EDEL EXPRESS: 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 EXPRESS
Largest movements
- Tangible fixed assets -€139,816
no longer reported in 2025 (was €139,816)
of which Other tangible fixed assets: -€127,553
- Stocks and contracts -€74,453
no longer reported in 2025 (was €74,453)
- Receivables within one year +€21,690
up €21,690 (+191.7%), from €11,317 to €33,007
- Cash -€18,611
down €18,611 (-14.3%), from €129,745 to €111,134
mainly Trade debts (-€388,512) and Debts after one year (-€106,585)
- Trade debts -€388,512
down €388,512 (-90.5%), from €429,454 to €40,942
- Profit (loss) carried forward +€262,527
up €262,527 (+76.2%), from -€344,587 to -€82,060
- Debts after one year -€106,585
down €106,585 (-91.4%), from €116,585 to €10,000
- Short-term financial debts +€89,607
new in 2025: €89,607
- Current portion of long-term debt -€51,265
down €51,265 (-97.0%), from €52,847 to €1,583
- Gross operating margin +€338,803
up €338,803 (+320.1%), from €105,841 to €444,644
- Other operating charges +€133,208
up €133,208 (+22871.0%), from €582 to €133,790
- Depreciation -€65,301
down €65,301 (-91.1%), from €71,694 to €6,392
- Staff costs -€18,708
down €18,708 (-39.7%), from €47,119 to €28,411
- Financial income +€13,876
up €13,876 (+456438.5%), from €3 to €13,879
of which Non-recurring financial income: +€13,766
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 | €356,654 | €144,141 | -€212,513 | -59.6% |
| Fixed assets | 21/28 | €140,140 | - | -€140,140 | |
| Tangible fixed assets | 22/27 | €139,816 | - | -€139,816 | |
| Plant, machinery and equipment | 23 | €5,871 | - | -€5,871 | |
| Furniture and vehicles | 24 | €6,392 | - | -€6,392 | |
| Other tangible fixed assets | 26 | €127,553 | - | -€127,553 | |
| Financial fixed assets | 28 | €324 | - | -€324 | |
| Current assets | 29/58 | €216,515 | €144,141 | -€72,373 | -33.4% |
| Stocks and contracts in progress | 3 | €74,453 | - | -€74,453 | |
| Stocks | 30/36 | €74,453 | - | -€74,453 | |
| Amounts receivable within one year | 40/41 | €11,317 | €33,007 | +€21,690 | +191.7% |
| Other amounts receivable | 41 | €11,317 | €33,007 | +€21,690 | +191.7% |
| Cash at bank and in hand | 54/58 | €129,745 | €111,134 | -€18,611 | -14.3% |
| Deferred charges and accrued income | 490/1 | €1,000 | - | -€1,000 | |
| Total equity and liabilities | 10/49 | €356,654 | €144,141 | -€212,513 | -59.6% |
| Equity | 10/15 | -€274,587 | -€12,060 | +€262,527 | +95.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€344,587 | -€82,060 | +€262,527 | +76.2% |
| Amounts payable | 17/49 | €631,241 | €156,201 | -€475,040 | -75.3% |
| Amounts payable after more than one year | 17 | €116,585 | €10,000 | -€106,585 | -91.4% |
| Financial debts | 170/4 | €116,585 | €10,000 | -€106,585 | -91.4% |
| Amounts payable within one year | 42/48 | €510,624 | €142,168 | -€368,455 | -72.2% |
| Current portion of amounts payable after more than one year | 42 | €52,847 | €1,583 | -€51,265 | -97.0% |
| Financial debts | 43 | - | €89,607 | +€89,607 | |
| Credit institutions | 430/8 | - | €89,607 | +€89,607 | |
| Trade debts | 44 | €429,454 | €40,942 | -€388,512 | -90.5% |
| Suppliers | 440/4 | €429,454 | €40,942 | -€388,512 | -90.5% |
| Taxes, remuneration and social security | 45 | €28,322 | €6,874 | -€21,448 | -75.7% |
| Taxes | 450/3 | €1,230 | €831 | -€399 | -32.4% |
| Remuneration and social security | 454/9 | €27,091 | €6,043 | -€21,049 | -77.7% |
| Other amounts payable | 47/48 | - | €3,162 | +€3,162 | |
| Accrued charges and deferred income | 492/3 | €4,033 | €4,033 | = | 0.0% |
| Non-recurring operating income | 76A | €6,821 | - | -€6,821 | |
| Remuneration, social security and pensions | 62 | €47,119 | €28,411 | -€18,708 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,694 | €6,392 | -€65,301 | -91.1% |
| Other operating charges | 640/8 | €582 | €133,790 | +€133,208 | +22871.0% |
| Non-recurring operating charges | 66A | €15,525 | - | -€15,525 | |
| Gross operating margin | 9900 | €105,841 | €444,644 | +€338,803 | +320.1% |
| Operating profit (loss) | 9901 | -€29,078 | €276,051 | +€305,129 | |
| Financial income | 75/76B | €3 | €13,879 | +€13,876 | +456438.5% |
| Recurring financial income | 75 | €3 | €113 | +€110 | +3608.9% |
| Non-recurring financial income | 76B | - | €13,766 | +€13,766 | |
| Financial charges | 65/66B | €30,016 | €27,299 | -€2,716 | -9.0% |
| Recurring financial charges | 65 | €30,016 | €26,976 | -€3,040 | -10.1% |
| Non-recurring financial charges | 66B | - | €324 | +€324 | |
| Profit (loss) for the period before taxes | 9903 | -€59,091 | €262,630 | +€321,722 | |
| Income taxes | 67/77 | €103 | €103 | +€1 | +0.8% |
| Profit (loss) for the period | 9904 | -€59,194 | €262,527 | +€321,721 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,194 | €262,527 | +€321,721 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.