EdXan: 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.
EdXan
Largest movements
- Receivables within one year -€10,455
down €10,455 (-38.2%), from €27,367 to €16,912
of which Other amounts receivable: -€8,000
- Stocks and contracts +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Cash -€4,024
down €4,024 (-51.4%), from €7,836 to €3,812
mainly Net result for the year (-€9,097) and Investment in fixed assets (net) (-€5,085)
- Profit (loss) carried forward -€9,097
down €9,097 (-54.0%), from -€16,831 to -€25,927
- Tax, wage and social debts -€5,010
down €5,010 (-25.7%), from €19,525 to €14,515
of which Remuneration and social security: -€4,745
- Trade debts +€3,049
up €3,049 (+18.5%), from €16,454 to €19,503
- Short-term financial debts +€1,635
up €1,635 (+207%), from €790 to €2,425
- Staff costs +€10,538
up €10,538 (+14.6%), from €72,221 to €82,759
- Other operating charges -€882
down €882 (-22.8%), from €3,861 to €2,979
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.
Derived cash bridge
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 | €66,708 | €57,041 | -€9,667 | -14.5% |
| Fixed assets | 21/28 | €21,504 | €21,317 | -€188 | -0.9% |
| Intangible fixed assets | 21 | €250 | - | -€250 | |
| Tangible fixed assets | 22/27 | €20,473 | €20,593 | +€119 | +0.6% |
| Land and buildings | 22 | €3,954 | €8,334 | +€4,380 | +111% |
| Plant, machinery and equipment | 23 | €15,672 | €11,411 | -€4,261 | -27.2% |
| Furniture and vehicles | 24 | €847 | €847 | = | 0.0% |
| Financial fixed assets | 28 | €781 | €724 | -€57 | -7.3% |
| Current assets | 29/58 | €45,203 | €35,724 | -€9,479 | -21.0% |
| Stocks and contracts in progress | 3 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Stocks | 30/36 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €27,367 | €16,912 | -€10,455 | -38.2% |
| Trade receivables | 40 | €17,540 | €15,085 | -€2,455 | -14.0% |
| Other amounts receivable | 41 | €9,827 | €1,827 | -€8,000 | -81.4% |
| Cash at bank and in hand | 54/58 | €7,836 | €3,812 | -€4,024 | -51.4% |
| Total equity and liabilities | 10/49 | €66,708 | €57,041 | -€9,667 | -14.5% |
| Equity | 10/15 | €24,298 | €15,201 | -€9,097 | -37.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,929 | €34,929 | = | 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 | €33,069 | €33,069 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,831 | -€25,927 | -€9,097 | -54.0% |
| Amounts payable | 17/49 | €42,410 | €41,839 | -€570 | -1.3% |
| Amounts payable within one year | 42/48 | €42,410 | €41,839 | -€570 | -1.3% |
| Financial debts | 43 | €790 | €2,425 | +€1,635 | +207% |
| Credit institutions | 430/8 | €790 | €2,425 | +€1,635 | +207% |
| Trade debts | 44 | €16,454 | €19,503 | +€3,049 | +18.5% |
| Suppliers | 440/4 | €16,454 | €19,503 | +€3,049 | +18.5% |
| Advances received on contracts in progress | 46 | €244 | - | -€244 | |
| Taxes, remuneration and social security | 45 | €19,525 | €14,515 | -€5,010 | -25.7% |
| Taxes | 450/3 | €5,823 | €5,558 | -€265 | -4.6% |
| Remuneration and social security | 454/9 | €13,702 | €8,957 | -€4,745 | -34.6% |
| Other amounts payable | 47/48 | €5,397 | €5,397 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €72,221 | €82,759 | +€10,538 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,936 | €5,273 | -€663 | -11.2% |
| Other operating charges | 640/8 | €3,861 | €2,979 | -€882 | -22.8% |
| Gross operating margin | 9900 | €87,594 | €87,010 | -€584 | -0.7% |
| Operating profit (loss) | 9901 | €5,575 | -€4,002 | -€9,577 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -55.2% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -55.2% |
| Financial charges | 65/66B | €5,298 | €5,004 | -€294 | -5.5% |
| Recurring financial charges | 65 | €5,298 | €5,004 | -€294 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €279 | -€9,005 | -€9,284 | |
| Income taxes | 67/77 | €125 | €91 | -€34 | -27.0% |
| Profit (loss) for the period | 9904 | €154 | -€9,097 | -€9,251 | |
| Profit (loss) for the period to be appropriated | 9905 | €154 | -€9,097 | -€9,251 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.