cEdEkE: 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.
cEdEkE
Largest movements
- Receivables within one year +€4,012
up €4,012 (+16.6%), from €24,130 to €28,142
of which Other amounts receivable: +€8,324
- Other debts +€37,591
up €37,591 (+201.7%), from €18,640 to €56,231
- Reserves -€27,323
down €27,323 (-34.7%), from €78,844 to €51,520
of which Tax-exempt reserves: -€54,900
- Provisions -€18,300
no longer reported in 2025 (was €18,300)
- Tax, wage and social debts +€9,604
up €9,604 (+41.0%), from €23,421 to €33,024
- Gross operating margin -€23,275
down €23,275 (-58.8%), from €39,600 to €16,325
- Other operating charges +€4,696
up €4,696 (+295.0%), from €1,592 to €6,288
- Financial charges +€2,334
up €2,334 (+103.4%), from €2,256 to €4,590
- Taxes -€2,126
down €2,126 (-16.0%), from €13,297 to €11,171
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,870 | €308,882 | +€4,012 | +1.3% |
| Current assets | 29/58 | €304,870 | €308,882 | +€4,012 | +1.3% |
| Amounts receivable after more than one year | 29 | €280,740 | €280,740 | = | 0.0% |
| Other amounts receivable | 291 | €280,740 | €280,740 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,130 | €28,142 | +€4,012 | +16.6% |
| Trade receivables | 40 | €8,848 | €4,536 | -€4,312 | -48.7% |
| Other amounts receivable | 41 | €15,282 | €23,606 | +€8,324 | +54.5% |
| Total equity and liabilities | 10/49 | €304,870 | €308,882 | +€4,012 | +1.3% |
| Equity | 10/15 | €110,199 | €82,876 | -€27,323 | -24.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,844 | €51,520 | -€27,323 | -34.7% |
| Non-distributable reserves | 130/1 | €23,944 | €51,520 | +€27,577 | +115.2% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €22,085 | €49,661 | +€27,577 | +124.9% |
| Tax-exempt reserves | 132 | €54,900 | - | -€54,900 | |
| Profit (loss) carried forward | 14 | €12,755 | €12,755 | = | 0.0% |
| Provisions and deferred taxes | 16 | €18,300 | - | -€18,300 | |
| Deferred taxes | 168 | €18,300 | - | -€18,300 | |
| Amounts payable | 17/49 | €176,370 | €226,006 | +€49,635 | +28.1% |
| Amounts payable within one year | 42/48 | €176,370 | €226,006 | +€49,635 | +28.1% |
| Financial debts | 43 | €29,772 | €29,798 | +€27 | +0.1% |
| Credit institutions | 430/8 | €29,772 | €29,798 | +€27 | +0.1% |
| Trade debts | 44 | €104,539 | €106,952 | +€2,414 | +2.3% |
| Suppliers | 440/4 | €104,539 | €106,952 | +€2,414 | +2.3% |
| Taxes, remuneration and social security | 45 | €23,421 | €33,024 | +€9,604 | +41.0% |
| Taxes | 450/3 | €23,421 | €33,024 | +€9,604 | +41.0% |
| Other amounts payable | 47/48 | €18,640 | €56,231 | +€37,591 | +201.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | - | -€371 | |
| Other operating charges | 640/8 | €1,592 | €6,288 | +€4,696 | +295.0% |
| Gross operating margin | 9900 | €39,600 | €16,325 | -€23,275 | -58.8% |
| Operating profit (loss) | 9901 | €37,638 | €10,037 | -€27,600 | -73.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,256 | €4,590 | +€2,334 | +103.4% |
| Recurring financial charges | 65 | €2,256 | €4,590 | +€2,334 | +103.4% |
| Profit (loss) for the period before taxes | 9903 | €35,381 | €5,447 | -€29,934 | -84.6% |
| Transfer from deferred taxes | 780 | - | €18,300 | +€18,300 | |
| Income taxes | 67/77 | €13,297 | €11,171 | -€2,126 | -16.0% |
| Profit (loss) for the period | 9904 | €22,085 | €12,577 | -€9,508 | -43.1% |
| Transfer from tax-exempt reserves | 789 | - | €54,900 | +€54,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,085 | €67,477 | +€45,392 | +205.5% |
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 7 October 2026 via checked.be.