EDVCT: 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.
EDVCT
Largest movements
- Cash +€4,089
up €4,089 (+44.1%), from €9,272 to €13,361
mainly Other debts (+€11,942) and Receivables within one year (+€3,038)
- Receivables within one year -€3,038
down €3,038 (-32.2%), from €9,432 to €6,394
- Current investments +€2,777
up €2,777 (+231.4%), from €1,200 to €3,977
- Tangible fixed assets +€1,571
up €1,571 (+366.5%), from €429 to €2,000
- Deferred charges and accrued income -€502
down €502 (-33.2%), from €1,511 to €1,010
- Other debts +€11,942
up €11,942 (+100.8%), from €11,844 to €23,786
- Tax, wage and social debts -€9,012
down €9,012 (-75.2%), from €11,990 to €2,977
of which Remuneration and social security: -€8,000
- Trade debts +€1,833
up €1,833 (+157.8%), from €1,162 to €2,994
- Gross operating margin +€9,235
up €9,235, from -€3,230 to €6,005
- Financial charges +€3,106
up €3,106 (+24434.5%), from €13 to €3,118
- Other operating charges +€1,210
up €1,210 (+314.7%), from €384 to €1,594
- Depreciation +€698
up €698 (+2894.2%), from €24 to €722
- Taxes +€443
new in 2025: €443
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 | €21,844 | €26,741 | +€4,897 | +22.4% |
| Fixed assets | 21/28 | €429 | €2,000 | +€1,571 | +366.5% |
| Tangible fixed assets | 22/27 | €429 | €2,000 | +€1,571 | +366.5% |
| Furniture and vehicles | 24 | €429 | €2,000 | +€1,571 | +366.5% |
| Current assets | 29/58 | €21,415 | €24,741 | +€3,326 | +15.5% |
| Amounts receivable within one year | 40/41 | €9,432 | €6,394 | -€3,038 | -32.2% |
| Trade receivables | 40 | €9,432 | €6,394 | -€3,038 | -32.2% |
| Current investments | 50/53 | €1,200 | €3,977 | +€2,777 | +231.4% |
| Cash at bank and in hand | 54/58 | €9,272 | €13,361 | +€4,089 | +44.1% |
| Deferred charges and accrued income | 490/1 | €1,511 | €1,010 | -€502 | -33.2% |
| Total equity and liabilities | 10/49 | €21,844 | €26,741 | +€4,897 | +22.4% |
| Equity | 10/15 | -€3,151 | -€3,016 | +€135 | +4.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,651 | -€3,516 | +€135 | +3.7% |
| Amounts payable | 17/49 | €24,995 | €29,757 | +€4,762 | +19.1% |
| Amounts payable within one year | 42/48 | €24,995 | €29,757 | +€4,762 | +19.1% |
| Trade debts | 44 | €1,162 | €2,994 | +€1,833 | +157.8% |
| Suppliers | 440/4 | €1,162 | €2,994 | +€1,833 | +157.8% |
| Taxes, remuneration and social security | 45 | €11,990 | €2,977 | -€9,012 | -75.2% |
| Taxes | 450/3 | €3,990 | €2,977 | -€1,012 | -25.4% |
| Remuneration and social security | 454/9 | €8,000 | - | -€8,000 | |
| Other amounts payable | 47/48 | €11,844 | €23,786 | +€11,942 | +100.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24 | €722 | +€698 | +2894.2% |
| Other operating charges | 640/8 | €384 | €1,594 | +€1,210 | +314.7% |
| Gross operating margin | 9900 | -€3,230 | €6,005 | +€9,235 | |
| Operating profit (loss) | 9901 | -€3,639 | €3,688 | +€7,327 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €13 | €3,118 | +€3,106 | +24434.5% |
| Recurring financial charges | 65 | €13 | €3,118 | +€3,106 | +24434.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,651 | €578 | +€4,230 | |
| Income taxes | 67/77 | - | €443 | +€443 | |
| Profit (loss) for the period | 9904 | -€3,651 | €135 | +€3,786 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,651 | €135 | +€3,786 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.