EDIPACT: 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.
EDIPACT
Largest movements
- Stocks and contracts -€150,120
no longer reported in 2025 (was €150,120)
- Cash +€106,734
up €106,734 (+471.0%), from €22,662 to €129,396
mainly Stocks and contracts (+€150,120) and Net result for the year (+€74,367)
- Receivables within one year -€59,122
down €59,122 (-55.0%), from €107,462 to €48,341
of which Other amounts receivable: -€39,877
- Tangible fixed assets -€41,366
down €41,366 (-5.8%), from €714,829 to €673,463
of which Land and buildings: -€41,273
- Debts after one year -€206,353
down €206,353 (-33.3%), from €618,870 to €412,518
- Tax, wage and social debts +€51,439
up €51,439 (+187.0%), from €27,505 to €78,944
- Trade debts +€27,781
up €27,781 (+54.9%), from €50,590 to €78,372
- Reserves -€27,586
down €27,586 (-10.0%), from €275,341 to €247,755
- Gross operating margin -€42,108
down €42,108 (-22.2%), from €189,416 to €147,308
- Write-downs -€34,000
down €34,000, from €17,000 to -€17,000
- Financial charges -€4,233
down €4,233 (-20.7%), from €20,446 to €16,212
- Financial income +€3,057
up €3,057 (+114.6%), from €2,667 to €5,723
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 | €1,018,375 | €871,678 | -€146,697 | -14.4% |
| Fixed assets | 21/28 | €731,205 | €689,839 | -€41,366 | -5.7% |
| Tangible fixed assets | 22/27 | €714,829 | €673,463 | -€41,366 | -5.8% |
| Land and buildings | 22 | €705,846 | €664,573 | -€41,273 | -5.8% |
| Plant, machinery and equipment | 23 | €4,545 | €4,452 | -€93 | -2.0% |
| Other tangible fixed assets | 26 | €4,438 | €4,438 | = | 0.0% |
| Financial fixed assets | 28 | €16,375 | €16,375 | = | 0.0% |
| Current assets | 29/58 | €287,170 | €181,839 | -€105,331 | -36.7% |
| Stocks and contracts in progress | 3 | €150,120 | - | -€150,120 | |
| Contracts in progress | 37 | €150,120 | - | -€150,120 | |
| Amounts receivable within one year | 40/41 | €107,462 | €48,341 | -€59,122 | -55.0% |
| Trade receivables | 40 | €23,804 | €4,560 | -€19,244 | -80.8% |
| Other amounts receivable | 41 | €83,658 | €43,781 | -€39,877 | -47.7% |
| Cash at bank and in hand | 54/58 | €22,662 | €129,396 | +€106,734 | +471.0% |
| Deferred charges and accrued income | 490/1 | €6,925 | €4,102 | -€2,823 | -40.8% |
| Total equity and liabilities | 10/49 | €1,018,375 | €871,678 | -€146,697 | -14.4% |
| Equity | 10/15 | €281,541 | €253,955 | -€27,586 | -9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €275,341 | €247,755 | -€27,586 | -10.0% |
| Distributable reserves | 133 | €275,341 | €247,755 | -€27,586 | -10.0% |
| Amounts payable | 17/49 | €736,833 | €617,723 | -€119,110 | -16.2% |
| Amounts payable after more than one year | 17 | €618,870 | €412,518 | -€206,353 | -33.3% |
| Financial debts | 170/4 | €618,870 | €412,518 | -€206,353 | -33.3% |
| Amounts payable within one year | 42/48 | €117,963 | €205,205 | +€87,242 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €39,326 | €39,953 | +€627 | +1.6% |
| Financial debts | 43 | - | €3,365 | +€3,365 | |
| Credit institutions | 430/8 | - | €3,365 | +€3,365 | |
| Trade debts | 44 | €50,590 | €78,372 | +€27,781 | +54.9% |
| Suppliers | 440/4 | €50,590 | €78,372 | +€27,781 | +54.9% |
| Advances received on contracts in progress | 46 | - | €4,000 | +€4,000 | |
| Taxes, remuneration and social security | 45 | €27,505 | €78,944 | +€51,439 | +187.0% |
| Taxes | 450/3 | €27,505 | €78,944 | +€51,439 | +187.0% |
| Other amounts payable | 47/48 | €542 | €572 | +€30 | +5.5% |
| Non-recurring operating income | 76A | €1,785 | - | -€1,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,042 | €42,228 | +€186 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,000 | -€17,000 | -€34,000 | |
| Other operating charges | 640/8 | €5,960 | €5,101 | -€859 | -14.4% |
| Gross operating margin | 9900 | €189,416 | €147,308 | -€42,108 | -22.2% |
| Operating profit (loss) | 9901 | €124,414 | €116,980 | -€7,434 | -6.0% |
| Financial income | 75/76B | €2,667 | €5,723 | +€3,057 | +114.6% |
| Recurring financial income | 75 | €2,667 | €5,723 | +€3,057 | +114.6% |
| Financial charges | 65/66B | €20,446 | €16,212 | -€4,233 | -20.7% |
| Recurring financial charges | 65 | €20,446 | €16,212 | -€4,233 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €106,635 | €106,491 | -€144 | -0.1% |
| Income taxes | 67/77 | €32,043 | €32,124 | +€81 | +0.3% |
| Profit (loss) for the period | 9904 | €74,592 | €74,367 | -€225 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,592 | €74,367 | -€225 | -0.3% |
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 10 October 2026 via checked.be.