EDB REAL ESTATE: 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.
EDB REAL ESTATE
Largest movements
- Tangible fixed assets -€81,950
down €81,950 (-3.7%), from €2.2m to €2.1m
of which Land and buildings: -€75,869
- Receivables within one year +€76,388
up €76,388 (+28.6%), from €267,217 to €343,605
- Debts after one year -€227,083
down €227,083 (-11.1%), from €2.0m to €1.8m
- Accrued charges and deferred income +€208,950
up €208,950 (+6,972%), from €2,997 to €211,947
- Gross operating margin +€41,696
up €41,696 (+23.6%), from €176,950 to €218,646
- Financial charges -€20,462
down €20,462 (-17.7%), from €115,592 to €95,130
- Other operating charges +€18,310
up €18,310 (+1,569%), from €1,167 to €19,477
- Purchases and services -€4,394
no longer reported in 2025 (was €4,394)
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 | €2,477,358 | €2,470,676 | -€6,682 | -0.3% |
| Formation expenses | 20 | €9,148 | €7,981 | -€1,167 | -12.8% |
| Fixed assets | 21/28 | €2,200,835 | €2,118,885 | -€81,950 | -3.7% |
| Tangible fixed assets | 22/27 | €2,200,835 | €2,118,885 | -€81,950 | -3.7% |
| Land and buildings | 22 | €2,092,892 | €2,017,023 | -€75,869 | -3.6% |
| Other tangible fixed assets | 26 | €107,943 | €101,862 | -€6,081 | -5.6% |
| Current assets | 29/58 | €267,375 | €343,810 | +€76,435 | +28.6% |
| Amounts receivable within one year | 40/41 | €267,217 | €343,605 | +€76,388 | +28.6% |
| Other amounts receivable | 41 | €267,217 | €343,605 | +€76,388 | +28.6% |
| Cash at bank and in hand | 54/58 | €158 | €205 | +€47 | +29.8% |
| Total equity and liabilities | 10/49 | €2,477,358 | €2,470,676 | -€6,682 | -0.3% |
| Equity | 10/15 | €131,577 | €155,095 | +€23,518 | +17.9% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Capital | 10 | €220,000 | €220,000 | = | 0.0% |
| Issued capital | 100 | €220,000 | €220,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,423 | -€64,905 | +€23,518 | +26.6% |
| Amounts payable | 17/49 | €2,345,781 | €2,315,581 | -€30,200 | -1.3% |
| Amounts payable after more than one year | 17 | €2,043,750 | €1,816,667 | -€227,083 | -11.1% |
| Financial debts | 170/4 | €2,043,750 | €1,816,667 | -€227,083 | -11.1% |
| Amounts payable within one year | 42/48 | €299,034 | €286,967 | -€12,067 | -4.0% |
| Financial debts | 43 | €227,083 | €227,083 | +€0 | 0.0% |
| Credit institutions | 430/8 | €227,083 | - | -€227,083 | |
| Other loans | 439 | - | €227,083 | +€227,083 | |
| Trade debts | 44 | €71,951 | €59,884 | -€12,067 | -16.8% |
| Suppliers | 440/4 | €71,951 | €59,884 | -€12,067 | -16.8% |
| Accrued charges and deferred income | 492/3 | €2,997 | €211,947 | +€208,950 | +6,972% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,394 | - | -€4,394 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,950 | €81,950 | = | 0.0% |
| Other operating charges | 640/8 | €1,167 | €19,477 | +€18,310 | +1,569% |
| Gross operating margin | 9900 | €176,950 | €218,646 | +€41,696 | +23.6% |
| Operating profit (loss) | 9901 | €93,833 | €117,219 | +€23,386 | +24.9% |
| Financial income | 75/76B | €3,183 | €1,428 | -€1,755 | -55.1% |
| Recurring financial income | 75 | €3,183 | €1,428 | -€1,755 | -55.1% |
| Financial charges | 65/66B | €115,592 | €95,130 | -€20,462 | -17.7% |
| Recurring financial charges | 65 | €115,592 | €95,130 | -€20,462 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,576 | €23,517 | +€42,093 | |
| Profit (loss) for the period | 9904 | -€18,576 | €23,517 | +€42,093 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,576 | €23,517 | +€42,093 |
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 22 October 2026 via checked.be.