E.D. LIGHTING: 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.
E.D. LIGHTING
Largest movements
- Cash -€119,043
down €119,043 (-43.7%), from €272,707 to €153,664
mainly Receivables within one year (-€86,412) and Other debts (-€53,441)
- Receivables within one year +€86,412
up €86,412 (+20.2%), from €428,552 to €514,964
of which Trade receivables: +€74,628
- Tangible fixed assets -€28,024
down €28,024 (-5.2%), from €537,909 to €509,885
of which Land and buildings: -€16,915
- Trade debts +€61,160
up €61,160 (+22.8%), from €267,695 to €328,855
- Other debts -€53,441
no longer reported in 2025 (was €53,441)
- Profit (loss) carried forward -€39,258
down €39,258 (-6.2%), from €630,315 to €591,057
- Debts after one year -€26,526
down €26,526 (-11.5%), from €230,917 to €204,391
- Turnover -€134,822
down €134,822 (-7.5%), from €1.8m to €1.7m
- Gross operating margin -€113,558
down €113,558 (-15.9%), from €714,473 to €600,915
- Staff costs +€41,903
up €41,903 (+8.8%), from €478,229 to €520,132
- Taxes -€23,086
no longer reported in 2025 (was €23,086)
- Purchases and services -€21,456
down €21,456 (-2.0%), from €1.1m to €1.1m
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 | €1,240,632 | €1,179,977 | -€60,655 | -4.9% |
| Fixed assets | 21/28 | €539,373 | €511,349 | -€28,024 | -5.2% |
| Tangible fixed assets | 22/27 | €537,909 | €509,885 | -€28,024 | -5.2% |
| Land and buildings | 22 | €512,578 | €495,663 | -€16,915 | -3.3% |
| Plant, machinery and equipment | 23 | €3,804 | €1,000 | -€2,804 | -73.7% |
| Furniture and vehicles | 24 | €21,527 | €13,222 | -€8,305 | -38.6% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €1,464 | €1,464 | = | 0.0% |
| Current assets | 29/58 | €701,259 | €668,628 | -€32,631 | -4.7% |
| Amounts receivable within one year | 40/41 | €428,552 | €514,964 | +€86,412 | +20.2% |
| Trade receivables | 40 | €355,117 | €429,745 | +€74,628 | +21.0% |
| Other amounts receivable | 41 | €73,435 | €85,219 | +€11,784 | +16.0% |
| Cash at bank and in hand | 54/58 | €272,707 | €153,664 | -€119,043 | -43.7% |
| Total equity and liabilities | 10/49 | €1,240,632 | €1,179,977 | -€60,655 | -4.9% |
| Equity | 10/15 | €650,775 | €611,517 | -€39,258 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €630,315 | €591,057 | -€39,258 | -6.2% |
| Amounts payable | 17/49 | €589,857 | €568,460 | -€21,397 | -3.6% |
| Amounts payable after more than one year | 17 | €230,917 | €204,391 | -€26,526 | -11.5% |
| Financial debts | 170/4 | €230,917 | €204,391 | -€26,526 | -11.5% |
| Amounts payable within one year | 42/48 | €358,940 | €364,069 | +€5,129 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €23,657 | €26,527 | +€2,870 | +12.1% |
| Trade debts | 44 | €267,695 | €328,855 | +€61,160 | +22.8% |
| Suppliers | 440/4 | €267,695 | €328,855 | +€61,160 | +22.8% |
| Advances received on contracts in progress | 46 | €1,123 | €1,123 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €13,024 | €7,564 | -€5,460 | -41.9% |
| Taxes | 450/3 | €12,120 | €1,992 | -€10,128 | -83.6% |
| Remuneration and social security | 454/9 | €904 | €5,572 | +€4,668 | +516% |
| Other amounts payable | 47/48 | €53,441 | - | -€53,441 | |
| Turnover | 70 | €1,798,379 | €1,663,557 | -€134,822 | -7.5% |
| Non-recurring operating income | 76A | €193 | - | -€193 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,084,098 | €1,062,642 | -€21,456 | -2.0% |
| Remuneration, social security and pensions | 62 | €478,229 | €520,132 | +€41,903 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,676 | €30,743 | +€67 | +0.2% |
| Other operating charges | 640/8 | €10,457 | €12,125 | +€1,668 | +16.0% |
| Non-recurring operating charges | 66A | €3,225 | €16,691 | +€13,466 | +418% |
| Gross operating margin | 9900 | €714,473 | €600,915 | -€113,558 | -15.9% |
| Operating profit (loss) | 9901 | €191,886 | €21,224 | -€170,662 | -88.9% |
| Financial income | 75/76B | €3,176 | €2,054 | -€1,122 | -35.3% |
| Recurring financial income | 75 | €3,176 | €2,054 | -€1,122 | -35.3% |
| Financial charges | 65/66B | €50,660 | €62,536 | +€11,876 | +23.4% |
| Recurring financial charges | 65 | €50,660 | €62,536 | +€11,876 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €144,402 | -€39,258 | -€183,660 | |
| Income taxes | 67/77 | €23,086 | - | -€23,086 | |
| Profit (loss) for the period | 9904 | €121,316 | -€39,258 | -€160,574 | |
| Profit (loss) for the period to be appropriated | 9905 | €121,316 | -€39,258 | -€160,574 |
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 18 October 2026 via checked.be.