EDAMAX: 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.
EDAMAX
Largest movements
- Receivables within one year -€273,270
down €273,270 (-81.5%), from €335,457 to €62,187
- Financial fixed assets -€228,275
down €228,275 (-28.9%), from €790,813 to €562,538
- Cash +€34,794
up €34,794 (+222%), from €15,656 to €50,450
mainly Receivables within one year (+€273,270) and Investment in fixed assets (net) (+€228,275)
- Short-term financial debts -€265,208
down €265,208 (-46.9%), from €565,208 to €300,000
- Debts after one year -€253,368
no longer reported in 2025 (was €253,368)
- Reserves +€171,671
up €171,671 (+207%), from €82,882 to €254,553
- Other debts -€64,120
down €64,120 (-82.6%), from €77,667 to €13,547
- Current portion of long-term debt -€61,326
no longer reported in 2025 (was €61,326)
- Gross operating margin +€248,730
up €248,730, from -€1,855 to €246,875
- Taxes +€65,375
new in 2025: €65,375
- Financial income -€18,656
down €18,656 (-57.1%), from €32,687 to €14,031
- Financial charges -€6,990
down €6,990 (-22.8%), from €30,643 to €23,653
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 | €1,141,925 | €675,174 | -€466,751 | -40.9% |
| Fixed assets | 21/28 | €790,813 | €562,538 | -€228,275 | -28.9% |
| Financial fixed assets | 28 | €790,813 | €562,538 | -€228,275 | -28.9% |
| Current assets | 29/58 | €351,113 | €112,637 | -€238,476 | -67.9% |
| Amounts receivable within one year | 40/41 | €335,457 | €62,187 | -€273,270 | -81.5% |
| Other amounts receivable | 41 | €335,457 | €62,187 | -€273,270 | -81.5% |
| Cash at bank and in hand | 54/58 | €15,656 | €50,450 | +€34,794 | +222% |
| Total equity and liabilities | 10/49 | €1,141,925 | €675,174 | -€466,751 | -40.9% |
| Equity | 10/15 | €182,882 | €354,553 | +€171,671 | +93.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €82,882 | €254,553 | +€171,671 | +207% |
| Distributable reserves | 133 | €82,882 | €254,553 | +€171,671 | +207% |
| Amounts payable | 17/49 | €959,044 | €320,621 | -€638,422 | -66.6% |
| Amounts payable after more than one year | 17 | €253,368 | - | -€253,368 | |
| Financial debts | 170/4 | €253,368 | - | -€253,368 | |
| Amounts payable within one year | 42/48 | €704,351 | €319,246 | -€385,105 | -54.7% |
| Current portion of amounts payable after more than one year | 42 | €61,326 | - | -€61,326 | |
| Financial debts | 43 | €565,208 | €300,000 | -€265,208 | -46.9% |
| Credit institutions | 430/8 | €565,208 | €300,000 | -€265,208 | -46.9% |
| Trade debts | 44 | €150 | €325 | +€175 | +117% |
| Suppliers | 440/4 | €150 | €325 | +€175 | +117% |
| Taxes, remuneration and social security | 45 | - | €5,375 | +€5,375 | |
| Taxes | 450/3 | - | €5,375 | +€5,375 | |
| Other amounts payable | 47/48 | €77,667 | €13,547 | -€64,120 | -82.6% |
| Accrued charges and deferred income | 492/3 | €1,325 | €1,375 | +€50 | +3.8% |
| Other operating charges | 640/8 | €85 | €206 | +€121 | +142% |
| Gross operating margin | 9900 | -€1,855 | €246,875 | +€248,730 | |
| Operating profit (loss) | 9901 | -€1,940 | €246,669 | +€248,609 | |
| Financial income | 75/76B | €32,687 | €14,031 | -€18,656 | -57.1% |
| Recurring financial income | 75 | €32,687 | €14,031 | -€18,656 | -57.1% |
| Financial charges | 65/66B | €30,643 | €23,653 | -€6,990 | -22.8% |
| Recurring financial charges | 65 | €30,643 | €23,653 | -€6,990 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €104 | €237,046 | +€236,942 | +228,114% |
| Income taxes | 67/77 | - | €65,375 | +€65,375 | |
| Profit (loss) for the period | 9904 | €104 | €171,671 | +€171,568 | +165,175% |
| Profit (loss) for the period to be appropriated | 9905 | €104 | €171,671 | +€171,568 | +165,175% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.