ED ELECTRIC: 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.
ED ELECTRIC
Largest movements
- Tangible fixed assets +€28,951
up €28,951 (+505%), from €5,733 to €34,684
- Cash -€9,799
down €9,799 (-43.4%), from €22,595 to €12,796
mainly Investment in fixed assets (net) (-€38,146) and Receivables within one year (-€9,129)
- Receivables within one year +€9,129
up €9,129 (+25.1%), from €36,401 to €45,530
of which Other amounts receivable: +€10,701
- Deferred charges and accrued income -€4,198
no longer reported in 2025 (was €4,198)
- Debts after one year +€23,912
up €23,912 (+2,198%), from €1,088 to €25,000
- Trade debts -€2,031
down €2,031 (-63.6%), from €3,194 to €1,163
- Current portion of long-term debt +€2,027
up €2,027 (+47.0%), from €4,312 to €6,339
- Profit (loss) carried forward -€1,946
down €1,946 (-3.7%), from €52,475 to €50,529
- Tax, wage and social debts +€1,237
up €1,237 (+23.0%), from €5,368 to €6,605
- Gross operating margin -€19,938
down €19,938 (-62.1%), from €32,125 to €12,187
- Taxes -€4,132
down €4,132 (-77.0%), from €5,369 to €1,237
- Other operating charges -€3,855
down €3,855 (-60.8%), from €6,341 to €2,486
- Depreciation +€966
up €966 (+11.7%), from €8,229 to €9,195
- Financial charges +€858
up €858 (+240%), from €357 to €1,215
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 | €69,887 | €93,970 | +€24,083 | +34.5% |
| Fixed assets | 21/28 | €6,693 | €35,644 | +€28,951 | +433% |
| Tangible fixed assets | 22/27 | €5,733 | €34,684 | +€28,951 | +505% |
| Furniture and vehicles | 24 | €5,733 | €34,684 | +€28,951 | +505% |
| Financial fixed assets | 28 | €960 | €960 | = | 0.0% |
| Current assets | 29/58 | €63,194 | €58,326 | -€4,868 | -7.7% |
| Amounts receivable within one year | 40/41 | €36,401 | €45,530 | +€9,129 | +25.1% |
| Trade receivables | 40 | €33,523 | €31,951 | -€1,572 | -4.7% |
| Other amounts receivable | 41 | €2,878 | €13,579 | +€10,701 | +372% |
| Cash at bank and in hand | 54/58 | €22,595 | €12,796 | -€9,799 | -43.4% |
| Deferred charges and accrued income | 490/1 | €4,198 | - | -€4,198 | |
| Total equity and liabilities | 10/49 | €69,887 | €93,970 | +€24,083 | +34.5% |
| Equity | 10/15 | €53,575 | €51,629 | -€1,946 | -3.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,475 | €50,529 | -€1,946 | -3.7% |
| Amounts payable | 17/49 | €16,312 | €42,341 | +€26,029 | +160% |
| Amounts payable after more than one year | 17 | €1,088 | €25,000 | +€23,912 | +2,198% |
| Financial debts | 170/4 | €1,088 | €25,000 | +€23,912 | +2,198% |
| Amounts payable within one year | 42/48 | €15,224 | €17,341 | +€2,117 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €4,312 | €6,339 | +€2,027 | +47.0% |
| Trade debts | 44 | €3,194 | €1,163 | -€2,031 | -63.6% |
| Suppliers | 440/4 | €3,194 | €1,163 | -€2,031 | -63.6% |
| Taxes, remuneration and social security | 45 | €5,368 | €6,605 | +€1,237 | +23.0% |
| Taxes | 450/3 | €5,368 | €6,605 | +€1,237 | +23.0% |
| Other amounts payable | 47/48 | €2,350 | €3,234 | +€884 | +37.6% |
| Non-recurring operating income | 76A | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,229 | €9,195 | +€966 | +11.7% |
| Other operating charges | 640/8 | €6,341 | €2,486 | -€3,855 | -60.8% |
| Gross operating margin | 9900 | €32,125 | €12,187 | -€19,938 | -62.1% |
| Operating profit (loss) | 9901 | €17,555 | €506 | -€17,049 | -97.1% |
| Financial charges | 65/66B | €357 | €1,215 | +€858 | +240% |
| Recurring financial charges | 65 | €357 | €1,215 | +€858 | +240% |
| Profit (loss) for the period before taxes | 9903 | €17,198 | -€709 | -€17,907 | |
| Income taxes | 67/77 | €5,369 | €1,237 | -€4,132 | -77.0% |
| Profit (loss) for the period | 9904 | €11,829 | -€1,946 | -€13,775 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,829 | -€1,946 | -€13,775 |
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 14 October 2026 via checked.be.