EDP-Advisory: 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.
EDP-Advisory
Largest movements
- Cash +€19,871
up €19,871 (+100.1%), from €19,856 to €39,727
mainly Net result for the year (+€30,733) and Tax, wage and social debts (+€18,020)
- Receivables within one year -€12,357
down €12,357 (-26.1%), from €47,380 to €35,023
of which Other amounts receivable: -€14,956
- Tangible fixed assets -€3,251
down €3,251 (-70.5%), from €4,611 to €1,360
- Profit (loss) carried forward -€24,267
down €24,267 (-70.9%), from €34,220 to €9,953
- Tax, wage and social debts +€18,020
up €18,020 (+100.2%), from €17,988 to €36,008
- Other debts +€10,000
up €10,000, from €0 to €10,000
- Trade debts +€1,170
up €1,170 (+6130.8%), from €19 to €1,189
- Financial charges +€725
up €725 (+131.9%), from €550 to €1,276
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 | €71,872 | €76,420 | +€4,548 | +6.3% |
| Fixed assets | 21/28 | €4,636 | €1,385 | -€3,251 | -70.1% |
| Tangible fixed assets | 22/27 | €4,611 | €1,360 | -€3,251 | -70.5% |
| Furniture and vehicles | 24 | €4,611 | €1,360 | -€3,251 | -70.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €67,236 | €75,035 | +€7,799 | +11.6% |
| Amounts receivable within one year | 40/41 | €47,380 | €35,023 | -€12,357 | -26.1% |
| Trade receivables | 40 | €11,404 | €14,004 | +€2,599 | +22.8% |
| Other amounts receivable | 41 | €35,975 | €21,020 | -€14,956 | -41.6% |
| Cash at bank and in hand | 54/58 | €19,856 | €39,727 | +€19,871 | +100.1% |
| Deferred charges and accrued income | 490/1 | €0 | €285 | +€285 | |
| Total equity and liabilities | 10/49 | €71,872 | €76,420 | +€4,548 | +6.3% |
| Equity | 10/15 | €53,440 | €29,173 | -€24,267 | -45.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,220 | €9,953 | -€24,267 | -70.9% |
| Amounts payable | 17/49 | €18,432 | €47,247 | +€28,814 | +156.3% |
| Amounts payable within one year | 42/48 | €18,007 | €47,197 | +€29,190 | +162.1% |
| Trade debts | 44 | €19 | €1,189 | +€1,170 | +6130.8% |
| Suppliers | 440/4 | €19 | €1,189 | +€1,170 | +6130.8% |
| Taxes, remuneration and social security | 45 | €17,988 | €36,008 | +€18,020 | +100.2% |
| Taxes | 450/3 | €17,988 | €36,008 | +€18,020 | +100.2% |
| Other amounts payable | 47/48 | €0 | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €425 | €50 | -€375 | -88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,174 | €3,251 | +€77 | +2.4% |
| Other operating charges | 640/8 | €362 | €445 | +€83 | +22.8% |
| Gross operating margin | 9900 | €44,144 | €44,102 | -€42 | -0.1% |
| Operating profit (loss) | 9901 | €40,608 | €40,406 | -€202 | -0.5% |
| Financial income | 75/76B | €1,822 | €1,544 | -€278 | -15.2% |
| Recurring financial income | 75 | €1,822 | €1,544 | -€278 | -15.2% |
| Financial charges | 65/66B | €550 | €1,276 | +€725 | +131.9% |
| Recurring financial charges | 65 | €550 | €1,276 | +€725 | +131.9% |
| Profit (loss) for the period before taxes | 9903 | €41,879 | €40,674 | -€1,205 | -2.9% |
| Income taxes | 67/77 | €10,090 | €9,941 | -€149 | -1.5% |
| Profit (loss) for the period | 9904 | €31,790 | €30,733 | -€1,056 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,790 | €30,733 | -€1,056 | -3.3% |
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 10 October 2026 via checked.be.