | €0 | €300 | +€300 | |
| Taxes | 450/3 | €0 | €300 | +€300 | |
| Other amounts payable | 47/48 | €38,902 | €73,003 | +€34,102 | +87.7% |
| Turnover | 70 | €22,484 | - | -€22,484 | |
| Non-recurring operating income | 76A | €0 | €59 | +€59 | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,982 | - | -€53,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,059 | €7,621 | +€3,562 | +87.8% |
| Other operating charges | 640/8 | €4,116 | €610 | -€3,506 | -85.2% |
| Non-recurring operating charges | 66A | €1,113 | €0 | -€1,113 | -100.0% |
| Gross operating margin | 9900 | -€31,474 | -€41,882 | -€10,408 | -33.1% |
| Operating profit (loss) | 9901 | -€40,762 | -€50,113 | -€9,351 | -22.9% |
| Financial income | 75/76B | €4 | €1 | -€3 | -65.3% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -65.3% |
| Financial charges | 65/66B | €2,930 | €1,153 | -€1,777 | -60.6% |
| Recurring financial charges | 65 | €2,930 | €1,153 | -€1,777 | -60.6% |
| Profit (loss) for the period before taxes | 9903 | -€43,688 | -€51,265 | -€7,577 | -17.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€43,688 | -€51,265 | -€7,577 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,688 | -€51,265 | -€7,577 | -17.3% |
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.