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Edams: 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.

What changed

Edams

BE 0773.736.633
NACE 10.712, Artisanal bread and fresh pastry making
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€13,673
2024 · €27,763-€14,090
Equity
€74,223
2024 · €60,550+€13,673
Cash
€90,956
2024 · €54,473+€36,483
Balance sheet total
€139,277
2024 · €112,837+€26,440

Largest movements

2024 to 2025
Assets
  • Cash +€36,483

    up €36,483 (+67.0%), from €54,473 to €90,956

    mainly Trade debts (+€25,032) and Net result for the year (+€13,673)

  • Tangible fixed assets -€6,840

    down €6,840 (-19.1%), from €35,838 to €28,997

    of which Other tangible fixed assets: -€4,312

  • Receivables within one year -€2,980

    down €2,980 (-77.5%), from €3,846 to €866

    of which Other amounts receivable: -€3,457

Equity and liabilities
  • Trade debts +€25,032

    up €25,032 (+373.3%), from €6,706 to €31,737

  • Profit (loss) carried forward +€13,673

    up €13,673 (+24.6%), from €55,550 to €69,223

  • Tax, wage and social debts -€13,343

    down €13,343 (-29.5%), from €45,271 to €31,928

    of which Taxes: -€12,567

Income statement
  • Purchases and services -€360,418

    no longer reported in 2025 (was €360,418)

  • Staff costs +€9,050

    up €9,050 (+7.5%), from €121,006 to €130,056

  • Gross operating margin -€4,539

    down €4,539 (-2.8%), from €163,834 to €159,295

  • Other operating charges +€2,530

    up €2,530 (+687.4%), from €368 to €2,898

  • Taxes -€1,766

    down €1,766 (-24.8%), from €7,126 to €5,360

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €27,763
Gross operating margin -€4,539
Staff costs -€9,050
Depreciation -€26
Other operating charges -€2,530
Financial income -€57
Financial charges +€345
Taxes +€1,766
Result 2025 €13,673

Cash bridge derived

cash 2024 to 2025

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.

From operations +€36,483
Investment €0
Financing €0
Cash 2024 €54,473
Net result for the year +€13,673
Depreciation +€6,840
Stocks and contracts +€222
Receivables within one year +€2,980
Trade debts +€25,032
Tax, wage and social debts -€13,343
Other debts -€311
Accrued charges and deferred income +€1,389
Cash 2025 €90,956
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €112,837 €139,277 +€26,440 +23.4%
Fixed assets 21/28 €35,838 €28,997 -€6,840 -19.1%
Tangible fixed assets 22/27 €35,838 €28,997 -€6,840 -19.1%
Plant, machinery and equipment 23 €5,002 €2,687 -€2,315 -46.3%
Furniture and vehicles 24 €879 €665 -€213 -24.3%
Other tangible fixed assets 26 €29,957 €25,645 -€4,312 -14.4%
Current assets 29/58 €77,000 €110,280 +€33,280 +43.2%
Stocks and contracts in progress 3 €18,680 €18,458 -€222 -1.2%
Stocks 30/36 €18,680 €18,458 -€222 -1.2%
Amounts receivable within one year 40/41 €3,846 €866 -€2,980 -77.5%
Trade receivables 40 - €477 +€477
Other amounts receivable 41 €3,846 €389 -€3,457 -89.9%
Cash at bank and in hand 54/58 €54,473 €90,956 +€36,483 +67.0%
Total equity and liabilities 10/49 €112,837 €139,277 +€26,440 +23.4%
Equity 10/15 €60,550 €74,223 +€13,673 +22.6%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €55,550 €69,223 +€13,673 +24.6%
Amounts payable 17/49 €52,288 €65,055 +€12,767 +24.4%
Amounts payable within one year 42/48 €52,288 €63,665 +€11,378 +21.8%
Trade debts 44 €6,706 €31,737 +€25,032 +373.3%
Suppliers 440/4 €6,706 €31,737 +€25,032 +373.3%
Taxes, remuneration and social security 45 €45,271 €31,928 -€13,343 -29.5%
Taxes 450/3 €34,587 €22,020 -€12,567 -36.3%
Remuneration and social security 454/9 €10,684 €9,908 -€776 -7.3%
Other amounts payable 47/48 €311 - -€311
Accrued charges and deferred income 492/3 - €1,389 +€1,389
Goods, raw materials, services and sundry goods 60/61 €360,418 - -€360,418
Remuneration, social security and pensions 62 €121,006 €130,056 +€9,050 +7.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,815 €6,840 +€26 +0.4%
Other operating charges 640/8 €368 €2,898 +€2,530 +687.4%
Gross operating margin 9900 €163,834 €159,295 -€4,539 -2.8%
Operating profit (loss) 9901 €35,645 €19,501 -€16,144 -45.3%
Financial income 75/76B €80 €23 -€57 -70.8%
Recurring financial income 75 €80 €23 -€57 -70.8%
Financial charges 65/66B €836 €491 -€345 -41.3%
Recurring financial charges 65 €836 €491 -€345 -41.3%
Profit (loss) for the period before taxes 9903 €34,889 €19,033 -€15,856 -45.4%
Income taxes 67/77 €7,126 €5,360 -€1,766 -24.8%
Profit (loss) for the period 9904 €27,763 €13,673 -€14,090 -50.8%
Profit (loss) for the period to be appropriated 9905 €27,763 €13,673 -€14,090 -50.8%

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 30 September 2026 via checked.be.