AEDIFIC: 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.
AEDIFIC
Largest movements
- Receivables within one year -€1.8m
down €1.8m (-60.3%), from €3.0m to €1.2m
of which Other amounts receivable: -€1.9m
- Tangible fixed assets +€253,429
up €253,429 (+11.9%), from €2.1m to €2.4m
of which Land and buildings: +€266,576
- Short-term financial debts -€1.2m
down €1.2m (-43.9%), from €2.7m to €1.5m
- Debts after one year -€240,287
down €240,287 (-29.8%), from €805,149 to €564,862
of which Other amounts payable: -€223,280
- Other debts -€145,142
down €145,142 (-24.2%), from €600,599 to €455,456
- Trade debts -€103,206
down €103,206 (-73.2%), from €141,080 to €37,874
- Financial charges -€81,811
down €81,811 (-43.0%), from €190,157 to €108,345
- Gross operating margin -€58,790
down €58,790 (-25.0%), from €234,798 to €176,008
- Depreciation -€22,514
down €22,514 (-14.6%), from €154,109 to €131,596
- Financial income -€13,157
down €13,157 (-9.7%), from €135,829 to €122,672
- Taxes +€2,722
up €2,722 (+935.3%), from €291 to €3,013
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 | €5,295,324 | €3,651,014 | -€1.6m | -31.1% |
| Fixed assets | 21/28 | €2,137,635 | €2,389,974 | +€252,339 | +11.8% |
| Tangible fixed assets | 22/27 | €2,136,545 | €2,389,974 | +€253,429 | +11.9% |
| Land and buildings | 22 | €2,100,811 | €2,367,387 | +€266,576 | +12.7% |
| Plant, machinery and equipment | 23 | €1,261 | €946 | -€315 | -25.0% |
| Furniture and vehicles | 24 | €34,473 | €21,641 | -€12,832 | -37.2% |
| Financial fixed assets | 28 | €1,090 | €0 | -€1,090 | -100.0% |
| Current assets | 29/58 | €3,157,689 | €1,261,040 | -€1.9m | -60.1% |
| Amounts receivable within one year | 40/41 | €2,989,261 | €1,187,547 | -€1.8m | -60.3% |
| Trade receivables | 40 | €84,000 | €180,000 | +€96,000 | +114.3% |
| Other amounts receivable | 41 | €2,905,261 | €1,007,547 | -€1.9m | -65.3% |
| Cash at bank and in hand | 54/58 | €102,021 | €50,044 | -€51,977 | -50.9% |
| Deferred charges and accrued income | 490/1 | €66,407 | €23,450 | -€42,957 | -64.7% |
| Total equity and liabilities | 10/49 | €5,295,324 | €3,651,014 | -€1.6m | -31.1% |
| Equity | 10/15 | €1,055,113 | €1,070,507 | +€15,394 | +1.5% |
| Contributions | 10/11 | €642,000 | €642,000 | = | 0.0% |
| Capital | 10 | €642,000 | €642,000 | = | 0.0% |
| Issued capital | 100 | €642,000 | €642,000 | = | 0.0% |
| Reserves | 13 | €78,144 | €121,203 | +€43,059 | +55.1% |
| Non-distributable reserves | 130/1 | €11,000 | €16,000 | +€5,000 | +45.5% |
| Legal reserve | 130 | €11,000 | €16,000 | +€5,000 | +45.5% |
| Distributable reserves | 133 | €67,144 | €105,203 | +€38,059 | +56.7% |
| Investment grants | 15 | €334,969 | €307,304 | -€27,665 | -8.3% |
| Amounts payable | 17/49 | €4,240,210 | €2,580,507 | -€1.7m | -39.1% |
| Amounts payable after more than one year | 17 | €805,149 | €564,862 | -€240,287 | -29.8% |
| Financial debts | 170/4 | €246,869 | €229,862 | -€17,007 | -6.9% |
| Other amounts payable | 178/9 | €558,280 | €335,000 | -€223,280 | -40.0% |
| Amounts payable within one year | 42/48 | €3,431,350 | €2,013,350 | -€1.4m | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €16,337 | €17,007 | +€670 | +4.1% |
| Financial debts | 43 | €2,671,645 | €1,500,000 | -€1.2m | -43.9% |
| Credit institutions | 430/8 | €2,671,645 | €1,500,000 | -€1.2m | -43.9% |
| Trade debts | 44 | €141,080 | €37,874 | -€103,206 | -73.2% |
| Suppliers | 440/4 | €141,080 | €37,874 | -€103,206 | -73.2% |
| Taxes, remuneration and social security | 45 | €1,690 | €3,013 | +€1,323 | +78.3% |
| Taxes | 450/3 | €1,690 | €3,013 | +€1,323 | +78.3% |
| Other amounts payable | 47/48 | €600,599 | €455,456 | -€145,142 | -24.2% |
| Accrued charges and deferred income | 492/3 | €3,712 | €2,296 | -€1,416 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,109 | €131,596 | -€22,514 | -14.6% |
| Other operating charges | 640/8 | €11,626 | €12,668 | +€1,041 | +9.0% |
| Non-recurring operating charges | 66A | €7,700 | €0 | -€7,700 | -100.0% |
| Gross operating margin | 9900 | €234,798 | €176,008 | -€58,790 | -25.0% |
| Operating profit (loss) | 9901 | €61,362 | €31,744 | -€29,617 | -48.3% |
| Financial income | 75/76B | €135,829 | €122,672 | -€13,157 | -9.7% |
| Recurring financial income | 75 | €135,829 | €122,672 | -€13,157 | -9.7% |
| Financial charges | 65/66B | €190,157 | €108,345 | -€81,811 | -43.0% |
| Recurring financial charges | 65 | €190,157 | €108,345 | -€81,811 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €7,034 | €46,071 | +€39,037 | +554.9% |
| Income taxes | 67/77 | €291 | €3,013 | +€2,722 | +935.3% |
| Profit (loss) for the period | 9904 | €6,743 | €43,059 | +€36,315 | +538.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,743 | €43,059 | +€36,315 | +538.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.