EDG TECHNICS: what changed
What changed
EDG TECHNICS
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€23,023
2024 · €49,971-€26,948
Equity
€147,227
2024 · €124,204+€23,023
Cash
€18,513
2024 · €3,772+€14,740
Balance sheet total
€470,294
2024 · €428,459+€41,835
Largest movements
Assets
- Tangible fixed assets +€26,161
up €26,161 (+7.2%), from €363,512 to €389,673
of which Leasing and similar rights: +€53,679
- Cash +€14,740
up €14,740 (+391%), from €3,772 to €18,513
mainly Depreciation (+€32,632) and Net result for the year (+€23,023)
Equity and liabilities
- Reserves +€23,023
up €23,023 (+18.8%), from €122,204 to €145,227
- Debts after one year +€14,474
up €14,474 (+5.6%), from €257,683 to €272,156
- Trade debts +€4,788
up €4,788 (+36.3%), from €13,176 to €17,964
Income statement
- Depreciation +€9,443
up €9,443 (+40.7%), from €23,189 to €32,632
- Gross operating margin -€8,939
down €8,939 (-5.2%), from €171,655 to €162,716
- Staff costs +€4,796
up €4,796 (+6.4%), from €75,442 to €80,238
- Taxes -€3,578
down €3,578 (-38.9%), from €9,198 to €5,620
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€49,971
Gross operating margin
-€8,939
Staff costs
-€4,796
Depreciation
-€9,443
Other operating charges
-€1,365
Other operating items
-€6,223
Financial income
+€285
Financial charges
-€46
Taxes
+€3,578
Result 2025
€23,023
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€56,297
Investment
-€58,793
Financing
+€17,236
Cash 2024
€3,772
From operations (derived)
+€56,297
Net result for the year
+€23,023
Depreciation
+€32,632
Stocks and contracts
-€464
Receivables within one year
+€3,060
Deferred charges and accrued income
-€3,529
Trade debts
+€4,788
Tax, wage and social debts
-€766
Other debts
-€2,377
Accrued charges and deferred income
-€69
Investment (derived)
-€58,793
Investment in fixed assets (net)
-€58,793
Financing
+€17,236
Debts after one year
+€14,474
Current portion of long-term debt
+€2,717
Short-term financial debts
+€46
Cash 2025
€18,513
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €428,459 | €470,294 | +€41,835 | +9.8% |
| Fixed assets | 21/28 | €363,512 | €389,673 | +€26,161 | +7.2% |
| Tangible fixed assets | 22/27 | €363,512 | €389,673 | +€26,161 | +7.2% |
| Land and buildings | 22 | €315,760 | €314,109 | -€1,651 | -0.5% |
| Plant, machinery and equipment | 23 | €8,098 | €6,160 | -€1,939 | -23.9% |
| Furniture and vehicles | 24 | €31,139 | €9,940 | -€21,199 | -68.1% |
| Leasing and similar rights | 25 | - | €53,679 | +€53,679 | |
| Other tangible fixed assets | 26 | €8,515 | €5,786 | -€2,729 | -32.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €64,947 | €80,620 | +€15,674 | +24.1% |
| Stocks and contracts in progress | 3 | €23,222 | €23,686 | +€464 | +2.0% |
| Stocks | 30/36 | €23,222 | €23,686 | +€464 | +2.0% |
| Amounts receivable within one year | 40/41 | €32,859 | €29,799 | -€3,060 | -9.3% |
| Trade receivables | 40 | €23,779 | €19,135 | -€4,644 | -19.5% |
| Other amounts receivable | 41 | €9,080 | €10,664 | +€1,584 | +17.4% |
| Cash at bank and in hand | 54/58 | €3,772 | €18,513 | +€14,740 | +391% |
| Deferred charges and accrued income | 490/1 | €5,093 | €8,623 | +€3,529 | +69.3% |
| Total equity and liabilities | 10/49 | €428,459 | €470,294 | +€41,835 | +9.8% |
| Equity | 10/15 | €124,204 | €147,227 | +€23,023 | +18.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €122,204 | €145,227 | +€23,023 | +18.8% |
| Distributable reserves | 133 | €122,204 | €145,227 | +€23,023 | +18.8% |
| Amounts payable | 17/49 | €304,255 | €323,066 | +€18,812 | +6.2% |
| Amounts payable after more than one year | 17 | €257,683 | €272,156 | +€14,474 | +5.6% |
| Financial debts | 170/4 | €257,683 | €272,156 | +€14,474 | +5.6% |
| Amounts payable within one year | 42/48 | €46,312 | €50,720 | +€4,408 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €16,871 | €19,587 | +€2,717 | +16.1% |
| Financial debts | 43 | - | €46 | +€46 | |
| Credit institutions | 430/8 | - | €46 | +€46 | |
| Trade debts | 44 | €13,176 | €17,964 | +€4,788 | +36.3% |
| Suppliers | 440/4 | €13,176 | €17,964 | +€4,788 | +36.3% |
| Taxes, remuneration and social security | 45 | €12,797 | €12,031 | -€766 | -6.0% |
| Taxes | 450/3 | €10,091 | €10,526 | +€435 | +4.3% |
| Remuneration and social security | 454/9 | €2,705 | €1,505 | -€1,201 | -44.4% |
| Other amounts payable | 47/48 | €3,469 | €1,092 | -€2,377 | -68.5% |
| Accrued charges and deferred income | 492/3 | €260 | €190 | -€69 | -26.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €75,442 | €80,238 | +€4,796 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,189 | €32,632 | +€9,443 | +40.7% |
| Other operating charges | 640/8 | €1,205 | €2,569 | +€1,365 | +113% |
| Non-recurring operating charges | 66A | - | €6,223 | +€6,223 | |
| Gross operating margin | 9900 | €171,655 | €162,716 | -€8,939 | -5.2% |
| Operating profit (loss) | 9901 | €71,818 | €41,053 | -€30,765 | -42.8% |
| Financial income | 75/76B | €43 | €328 | +€285 | +669% |
| Recurring financial income | 75 | €43 | €328 | +€285 | +669% |
| Financial charges | 65/66B | €12,693 | €12,738 | +€46 | +0.4% |
| Recurring financial charges | 65 | €12,693 | €12,738 | +€46 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €59,168 | €28,643 | -€30,526 | -51.6% |
| Income taxes | 67/77 | €9,198 | €5,620 | -€3,578 | -38.9% |
| Profit (loss) for the period | 9904 | €49,971 | €23,023 | -€26,948 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,971 | €23,023 | -€26,948 | -53.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.