EdelWISE: 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
EdelWISE
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€13,781
2024 · -€99,204+€85,423
Equity
€139,886
2024 · €153,668-€13,781
Cash
€79,723
2024 · €90,483-€10,760
Balance sheet total
€2.0m
2024 · €1.8m+€128,215
Largest movements
Assets
- Tangible fixed assets +€151,141
up €151,141 (+8.9%), from €1.7m to €1.9m
of which Land and buildings: +€160,869
Equity and liabilities
- Other debts +€346,486
up €346,486 (+35.6%), from €972,282 to €1.3m
- Trade debts -€111,530
down €111,530 (-96.8%), from €115,161 to €3,631
- Debts after one year -€59,327
down €59,327 (-12.8%), from €464,937 to €405,609
Income statement
- Depreciation -€59,166
down €59,166 (-46.7%), from €126,631 to €67,464
- Gross operating margin +€35,625
up €35,625 (+20.7%), from €172,055 to €207,680
- Other operating charges -€31,101
down €31,101 (-39.1%), from €79,563 to €48,462
- Staff costs +€29,783
up €29,783 (+54.3%), from €54,824 to €84,608
- Financial charges +€10,494
up €10,494 (+108%), from €9,715 to €20,209
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
-€99,204
Gross operating margin
+€35,625
Staff costs
-€29,783
Depreciation
+€59,166
Other operating charges
+€31,101
Other operating items
-€24
Financial income
-€42
Financial charges
-€10,494
Taxes
-€126
Result 2025
-€13,781
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
+€287,837
Investment
-€218,606
Financing
-€79,992
Cash 2024
€90,483
From operations (derived)
+€287,837
Net result for the year
-€13,781
Depreciation
+€67,464
Receivables within one year
-€4,308
Deferred charges and accrued income
+€16,474
Trade debts
-€111,530
Tax, wage and social debts
-€12,968
Other debts
+€346,486
Investment (derived)
-€218,606
Investment in fixed assets (net)
-€218,606
Financing
-€79,992
Debts after one year
-€59,327
Current portion of long-term debt
-€18,752
Short-term financial debts
-€1,913
Cash 2025
€79,723
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,834,755 | €1,962,970 | +€128,215 | +7.0% |
| Fixed assets | 21/28 | €1,703,597 | €1,854,738 | +€151,141 | +8.9% |
| Tangible fixed assets | 22/27 | €1,700,373 | €1,851,514 | +€151,141 | +8.9% |
| Land and buildings | 22 | €1,657,483 | €1,818,352 | +€160,869 | +9.7% |
| Plant, machinery and equipment | 23 | €33,023 | €26,805 | -€6,218 | -18.8% |
| Furniture and vehicles | 24 | €9,867 | €6,357 | -€3,510 | -35.6% |
| Financial fixed assets | 28 | €3,224 | €3,224 | = | 0.0% |
| Current assets | 29/58 | €131,158 | €108,232 | -€22,927 | -17.5% |
| Amounts receivable within one year | 40/41 | €23,564 | €27,872 | +€4,308 | +18.3% |
| Trade receivables | 40 | €14,408 | €19,412 | +€5,004 | +34.7% |
| Other amounts receivable | 41 | €9,156 | €8,460 | -€696 | -7.6% |
| Cash at bank and in hand | 54/58 | €90,483 | €79,723 | -€10,760 | -11.9% |
| Deferred charges and accrued income | 490/1 | €17,111 | €636 | -€16,474 | -96.3% |
| Total equity and liabilities | 10/49 | €1,834,755 | €1,962,970 | +€128,215 | +7.0% |
| Equity | 10/15 | €153,668 | €139,886 | -€13,781 | -9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232,000 | €232,000 | = | 0.0% |
| Distributable reserves | 133 | €232,000 | €232,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,932 | -€110,714 | -€13,781 | -14.2% |
| Amounts payable | 17/49 | €1,681,087 | €1,823,083 | +€141,996 | +8.4% |
| Amounts payable after more than one year | 17 | €464,937 | €405,609 | -€59,327 | -12.8% |
| Financial debts | 170/4 | €464,937 | €405,609 | -€59,327 | -12.8% |
| Amounts payable within one year | 42/48 | €1,216,151 | €1,417,474 | +€201,323 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €79,753 | €61,000 | -€18,752 | -23.5% |
| Financial debts | 43 | €2,989 | €1,076 | -€1,913 | -64.0% |
| Credit institutions | 430/8 | €2,989 | €1,076 | -€1,913 | -64.0% |
| Trade debts | 44 | €115,161 | €3,631 | -€111,530 | -96.8% |
| Suppliers | 440/4 | €115,161 | €3,631 | -€111,530 | -96.8% |
| Taxes, remuneration and social security | 45 | €45,966 | €32,998 | -€12,968 | -28.2% |
| Taxes | 450/3 | €38,358 | €21,256 | -€17,102 | -44.6% |
| Remuneration and social security | 454/9 | €7,609 | €11,742 | +€4,134 | +54.3% |
| Other amounts payable | 47/48 | €972,282 | €1,318,769 | +€346,486 | +35.6% |
| Remuneration, social security and pensions | 62 | €54,824 | €84,608 | +€29,783 | +54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,631 | €67,464 | -€59,166 | -46.7% |
| Other operating charges | 640/8 | €79,563 | €48,462 | -€31,101 | -39.1% |
| Non-recurring operating charges | 66A | - | €24 | +€24 | |
| Gross operating margin | 9900 | €172,055 | €207,680 | +€35,625 | +20.7% |
| Operating profit (loss) | 9901 | -€88,962 | €7,123 | +€96,085 | |
| Financial income | 75/76B | €236 | €194 | -€42 | -17.9% |
| Recurring financial income | 75 | €236 | €194 | -€42 | -17.9% |
| Financial charges | 65/66B | €9,715 | €20,209 | +€10,494 | +108% |
| Recurring financial charges | 65 | €9,715 | €20,209 | +€10,494 | +108% |
| Profit (loss) for the period before taxes | 9903 | -€98,442 | -€12,893 | +€85,549 | +86.9% |
| Income taxes | 67/77 | €762 | €889 | +€126 | +16.6% |
| Profit (loss) for the period | 9904 | -€99,204 | -€13,781 | +€85,423 | +86.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,204 | -€13,781 | +€85,423 | +86.1% |
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 23 October 2026 via checked.be.