EDELWEISS: 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.
EDELWEISS
Largest movements
- Receivables within one year +€11,622
up €11,622 (+1.2%), from €977,004 to €988,626
of which Other amounts receivable: +€17,738
- Short-term financial debts +€26,071
up €26,071 (+265%), from €9,823 to €35,894
- Tax, wage and social debts -€17,769
down €17,769 (-21.6%), from €82,419 to €64,650
of which Taxes: -€12,734
- Trade debts -€10,529
down €10,529 (-24.3%), from €43,294 to €32,764
- Gross operating margin -€55,370
down €55,370 (-40.3%), from €137,359 to €81,989
- Taxes +€4,899
up €4,899, from -€1,088 to €3,811
- Other operating charges -€2,543
down €2,543 (-65.9%), from €3,862 to €1,318
- Depreciation +€2,331
up €2,331 (+48.3%), from €4,824 to €7,155
- Financial income +€1,698
up €1,698 (+8.9%), from €19,134 to €20,832
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 | €1,002,848 | €1,007,316 | +€4,467 | +0.4% |
| Fixed assets | 21/28 | €25,842 | €18,688 | -€7,155 | -27.7% |
| Tangible fixed assets | 22/27 | €25,842 | €18,688 | -€7,155 | -27.7% |
| Plant, machinery and equipment | 23 | €2,330 | €698 | -€1,632 | -70.0% |
| Furniture and vehicles | 24 | €23,512 | €17,989 | -€5,523 | -23.5% |
| Current assets | 29/58 | €977,006 | €988,628 | +€11,622 | +1.2% |
| Amounts receivable within one year | 40/41 | €977,004 | €988,626 | +€11,622 | +1.2% |
| Trade receivables | 40 | €47,851 | €41,734 | -€6,116 | -12.8% |
| Other amounts receivable | 41 | €929,153 | €946,892 | +€17,738 | +1.9% |
| Cash at bank and in hand | 54/58 | €2 | €2 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,002,848 | €1,007,316 | +€4,467 | +0.4% |
| Equity | 10/15 | €785,403 | €792,574 | +€7,171 | +0.9% |
| Contributions | 10/11 | €18,352 | €18,352 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €765,191 | €772,362 | +€7,171 | +0.9% |
| Amounts payable | 17/49 | €217,445 | €214,741 | -€2,704 | -1.2% |
| Amounts payable within one year | 42/48 | €216,969 | €214,741 | -€2,228 | -1.0% |
| Financial debts | 43 | €9,823 | €35,894 | +€26,071 | +265% |
| Credit institutions | 430/8 | €9,823 | €35,894 | +€26,071 | +265% |
| Trade debts | 44 | €43,294 | €32,764 | -€10,529 | -24.3% |
| Suppliers | 440/4 | €43,294 | €32,764 | -€10,529 | -24.3% |
| Taxes, remuneration and social security | 45 | €82,419 | €64,650 | -€17,769 | -21.6% |
| Taxes | 450/3 | €54,937 | €42,203 | -€12,734 | -23.2% |
| Remuneration and social security | 454/9 | €27,482 | €22,447 | -€5,036 | -18.3% |
| Other amounts payable | 47/48 | €81,433 | €81,433 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €476 | - | -€476 | |
| Remuneration, social security and pensions | 62 | €81,014 | €79,885 | -€1,130 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,824 | €7,155 | +€2,331 | +48.3% |
| Other operating charges | 640/8 | €3,862 | €1,318 | -€2,543 | -65.9% |
| Gross operating margin | 9900 | €137,359 | €81,989 | -€55,370 | -40.3% |
| Operating profit (loss) | 9901 | €47,659 | -€6,369 | -€54,028 | |
| Financial income | 75/76B | €19,134 | €20,832 | +€1,698 | +8.9% |
| Recurring financial income | 75 | €19,134 | €20,832 | +€1,698 | +8.9% |
| Financial charges | 65/66B | €4,621 | €3,481 | -€1,140 | -24.7% |
| Recurring financial charges | 65 | €4,621 | €3,481 | -€1,140 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €62,172 | €10,982 | -€51,191 | -82.3% |
| Income taxes | 67/77 | -€1,088 | €3,811 | +€4,899 | |
| Profit (loss) for the period | 9904 | €63,261 | €7,171 | -€56,089 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,261 | €7,171 | -€56,089 | -88.7% |
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 13 October 2026 via checked.be.