EDKL: 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.
EDKL
Largest movements
- Stocks and contracts -€19,067
down €19,067 (-55.7%), from €34,211 to €15,144
of which Contracts in progress: -€13,100
- Receivables within one year +€9,307
up €9,307 (+8.7%), from €107,353 to €116,660
of which Trade receivables: +€39,451
- Cash +€3,729
up €3,729 (+258%), from €1,446 to €5,174
mainly Trade debts (+€28,655) and Stocks and contracts (+€19,067)
- Trade debts +€28,655
up €28,655 (+160%), from €17,880 to €46,535
- Profit (loss) carried forward -€15,794
new in 2025: -€15,794
- Debts after one year -€14,988
down €14,988 (-24.2%), from €61,882 to €46,894
- Tax, wage and social debts -€5,170
down €5,170 (-70.8%), from €7,299 to €2,130
- Gross operating margin -€69,556
down €69,556 (-88.1%), from €78,925 to €9,369
- Taxes -€13,338
down €13,338 (-98.0%), from €13,607 to €268
- Other operating charges -€8,498
down €8,498 (-74.9%), from €11,341 to €2,843
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 | €212,123 | €205,484 | -€6,638 | -3.1% |
| Fixed assets | 21/28 | €69,113 | €67,989 | -€1,124 | -1.6% |
| Tangible fixed assets | 22/27 | €69,113 | €67,989 | -€1,124 | -1.6% |
| Land and buildings | 22 | €17,850 | €15,300 | -€2,550 | -14.3% |
| Plant, machinery and equipment | 23 | €1,300 | €15,032 | +€13,732 | +1,056% |
| Furniture and vehicles | 24 | €49,963 | €37,657 | -€12,306 | -24.6% |
| Current assets | 29/58 | €143,009 | €137,495 | -€5,514 | -3.9% |
| Stocks and contracts in progress | 3 | €34,211 | €15,144 | -€19,067 | -55.7% |
| Stocks | 30/36 | €14,111 | €8,144 | -€5,967 | -42.3% |
| Contracts in progress | 37 | €20,100 | €7,000 | -€13,100 | -65.2% |
| Amounts receivable within one year | 40/41 | €107,353 | €116,660 | +€9,307 | +8.7% |
| Trade receivables | 40 | €48,845 | €88,296 | +€39,451 | +80.8% |
| Other amounts receivable | 41 | €58,508 | €28,364 | -€30,145 | -51.5% |
| Cash at bank and in hand | 54/58 | €1,446 | €5,174 | +€3,729 | +258% |
| Deferred charges and accrued income | 490/1 | €0 | €517 | +€517 | |
| Total equity and liabilities | 10/49 | €212,123 | €205,484 | -€6,638 | -3.1% |
| Equity | 10/15 | €110,733 | €94,939 | -€15,794 | -14.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €90,733 | €90,733 | = | 0.0% |
| Distributable reserves | 133 | €90,733 | €90,733 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,794 | -€15,794 | |
| Amounts payable | 17/49 | €101,390 | €110,546 | +€9,156 | +9.0% |
| Amounts payable after more than one year | 17 | €61,882 | €46,894 | -€14,988 | -24.2% |
| Financial debts | 170/4 | €61,882 | €46,894 | -€14,988 | -24.2% |
| Amounts payable within one year | 42/48 | €39,508 | €63,652 | +€24,144 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | €14,329 | €14,988 | +€659 | +4.6% |
| Trade debts | 44 | €17,880 | €46,535 | +€28,655 | +160% |
| Suppliers | 440/4 | €17,880 | €46,535 | +€28,655 | +160% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,299 | €2,130 | -€5,170 | -70.8% |
| Taxes | 450/3 | €7,299 | €2,130 | -€5,170 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,413 | €15,918 | -€495 | -3.0% |
| Other operating charges | 640/8 | €11,341 | €2,843 | -€8,498 | -74.9% |
| Non-recurring operating charges | 66A | - | €1,860 | +€1,860 | |
| Gross operating margin | 9900 | €78,925 | €9,369 | -€69,556 | -88.1% |
| Operating profit (loss) | 9901 | €51,171 | -€11,252 | -€62,424 | |
| Financial income | 75/76B | €1,613 | €1,379 | -€234 | -14.5% |
| Recurring financial income | 75 | €1,613 | €1,379 | -€234 | -14.5% |
| Financial charges | 65/66B | €5,107 | €5,653 | +€546 | +10.7% |
| Recurring financial charges | 65 | €5,107 | €5,653 | +€546 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €47,677 | -€15,526 | -€63,203 | |
| Income taxes | 67/77 | €13,607 | €268 | -€13,338 | -98.0% |
| Profit (loss) for the period | 9904 | €34,070 | -€15,794 | -€49,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,070 | -€15,794 | -€49,864 |
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 15 October 2026 via checked.be.