E.D.N.A.: 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.
E.D.N.A.
Largest movements
- Receivables within one year +€21,376
new in 2025: €21,376
of which Trade receivables: +€17,661
- Tangible fixed assets -€16,366
down €16,366 (-3.8%), from €427,290 to €410,924
of which Land and buildings: -€17,361
- Cash -€14,159
down €14,159 (-32.5%), from €43,597 to €29,437
mainly Debts after one year (-€24,541) and Receivables within one year (-€21,376)
- Debts after one year -€24,541
down €24,541 (-17.9%), from €136,892 to €112,351
- Reserves +€21,484
up €21,484 (+7.9%), from €273,226 to €294,710
- Gross operating margin +€4,518
up €4,518 (+6.3%), from €72,220 to €76,738
- Taxes +€1,188
up €1,188 (+8.6%), from €13,755 to €14,944
- Other operating charges +€811
up €811 (+18.2%), from €4,468 to €5,280
- Financial charges -€810
down €810 (-16.9%), from €4,803 to €3,993
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 | €470,887 | €461,737 | -€9,150 | -1.9% |
| Fixed assets | 21/28 | €427,290 | €410,924 | -€16,366 | -3.8% |
| Tangible fixed assets | 22/27 | €427,290 | €410,924 | -€16,366 | -3.8% |
| Land and buildings | 22 | €424,589 | €407,228 | -€17,361 | -4.1% |
| Furniture and vehicles | 24 | €449 | €1,823 | +€1,374 | +305.9% |
| Other tangible fixed assets | 26 | €2,252 | €1,873 | -€379 | -16.8% |
| Current assets | 29/58 | €43,597 | €50,813 | +€7,216 | +16.6% |
| Amounts receivable within one year | 40/41 | - | €21,376 | +€21,376 | |
| Trade receivables | 40 | - | €17,661 | +€17,661 | |
| Other amounts receivable | 41 | - | €3,714 | +€3,714 | |
| Cash at bank and in hand | 54/58 | €43,597 | €29,437 | -€14,159 | -32.5% |
| Total equity and liabilities | 10/49 | €470,887 | €461,737 | -€9,150 | -1.9% |
| Equity | 10/15 | €279,814 | €301,298 | +€21,484 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €273,226 | €294,710 | +€21,484 | +7.9% |
| Non-distributable reserves | 130/1 | €273,226 | €294,710 | +€21,484 | +7.9% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €271,226 | €292,710 | +€21,484 | +7.9% |
| Profit (loss) carried forward | 14 | €388 | €388 | = | 0.0% |
| Amounts payable | 17/49 | €191,073 | €160,440 | -€30,633 | -16.0% |
| Amounts payable after more than one year | 17 | €136,892 | €112,351 | -€24,541 | -17.9% |
| Financial debts | 170/4 | €136,892 | €112,351 | -€24,541 | -17.9% |
| Amounts payable within one year | 42/48 | €54,036 | €48,089 | -€5,947 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €26,304 | €26,801 | +€498 | +1.9% |
| Financial debts | 43 | €3,417 | €3,398 | -€19 | -0.6% |
| Credit institutions | 430/8 | €3,417 | €3,398 | -€19 | -0.6% |
| Trade debts | 44 | €2,249 | €1,628 | -€621 | -27.6% |
| Suppliers | 440/4 | €2,249 | €1,628 | -€621 | -27.6% |
| Taxes, remuneration and social security | 45 | €19,422 | €16,262 | -€3,160 | -16.3% |
| Taxes | 450/3 | €16,922 | €13,762 | -€3,160 | -18.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €2,645 | - | -€2,645 | |
| Accrued charges and deferred income | 492/3 | €145 | - | -€145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,174 | €18,445 | -€729 | -3.8% |
| Other operating charges | 640/8 | €4,468 | €5,280 | +€811 | +18.2% |
| Gross operating margin | 9900 | €72,220 | €76,738 | +€4,518 | +6.3% |
| Operating profit (loss) | 9901 | €48,578 | €53,014 | +€4,436 | +9.1% |
| Financial income | 75/76B | €116 | €38 | -€78 | -67.4% |
| Recurring financial income | 75 | €116 | €38 | -€78 | -67.4% |
| Financial charges | 65/66B | €4,803 | €3,993 | -€810 | -16.9% |
| Recurring financial charges | 65 | €4,803 | €3,993 | -€810 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €43,891 | €49,059 | +€5,168 | +11.8% |
| Income taxes | 67/77 | €13,755 | €14,944 | +€1,188 | +8.6% |
| Profit (loss) for the period | 9904 | €30,136 | €34,115 | +€3,979 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,136 | €34,115 | +€3,979 | +13.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.