Aedi Ficad: 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.
Aedi Ficad
Largest movements
- Cash +€35,935
up €35,935 (+677%), from €5,309 to €41,244
mainly Other debts (+€37,847) and Net result for the year (+€36,684)
- Tangible fixed assets +€22,191
up €22,191 (+43.5%), from €51,067 to €73,258
of which Plant, machinery and equipment: +€20,281
- Receivables within one year +€15,410
up €15,410 (+29.4%), from €52,363 to €67,772
of which Other amounts receivable: +€12,856
- Financial fixed assets +€11,000
up €11,000 (+2,076%), from €530 to €11,530
- Other debts +€37,847
new in 2025: €37,847
- Profit (loss) carried forward +€36,684
up €36,684 (+140%), from €26,192 to €62,875
- Debts after one year +€11,410
up €11,410 (+33.8%), from €33,798 to €45,208
- Current portion of long-term debt +€5,924
up €5,924 (+25.4%), from €23,339 to €29,263
- Tax, wage and social debts -€4,493
down €4,493 (-75.8%), from €5,930 to €1,437
of which Taxes: -€5,111
- Gross operating margin +€24,642
up €24,642 (+37.6%), from €65,531 to €90,172
- Staff costs -€7,050
down €7,050 (-25.9%), from €27,240 to €20,191
- Taxes +€6,482
up €6,482 (+146%), from €4,431 to €10,912
- Depreciation +€6,263
up €6,263 (+50.8%), from €12,332 to €18,595
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 | €110,620 | €195,783 | +€85,163 | +77.0% |
| Fixed assets | 21/28 | €51,596 | €84,788 | +€33,191 | +64.3% |
| Tangible fixed assets | 22/27 | €51,067 | €73,258 | +€22,191 | +43.5% |
| Plant, machinery and equipment | 23 | €18,103 | €38,383 | +€20,281 | +112% |
| Furniture and vehicles | 24 | €32,964 | €34,874 | +€1,910 | +5.8% |
| Financial fixed assets | 28 | €530 | €11,530 | +€11,000 | +2,076% |
| Current assets | 29/58 | €59,024 | €110,996 | +€51,972 | +88.1% |
| Amounts receivable within one year | 40/41 | €52,363 | €67,772 | +€15,410 | +29.4% |
| Trade receivables | 40 | €17,250 | €19,805 | +€2,554 | +14.8% |
| Other amounts receivable | 41 | €35,112 | €47,968 | +€12,856 | +36.6% |
| Cash at bank and in hand | 54/58 | €5,309 | €41,244 | +€35,935 | +677% |
| Deferred charges and accrued income | 490/1 | €1,353 | €1,979 | +€627 | +46.3% |
| Total equity and liabilities | 10/49 | €110,620 | €195,783 | +€85,163 | +77.0% |
| Equity | 10/15 | €40,694 | €77,377 | +€36,684 | +90.1% |
| Contributions | 10/11 | €12,643 | €12,643 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,192 | €62,875 | +€36,684 | +140% |
| Amounts payable | 17/49 | €69,927 | €118,406 | +€48,479 | +69.3% |
| Amounts payable after more than one year | 17 | €33,798 | €45,208 | +€11,410 | +33.8% |
| Financial debts | 170/4 | €33,798 | €45,208 | +€11,410 | +33.8% |
| Amounts payable within one year | 42/48 | €36,129 | €73,198 | +€37,069 | +103% |
| Current portion of amounts payable after more than one year | 42 | €23,339 | €29,263 | +€5,924 | +25.4% |
| Trade debts | 44 | €6,860 | €4,650 | -€2,210 | -32.2% |
| Suppliers | 440/4 | €6,860 | €4,650 | -€2,210 | -32.2% |
| Taxes, remuneration and social security | 45 | €5,930 | €1,437 | -€4,493 | -75.8% |
| Taxes | 450/3 | €5,111 | - | -€5,111 | |
| Remuneration and social security | 454/9 | €819 | €1,437 | +€618 | +75.5% |
| Other amounts payable | 47/48 | - | €37,847 | +€37,847 | |
| Remuneration, social security and pensions | 62 | €27,240 | €20,191 | -€7,050 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,332 | €18,595 | +€6,263 | +50.8% |
| Other operating charges | 640/8 | €831 | €44 | -€788 | -94.7% |
| Gross operating margin | 9900 | €65,531 | €90,172 | +€24,642 | +37.6% |
| Operating profit (loss) | 9901 | €25,127 | €51,343 | +€26,216 | +104% |
| Financial income | 75/76B | €1 | €12 | +€12 | +2,116% |
| Recurring financial income | 75 | €1 | €12 | +€12 | +2,116% |
| Financial charges | 65/66B | €4,146 | €3,760 | -€387 | -9.3% |
| Recurring financial charges | 65 | €4,146 | €3,760 | -€387 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €20,981 | €47,596 | +€26,615 | +127% |
| Income taxes | 67/77 | €4,431 | €10,912 | +€6,482 | +146% |
| Profit (loss) for the period | 9904 | €16,551 | €36,684 | +€20,133 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €16,551 | €36,684 | +€20,133 | +122% |
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 24 October 2026 via checked.be.