EDEL DRIESEN: 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.
EDEL DRIESEN
Largest movements
- Tangible fixed assets +€39,059
up €39,059 (+144.5%), from €27,022 to €66,081
of which Furniture and vehicles: +€36,375
- Receivables within one year +€12,958
up €12,958 (+38.9%), from €33,319 to €46,277
of which Other amounts receivable: +€13,038
- Cash -€10,096
down €10,096 (-8.8%), from €114,360 to €104,264
mainly Contributions, distributions and other (-€97,680) and Investment in fixed assets (net) (-€48,457)
- Other debts +€86,283
up €86,283 (+757.1%), from €11,397 to €97,680
- Reserves -€58,688
down €58,688 (-34.8%), from €168,704 to €110,016
- Debts after one year +€12,821
new in 2025: €12,821
- Current portion of long-term debt +€4,827
up €4,827, from €0 to €4,827
- Tax, wage and social debts -€3,005
down €3,005 (-27.9%), from €10,779 to €7,773
- Gross operating margin +€6,199
up €6,199 (+10.5%), from €59,296 to €65,495
- Taxes +€2,476
up €2,476 (+15.3%), from €16,158 to €18,634
- Depreciation -€1,411
down €1,411 (-13.1%), from €10,809 to €9,397
- Financial income +€998
up €998 (+53.1%), from €1,878 to €2,875
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 | €191,874 | €234,541 | +€42,668 | +22.2% |
| Fixed assets | 21/28 | €27,022 | €66,081 | +€39,059 | +144.5% |
| Tangible fixed assets | 22/27 | €27,022 | €66,081 | +€39,059 | +144.5% |
| Plant, machinery and equipment | 23 | €291 | €6,658 | +€6,366 | +2184.8% |
| Furniture and vehicles | 24 | €5,706 | €42,081 | +€36,375 | +637.5% |
| Other tangible fixed assets | 26 | €21,024 | €17,342 | -€3,682 | -17.5% |
| Current assets | 29/58 | €164,852 | €168,461 | +€3,609 | +2.2% |
| Amounts receivable after more than one year | 29 | €16,433 | €17,090 | +€657 | +4.0% |
| Other amounts receivable | 291 | €16,433 | €17,090 | +€657 | +4.0% |
| Amounts receivable within one year | 40/41 | €33,319 | €46,277 | +€12,958 | +38.9% |
| Trade receivables | 40 | €10,013 | €9,934 | -€80 | -0.8% |
| Other amounts receivable | 41 | €23,305 | €36,343 | +€13,038 | +55.9% |
| Cash at bank and in hand | 54/58 | €114,360 | €104,264 | -€10,096 | -8.8% |
| Deferred charges and accrued income | 490/1 | €740 | €829 | +€89 | +12.1% |
| Total equity and liabilities | 10/49 | €191,874 | €234,541 | +€42,668 | +22.2% |
| Equity | 10/15 | €168,705 | €110,017 | -€58,688 | -34.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €168,704 | €110,016 | -€58,688 | -34.8% |
| Distributable reserves | 133 | €168,704 | €110,016 | -€58,688 | -34.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,169 | €124,525 | +€101,356 | +437.5% |
| Amounts payable after more than one year | 17 | - | €12,821 | +€12,821 | |
| Financial debts | 170/4 | - | €12,821 | +€12,821 | |
| Amounts payable within one year | 42/48 | €23,169 | €111,704 | +€88,535 | +382.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €4,827 | +€4,827 | |
| Trade debts | 44 | €993 | €1,423 | +€430 | +43.4% |
| Suppliers | 440/4 | €993 | €1,423 | +€430 | +43.4% |
| Taxes, remuneration and social security | 45 | €10,779 | €7,773 | -€3,005 | -27.9% |
| Taxes | 450/3 | €10,779 | €7,773 | -€3,005 | -27.9% |
| Other amounts payable | 47/48 | €11,397 | €97,680 | +€86,283 | +757.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,809 | €9,397 | -€1,411 | -13.1% |
| Other operating charges | 640/8 | €854 | €673 | -€181 | -21.2% |
| Gross operating margin | 9900 | €59,296 | €65,495 | +€6,199 | +10.5% |
| Operating profit (loss) | 9901 | €47,633 | €55,425 | +€7,791 | +16.4% |
| Financial income | 75/76B | €1,878 | €2,875 | +€998 | +53.1% |
| Recurring financial income | 75 | €1,878 | €2,875 | +€998 | +53.1% |
| Financial charges | 65/66B | €239 | €674 | +€435 | +181.8% |
| Recurring financial charges | 65 | €239 | €674 | +€435 | +181.8% |
| Profit (loss) for the period before taxes | 9903 | €49,272 | €57,626 | +€8,354 | +17.0% |
| Income taxes | 67/77 | €16,158 | €18,634 | +€2,476 | +15.3% |
| Profit (loss) for the period | 9904 | €33,114 | €38,992 | +€5,878 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,114 | €38,992 | +€5,878 | +17.8% |
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 12 October 2026 via checked.be.