EDS CABLING: 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.
EDS CABLING
Largest movements
- Receivables within one year -€59,342
down €59,342 (-28.0%), from €212,262 to €152,921
of which Trade receivables: -€42,620
- Stocks and contracts +€35,586
new in 2024: €35,586
- Cash +€22,533
up €22,533 (+3,775%), from €597 to €23,130
mainly Receivables within one year (+€59,342) and Trade debts (+€30,941)
- Tangible fixed assets -€9,890
down €9,890 (-31.1%), from €31,831 to €21,942
of which Furniture and vehicles: -€9,317
- Other debts -€35,000
no longer reported in 2024 (was €35,000)
- Trade debts +€30,941
up €30,941 (+43.6%), from €71,038 to €101,979
- Debts after one year -€6,012
down €6,012 (-32.7%), from €18,402 to €12,390
- Current portion of long-term debt -€4,124
down €4,124 (-29.3%), from €14,062 to €9,937
- Profit (loss) carried forward +€3,227
up €3,227 (+6.6%), from €49,119 to €52,346
- Gross operating margin -€46,786
down €46,786 (-28.0%), from €167,293 to €120,507
- Staff costs +€29,296
up €29,296 (+46.6%), from €62,880 to €92,176
- Taxes -€10,957
down €10,957 (-87.2%), from €12,564 to €1,607
- Other operating charges -€3,049
no longer reported in 2024 (was €3,049)
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,840 | €233,729 | -€11,112 | -4.5% |
| Fixed assets | 21/28 | €31,981 | €22,092 | -€9,890 | -30.9% |
| Tangible fixed assets | 22/27 | €31,831 | €21,942 | -€9,890 | -31.1% |
| Plant, machinery and equipment | 23 | €7,748 | €12,625 | +€4,877 | +62.9% |
| Furniture and vehicles | 24 | €18,633 | €9,317 | -€9,317 | -50.0% |
| Leasing and similar rights | 25 | €5,450 | - | -€5,450 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €212,859 | €211,637 | -€1,222 | -0.6% |
| Stocks and contracts in progress | 3 | - | €35,586 | +€35,586 | |
| Stocks | 30/36 | - | €35,586 | +€35,586 | |
| Amounts receivable within one year | 40/41 | €212,262 | €152,921 | -€59,342 | -28.0% |
| Trade receivables | 40 | €114,651 | €72,030 | -€42,620 | -37.2% |
| Other amounts receivable | 41 | €97,612 | €80,890 | -€16,721 | -17.1% |
| Cash at bank and in hand | 54/58 | €597 | €23,130 | +€22,533 | +3,775% |
| Total equity and liabilities | 10/49 | €244,840 | €233,729 | -€11,112 | -4.5% |
| Equity | 10/15 | €68,943 | €72,170 | +€3,227 | +4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,225 | €1,225 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,225 | €1,225 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,225 | €1,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,119 | €52,346 | +€3,227 | +6.6% |
| Amounts payable | 17/49 | €175,897 | €161,558 | -€14,339 | -8.2% |
| Amounts payable after more than one year | 17 | €18,402 | €12,390 | -€6,012 | -32.7% |
| Financial debts | 170/4 | €18,402 | €12,390 | -€6,012 | -32.7% |
| Amounts payable within one year | 42/48 | €157,495 | €149,168 | -€8,327 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €14,062 | €9,937 | -€4,124 | -29.3% |
| Trade debts | 44 | €71,038 | €101,979 | +€30,941 | +43.6% |
| Suppliers | 440/4 | €71,038 | €101,979 | +€30,941 | +43.6% |
| Taxes, remuneration and social security | 45 | €37,396 | €37,252 | -€144 | -0.4% |
| Taxes | 450/3 | €30,577 | €37,252 | +€6,675 | +21.8% |
| Remuneration and social security | 454/9 | €6,819 | - | -€6,819 | |
| Other amounts payable | 47/48 | €35,000 | - | -€35,000 | |
| Remuneration, social security and pensions | 62 | €62,880 | €92,176 | +€29,296 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,119 | €20,800 | +€681 | +3.4% |
| Other operating charges | 640/8 | €3,049 | - | -€3,049 | |
| Gross operating margin | 9900 | €167,293 | €120,507 | -€46,786 | -28.0% |
| Operating profit (loss) | 9901 | €81,246 | €7,531 | -€73,714 | -90.7% |
| Financial charges | 65/66B | €2,969 | €2,698 | -€271 | -9.1% |
| Recurring financial charges | 65 | €2,969 | €2,698 | -€271 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €78,277 | €4,834 | -€73,443 | -93.8% |
| Income taxes | 67/77 | €12,564 | €1,607 | -€10,957 | -87.2% |
| Profit (loss) for the period | 9904 | €65,713 | €3,227 | -€62,486 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,713 | €3,227 | -€62,486 | -95.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.