EDT BE: 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.
EDT BE
Largest movements
- Cash +€2.7m
up €2.7m (+403.9%), from €663,692 to €3.3m
mainly Receivables within one year (+€1.4m) and Trade debts (+€890,625)
- Receivables within one year -€1.4m
down €1.4m (-21.7%), from €6.5m to €5.1m
of which Trade receivables: -€1.6m
- Tangible fixed assets +€219,195
up €219,195 (+102.3%), from €214,272 to €433,467
of which Furniture and vehicles: +€247,084
- Receivables after one year +€213,000
up €213,000 (+213.0%), from €100,000 to €313,000
- Financial fixed assets +€207,145
up €207,145 (+15.6%), from €1.3m to €1.5m
- Trade debts +€890,625
up €890,625 (+26.0%), from €3.4m to €4.3m
- Debts after one year +€676,381
up €676,381 (+1374.3%), from €49,215 to €725,596
of which Other amounts payable: +€704,500
- Accrued charges and deferred income -€298,551
down €298,551 (-6.4%), from €4.6m to €4.3m
- Provisions +€293,155
new in 2024: €293,155
- Tax, wage and social debts +€219,753
up €219,753 (+57.4%), from €382,844 to €602,597
of which Remuneration and social security: +€138,863
- Gross operating margin +€1.2m
up €1.2m (+52.2%), from €2.3m to €3.5m
- Staff costs +€864,366
up €864,366 (+45.5%), from €1.9m to €2.8m
- Provisions +€293,155
new in 2024: €293,155
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.
Cash bridge derived
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 | €8,842,974 | €10,715,077 | +€1.9m | +21.2% |
| Fixed assets | 21/28 | €1,566,507 | €1,978,448 | +€411,941 | +26.3% |
| Intangible fixed assets | 21 | €24,670 | €10,271 | -€14,399 | -58.4% |
| Tangible fixed assets | 22/27 | €214,272 | €433,467 | +€219,195 | +102.3% |
| Land and buildings | 22 | €66,060 | €64,340 | -€1,720 | -2.6% |
| Plant, machinery and equipment | 23 | €17,955 | €17,482 | -€473 | -2.6% |
| Furniture and vehicles | 24 | €52,120 | €299,204 | +€247,084 | +474.1% |
| Leasing and similar rights | 25 | €68,804 | €42,554 | -€26,250 | -38.2% |
| Other tangible fixed assets | 26 | €9,333 | €9,887 | +€554 | +5.9% |
| Financial fixed assets | 28 | €1,327,565 | €1,534,710 | +€207,145 | +15.6% |
| Current assets | 29/58 | €7,276,467 | €8,736,629 | +€1.5m | +20.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €313,000 | +€213,000 | +213.0% |
| Other amounts receivable | 291 | €100,000 | €313,000 | +€213,000 | +213.0% |
| Amounts receivable within one year | 40/41 | €6,486,321 | €5,079,545 | -€1.4m | -21.7% |
| Trade receivables | 40 | €5,869,337 | €4,252,810 | -€1.6m | -27.5% |
| Other amounts receivable | 41 | €616,984 | €826,735 | +€209,751 | +34.0% |
| Cash at bank and in hand | 54/58 | €663,692 | €3,344,084 | +€2.7m | +403.9% |
| Deferred charges and accrued income | 490/1 | €26,454 | - | -€26,454 | |
| Total equity and liabilities | 10/49 | €8,842,974 | €10,715,077 | +€1.9m | +21.2% |
| Equity | 10/15 | €304,746 | €402,986 | +€98,240 | +32.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €284,000 | €382,000 | +€98,000 | +34.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €282,000 | €380,000 | +€98,000 | +34.8% |
| Profit (loss) carried forward | 14 | €746 | €986 | +€240 | +32.2% |
| Provisions and deferred taxes | 16 | - | €293,155 | +€293,155 | |
| Provisions for liabilities and charges | 160/5 | - | €293,155 | +€293,155 | |
| Other liabilities and charges | 164/5 | - | €293,155 | +€293,155 | |
| Amounts payable | 17/49 | €8,538,228 | €10,018,936 | +€1.5m | +17.3% |
| Amounts payable after more than one year | 17 | €49,215 | €725,596 | +€676,381 | +1374.3% |
| Financial debts | 170/4 | €38,715 | €10,596 | -€28,119 | -72.6% |
| Other amounts payable | 178/9 | €10,500 | €715,000 | +€704,500 | +6709.5% |
| Amounts payable within one year | 42/48 | €3,853,089 | €4,955,967 | +€1.1m | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €26,568 | €26,568 | = | 0.0% |
| Trade debts | 44 | €3,425,268 | €4,315,893 | +€890,625 | +26.0% |
| Suppliers | 440/4 | €3,425,268 | €4,315,893 | +€890,625 | +26.0% |
| Advances received on contracts in progress | 46 | €13,510 | €6,010 | -€7,500 | -55.5% |
| Taxes, remuneration and social security | 45 | €382,844 | €602,597 | +€219,753 | +57.4% |
| Taxes | 450/3 | €89,874 | €170,764 | +€80,890 | +90.0% |
| Remuneration and social security | 454/9 | €292,970 | €431,833 | +€138,863 | +47.4% |
| Other amounts payable | 47/48 | €4,899 | €4,899 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,635,924 | €4,337,373 | -€298,551 | -6.4% |
| Remuneration, social security and pensions | 62 | €1,898,519 | €2,762,885 | +€864,366 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,166 | €115,419 | +€16,253 | +16.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €293,155 | +€293,155 | |
| Other operating charges | 640/8 | €50,102 | €45,444 | -€4,658 | -9.3% |
| Gross operating margin | 9900 | €2,290,640 | €3,486,009 | +€1.2m | +52.2% |
| Operating profit (loss) | 9901 | €242,853 | €269,106 | +€26,253 | +10.8% |
| Financial income | 75/76B | €3,350 | €2,385 | -€965 | -28.8% |
| Recurring financial income | 75 | €3,350 | €2,385 | -€965 | -28.8% |
| Financial charges | 65/66B | €43,351 | €49,701 | +€6,350 | +14.6% |
| Recurring financial charges | 65 | €43,351 | €49,701 | +€6,350 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €202,852 | €221,790 | +€18,938 | +9.3% |
| Income taxes | 67/77 | €89,444 | €123,550 | +€34,106 | +38.1% |
| Profit (loss) for the period | 9904 | €113,408 | €98,240 | -€15,168 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €113,408 | €98,240 | -€15,168 | -13.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.