EDIL INVEST: 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.
EDIL INVEST
Largest movements
- Tangible fixed assets +€629,038
up €629,038 (+33.4%), from €1.9m to €2.5m
of which Land and buildings: +€629,038
- Receivables within one year +€203,970
up €203,970 (+6,743%), from €3,025 to €206,995
of which Other amounts receivable: +€200,060
- Cash -€153,456
down €153,456 (-47.3%), from €324,372 to €170,916
mainly Investment in fixed assets (net) (-€759,019) and Receivables within one year (-€203,970)
- Debts after one year +€508,880
up €508,880 (+84.5%), from €602,058 to €1.1m
of which Financial debts: +€508,880
- Other debts +€242,534
up €242,534 (+72.8%), from €333,162 to €575,696
- Current portion of long-term debt -€128,201
down €128,201 (-53.7%), from €238,644 to €110,442
- Reserves +€39,762
up €39,762 (+4.5%), from €875,994 to €915,756
of which Distributable reserves: +€60,944
- Gross operating margin -€144,403
down €144,403 (-42.4%), from €340,807 to €196,403
- Depreciation +€16,016
up €16,016 (+14.1%), from €113,965 to €129,981
- Taxes -€14,772
down €14,772 (-100%), from €14,772 to €0
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 | €2,230,359 | €2,897,240 | +€666,881 | +29.9% |
| Fixed assets | 21/28 | €1,885,654 | €2,514,693 | +€629,038 | +33.4% |
| Tangible fixed assets | 22/27 | €1,885,129 | €2,514,168 | +€629,038 | +33.4% |
| Land and buildings | 22 | €1,885,129 | €2,514,168 | +€629,038 | +33.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €344,705 | €382,548 | +€37,843 | +11.0% |
| Amounts receivable within one year | 40/41 | €3,025 | €206,995 | +€203,970 | +6,743% |
| Trade receivables | 40 | €3,025 | €6,935 | +€3,910 | +129% |
| Other amounts receivable | 41 | - | €200,060 | +€200,060 | |
| Cash at bank and in hand | 54/58 | €324,372 | €170,916 | -€153,456 | -47.3% |
| Deferred charges and accrued income | 490/1 | €17,308 | €4,637 | -€12,671 | -73.2% |
| Total equity and liabilities | 10/49 | €2,230,359 | €2,897,240 | +€666,881 | +29.9% |
| Equity | 10/15 | €894,594 | €934,356 | +€39,762 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €875,994 | €915,756 | +€39,762 | +4.5% |
| 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 | €420,286 | €399,105 | -€21,181 | -5.0% |
| Distributable reserves | 133 | €453,848 | €514,791 | +€60,944 | +13.4% |
| Provisions and deferred taxes | 16 | €140,095 | €133,035 | -€7,060 | -5.0% |
| Deferred taxes | 168 | €140,095 | €133,035 | -€7,060 | -5.0% |
| Amounts payable | 17/49 | €1,195,670 | €1,829,849 | +€634,179 | +53.0% |
| Amounts payable after more than one year | 17 | €602,058 | €1,110,938 | +€508,880 | +84.5% |
| Financial debts | 170/4 | €592,947 | €1,101,827 | +€508,880 | +85.8% |
| Other amounts payable | 178/9 | €9,111 | €9,111 | = | 0.0% |
| Amounts payable within one year | 42/48 | €590,796 | €714,111 | +€123,314 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €238,644 | €110,442 | -€128,201 | -53.7% |
| Trade debts | 44 | €1,140 | €24,621 | +€23,481 | +2,060% |
| Suppliers | 440/4 | €1,140 | €24,621 | +€23,481 | +2,060% |
| Taxes, remuneration and social security | 45 | €17,850 | €3,352 | -€14,499 | -81.2% |
| Taxes | 450/3 | €17,850 | €3,352 | -€14,499 | -81.2% |
| Other amounts payable | 47/48 | €333,162 | €575,696 | +€242,534 | +72.8% |
| Accrued charges and deferred income | 492/3 | €2,815 | €4,800 | +€1,985 | +70.5% |
| Non-recurring operating income | 76A | €142,376 | - | -€142,376 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,965 | €129,981 | +€16,016 | +14.1% |
| Other operating charges | 640/8 | €16,954 | €17,134 | +€181 | +1.1% |
| Non-recurring operating charges | 66A | €17,421 | - | -€17,421 | |
| Gross operating margin | 9900 | €340,807 | €196,403 | -€144,403 | -42.4% |
| Operating profit (loss) | 9901 | €192,467 | €49,288 | -€143,178 | -74.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €16,151 | €16,586 | +€435 | +2.7% |
| Recurring financial charges | 65 | €16,151 | €16,586 | +€435 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €176,315 | €32,702 | -€143,613 | -81.5% |
| Transfer from deferred taxes | 780 | €5,041 | €7,060 | +€2,020 | +40.1% |
| Transfer to deferred taxes | 680 | €35,594 | - | -€35,594 | |
| Income taxes | 67/77 | €14,772 | €0 | -€14,772 | -100% |
| Profit (loss) for the period | 9904 | €130,990 | €39,762 | -€91,228 | -69.6% |
| Transfer from tax-exempt reserves | 789 | €15,122 | €21,181 | +€6,060 | +40.1% |
| Transfer to tax-exempt reserves | 689 | €106,782 | - | -€106,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,330 | €60,944 | +€21,614 | +55.0% |
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 27 October 2026 via checked.be.