EDENCO: 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.
EDENCO
Largest movements
- Stocks and contracts +€357,081
up €357,081 (+30.1%), from €1.2m to €1.5m
- Short-term financial debts +€248,391
up €248,391 (+69.5%), from €357,500 to €605,891
- Other debts +€118,645
up €118,645 (+13.6%), from €872,104 to €990,749
- Financial charges +€3,597
up €3,597, from -€2,398 to €1,199
- Gross operating margin +€815
up €815 (+41.6%), from -€1,961 to -€1,146
- Other operating charges +€565
up €565 (+91.2%), from €619 to €1,184
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.
Cash bridge derived
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 | €1,214,430 | €1,577,903 | +€363,473 | +29.9% |
| Current assets | 29/58 | €1,214,430 | €1,577,903 | +€363,473 | +29.9% |
| Stocks and contracts in progress | 3 | €1,185,158 | €1,542,239 | +€357,081 | +30.1% |
| Stocks | 30/36 | €1,185,158 | €1,542,239 | +€357,081 | +30.1% |
| Amounts receivable within one year | 40/41 | €27,648 | €27,648 | = | 0.0% |
| Trade receivables | 40 | €27,648 | €27,648 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,624 | €8,016 | +€6,392 | +393.7% |
| Total equity and liabilities | 10/49 | €1,214,430 | €1,577,903 | +€363,473 | +29.9% |
| Equity | 10/15 | -€15,678 | -€19,207 | -€3,529 | -22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,738 | -€27,267 | -€3,529 | -14.9% |
| Amounts payable | 17/49 | €1,230,108 | €1,597,110 | +€367,002 | +29.8% |
| Amounts payable within one year | 42/48 | €1,230,108 | €1,597,110 | +€367,002 | +29.8% |
| Financial debts | 43 | €357,500 | €605,891 | +€248,391 | +69.5% |
| Credit institutions | 430/8 | €357,500 | €605,891 | +€248,391 | +69.5% |
| Trade debts | 44 | €504 | €471 | -€33 | -6.6% |
| Suppliers | 440/4 | €504 | €471 | -€33 | -6.6% |
| Other amounts payable | 47/48 | €872,104 | €990,749 | +€118,645 | +13.6% |
| Other operating charges | 640/8 | €619 | €1,184 | +€565 | +91.2% |
| Gross operating margin | 9900 | -€1,961 | -€1,146 | +€815 | +41.6% |
| Operating profit (loss) | 9901 | -€2,580 | -€2,330 | +€250 | +9.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | -€2,398 | €1,199 | +€3,597 | |
| Recurring financial charges | 65 | -€2,398 | €1,199 | +€3,597 | |
| Profit (loss) for the period before taxes | 9903 | -€182 | -€3,529 | -€3,347 | -1834.0% |
| Profit (loss) for the period | 9904 | -€182 | -€3,529 | -€3,347 | -1834.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€182 | -€3,529 | -€3,347 | -1834.0% |
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 11 October 2026 via checked.be.