EDESSTA: 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.
EDESSTA
Largest movements
- Tangible fixed assets -€66,452
no longer reported in 2024 (was €66,452)
of which Furniture and vehicles: -€35,503
- Stocks and contracts -€47,694
no longer reported in 2024 (was €47,694)
- Financial fixed assets -€22,989
no longer reported in 2024 (was €22,989)
- Cash +€9,924
up €9,924 (+51.8%), from €19,154 to €29,078
mainly Investment in fixed assets (net) (+€93,394) and Stocks and contracts (+€47,694)
- Intangible fixed assets -€4,209
no longer reported in 2024 (was €4,209)
- Profit (loss) carried forward -€110,595
down €110,595 (-20.4%), from -€542,902 to -€653,498
- Debts after one year -€22,294
down €22,294 (-4.6%), from €486,874 to €464,580
- Trade debts -€8,185
down €8,185 (-99.0%), from €8,269 to €85
- Accrued charges and deferred income +€7,974
up €7,974 (+79.8%), from €9,993 to €17,967
- Gross operating margin +€106,593
up €106,593 (+82.1%), from -€129,848 to -€23,255
- Staff costs -€98,453
down €98,453 (-76.6%), from €128,584 to €30,131
- Financial charges +€47,610
up €47,610 (+550.5%), from €8,648 to €56,258
of which Non-recurring financial charges: +€47,427
- Depreciation -€16,931
down €16,931 (-98.5%), from €17,186 to €256
- Other operating charges -€1,625
down €1,625 (-52.0%), from €3,124 to €1,500
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 | €162,810 | €29,407 | -€133,403 | -81.9% |
| Fixed assets | 21/28 | €93,650 | - | -€93,650 | |
| Intangible fixed assets | 21 | €4,209 | - | -€4,209 | |
| Tangible fixed assets | 22/27 | €66,452 | - | -€66,452 | |
| Furniture and vehicles | 24 | €35,503 | - | -€35,503 | |
| Other tangible fixed assets | 26 | €30,949 | - | -€30,949 | |
| Financial fixed assets | 28 | €22,989 | - | -€22,989 | |
| Current assets | 29/58 | €69,161 | €29,407 | -€39,754 | -57.5% |
| Stocks and contracts in progress | 3 | €47,694 | - | -€47,694 | |
| Stocks | 30/36 | €47,694 | - | -€47,694 | |
| Amounts receivable within one year | 40/41 | €2,313 | €329 | -€1,984 | -85.8% |
| Other amounts receivable | 41 | €2,313 | €329 | -€1,984 | -85.8% |
| Cash at bank and in hand | 54/58 | €19,154 | €29,078 | +€9,924 | +51.8% |
| Total equity and liabilities | 10/49 | €162,810 | €29,407 | -€133,403 | -81.9% |
| Equity | 10/15 | -€342,902 | -€453,498 | -€110,595 | -32.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€542,902 | -€653,498 | -€110,595 | -20.4% |
| Amounts payable | 17/49 | €505,713 | €482,904 | -€22,808 | -4.5% |
| Amounts payable after more than one year | 17 | €486,874 | €464,580 | -€22,294 | -4.6% |
| Other amounts payable | 178/9 | €486,874 | €464,580 | -€22,294 | -4.6% |
| Amounts payable within one year | 42/48 | €8,846 | €358 | -€8,488 | -96.0% |
| Trade debts | 44 | €8,269 | €85 | -€8,185 | -99.0% |
| Suppliers | 440/4 | €8,269 | €85 | -€8,185 | -99.0% |
| Taxes, remuneration and social security | 45 | €432 | - | -€432 | |
| Remuneration and social security | 454/9 | €432 | - | -€432 | |
| Other amounts payable | 47/48 | €144 | €273 | +€128 | +88.8% |
| Accrued charges and deferred income | 492/3 | €9,993 | €17,967 | +€7,974 | +79.8% |
| Remuneration, social security and pensions | 62 | €128,584 | €30,131 | -€98,453 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,186 | €256 | -€16,931 | -98.5% |
| Other operating charges | 640/8 | €3,124 | €1,500 | -€1,625 | -52.0% |
| Gross operating margin | 9900 | -€129,848 | -€23,255 | +€106,593 | +82.1% |
| Operating profit (loss) | 9901 | -€278,742 | -€55,141 | +€223,601 | +80.2% |
| Financial income | 75/76B | €1 | €804 | +€803 | +61763.1% |
| Recurring financial income | 75 | €1 | €804 | +€803 | +61763.1% |
| Financial charges | 65/66B | €8,648 | €56,258 | +€47,610 | +550.5% |
| Recurring financial charges | 65 | €8,648 | €8,831 | +€183 | +2.1% |
| Non-recurring financial charges | 66B | - | €47,427 | +€47,427 | |
| Profit (loss) for the period before taxes | 9903 | -€287,389 | -€110,595 | +€176,794 | +61.5% |
| Profit (loss) for the period | 9904 | -€287,389 | -€110,595 | +€176,794 | +61.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€287,389 | -€110,595 | +€176,794 | +61.5% |
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 9 October 2026 via checked.be.