EDIBO: 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.
What changed
EDIBO
NACE 41.003, General construction of other non-residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.6m
2024 · €3.3m+€229,163
Equity
€11.7m
2024 · €11.1m+€572,525
Cash
€8.9m
2024 · €9.2m-€295,058
Balance sheet total
€33.7m
2024 · €30.4m+€3.3m
Largest movements
Assets
- Receivables within one year +€3.0m
up €3.0m (+16.8%), from €17.6m to €20.5m
of which Trade receivables: +€2.3m
- Tangible fixed assets +€633,028
up €633,028 (+33.3%), from €1.9m to €2.5m
of which Plant, machinery and equipment: +€657,543
- Stocks and contracts -€382,505
down €382,505 (-24.7%), from €1.6m to €1.2m
of which Contracts in progress: -€417,973
- Deferred charges and accrued income +€374,049
up €374,049 (+618%), from €60,497 to €434,546
Equity and liabilities
- Other debts +€3.0m
new in 2025: €3.0m
- Profit (loss) carried forward +€572,525
up €572,525 (+9.0%), from €6.4m to €6.9m
- Trade debts +€395,541
up €395,541 (+4.0%), from €9.9m to €10.3m
Income statement
- Turnover +€4.7m
up €4.7m (+7.1%), from €67.1m to €71.8m
- Goods and materials +€2.8m
up €2.8m (+5.5%), from €50.0m to €52.8m
of which Purchases: +€2.8m
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.
Result 2024
€3.3m
Turnover
+€4.7m
Other operating income
+€138,256
Goods and materials
-€2.8m
Services and other goods
-€364,159
Staff costs
-€265,784
Depreciation
-€58,060
Write-downs
+€34,273
Provisions
-€100,000
Other operating charges
+€8,279
Other operating items
-€1.4m
Financial income
+€44,552
Financial charges
+€228,541
Taxes
-€7,368
Result 2025
€3.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.9m
Investment
-€938,976
Financing
-€3.3m
Cash 2024
€9.2m
From operations (derived)
+€3.9m
Net result for the year
+€3.6m
Depreciation
+€305,947
Stocks and contracts
+€382,505
Receivables within one year
-€3.0m
Deferred charges and accrued income
-€374,049
Trade debts
+€395,541
Tax, wage and social debts
-€233,960
Advances received
-€130,853
Other debts
+€3.0m
Accrued charges and deferred income
-€44,684
Investment (derived)
-€938,976
Investment in fixed assets (net)
-€938,976
Financing
-€3.3m
Debts after one year
-€267,906
Current portion of long-term debt
-€6,934
Contributions, distributions and other
-€3.0m
Cash 2025
€8.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,367,392 | €33,651,120 | +€3.3m | +10.8% |
| Fixed assets | 21/28 | €2,032,047 | €2,665,075 | +€633,028 | +31.2% |
| Tangible fixed assets | 22/27 | €1,903,548 | €2,536,576 | +€633,028 | +33.3% |
| Land and buildings | 22 | €1,193,198 | €1,107,068 | -€86,130 | -7.2% |
| Plant, machinery and equipment | 23 | €422,273 | €1,079,816 | +€657,543 | +156% |
| Furniture and vehicles | 24 | €288,078 | €349,693 | +€61,615 | +21.4% |
| Financial fixed assets | 28 | €128,499 | €128,499 | = | 0.0% |
| Other financial fixed assets | 284/8 | €128,499 | €128,499 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €128,499 | €128,499 | = | 0.0% |
| Current assets | 29/58 | €28,335,345 | €30,986,044 | +€2.7m | +9.4% |
| Stocks and contracts in progress | 3 | €1,550,799 | €1,168,293 | -€382,505 | -24.7% |
| Stocks | 30/36 | €509,516 | €544,983 | +€35,467 | +7.0% |
| Raw materials and consumables | 30/31 | €509,516 | €544,983 | +€35,467 | +7.0% |
| Contracts in progress | 37 | €1,041,283 | €623,310 | -€417,973 | -40.1% |
| Amounts receivable within one year | 40/41 | €17,565,947 | €20,520,161 | +€3.0m | +16.8% |
| Trade receivables | 40 | €8,781,232 | €11,070,109 | +€2.3m | +26.1% |
| Other amounts receivable | 41 | €8,784,715 | €9,450,053 | +€665,337 | +7.6% |
| Cash at bank and in hand | 54/58 | €9,158,102 | €8,863,044 | -€295,058 | -3.2% |
| Deferred charges and accrued income | 490/1 | €60,497 | €434,546 | +€374,049 | +618% |
| Total equity and liabilities | 10/49 | €30,367,392 | €33,651,120 | +€3.3m | +10.8% |
| Equity | 10/15 | €11,109,985 | €11,682,510 | +€572,525 | +5.2% |
| Contributions | 10/11 | €1,712,000 | €1,712,000 | = | 0.0% |
| Capital | 10 | €1,712,000 | €1,712,000 | = | 0.0% |
| Issued capital | 100 | €1,712,000 | €1,712,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,026,512 | €1,026,512 | = | 0.0% |
| Reserves | 13 | €2,019,375 | €2,019,375 | = | 0.0% |
| Non-distributable reserves | 130/1 | €171,200 | €171,200 | = | 0.0% |
| Legal reserve | 130 | €171,200 | €171,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,021,825 | €1,021,825 | = | 0.0% |
| Distributable reserves | 133 | €826,350 | €826,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,352,098 | €6,924,622 | +€572,525 | +9.0% |
| Amounts payable | 17/49 | €19,257,406 | €21,968,610 | +€2.7m | +14.1% |
| Amounts payable after more than one year | 17 | €2,838,236 | €2,570,330 | -€267,906 | -9.4% |
| Financial debts | 170/4 | €2,838,236 | €2,570,330 | -€267,906 | -9.4% |
| Credit institutions | 173 | €2,838,236 | €2,570,330 | -€267,906 | -9.4% |
| Amounts payable within one year | 42/48 | €16,042,711 | €19,066,506 | +€3.0m | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €274,841 | €267,906 | -€6,934 | -2.5% |
| Trade debts | 44 | €9,929,316 | €10,324,858 | +€395,541 | +4.0% |
| Suppliers | 440/4 | €9,929,316 | €10,324,858 | +€395,541 | +4.0% |
| Advances received on contracts in progress | 46 | €4,361,642 | €4,230,790 | -€130,853 | -3.0% |
| Taxes, remuneration and social security | 45 | €1,476,912 | €1,242,952 | -€233,960 | -15.8% |
| Taxes | 450/3 | €450,443 | €73,383 | -€377,060 | -83.7% |
| Remuneration and social security | 454/9 | €1,026,470 | €1,169,570 | +€143,100 | +13.9% |
| Other amounts payable | 47/48 | - | €3,000,000 | +€3.0m | |
| Accrued charges and deferred income | 492/3 | €376,458 | €331,774 | -€44,684 | -11.9% |
| Operating income | 70/76A | €68,350,043 | €71,812,446 | +€3.5m | +5.1% |
| Turnover | 70 | €67,112,940 | €71,844,887 | +€4.7m | +7.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €989,828 | -€417,973 | -€1.4m | |
| Other operating income | 74 | €247,275 | €385,532 | +€138,256 | +55.9% |
| Operating charges | 60/66A | €63,595,796 | €67,094,762 | +€3.5m | +5.5% |
| Goods for resale, raw materials and consumables | 60 | €50,045,807 | €52,799,321 | +€2.8m | +5.5% |
| Purchases | 600/8 | €49,993,999 | €52,834,789 | +€2.8m | +5.7% |
| Change in stocks: decrease (increase) | 609 | €51,807 | -€35,467 | -€87,275 | |
| Services and other goods | 61 | €6,334,688 | €6,698,847 | +€364,159 | +5.7% |
| Remuneration, social security and pensions | 62 | €6,972,353 | €7,238,137 | +€265,784 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247,888 | €305,947 | +€58,060 | +23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,305 | -€7,968 | -€34,273 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€100,000 | - | +€100,000 | |
| Other operating charges | 640/8 | €68,756 | €60,476 | -€8,279 | -12.0% |
| Operating profit (loss) | 9901 | €4,754,247 | €4,717,684 | -€36,563 | -0.8% |
| Financial income | 75/76B | €138,923 | €183,476 | +€44,552 | +32.1% |
| Recurring financial income | 75 | €138,923 | €183,476 | +€44,552 | +32.1% |
| Income from current assets | 751 | €138,923 | €117,563 | -€21,361 | -15.4% |
| Other financial income | 752/9 | €0 | €65,913 | +€65,913 | +43,942,020% |
| Financial charges | 65/66B | €307,267 | €78,725 | -€228,541 | -74.4% |
| Recurring financial charges | 65 | €307,267 | €78,725 | -€228,541 | -74.4% |
| Other financial charges | 652/9 | €307,267 | €78,725 | -€228,541 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | €4,585,904 | €4,822,435 | +€236,531 | +5.2% |
| Income taxes | 67/77 | €1,242,542 | €1,249,910 | +€7,368 | +0.6% |
| Taxes | 670/3 | €1,256,920 | €1,270,162 | +€13,242 | +1.1% |
| Tax adjustments and reversals of tax provisions | 77 | €14,378 | €20,251 | +€5,874 | +40.9% |
| Profit (loss) for the period | 9904 | €3,343,362 | €3,572,525 | +€229,163 | +6.9% |
| Transfer to tax-exempt reserves | 689 | €1,000,000 | - | -€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €2,343,362 | €3,572,525 | +€1.2m | +52.5% |
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 15 October 2026 via checked.be.