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EDSTAB: 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.

What changed

EDSTAB

BE 0804.461.283
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€102,068
2024 · €31,007+€71,062
Equity
€134,075
2024 · €32,007+€102,068
Cash
€112,874
2024 · €57,402+€55,472
Balance sheet total
€195,965
2024 · €105,764+€90,201

Largest movements

2024 to 2025
Assets
  • Cash +€55,472

    up €55,472 (+96.6%), from €57,402 to €112,874

    mainly Net result for the year (+€102,068) and Tax, wage and social debts (+€28,902)

  • Receivables within one year +€44,839

    up €44,839 (+190.7%), from €23,508 to €68,347

    of which Trade receivables: +€42,784

  • Tangible fixed assets -€11,375

    down €11,375 (-49.9%), from €22,774 to €11,399

Equity and liabilities
  • Profit (loss) carried forward +€102,068

    up €102,068 (+10140.2%), from €1,007 to €103,075

  • Tax, wage and social debts +€28,902

    up €28,902 (+135.1%), from €21,396 to €50,298

  • Other debts -€20,608

    down €20,608 (-100.0%), from €20,608 to €0

  • Trade debts -€11,720

    down €11,720 (-74.0%), from €15,835 to €4,115

  • Debts after one year -€7,007

    down €7,007 (-100.0%), from €7,007 to €0

Income statement
  • Gross operating margin +€83,023

    up €83,023 (+129.9%), from €63,893 to €146,916

  • Taxes +€13,036

    up €13,036 (+74.8%), from €17,427 to €30,463

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €31,007
Gross operating margin +€83,023
Staff costs -€900
Depreciation +€618
Other operating charges +€799
Financial income -€61
Financial charges +€618
Taxes -€13,036
Result 2025 €102,068

Cash bridge derived

cash 2024 to 2025

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.

From operations +€63,858
Investment -€1,725
Financing -€6,661
Cash 2024 €57,402
Net result for the year +€102,068
Depreciation +€11,957
Receivables within one year -€44,839
Deferred charges and accrued income -€122
Trade debts -€11,720
Tax, wage and social debts +€28,902
Other debts -€20,608
Accrued charges and deferred income -€1,780
Investment in fixed assets (net) -€1,725
Debts after one year -€7,007
Current portion of long-term debt +€346
Cash 2025 €112,874
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €105,764 €195,965 +€90,201 +85.3%
Fixed assets 21/28 €22,774 €12,542 -€10,232 -44.9%
Intangible fixed assets 21 - €1,085 +€1,085
Tangible fixed assets 22/27 €22,774 €11,399 -€11,375 -49.9%
Furniture and vehicles 24 €22,774 €11,399 -€11,375 -49.9%
Financial fixed assets 28 - €57 +€57
Current assets 29/58 €82,990 €183,424 +€100,434 +121.0%
Amounts receivable within one year 40/41 €23,508 €68,347 +€44,839 +190.7%
Trade receivables 40 €23,508 €66,291 +€42,784 +182.0%
Other amounts receivable 41 - €2,055 +€2,055
Cash at bank and in hand 54/58 €57,402 €112,874 +€55,472 +96.6%
Deferred charges and accrued income 490/1 €2,081 €2,203 +€122 +5.9%
Total equity and liabilities 10/49 €105,764 €195,965 +€90,201 +85.3%
Equity 10/15 €32,007 €134,075 +€102,068 +318.9%
Contributions 10/11 €1,000 €1,000 = 0.0%
Reserves 13 €30,000 €30,000 = 0.0%
Distributable reserves 133 €30,000 €30,000 = 0.0%
Profit (loss) carried forward 14 €1,007 €103,075 +€102,068 +10140.2%
Amounts payable 17/49 €73,757 €61,890 -€11,867 -16.1%
Amounts payable after more than one year 17 €7,007 €0 -€7,007 -100.0%
Financial debts 170/4 €7,007 €0 -€7,007 -100.0%
Amounts payable within one year 42/48 €64,500 €61,420 -€3,080 -4.8%
Current portion of amounts payable after more than one year 42 €6,661 €7,007 +€346 +5.2%
Trade debts 44 €15,835 €4,115 -€11,720 -74.0%
Suppliers 440/4 €15,835 €4,115 -€11,720 -74.0%
Taxes, remuneration and social security 45 €21,396 €50,298 +€28,902 +135.1%
Taxes 450/3 €21,396 €50,298 +€28,902 +135.1%
Other amounts payable 47/48 €20,608 €0 -€20,608 -100.0%
Accrued charges and deferred income 492/3 €2,250 €470 -€1,780 -79.1%
Remuneration, social security and pensions 62 - €900 +€900
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,575 €11,957 -€618 -4.9%
Other operating charges 640/8 €1,724 €924 -€799 -46.4%
Gross operating margin 9900 €63,893 €146,916 +€83,023 +129.9%
Operating profit (loss) 9901 €49,594 €133,134 +€83,541 +168.4%
Financial income 75/76B €62 €1 -€61 -98.1%
Recurring financial income 75 €62 €1 -€61 -98.1%
Financial charges 65/66B €1,222 €604 -€618 -50.6%
Recurring financial charges 65 €1,222 €604 -€618 -50.6%
Profit (loss) for the period before taxes 9903 €48,434 €132,532 +€84,098 +173.6%
Income taxes 67/77 €17,427 €30,463 +€13,036 +74.8%
Profit (loss) for the period 9904 €31,007 €102,068 +€71,062 +229.2%
Profit (loss) for the period to be appropriated 9905 €31,007 €102,068 +€71,062 +229.2%

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 30 September 2026 via checked.be.