EDGD CONSTRUCT: 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.
EDGD CONSTRUCT
Largest movements
- Tangible fixed assets -€124,195
down €124,195 (-36.8%), from €337,769 to €213,574
of which Land and buildings: -€129,451
- Receivables within one year -€29,654
down €29,654 (-30.7%), from €96,534 to €66,880
of which Trade receivables: -€38,110
- Stocks and contracts -€10,500
down €10,500 (-45.7%), from €22,978 to €12,478
- Cash -€8,885
down €8,885 (-6.3%), from €140,841 to €131,956
mainly Trade debts (-€229,541) and Debts after one year (-€24,720)
- Trade debts -€229,541
down €229,541 (-98.9%), from €232,174 to €2,633
- Tax, wage and social debts +€44,862
up €44,862 (+344.5%), from €13,022 to €57,884
of which Taxes: +€38,130
- Profit (loss) carried forward +€33,748
up €33,748 (+27.5%), from €122,683 to €156,431
- Debts after one year -€24,720
down €24,720 (-13.0%), from €189,761 to €165,041
- Gross operating margin -€14,730
down €14,730 (-18.9%), from €77,843 to €63,113
- Taxes -€2,178
down €2,178 (-16.7%), from €13,022 to €10,844
- Depreciation -€2,132
down €2,132 (-26.4%), from €8,062 to €5,930
- Other operating charges -€995
down €995 (-13.4%), from €7,425 to €6,430
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 | €599,872 | €426,639 | -€173,233 | -28.9% |
| Fixed assets | 21/28 | €339,519 | €215,324 | -€124,195 | -36.6% |
| Tangible fixed assets | 22/27 | €337,769 | €213,574 | -€124,195 | -36.8% |
| Land and buildings | 22 | €336,851 | €207,399 | -€129,451 | -38.4% |
| Plant, machinery and equipment | 23 | €918 | €510 | -€408 | -44.4% |
| Furniture and vehicles | 24 | - | €5,665 | +€5,665 | |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €260,353 | €211,315 | -€49,039 | -18.8% |
| Stocks and contracts in progress | 3 | €22,978 | €12,478 | -€10,500 | -45.7% |
| Stocks | 30/36 | €22,978 | €12,478 | -€10,500 | -45.7% |
| Amounts receivable within one year | 40/41 | €96,534 | €66,880 | -€29,654 | -30.7% |
| Trade receivables | 40 | €74,990 | €36,880 | -€38,110 | -50.8% |
| Other amounts receivable | 41 | €21,544 | €30,000 | +€8,456 | +39.2% |
| Cash at bank and in hand | 54/58 | €140,841 | €131,956 | -€8,885 | -6.3% |
| Total equity and liabilities | 10/49 | €599,872 | €426,639 | -€173,233 | -28.9% |
| Equity | 10/15 | €140,743 | €174,491 | +€33,748 | +24.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 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% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,683 | €156,431 | +€33,748 | +27.5% |
| Amounts payable | 17/49 | €459,129 | €252,148 | -€206,982 | -45.1% |
| Amounts payable after more than one year | 17 | €189,761 | €165,041 | -€24,720 | -13.0% |
| Financial debts | 170/4 | €189,761 | €165,041 | -€24,720 | -13.0% |
| Amounts payable within one year | 42/48 | €269,368 | €87,107 | -€182,261 | -67.7% |
| Current portion of amounts payable after more than one year | 42 | €24,173 | €24,720 | +€548 | +2.3% |
| Trade debts | 44 | €232,174 | €2,633 | -€229,541 | -98.9% |
| Suppliers | 440/4 | €232,174 | €2,633 | -€229,541 | -98.9% |
| Taxes, remuneration and social security | 45 | €13,022 | €57,884 | +€44,862 | +344.5% |
| Taxes | 450/3 | €13,022 | €51,151 | +€38,130 | +292.8% |
| Remuneration and social security | 454/9 | - | €6,733 | +€6,733 | |
| Other amounts payable | 47/48 | - | €1,870 | +€1,870 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,062 | €5,930 | -€2,132 | -26.4% |
| Other operating charges | 640/8 | €7,425 | €6,430 | -€995 | -13.4% |
| Gross operating margin | 9900 | €77,843 | €63,113 | -€14,730 | -18.9% |
| Operating profit (loss) | 9901 | €62,356 | €50,753 | -€11,603 | -18.6% |
| Financial charges | 65/66B | €6,585 | €6,161 | -€424 | -6.4% |
| Recurring financial charges | 65 | €6,585 | €6,161 | -€424 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €55,771 | €44,592 | -€11,179 | -20.0% |
| Income taxes | 67/77 | €13,022 | €10,844 | -€2,178 | -16.7% |
| Profit (loss) for the period | 9904 | €42,749 | €33,748 | -€9,001 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,749 | €33,748 | -€9,001 | -21.1% |
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 10 October 2026 via checked.be.