EDITRA: 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.
EDITRA
Largest movements
- Receivables within one year -€92,670
down €92,670 (-23.7%), from €390,952 to €298,282
of which Other amounts receivable: -€105,879
- Cash -€64,352
down €64,352 (-61.2%), from €105,103 to €40,751
mainly Contributions, distributions and other (-€100,015) and Other debts (-€57,042)
- Tangible fixed assets +€26,091
up €26,091, from €0 to €26,091
of which Land and buildings: +€26,091
- Current investments -€8,496
down €8,496 (-5.4%), from €158,686 to €150,190
- Reserves -€81,876
down €81,876 (-16.2%), from €504,955 to €423,079
- Other debts -€57,042
down €57,042 (-79.8%), from €71,488 to €14,446
- Gross operating margin -€18,054
down €18,054 (-64.9%), from €27,814 to €9,760
- Taxes -€5,585
down €5,585 (-47.8%), from €11,678 to €6,094
- Financial income -€2,529
down €2,529 (-10.6%), from €23,846 to €21,317
- Depreciation +€1,625
new in 2025: €1,625
- Other operating charges -€377
down €377 (-6.9%), from €5,456 to €5,079
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 | €678,604 | €535,684 | -€142,920 | -21.1% |
| Fixed assets | 21/28 | €0 | €26,091 | +€26,091 | |
| Tangible fixed assets | 22/27 | €0 | €26,091 | +€26,091 | |
| Land and buildings | 22 | €0 | €26,091 | +€26,091 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €678,604 | €509,593 | -€169,012 | -24.9% |
| Amounts receivable within one year | 40/41 | €390,952 | €298,282 | -€92,670 | -23.7% |
| Trade receivables | 40 | €15,666 | €28,875 | +€13,209 | +84.3% |
| Other amounts receivable | 41 | €375,286 | €269,407 | -€105,879 | -28.2% |
| Current investments | 50/53 | €158,686 | €150,190 | -€8,496 | -5.4% |
| Cash at bank and in hand | 54/58 | €105,103 | €40,751 | -€64,352 | -61.2% |
| Deferred charges and accrued income | 490/1 | €23,863 | €20,369 | -€3,494 | -14.6% |
| Total equity and liabilities | 10/49 | €678,604 | €535,684 | -€142,920 | -21.1% |
| Equity | 10/15 | €600,828 | €518,952 | -€81,876 | -13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €504,955 | €423,079 | -€81,876 | -16.2% |
| Distributable reserves | 133 | €504,955 | €423,079 | -€81,876 | -16.2% |
| Profit (loss) carried forward | 14 | €89,673 | €89,673 | = | 0.0% |
| Amounts payable | 17/49 | €77,776 | €16,732 | -€61,044 | -78.5% |
| Amounts payable within one year | 42/48 | €77,281 | €16,222 | -€61,059 | -79.0% |
| Trade debts | 44 | €3,344 | €1,621 | -€1,723 | -51.5% |
| Suppliers | 440/4 | €3,344 | €1,621 | -€1,723 | -51.5% |
| Taxes, remuneration and social security | 45 | €2,449 | €155 | -€2,293 | -93.7% |
| Taxes | 450/3 | €2,449 | €155 | -€2,293 | -93.7% |
| Other amounts payable | 47/48 | €71,488 | €14,446 | -€57,042 | -79.8% |
| Accrued charges and deferred income | 492/3 | €495 | €510 | +€15 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,625 | +€1,625 | |
| Other operating charges | 640/8 | €5,456 | €5,079 | -€377 | -6.9% |
| Gross operating margin | 9900 | €27,814 | €9,760 | -€18,054 | -64.9% |
| Operating profit (loss) | 9901 | €22,358 | €3,056 | -€19,302 | -86.3% |
| Financial income | 75/76B | €23,846 | €21,317 | -€2,529 | -10.6% |
| Recurring financial income | 75 | €23,846 | €21,317 | -€2,529 | -10.6% |
| Financial charges | 65/66B | €190 | €140 | -€50 | -26.4% |
| Recurring financial charges | 65 | €190 | €140 | -€50 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €46,014 | €24,233 | -€21,781 | -47.3% |
| Income taxes | 67/77 | €11,678 | €6,094 | -€5,585 | -47.8% |
| Profit (loss) for the period | 9904 | €34,336 | €18,139 | -€16,196 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,336 | €18,139 | -€16,196 | -47.2% |
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 6 October 2026 via checked.be.