EDWARD DICE: 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.
EDWARD DICE
Largest movements
- Cash -€448,503
down €448,503 (-41.3%), from €1.1m to €636,577
mainly Contributions, distributions and other (-€706,504) and Other debts (-€474,566)
- Other debts -€474,566
down €474,566 (-42.9%), from €1.1m to €632,653
- Tax, wage and social debts +€24,753
up €24,753 (+50.2%), from €49,309 to €74,061
- Gross operating margin -€46,861
down €46,861 (-4.7%), from €994,808 to €947,946
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,195,315 | €745,555 | -€449,760 | -37.6% |
| Current assets | 29/58 | €1,195,315 | €745,555 | -€449,760 | -37.6% |
| Amounts receivable within one year | 40/41 | €108,985 | €108,900 | -€85 | -0.1% |
| Trade receivables | 40 | €108,900 | €108,900 | = | 0.0% |
| Other amounts receivable | 41 | €85 | €0 | -€85 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,085,081 | €636,577 | -€448,503 | -41.3% |
| Deferred charges and accrued income | 490/1 | €1,249 | €77 | -€1,172 | -93.8% |
| Total equity and liabilities | 10/49 | €1,195,315 | €745,555 | -€449,760 | -37.6% |
| Equity | 10/15 | €38,617 | €38,617 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,617 | €33,617 | = | 0.0% |
| Distributable reserves | 133 | €33,617 | €33,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,156,698 | €706,938 | -€449,760 | -38.9% |
| Amounts payable within one year | 42/48 | €1,156,698 | €706,938 | -€449,760 | -38.9% |
| Trade debts | 44 | €170 | €223 | +€53 | +31.0% |
| Suppliers | 440/4 | €170 | €223 | +€53 | +31.0% |
| Taxes, remuneration and social security | 45 | €49,309 | €74,061 | +€24,753 | +50.2% |
| Taxes | 450/3 | €49,309 | €74,061 | +€24,753 | +50.2% |
| Other amounts payable | 47/48 | €1,107,219 | €632,653 | -€474,566 | -42.9% |
| Other operating charges | 640/8 | €3,601 | €1,089 | -€2,511 | -69.7% |
| Non-recurring operating charges | 66A | €4,539 | €0 | -€4,539 | -100.0% |
| Gross operating margin | 9900 | €994,808 | €947,946 | -€46,861 | -4.7% |
| Operating profit (loss) | 9901 | €986,667 | €946,857 | -€39,810 | -4.0% |
| Financial charges | 65/66B | €123 | €95 | -€28 | -22.4% |
| Recurring financial charges | 65 | €123 | €95 | -€28 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €986,545 | €946,762 | -€39,783 | -4.0% |
| Income taxes | 67/77 | €244,634 | €240,258 | -€4,376 | -1.8% |
| Profit (loss) for the period | 9904 | €741,911 | €706,504 | -€35,407 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €741,911 | €706,504 | -€35,407 | -4.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.