EDG: what changed
What changed
EDG
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€29,267
2024 · €41,586-€70,853
Equity
€183,712
2024 · €212,979-€29,267
Cash
€9,345
2024 · €106,170-€96,826
Balance sheet total
€330,279
2024 · €483,179-€152,899
Largest movements
Assets
- Cash -€96,826
down €96,826 (-91.2%), from €106,170 to €9,345
mainly Other debts (-€69,890) and Tax, wage and social debts (-€37,450)
- Receivables within one year -€47,177
down €47,177 (-95.0%), from €49,659 to €2,482
of which Trade receivables: -€42,178
- Tangible fixed assets -€22,291
down €22,291 (-9.2%), from €241,424 to €219,134
of which Land and buildings: -€21,050
- Stocks and contracts +€12,324
up €12,324 (+14.6%), from €84,335 to €96,660
Equity and liabilities
- Other debts -€69,890
down €69,890 (-100%), from €69,890 to €0
- Tax, wage and social debts -€37,450
down €37,450 (-91.2%), from €41,083 to €3,634
- Profit (loss) carried forward -€29,267
new in 2025: -€29,267
- Debts after one year -€22,907
down €22,907 (-17.0%), from €134,389 to €111,482
- Advances received +€7,081
new in 2025: €7,081
Income statement
- Gross operating margin -€89,326
down €89,326 (-95.4%), from €93,602 to €4,276
- Taxes -€21,381
down €21,381 (-99.3%), from €21,521 to €140
- Financial charges +€2,668
up €2,668 (+46.1%), from €5,785 to €8,453
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.
Result 2024
€41,586
Gross operating margin
-€89,326
Depreciation
-€50
Other operating charges
-€202
Financial income
+€13
Financial charges
-€2,668
Taxes
+€21,381
Result 2025
-€29,267
raises the resultlowers the result
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.
From operations
-€73,604
Investment
€0
Financing
-€23,222
Cash 2024
€106,170
From operations (derived)
-€73,604
Net result for the year
-€29,267
Depreciation
+€22,291
Stocks and contracts
-€12,324
Receivables within one year
+€47,177
Deferred charges and accrued income
-€1,069
Trade debts
-€152
Tax, wage and social debts
-€37,450
Advances received
+€7,081
Other debts
-€69,890
Financing
-€23,222
Debts after one year
-€22,907
Current portion of long-term debt
-€314
Cash 2025
€9,345
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €483,179 | €330,279 | -€152,899 | -31.6% |
| Fixed assets | 21/28 | €241,787 | €219,497 | -€22,291 | -9.2% |
| Tangible fixed assets | 22/27 | €241,424 | €219,134 | -€22,291 | -9.2% |
| Land and buildings | 22 | €236,813 | €215,763 | -€21,050 | -8.9% |
| Furniture and vehicles | 24 | €4,612 | €3,371 | -€1,241 | -26.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €241,391 | €110,782 | -€130,609 | -54.1% |
| Stocks and contracts in progress | 3 | €84,335 | €96,660 | +€12,324 | +14.6% |
| Stocks | 30/36 | €84,335 | €96,660 | +€12,324 | +14.6% |
| Amounts receivable within one year | 40/41 | €49,659 | €2,482 | -€47,177 | -95.0% |
| Trade receivables | 40 | €44,355 | €2,176 | -€42,178 | -95.1% |
| Other amounts receivable | 41 | €5,304 | €305 | -€4,999 | -94.2% |
| Cash at bank and in hand | 54/58 | €106,170 | €9,345 | -€96,826 | -91.2% |
| Deferred charges and accrued income | 490/1 | €1,227 | €2,296 | +€1,069 | +87.2% |
| Total equity and liabilities | 10/49 | €483,179 | €330,279 | -€152,899 | -31.6% |
| Equity | 10/15 | €212,979 | €183,712 | -€29,267 | -13.7% |
| Contributions | 10/11 | €69,000 | €69,000 | = | 0.0% |
| Reserves | 13 | €143,979 | €143,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,163 | €2,163 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,163 | €2,163 | = | 0.0% |
| Tax-exempt reserves | 132 | €717 | €717 | = | 0.0% |
| Distributable reserves | 133 | €141,098 | €141,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,267 | -€29,267 | |
| Amounts payable | 17/49 | €270,200 | €146,568 | -€123,632 | -45.8% |
| Amounts payable after more than one year | 17 | €134,389 | €111,482 | -€22,907 | -17.0% |
| Financial debts | 170/4 | €134,389 | €111,482 | -€22,907 | -17.0% |
| Amounts payable within one year | 42/48 | €135,811 | €35,086 | -€100,725 | -74.2% |
| Current portion of amounts payable after more than one year | 42 | €24,462 | €24,147 | -€314 | -1.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €376 | €224 | -€152 | -40.3% |
| Suppliers | 440/4 | €376 | €224 | -€152 | -40.3% |
| Advances received on contracts in progress | 46 | - | €7,081 | +€7,081 | |
| Taxes, remuneration and social security | 45 | €41,083 | €3,634 | -€37,450 | -91.2% |
| Taxes | 450/3 | €41,083 | €3,634 | -€37,450 | -91.2% |
| Other amounts payable | 47/48 | €69,890 | €0 | -€69,890 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,241 | €22,291 | +€50 | +0.2% |
| Other operating charges | 640/8 | €2,470 | €2,672 | +€202 | +8.2% |
| Gross operating margin | 9900 | €93,602 | €4,276 | -€89,326 | -95.4% |
| Operating profit (loss) | 9901 | €68,892 | -€20,687 | -€89,578 | |
| Financial income | 75/76B | €1 | €13 | +€13 | +2,532% |
| Recurring financial income | 75 | €1 | €13 | +€13 | +2,532% |
| Financial charges | 65/66B | €5,785 | €8,453 | +€2,668 | +46.1% |
| Recurring financial charges | 65 | €5,785 | €8,453 | +€2,668 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €63,107 | -€29,127 | -€92,234 | |
| Income taxes | 67/77 | €21,521 | €140 | -€21,381 | -99.3% |
| Profit (loss) for the period | 9904 | €41,586 | -€29,267 | -€70,853 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,586 | -€29,267 | -€70,853 |
Next steps
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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.