Edece: 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.
Edece
Largest movements
- Tangible fixed assets -€8,759
down €8,759 (-4.3%), from €203,807 to €195,048
- Provisions -€70,028
down €70,028 (-100.0%), from €70,028 to €0
- Profit (loss) carried forward +€47,455
up €47,455 (+62.3%), from -€76,122 to -€28,667
- Other debts +€13,294
up €13,294 (+10.0%), from €133,249 to €146,543
- Trade debts +€7,198
up €7,198 (+5712.6%), from €126 to €7,324
- Reserves -€5,615
down €5,615 (-9.6%), from €58,489 to €52,873
- Gross operating margin +€37,244
up €37,244 (+198.2%), from €18,793 to €56,037
- Provisions -€8,051
down €8,051 (-100.0%), from €8,051 to €0
- Taxes +€2,600
new in 2025: €2,600
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 | €205,769 | €200,673 | -€5,096 | -2.5% |
| Fixed assets | 21/28 | €203,807 | €195,048 | -€8,759 | -4.3% |
| Tangible fixed assets | 22/27 | €203,807 | €195,048 | -€8,759 | -4.3% |
| Land and buildings | 22 | €203,807 | €195,048 | -€8,759 | -4.3% |
| Current assets | 29/58 | €1,962 | €5,625 | +€3,663 | +186.7% |
| Amounts receivable within one year | 40/41 | - | €1,795 | +€1,795 | |
| Other amounts receivable | 41 | - | €1,795 | +€1,795 | |
| Cash at bank and in hand | 54/58 | €1,962 | €3,829 | +€1,867 | +95.2% |
| Total equity and liabilities | 10/49 | €205,769 | €200,673 | -€5,096 | -2.5% |
| Equity | 10/15 | €2,366 | €44,206 | +€41,840 | +1768.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €58,489 | €52,873 | -€5,615 | -9.6% |
| Tax-exempt reserves | 132 | €58,489 | €52,873 | -€5,615 | -9.6% |
| Profit (loss) carried forward | 14 | -€76,122 | -€28,667 | +€47,455 | +62.3% |
| Provisions and deferred taxes | 16 | €70,028 | €0 | -€70,028 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €70,028 | €0 | -€70,028 | -100.0% |
| Other liabilities and charges | 164/5 | €70,028 | €0 | -€70,028 | -100.0% |
| Amounts payable | 17/49 | €133,375 | €156,467 | +€23,092 | +17.3% |
| Amounts payable within one year | 42/48 | €133,375 | €156,467 | +€23,092 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €126 | €7,324 | +€7,198 | +5712.6% |
| Suppliers | 440/4 | €126 | €7,324 | +€7,198 | +5712.6% |
| Taxes, remuneration and social security | 45 | - | €2,600 | +€2,600 | |
| Taxes | 450/3 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €133,249 | €146,543 | +€13,294 | +10.0% |
| Non-recurring operating income | 76A | €12,500 | €60,861 | +€48,361 | +386.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,759 | €8,759 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8,051 | €0 | -€8,051 | -100.0% |
| Other operating charges | 640/8 | €2,155 | €2,221 | +€66 | +3.1% |
| Gross operating margin | 9900 | €18,793 | €56,037 | +€37,244 | +198.2% |
| Operating profit (loss) | 9901 | -€173 | €45,056 | +€45,229 | |
| Financial charges | 65/66B | €737 | €617 | -€121 | -16.4% |
| Recurring financial charges | 65 | €737 | €617 | -€121 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€910 | €44,440 | +€45,349 | |
| Income taxes | 67/77 | - | €2,600 | +€2,600 | |
| Profit (loss) for the period | 9904 | -€910 | €41,840 | +€42,749 | |
| Transfer from tax-exempt reserves | 789 | €5,615 | €5,615 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,706 | €47,455 | +€42,749 | +908.5% |
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 29 September 2026 via checked.be.