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.
What changed
EDELWEISS
NACE 47.789, Other retail sale of new goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€51,825
2024 · -€647-€51,178
Equity
€163,144
2024 · €214,969-€51,825
Cash
€209,857
2024 · €213,042-€3,185
Balance sheet total
€678,470
2024 · €530,064+€148,405
Largest movements
Assets
- Tangible fixed assets +€162,819
up €162,819 (+766%), from €21,257 to €184,075
of which Furniture and vehicles: +€140,795
- Receivables within one year -€17,824
down €17,824 (-73.4%), from €24,277 to €6,453
of which Other amounts receivable: -€17,619
Equity and liabilities
- Trade debts +€184,710
up €184,710 (+72.5%), from €254,725 to €439,435
- Profit (loss) carried forward -€51,825
down €51,825 (-48.3%), from €107,194 to €55,369
- Tax, wage and social debts +€11,807
up €11,807 (+21.8%), from €54,160 to €65,967
of which Taxes: +€6,063
Income statement
- Goods and materials -€113,395
down €113,395 (-19.7%), from €576,384 to €462,989
of which Purchases: -€92,767
- Staff costs +€40,464
up €40,464 (+21.1%), from €191,408 to €231,872
- Depreciation +€39,609
up €39,609 (+181%), from €21,840 to €61,450
- Services and other goods +€37,529
up €37,529 (+13.2%), from €284,986 to €322,515
- Turnover -€28,389
down €28,389 (-2.6%), from €1.1m to €1.1m
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.
Result 2024
-€647
Turnover
-€28,389
Other operating income
+€334
Goods and materials
+€113,395
Services and other goods
-€37,529
Staff costs
-€40,464
Depreciation
-€39,609
Other operating charges
-€34
Other operating items
-€19,357
Financial income
+€78
Financial charges
-€2,085
Taxes
+€2,481
Result 2025
-€51,825
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€221,083
Investment
-€224,268
Financing
€0
Cash 2024
€213,042
From operations (derived)
+€221,083
Net result for the year
-€51,825
Depreciation
+€61,450
Stocks and contracts
-€1,114
Receivables within one year
+€17,824
Deferred charges and accrued income
-€5,482
Trade debts
+€184,710
Tax, wage and social debts
+€11,807
Other debts
-€44
Accrued charges and deferred income
+€3,758
Investment (derived)
-€224,268
Investment in fixed assets (net)
-€224,268
Cash 2025
€209,857
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €530,064 | €678,470 | +€148,405 | +28.0% |
| Fixed assets | 21/28 | €21,993 | €184,812 | +€162,819 | +740% |
| Tangible fixed assets | 22/27 | €21,257 | €184,075 | +€162,819 | +766% |
| Furniture and vehicles | 24 | €3,706 | €144,501 | +€140,795 | +3,799% |
| Other tangible fixed assets | 26 | €17,551 | €39,575 | +€22,024 | +125% |
| Financial fixed assets | 28 | €736 | €736 | = | 0.0% |
| Other financial fixed assets | 284/8 | €736 | €736 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €736 | €736 | = | 0.0% |
| Current assets | 29/58 | €508,071 | €493,658 | -€14,413 | -2.8% |
| Stocks and contracts in progress | 3 | €267,886 | €269,000 | +€1,114 | +0.4% |
| Stocks | 30/36 | €267,886 | €269,000 | +€1,114 | +0.4% |
| Goods purchased for resale | 34 | €267,886 | €269,000 | +€1,114 | +0.4% |
| Amounts receivable within one year | 40/41 | €24,277 | €6,453 | -€17,824 | -73.4% |
| Trade receivables | 40 | €1,300 | €1,095 | -€205 | -15.8% |
| Other amounts receivable | 41 | €22,977 | €5,358 | -€17,619 | -76.7% |
| Cash at bank and in hand | 54/58 | €213,042 | €209,857 | -€3,185 | -1.5% |
| Deferred charges and accrued income | 490/1 | €2,866 | €8,348 | +€5,482 | +191% |
| Total equity and liabilities | 10/49 | €530,064 | €678,470 | +€148,405 | +28.0% |
| Equity | 10/15 | €214,969 | €163,144 | -€51,825 | -24.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €7,775 | €7,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,775 | €7,775 | = | 0.0% |
| Legal reserve | 130 | €7,775 | €7,775 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,194 | €55,369 | -€51,825 | -48.3% |
| Amounts payable | 17/49 | €315,095 | €515,325 | +€200,230 | +63.5% |
| Amounts payable within one year | 42/48 | €309,010 | €505,483 | +€196,472 | +63.6% |
| Trade debts | 44 | €254,725 | €439,435 | +€184,710 | +72.5% |
| Suppliers | 440/4 | €254,725 | €439,435 | +€184,710 | +72.5% |
| Taxes, remuneration and social security | 45 | €54,160 | €65,967 | +€11,807 | +21.8% |
| Taxes | 450/3 | €35,077 | €41,141 | +€6,063 | +17.3% |
| Remuneration and social security | 454/9 | €19,083 | €24,827 | +€5,744 | +30.1% |
| Other amounts payable | 47/48 | €125 | €81 | -€44 | -35.6% |
| Accrued charges and deferred income | 492/3 | €6,085 | €9,843 | +€3,758 | +61.8% |
| Operating income | 70/76A | €1,098,488 | €1,070,433 | -€28,055 | -2.6% |
| Turnover | 70 | €1,098,488 | €1,070,099 | -€28,389 | -2.6% |
| Other operating income | 74 | - | €334 | +€334 | |
| Operating charges | 60/66A | €1,079,667 | €1,103,264 | +€23,597 | +2.2% |
| Goods for resale, raw materials and consumables | 60 | €576,384 | €462,989 | -€113,395 | -19.7% |
| Purchases | 600/8 | €556,870 | €464,102 | -€92,767 | -16.7% |
| Change in stocks: decrease (increase) | 609 | €19,514 | -€1,114 | -€20,628 | |
| Services and other goods | 61 | €284,986 | €322,515 | +€37,529 | +13.2% |
| Remuneration, social security and pensions | 62 | €191,408 | €231,872 | +€40,464 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,840 | €61,450 | +€39,609 | +181% |
| Other operating charges | 640/8 | €5,049 | €5,082 | +€34 | +0.7% |
| Non-recurring operating charges | 66A | - | €19,357 | +€19,357 | |
| Operating profit (loss) | 9901 | €18,821 | -€32,831 | -€51,652 | |
| Financial income | 75/76B | €4 | €82 | +€78 | +2,069% |
| Recurring financial income | 75 | €4 | €82 | +€78 | +2,069% |
| Other financial income | 752/9 | €4 | €82 | +€78 | +2,069% |
| Financial charges | 65/66B | €16,991 | €19,076 | +€2,085 | +12.3% |
| Recurring financial charges | 65 | €16,991 | €19,076 | +€2,085 | +12.3% |
| Other financial charges | 652/9 | €16,991 | €19,076 | +€2,085 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €1,834 | -€51,825 | -€53,659 | |
| Income taxes | 67/77 | €2,481 | €0 | -€2,481 | -100.0% |
| Taxes | 670/3 | €2,481 | €0 | -€2,481 | -100.0% |
| Profit (loss) for the period | 9904 | -€647 | -€51,825 | -€51,178 | -7,912% |
| Profit (loss) for the period to be appropriated | 9905 | -€647 | -€51,825 | -€51,178 | -7,912% |
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 16 October 2026 via checked.be.