EDLEX: 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.
EDLEX
Largest movements
- Cash +€20,478
up €20,478 (+230%), from €8,904 to €29,382
mainly Other debts (+€24,885) and Net result for the year (+€13,414)
- Tangible fixed assets +€19,658
up €19,658 (+1,856%), from €1,059 to €20,717
- Intangible fixed assets -€3,333
down €3,333 (-58.6%), from €5,689 to €2,356
- Receivables within one year -€2,014
no longer reported in 2025 (was €2,014)
of which Trade receivables: -€2,014
- Deferred charges and accrued income -€594
down €594 (-61.0%), from €973 to €379
- Other debts +€24,885
up €24,885 (+530%), from €4,693 to €29,578
- Profit (loss) carried forward +€8,414
up €8,414 (+13,795%), from €61 to €8,475
- Tax, wage and social debts +€3,759
up €3,759 (+80.0%), from €4,700 to €8,459
of which Remuneration and social security: +€2,386
- Trade debts -€2,862
down €2,862 (-68.4%), from €4,185 to €1,323
of which Bills of exchange payable: -€2,012
- Turnover +€69,877
new in 2025: €69,877
- Purchases and services +€47,530
new in 2025: €47,530
- Gross operating margin +€28,433
up €28,433 (+14,323%), from €199 to €28,632
- Depreciation +€3,492
up €3,492 (+77.7%), from €4,492 to €7,984
- Taxes +€2,663
up €2,663 (+311%), from €856 to €3,519
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 | €18,639 | €52,834 | +€34,195 | +183% |
| Fixed assets | 21/28 | €6,748 | €23,072 | +€16,325 | +242% |
| Intangible fixed assets | 21 | €5,689 | €2,356 | -€3,333 | -58.6% |
| Tangible fixed assets | 22/27 | €1,059 | €20,717 | +€19,658 | +1,856% |
| Furniture and vehicles | 24 | €1,059 | €20,717 | +€19,658 | +1,856% |
| Current assets | 29/58 | €11,891 | €29,761 | +€17,870 | +150% |
| Amounts receivable within one year | 40/41 | €2,014 | - | -€2,014 | |
| Trade receivables | 40 | €2,014 | - | -€2,014 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8,904 | €29,382 | +€20,478 | +230% |
| Deferred charges and accrued income | 490/1 | €973 | €379 | -€594 | -61.0% |
| Total equity and liabilities | 10/49 | €18,639 | €52,834 | +€34,195 | +183% |
| Equity | 10/15 | €5,061 | €13,475 | +€8,414 | +166% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | - | €5,000 | +€5,000 | |
| Issued capital | 100 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €61 | €8,475 | +€8,414 | +13,795% |
| Amounts payable | 17/49 | €13,578 | €39,359 | +€25,781 | +190% |
| Amounts payable within one year | 42/48 | €13,578 | €39,359 | +€25,781 | +190% |
| Trade debts | 44 | €4,185 | €1,323 | -€2,862 | -68.4% |
| Suppliers | 440/4 | €1,748 | €898 | -€850 | -48.6% |
| Bills of exchange payable | 441 | €2,437 | €425 | -€2,012 | -82.6% |
| Taxes, remuneration and social security | 45 | €4,700 | €8,459 | +€3,759 | +80.0% |
| Taxes | 450/3 | €4,700 | €6,072 | +€1,372 | +29.2% |
| Remuneration and social security | 454/9 | €0 | €2,386 | +€2,386 | |
| Other amounts payable | 47/48 | €4,693 | €29,578 | +€24,885 | +530% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | - | €69,877 | +€69,877 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €47,530 | +€47,530 | |
| Remuneration, social security and pensions | 62 | - | €1,760 | +€1,760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,492 | €7,984 | +€3,492 | +77.7% |
| Other operating charges | 640/8 | €643 | €745 | +€102 | +15.9% |
| Gross operating margin | 9900 | €199 | €28,632 | +€28,433 | +14,323% |
| Operating profit (loss) | 9901 | -€4,936 | €18,143 | +€23,079 | |
| Financial income | 75/76B | €14 | €727 | +€713 | +5,282% |
| Recurring financial income | 75 | €14 | €727 | +€713 | +5,282% |
| Financial charges | 65/66B | €1,763 | €1,936 | +€173 | +9.8% |
| Recurring financial charges | 65 | €1,763 | €1,936 | +€173 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,686 | €16,933 | +€23,618 | |
| Income taxes | 67/77 | €856 | €3,519 | +€2,663 | +311% |
| Profit (loss) for the period | 9904 | -€7,541 | €13,414 | +€20,955 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,541 | €13,414 | +€20,955 |
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 23 October 2026 via checked.be.