EDEN GROUP: 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.
EDEN GROUP
Largest movements
- Stocks and contracts -€1.4m
down €1.4m (-41.1%), from €3.4m to €2.0m
- Receivables within one year -€187,071
down €187,071 (-28.0%), from €669,000 to €481,929
of which Trade receivables: -€127,802
- Cash -€57,344
down €57,344 (-100.0%), from €57,344 to €0
mainly Debts after one year (-€1.9m) and Trade debts (-€310,586)
- Debts after one year -€1.9m
down €1.9m (-59.6%), from €3.2m to €1.3m
of which Financial debts: -€1.9m
- Tax, wage and social debts +€352,399
up €352,399 (+332.7%), from €105,906 to €458,305
- Trade debts -€310,586
down €310,586 (-78.3%), from €396,683 to €86,097
of which Suppliers: -€312,284
- Profit (loss) carried forward +€125,179
up €125,179 (+7584.5%), from €1,650 to €126,829
- Other debts +€89,129
up €89,129 (+33.5%), from €266,387 to €355,516
- Turnover +€592,673
up €592,673 (+42.6%), from €1.4m to €2.0m
- Purchases and services +€588,010
up €588,010 (+53.0%), from €1.1m to €1.7m
- Gross operating margin -€90,084
down €90,084 (-23.5%), from €382,957 to €292,873
- Financial charges -€79,278
down €79,278 (-52.0%), from €152,600 to €73,322
- Other operating charges -€43,776
down €43,776 (-44.3%), from €98,836 to €55,060
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,095,056 | €2,468,325 | -€1.6m | -39.7% |
| Fixed assets | 21/28 | €3,100 | €3,100 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €4,091,956 | €2,465,225 | -€1.6m | -39.8% |
| Stocks and contracts in progress | 3 | €3,365,612 | €1,983,296 | -€1.4m | -41.1% |
| Stocks | 30/36 | €3,365,612 | €1,983,296 | -€1.4m | -41.1% |
| Amounts receivable within one year | 40/41 | €669,000 | €481,929 | -€187,071 | -28.0% |
| Trade receivables | 40 | €483,699 | €355,897 | -€127,802 | -26.4% |
| Other amounts receivable | 41 | €185,301 | €126,033 | -€59,268 | -32.0% |
| Cash at bank and in hand | 54/58 | €57,344 | €0 | -€57,344 | -100.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,095,056 | €2,468,325 | -€1.6m | -39.7% |
| Equity | 10/15 | €111,650 | €236,829 | +€125,179 | +112.1% |
| 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 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,650 | €126,829 | +€125,179 | +7584.5% |
| Amounts payable | 17/49 | €3,983,406 | €2,231,496 | -€1.8m | -44.0% |
| Amounts payable after more than one year | 17 | €3,196,209 | €1,291,072 | -€1.9m | -59.6% |
| Financial debts | 170/4 | €2,347,355 | €464,601 | -€1.9m | -80.2% |
| Other amounts payable | 178/9 | €848,854 | €826,471 | -€22,383 | -2.6% |
| Amounts payable within one year | 42/48 | €768,975 | €913,361 | +€144,386 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | - | €13,443 | +€13,443 | |
| Credit institutions | 430/8 | - | €13,443 | +€13,443 | |
| Trade debts | 44 | €396,683 | €86,097 | -€310,586 | -78.3% |
| Suppliers | 440/4 | €396,683 | €84,399 | -€312,284 | -78.7% |
| Bills of exchange payable | 441 | - | €1,698 | +€1,698 | |
| Taxes, remuneration and social security | 45 | €105,906 | €458,305 | +€352,399 | +332.7% |
| Taxes | 450/3 | €105,906 | €458,305 | +€352,399 | +332.7% |
| Other amounts payable | 47/48 | €266,387 | €355,516 | +€89,129 | +33.5% |
| Accrued charges and deferred income | 492/3 | €18,222 | €27,063 | +€8,842 | +48.5% |
| Turnover | 70 | €1,392,791 | €1,985,464 | +€592,673 | +42.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,109,930 | €1,697,941 | +€588,010 | +53.0% |
| Other operating charges | 640/8 | €98,836 | €55,060 | -€43,776 | -44.3% |
| Gross operating margin | 9900 | €382,957 | €292,873 | -€90,084 | -23.5% |
| Operating profit (loss) | 9901 | €284,121 | €237,813 | -€46,307 | -16.3% |
| Financial income | 75/76B | €5,660 | €2,712 | -€2,948 | -52.1% |
| Recurring financial income | 75 | €5,660 | €2,712 | -€2,948 | -52.1% |
| Financial charges | 65/66B | €152,600 | €73,322 | -€79,278 | -52.0% |
| Recurring financial charges | 65 | €152,600 | €73,322 | -€79,278 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €137,181 | €167,204 | +€30,023 | +21.9% |
| Income taxes | 67/77 | - | €42,025 | +€42,025 | |
| Profit (loss) for the period | 9904 | €137,181 | €125,179 | -€12,002 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €137,181 | €125,179 | -€12,002 | -8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.