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
- Cash +€7,163
up €7,163 (+30.1%), from €23,812 to €30,975
mainly Depreciation (+€17,983) and Net result for the year (+€13,124)
- Tangible fixed assets -€6,913
down €6,913 (-3.5%), from €198,721 to €191,808
of which Land and buildings: -€9,627
- Current investments -€6,388
down €6,388 (-88.9%), from €7,188 to €800
- Current portion of long-term debt -€18,748
no longer reported in 2025 (was €18,748)
- Reserves +€13,124
up €13,124 (+17.5%), from €74,877 to €88,001
of which Distributable reserves: +€13,124
- Short-term financial debts +€3,386
new in 2025: €3,386
- Tax, wage and social debts -€2,932
down €2,932 (-36.6%), from €8,009 to €5,076
of which Taxes: -€2,932
- Gross operating margin -€9,407
down €9,407 (-19.1%), from €49,268 to €39,860
- Taxes -€3,834
down €3,834 (-49.8%), from €7,704 to €3,870
- Financial charges -€687
down €687 (-21.6%), from €3,181 to €2,494
- Depreciation +€650
up €650 (+3.8%), from €17,333 to €17,983
- Other operating charges +€612
up €612 (+30.0%), from €2,042 to €2,654
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 | €230,351 | €226,204 | -€4,147 | -1.8% |
| Fixed assets | 21/28 | €198,721 | €191,808 | -€6,913 | -3.5% |
| Tangible fixed assets | 22/27 | €198,721 | €191,808 | -€6,913 | -3.5% |
| Land and buildings | 22 | €161,354 | €151,727 | -€9,627 | -6.0% |
| Plant, machinery and equipment | 23 | €4,605 | €4,545 | -€60 | -1.3% |
| Furniture and vehicles | 24 | €17,044 | €12,951 | -€4,093 | -24.0% |
| Other tangible fixed assets | 26 | €15,719 | €22,585 | +€6,867 | +43.7% |
| Current assets | 29/58 | €31,630 | €34,396 | +€2,766 | +8.7% |
| Amounts receivable within one year | 40/41 | €77 | €2,148 | +€2,070 | +2,679% |
| Other amounts receivable | 41 | €77 | €2,148 | +€2,070 | +2,679% |
| Current investments | 50/53 | €7,188 | €800 | -€6,388 | -88.9% |
| Cash at bank and in hand | 54/58 | €23,812 | €30,975 | +€7,163 | +30.1% |
| Deferred charges and accrued income | 490/1 | €553 | €474 | -€79 | -14.3% |
| Total equity and liabilities | 10/49 | €230,351 | €226,204 | -€4,147 | -1.8% |
| Equity | 10/15 | €93,477 | €106,601 | +€13,124 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,877 | €88,001 | +€13,124 | +17.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,017 | €86,141 | +€13,124 | +18.0% |
| Amounts payable | 17/49 | €136,874 | €119,603 | -€17,271 | -12.6% |
| Amounts payable after more than one year | 17 | €46,510 | €46,510 | = | 0.0% |
| Financial debts | 170/4 | €46,510 | €46,510 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,364 | €73,093 | -€17,271 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €18,748 | - | -€18,748 | |
| Financial debts | 43 | - | €3,386 | +€3,386 | |
| Credit institutions | 430/8 | - | €3,386 | +€3,386 | |
| Trade debts | 44 | €6,401 | €5,805 | -€597 | -9.3% |
| Suppliers | 440/4 | €6,401 | €5,805 | -€597 | -9.3% |
| Taxes, remuneration and social security | 45 | €8,009 | €5,076 | -€2,932 | -36.6% |
| Taxes | 450/3 | €7,109 | €4,176 | -€2,932 | -41.2% |
| Remuneration and social security | 454/9 | €900 | €900 | = | 0.0% |
| Other amounts payable | 47/48 | €57,207 | €58,826 | +€1,619 | +2.8% |
| Non-recurring operating income | 76A | €4,812 | €6,619 | +€1,807 | +37.5% |
| Remuneration, social security and pensions | 62 | €91 | - | -€91 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,333 | €17,983 | +€650 | +3.8% |
| Other operating charges | 640/8 | €2,042 | €2,654 | +€612 | +30.0% |
| Gross operating margin | 9900 | €49,268 | €39,860 | -€9,407 | -19.1% |
| Operating profit (loss) | 9901 | €29,802 | €19,223 | -€10,579 | -35.5% |
| Financial income | 75/76B | €8 | €265 | +€257 | +3,272% |
| Recurring financial income | 75 | €8 | €265 | +€257 | +3,272% |
| Financial charges | 65/66B | €3,181 | €2,494 | -€687 | -21.6% |
| Recurring financial charges | 65 | €3,181 | €2,494 | -€687 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €26,629 | €16,994 | -€9,635 | -36.2% |
| Income taxes | 67/77 | €7,704 | €3,870 | -€3,834 | -49.8% |
| Profit (loss) for the period | 9904 | €18,925 | €13,124 | -€5,800 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,925 | €13,124 | -€5,800 | -30.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.