EDSONFO: 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.
EDSONFO
Largest movements
- Tangible fixed assets -€11,997
down €11,997 (-22.1%), from €54,383 to €42,386
- Receivables within one year +€9,317
up €9,317 (+53.9%), from €17,288 to €26,605
of which Trade receivables: +€9,271
- Intangible fixed assets -€5,710
down €5,710 (-24.0%), from €23,747 to €18,037
- Cash +€4,706
up €4,706 (+10.3%), from €45,619 to €50,325
mainly Depreciation (+€21,025) and Net result for the year (+€18,061)
- Deferred charges and accrued income +€1,548
up €1,548 (+124.6%), from €1,242 to €2,790
- Debts after one year -€4,654
down €4,654 (-24.2%), from €19,208 to €14,553
- Reserves -€4,000
down €4,000 (-4.7%), from €85,860 to €81,860
of which Distributable reserves: -€4,000
- Other debts +€3,673
new in 2025: €3,673
- Trade debts +€2,254
up €2,254 (+70.0%), from €3,219 to €5,472
- Gross operating margin -€19,278
down €19,278 (-29.7%), from €64,930 to €45,651
- Taxes -€5,340
down €5,340 (-53.2%), from €10,029 to €4,689
- Depreciation +€3,745
up €3,745 (+21.7%), from €17,281 to €21,025
- Financial charges +€756
up €756 (+107.1%), from €706 to €1,462
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 | €143,749 | €141,613 | -€2,136 | -1.5% |
| Fixed assets | 21/28 | €79,601 | €61,894 | -€17,707 | -22.2% |
| Intangible fixed assets | 21 | €23,747 | €18,037 | -€5,710 | -24.0% |
| Tangible fixed assets | 22/27 | €54,383 | €42,386 | -€11,997 | -22.1% |
| Furniture and vehicles | 24 | €54,383 | €42,386 | -€11,997 | -22.1% |
| Financial fixed assets | 28 | €1,470 | €1,470 | = | 0.0% |
| Current assets | 29/58 | €64,148 | €79,719 | +€15,571 | +24.3% |
| Amounts receivable within one year | 40/41 | €17,288 | €26,605 | +€9,317 | +53.9% |
| Trade receivables | 40 | €15,256 | €24,527 | +€9,271 | +60.8% |
| Other amounts receivable | 41 | €2,032 | €2,078 | +€46 | +2.3% |
| Cash at bank and in hand | 54/58 | €45,619 | €50,325 | +€4,706 | +10.3% |
| Deferred charges and accrued income | 490/1 | €1,242 | €2,790 | +€1,548 | +124.6% |
| Total equity and liabilities | 10/49 | €143,749 | €141,613 | -€2,136 | -1.5% |
| Equity | 10/15 | €104,513 | €100,574 | -€3,939 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,860 | €81,860 | -€4,000 | -4.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €84,000 | €80,000 | -€4,000 | -4.8% |
| Profit (loss) carried forward | 14 | €53 | €114 | +€61 | +113.4% |
| Amounts payable | 17/49 | €39,236 | €41,039 | +€1,803 | +4.6% |
| Amounts payable after more than one year | 17 | €19,208 | €14,553 | -€4,654 | -24.2% |
| Financial debts | 170/4 | €19,208 | €14,553 | -€4,654 | -24.2% |
| Amounts payable within one year | 42/48 | €20,028 | €26,485 | +€6,457 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €5,536 | €4,654 | -€882 | -15.9% |
| Trade debts | 44 | €3,219 | €5,472 | +€2,254 | +70.0% |
| Suppliers | 440/4 | €3,219 | €5,472 | +€2,254 | +70.0% |
| Taxes, remuneration and social security | 45 | €11,274 | €12,685 | +€1,411 | +12.5% |
| Taxes | 450/3 | €11,274 | €12,685 | +€1,411 | +12.5% |
| Other amounts payable | 47/48 | - | €3,673 | +€3,673 | |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Non-recurring operating income | 76A | €13,461 | €0 | -€13,461 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,281 | €21,025 | +€3,745 | +21.7% |
| Other operating charges | 640/8 | €866 | €825 | -€41 | -4.7% |
| Gross operating margin | 9900 | €64,930 | €45,651 | -€19,278 | -29.7% |
| Operating profit (loss) | 9901 | €46,783 | €23,801 | -€22,982 | -49.1% |
| Financial income | 75/76B | €697 | €410 | -€286 | -41.1% |
| Recurring financial income | 75 | €697 | €410 | -€286 | -41.1% |
| Financial charges | 65/66B | €706 | €1,462 | +€756 | +107.1% |
| Recurring financial charges | 65 | €706 | €1,462 | +€756 | +107.1% |
| Profit (loss) for the period before taxes | 9903 | €46,774 | €22,750 | -€24,025 | -51.4% |
| Income taxes | 67/77 | €10,029 | €4,689 | -€5,340 | -53.2% |
| Profit (loss) for the period | 9904 | €36,745 | €18,061 | -€18,684 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,745 | €18,061 | -€18,684 | -50.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.