EDG: 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.
EDG
Largest movements
- Cash +€54,159
new in 2026: €54,159
mainly Current investments (+€49,035) and Net result for the year (+€21,385)
- Current investments -€49,035
no longer reported in 2026 (was €49,035)
- Receivables within one year +€18,653
new in 2026: €18,653
of which Trade receivables: +€16,990
- Tangible fixed assets -€883
down €883 (-55.8%), from €1,582 to €699
- Deferred charges and accrued income +€793
new in 2026: €793
- Reserves +€21,385
up €21,385 (+57.0%), from €37,488 to €58,873
- Other debts +€5,117
up €5,117 (+597%), from €857 to €5,973
- Tax, wage and social debts -€3,428
down €3,428 (-44.7%), from €7,670 to €4,242
- Gross operating margin -€15,286
down €15,286 (-34.8%), from €43,916 to €28,630
- Taxes -€2,904
down €2,904 (-33.2%), from €8,741 to €5,837
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,617 | €74,304 | +€23,687 | +46.8% |
| Fixed assets | 21/28 | €1,582 | €699 | -€883 | -55.8% |
| Tangible fixed assets | 22/27 | €1,582 | €699 | -€883 | -55.8% |
| Furniture and vehicles | 24 | €1,582 | €699 | -€883 | -55.8% |
| Current assets | 29/58 | €49,035 | €73,605 | +€24,570 | +50.1% |
| Amounts receivable within one year | 40/41 | - | €18,653 | +€18,653 | |
| Trade receivables | 40 | - | €16,990 | +€16,990 | |
| Other amounts receivable | 41 | - | €1,663 | +€1,663 | |
| Current investments | 50/53 | €49,035 | - | -€49,035 | |
| Cash at bank and in hand | 54/58 | - | €54,159 | +€54,159 | |
| Deferred charges and accrued income | 490/1 | - | €793 | +€793 | |
| Total equity and liabilities | 10/49 | €50,617 | €74,304 | +€23,687 | +46.8% |
| Equity | 10/15 | €40,488 | €61,873 | +€21,385 | +52.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,488 | €58,873 | +€21,385 | +57.0% |
| Distributable reserves | 133 | €37,488 | €58,873 | +€21,385 | +57.0% |
| Amounts payable | 17/49 | €10,129 | €12,430 | +€2,301 | +22.7% |
| Amounts payable within one year | 42/48 | €10,129 | €12,430 | +€2,301 | +22.7% |
| Trade debts | 44 | €1,602 | €2,215 | +€612 | +38.2% |
| Suppliers | 440/4 | €1,602 | €2,215 | +€612 | +38.2% |
| Taxes, remuneration and social security | 45 | €7,670 | €4,242 | -€3,428 | -44.7% |
| Taxes | 450/3 | €7,670 | €4,242 | -€3,428 | -44.7% |
| Other amounts payable | 47/48 | €857 | €5,973 | +€5,117 | +597% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €883 | €883 | = | 0.0% |
| Other operating charges | 640/8 | €627 | €525 | -€103 | -16.4% |
| Gross operating margin | 9900 | €43,916 | €28,630 | -€15,286 | -34.8% |
| Operating profit (loss) | 9901 | €42,405 | €27,222 | -€15,184 | -35.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €7 | - | -€7 | |
| Recurring financial charges | 65 | €7 | - | -€7 | |
| Profit (loss) for the period before taxes | 9903 | €42,398 | €27,222 | -€15,176 | -35.8% |
| Income taxes | 67/77 | €8,741 | €5,837 | -€2,904 | -33.2% |
| Profit (loss) for the period | 9904 | €33,657 | €21,385 | -€12,272 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,657 | €21,385 | -€12,272 | -36.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.