EDIL: 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.
EDIL
Largest movements
- Current investments +€208,927
up €208,927 (+28.6%), from €731,041 to €939,968
- Tangible fixed assets -€92,715
down €92,715 (-5.3%), from €1.8m to €1.7m
of which Land and buildings: -€65,258
- Cash +€71,062
up €71,062 (+427.8%), from €16,612 to €87,674
mainly Net result for the year (+€215,538) and Depreciation (+€155,360)
- Receivables within one year +€40,360
up €40,360 (+105.7%), from €38,178 to €78,538
of which Trade receivables: +€30,697
- Profit (loss) carried forward +€131,338
up €131,338 (+16.4%), from €800,578 to €931,916
- Reserves +€84,200
up €84,200 (+28.4%), from €296,511 to €380,711
of which Tax-exempt reserves: +€84,200
- Gross operating margin +€67,547
up €67,547 (+15.4%), from €438,237 to €505,784
- Depreciation -€19,950
down €19,950 (-11.4%), from €175,310 to €155,360
- Financial income +€11,453
up €11,453 (+127.1%), from €9,011 to €20,464
- Taxes +€11,367
up €11,367 (+24.8%), from €45,799 to €57,166
- Other operating charges -€9,184
down €9,184 (-8.6%), from €106,806 to €97,622
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 | €2,574,342 | €2,778,440 | +€204,098 | +7.9% |
| Fixed assets | 21/28 | €1,764,297 | €1,671,583 | -€92,715 | -5.3% |
| Tangible fixed assets | 22/27 | €1,764,297 | €1,671,583 | -€92,715 | -5.3% |
| Land and buildings | 22 | €1,659,112 | €1,593,854 | -€65,258 | -3.9% |
| Plant, machinery and equipment | 23 | €74,278 | €57,544 | -€16,734 | -22.5% |
| Furniture and vehicles | 24 | €30,907 | €20,184 | -€10,723 | -34.7% |
| Current assets | 29/58 | €810,044 | €1,106,857 | +€296,813 | +36.6% |
| Amounts receivable within one year | 40/41 | €38,178 | €78,538 | +€40,360 | +105.7% |
| Trade receivables | 40 | €38,178 | €68,875 | +€30,697 | +80.4% |
| Other amounts receivable | 41 | - | €9,663 | +€9,663 | |
| Current investments | 50/53 | €731,041 | €939,968 | +€208,927 | +28.6% |
| Cash at bank and in hand | 54/58 | €16,612 | €87,674 | +€71,062 | +427.8% |
| Deferred charges and accrued income | 490/1 | €24,214 | €678 | -€23,536 | -97.2% |
| Total equity and liabilities | 10/49 | €2,574,342 | €2,778,440 | +€204,098 | +7.9% |
| Equity | 10/15 | €2,460,504 | €2,676,042 | +€215,538 | +8.8% |
| Contributions | 10/11 | €1,363,414 | €1,363,414 | = | 0.0% |
| Capital | 10 | €1,363,414 | €1,363,414 | = | 0.0% |
| Issued capital | 100 | €1,363,414 | €1,363,414 | = | 0.0% |
| Reserves | 13 | €296,511 | €380,711 | +€84,200 | +28.4% |
| Non-distributable reserves | 130/1 | €136,341 | €136,341 | = | 0.0% |
| Legal reserve | 130 | €136,341 | €136,341 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,770 | €190,970 | +€84,200 | +78.9% |
| Distributable reserves | 133 | €53,400 | €53,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €800,578 | €931,916 | +€131,338 | +16.4% |
| Amounts payable | 17/49 | €113,838 | €102,398 | -€11,440 | -10.0% |
| Amounts payable within one year | 42/48 | €113,838 | €102,398 | -€11,440 | -10.0% |
| Trade debts | 44 | €36,295 | €18,610 | -€17,685 | -48.7% |
| Suppliers | 440/4 | €36,295 | €18,610 | -€17,685 | -48.7% |
| Taxes, remuneration and social security | 45 | €8,793 | €15,038 | +€6,245 | +71.0% |
| Taxes | 450/3 | €8,793 | €15,038 | +€6,245 | +71.0% |
| Other amounts payable | 47/48 | €68,750 | €68,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,310 | €155,360 | -€19,950 | -11.4% |
| Other operating charges | 640/8 | €106,806 | €97,622 | -€9,184 | -8.6% |
| Gross operating margin | 9900 | €438,237 | €505,784 | +€67,547 | +15.4% |
| Operating profit (loss) | 9901 | €156,120 | €252,802 | +€96,681 | +61.9% |
| Financial income | 75/76B | €9,011 | €20,464 | +€11,453 | +127.1% |
| Recurring financial income | 75 | €9,011 | €20,464 | +€11,453 | +127.1% |
| Financial charges | 65/66B | €293 | €561 | +€268 | +91.5% |
| Recurring financial charges | 65 | €293 | €561 | +€268 | +91.5% |
| Profit (loss) for the period before taxes | 9903 | €164,838 | €272,704 | +€107,866 | +65.4% |
| Income taxes | 67/77 | €45,799 | €57,166 | +€11,367 | +24.8% |
| Profit (loss) for the period | 9904 | €119,039 | €215,538 | +€96,499 | +81.1% |
| Transfer to tax-exempt reserves | 689 | €50,520 | €84,200 | +€33,680 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,519 | €131,338 | +€62,819 | +91.7% |
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 5 October 2026 via checked.be.