EDENVET: 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.
EDENVET
Largest movements
- Cash +€89,971
up €89,971 (+134%), from €67,315 to €157,285
mainly Net result for the year (+€88,100) and Depreciation (+€46,204)
- Current investments -€30,000
down €30,000 (-100%), from €30,000 to €0
- Tangible fixed assets -€24,270
down €24,270 (-31.9%), from €76,015 to €51,746
of which Furniture and vehicles: -€24,482
- Intangible fixed assets -€20,000
down €20,000 (-15.9%), from €125,699 to €105,699
- Receivables within one year -€3,787
down €3,787 (-80.6%), from €4,698 to €912
of which Trade receivables: -€2,568
- Other debts +€37,433
up €37,433 (+28.9%), from €129,456 to €166,889
- Profit (loss) carried forward -€28,239
down €28,239 (-24.3%), from €116,339 to €88,100
- Debts after one year -€11,829
down €11,829 (-85.4%), from €13,845 to €2,016
- Short-term financial debts +€8,406
new in 2025: €8,406
- Trade debts +€7,395
up €7,395 (+24.6%), from €30,103 to €37,498
- Staff costs +€34,014
up €34,014 (+49.0%), from €69,449 to €103,463
- Gross operating margin +€29,433
up €29,433 (+12.4%), from €236,802 to €266,235
- Depreciation -€5,074
down €5,074 (-9.9%), from €51,279 to €46,204
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 | €357,545 | €367,837 | +€10,292 | +2.9% |
| Fixed assets | 21/28 | €201,714 | €157,444 | -€44,270 | -21.9% |
| Intangible fixed assets | 21 | €125,699 | €105,699 | -€20,000 | -15.9% |
| Tangible fixed assets | 22/27 | €76,015 | €51,746 | -€24,270 | -31.9% |
| Plant, machinery and equipment | 23 | €3,898 | €4,110 | +€213 | +5.5% |
| Furniture and vehicles | 24 | €72,118 | €47,635 | -€24,482 | -33.9% |
| Current assets | 29/58 | €155,831 | €210,393 | +€54,561 | +35.0% |
| Stocks and contracts in progress | 3 | €51,608 | €48,658 | -€2,950 | -5.7% |
| Stocks | 30/36 | €51,608 | €48,658 | -€2,950 | -5.7% |
| Amounts receivable within one year | 40/41 | €4,698 | €912 | -€3,787 | -80.6% |
| Trade receivables | 40 | €3,477 | €910 | -€2,568 | -73.8% |
| Other amounts receivable | 41 | €1,221 | €2 | -€1,219 | -99.8% |
| Current investments | 50/53 | €30,000 | €0 | -€30,000 | -100% |
| Cash at bank and in hand | 54/58 | €67,315 | €157,285 | +€89,971 | +134% |
| Deferred charges and accrued income | 490/1 | €2,211 | €3,538 | +€1,327 | +60.0% |
| Total equity and liabilities | 10/49 | €357,545 | €367,837 | +€10,292 | +2.9% |
| Equity | 10/15 | €153,406 | €125,167 | -€28,239 | -18.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €17,067 | €17,067 | = | 0.0% |
| Distributable reserves | 133 | €17,067 | €17,067 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,339 | €88,100 | -€28,239 | -24.3% |
| Amounts payable | 17/49 | €204,139 | €242,670 | +€38,531 | +18.9% |
| Amounts payable after more than one year | 17 | €13,845 | €2,016 | -€11,829 | -85.4% |
| Financial debts | 170/4 | €13,845 | €2,016 | -€11,829 | -85.4% |
| Amounts payable within one year | 42/48 | €190,294 | €240,654 | +€50,360 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €11,384 | €11,829 | +€445 | +3.9% |
| Financial debts | 43 | - | €8,406 | +€8,406 | |
| Other loans | 439 | - | €8,406 | +€8,406 | |
| Trade debts | 44 | €30,103 | €37,498 | +€7,395 | +24.6% |
| Suppliers | 440/4 | €30,103 | €37,498 | +€7,395 | +24.6% |
| Taxes, remuneration and social security | 45 | €19,351 | €16,031 | -€3,320 | -17.2% |
| Taxes | 450/3 | €12,162 | €9,837 | -€2,325 | -19.1% |
| Remuneration and social security | 454/9 | €7,189 | €6,194 | -€995 | -13.8% |
| Other amounts payable | 47/48 | €129,456 | €166,889 | +€37,433 | +28.9% |
| Remuneration, social security and pensions | 62 | €69,449 | €103,463 | +€34,014 | +49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,279 | €46,204 | -€5,074 | -9.9% |
| Other operating charges | 640/8 | €1,942 | €1,932 | -€10 | -0.5% |
| Gross operating margin | 9900 | €236,802 | €266,235 | +€29,433 | +12.4% |
| Operating profit (loss) | 9901 | €114,132 | €114,636 | +€504 | +0.4% |
| Financial income | 75/76B | €6 | €193 | +€188 | +3,373% |
| Recurring financial income | 75 | €6 | €193 | +€188 | +3,373% |
| Financial charges | 65/66B | €1,454 | €1,384 | -€71 | -4.9% |
| Recurring financial charges | 65 | €1,454 | €1,384 | -€71 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €112,684 | €113,446 | +€762 | +0.7% |
| Income taxes | 67/77 | €25,162 | €25,346 | +€184 | +0.7% |
| Profit (loss) for the period | 9904 | €87,522 | €88,100 | +€578 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,522 | €88,100 | +€578 | +0.7% |
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 18 October 2026 via checked.be.