PROJETS EDMOND: 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.
PROJETS EDMOND
Largest movements
- Receivables within one year +€99,661
up €99,661 (+11.9%), from €837,036 to €936,696
of which Trade receivables: +€94,386
- Reserves +€142,000
up €142,000 (+22.9%), from €620,000 to €762,000
- Tax, wage and social debts -€38,796
down €38,796 (-43.5%), from €89,221 to €50,425
- Trade debts -€13,757
down €13,757 (-68.4%), from €20,111 to €6,354
- Gross operating margin +€40,979
up €40,979 (+28.1%), from €145,831 to €186,810
- Taxes +€8,425
up €8,425 (+24.6%), from €34,208 to €42,633
- Depreciation +€2,127
new in 2025: €2,127
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 | €888,911 | €985,554 | +€96,643 | +10.9% |
| Fixed assets | 21/28 | - | €5,446 | +€5,446 | |
| Tangible fixed assets | 22/27 | - | €5,446 | +€5,446 | |
| Furniture and vehicles | 24 | - | €5,446 | +€5,446 | |
| Current assets | 29/58 | €888,911 | €980,108 | +€91,197 | +10.3% |
| Amounts receivable within one year | 40/41 | €837,036 | €936,696 | +€99,661 | +11.9% |
| Trade receivables | 40 | €791,390 | €885,775 | +€94,386 | +11.9% |
| Other amounts receivable | 41 | €45,646 | €50,921 | +€5,275 | +11.6% |
| Cash at bank and in hand | 54/58 | €51,875 | €43,411 | -€8,464 | -16.3% |
| Total equity and liabilities | 10/49 | €888,911 | €985,554 | +€96,643 | +10.9% |
| Equity | 10/15 | €625,736 | €767,035 | +€141,298 | +22.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €620,000 | €762,000 | +€142,000 | +22.9% |
| Distributable reserves | 133 | €620,000 | €762,000 | +€142,000 | +22.9% |
| Profit (loss) carried forward | 14 | €736 | €35 | -€702 | -95.3% |
| Amounts payable | 17/49 | €263,175 | €218,519 | -€44,655 | -17.0% |
| Amounts payable within one year | 42/48 | €263,175 | €218,519 | -€44,655 | -17.0% |
| Trade debts | 44 | €20,111 | €6,354 | -€13,757 | -68.4% |
| Suppliers | 440/4 | €20,111 | €6,354 | -€13,757 | -68.4% |
| Taxes, remuneration and social security | 45 | €89,221 | €50,425 | -€38,796 | -43.5% |
| Taxes | 450/3 | €89,221 | €50,425 | -€38,796 | -43.5% |
| Other amounts payable | 47/48 | €153,843 | €161,741 | +€7,898 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,127 | +€2,127 | |
| Other operating charges | 640/8 | €737 | €600 | -€138 | -18.7% |
| Gross operating margin | 9900 | €145,831 | €186,810 | +€40,979 | +28.1% |
| Operating profit (loss) | 9901 | €145,094 | €184,084 | +€38,990 | +26.9% |
| Financial charges | 65/66B | €402 | €152 | -€249 | -62.1% |
| Recurring financial charges | 65 | €402 | €152 | -€249 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €144,693 | €183,932 | +€39,239 | +27.1% |
| Income taxes | 67/77 | €34,208 | €42,633 | +€8,425 | +24.6% |
| Profit (loss) for the period | 9904 | €110,484 | €141,298 | +€30,814 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €110,484 | €141,298 | +€30,814 | +27.9% |
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 20 October 2026 via checked.be.