EDX MANAGEMENT: 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.
EDX MANAGEMENT
Largest movements
- Receivables within one year -€23,880
down €23,880 (-11.7%), from €204,952 to €181,072
of which Other amounts receivable: -€21,309
- Cash +€15,310
up €15,310 (+43.4%), from €35,299 to €50,609
mainly Other debts (+€78,900) and Net result for the year (+€44,833)
- Tangible fixed assets -€13,665
down €13,665 (-4.7%), from €289,517 to €275,851
of which Land and buildings: -€9,900
- Other debts +€78,900
up €78,900 (+332.2%), from €23,750 to €102,650
- Reserves -€64,385
down €64,385 (-21.4%), from €301,288 to €236,904
of which Distributable reserves: -€64,385
- Debts after one year -€29,228
down €29,228 (-10.0%), from €291,960 to €262,732
- Financial charges +€2,153
up €2,153 (+29.5%), from €7,307 to €9,460
- Other operating charges +€1,481
up €1,481 (+385.1%), from €384 to €1,865
- Taxes -€980
down €980 (-4.2%), from €23,241 to €22,261
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 | €709,199 | €686,964 | -€22,235 | -3.1% |
| Fixed assets | 21/28 | €468,948 | €455,283 | -€13,665 | -2.9% |
| Tangible fixed assets | 22/27 | €289,517 | €275,851 | -€13,665 | -4.7% |
| Land and buildings | 22 | €270,236 | €260,336 | -€9,900 | -3.7% |
| Plant, machinery and equipment | 23 | €1,743 | €1,282 | -€461 | -26.4% |
| Furniture and vehicles | 24 | €17,537 | €14,233 | -€3,304 | -18.8% |
| Financial fixed assets | 28 | €179,432 | €179,432 | = | 0.0% |
| Current assets | 29/58 | €240,251 | €231,681 | -€8,570 | -3.6% |
| Amounts receivable within one year | 40/41 | €204,952 | €181,072 | -€23,880 | -11.7% |
| Trade receivables | 40 | €20,177 | €17,606 | -€2,571 | -12.7% |
| Other amounts receivable | 41 | €184,775 | €163,466 | -€21,309 | -11.5% |
| Cash at bank and in hand | 54/58 | €35,299 | €50,609 | +€15,310 | +43.4% |
| Total equity and liabilities | 10/49 | €709,199 | €686,964 | -€22,235 | -3.1% |
| Equity | 10/15 | €324,553 | €260,169 | -€64,385 | -19.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €301,288 | €236,904 | -€64,385 | -21.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €299,288 | €234,904 | -€64,385 | -21.5% |
| Profit (loss) carried forward | 14 | €3,265 | €3,265 | = | 0.0% |
| Amounts payable | 17/49 | €384,646 | €426,795 | +€42,149 | +11.0% |
| Amounts payable after more than one year | 17 | €291,960 | €262,732 | -€29,228 | -10.0% |
| Financial debts | 170/4 | €291,960 | €262,732 | -€29,228 | -10.0% |
| Amounts payable within one year | 42/48 | €92,686 | €164,064 | +€71,377 | +77.0% |
| Current portion of amounts payable after more than one year | 42 | €41,666 | €42,178 | +€512 | +1.2% |
| Trade debts | 44 | €3,460 | €1,465 | -€1,995 | -57.7% |
| Suppliers | 440/4 | €3,460 | €1,465 | -€1,995 | -57.7% |
| Taxes, remuneration and social security | 45 | €23,810 | €17,771 | -€6,040 | -25.4% |
| Taxes | 450/3 | €21,588 | €15,548 | -€6,040 | -28.0% |
| Remuneration and social security | 454/9 | €2,223 | €2,223 | = | 0.0% |
| Other amounts payable | 47/48 | €23,750 | €102,650 | +€78,900 | +332.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,204 | €13,665 | -€538 | -3.8% |
| Other operating charges | 640/8 | €384 | €1,865 | +€1,481 | +385.1% |
| Non-recurring operating charges | 66A | €2,471 | €2,571 | +€100 | +4.1% |
| Gross operating margin | 9900 | €84,876 | €84,273 | -€603 | -0.7% |
| Operating profit (loss) | 9901 | €67,817 | €66,172 | -€1,645 | -2.4% |
| Financial income | 75/76B | €10,394 | €10,383 | -€11 | -0.1% |
| Recurring financial income | 75 | €10,394 | €10,383 | -€11 | -0.1% |
| Financial charges | 65/66B | €7,307 | €9,460 | +€2,153 | +29.5% |
| Recurring financial charges | 65 | €7,307 | €9,460 | +€2,153 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €70,904 | €67,094 | -€3,810 | -5.4% |
| Income taxes | 67/77 | €23,241 | €22,261 | -€980 | -4.2% |
| Profit (loss) for the period | 9904 | €47,663 | €44,833 | -€2,830 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,663 | €44,833 | -€2,830 | -5.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.