EL. EDV: 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.
EL. EDV
Largest movements
- Cash +€18,803
up €18,803 (+29.5%), from €63,746 to €82,548
mainly Net result for the year (+€29,964) and Depreciation (+€6,718)
- Receivables within one year +€6,718
up €6,718 (+92.0%), from €7,298 to €14,016
of which Trade receivables: +€6,210
- Tangible fixed assets -€4,406
down €4,406 (-3.1%), from €140,710 to €136,304
of which Land and buildings: -€4,759
- Profit (loss) carried forward +€25,964
up €25,964, from -€2,530 to €23,434
- Other debts -€3,173
down €3,173 (-1.8%), from €176,904 to €173,730
- Trade debts -€2,920
down €2,920 (-90.6%), from €3,222 to €302
- Gross operating margin +€28,590
up €28,590 (+285.8%), from €10,004 to €38,593
- Taxes -€6,060
down €6,060, from €5,466 to -€594
- Depreciation -€2,865
down €2,865 (-29.9%), from €9,584 to €6,718
- Other operating charges +€610
up €610 (+32.9%), from €1,851 to €2,461
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 | €213,400 | €234,403 | +€21,003 | +9.8% |
| Fixed assets | 21/28 | €140,710 | €136,304 | -€4,406 | -3.1% |
| Tangible fixed assets | 22/27 | €140,710 | €136,304 | -€4,406 | -3.1% |
| Land and buildings | 22 | €135,416 | €130,657 | -€4,759 | -3.5% |
| Furniture and vehicles | 24 | €5,293 | €5,647 | +€353 | +6.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €72,690 | €98,099 | +€25,409 | +35.0% |
| Amounts receivable within one year | 40/41 | €7,298 | €14,016 | +€6,718 | +92.0% |
| Trade receivables | 40 | €7,260 | €13,470 | +€6,210 | +85.5% |
| Other amounts receivable | 41 | €38 | €546 | +€508 | +1321.3% |
| Cash at bank and in hand | 54/58 | €63,746 | €82,548 | +€18,803 | +29.5% |
| Deferred charges and accrued income | 490/1 | €1,646 | €1,535 | -€111 | -6.8% |
| Total equity and liabilities | 10/49 | €213,400 | €234,403 | +€21,003 | +9.8% |
| Equity | 10/15 | €29,470 | €55,434 | +€25,964 | +88.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| 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 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,530 | €23,434 | +€25,964 | |
| Amounts payable | 17/49 | €183,930 | €178,970 | -€4,960 | -2.7% |
| Amounts payable within one year | 42/48 | €183,930 | €178,970 | -€4,960 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,222 | €302 | -€2,920 | -90.6% |
| Suppliers | 440/4 | €3,222 | €302 | -€2,920 | -90.6% |
| Taxes, remuneration and social security | 45 | €3,804 | €4,937 | +€1,133 | +29.8% |
| Taxes | 450/3 | €3,804 | €4,937 | +€1,133 | +29.8% |
| Other amounts payable | 47/48 | €176,904 | €173,730 | -€3,173 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,584 | €6,718 | -€2,865 | -29.9% |
| Other operating charges | 640/8 | €1,851 | €2,461 | +€610 | +32.9% |
| Gross operating margin | 9900 | €10,004 | €38,593 | +€28,590 | +285.8% |
| Operating profit (loss) | 9901 | -€1,431 | €29,414 | +€30,845 | |
| Financial income | 75/76B | €1 | €3 | +€2 | +164.8% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +164.8% |
| Financial charges | 65/66B | €306 | €47 | -€259 | -84.6% |
| Recurring financial charges | 65 | €306 | €47 | -€259 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,736 | €29,370 | +€31,106 | |
| Income taxes | 67/77 | €5,466 | -€594 | -€6,060 | |
| Profit (loss) for the period | 9904 | -€7,202 | €29,964 | +€37,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,202 | €29,964 | +€37,166 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.