EDQUERCUS: 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.
EDQUERCUS
Largest movements
- Cash +€4,171
up €4,171 (+59.3%), from €7,035 to €11,206
mainly Net result for the year (+€5,381) and Tax, wage and social debts (+€4,183)
- Receivables within one year +€2,876
up €2,876 (+30.8%), from €9,333 to €12,210
of which Trade receivables: +€2,876
- Tangible fixed assets -€2,052
down €2,052 (-46.6%), from €4,406 to €2,354
of which Furniture and vehicles: -€1,162
- Profit (loss) carried forward +€5,381
up €5,381 (+5.0%), from -€106,860 to -€101,478
- Tax, wage and social debts +€4,183
up €4,183 (+763.4%), from €548 to €4,731
- Other debts -€3,266
down €3,266 (-13.1%), from €25,017 to €21,750
- Trade debts -€1,411
down €1,411 (-51.1%), from €2,761 to €1,350
- Turnover +€33,993
up €33,993, from €0 to €33,993
- Purchases and services +€25,865
up €25,865, from €0 to €25,865
- Gross operating margin +€8,684
up €8,684 (+1663.6%), from €522 to €9,206
- Other operating charges -€509
down €509 (-27.8%), from €1,829 to €1,320
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 | €22,466 | €27,353 | +€4,887 | +21.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,406 | €2,354 | -€2,052 | -46.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €4,406 | €2,354 | -€2,052 | -46.6% |
| Plant, machinery and equipment | 23 | €2,618 | €1,728 | -€890 | -34.0% |
| Furniture and vehicles | 24 | €1,787 | €626 | -€1,162 | -65.0% |
| Current assets | 29/58 | €18,060 | €24,999 | +€6,939 | +38.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €9,333 | €12,210 | +€2,876 | +30.8% |
| Trade receivables | 40 | €9,333 | €12,210 | +€2,876 | +30.8% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €7,035 | €11,206 | +€4,171 | +59.3% |
| Deferred charges and accrued income | 490/1 | €1,692 | €1,583 | -€108 | -6.4% |
| Total equity and liabilities | 10/49 | €22,466 | €27,353 | +€4,887 | +21.8% |
| Equity | 10/15 | -€5,860 | -€478 | +€5,381 | +91.8% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €41,000 | €41,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,860 | -€101,478 | +€5,381 | +5.0% |
| Amounts payable | 17/49 | €28,325 | €27,831 | -€494 | -1.7% |
| Amounts payable within one year | 42/48 | €28,325 | €27,831 | -€494 | -1.7% |
| Trade debts | 44 | €2,761 | €1,350 | -€1,411 | -51.1% |
| Suppliers | 440/4 | €2,761 | €1,350 | -€1,411 | -51.1% |
| Taxes, remuneration and social security | 45 | €548 | €4,731 | +€4,183 | +763.4% |
| Taxes | 450/3 | €548 | €4,731 | +€4,183 | +763.4% |
| Other amounts payable | 47/48 | €25,017 | €21,750 | -€3,266 | -13.1% |
| Turnover | 70 | €0 | €33,993 | +€33,993 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €25,865 | +€25,865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,052 | €2,052 | = | 0.0% |
| Other operating charges | 640/8 | €1,829 | €1,320 | -€509 | -27.8% |
| Gross operating margin | 9900 | €522 | €9,206 | +€8,684 | +1663.6% |
| Operating profit (loss) | 9901 | -€3,359 | €5,834 | +€9,193 | |
| Financial charges | 65/66B | €64 | €36 | -€28 | -44.0% |
| Recurring financial charges | 65 | €64 | €36 | -€28 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,423 | €5,798 | +€9,221 | |
| Income taxes | 67/77 | €406 | €417 | +€11 | +2.6% |
| Profit (loss) for the period | 9904 | -€3,829 | €5,381 | +€9,211 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,829 | €5,381 | +€9,211 |
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 6 October 2026 via checked.be.