EDISAL: 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.
EDISAL
Largest movements
- Cash +€44,280
up €44,280 (+29.6%), from €149,730 to €194,010
mainly Net result for the year (+€33,932) and Tax, wage and social debts (+€12,585)
- Receivables within one year +€2,702
up €2,702 (+42.7%), from €6,320 to €9,022
of which Other amounts receivable: +€2,129
- Reserves +€33,932
up €33,932 (+23.6%), from €144,036 to €177,969
of which Distributable reserves: +€33,932
- Tax, wage and social debts +€12,585
new in 2025: €12,585
- Gross operating margin +€34,222
up €34,222 (+280%), from €12,219 to €46,441
- Taxes +€10,796
up €10,796 (+444%), from €2,430 to €13,226
- Financial income +€859
up €859 (+626%), from €137 to €996
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 | €156,437 | €203,267 | +€46,830 | +29.9% |
| Fixed assets | 21/28 | €387 | €235 | -€152 | -39.3% |
| Tangible fixed assets | 22/27 | €387 | €235 | -€152 | -39.3% |
| Furniture and vehicles | 24 | €387 | €235 | -€152 | -39.3% |
| Current assets | 29/58 | €156,049 | €203,032 | +€46,982 | +30.1% |
| Amounts receivable within one year | 40/41 | €6,320 | €9,022 | +€2,702 | +42.7% |
| Trade receivables | 40 | €2,058 | €2,631 | +€572 | +27.8% |
| Other amounts receivable | 41 | €4,262 | €6,391 | +€2,129 | +50.0% |
| Cash at bank and in hand | 54/58 | €149,730 | €194,010 | +€44,280 | +29.6% |
| Total equity and liabilities | 10/49 | €156,437 | €203,267 | +€46,830 | +29.9% |
| Equity | 10/15 | €150,236 | €184,169 | +€33,932 | +22.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €144,036 | €177,969 | +€33,932 | +23.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €142,176 | €176,109 | +€33,932 | +23.9% |
| Amounts payable | 17/49 | €6,200 | €19,098 | +€12,898 | +208% |
| Amounts payable within one year | 42/48 | €6,200 | €19,098 | +€12,898 | +208% |
| Trade debts | 44 | €57 | €369 | +€312 | +546% |
| Suppliers | 440/4 | €57 | €369 | +€312 | +546% |
| Taxes, remuneration and social security | 45 | - | €12,585 | +€12,585 | |
| Taxes | 450/3 | - | €12,585 | +€12,585 | |
| Other amounts payable | 47/48 | €6,143 | €6,143 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | €152 | +€61 | +66.3% |
| Gross operating margin | 9900 | €12,219 | €46,441 | +€34,222 | +280% |
| Operating profit (loss) | 9901 | €12,128 | €46,289 | +€34,161 | +282% |
| Financial income | 75/76B | €137 | €996 | +€859 | +626% |
| Recurring financial income | 75 | €137 | €996 | +€859 | +626% |
| Financial charges | 65/66B | €115 | €127 | +€11 | +9.9% |
| Recurring financial charges | 65 | €115 | €127 | +€11 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €12,150 | €47,158 | +€35,008 | +288% |
| Income taxes | 67/77 | €2,430 | €13,226 | +€10,796 | +444% |
| Profit (loss) for the period | 9904 | €9,720 | €33,932 | +€24,212 | +249% |
| Profit (loss) for the period to be appropriated | 9905 | €9,720 | €33,932 | +€24,212 | +249% |
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 18 October 2026 via checked.be.