AEDES ESTATE: what changed
AEDES ESTATE
Largest movements
- Receivables within one year +€7,982
up €7,982 (+524%), from €1,524 to €9,506
of which Other amounts receivable: +€7,982
- Cash -€2,608
down €2,608 (-55.9%), from €4,662 to €2,054
mainly Receivables within one year (-€7,982) and Current portion of long-term debt (-€5,078)
- Current portion of long-term debt -€5,078
down €5,078 (-100%), from €5,078 to €0
- Reserves +€4,279
up €4,279 (+21.0%), from €20,348 to €24,627
of which Distributable reserves: +€4,279
- Other debts +€3,284
up €3,284 (+101%), from €3,266 to €6,550
- Tax, wage and social debts +€2,380
up €2,380 (+727%), from €327 to €2,707
- Depreciation -€1,423
down €1,423 (-21.6%), from €6,572 to €5,149
- Gross operating margin +€1,158
up €1,158 (+6.1%), from €18,967 to €20,125
- Financial charges -€287
down €287 (-51.3%), from €560 to €272
- Other operating charges +€244
up €244 (+3.1%), from €7,801 to €8,045
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,395 | €100,687 | +€5,292 | +5.5% |
| Fixed assets | 21/28 | €89,210 | €88,827 | -€382 | -0.4% |
| Tangible fixed assets | 22/27 | €89,210 | €88,827 | -€382 | -0.4% |
| Land and buildings | 22 | €88,108 | €88,160 | +€52 | +0.1% |
| Furniture and vehicles | 24 | €1,102 | €667 | -€435 | -39.4% |
| Current assets | 29/58 | €6,185 | €11,860 | +€5,674 | +91.7% |
| Amounts receivable within one year | 40/41 | €1,524 | €9,506 | +€7,982 | +524% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,524 | €9,506 | +€7,982 | +524% |
| Cash at bank and in hand | 54/58 | €4,662 | €2,054 | -€2,608 | -55.9% |
| Deferred charges and accrued income | 490/1 | - | €300 | +€300 | |
| Total equity and liabilities | 10/49 | €95,395 | €100,687 | +€5,292 | +5.5% |
| Equity | 10/15 | €82,348 | €86,627 | +€4,279 | +5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €20,348 | €24,627 | +€4,279 | +21.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €14,148 | €18,427 | +€4,279 | +30.2% |
| Amounts payable | 17/49 | €13,047 | €14,060 | +€1,013 | +7.8% |
| Amounts payable within one year | 42/48 | €11,882 | €12,859 | +€977 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €5,078 | €0 | -€5,078 | -100% |
| Trade debts | 44 | €3,211 | €3,602 | +€391 | +12.2% |
| Suppliers | 440/4 | €3,211 | €3,602 | +€391 | +12.2% |
| Taxes, remuneration and social security | 45 | €327 | €2,707 | +€2,380 | +727% |
| Taxes | 450/3 | €327 | €2,707 | +€2,380 | +727% |
| Other amounts payable | 47/48 | €3,266 | €6,550 | +€3,284 | +101% |
| Accrued charges and deferred income | 492/3 | €1,165 | €1,201 | +€36 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,572 | €5,149 | -€1,423 | -21.6% |
| Other operating charges | 640/8 | €7,801 | €8,045 | +€244 | +3.1% |
| Gross operating margin | 9900 | €18,967 | €20,125 | +€1,158 | +6.1% |
| Operating profit (loss) | 9901 | €4,594 | €6,931 | +€2,337 | +50.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €560 | €272 | -€287 | -51.3% |
| Recurring financial charges | 65 | €560 | €272 | -€287 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €4,035 | €6,659 | +€2,624 | +65.0% |
| Income taxes | 67/77 | €2,327 | €2,380 | +€52 | +2.2% |
| Profit (loss) for the period | 9904 | €1,707 | €4,279 | +€2,572 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €1,707 | €4,279 | +€2,572 | +151% |
Next steps
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 3 November 2026 via checked.be.