EDMB: 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.
EDMB
Largest movements
- Cash +€86,411
up €86,411 (+20.3%), from €425,822 to €512,233
mainly Net result for the year (+€66,016) and Receivables within one year (+€16,712)
- Receivables within one year -€16,712
down €16,712 (-61.2%), from €27,296 to €10,584
of which Trade receivables: -€16,698
- Reserves +€66,016
up €66,016 (+15.0%), from €440,902 to €506,919
of which Distributable reserves: +€66,016
- Gross operating margin +€74,118
up €74,118 (+265%), from €27,974 to €102,092
- Taxes +€23,409
up €23,409 (+295%), from €7,925 to €31,335
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 | €462,124 | €530,259 | +€68,136 | +14.7% |
| Fixed assets | 21/28 | €7,875 | €6,373 | -€1,502 | -19.1% |
| Tangible fixed assets | 22/27 | €7,875 | €6,373 | -€1,502 | -19.1% |
| Plant, machinery and equipment | 23 | €2,643 | €2,191 | -€452 | -17.1% |
| Furniture and vehicles | 24 | €5,232 | €4,182 | -€1,050 | -20.1% |
| Current assets | 29/58 | €454,249 | €523,886 | +€69,637 | +15.3% |
| Amounts receivable within one year | 40/41 | €27,296 | €10,584 | -€16,712 | -61.2% |
| Trade receivables | 40 | €27,152 | €10,454 | -€16,698 | -61.5% |
| Other amounts receivable | 41 | €143 | €130 | -€14 | -9.7% |
| Cash at bank and in hand | 54/58 | €425,822 | €512,233 | +€86,411 | +20.3% |
| Deferred charges and accrued income | 490/1 | €1,131 | €1,069 | -€62 | -5.5% |
| Total equity and liabilities | 10/49 | €462,124 | €530,259 | +€68,136 | +14.7% |
| Equity | 10/15 | €447,602 | €513,619 | +€66,016 | +14.7% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €440,902 | €506,919 | +€66,016 | +15.0% |
| 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 | €438,902 | €504,919 | +€66,016 | +15.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €14,522 | €16,641 | +€2,119 | +14.6% |
| Amounts payable within one year | 42/48 | €14,272 | €16,384 | +€2,112 | +14.8% |
| Trade debts | 44 | €526 | €975 | +€449 | +85.2% |
| Suppliers | 440/4 | €526 | €975 | +€449 | +85.2% |
| Taxes, remuneration and social security | 45 | €3,926 | €7,779 | +€3,852 | +98.1% |
| Taxes | 450/3 | €3,926 | €7,779 | +€3,852 | +98.1% |
| Other amounts payable | 47/48 | €9,819 | €7,630 | -€2,189 | -22.3% |
| Accrued charges and deferred income | 492/3 | €250 | €257 | +€7 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,412 | €3,465 | +€54 | +1.6% |
| Other operating charges | 640/8 | €1,091 | €1,204 | +€114 | +10.4% |
| Gross operating margin | 9900 | €27,974 | €102,092 | +€74,118 | +265% |
| Operating profit (loss) | 9901 | €23,472 | €97,423 | +€73,951 | +315% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €61 | €72 | +€11 | +17.9% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €23,411 | €97,351 | +€73,940 | +316% |
| Income taxes | 67/77 | €7,925 | €31,335 | +€23,409 | +295% |
| Profit (loss) for the period | 9904 | €15,486 | €66,016 | +€50,531 | +326% |
| Profit (loss) for the period to be appropriated | 9905 | €15,486 | €66,016 | +€50,531 | +326% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.