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
- Current investments +€200,000
new in 2025: €200,000
- Cash -€182,242
down €182,242 (-91.6%), from €199,036 to €16,794
mainly Current investments (-€200,000) and Investment in fixed assets (net) (-€6,500)
- Profit (loss) carried forward +€18,408
up €18,408 (+10.4%), from €176,786 to €195,194
- Financial income -€1,433
down €1,433 (-28.4%), from €5,037 to €3,605
- Taxes -€487
down €487 (-7.5%), from €6,483 to €5,996
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 | €259,356 | €279,679 | +€20,323 | +7.8% |
| Fixed assets | 21/28 | €59,792 | €61,220 | +€1,429 | +2.4% |
| Tangible fixed assets | 22/27 | €59,792 | €61,220 | +€1,429 | +2.4% |
| Land and buildings | 22 | €59,792 | €61,220 | +€1,429 | +2.4% |
| Current assets | 29/58 | €199,564 | €218,458 | +€18,894 | +9.5% |
| Amounts receivable within one year | 40/41 | €528 | €528 | = | 0.0% |
| Other amounts receivable | 41 | €528 | €528 | = | 0.0% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €199,036 | €16,794 | -€182,242 | -91.6% |
| Deferred charges and accrued income | 490/1 | - | €1,136 | +€1,136 | |
| Total equity and liabilities | 10/49 | €259,356 | €279,679 | +€20,323 | +7.8% |
| Equity | 10/15 | €259,356 | €277,764 | +€18,408 | +7.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €20,570 | €20,570 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €14,370 | €14,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,786 | €195,194 | +€18,408 | +10.4% |
| Amounts payable | 17/49 | €0 | €1,915 | +€1,915 | |
| Amounts payable within one year | 42/48 | €0 | €1,915 | +€1,915 | |
| Taxes, remuneration and social security | 45 | €0 | €1,915 | +€1,915 | |
| Taxes | 450/3 | €0 | €1,915 | +€1,915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €5,071 | +€71 | +1.4% |
| Other operating charges | 640/8 | €1,297 | €1,337 | +€40 | +3.1% |
| Gross operating margin | 9900 | €27,244 | €27,262 | +€18 | +0.1% |
| Operating profit (loss) | 9901 | €20,948 | €20,854 | -€94 | -0.4% |
| Financial income | 75/76B | €5,037 | €3,605 | -€1,433 | -28.4% |
| Recurring financial income | 75 | €5,037 | €3,605 | -€1,433 | -28.4% |
| Financial charges | 65/66B | €53 | €54 | +€2 | +2.9% |
| Recurring financial charges | 65 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €25,933 | €24,404 | -€1,528 | -5.9% |
| Income taxes | 67/77 | €6,483 | €5,996 | -€487 | -7.5% |
| Profit (loss) for the period | 9904 | €19,449 | €18,408 | -€1,041 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,449 | €18,408 | -€1,041 | -5.4% |
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 14 October 2026 via checked.be.