EEDI: 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.
EEDI
Largest movements
- Tangible fixed assets +€17,081
up €17,081 (+271.0%), from €6,303 to €23,384
of which Furniture and vehicles: +€18,240
- Cash +€13,815
up €13,815 (+25.9%), from €53,248 to €67,063
mainly Net result for the year (+€40,348) and Depreciation (+€3,467)
- Reserves +€40,348
up €40,348 (+65.7%), from €61,414 to €101,762
- Tax, wage and social debts -€6,105
down €6,105 (-66.0%), from €9,249 to €3,144
- Trade debts -€4,077
down €4,077 (-90.2%), from €4,520 to €443
- Gross operating margin +€22,708
up €22,708 (+61.1%), from €37,188 to €59,896
- Taxes +€3,859
up €3,859 (+33.1%), from €11,643 to €15,501
- Other operating charges +€859
up €859 (+766.7%), from €112 to €971
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 | €80,183 | €110,349 | +€30,166 | +37.6% |
| Fixed assets | 21/28 | €6,303 | €23,384 | +€17,081 | +271.0% |
| Tangible fixed assets | 22/27 | €6,303 | €23,384 | +€17,081 | +271.0% |
| Plant, machinery and equipment | 23 | €1,804 | €645 | -€1,160 | -64.3% |
| Furniture and vehicles | 24 | €4,499 | €22,739 | +€18,240 | +405.4% |
| Current assets | 29/58 | €73,880 | €86,965 | +€13,086 | +17.7% |
| Amounts receivable within one year | 40/41 | €20,632 | €19,903 | -€730 | -3.5% |
| Trade receivables | 40 | €8,811 | €7,583 | -€1,227 | -13.9% |
| Other amounts receivable | 41 | €11,822 | €12,320 | +€498 | +4.2% |
| Cash at bank and in hand | 54/58 | €53,248 | €67,063 | +€13,815 | +25.9% |
| Total equity and liabilities | 10/49 | €80,183 | €110,349 | +€30,166 | +37.6% |
| Equity | 10/15 | €66,414 | €106,762 | +€40,348 | +60.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €61,414 | €101,762 | +€40,348 | +65.7% |
| Distributable reserves | 133 | €61,414 | €101,762 | +€40,348 | +65.7% |
| Amounts payable | 17/49 | €13,769 | €3,587 | -€10,181 | -73.9% |
| Amounts payable within one year | 42/48 | €13,769 | €3,587 | -€10,181 | -73.9% |
| Trade debts | 44 | €4,520 | €443 | -€4,077 | -90.2% |
| Suppliers | 440/4 | €4,520 | €443 | -€4,077 | -90.2% |
| Taxes, remuneration and social security | 45 | €9,249 | €3,144 | -€6,105 | -66.0% |
| Taxes | 450/3 | €9,249 | €3,144 | -€6,105 | -66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,012 | €3,467 | +€455 | +15.1% |
| Other operating charges | 640/8 | €112 | €971 | +€859 | +766.7% |
| Gross operating margin | 9900 | €37,188 | €59,896 | +€22,708 | +61.1% |
| Operating profit (loss) | 9901 | €34,065 | €55,459 | +€21,394 | +62.8% |
| Financial income | 75/76B | €661 | €670 | +€9 | +1.3% |
| Recurring financial income | 75 | €661 | €670 | +€9 | +1.3% |
| Financial charges | 65/66B | €138 | €280 | +€142 | +103.3% |
| Recurring financial charges | 65 | €138 | €280 | +€142 | +103.3% |
| Profit (loss) for the period before taxes | 9903 | €34,588 | €55,849 | +€21,261 | +61.5% |
| Income taxes | 67/77 | €11,643 | €15,501 | +€3,859 | +33.1% |
| Profit (loss) for the period | 9904 | €22,946 | €40,348 | +€17,402 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,946 | €40,348 | +€17,402 | +75.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.