EDIFYS: 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.
EDIFYS
Largest movements
- Receivables within one year +€501,860
up €501,860 (+185%), from €271,102 to €772,962
of which Trade receivables: +€537,142
- Cash +€193,957
up €193,957 (+796%), from €24,355 to €218,312
mainly Other debts (+€465,741) and Net result for the year (+€148,766)
- Other debts +€465,741
up €465,741 (+295%), from €157,975 to €623,716
- Current portion of long-term debt +€112,376
up €112,376 (+215%), from €52,179 to €164,554
- Tax, wage and social debts +€58,850
up €58,850 (+161%), from €36,448 to €95,298
of which Remuneration and social security: +€67,708
- Trade debts +€49,713
up €49,713 (+10.3%), from €480,391 to €530,104
- Profit (loss) carried forward +€23,766
up €23,766 (+13.6%), from €174,237 to €198,002
- Staff costs +€200,751
up €200,751 (+39.6%), from €507,064 to €707,815
- Gross operating margin +€196,742
up €196,742 (+26.9%), from €730,215 to €926,957
- Write-downs -€48,599
no longer reported in 2025 (was €48,599)
- Depreciation +€15,860
up €15,860 (+87.0%), from €18,224 to €34,084
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,190,462 | €1,900,906 | +€710,444 | +59.7% |
| Fixed assets | 21/28 | €889,461 | €903,069 | +€13,607 | +1.5% |
| Tangible fixed assets | 22/27 | €44,337 | €57,945 | +€13,607 | +30.7% |
| Plant, machinery and equipment | 23 | €31,887 | €23,768 | -€8,119 | -25.5% |
| Furniture and vehicles | 24 | €12,451 | €34,177 | +€21,726 | +175% |
| Financial fixed assets | 28 | €845,124 | €845,124 | = | 0.0% |
| Current assets | 29/58 | €301,001 | €997,837 | +€696,836 | +232% |
| Stocks and contracts in progress | 3 | €4,023 | €5,896 | +€1,873 | +46.5% |
| Stocks | 30/36 | €4,023 | €5,896 | +€1,873 | +46.5% |
| Amounts receivable within one year | 40/41 | €271,102 | €772,962 | +€501,860 | +185% |
| Trade receivables | 40 | €195,838 | €732,980 | +€537,142 | +274% |
| Other amounts receivable | 41 | €75,264 | €39,982 | -€35,282 | -46.9% |
| Cash at bank and in hand | 54/58 | €24,355 | €218,312 | +€193,957 | +796% |
| Deferred charges and accrued income | 490/1 | €1,520 | €667 | -€853 | -56.1% |
| Total equity and liabilities | 10/49 | €1,190,462 | €1,900,906 | +€710,444 | +59.7% |
| Equity | 10/15 | €242,316 | €266,081 | +€23,766 | +9.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,579 | €6,579 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €429 | €429 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,237 | €198,002 | +€23,766 | +13.6% |
| Amounts payable | 17/49 | €948,146 | €1,634,825 | +€686,678 | +72.4% |
| Amounts payable after more than one year | 17 | €217,043 | €217,043 | = | 0.0% |
| Financial debts | 170/4 | €100,967 | €100,967 | = | 0.0% |
| Other amounts payable | 178/9 | €116,075 | €116,075 | = | 0.0% |
| Amounts payable within one year | 42/48 | €726,993 | €1,413,673 | +€686,680 | +94.5% |
| Current portion of amounts payable after more than one year | 42 | €52,179 | €164,554 | +€112,376 | +215% |
| Trade debts | 44 | €480,391 | €530,104 | +€49,713 | +10.3% |
| Suppliers | 440/4 | €480,391 | €530,104 | +€49,713 | +10.3% |
| Taxes, remuneration and social security | 45 | €36,448 | €95,298 | +€58,850 | +161% |
| Taxes | 450/3 | €19,454 | €10,596 | -€8,858 | -45.5% |
| Remuneration and social security | 454/9 | €16,994 | €84,702 | +€67,708 | +398% |
| Other amounts payable | 47/48 | €157,975 | €623,716 | +€465,741 | +295% |
| Accrued charges and deferred income | 492/3 | €4,111 | €4,109 | -€2 | 0.0% |
| Remuneration, social security and pensions | 62 | €507,064 | €707,815 | +€200,751 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,224 | €34,084 | +€15,860 | +87.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €48,599 | - | -€48,599 | |
| Other operating charges | 640/8 | €3,966 | €4,774 | +€809 | +20.4% |
| Gross operating margin | 9900 | €730,215 | €926,957 | +€196,742 | +26.9% |
| Operating profit (loss) | 9901 | €152,362 | €180,284 | +€27,922 | +18.3% |
| Financial income | 75/76B | €705 | €227 | -€479 | -67.9% |
| Recurring financial income | 75 | €705 | €227 | -€479 | -67.9% |
| Financial charges | 65/66B | €15,536 | €19,674 | +€4,139 | +26.6% |
| Recurring financial charges | 65 | €15,536 | €19,674 | +€4,139 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €137,532 | €160,836 | +€23,304 | +16.9% |
| Income taxes | 67/77 | €12,785 | €12,070 | -€715 | -5.6% |
| Profit (loss) for the period | 9904 | €124,746 | €148,766 | +€24,019 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €124,746 | €148,766 | +€24,019 | +19.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.