EDIPE: 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.
EDIPE
Largest movements
- Cash -€110,035
down €110,035 (-84.4%), from €130,391 to €20,357
mainly Receivables within one year (-€53,440) and Deferred charges and accrued income (-€33,632)
- Receivables within one year +€53,440
up €53,440 (+60.6%), from €88,177 to €141,617
of which Trade receivables: +€45,579
- Deferred charges and accrued income +€33,632
up €33,632 (+8,493%), from €396 to €34,028
- Stocks and contracts +€30,754
up €30,754, from €0 to €30,754
- Tangible fixed assets +€8,491
up €8,491 (+34.6%), from €24,559 to €33,050
of which Leasing and similar rights: +€21,014
- Debts after one year +€14,631
new in 2025: €14,631
- Profit (loss) carried forward -€11,898
down €11,898 (-6.5%), from €181,717 to €169,819
- Trade debts +€9,354
up €9,354 (+19.3%), from €48,551 to €57,905
- Current portion of long-term debt +€3,991
new in 2025: €3,991
- Gross operating margin -€25,448
down €25,448 (-84.2%), from €30,227 to €4,779
- Depreciation +€2,900
up €2,900 (+23.2%), from €12,523 to €15,423
- Financial charges +€741
up €741 (+1,593%), from €47 to €787
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 | €276,523 | €292,805 | +€16,282 | +5.9% |
| Fixed assets | 21/28 | €57,559 | €66,050 | +€8,491 | +14.8% |
| Tangible fixed assets | 22/27 | €24,559 | €33,050 | +€8,491 | +34.6% |
| Furniture and vehicles | 24 | €24,559 | €12,036 | -€12,523 | -51.0% |
| Leasing and similar rights | 25 | - | €21,014 | +€21,014 | |
| Financial fixed assets | 28 | €33,000 | €33,000 | = | 0.0% |
| Current assets | 29/58 | €218,964 | €226,755 | +€7,791 | +3.6% |
| Stocks and contracts in progress | 3 | €0 | €30,754 | +€30,754 | |
| Stocks | 30/36 | €0 | €30,754 | +€30,754 | |
| Amounts receivable within one year | 40/41 | €88,177 | €141,617 | +€53,440 | +60.6% |
| Trade receivables | 40 | €77,375 | €122,954 | +€45,579 | +58.9% |
| Other amounts receivable | 41 | €10,802 | €18,663 | +€7,861 | +72.8% |
| Cash at bank and in hand | 54/58 | €130,391 | €20,357 | -€110,035 | -84.4% |
| Deferred charges and accrued income | 490/1 | €396 | €34,028 | +€33,632 | +8,493% |
| Total equity and liabilities | 10/49 | €276,523 | €292,805 | +€16,282 | +5.9% |
| Equity | 10/15 | €227,972 | €216,074 | -€11,898 | -5.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €27,255 | €27,255 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €25,355 | €25,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,717 | €169,819 | -€11,898 | -6.5% |
| Amounts payable | 17/49 | €48,551 | €76,730 | +€28,180 | +58.0% |
| Amounts payable after more than one year | 17 | - | €14,631 | +€14,631 | |
| Financial debts | 170/4 | - | €14,631 | +€14,631 | |
| Amounts payable within one year | 42/48 | €48,551 | €62,100 | +€13,549 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,991 | +€3,991 | |
| Trade debts | 44 | €48,551 | €57,905 | +€9,354 | +19.3% |
| Suppliers | 440/4 | €48,551 | €57,905 | +€9,354 | +19.3% |
| Taxes, remuneration and social security | 45 | €0 | €204 | +€204 | |
| Taxes | 450/3 | €0 | €204 | +€204 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €36,000 | €1,500 | -€34,500 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,523 | €15,423 | +€2,900 | +23.2% |
| Other operating charges | 640/8 | €760 | €785 | +€25 | +3.3% |
| Gross operating margin | 9900 | €30,227 | €4,779 | -€25,448 | -84.2% |
| Operating profit (loss) | 9901 | €16,944 | -€11,429 | -€28,373 | |
| Financial income | 75/76B | €347 | €609 | +€262 | +75.7% |
| Recurring financial income | 75 | €347 | €609 | +€262 | +75.7% |
| Financial charges | 65/66B | €47 | €787 | +€741 | +1,593% |
| Recurring financial charges | 65 | €47 | €787 | +€741 | +1,593% |
| Profit (loss) for the period before taxes | 9903 | €17,244 | -€11,608 | -€28,851 | |
| Income taxes | 67/77 | €301 | €290 | -€11 | -3.5% |
| Profit (loss) for the period | 9904 | €16,943 | -€11,898 | -€28,841 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,943 | -€11,898 | -€28,841 |
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 19 October 2026 via checked.be.