EDP: 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.
EDP
Largest movements
- Cash -€16,716
down €16,716 (-23.8%), from €70,293 to €53,576
mainly Net result for the year (-€90,701) and Tax, wage and social debts (-€13,788)
- Tangible fixed assets -€11,988
down €11,988 (-18.3%), from €65,500 to €53,511
of which Plant, machinery and equipment: -€17,989
- Receivables within one year +€9,786
up €9,786 (+31.0%), from €31,565 to €41,350
of which Other amounts receivable: +€15,240
- Stocks and contracts -€6,180
down €6,180 (-33.2%), from €18,630 to €12,450
- Profit (loss) carried forward -€90,701
down €90,701, from €64,769 to -€25,932
- Other debts +€87,533
up €87,533 (+129%), from €68,062 to €155,595
- Tax, wage and social debts -€13,788
down €13,788 (-48.3%), from €28,575 to €14,786
of which Taxes: -€11,537
- Accrued charges and deferred income -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts -€3,035
down €3,035 (-22.0%), from €13,820 to €10,785
- Gross operating margin -€191,494
down €191,494 (-72.4%), from €264,606 to €73,112
- Staff costs -€85,783
down €85,783 (-38.8%), from €221,049 to €135,265
- Provisions +€35,000
no longer reported in 2025 (was -€35,000)
- Taxes -€12,454
down €12,454 (-96.9%), from €12,857 to €404
- Financial charges -€5,412
down €5,412 (-49.5%), from €10,928 to €5,516
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 | €186,746 | €161,756 | -€24,991 | -13.4% |
| Fixed assets | 21/28 | €66,000 | €54,011 | -€11,988 | -18.2% |
| Tangible fixed assets | 22/27 | €65,500 | €53,511 | -€11,988 | -18.3% |
| Plant, machinery and equipment | 23 | €60,974 | €42,985 | -€17,989 | -29.5% |
| Furniture and vehicles | 24 | €4,526 | €3,750 | -€777 | -17.2% |
| Other tangible fixed assets | 26 | - | €6,777 | +€6,777 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €120,746 | €107,744 | -€13,002 | -10.8% |
| Stocks and contracts in progress | 3 | €18,630 | €12,450 | -€6,180 | -33.2% |
| Stocks | 30/36 | €18,630 | €12,450 | -€6,180 | -33.2% |
| Amounts receivable within one year | 40/41 | €31,565 | €41,350 | +€9,786 | +31.0% |
| Trade receivables | 40 | €11,134 | €5,680 | -€5,454 | -49.0% |
| Other amounts receivable | 41 | €20,430 | €35,670 | +€15,240 | +74.6% |
| Cash at bank and in hand | 54/58 | €70,293 | €53,576 | -€16,716 | -23.8% |
| Deferred charges and accrued income | 490/1 | €259 | €367 | +€108 | +41.8% |
| Total equity and liabilities | 10/49 | €186,746 | €161,756 | -€24,991 | -13.4% |
| Equity | 10/15 | €71,269 | -€19,432 | -€90,701 | |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,769 | -€25,932 | -€90,701 | |
| Amounts payable | 17/49 | €115,477 | €181,187 | +€65,710 | +56.9% |
| Amounts payable within one year | 42/48 | €110,477 | €181,187 | +€70,710 | +64.0% |
| Financial debts | 43 | €21 | €21 | = | 0.0% |
| Credit institutions | 430/8 | €21 | €21 | = | 0.0% |
| Trade debts | 44 | €13,820 | €10,785 | -€3,035 | -22.0% |
| Suppliers | 440/4 | €13,820 | €10,785 | -€3,035 | -22.0% |
| Taxes, remuneration and social security | 45 | €28,575 | €14,786 | -€13,788 | -48.3% |
| Taxes | 450/3 | €25,910 | €14,372 | -€11,537 | -44.5% |
| Remuneration and social security | 454/9 | €2,665 | €414 | -€2,251 | -84.5% |
| Other amounts payable | 47/48 | €68,062 | €155,595 | +€87,533 | +129% |
| Accrued charges and deferred income | 492/3 | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €221,049 | €135,265 | -€85,783 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,394 | €18,988 | -€406 | -2.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€35,000 | - | +€35,000 | |
| Other operating charges | 640/8 | €6,138 | €3,640 | -€2,498 | -40.7% |
| Gross operating margin | 9900 | €264,606 | €73,112 | -€191,494 | -72.4% |
| Operating profit (loss) | 9901 | €53,025 | -€84,782 | -€137,807 | |
| Financial income | 75/76B | €11 | €0 | -€10 | -98.4% |
| Recurring financial income | 75 | €11 | €0 | -€10 | -98.4% |
| Financial charges | 65/66B | €10,928 | €5,516 | -€5,412 | -49.5% |
| Recurring financial charges | 65 | €10,928 | €5,516 | -€5,412 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €42,108 | -€90,297 | -€132,406 | |
| Income taxes | 67/77 | €12,857 | €404 | -€12,454 | -96.9% |
| Profit (loss) for the period | 9904 | €29,251 | -€90,701 | -€119,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,251 | -€90,701 | -€119,952 |
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 14 October 2026 via checked.be.