EDAL Management: 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.
EDAL Management
Largest movements
- Receivables within one year -€24,328
down €24,328 (-35.7%), from €68,226 to €43,898
of which Other amounts receivable: -€33,403
- Cash -€15,707
down €15,707 (-64.2%), from €24,456 to €8,749
mainly Contributions, distributions and other (-€47,000) and Other debts (-€13,000)
- Tangible fixed assets -€8,877
down €8,877 (-20.9%), from €42,543 to €33,667
of which Leasing and similar rights: -€8,543
- Profit (loss) carried forward -€33,695
down €33,695 (-94.9%), from €35,504 to €1,808
- Other debts -€13,000
down €13,000 (-21.7%), from €60,000 to €47,000
- Debts after one year -€6,511
down €6,511 (-24.5%), from €26,616 to €20,105
- Tax, wage and social debts +€3,038
up €3,038 (+268%), from €1,132 to €4,169
- Trade debts +€1,399
up €1,399 (+393%), from €356 to €1,755
- Gross operating margin -€96,158
down €96,158 (-77.8%), from €123,546 to €27,387
- Taxes -€27,718
down €27,718 (-86.0%), from €32,239 to €4,521
- Depreciation +€7,773
up €7,773 (+704%), from €1,104 to €8,877
- Financial charges +€2,061
up €2,061 (+399%), from €516 to €2,577
- Financial income -€1,545
down €1,545 (-28.6%), from €5,401 to €3,855
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 | €137,335 | €88,849 | -€48,486 | -35.3% |
| Fixed assets | 21/28 | €42,543 | €33,667 | -€8,877 | -20.9% |
| Tangible fixed assets | 22/27 | €42,543 | €33,667 | -€8,877 | -20.9% |
| Furniture and vehicles | 24 | €597 | €264 | -€333 | -55.8% |
| Leasing and similar rights | 25 | €41,946 | €33,403 | -€8,543 | -20.4% |
| Current assets | 29/58 | €94,791 | €55,182 | -€39,609 | -41.8% |
| Amounts receivable within one year | 40/41 | €68,226 | €43,898 | -€24,328 | -35.7% |
| Trade receivables | 40 | - | €9,075 | +€9,075 | |
| Other amounts receivable | 41 | €68,226 | €34,823 | -€33,403 | -49.0% |
| Cash at bank and in hand | 54/58 | €24,456 | €8,749 | -€15,707 | -64.2% |
| Deferred charges and accrued income | 490/1 | €2,109 | €2,535 | +€426 | +20.2% |
| Total equity and liabilities | 10/49 | €137,335 | €88,849 | -€48,486 | -35.3% |
| Equity | 10/15 | €43,004 | €9,308 | -€33,695 | -78.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,504 | €1,808 | -€33,695 | -94.9% |
| Amounts payable | 17/49 | €94,331 | €79,540 | -€14,791 | -15.7% |
| Amounts payable after more than one year | 17 | €26,616 | €20,105 | -€6,511 | -24.5% |
| Financial debts | 170/4 | €26,616 | €20,105 | -€6,511 | -24.5% |
| Amounts payable within one year | 42/48 | €67,715 | €59,435 | -€8,279 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €6,228 | €6,511 | +€284 | +4.6% |
| Trade debts | 44 | €356 | €1,755 | +€1,399 | +393% |
| Suppliers | 440/4 | €356 | €1,755 | +€1,399 | +393% |
| Taxes, remuneration and social security | 45 | €1,132 | €4,169 | +€3,038 | +268% |
| Taxes | 450/3 | €1,132 | €4,169 | +€3,038 | +268% |
| Other amounts payable | 47/48 | €60,000 | €47,000 | -€13,000 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,104 | €8,877 | +€7,773 | +704% |
| Other operating charges | 640/8 | €760 | €1,963 | +€1,204 | +158% |
| Gross operating margin | 9900 | €123,546 | €27,387 | -€96,158 | -77.8% |
| Operating profit (loss) | 9901 | €121,682 | €16,547 | -€105,135 | -86.4% |
| Financial income | 75/76B | €5,401 | €3,855 | -€1,545 | -28.6% |
| Recurring financial income | 75 | €5,401 | €3,855 | -€1,545 | -28.6% |
| Financial charges | 65/66B | €516 | €2,577 | +€2,061 | +399% |
| Recurring financial charges | 65 | €516 | €2,577 | +€2,061 | +399% |
| Profit (loss) for the period before taxes | 9903 | €126,567 | €17,826 | -€108,741 | -85.9% |
| Income taxes | 67/77 | €32,239 | €4,521 | -€27,718 | -86.0% |
| Profit (loss) for the period | 9904 | €94,328 | €13,305 | -€81,024 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €94,328 | €13,305 | -€81,024 | -85.9% |
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 13 October 2026 via checked.be.