EDESSA 63: 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.
EDESSA 63
Largest movements
- Cash +€29,609
up €29,609 (+890%), from €3,328 to €32,938
mainly Debts after one year (+€23,278) and Net result for the year (+€15,625)
- Tangible fixed assets +€27,325
up €27,325 (+278%), from €9,822 to €37,147
of which Furniture and vehicles: +€30,329
- Stocks and contracts -€4,761
down €4,761 (-31.6%), from €15,086 to €10,324
- Receivables within one year -€1,976
down €1,976 (-4.2%), from €46,639 to €44,662
- Debts after one year +€23,278
new in 2025: €23,278
- Profit (loss) carried forward +€15,625
up €15,625 (+32.5%), from €48,072 to €63,697
- Current portion of long-term debt +€6,321
new in 2025: €6,321
- Trade debts +€4,793
up €4,793 (+75.8%), from €6,327 to €11,120
- Gross operating margin +€31,127
up €31,127 (+85.8%), from €36,293 to €67,420
- Staff costs +€21,322
up €21,322 (+308%), from €6,923 to €28,245
- Depreciation +€7,108
up €7,108 (+310%), from €2,296 to €9,403
- Other operating charges +€4,117
up €4,117 (+1,989%), from €207 to €4,324
- Financial charges +€1,876
up €1,876 (+83.7%), from €2,241 to €4,118
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 | €74,972 | €125,257 | +€50,285 | +67.1% |
| Fixed assets | 21/28 | €9,920 | €37,245 | +€27,325 | +275% |
| Tangible fixed assets | 22/27 | €9,822 | €37,147 | +€27,325 | +278% |
| Plant, machinery and equipment | 23 | €9,822 | €6,818 | -€3,004 | -30.6% |
| Furniture and vehicles | 24 | - | €30,329 | +€30,329 | |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €65,053 | €88,012 | +€22,959 | +35.3% |
| Stocks and contracts in progress | 3 | €15,086 | €10,324 | -€4,761 | -31.6% |
| Stocks | 30/36 | €15,086 | €10,324 | -€4,761 | -31.6% |
| Amounts receivable within one year | 40/41 | €46,639 | €44,662 | -€1,976 | -4.2% |
| Other amounts receivable | 41 | €46,639 | €44,662 | -€1,976 | -4.2% |
| Cash at bank and in hand | 54/58 | €3,328 | €32,938 | +€29,609 | +890% |
| Deferred charges and accrued income | 490/1 | - | €88 | +€88 | |
| Total equity and liabilities | 10/49 | €74,972 | €125,257 | +€50,285 | +67.1% |
| Equity | 10/15 | €49,572 | €65,197 | +€15,625 | +31.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,072 | €63,697 | +€15,625 | +32.5% |
| Amounts payable | 17/49 | €25,400 | €60,060 | +€34,660 | +136% |
| Amounts payable after more than one year | 17 | - | €23,278 | +€23,278 | |
| Financial debts | 170/4 | - | €23,278 | +€23,278 | |
| Amounts payable within one year | 42/48 | €25,400 | €36,782 | +€11,382 | +44.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,321 | +€6,321 | |
| Trade debts | 44 | €6,327 | €11,120 | +€4,793 | +75.8% |
| Suppliers | 440/4 | €6,327 | €11,120 | +€4,793 | +75.8% |
| Taxes, remuneration and social security | 45 | €19,073 | €19,341 | +€268 | +1.4% |
| Taxes | 450/3 | €17,559 | €13,274 | -€4,285 | -24.4% |
| Remuneration and social security | 454/9 | €1,514 | €6,067 | +€4,553 | +301% |
| Remuneration, social security and pensions | 62 | €6,923 | €28,245 | +€21,322 | +308% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,296 | €9,403 | +€7,108 | +310% |
| Other operating charges | 640/8 | €207 | €4,324 | +€4,117 | +1,989% |
| Gross operating margin | 9900 | €36,293 | €67,420 | +€31,127 | +85.8% |
| Operating profit (loss) | 9901 | €26,867 | €25,447 | -€1,420 | -5.3% |
| Financial income | 75/76B | €3 | €44 | +€41 | +1,428% |
| Recurring financial income | 75 | €3 | €44 | +€41 | +1,428% |
| Financial charges | 65/66B | €2,241 | €4,118 | +€1,876 | +83.7% |
| Recurring financial charges | 65 | €2,241 | €4,118 | +€1,876 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | €24,628 | €21,374 | -€3,255 | -13.2% |
| Income taxes | 67/77 | €4,926 | €5,749 | +€823 | +16.7% |
| Profit (loss) for the period | 9904 | €19,703 | €15,625 | -€4,078 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,703 | €15,625 | -€4,078 | -20.7% |
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 27 October 2026 via checked.be.