Euro Delivery Express: what changed
Euro Delivery Express
Largest movements
- Receivables within one year +€37,350
up €37,350 (+180%), from €20,786 to €58,136
of which Trade receivables: +€41,512
- Cash -€16,120
down €16,120 (-40.9%), from €39,422 to €23,302
mainly Receivables within one year (-€37,350) and Other debts (-€7,651)
- Stocks and contracts -€13,145
down €13,145 (-9.7%), from €135,792 to €122,647
- Trade debts +€8,892
up €8,892 (+643%), from €1,382 to €10,275
- Other debts -€7,651
down €7,651 (-9.8%), from €78,408 to €70,756
- Tax, wage and social debts +€5,065
new in 2025: €5,065
of which Taxes: +€4,825
- Gross operating margin +€10,018
up €10,018, from -€3,070 to €6,948
- Staff costs +€2,321
new in 2025: €2,321
- Taxes +€1,028
new in 2025: €1,028
- Other operating charges -€359
down €359 (-17.8%), from €2,017 to €1,657
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,864 | €209,927 | +€8,062 | +4.0% |
| Fixed assets | 21/28 | €3,500 | €3,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,601 | €1,601 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,222 | €1,222 | = | 0.0% |
| Furniture and vehicles | 24 | €380 | €380 | = | 0.0% |
| Financial fixed assets | 28 | €1,899 | €1,899 | = | 0.0% |
| Current assets | 29/58 | €198,364 | €206,427 | +€8,062 | +4.1% |
| Stocks and contracts in progress | 3 | €135,792 | €122,647 | -€13,145 | -9.7% |
| Stocks | 30/36 | €135,792 | €122,647 | -€13,145 | -9.7% |
| Amounts receivable within one year | 40/41 | €20,786 | €58,136 | +€37,350 | +180% |
| Trade receivables | 40 | €16,399 | €57,911 | +€41,512 | +253% |
| Other amounts receivable | 41 | €4,387 | €225 | -€4,162 | -94.9% |
| Cash at bank and in hand | 54/58 | €39,422 | €23,302 | -€16,120 | -40.9% |
| Deferred charges and accrued income | 490/1 | €2,364 | €2,342 | -€23 | -1.0% |
| Total equity and liabilities | 10/49 | €201,864 | €209,927 | +€8,062 | +4.0% |
| Equity | 10/15 | €122,074 | €123,831 | +€1,757 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,040 | €52,040 | = | 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 | €50,180 | €50,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,835 | €65,592 | +€1,757 | +2.8% |
| Amounts payable | 17/49 | €79,790 | €86,096 | +€6,306 | +7.9% |
| Amounts payable within one year | 42/48 | €79,790 | €86,096 | +€6,306 | +7.9% |
| Trade debts | 44 | €1,382 | €10,275 | +€8,892 | +643% |
| Suppliers | 440/4 | €1,382 | €10,275 | +€8,892 | +643% |
| Taxes, remuneration and social security | 45 | - | €5,065 | +€5,065 | |
| Taxes | 450/3 | - | €4,825 | +€4,825 | |
| Remuneration and social security | 454/9 | - | €240 | +€240 | |
| Other amounts payable | 47/48 | €78,408 | €70,756 | -€7,651 | -9.8% |
| Remuneration, social security and pensions | 62 | - | €2,321 | +€2,321 | |
| Other operating charges | 640/8 | €2,017 | €1,657 | -€359 | -17.8% |
| Gross operating margin | 9900 | -€3,070 | €6,948 | +€10,018 | |
| Operating profit (loss) | 9901 | -€5,087 | €2,970 | +€8,057 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €171 | €185 | +€14 | +8.3% |
| Recurring financial charges | 65 | €171 | €185 | +€14 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,258 | €2,785 | +€8,042 | |
| Income taxes | 67/77 | - | €1,028 | +€1,028 | |
| Profit (loss) for the period | 9904 | -€5,258 | €1,757 | +€7,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,258 | €1,757 | +€7,015 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.