EDISON ESP: 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.
EDISON ESP
Largest movements
- Cash -€180,190
down €180,190 (-91.3%), from €197,357 to €17,167
mainly Receivables within one year (-€122,179) and Tax, wage and social debts (-€105,153)
- Receivables within one year +€122,179
up €122,179 (+178.4%), from €68,499 to €190,678
of which Trade receivables: +€93,655
- Current investments -€49,871
down €49,871 (-28.5%), from €175,000 to €125,129
- Tangible fixed assets -€24,497
down €24,497 (-7.5%), from €328,786 to €304,289
of which Furniture and vehicles: -€23,119
- Receivables after one year -€8,333
down €8,333 (-50.0%), from €16,667 to €8,333
- Tax, wage and social debts -€105,153
down €105,153 (-87.4%), from €120,249 to €15,095
of which Taxes: -€111,130
- Other debts +€62,500
up €62,500, from €0 to €62,500
- Profit (loss) carried forward -€57,028
down €57,028 (-17.1%), from €332,644 to €275,615
- Debts after one year -€32,839
down €32,839 (-11.4%), from €287,018 to €254,178
- Advances received -€8,334
down €8,334 (-100.0%), from €8,334 to €0
- Gross operating margin +€97,059
up €97,059 (+320.2%), from €30,314 to €127,373
- Staff costs +€40,507
up €40,507 (+98.9%), from €40,974 to €81,482
- Depreciation +€14,746
up €14,746 (+93.3%), from €15,801 to €30,547
- Financial charges +€9,708
up €9,708 (+463.9%), from €2,093 to €11,801
- Financial income -€2,804
down €2,804 (-38.8%), from €7,225 to €4,421
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 | €828,832 | €689,217 | -€139,614 | -16.8% |
| Fixed assets | 21/28 | €328,786 | €306,759 | -€22,027 | -6.7% |
| Intangible fixed assets | 21 | - | €2,470 | +€2,470 | |
| Tangible fixed assets | 22/27 | €328,786 | €304,289 | -€24,497 | -7.5% |
| Land and buildings | 22 | €232,777 | €232,436 | -€341 | -0.1% |
| Plant, machinery and equipment | 23 | €3,699 | €2,662 | -€1,037 | -28.0% |
| Furniture and vehicles | 24 | €92,310 | €69,191 | -€23,119 | -25.0% |
| Current assets | 29/58 | €500,046 | €382,458 | -€117,587 | -23.5% |
| Amounts receivable after more than one year | 29 | €16,667 | €8,333 | -€8,333 | -50.0% |
| Other amounts receivable | 291 | €16,667 | €8,333 | -€8,333 | -50.0% |
| Stocks and contracts in progress | 3 | €28,279 | €33,205 | +€4,926 | +17.4% |
| Stocks | 30/36 | €28,279 | €33,205 | +€4,926 | +17.4% |
| Amounts receivable within one year | 40/41 | €68,499 | €190,678 | +€122,179 | +178.4% |
| Trade receivables | 40 | €25,247 | €118,902 | +€93,655 | +371.0% |
| Other amounts receivable | 41 | €43,253 | €71,776 | +€28,523 | +65.9% |
| Current investments | 50/53 | €175,000 | €125,129 | -€49,871 | -28.5% |
| Cash at bank and in hand | 54/58 | €197,357 | €17,167 | -€180,190 | -91.3% |
| Deferred charges and accrued income | 490/1 | €14,244 | €7,945 | -€6,298 | -44.2% |
| Total equity and liabilities | 10/49 | €828,832 | €689,217 | -€139,614 | -16.8% |
| Equity | 10/15 | €335,644 | €278,615 | -€57,028 | -17.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €332,644 | €275,615 | -€57,028 | -17.1% |
| Amounts payable | 17/49 | €493,188 | €410,602 | -€82,586 | -16.7% |
| Amounts payable after more than one year | 17 | €287,018 | €254,178 | -€32,839 | -11.4% |
| Financial debts | 170/4 | €287,018 | €254,178 | -€32,839 | -11.4% |
| Amounts payable within one year | 42/48 | €206,170 | €155,801 | -€50,369 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €31,737 | €33,878 | +€2,141 | +6.7% |
| Financial debts | 43 | €0 | €147 | +€147 | |
| Credit institutions | 430/8 | €0 | €147 | +€147 | |
| Trade debts | 44 | €45,851 | €44,180 | -€1,670 | -3.6% |
| Suppliers | 440/4 | €45,851 | €44,180 | -€1,670 | -3.6% |
| Advances received on contracts in progress | 46 | €8,334 | €0 | -€8,334 | -100.0% |
| Taxes, remuneration and social security | 45 | €120,249 | €15,095 | -€105,153 | -87.4% |
| Taxes | 450/3 | €112,697 | €1,566 | -€111,130 | -98.6% |
| Remuneration and social security | 454/9 | €7,552 | €13,529 | +€5,977 | +79.1% |
| Other amounts payable | 47/48 | €0 | €62,500 | +€62,500 | |
| Accrued charges and deferred income | 492/3 | €0 | €623 | +€623 | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €40,974 | €81,482 | +€40,507 | +98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,801 | €30,547 | +€14,746 | +93.3% |
| Other operating charges | 640/8 | €1,435 | €2,230 | +€795 | +55.4% |
| Gross operating margin | 9900 | €30,314 | €127,373 | +€97,059 | +320.2% |
| Operating profit (loss) | 9901 | -€27,897 | €13,114 | +€41,011 | |
| Financial income | 75/76B | €7,225 | €4,421 | -€2,804 | -38.8% |
| Recurring financial income | 75 | €7,225 | €4,421 | -€2,804 | -38.8% |
| Financial charges | 65/66B | €2,093 | €11,801 | +€9,708 | +463.9% |
| Recurring financial charges | 65 | €2,093 | €11,801 | +€9,708 | +463.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,765 | €5,735 | +€28,500 | |
| Income taxes | 67/77 | €280 | €263 | -€17 | -6.1% |
| Profit (loss) for the period | 9904 | -€23,045 | €5,472 | +€28,517 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,045 | €5,472 | +€28,517 |
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 29 September 2026 via checked.be.