EDISONS: 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.
EDISONS
Largest movements
- Receivables within one year +€151,858
up €151,858 (+169.4%), from €89,635 to €241,493
of which Trade receivables: +€148,438
- Tangible fixed assets -€91,441
down €91,441 (-22.2%), from €412,787 to €321,346
of which Plant, machinery and equipment: -€68,187
- Financial fixed assets +€9,000
up €9,000 (+176.5%), from €5,100 to €14,100
- Cash -€7,937
down €7,937 (-26.1%), from €30,422 to €22,485
mainly Receivables within one year (-€151,858) and Trade debts (-€98,480)
- Trade debts -€98,480
down €98,480 (-33.4%), from €294,610 to €196,130
- Debts after one year +€57,274
up €57,274 (+94.2%), from €60,773 to €118,047
- Current portion of long-term debt +€41,194
up €41,194 (+91.4%), from €45,084 to €86,277
- Tax, wage and social debts +€40,535
up €40,535 (+114.4%), from €35,440 to €75,975
of which Taxes: +€46,155
- Short-term financial debts +€15,755
up €15,755 (+62.0%), from €25,417 to €41,172
- Depreciation +€32,598
up €32,598 (+27.9%), from €117,043 to €149,641
- Staff costs -€16,095
down €16,095 (-15.4%), from €104,643 to €88,548
- Financial charges +€3,006
up €3,006 (+40.3%), from €7,462 to €10,469
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 | €540,144 | €605,646 | +€65,502 | +12.1% |
| Fixed assets | 21/28 | €418,173 | €335,599 | -€82,574 | -19.7% |
| Intangible fixed assets | 21 | €286 | €153 | -€133 | -46.6% |
| Tangible fixed assets | 22/27 | €412,787 | €321,346 | -€91,441 | -22.2% |
| Plant, machinery and equipment | 23 | €317,407 | €249,219 | -€68,187 | -21.5% |
| Furniture and vehicles | 24 | €29,462 | €13,274 | -€16,188 | -54.9% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €65,919 | €58,853 | -€7,066 | -10.7% |
| Financial fixed assets | 28 | €5,100 | €14,100 | +€9,000 | +176.5% |
| Current assets | 29/58 | €121,971 | €270,048 | +€148,076 | +121.4% |
| Amounts receivable within one year | 40/41 | €89,635 | €241,493 | +€151,858 | +169.4% |
| Trade receivables | 40 | €83,179 | €231,616 | +€148,438 | +178.5% |
| Other amounts receivable | 41 | €6,457 | €9,877 | +€3,421 | +53.0% |
| Cash at bank and in hand | 54/58 | €30,422 | €22,485 | -€7,937 | -26.1% |
| Deferred charges and accrued income | 490/1 | €1,914 | €6,070 | +€4,156 | +217.1% |
| Total equity and liabilities | 10/49 | €540,144 | €605,646 | +€65,502 | +12.1% |
| Equity | 10/15 | €78,821 | €88,046 | +€9,225 | +11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €58,821 | €58,821 | = | 0.0% |
| Distributable reserves | 133 | €58,821 | €58,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €9,225 | +€9,225 | |
| Amounts payable | 17/49 | €461,323 | €517,601 | +€56,277 | +12.2% |
| Amounts payable after more than one year | 17 | €60,773 | €118,047 | +€57,274 | +94.2% |
| Financial debts | 170/4 | €60,773 | €118,047 | +€57,274 | +94.2% |
| Amounts payable within one year | 42/48 | €400,550 | €399,554 | -€996 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €45,084 | €86,277 | +€41,194 | +91.4% |
| Financial debts | 43 | €25,417 | €41,172 | +€15,755 | +62.0% |
| Credit institutions | 430/8 | €25,417 | €41,172 | +€15,755 | +62.0% |
| Trade debts | 44 | €294,610 | €196,130 | -€98,480 | -33.4% |
| Suppliers | 440/4 | €294,610 | €196,130 | -€98,480 | -33.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €35,440 | €75,975 | +€40,535 | +114.4% |
| Taxes | 450/3 | €12,972 | €59,127 | +€46,155 | +355.8% |
| Remuneration and social security | 454/9 | €22,468 | €16,848 | -€5,620 | -25.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €104,643 | €88,548 | -€16,095 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,043 | €149,641 | +€32,598 | +27.9% |
| Other operating charges | 640/8 | €2,230 | €2,100 | -€130 | -5.8% |
| Non-recurring operating charges | 66A | €15,209 | - | -€15,209 | |
| Gross operating margin | 9900 | €257,227 | €259,092 | +€1,865 | +0.7% |
| Operating profit (loss) | 9901 | €18,102 | €18,802 | +€700 | +3.9% |
| Financial income | 75/76B | €7 | €892 | +€885 | +13432.0% |
| Recurring financial income | 75 | €7 | €892 | +€885 | +13432.0% |
| Financial charges | 65/66B | €7,462 | €10,469 | +€3,006 | +40.3% |
| Recurring financial charges | 65 | €7,462 | €10,469 | +€3,006 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €10,646 | €9,225 | -€1,421 | -13.3% |
| Income taxes | 67/77 | €407 | €0 | -€407 | -100.0% |
| Profit (loss) for the period | 9904 | €10,239 | €9,225 | -€1,014 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,239 | €9,225 | -€1,014 | -9.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.