EDO SHOE: 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.
EDO SHOE
Largest movements
- Tangible fixed assets -€7,256
down €7,256 (-14.5%), from €50,101 to €42,845
of which Furniture and vehicles: -€7,317
- Financial fixed assets -€1,809
down €1,809 (-100%), from €1,809 to €0
- Stocks and contracts -€1,463
down €1,463 (-28.2%), from €5,187 to €3,724
- Cash -€1,278
down €1,278 (-54.9%), from €2,331 to €1,052
mainly Trade debts (-€11,686) and Debts after one year (-€8,561)
- Trade debts -€11,686
down €11,686 (-95.5%), from €12,232 to €545
- Other debts +€10,850
up €10,850 (+1.3%), from €816,738 to €827,588
- Debts after one year -€8,561
down €8,561 (-100%), from €8,561 to €0
- Current portion of long-term debt -€6,169
down €6,169 (-41.9%), from €14,730 to €8,561
- Profit (loss) carried forward +€4,571
up €4,571 (+0.4%), from -€1.3m to -€1.3m
- Financial charges -€700
down €700 (-44.7%), from €1,565 to €865
- Other operating charges +€413
up €413 (+13.1%), from €3,161 to €3,573
- Taxes -€278
down €278 (-10.5%), from €2,640 to €2,362
- Gross operating margin -€250
down €250 (-1.1%), from €22,578 to €22,328
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 | €60,932 | €49,659 | -€11,273 | -18.5% |
| Fixed assets | 21/28 | €51,910 | €42,845 | -€9,065 | -17.5% |
| Tangible fixed assets | 22/27 | €50,101 | €42,845 | -€7,256 | -14.5% |
| Land and buildings | 22 | €9,916 | €9,916 | = | 0.0% |
| Plant, machinery and equipment | 23 | €18,415 | €18,476 | +€61 | +0.3% |
| Furniture and vehicles | 24 | €21,770 | €14,453 | -€7,317 | -33.6% |
| Financial fixed assets | 28 | €1,809 | €0 | -€1,809 | -100% |
| Current assets | 29/58 | €9,021 | €6,814 | -€2,208 | -24.5% |
| Stocks and contracts in progress | 3 | €5,187 | €3,724 | -€1,463 | -28.2% |
| Stocks | 30/36 | €5,187 | €3,724 | -€1,463 | -28.2% |
| Amounts receivable within one year | 40/41 | €228 | €746 | +€518 | +228% |
| Trade receivables | 40 | €0 | €250 | +€250 | |
| Other amounts receivable | 41 | €228 | €496 | +€268 | +118% |
| Cash at bank and in hand | 54/58 | €2,331 | €1,052 | -€1,278 | -54.9% |
| Deferred charges and accrued income | 490/1 | €1,276 | €1,292 | +€15 | +1.2% |
| Total equity and liabilities | 10/49 | €60,932 | €49,659 | -€11,273 | -18.5% |
| Equity | 10/15 | -€793,970 | -€789,399 | +€4,571 | +0.6% |
| Contributions | 10/11 | €433,800 | €433,800 | = | 0.0% |
| Capital | 10 | €433,800 | €433,800 | = | 0.0% |
| Issued capital | 100 | €433,800 | €433,800 | = | 0.0% |
| Reserves | 13 | €58,673 | €58,673 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €48,475 | €48,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,286,443 | -€1,281,871 | +€4,571 | +0.4% |
| Amounts payable | 17/49 | €854,902 | €839,057 | -€15,844 | -1.9% |
| Amounts payable after more than one year | 17 | €8,561 | €0 | -€8,561 | -100% |
| Financial debts | 170/4 | €8,561 | €0 | -€8,561 | -100% |
| Amounts payable within one year | 42/48 | €846,340 | €839,057 | -€7,283 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €14,730 | €8,561 | -€6,169 | -41.9% |
| Trade debts | 44 | €12,232 | €545 | -€11,686 | -95.5% |
| Suppliers | 440/4 | €12,232 | €545 | -€11,686 | -95.5% |
| Taxes, remuneration and social security | 45 | €2,640 | €2,362 | -€278 | -10.5% |
| Taxes | 450/3 | €2,640 | €2,362 | -€278 | -10.5% |
| Other amounts payable | 47/48 | €816,738 | €827,588 | +€10,850 | +1.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,916 | €10,956 | +€41 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,161 | €3,573 | +€413 | +13.1% |
| Gross operating margin | 9900 | €22,578 | €22,328 | -€250 | -1.1% |
| Operating profit (loss) | 9901 | €8,501 | €7,798 | -€703 | -8.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,565 | €865 | -€700 | -44.7% |
| Recurring financial charges | 65 | €1,565 | €865 | -€700 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €6,936 | €6,933 | -€3 | 0.0% |
| Income taxes | 67/77 | €2,640 | €2,362 | -€278 | -10.5% |
| Profit (loss) for the period | 9904 | €4,296 | €4,571 | +€275 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,296 | €4,571 | +€275 | +6.4% |
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 18 October 2026 via checked.be.