Edelrot: 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.
Edelrot
Largest movements
- Cash +€22,067
up €22,067 (+121%), from €18,190 to €40,256
mainly Other debts (+€25,885) and Net result for the year (+€17,537)
- Tangible fixed assets -€11,396
down €11,396 (-29.7%), from €38,317 to €26,921
of which Plant, machinery and equipment: -€6,393
- Stocks and contracts -€2,721
down €2,721 (-3.0%), from €90,429 to €87,708
- Receivables within one year +€2,201
up €2,201 (+78.0%), from €2,822 to €5,023
of which Trade receivables: +€1,517
- Other debts +€25,885
up €25,885 (+22.2%), from €116,662 to €142,547
- Trade debts -€18,872
down €18,872 (-47.0%), from €40,117 to €21,245
- Profit (loss) carried forward +€17,537
up €17,537 (+11.8%), from -€148,052 to -€130,515
- Debts after one year -€17,443
down €17,443 (-29.9%), from €58,349 to €40,907
- Tax, wage and social debts +€3,276
up €3,276 (+5.0%), from €65,595 to €68,872
of which Remuneration and social security: +€1,833
- Staff costs +€25,529
up €25,529 (+12.0%), from €212,860 to €238,390
- Gross operating margin +€15,740
up €15,740 (+6.1%), from €259,118 to €274,859
- Depreciation -€5,960
down €5,960 (-32.2%), from €18,495 to €12,535
- Other operating charges -€5,343
down €5,343 (-51.2%), from €10,426 to €5,084
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 | €159,829 | €169,729 | +€9,900 | +6.2% |
| Fixed assets | 21/28 | €46,285 | €34,889 | -€11,396 | -24.6% |
| Tangible fixed assets | 22/27 | €38,317 | €26,921 | -€11,396 | -29.7% |
| Plant, machinery and equipment | 23 | €14,424 | €8,030 | -€6,393 | -44.3% |
| Furniture and vehicles | 24 | €1,543 | €40 | -€1,504 | -97.4% |
| Other tangible fixed assets | 26 | €22,350 | €18,851 | -€3,499 | -15.7% |
| Financial fixed assets | 28 | €7,968 | €7,968 | = | 0.0% |
| Current assets | 29/58 | €113,544 | €134,839 | +€21,296 | +18.8% |
| Stocks and contracts in progress | 3 | €90,429 | €87,708 | -€2,721 | -3.0% |
| Stocks | 30/36 | €90,429 | €87,708 | -€2,721 | -3.0% |
| Amounts receivable within one year | 40/41 | €2,822 | €5,023 | +€2,201 | +78.0% |
| Trade receivables | 40 | €1,201 | €2,718 | +€1,517 | +126% |
| Other amounts receivable | 41 | €1,621 | €2,305 | +€684 | +42.2% |
| Cash at bank and in hand | 54/58 | €18,190 | €40,256 | +€22,067 | +121% |
| Deferred charges and accrued income | 490/1 | €2,102 | €1,851 | -€251 | -11.9% |
| Total equity and liabilities | 10/49 | €159,829 | €169,729 | +€9,900 | +6.2% |
| Equity | 10/15 | -€139,542 | -€122,005 | +€17,537 | +12.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,310 | €2,310 | = | 0.0% |
| Distributable reserves | 133 | €2,310 | €2,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,052 | -€130,515 | +€17,537 | +11.8% |
| Amounts payable | 17/49 | €299,371 | €291,734 | -€7,637 | -2.6% |
| Amounts payable after more than one year | 17 | €58,349 | €40,907 | -€17,443 | -29.9% |
| Financial debts | 170/4 | €58,349 | €40,907 | -€17,443 | -29.9% |
| Amounts payable within one year | 42/48 | €241,022 | €250,827 | +€9,806 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €18,648 | €18,164 | -€484 | -2.6% |
| Trade debts | 44 | €40,117 | €21,245 | -€18,872 | -47.0% |
| Suppliers | 440/4 | €40,117 | €21,245 | -€18,872 | -47.0% |
| Taxes, remuneration and social security | 45 | €65,595 | €68,872 | +€3,276 | +5.0% |
| Taxes | 450/3 | €27,255 | €28,698 | +€1,444 | +5.3% |
| Remuneration and social security | 454/9 | €38,341 | €40,174 | +€1,833 | +4.8% |
| Other amounts payable | 47/48 | €116,662 | €142,547 | +€25,885 | +22.2% |
| Remuneration, social security and pensions | 62 | €212,860 | €238,390 | +€25,529 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,495 | €12,535 | -€5,960 | -32.2% |
| Other operating charges | 640/8 | €10,426 | €5,084 | -€5,343 | -51.2% |
| Gross operating margin | 9900 | €259,118 | €274,859 | +€15,740 | +6.1% |
| Operating profit (loss) | 9901 | €17,337 | €18,851 | +€1,514 | +8.7% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,937 | €1,324 | -€613 | -31.6% |
| Recurring financial charges | 65 | €1,937 | €1,324 | -€613 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €15,400 | €17,537 | +€2,137 | +13.9% |
| Profit (loss) for the period | 9904 | €15,400 | €17,537 | +€2,137 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,400 | €17,537 | +€2,137 | +13.9% |
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 18 October 2026 via checked.be.