EDV Expertise: 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.
EDV Expertise
Largest movements
- Current investments +€1,950
new in 2025: €1,950
- Cash -€1,715
no longer reported in 2025 (was €1,715)
mainly Current investments (-€1,950) and Net result for the year (-€610)
- Formation expenses -€303
down €303 (-29.9%), from €1,012 to €709
- Tangible fixed assets -€137
down €137 (-74.9%), from €183 to €46
- Profit (loss) carried forward -€610
down €610 (-8.5%), from -€7,202 to -€7,812
- Other debts +€412
up €412 (+7.6%), from €5,447 to €5,859
- Purchases and services -€2,794
down €2,794 (-87.8%), from €3,181 to €387
- Gross operating margin +€2,763
up €2,763 (+94.2%), from -€2,933 to -€170
- Financial charges -€67
no longer reported in 2025 (was €67)
- Depreciation +€36
up €36 (+8.9%), from €404 to €440
- Turnover -€31
down €31 (-12.5%), from €248 to €217
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.
Derived cash bridge
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 | €3,245 | €3,047 | -€198 | -6.1% |
| Formation expenses | 20 | €1,012 | €709 | -€303 | -29.9% |
| Fixed assets | 21/28 | €183 | €46 | -€137 | -74.9% |
| Tangible fixed assets | 22/27 | €183 | €46 | -€137 | -74.9% |
| Furniture and vehicles | 24 | €183 | €46 | -€137 | -74.9% |
| Current assets | 29/58 | €2,050 | €2,292 | +€242 | +11.8% |
| Amounts receivable within one year | 40/41 | €335 | €342 | +€7 | +2.1% |
| Other amounts receivable | 41 | €335 | €342 | +€7 | +2.1% |
| Current investments | 50/53 | - | €1,950 | +€1,950 | |
| Cash at bank and in hand | 54/58 | €1,715 | - | -€1,715 | |
| Total equity and liabilities | 10/49 | €3,245 | €3,047 | -€198 | -6.1% |
| Equity | 10/15 | -€2,202 | -€2,812 | -€610 | -27.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | -€7,202 | -€7,812 | -€610 | -8.5% |
| Amounts payable | 17/49 | €5,447 | €5,859 | +€412 | +7.6% |
| Amounts payable within one year | 42/48 | €5,447 | €5,859 | +€412 | +7.6% |
| Other amounts payable | 47/48 | €5,447 | €5,859 | +€412 | +7.6% |
| Turnover | 70 | €248 | €217 | -€31 | -12.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,181 | €387 | -€2,794 | -87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €404 | €440 | +€36 | +8.9% |
| Gross operating margin | 9900 | -€2,933 | -€170 | +€2,763 | +94.2% |
| Operating profit (loss) | 9901 | -€3,337 | -€610 | +€2,727 | +81.7% |
| Financial charges | 65/66B | €67 | - | -€67 | |
| Recurring financial charges | 65 | €67 | - | -€67 | |
| Profit (loss) for the period before taxes | 9903 | -€3,404 | -€610 | +€2,794 | +82.1% |
| Profit (loss) for the period | 9904 | -€3,404 | -€610 | +€2,794 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,404 | -€610 | +€2,794 | +82.1% |
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 29 October 2026 via checked.be.