EDITECH ENGINEERING: 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.
EDITECH ENGINEERING
Largest movements
- Cash -€130,085
down €130,085 (-66.6%), from €195,417 to €65,332
mainly Contributions, distributions and other (-€62,500) and Trade debts (-€61,389)
- Tangible fixed assets -€61,420
down €61,420 (-49.3%), from €124,524 to €63,104
of which Furniture and vehicles: -€51,164
- Receivables within one year +€23,490
up €23,490 (+4.1%), from €576,217 to €599,707
of which Other amounts receivable: +€54,812
- Financial fixed assets -€13,288
down €13,288 (-35.5%), from €37,390 to €24,102
- Reserves -€62,500
down €62,500 (-49.1%), from €127,250 to €64,750
of which Distributable reserves: -€62,500
- Trade debts -€61,389
down €61,389 (-10.4%), from €588,239 to €526,850
- Current portion of long-term debt -€40,722
down €40,722 (-63.3%), from €64,332 to €23,610
- Debts after one year -€23,232
no longer reported in 2025 (was €23,232)
- Tax, wage and social debts +€18,437
up €18,437 (+14.4%), from €128,470 to €146,907
of which Taxes: +€18,033
- Staff costs -€68,700
down €68,700 (-6.8%), from €1.0m to €935,096
- Gross operating margin -€52,217
down €52,217 (-4.7%), from €1.1m to €1.1m
- Taxes +€36,589
up €36,589 (+310.2%), from €11,795 to €48,384
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 | €937,650 | €754,141 | -€183,509 | -19.6% |
| Fixed assets | 21/28 | €161,914 | €87,206 | -€74,708 | -46.1% |
| Tangible fixed assets | 22/27 | €124,524 | €63,104 | -€61,420 | -49.3% |
| Plant, machinery and equipment | 23 | €22,933 | €12,752 | -€10,181 | -44.4% |
| Furniture and vehicles | 24 | €101,459 | €50,295 | -€51,164 | -50.4% |
| Other tangible fixed assets | 26 | €132 | €57 | -€75 | -56.8% |
| Financial fixed assets | 28 | €37,390 | €24,102 | -€13,288 | -35.5% |
| Current assets | 29/58 | €775,736 | €666,935 | -€108,801 | -14.0% |
| Amounts receivable within one year | 40/41 | €576,217 | €599,707 | +€23,490 | +4.1% |
| Trade receivables | 40 | €568,763 | €537,441 | -€31,322 | -5.5% |
| Other amounts receivable | 41 | €7,454 | €62,266 | +€54,812 | +735.3% |
| Cash at bank and in hand | 54/58 | €195,417 | €65,332 | -€130,085 | -66.6% |
| Deferred charges and accrued income | 490/1 | €4,102 | €1,896 | -€2,206 | -53.8% |
| Total equity and liabilities | 10/49 | €937,650 | €754,141 | -€183,509 | -19.6% |
| Equity | 10/15 | €127,531 | €53,046 | -€74,485 | -58.4% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €22,500 | +€22,500 | |
| Other | 1109/19 | - | €22,500 | +€22,500 | |
| Reserves | 13 | €127,250 | €64,750 | -€62,500 | -49.1% |
| Non-distributable reserves | 130/1 | €2,250 | €2,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,250 | €2,250 | = | 0.0% |
| Distributable reserves | 133 | €125,000 | €62,500 | -€62,500 | -50.0% |
| Profit (loss) carried forward | 14 | -€22,219 | -€34,204 | -€11,985 | -53.9% |
| Amounts payable | 17/49 | €810,119 | €701,095 | -€109,024 | -13.5% |
| Amounts payable after more than one year | 17 | €23,232 | - | -€23,232 | |
| Financial debts | 170/4 | €23,232 | - | -€23,232 | |
| Amounts payable within one year | 42/48 | €781,902 | €698,412 | -€83,490 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €64,332 | €23,610 | -€40,722 | -63.3% |
| Trade debts | 44 | €588,239 | €526,850 | -€61,389 | -10.4% |
| Suppliers | 440/4 | €588,239 | €526,850 | -€61,389 | -10.4% |
| Taxes, remuneration and social security | 45 | €128,470 | €146,907 | +€18,437 | +14.4% |
| Taxes | 450/3 | €11,795 | €29,828 | +€18,033 | +152.9% |
| Remuneration and social security | 454/9 | €116,675 | €117,079 | +€404 | +0.3% |
| Other amounts payable | 47/48 | €861 | €1,045 | +€184 | +21.4% |
| Accrued charges and deferred income | 492/3 | €4,985 | €2,683 | -€2,302 | -46.2% |
| Remuneration, social security and pensions | 62 | €1,003,796 | €935,096 | -€68,700 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,240 | €62,616 | -€2,624 | -4.0% |
| Other operating charges | 640/8 | €6,537 | €6,087 | -€450 | -6.9% |
| Gross operating margin | 9900 | €1,109,687 | €1,057,470 | -€52,217 | -4.7% |
| Operating profit (loss) | 9901 | €34,114 | €53,671 | +€19,557 | +57.3% |
| Financial income | 75/76B | €398 | - | -€398 | |
| Recurring financial income | 75 | €398 | - | -€398 | |
| Financial charges | 65/66B | €9,126 | €17,272 | +€8,146 | +89.3% |
| Recurring financial charges | 65 | €9,126 | €2,184 | -€6,942 | -76.1% |
| Non-recurring financial charges | 66B | - | €15,088 | +€15,088 | |
| Profit (loss) for the period before taxes | 9903 | €25,386 | €36,399 | +€11,013 | +43.4% |
| Income taxes | 67/77 | €11,795 | €48,384 | +€36,589 | +310.2% |
| Profit (loss) for the period | 9904 | €13,591 | -€11,985 | -€25,576 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,591 | -€11,985 | -€25,576 |
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 9 October 2026 via checked.be.