EDSON M.J.P.: 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.
EDSON M.J.P.
Largest movements
- Stocks and contracts +€111,716
up €111,716 (+90.8%), from €123,043 to €234,759
- Receivables within one year +€46,303
up €46,303 (+35.3%), from €131,107 to €177,410
of which Trade receivables: +€63,826
- Tangible fixed assets -€43,222
down €43,222 (-19.9%), from €216,847 to €173,625
of which Furniture and vehicles: -€27,775
- Cash -€10,703
down €10,703 (-8.0%), from €133,472 to €122,769
mainly Stocks and contracts (-€111,716) and Receivables within one year (-€46,303)
- Trade debts +€90,053
up €90,053 (+273%), from €33,004 to €123,057
- Reserves +€20,000
up €20,000 (+5.7%), from €348,297 to €368,297
of which Distributable reserves: +€20,000
- Tax, wage and social debts +€12,573
up €12,573 (+84.7%), from €14,843 to €27,416
- Debts after one year -€11,756
down €11,756 (-10.2%), from €115,666 to €103,910
- Other operating charges -€4,910
down €4,910 (-42.6%), from €11,517 to €6,607
- Write-downs +€4,004
no longer reported in 2025 (was -€4,004)
- Gross operating margin -€3,181
down €3,181 (-3.6%), from €89,515 to €86,334
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 | €608,971 | €714,615 | +€105,644 | +17.3% |
| Fixed assets | 21/28 | €219,861 | €176,639 | -€43,222 | -19.7% |
| Tangible fixed assets | 22/27 | €216,847 | €173,625 | -€43,222 | -19.9% |
| Land and buildings | 22 | €125,885 | €114,257 | -€11,628 | -9.2% |
| Plant, machinery and equipment | 23 | €7,712 | €3,893 | -€3,819 | -49.5% |
| Furniture and vehicles | 24 | €83,250 | €55,475 | -€27,775 | -33.4% |
| Financial fixed assets | 28 | €3,014 | €3,014 | = | 0.0% |
| Current assets | 29/58 | €389,110 | €537,976 | +€148,866 | +38.3% |
| Stocks and contracts in progress | 3 | €123,043 | €234,759 | +€111,716 | +90.8% |
| Stocks | 30/36 | €123,043 | €234,759 | +€111,716 | +90.8% |
| Amounts receivable within one year | 40/41 | €131,107 | €177,410 | +€46,303 | +35.3% |
| Trade receivables | 40 | €113,334 | €177,160 | +€63,826 | +56.3% |
| Other amounts receivable | 41 | €17,773 | €250 | -€17,523 | -98.6% |
| Cash at bank and in hand | 54/58 | €133,472 | €122,769 | -€10,703 | -8.0% |
| Deferred charges and accrued income | 490/1 | €1,488 | €3,038 | +€1,550 | +104% |
| Total equity and liabilities | 10/49 | €608,971 | €714,615 | +€105,644 | +17.3% |
| Equity | 10/15 | €370,249 | €387,727 | +€17,478 | +4.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €348,297 | €368,297 | +€20,000 | +5.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €346,438 | €366,438 | +€20,000 | +5.8% |
| Profit (loss) carried forward | 14 | €3,360 | €838 | -€2,522 | -75.1% |
| Amounts payable | 17/49 | €238,722 | €326,888 | +€88,166 | +36.9% |
| Amounts payable after more than one year | 17 | €115,666 | €103,910 | -€11,756 | -10.2% |
| Financial debts | 170/4 | €115,666 | €103,910 | -€11,756 | -10.2% |
| Amounts payable within one year | 42/48 | €121,561 | €221,144 | +€99,583 | +81.9% |
| Current portion of amounts payable after more than one year | 42 | €14,347 | €11,757 | -€2,590 | -18.1% |
| Trade debts | 44 | €33,004 | €123,057 | +€90,053 | +273% |
| Suppliers | 440/4 | €33,004 | €123,057 | +€90,053 | +273% |
| Taxes, remuneration and social security | 45 | €14,843 | €27,416 | +€12,573 | +84.7% |
| Taxes | 450/3 | €14,843 | €27,416 | +€12,573 | +84.7% |
| Other amounts payable | 47/48 | €59,367 | €58,914 | -€453 | -0.8% |
| Accrued charges and deferred income | 492/3 | €1,495 | €1,834 | +€339 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,208 | €31,714 | -€494 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,004 | - | +€4,004 | |
| Other operating charges | 640/8 | €11,517 | €6,607 | -€4,910 | -42.6% |
| Gross operating margin | 9900 | €89,515 | €86,334 | -€3,181 | -3.6% |
| Operating profit (loss) | 9901 | €49,794 | €48,013 | -€1,781 | -3.6% |
| Financial income | 75/76B | €161 | - | -€161 | |
| Recurring financial income | 75 | €161 | - | -€161 | |
| Financial charges | 65/66B | €2,802 | €3,484 | +€682 | +24.3% |
| Recurring financial charges | 65 | €2,802 | €3,484 | +€682 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €47,153 | €44,529 | -€2,624 | -5.6% |
| Income taxes | 67/77 | €13,793 | €13,051 | -€742 | -5.4% |
| Profit (loss) for the period | 9904 | €33,360 | €31,478 | -€1,882 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,360 | €31,478 | -€1,882 | -5.6% |
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 29 October 2026 via checked.be.