Edaco: 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.
Edaco
Largest movements
- Cash +€20,493
up €20,493 (+32.7%), from €62,729 to €83,222
mainly Depreciation (+€17,442) and Trade debts (+€7,091)
- Tangible fixed assets -€13,583
down €13,583 (-24.4%), from €55,696 to €42,113
of which Plant, machinery and equipment: -€8,675
- Receivables within one year -€1,452
down €1,452 (-8.9%), from €16,318 to €14,865
of which Trade receivables: -€1,193
- Debts after one year -€9,092
down €9,092 (-51.3%), from €17,733 to €8,641
- Trade debts +€7,091
up €7,091 (+1354.9%), from €523 to €7,614
- Profit (loss) carried forward +€6,792
up €6,792 (+8.2%), from €83,067 to €89,859
- Tax, wage and social debts +€1,722
up €1,722 (+196.7%), from €875 to €2,597
of which Remuneration and social security: +€2,597
- Other debts -€1,536
no longer reported in 2025 (was €1,536)
- Gross operating margin +€10,134
up €10,134 (+52.9%), from €19,164 to €29,298
- Taxes +€1,559
up €1,559 (+1882.0%), from €83 to €1,642
- Depreciation +€1,281
up €1,281 (+7.9%), from €16,161 to €17,442
- Other operating charges +€939
up €939 (+69.3%), from €1,355 to €2,294
- Financial charges -€319
down €319 (-22.0%), from €1,447 to €1,128
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 | €135,302 | €140,642 | +€5,340 | +3.9% |
| Fixed assets | 21/28 | €55,696 | €42,113 | -€13,583 | -24.4% |
| Tangible fixed assets | 22/27 | €55,696 | €42,113 | -€13,583 | -24.4% |
| Plant, machinery and equipment | 23 | €39,242 | €30,567 | -€8,675 | -22.1% |
| Furniture and vehicles | 24 | €16,454 | €11,546 | -€4,907 | -29.8% |
| Current assets | 29/58 | €79,606 | €98,529 | +€18,923 | +23.8% |
| Amounts receivable within one year | 40/41 | €16,318 | €14,865 | -€1,452 | -8.9% |
| Trade receivables | 40 | €9,466 | €8,273 | -€1,193 | -12.6% |
| Other amounts receivable | 41 | €6,851 | €6,592 | -€259 | -3.8% |
| Cash at bank and in hand | 54/58 | €62,729 | €83,222 | +€20,493 | +32.7% |
| Deferred charges and accrued income | 490/1 | €559 | €441 | -€118 | -21.1% |
| Total equity and liabilities | 10/49 | €135,302 | €140,642 | +€5,340 | +3.9% |
| Equity | 10/15 | €105,022 | €111,814 | +€6,792 | +6.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,555 | €9,555 | = | 0.0% |
| Distributable reserves | 133 | €9,555 | €9,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,067 | €89,859 | +€6,792 | +8.2% |
| Amounts payable | 17/49 | €30,279 | €28,828 | -€1,451 | -4.8% |
| Amounts payable after more than one year | 17 | €17,733 | €8,641 | -€9,092 | -51.3% |
| Financial debts | 170/4 | €17,733 | €8,641 | -€9,092 | -51.3% |
| Amounts payable within one year | 42/48 | €12,546 | €20,187 | +€7,640 | +60.9% |
| Current portion of amounts payable after more than one year | 42 | €9,612 | €9,976 | +€364 | +3.8% |
| Trade debts | 44 | €523 | €7,614 | +€7,091 | +1354.9% |
| Suppliers | 440/4 | €523 | €7,614 | +€7,091 | +1354.9% |
| Taxes, remuneration and social security | 45 | €875 | €2,597 | +€1,722 | +196.7% |
| Taxes | 450/3 | €875 | - | -€875 | |
| Remuneration and social security | 454/9 | - | €2,597 | +€2,597 | |
| Other amounts payable | 47/48 | €1,536 | - | -€1,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,161 | €17,442 | +€1,281 | +7.9% |
| Other operating charges | 640/8 | €1,355 | €2,294 | +€939 | +69.3% |
| Non-recurring operating charges | 66A | €113 | - | -€113 | |
| Gross operating margin | 9900 | €19,164 | €29,298 | +€10,134 | +52.9% |
| Operating profit (loss) | 9901 | €1,535 | €9,562 | +€8,026 | +522.8% |
| Financial income | 75/76B | €204 | €0 | -€204 | -100.0% |
| Recurring financial income | 75 | €204 | €0 | -€204 | -100.0% |
| Financial charges | 65/66B | €1,447 | €1,128 | -€319 | -22.0% |
| Recurring financial charges | 65 | €1,447 | €1,128 | -€319 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €292 | €8,434 | +€8,142 | +2787.5% |
| Income taxes | 67/77 | €83 | €1,642 | +€1,559 | +1882.0% |
| Profit (loss) for the period | 9904 | €209 | €6,792 | +€6,583 | +3146.0% |
| Profit (loss) for the period to be appropriated | 9905 | €209 | €6,792 | +€6,583 | +3146.0% |
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 8 October 2026 via checked.be.