EDEL Services: 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 Services
Largest movements
- Cash +€48,239
up €48,239 (+797%), from €6,051 to €54,290
mainly Net result for the year (+€56,497) and Trade debts (+€10,480)
- Stocks and contracts -€6,901
down €6,901 (-60.4%), from €11,433 to €4,533
- Deferred charges and accrued income +€3,323
up €3,323 (+35.7%), from €9,304 to €12,627
- Intangible fixed assets -€3,306
down €3,306 (-21.4%), from €15,477 to €12,171
- Receivables within one year +€1,504
up €1,504 (+12.5%), from €12,073 to €13,576
of which Trade receivables: +€1,512
- Profit (loss) carried forward +€52,597
up €52,597, from -€52,556 to €41
- Other debts -€19,305
down €19,305 (-90.5%), from €21,326 to €2,021
- Trade debts +€10,480
up €10,480 (+1,429%), from €734 to €11,214
- Debts after one year -€4,918
down €4,918 (-33.8%), from €14,537 to €9,619
- Reserves +€3,900
up €3,900 (+8.4%), from €46,300 to €50,200
- Gross operating margin +€77,302
up €77,302, from -€63,418 to €13,884
- Financial income +€50,407
up €50,407 (+4,354%), from €1,158 to €51,565
- Depreciation +€2,585
up €2,585 (+91.0%), from €2,841 to €5,427
- Taxes +€1,668
up €1,668 (+486%), from €343 to €2,011
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 | €57,092 | €98,854 | +€41,762 | +73.1% |
| Fixed assets | 21/28 | €18,232 | €13,828 | -€4,403 | -24.2% |
| Intangible fixed assets | 21 | €15,477 | €12,171 | -€3,306 | -21.4% |
| Tangible fixed assets | 22/27 | €2,755 | €1,657 | -€1,098 | -39.8% |
| Plant, machinery and equipment | 23 | €450 | €273 | -€177 | -39.3% |
| Furniture and vehicles | 24 | €2,305 | €1,384 | -€921 | -39.9% |
| Current assets | 29/58 | €38,861 | €85,026 | +€46,165 | +119% |
| Stocks and contracts in progress | 3 | €11,433 | €4,533 | -€6,901 | -60.4% |
| Stocks | 30/36 | €11,433 | €4,533 | -€6,901 | -60.4% |
| Amounts receivable within one year | 40/41 | €12,073 | €13,576 | +€1,504 | +12.5% |
| Trade receivables | 40 | €12,064 | €13,576 | +€1,512 | +12.5% |
| Other amounts receivable | 41 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €6,051 | €54,290 | +€48,239 | +797% |
| Deferred charges and accrued income | 490/1 | €9,304 | €12,627 | +€3,323 | +35.7% |
| Total equity and liabilities | 10/49 | €57,092 | €98,854 | +€41,762 | +73.1% |
| Equity | 10/15 | €12,344 | €68,841 | +€56,497 | +458% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,300 | €50,200 | +€3,900 | +8.4% |
| Distributable reserves | 133 | €46,300 | €50,200 | +€3,900 | +8.4% |
| Profit (loss) carried forward | 14 | -€52,556 | €41 | +€52,597 | |
| Amounts payable | 17/49 | €44,748 | €30,013 | -€14,736 | -32.9% |
| Amounts payable after more than one year | 17 | €14,537 | €9,619 | -€4,918 | -33.8% |
| Financial debts | 170/4 | €14,537 | €9,619 | -€4,918 | -33.8% |
| Amounts payable within one year | 42/48 | €30,146 | €20,313 | -€9,833 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €4,700 | €4,918 | +€219 | +4.7% |
| Trade debts | 44 | €734 | €11,214 | +€10,480 | +1,429% |
| Suppliers | 440/4 | €734 | €11,214 | +€10,480 | +1,429% |
| Taxes, remuneration and social security | 45 | €3,386 | €2,160 | -€1,227 | -36.2% |
| Taxes | 450/3 | €3,386 | €2,160 | -€1,227 | -36.2% |
| Other amounts payable | 47/48 | €21,326 | €2,021 | -€19,305 | -90.5% |
| Accrued charges and deferred income | 492/3 | €65 | €81 | +€16 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,841 | €5,427 | +€2,585 | +91.0% |
| Other operating charges | 640/8 | €238 | €579 | +€341 | +143% |
| Gross operating margin | 9900 | -€63,418 | €13,884 | +€77,302 | |
| Operating profit (loss) | 9901 | -€66,498 | €7,878 | +€74,376 | |
| Financial income | 75/76B | €1,158 | €51,565 | +€50,407 | +4,354% |
| Recurring financial income | 75 | €1,158 | €51,565 | +€50,407 | +4,354% |
| Financial charges | 65/66B | €1,188 | €935 | -€253 | -21.3% |
| Recurring financial charges | 65 | €1,188 | €935 | -€253 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€66,528 | €58,508 | +€125,036 | |
| Income taxes | 67/77 | €343 | €2,011 | +€1,668 | +486% |
| Profit (loss) for the period | 9904 | -€66,871 | €56,497 | +€123,368 | |
| Profit (loss) for the period to be appropriated | 9905 | -€66,871 | €56,497 | +€123,368 |
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 15 October 2026 via checked.be.