EDREM: 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.
EDREM
Largest movements
- Financial fixed assets +€549,010
new in 2025: €549,010
- Receivables after one year -€130,172
down €130,172 (-100.0%), from €130,172 to €0
- Cash +€80,586
up €80,586 (+276.3%), from €29,171 to €109,757
mainly Other debts (+€142,556) and Receivables after one year (+€130,172)
- Receivables within one year -€16,963
down €16,963 (-14.0%), from €120,942 to €103,979
of which Trade receivables: -€9,844
- Other debts +€142,556
new in 2025: €142,556
- Short-term financial debts +€124,861
up €124,861, from €0 to €124,861
of which Other loans: +€124,861
- Profit (loss) carried forward +€101,514
up €101,514 (+41.8%), from €242,796 to €344,310
- Debts after one year +€75,497
up €75,497 (+835.6%), from €9,035 to €84,532
- Tax, wage and social debts +€13,680
up €13,680 (+57.5%), from €23,789 to €37,469
- Gross operating margin +€40,319
up €40,319 (+37.9%), from €106,245 to €146,563
- Taxes +€14,969
up €14,969 (+71.1%), from €21,057 to €36,026
- Financial charges +€2,659
up €2,659 (+101.3%), from €2,625 to €5,284
- Financial income -€2,632
down €2,632 (-54.0%), from €4,878 to €2,246
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 | €358,141 | €835,421 | +€477,280 | +133.3% |
| Fixed assets | 21/28 | €71,421 | €615,882 | +€544,461 | +762.3% |
| Tangible fixed assets | 22/27 | €71,421 | €66,872 | -€4,550 | -6.4% |
| Land and buildings | 22 | €69,651 | €65,544 | -€4,107 | -5.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,770 | €1,328 | -€443 | -25.0% |
| Financial fixed assets | 28 | - | €549,010 | +€549,010 | |
| Current assets | 29/58 | €286,719 | €219,539 | -€67,180 | -23.4% |
| Amounts receivable after more than one year | 29 | €130,172 | €0 | -€130,172 | -100.0% |
| Trade receivables | 290 | €130,172 | €0 | -€130,172 | -100.0% |
| Amounts receivable within one year | 40/41 | €120,942 | €103,979 | -€16,963 | -14.0% |
| Trade receivables | 40 | €113,823 | €103,979 | -€9,844 | -8.6% |
| Other amounts receivable | 41 | €7,119 | €0 | -€7,119 | -100.0% |
| Cash at bank and in hand | 54/58 | €29,171 | €109,757 | +€80,586 | +276.3% |
| Deferred charges and accrued income | 490/1 | €6,435 | €5,803 | -€631 | -9.8% |
| Total equity and liabilities | 10/49 | €358,141 | €835,421 | +€477,280 | +133.3% |
| Equity | 10/15 | €315,746 | €417,260 | +€101,514 | +32.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,350 | €54,350 | = | 0.0% |
| Distributable reserves | 133 | €54,350 | €54,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,796 | €344,310 | +€101,514 | +41.8% |
| Amounts payable | 17/49 | €42,395 | €418,161 | +€375,766 | +886.3% |
| Amounts payable after more than one year | 17 | €9,035 | €84,532 | +€75,497 | +835.6% |
| Financial debts | 170/4 | €9,035 | €84,532 | +€75,497 | +835.6% |
| Amounts payable within one year | 42/48 | €32,760 | €331,017 | +€298,257 | +910.4% |
| Current portion of amounts payable after more than one year | 42 | €8,259 | €21,324 | +€13,066 | +158.2% |
| Financial debts | 43 | €0 | €124,861 | +€124,861 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | - | €124,861 | +€124,861 | |
| Trade debts | 44 | €712 | €4,806 | +€4,094 | +575.2% |
| Suppliers | 440/4 | €712 | €4,806 | +€4,094 | +575.2% |
| Taxes, remuneration and social security | 45 | €23,789 | €37,469 | +€13,680 | +57.5% |
| Taxes | 450/3 | €23,789 | €37,469 | +€13,680 | +57.5% |
| Other amounts payable | 47/48 | - | €142,556 | +€142,556 | |
| Accrued charges and deferred income | 492/3 | €600 | €2,612 | +€2,012 | +335.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,903 | €4,550 | -€354 | -7.2% |
| Other operating charges | 640/8 | €1,260 | €1,435 | +€175 | +13.9% |
| Gross operating margin | 9900 | €106,245 | €146,563 | +€40,319 | +37.9% |
| Operating profit (loss) | 9901 | €100,082 | €140,579 | +€40,497 | +40.5% |
| Financial income | 75/76B | €4,878 | €2,246 | -€2,632 | -54.0% |
| Recurring financial income | 75 | €4,878 | €2,246 | -€2,632 | -54.0% |
| Financial charges | 65/66B | €2,625 | €5,284 | +€2,659 | +101.3% |
| Recurring financial charges | 65 | €2,625 | €5,284 | +€2,659 | +101.3% |
| Profit (loss) for the period before taxes | 9903 | €102,334 | €137,540 | +€35,206 | +34.4% |
| Income taxes | 67/77 | €21,057 | €36,026 | +€14,969 | +71.1% |
| Profit (loss) for the period | 9904 | €81,277 | €101,514 | +€20,237 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €81,277 | €101,514 | +€20,237 | +24.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.