Edelbeton: 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.
Edelbeton
Largest movements
- Tangible fixed assets +€832,835
up €832,835 (+135%), from €615,611 to €1.4m
of which Land and buildings: +€824,499
- Receivables within one year -€108,721
no longer reported in 2025 (was €108,721)
- Cash +€47,453
up €47,453 (+418%), from €11,346 to €58,799
mainly Debts after one year (+€726,501) and Receivables within one year (+€108,721)
- Debts after one year +€726,501
up €726,501 (+124%), from €587,359 to €1.3m
- Profit (loss) carried forward +€90,523
up €90,523 (+5.1%), from -€1.8m to -€1.7m
- Trade debts -€62,779
down €62,779 (-64.6%), from €97,167 to €34,388
- Gross operating margin +€34,404
up €34,404 (+19.9%), from €173,209 to €207,613
- Other operating charges +€19,341
up €19,341 (+73.8%), from €26,210 to €45,550
- Financial charges +€14,990
up €14,990 (+40.4%), from €37,120 to €52,109
- Depreciation -€10,730
down €10,730 (-35.6%), from €30,161 to €19,431
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 | €751,262 | €1,519,408 | +€768,146 | +102% |
| Fixed assets | 21/28 | €615,628 | €1,448,463 | +€832,835 | +135% |
| Tangible fixed assets | 22/27 | €615,611 | €1,448,446 | +€832,835 | +135% |
| Land and buildings | 22 | €615,611 | €1,440,110 | +€824,499 | +134% |
| Plant, machinery and equipment | 23 | - | €8,336 | +€8,336 | |
| Financial fixed assets | 28 | €17 | €17 | = | 0.0% |
| Current assets | 29/58 | €135,634 | €70,945 | -€64,689 | -47.7% |
| Amounts receivable within one year | 40/41 | €108,721 | - | -€108,721 | |
| Trade receivables | 40 | €108,721 | - | -€108,721 | |
| Cash at bank and in hand | 54/58 | €11,346 | €58,799 | +€47,453 | +418% |
| Deferred charges and accrued income | 490/1 | €15,567 | €12,146 | -€3,421 | -22.0% |
| Total equity and liabilities | 10/49 | €751,262 | €1,519,408 | +€768,146 | +102% |
| Equity | 10/15 | -€435,773 | -€345,250 | +€90,523 | +20.8% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Capital | 10 | €620,000 | €620,000 | = | 0.0% |
| Issued capital | 100 | €620,000 | €620,000 | = | 0.0% |
| Reserves | 13 | €716,886 | €716,886 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,440 | €13,440 | = | 0.0% |
| Distributable reserves | 133 | €678,656 | €678,656 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,772,659 | -€1,682,135 | +€90,523 | +5.1% |
| Amounts payable | 17/49 | €1,187,035 | €1,864,658 | +€677,623 | +57.1% |
| Amounts payable after more than one year | 17 | €587,359 | €1,313,860 | +€726,501 | +124% |
| Financial debts | 170/4 | €587,359 | €1,313,860 | +€726,501 | +124% |
| Amounts payable within one year | 42/48 | €591,363 | €534,135 | -€57,228 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €148,960 | €156,164 | +€7,204 | +4.8% |
| Trade debts | 44 | €97,167 | €34,388 | -€62,779 | -64.6% |
| Suppliers | 440/4 | €97,167 | €34,388 | -€62,779 | -64.6% |
| Taxes, remuneration and social security | 45 | €5,720 | €4,067 | -€1,653 | -28.9% |
| Taxes | 450/3 | €5,720 | €4,067 | -€1,653 | -28.9% |
| Other amounts payable | 47/48 | €339,517 | €339,517 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,313 | €16,663 | +€8,350 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,161 | €19,431 | -€10,730 | -35.6% |
| Other operating charges | 640/8 | €26,210 | €45,550 | +€19,341 | +73.8% |
| Gross operating margin | 9900 | €173,209 | €207,613 | +€34,404 | +19.9% |
| Operating profit (loss) | 9901 | €116,838 | €142,632 | +€25,794 | +22.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €37,120 | €52,109 | +€14,990 | +40.4% |
| Recurring financial charges | 65 | €37,120 | €52,109 | +€14,990 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €79,719 | €90,523 | +€10,805 | +13.6% |
| Profit (loss) for the period | 9904 | €79,719 | €90,523 | +€10,805 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €79,719 | €90,523 | +€10,805 | +13.6% |
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 1 November 2026 via checked.be.