EDMOND-SOL: 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.
EDMOND-SOL
Largest movements
- Deferred charges and accrued income +€8,840
new in 2025: €8,840
- Cash -€8,084
down €8,084 (-33.1%), from €24,390 to €16,306
mainly Contributions, distributions and other (-€104,000) and Trade debts (-€38,780)
- Tangible fixed assets -€2,435
down €2,435 (-34.9%), from €6,983 to €4,548
of which Furniture and vehicles: -€4,235
- Other debts +€88,400
new in 2025: €88,400
- Profit (loss) carried forward -€68,363
down €68,363 (-98.9%), from €69,136 to €773
- Trade debts -€38,780
down €38,780 (-89.3%), from €43,447 to €4,667
- Tax, wage and social debts +€15,916
up €15,916 (+103.0%), from €15,458 to €31,374
of which Taxes: +€10,816
- Gross operating margin +€8,119
up €8,119 (+17.3%), from €46,963 to €55,082
- Taxes +€3,120
up €3,120 (+27.1%), from €11,533 to €14,653
- Depreciation -€1,663
down €1,663 (-44.9%), from €3,702 to €2,039
- Other operating charges +€1,151
up €1,151 (+168.5%), from €683 to €1,834
- Financial charges +€729
up €729 (+383.7%), from €190 to €919
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 | €130,041 | €127,214 | -€2,827 | -2.2% |
| Formation expenses | 20 | €957 | €607 | -€350 | -36.6% |
| Fixed assets | 21/28 | €7,813 | €5,378 | -€2,435 | -31.2% |
| Tangible fixed assets | 22/27 | €6,983 | €4,548 | -€2,435 | -34.9% |
| Plant, machinery and equipment | 23 | €884 | €2,684 | +€1,800 | +203.6% |
| Furniture and vehicles | 24 | €6,099 | €1,864 | -€4,235 | -69.4% |
| Financial fixed assets | 28 | €830 | €830 | = | 0.0% |
| Current assets | 29/58 | €121,271 | €121,229 | -€42 | 0.0% |
| Amounts receivable after more than one year | 29 | €26,000 | €26,000 | = | 0.0% |
| Other amounts receivable | 291 | €26,000 | €26,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,881 | €70,083 | -€798 | -1.1% |
| Trade receivables | 40 | €33,501 | €16,078 | -€17,423 | -52.0% |
| Other amounts receivable | 41 | €37,380 | €54,005 | +€16,625 | +44.5% |
| Cash at bank and in hand | 54/58 | €24,390 | €16,306 | -€8,084 | -33.1% |
| Deferred charges and accrued income | 490/1 | - | €8,840 | +€8,840 | |
| Total equity and liabilities | 10/49 | €130,041 | €127,214 | -€2,827 | -2.2% |
| Equity | 10/15 | €71,136 | €2,773 | -€68,363 | -96.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,136 | €773 | -€68,363 | -98.9% |
| Amounts payable | 17/49 | €58,905 | €124,441 | +€65,536 | +111.3% |
| Amounts payable within one year | 42/48 | €58,905 | €124,441 | +€65,536 | +111.3% |
| Trade debts | 44 | €43,447 | €4,667 | -€38,780 | -89.3% |
| Suppliers | 440/4 | €43,447 | €4,667 | -€38,780 | -89.3% |
| Taxes, remuneration and social security | 45 | €15,458 | €31,374 | +€15,916 | +103.0% |
| Taxes | 450/3 | €15,458 | €26,274 | +€10,816 | +70.0% |
| Remuneration and social security | 454/9 | - | €5,100 | +€5,100 | |
| Other amounts payable | 47/48 | - | €88,400 | +€88,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,702 | €2,039 | -€1,663 | -44.9% |
| Other operating charges | 640/8 | €683 | €1,834 | +€1,151 | +168.5% |
| Gross operating margin | 9900 | €46,963 | €55,082 | +€8,119 | +17.3% |
| Operating profit (loss) | 9901 | €42,578 | €51,209 | +€8,631 | +20.3% |
| Financial charges | 65/66B | €190 | €919 | +€729 | +383.7% |
| Recurring financial charges | 65 | €190 | €919 | +€729 | +383.7% |
| Profit (loss) for the period before taxes | 9903 | €42,388 | €50,290 | +€7,902 | +18.6% |
| Income taxes | 67/77 | €11,533 | €14,653 | +€3,120 | +27.1% |
| Profit (loss) for the period | 9904 | €30,855 | €35,637 | +€4,782 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,855 | €35,637 | +€4,782 | +15.5% |
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 7 October 2026 via checked.be.