EDWARD IMMO: 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.
EDWARD IMMO
Largest movements
- Tangible fixed assets -€10,238
down €10,238 (-3.2%), from €319,406 to €309,167
- Other debts -€10,204
down €10,204 (-43.7%), from €23,335 to €13,131
- Debts after one year +€9,473
up €9,473 (+3.0%), from €314,420 to €323,893
of which Other amounts payable: +€25,000
- Profit (loss) carried forward -€8,216
down €8,216 (-16.3%), from -€50,267 to -€58,483
- Gross operating margin +€5,337
up €5,337, from -€149 to €5,187
- Financial charges -€1,485
down €1,485 (-37.7%), from €3,938 to €2,453
- Other operating charges +€712
new in 2025: €712
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 | €325,452 | €315,238 | -€10,214 | -3.1% |
| Fixed assets | 21/28 | €319,406 | €309,167 | -€10,238 | -3.2% |
| Tangible fixed assets | 22/27 | €319,406 | €309,167 | -€10,238 | -3.2% |
| Land and buildings | 22 | €319,406 | €309,167 | -€10,238 | -3.2% |
| Current assets | 29/58 | €6,046 | €6,071 | +€24 | +0.4% |
| Amounts receivable within one year | 40/41 | €6,022 | €6,022 | = | 0.0% |
| Trade receivables | 40 | €1,729 | €1,729 | = | 0.0% |
| Other amounts receivable | 41 | €4,293 | €4,293 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24 | €49 | +€24 | +100% |
| Total equity and liabilities | 10/49 | €325,452 | €315,238 | -€10,214 | -3.1% |
| Equity | 10/15 | -€30,267 | -€38,483 | -€8,216 | -27.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,267 | -€58,483 | -€8,216 | -16.3% |
| Amounts payable | 17/49 | €355,720 | €353,722 | -€1,998 | -0.6% |
| Amounts payable after more than one year | 17 | €314,420 | €323,893 | +€9,473 | +3.0% |
| Financial debts | 170/4 | €188,920 | €173,393 | -€15,527 | -8.2% |
| Other amounts payable | 178/9 | €125,500 | €150,500 | +€25,000 | +19.9% |
| Amounts payable within one year | 42/48 | €41,299 | €29,829 | -€11,471 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €16,535 | €15,527 | -€1,008 | -6.1% |
| Trade debts | 44 | €1,429 | €1,170 | -€259 | -18.1% |
| Suppliers | 440/4 | €1,429 | €1,170 | -€259 | -18.1% |
| Other amounts payable | 47/48 | €23,335 | €13,131 | -€10,204 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,238 | €10,238 | = | 0.0% |
| Other operating charges | 640/8 | - | €712 | +€712 | |
| Gross operating margin | 9900 | -€149 | €5,187 | +€5,337 | |
| Operating profit (loss) | 9901 | -€10,388 | -€5,763 | +€4,624 | +44.5% |
| Financial charges | 65/66B | €3,938 | €2,453 | -€1,485 | -37.7% |
| Recurring financial charges | 65 | €3,938 | €2,453 | -€1,485 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,326 | -€8,216 | +€6,110 | +42.6% |
| Profit (loss) for the period | 9904 | -€14,326 | -€8,216 | +€6,110 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,326 | -€8,216 | +€6,110 | +42.6% |
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 13 October 2026 via checked.be.