EDP BOUWVARIA: what changed
EDP BOUWVARIA
Largest movements
- Cash +€200,023
up €200,023 (+224%), from €89,165 to €289,188
mainly Stocks and contracts (+€125,987) and Net result for the year (+€83,421)
- Stocks and contracts -€125,987
down €125,987 (-97.9%), from €128,633 to €2,646
- Deferred charges and accrued income -€7,362
down €7,362 (-42.6%), from €17,291 to €9,929
- Tangible fixed assets -€6,043
down €6,043 (-39.2%), from €15,417 to €9,374
of which Furniture and vehicles: -€5,583
- Receivables after one year +€3,600
new in 2025: €3,600
- Reserves +€83,421
up €83,421 (+40.6%), from €205,476 to €288,897
- Tax, wage and social debts -€10,224
down €10,224 (-76.4%), from €13,374 to €3,151
- Other debts -€6,237
down €6,237 (-49.6%), from €12,571 to €6,333
- Gross operating margin +€63,586
up €63,586 (+102%), from €62,641 to €126,227
- Taxes +€17,254
up €17,254 (+114%), from €15,159 to €32,413
- Financial charges +€1,265
up €1,265 (+83.8%), from €1,510 to €2,775
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,733 | €319,947 | +€64,214 | +25.1% |
| Fixed assets | 21/28 | €15,757 | €9,714 | -€6,043 | -38.4% |
| Tangible fixed assets | 22/27 | €15,417 | €9,374 | -€6,043 | -39.2% |
| Furniture and vehicles | 24 | €13,373 | €7,790 | -€5,583 | -41.7% |
| Other tangible fixed assets | 26 | €2,044 | €1,584 | -€460 | -22.5% |
| Financial fixed assets | 28 | €340 | €340 | = | 0.0% |
| Current assets | 29/58 | €239,976 | €310,233 | +€70,257 | +29.3% |
| Amounts receivable after more than one year | 29 | - | €3,600 | +€3,600 | |
| Other amounts receivable | 291 | - | €3,600 | +€3,600 | |
| Stocks and contracts in progress | 3 | €128,633 | €2,646 | -€125,987 | -97.9% |
| Stocks | 30/36 | €128,633 | €2,646 | -€125,987 | -97.9% |
| Amounts receivable within one year | 40/41 | €4,886 | €4,869 | -€17 | -0.4% |
| Trade receivables | 40 | - | €1,646 | +€1,646 | |
| Other amounts receivable | 41 | €4,886 | €3,223 | -€1,663 | -34.0% |
| Cash at bank and in hand | 54/58 | €89,165 | €289,188 | +€200,023 | +224% |
| Deferred charges and accrued income | 490/1 | €17,291 | €9,929 | -€7,362 | -42.6% |
| Total equity and liabilities | 10/49 | €255,733 | €319,947 | +€64,214 | +25.1% |
| Equity | 10/15 | €217,876 | €301,297 | +€83,421 | +38.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €205,476 | €288,897 | +€83,421 | +40.6% |
| Distributable reserves | 133 | €205,476 | €288,897 | +€83,421 | +40.6% |
| Amounts payable | 17/49 | €37,857 | €18,650 | -€19,207 | -50.7% |
| Amounts payable after more than one year | 17 | €3,439 | €1,021 | -€2,417 | -70.3% |
| Financial debts | 170/4 | €3,439 | €1,021 | -€2,417 | -70.3% |
| Amounts payable within one year | 42/48 | €34,418 | €17,628 | -€16,790 | -48.8% |
| Current portion of amounts payable after more than one year | 42 | €2,370 | €2,417 | +€47 | +2.0% |
| Trade debts | 44 | €6,103 | €5,727 | -€376 | -6.2% |
| Suppliers | 440/4 | €6,103 | €5,727 | -€376 | -6.2% |
| Taxes, remuneration and social security | 45 | €13,374 | €3,151 | -€10,224 | -76.4% |
| Taxes | 450/3 | €13,374 | €3,151 | -€10,224 | -76.4% |
| Other amounts payable | 47/48 | €12,571 | €6,333 | -€6,237 | -49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,257 | €6,043 | -€214 | -3.4% |
| Other operating charges | 640/8 | €1,293 | €1,655 | +€362 | +28.0% |
| Gross operating margin | 9900 | €62,641 | €126,227 | +€63,586 | +102% |
| Operating profit (loss) | 9901 | €55,090 | €118,529 | +€63,439 | +115% |
| Financial income | 75/76B | €70 | €79 | +€10 | +13.7% |
| Recurring financial income | 75 | €70 | €79 | +€10 | +13.7% |
| Financial charges | 65/66B | €1,510 | €2,775 | +€1,265 | +83.8% |
| Recurring financial charges | 65 | €1,510 | €2,775 | +€1,265 | +83.8% |
| Profit (loss) for the period before taxes | 9903 | €53,650 | €115,833 | +€62,184 | +116% |
| Income taxes | 67/77 | €15,159 | €32,413 | +€17,254 | +114% |
| Profit (loss) for the period | 9904 | €38,491 | €83,421 | +€44,930 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €38,491 | €83,421 | +€44,930 | +117% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.