EDRT: 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.
EDRT
Largest movements
- Receivables within one year +€115,776
up €115,776 (+95.3%), from €121,469 to €237,245
of which Other amounts receivable: +€110,348
- Cash -€115,372
down €115,372 (-84.0%), from €137,416 to €22,043
mainly Contributions, distributions and other (-€394,673) and Receivables within one year (-€115,776)
- Tangible fixed assets -€28,130
down €28,130 (-23.1%), from €121,832 to €93,702
of which Furniture and vehicles: -€37,398
- Other debts +€170,000
up €170,000, from €0 to €170,000
- Reserves -€166,163
down €166,163 (-74.0%), from €224,673 to €58,510
- Debts after one year -€34,653
down €34,653 (-40.3%), from €86,020 to €51,367
- Financial income +€6,119
up €6,119 (+185.2%), from €3,303 to €9,422
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 | €380,716 | €352,990 | -€27,726 | -7.3% |
| Fixed assets | 21/28 | €121,832 | €93,702 | -€28,130 | -23.1% |
| Tangible fixed assets | 22/27 | €121,832 | €93,702 | -€28,130 | -23.1% |
| Furniture and vehicles | 24 | €121,099 | €83,701 | -€37,398 | -30.9% |
| Other tangible fixed assets | 26 | €732 | €10,001 | +€9,268 | +1265.4% |
| Current assets | 29/58 | €258,885 | €259,288 | +€404 | +0.2% |
| Amounts receivable within one year | 40/41 | €121,469 | €237,245 | +€115,776 | +95.3% |
| Trade receivables | 40 | €103,819 | €109,247 | +€5,428 | +5.2% |
| Other amounts receivable | 41 | €17,650 | €127,998 | +€110,348 | +625.2% |
| Cash at bank and in hand | 54/58 | €137,416 | €22,043 | -€115,372 | -84.0% |
| Total equity and liabilities | 10/49 | €380,716 | €352,990 | -€27,726 | -7.3% |
| Equity | 10/15 | €226,673 | €60,510 | -€166,163 | -73.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €224,673 | €58,510 | -€166,163 | -74.0% |
| Distributable reserves | 133 | €224,673 | €58,510 | -€166,163 | -74.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €154,043 | €292,480 | +€138,437 | +89.9% |
| Amounts payable after more than one year | 17 | €86,020 | €51,367 | -€34,653 | -40.3% |
| Financial debts | 170/4 | €86,020 | €51,367 | -€34,653 | -40.3% |
| Amounts payable within one year | 42/48 | €68,023 | €241,113 | +€173,090 | +254.5% |
| Current portion of amounts payable after more than one year | 42 | €33,380 | €34,653 | +€1,274 | +3.8% |
| Financial debts | 43 | €20,290 | €20,211 | -€79 | -0.4% |
| Credit institutions | 430/8 | €20,290 | €20,211 | -€79 | -0.4% |
| Trade debts | 44 | €2,011 | €3,887 | +€1,876 | +93.3% |
| Suppliers | 440/4 | €2,011 | €3,887 | +€1,876 | +93.3% |
| Taxes, remuneration and social security | 45 | €12,342 | €12,361 | +€19 | +0.2% |
| Taxes | 450/3 | €12,342 | €12,361 | +€19 | +0.2% |
| Other amounts payable | 47/48 | €0 | €170,000 | +€170,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,933 | €38,012 | +€78 | +0.2% |
| Other operating charges | 640/8 | €1,693 | €3,461 | +€1,768 | +104.4% |
| Gross operating margin | 9900 | €338,004 | €338,259 | +€255 | +0.1% |
| Operating profit (loss) | 9901 | €298,378 | €296,787 | -€1,591 | -0.5% |
| Financial income | 75/76B | €3,303 | €9,422 | +€6,119 | +185.2% |
| Recurring financial income | 75 | €3,303 | €9,422 | +€6,119 | +185.2% |
| Financial charges | 65/66B | €6,672 | €5,180 | -€1,492 | -22.4% |
| Recurring financial charges | 65 | €6,672 | €5,180 | -€1,492 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €295,009 | €301,028 | +€6,019 | +2.0% |
| Income taxes | 67/77 | €70,335 | €72,518 | +€2,183 | +3.1% |
| Profit (loss) for the period | 9904 | €224,673 | €228,510 | +€3,837 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €224,673 | €228,510 | +€3,837 | +1.7% |
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.