EDARTA: 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.
EDARTA
Largest movements
- Tangible fixed assets +€72,240
up €72,240 (+1667.8%), from €4,331 to €76,571
of which Furniture and vehicles: +€74,348
- Receivables within one year -€17,449
down €17,449 (-43.2%), from €40,384 to €22,935
of which Other amounts receivable: -€11,399
- Cash -€10,753
down €10,753 (-33.6%), from €32,006 to €21,253
mainly Investment in fixed assets (net) (-€77,864) and Current investments (-€3,088)
- Receivables after one year -€8,026
down €8,026 (-100.0%), from €8,026 to €0
- Current investments +€3,088
up €3,088 (+2.4%), from €126,275 to €129,363
- Reserves +€17,400
up €17,400 (+34.9%), from €49,860 to €67,260
- Other debts +€11,214
up €11,214, from €0 to €11,214
- Tax, wage and social debts +€11,029
up €11,029, from €0 to €11,029
of which Taxes: +€11,029
- Gross operating margin +€36,818
up €36,818, from -€14,608 to €22,210
- Financial income -€13,076
down €13,076 (-79.6%), from €16,431 to €3,354
- Depreciation +€2,454
up €2,454 (+77.4%), from €3,171 to €5,625
- Taxes +€1,708
up €1,708 (+744.6%), from €229 to €1,938
- Financial charges -€1,346
down €1,346 (-97.4%), from €1,382 to €36
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 | €211,550 | €250,994 | +€39,444 | +18.6% |
| Fixed assets | 21/28 | €4,331 | €76,571 | +€72,240 | +1667.8% |
| Tangible fixed assets | 22/27 | €4,331 | €76,571 | +€72,240 | +1667.8% |
| Plant, machinery and equipment | 23 | €4,331 | €2,223 | -€2,108 | -48.7% |
| Furniture and vehicles | 24 | - | €74,348 | +€74,348 | |
| Current assets | 29/58 | €207,218 | €174,423 | -€32,795 | -15.8% |
| Amounts receivable after more than one year | 29 | €8,026 | €0 | -€8,026 | -100.0% |
| Other amounts receivable | 291 | €8,026 | €0 | -€8,026 | -100.0% |
| Amounts receivable within one year | 40/41 | €40,384 | €22,935 | -€17,449 | -43.2% |
| Trade receivables | 40 | €6,050 | €0 | -€6,050 | -100.0% |
| Other amounts receivable | 41 | €34,334 | €22,935 | -€11,399 | -33.2% |
| Current investments | 50/53 | €126,275 | €129,363 | +€3,088 | +2.4% |
| Cash at bank and in hand | 54/58 | €32,006 | €21,253 | -€10,753 | -33.6% |
| Deferred charges and accrued income | 490/1 | €527 | €872 | +€345 | +65.5% |
| Total equity and liabilities | 10/49 | €211,550 | €250,994 | +€39,444 | +18.6% |
| Equity | 10/15 | €206,177 | €223,642 | +€17,465 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,860 | €67,260 | +€17,400 | +34.9% |
| Distributable reserves | 133 | €49,860 | €67,260 | +€17,400 | +34.9% |
| Profit (loss) carried forward | 14 | €137,717 | €137,782 | +€65 | 0.0% |
| Amounts payable | 17/49 | €5,373 | €27,352 | +€21,979 | +409.1% |
| Amounts payable within one year | 42/48 | €5,373 | €27,352 | +€21,979 | +409.1% |
| Trade debts | 44 | €5,373 | €5,108 | -€264 | -4.9% |
| Suppliers | 440/4 | €5,373 | €5,108 | -€264 | -4.9% |
| Taxes, remuneration and social security | 45 | €0 | €11,029 | +€11,029 | |
| Taxes | 450/3 | €0 | €11,029 | +€11,029 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €11,214 | +€11,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,171 | €5,625 | +€2,454 | +77.4% |
| Other operating charges | 640/8 | €508 | €501 | -€7 | -1.5% |
| Gross operating margin | 9900 | -€14,608 | €22,210 | +€36,818 | |
| Operating profit (loss) | 9901 | -€18,287 | €16,085 | +€34,372 | |
| Financial income | 75/76B | €16,431 | €3,354 | -€13,076 | -79.6% |
| Recurring financial income | 75 | €16,431 | €3,354 | -€13,076 | -79.6% |
| Financial charges | 65/66B | €1,382 | €36 | -€1,346 | -97.4% |
| Recurring financial charges | 65 | €1,382 | €36 | -€1,346 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,239 | €19,403 | +€22,642 | |
| Income taxes | 67/77 | €229 | €1,938 | +€1,708 | +744.6% |
| Profit (loss) for the period | 9904 | -€3,468 | €17,465 | +€20,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,468 | €17,465 | +€20,933 |
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 3 October 2026 via checked.be.