EDVARDSSON: 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.
EDVARDSSON
Largest movements
- Receivables within one year -€115,089
down €115,089 (-45.5%), from €253,015 to €137,926
of which Trade receivables: -€119,812
- Cash +€27,270
up €27,270 (+476%), from €5,730 to €33,000
mainly Receivables within one year (+€115,089) and Accrued charges and deferred income (+€3,100)
- Stocks and contracts +€27,174
up €27,174 (+168%), from €16,157 to €43,331
- Deferred charges and accrued income +€3,369
new in 2024: €3,369
- Trade debts -€29,377
down €29,377 (-81.7%), from €35,947 to €6,570
- Tax, wage and social debts -€14,608
down €14,608 (-41.8%), from €34,928 to €20,321
of which Taxes: -€16,110
- Profit (loss) carried forward -€9,214
new in 2024: -€9,214
- Other debts -€8,000
down €8,000 (-11.4%), from €70,000 to €62,000
- Accrued charges and deferred income +€3,100
up €3,100 (+57.3%), from €5,410 to €8,510
- Gross operating margin -€24,629
down €24,629, from €20,640 to -€3,990
- Taxes -€6,215
down €6,215 (-95.7%), from €6,491 to €277
- Financial charges +€323
up €323 (+9.5%), from €3,415 to €3,738
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 | €276,700 | €218,601 | -€58,099 | -21.0% |
| Fixed assets | 21/28 | €1,798 | €975 | -€823 | -45.8% |
| Tangible fixed assets | 22/27 | €1,798 | €975 | -€823 | -45.8% |
| Furniture and vehicles | 24 | €1,798 | €975 | -€823 | -45.8% |
| Current assets | 29/58 | €274,902 | €217,626 | -€57,275 | -20.8% |
| Stocks and contracts in progress | 3 | €16,157 | €43,331 | +€27,174 | +168% |
| Stocks | 30/36 | €16,157 | €43,331 | +€27,174 | +168% |
| Amounts receivable within one year | 40/41 | €253,015 | €137,926 | -€115,089 | -45.5% |
| Trade receivables | 40 | €253,015 | €133,202 | -€119,812 | -47.4% |
| Other amounts receivable | 41 | - | €4,724 | +€4,724 | |
| Cash at bank and in hand | 54/58 | €5,730 | €33,000 | +€27,270 | +476% |
| Deferred charges and accrued income | 490/1 | - | €3,369 | +€3,369 | |
| Total equity and liabilities | 10/49 | €276,700 | €218,601 | -€58,099 | -21.0% |
| Equity | 10/15 | €108,955 | €99,741 | -€9,214 | -8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,755 | €102,755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,895 | €100,895 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,214 | -€9,214 | |
| Amounts payable | 17/49 | €167,745 | €118,860 | -€48,884 | -29.1% |
| Amounts payable within one year | 42/48 | €162,335 | €110,350 | -€51,984 | -32.0% |
| Financial debts | 43 | €21,460 | €21,460 | = | 0.0% |
| Credit institutions | 430/8 | - | €21,460 | +€21,460 | |
| Other loans | 439 | €21,460 | - | -€21,460 | |
| Trade debts | 44 | €35,947 | €6,570 | -€29,377 | -81.7% |
| Suppliers | 440/4 | €35,947 | €6,570 | -€29,377 | -81.7% |
| Taxes, remuneration and social security | 45 | €34,928 | €20,321 | -€14,608 | -41.8% |
| Taxes | 450/3 | €28,126 | €12,016 | -€16,110 | -57.3% |
| Remuneration and social security | 454/9 | €6,802 | €8,305 | +€1,503 | +22.1% |
| Other amounts payable | 47/48 | €70,000 | €62,000 | -€8,000 | -11.4% |
| Accrued charges and deferred income | 492/3 | €5,410 | €8,510 | +€3,100 | +57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €672 | €823 | +€151 | +22.5% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €20,640 | -€3,990 | -€24,629 | |
| Operating profit (loss) | 9901 | €19,583 | -€5,200 | -€24,784 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,415 | €3,738 | +€323 | +9.5% |
| Recurring financial charges | 65 | €3,415 | €3,738 | +€323 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €16,169 | -€8,938 | -€25,106 | |
| Income taxes | 67/77 | €6,491 | €277 | -€6,215 | -95.7% |
| Profit (loss) for the period | 9904 | €9,678 | -€9,214 | -€18,892 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,678 | -€9,214 | -€18,892 |
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 14 October 2026 via checked.be.