AEDICON: what changed
Two fiscal 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.
AEDICON
Largest movements
- Tangible fixed assets +€45,515
up €45,515 (+13.1%), from €347,361 to €392,876
of which Furniture and vehicles: +€52,773
- Current investments +€25,000
up €25,000 (+19.8%), from €126,310 to €151,309
- Cash +€7,202
up €7,202 (+7.0%), from €102,742 to €109,944
mainly Net result for the year (+€44,408) and Depreciation (+€36,710)
- Reserves +€44,408
up €44,408 (+13.7%), from €325,117 to €369,526
of which Distributable reserves: +€44,408
- Debts after one year +€33,511
up €33,511 (+26.5%), from €126,513 to €160,024
- Gross operating margin +€27,842
up €27,842 (+32.8%), from €84,806 to €112,649
- Depreciation +€14,522
up €14,522 (+65.4%), from €22,188 to €36,710
- Taxes +€4,004
up €4,004 (+28.9%), from €13,877 to €17,881
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.
Cash bridge derived
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 | €592,599 | €669,217 | +€76,618 | +12.9% |
| Fixed assets | 21/28 | €347,376 | €392,891 | +€45,515 | +13.1% |
| Tangible fixed assets | 22/27 | €347,361 | €392,876 | +€45,515 | +13.1% |
| Land and buildings | 22 | €338,883 | €331,625 | -€7,259 | -2.1% |
| Furniture and vehicles | 24 | €8,478 | €61,251 | +€52,773 | +622.5% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €245,223 | €276,326 | +€31,103 | +12.7% |
| Amounts receivable within one year | 40/41 | €16,171 | €15,073 | -€1,098 | -6.8% |
| Trade receivables | 40 | €15,292 | €14,193 | -€1,098 | -7.2% |
| Other amounts receivable | 41 | €880 | €880 | = | 0.0% |
| Current investments | 50/53 | €126,310 | €151,309 | +€25,000 | +19.8% |
| Cash at bank and in hand | 54/58 | €102,742 | €109,944 | +€7,202 | +7.0% |
| Total equity and liabilities | 10/49 | €592,599 | €669,217 | +€76,618 | +12.9% |
| Equity | 10/15 | €343,717 | €388,126 | +€44,408 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €325,117 | €369,526 | +€44,408 | +13.7% |
| Non-distributable reserves | 130/1 | €7,627 | €7,627 | = | 0.0% |
| Legal reserve | 130 | €7,627 | €7,627 | = | 0.0% |
| Distributable reserves | 133 | €317,490 | €361,899 | +€44,408 | +14.0% |
| Amounts payable | 17/49 | €248,882 | €281,092 | +€32,210 | +12.9% |
| Amounts payable after more than one year | 17 | €126,513 | €160,024 | +€33,511 | +26.5% |
| Financial debts | 170/4 | €126,513 | €160,024 | +€33,511 | +26.5% |
| Amounts payable within one year | 42/48 | €110,632 | €106,700 | -€3,932 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €24,449 | €23,661 | -€787 | -3.2% |
| Trade debts | 44 | €2,628 | €958 | -€1,670 | -63.5% |
| Suppliers | 440/4 | €2,628 | €958 | -€1,670 | -63.5% |
| Taxes, remuneration and social security | 45 | €17,842 | €16,314 | -€1,529 | -8.6% |
| Taxes | 450/3 | €15,592 | €14,064 | -€1,529 | -9.8% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €65,713 | €65,767 | +€54 | +0.1% |
| Accrued charges and deferred income | 492/3 | €11,737 | €14,367 | +€2,631 | +22.4% |
| Non-recurring operating income | 76A | - | €18,000 | +€18,000 | |
| Remuneration, social security and pensions | 62 | €2,150 | €2,470 | +€320 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,188 | €36,710 | +€14,522 | +65.4% |
| Other operating charges | 640/8 | €1,870 | €1,881 | +€11 | +0.6% |
| Gross operating margin | 9900 | €84,806 | €112,649 | +€27,842 | +32.8% |
| Operating profit (loss) | 9901 | €58,598 | €71,588 | +€12,990 | +22.2% |
| Financial income | 75/76B | €48 | €1 | -€47 | -98.2% |
| Recurring financial income | 75 | €48 | €1 | -€47 | -98.2% |
| Financial charges | 65/66B | €10,282 | €9,299 | -€982 | -9.6% |
| Recurring financial charges | 65 | €10,282 | €9,299 | -€982 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €48,364 | €62,289 | +€13,925 | +28.8% |
| Income taxes | 67/77 | €13,877 | €17,881 | +€4,004 | +28.9% |
| Profit (loss) for the period | 9904 | €34,487 | €44,408 | +€9,921 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,487 | €44,408 | +€9,921 | +28.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.