Edville Project: 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.
Edville Project
Largest movements
- Receivables within one year +€60,971
up €60,971 (+161%), from €37,882 to €98,853
of which Trade receivables: +€58,081
- Cash -€3,954
down €3,954 (-82.2%), from €4,811 to €857
mainly Receivables within one year (-€60,971) and Investment in fixed assets (net) (-€4,244)
- Tangible fixed assets +€2,499
up €2,499 (+105%), from €2,379 to €4,878
of which Plant, machinery and equipment: +€3,665
- Reserves +€31,008
up €31,008 (+187%), from €16,582 to €47,590
- Debts after one year +€16,721
up €16,721 (+37.4%), from €44,667 to €61,388
- Tax, wage and social debts +€10,942
up €10,942 (+359%), from €3,052 to €13,994
of which Taxes: +€10,942
- Gross operating margin +€40,223
up €40,223 (+985%), from €4,083 to €44,307
- Taxes +€10,942
up €10,942 (+1,984%), from €552 to €11,494
- Financial charges -€449
down €449, from €306 to -€142
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 | €70,072 | €129,587 | +€59,515 | +84.9% |
| Fixed assets | 21/28 | €2,379 | €4,878 | +€2,499 | +105% |
| Tangible fixed assets | 22/27 | €2,379 | €4,878 | +€2,499 | +105% |
| Land and buildings | 22 | €1,166 | €0 | -€1,166 | -100% |
| Plant, machinery and equipment | 23 | €1,213 | €4,878 | +€3,665 | +302% |
| Current assets | 29/58 | €67,693 | €124,710 | +€57,016 | +84.2% |
| Stocks and contracts in progress | 3 | €25,000 | €25,000 | = | 0.0% |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,882 | €98,853 | +€60,971 | +161% |
| Trade receivables | 40 | €37,654 | €95,735 | +€58,081 | +154% |
| Other amounts receivable | 41 | €229 | €3,118 | +€2,889 | +1,264% |
| Cash at bank and in hand | 54/58 | €4,811 | €857 | -€3,954 | -82.2% |
| Total equity and liabilities | 10/49 | €70,072 | €129,587 | +€59,515 | +84.9% |
| Equity | 10/15 | €21,582 | €52,590 | +€31,008 | +144% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,582 | €47,590 | +€31,008 | +187% |
| Distributable reserves | 133 | €16,582 | €47,590 | +€31,008 | +187% |
| Amounts payable | 17/49 | €48,490 | €76,997 | +€28,507 | +58.8% |
| Amounts payable after more than one year | 17 | €44,667 | €61,388 | +€16,721 | +37.4% |
| Other amounts payable | 178/9 | €44,667 | €61,388 | +€16,721 | +37.4% |
| Amounts payable within one year | 42/48 | €3,598 | €15,610 | +€12,012 | +334% |
| Trade debts | 44 | €546 | €1,616 | +€1,070 | +196% |
| Suppliers | 440/4 | €546 | €1,616 | +€1,070 | +196% |
| Taxes, remuneration and social security | 45 | €3,052 | €13,994 | +€10,942 | +359% |
| Taxes | 450/3 | €552 | €11,494 | +€10,942 | +1,984% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €225 | €0 | -€225 | -100% |
| Remuneration, social security and pensions | 62 | - | €46 | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,473 | €1,745 | +€272 | +18.5% |
| Other operating charges | 640/8 | €207 | €216 | +€9 | +4.3% |
| Gross operating margin | 9900 | €4,083 | €44,307 | +€40,223 | +985% |
| Operating profit (loss) | 9901 | €2,404 | €42,300 | +€39,897 | +1,660% |
| Financial income | 75/76B | €136 | €59 | -€76 | -56.3% |
| Recurring financial income | 75 | €136 | €59 | -€76 | -56.3% |
| Financial charges | 65/66B | €306 | -€142 | -€449 | |
| Recurring financial charges | 65 | €306 | -€142 | -€449 | |
| Profit (loss) for the period before taxes | 9903 | €2,233 | €42,502 | +€40,269 | +1,803% |
| Income taxes | 67/77 | €552 | €11,494 | +€10,942 | +1,984% |
| Profit (loss) for the period | 9904 | €1,681 | €31,008 | +€29,326 | +1,744% |
| Profit (loss) for the period to be appropriated | 9905 | €1,681 | €31,008 | +€29,326 | +1,744% |
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 23 October 2026 via checked.be.