EDIFISC: what changed
Two fiscal 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.
EDIFISC
Largest movements
- Receivables within one year -€324,944
down €324,944 (-27.9%), from €1.2m to €841,333
of which Other amounts receivable: -€338,296
- Cash +€30,315
up €30,315 (+200.0%), from €15,160 to €45,475
mainly Receivables within one year (+€324,944) and Net result for the year (+€141,367)
- Reserves -€105,112
down €105,112 (-15.2%), from €692,250 to €587,139
of which Distributable reserves: -€105,112
- Tax, wage and social debts -€79,797
down €79,797 (-32.3%), from €246,710 to €166,913
of which Taxes: -€79,793
- Short-term financial debts -€54,973
down €54,973 (-56.4%), from €97,506 to €42,532
of which Credit institutions: -€54,971
- Debts after one year -€22,296
down €22,296 (-45.1%), from €49,388 to €27,092
- Trade debts -€20,799
down €20,799 (-23.6%), from €87,991 to €67,192
- Gross operating margin -€64,431
down €64,431 (-21.6%), from €298,940 to €234,509
- Taxes -€15,094
down €15,094 (-21.9%), from €68,871 to €53,776
- Staff costs -€14,165
down €14,165, from €13,847 to -€318
- Other operating charges -€13,608
down €13,608 (-48.4%), from €28,126 to €14,518
- Financial charges +€3,932
up €3,932 (+29.0%), from €13,564 to €17,496
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 | €1,222,506 | €925,662 | -€296,844 | -24.3% |
| Fixed assets | 21/28 | €41,068 | €38,344 | -€2,725 | -6.6% |
| Tangible fixed assets | 22/27 | €41,068 | €38,344 | -€2,725 | -6.6% |
| Furniture and vehicles | 24 | €19,838 | €22,057 | +€2,219 | +11.2% |
| Other tangible fixed assets | 26 | €21,230 | €16,287 | -€4,943 | -23.3% |
| Current assets | 29/58 | €1,181,438 | €887,318 | -€294,119 | -24.9% |
| Amounts receivable within one year | 40/41 | €1,166,277 | €841,333 | -€324,944 | -27.9% |
| Trade receivables | 40 | €443,940 | €457,293 | +€13,352 | +3.0% |
| Other amounts receivable | 41 | €722,337 | €384,041 | -€338,296 | -46.8% |
| Cash at bank and in hand | 54/58 | €15,160 | €45,475 | +€30,315 | +200.0% |
| Deferred charges and accrued income | 490/1 | - | €510 | +€510 | |
| Total equity and liabilities | 10/49 | €1,222,506 | €925,662 | -€296,844 | -24.3% |
| Equity | 10/15 | €704,750 | €599,639 | -€105,112 | -14.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €692,250 | €587,139 | -€105,112 | -15.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €690,390 | €585,279 | -€105,112 | -15.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €517,756 | €326,023 | -€191,733 | -37.0% |
| Amounts payable after more than one year | 17 | €49,388 | €27,092 | -€22,296 | -45.1% |
| Financial debts | 170/4 | €49,388 | €27,092 | -€22,296 | -45.1% |
| Amounts payable within one year | 42/48 | €468,368 | €298,931 | -€169,436 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €36,161 | €22,295 | -€13,867 | -38.3% |
| Financial debts | 43 | €97,506 | €42,532 | -€54,973 | -56.4% |
| Credit institutions | 430/8 | €94,971 | €40,000 | -€54,971 | -57.9% |
| Other loans | 439 | €2,535 | €2,532 | -€3 | -0.1% |
| Trade debts | 44 | €87,991 | €67,192 | -€20,799 | -23.6% |
| Suppliers | 440/4 | €87,991 | €67,192 | -€20,799 | -23.6% |
| Taxes, remuneration and social security | 45 | €246,710 | €166,913 | -€79,797 | -32.3% |
| Taxes | 450/3 | €246,706 | €166,913 | -€79,793 | -32.3% |
| Remuneration and social security | 454/9 | €4 | - | -€4 | |
| Remuneration, social security and pensions | 62 | €13,847 | -€318 | -€14,165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,284 | €11,086 | +€2,802 | +33.8% |
| Other operating charges | 640/8 | €28,126 | €14,518 | -€13,608 | -48.4% |
| Gross operating margin | 9900 | €298,940 | €234,509 | -€64,431 | -21.6% |
| Operating profit (loss) | 9901 | €248,683 | €209,224 | -€39,460 | -15.9% |
| Financial income | 75/76B | - | €3,416 | +€3,416 | |
| Recurring financial income | 75 | - | €3,416 | +€3,416 | |
| Financial charges | 65/66B | €13,564 | €17,496 | +€3,932 | +29.0% |
| Recurring financial charges | 65 | €13,564 | €17,496 | +€3,932 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €235,119 | €195,144 | -€39,976 | -17.0% |
| Income taxes | 67/77 | €68,871 | €53,776 | -€15,094 | -21.9% |
| Profit (loss) for the period | 9904 | €166,249 | €141,367 | -€24,881 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €166,249 | €141,367 | -€24,881 | -15.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.