EDCELEC: 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.
EDCELEC
Largest movements
- Cash -€5,955
down €5,955 (-19.4%), from €30,737 to €24,782
mainly Trade debts (-€9,636)
- Trade debts -€9,636
down €9,636 (-97.8%), from €9,855 to €218
- Profit (loss) carried forward +€2,051
up €2,051 (+43.4%), from €4,729 to €6,780
- Tax, wage and social debts +€1,560
up €1,560 (+15.2%), from €10,274 to €11,834
of which Remuneration and social security: +€1,810
- Staff costs -€1,773
down €1,773 (-3.6%), from €49,193 to €47,420
- Gross operating margin -€1,474
down €1,474 (-2.8%), from €52,579 to €51,105
- Taxes -€825
down €825 (-49.7%), from €1,662 to €837
- Financial charges +€548
up €548 (+221%), from €248 to €797
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 | €48,284 | €42,259 | -€6,025 | -12.5% |
| Current assets | 29/58 | €48,284 | €42,259 | -€6,025 | -12.5% |
| Amounts receivable within one year | 40/41 | €17,547 | €17,477 | -€70 | -0.4% |
| Trade receivables | 40 | €16,530 | €15,125 | -€1,406 | -8.5% |
| Other amounts receivable | 41 | €1,016 | €2,352 | +€1,336 | +131% |
| Cash at bank and in hand | 54/58 | €30,737 | €24,782 | -€5,955 | -19.4% |
| Total equity and liabilities | 10/49 | €48,284 | €42,259 | -€6,025 | -12.5% |
| Equity | 10/15 | €15,365 | €17,416 | +€2,051 | +13.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €635 | €635 | = | 0.0% |
| Non-distributable reserves | 130/1 | €635 | €635 | = | 0.0% |
| Reserves not available under the articles | 1311 | €635 | €635 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,729 | €6,780 | +€2,051 | +43.4% |
| Amounts payable | 17/49 | €32,919 | €24,843 | -€8,076 | -24.5% |
| Amounts payable within one year | 42/48 | €32,919 | €24,843 | -€8,076 | -24.5% |
| Trade debts | 44 | €9,855 | €218 | -€9,636 | -97.8% |
| Suppliers | 440/4 | €9,855 | €218 | -€9,636 | -97.8% |
| Taxes, remuneration and social security | 45 | €10,274 | €11,834 | +€1,560 | +15.2% |
| Taxes | 450/3 | €3,615 | €3,366 | -€250 | -6.9% |
| Remuneration and social security | 454/9 | €6,659 | €8,468 | +€1,810 | +27.2% |
| Other amounts payable | 47/48 | €12,790 | €12,790 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €49,193 | €47,420 | -€1,773 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57 | - | -€57 | |
| Other operating charges | 640/8 | €198 | - | -€198 | |
| Gross operating margin | 9900 | €52,579 | €51,105 | -€1,474 | -2.8% |
| Operating profit (loss) | 9901 | €3,130 | €3,685 | +€554 | +17.7% |
| Financial charges | 65/66B | €248 | €797 | +€548 | +221% |
| Recurring financial charges | 65 | €248 | €797 | +€548 | +221% |
| Profit (loss) for the period before taxes | 9903 | €2,882 | €2,888 | +€6 | +0.2% |
| Income taxes | 67/77 | €1,662 | €837 | -€825 | -49.7% |
| Profit (loss) for the period | 9904 | €1,220 | €2,051 | +€832 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,220 | €2,051 | +€832 | +68.2% |
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 20 October 2026 via checked.be.