AEDIFEX: 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.
AEDIFEX
Largest movements
- Receivables within one year +€91,642
up €91,642 (+32.4%), from €282,952 to €374,594
of which Trade receivables: +€131,007
- Tangible fixed assets +€17,950
up €17,950 (+18.6%), from €96,282 to €114,233
of which Furniture and vehicles: +€19,345
- Other debts +€107,504
up €107,504 (+619%), from €17,374 to €124,878
- Trade debts -€60,176
down €60,176 (-67.1%), from €89,738 to €29,562
- Reserves +€15,917
up €15,917 (+8.0%), from €199,477 to €215,394
- Tax, wage and social debts +€12,914
up €12,914 (+37.2%), from €34,669 to €47,583
- Debts after one year +€12,617
up €12,617 (+30.5%), from €41,404 to €54,021
- Gross operating margin +€56,210
up €56,210 (+42.2%), from €133,288 to €189,497
- Taxes +€15,482
up €15,482 (+55.5%), from €27,882 to €43,363
- Depreciation +€5,204
up €5,204 (+18.6%), from €27,926 to €33,130
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 | €417,443 | €522,986 | +€105,543 | +25.3% |
| Fixed assets | 21/28 | €96,282 | €114,233 | +€17,950 | +18.6% |
| Tangible fixed assets | 22/27 | €96,282 | €114,233 | +€17,950 | +18.6% |
| Plant, machinery and equipment | 23 | €7,150 | €5,756 | -€1,394 | -19.5% |
| Furniture and vehicles | 24 | €89,132 | €108,477 | +€19,345 | +21.7% |
| Current assets | 29/58 | €321,161 | €408,753 | +€87,593 | +27.3% |
| Stocks and contracts in progress | 3 | €4,599 | €6,129 | +€1,529 | +33.3% |
| Stocks | 30/36 | €4,599 | €6,129 | +€1,529 | +33.3% |
| Amounts receivable within one year | 40/41 | €282,952 | €374,594 | +€91,642 | +32.4% |
| Trade receivables | 40 | €220,502 | €351,509 | +€131,007 | +59.4% |
| Other amounts receivable | 41 | €62,450 | €23,085 | -€39,365 | -63.0% |
| Cash at bank and in hand | 54/58 | €27,134 | €23,799 | -€3,335 | -12.3% |
| Deferred charges and accrued income | 490/1 | €6,476 | €4,233 | -€2,243 | -34.6% |
| Total equity and liabilities | 10/49 | €417,443 | €522,986 | +€105,543 | +25.3% |
| Equity | 10/15 | €205,677 | €221,594 | +€15,917 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €199,477 | €215,394 | +€15,917 | +8.0% |
| Distributable reserves | 133 | €199,477 | €215,394 | +€15,917 | +8.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €211,766 | €301,393 | +€89,626 | +42.3% |
| Amounts payable after more than one year | 17 | €41,404 | €54,021 | +€12,617 | +30.5% |
| Financial debts | 170/4 | €41,404 | €54,021 | +€12,617 | +30.5% |
| Amounts payable within one year | 42/48 | €169,315 | €237,226 | +€67,911 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €27,535 | €35,204 | +€7,669 | +27.9% |
| Trade debts | 44 | €89,738 | €29,562 | -€60,176 | -67.1% |
| Suppliers | 440/4 | €89,738 | €29,562 | -€60,176 | -67.1% |
| Taxes, remuneration and social security | 45 | €34,669 | €47,583 | +€12,914 | +37.2% |
| Taxes | 450/3 | €34,669 | €47,583 | +€12,914 | +37.2% |
| Other amounts payable | 47/48 | €17,374 | €124,878 | +€107,504 | +619% |
| Accrued charges and deferred income | 492/3 | €1,047 | €10,145 | +€9,098 | +869% |
| Non-recurring operating income | 76A | €7,935 | €0 | -€7,935 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,926 | €33,130 | +€5,204 | +18.6% |
| Other operating charges | 640/8 | €2,181 | €1,109 | -€1,071 | -49.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €133,288 | €189,497 | +€56,210 | +42.2% |
| Operating profit (loss) | 9901 | €103,181 | €155,258 | +€52,077 | +50.5% |
| Financial income | 75/76B | €1,004 | €908 | -€96 | -9.5% |
| Recurring financial income | 75 | €1,004 | €908 | -€96 | -9.5% |
| Financial charges | 65/66B | €4,959 | €3,895 | -€1,065 | -21.5% |
| Recurring financial charges | 65 | €4,959 | €3,895 | -€1,065 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €99,226 | €152,271 | +€53,045 | +53.5% |
| Income taxes | 67/77 | €27,882 | €43,363 | +€15,482 | +55.5% |
| Profit (loss) for the period | 9904 | €71,344 | €108,908 | +€37,564 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,344 | €108,908 | +€37,564 | +52.7% |
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 20 October 2026 via checked.be.