E.D.R. CONSTRUCTIES: 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.R. CONSTRUCTIES
Largest movements
- Cash +€25,475
up €25,475 (+43.1%), from €59,157 to €84,632
mainly Depreciation (+€34,026) and Net result for the year (+€19,507)
- Tangible fixed assets +€23,813
up €23,813 (+13.6%), from €174,629 to €198,442
of which Furniture and vehicles: +€36,068
- Reserves +€19,507
up €19,507 (+11.5%), from €169,330 to €188,837
- Current portion of long-term debt +€18,230
up €18,230 (+94.2%), from €19,358 to €37,588
- Tax, wage and social debts +€5,875
up €5,875 (+85.1%), from €6,906 to €12,781
of which Taxes: +€8,755
- Gross operating margin +€29,266
up €29,266 (+32.0%), from €91,411 to €120,677
- Depreciation +€9,511
up €9,511 (+38.8%), from €24,515 to €34,026
- Taxes +€5,406
up €5,406 (+137.0%), from €3,945 to €9,351
- Staff costs +€2,394
up €2,394 (+4.9%), from €49,029 to €51,423
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 | €328,558 | €377,082 | +€48,524 | +14.8% |
| Fixed assets | 21/28 | €174,629 | €198,442 | +€23,813 | +13.6% |
| Tangible fixed assets | 22/27 | €174,629 | €198,442 | +€23,813 | +13.6% |
| Land and buildings | 22 | €147,919 | €136,647 | -€11,272 | -7.6% |
| Plant, machinery and equipment | 23 | €10,293 | €9,310 | -€983 | -9.5% |
| Furniture and vehicles | 24 | €16,418 | €52,485 | +€36,068 | +219.7% |
| Current assets | 29/58 | €153,929 | €178,640 | +€24,711 | +16.1% |
| Stocks and contracts in progress | 3 | €33,986 | €36,723 | +€2,738 | +8.1% |
| Stocks | 30/36 | €33,986 | €36,723 | +€2,738 | +8.1% |
| Amounts receivable within one year | 40/41 | €56,518 | €53,354 | -€3,164 | -5.6% |
| Trade receivables | 40 | €48,358 | €53,354 | +€4,996 | +10.3% |
| Other amounts receivable | 41 | €8,161 | €0 | -€8,161 | -100.0% |
| Cash at bank and in hand | 54/58 | €59,157 | €84,632 | +€25,475 | +43.1% |
| Deferred charges and accrued income | 490/1 | €4,268 | €3,930 | -€338 | -7.9% |
| Total equity and liabilities | 10/49 | €328,558 | €377,082 | +€48,524 | +14.8% |
| Equity | 10/15 | €231,715 | €251,222 | +€19,507 | +8.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €169,330 | €188,837 | +€19,507 | +11.5% |
| Distributable reserves | 133 | €169,330 | €188,837 | +€19,507 | +11.5% |
| Profit (loss) carried forward | 14 | €43,794 | €43,794 | = | 0.0% |
| Amounts payable | 17/49 | €96,843 | €125,859 | +€29,017 | +30.0% |
| Amounts payable after more than one year | 17 | €49,694 | €51,687 | +€1,993 | +4.0% |
| Financial debts | 170/4 | €49,694 | €51,687 | +€1,993 | +4.0% |
| Amounts payable within one year | 42/48 | €44,811 | €69,401 | +€24,591 | +54.9% |
| Current portion of amounts payable after more than one year | 42 | €19,358 | €37,588 | +€18,230 | +94.2% |
| Trade debts | 44 | €640 | €1,126 | +€486 | +76.0% |
| Suppliers | 440/4 | €640 | €1,126 | +€486 | +76.0% |
| Taxes, remuneration and social security | 45 | €6,906 | €12,781 | +€5,875 | +85.1% |
| Taxes | 450/3 | €303 | €9,059 | +€8,755 | +2885.6% |
| Remuneration and social security | 454/9 | €6,602 | €3,722 | -€2,881 | -43.6% |
| Other amounts payable | 47/48 | €17,907 | €17,907 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,338 | €4,771 | +€2,433 | +104.0% |
| Remuneration, social security and pensions | 62 | €49,029 | €51,423 | +€2,394 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,515 | €34,026 | +€9,511 | +38.8% |
| Other operating charges | 640/8 | €2,648 | €3,071 | +€423 | +16.0% |
| Gross operating margin | 9900 | €91,411 | €120,677 | +€29,266 | +32.0% |
| Operating profit (loss) | 9901 | €15,218 | €32,157 | +€16,939 | +111.3% |
| Financial income | 75/76B | €673 | €648 | -€25 | -3.7% |
| Recurring financial income | 75 | €673 | €648 | -€25 | -3.7% |
| Financial charges | 65/66B | €4,014 | €3,947 | -€67 | -1.7% |
| Recurring financial charges | 65 | €4,014 | €3,947 | -€67 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €11,878 | €28,858 | +€16,980 | +143.0% |
| Income taxes | 67/77 | €3,945 | €9,351 | +€5,406 | +137.0% |
| Profit (loss) for the period | 9904 | €7,933 | €19,507 | +€11,574 | +145.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,933 | €19,507 | +€11,574 | +145.9% |
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 4 October 2026 via checked.be.