Edy: 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.
Edy
Largest movements
- Tangible fixed assets +€233,442
up €233,442 (+9,966%), from €2,342 to €235,785
of which Land and buildings: +€180,380
- Cash -€33,093
down €33,093 (-80.3%), from €41,217 to €8,124
mainly Investment in fixed assets (net) (-€262,344) and Contributions, distributions and other (-€29,494)
- Receivables within one year -€3,252
down €3,252 (-17.5%), from €18,627 to €15,375
of which Trade receivables: -€7,489
- Debts after one year +€198,961
new in 2025: €198,961
- Reserves -€20,799
no longer reported in 2025 (was €20,799)
- Current portion of long-term debt +€17,370
new in 2025: €17,370
- Other debts +€7,039
up €7,039 (+60.9%), from €11,562 to €18,601
- Tax, wage and social debts -€4,977
down €4,977 (-49.9%), from €9,967 to €4,990
- Depreciation +€25,526
up €25,526 (+756%), from €3,375 to €28,901
- Gross operating margin +€14,445
up €14,445 (+44.9%), from €32,163 to €46,608
- Financial charges +€3,926
up €3,926 (+1,689%), from €232 to €4,159
- Taxes -€3,262
down €3,262 (-50.3%), from €6,490 to €3,228
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 | €63,343 | €260,074 | +€196,730 | +311% |
| Fixed assets | 21/28 | €2,342 | €235,785 | +€233,442 | +9,966% |
| Tangible fixed assets | 22/27 | €2,342 | €235,785 | +€233,442 | +9,966% |
| Land and buildings | 22 | - | €180,380 | +€180,380 | |
| Furniture and vehicles | 24 | €151 | €54,078 | +€53,926 | +35,621% |
| Other tangible fixed assets | 26 | €2,191 | €1,327 | -€864 | -39.4% |
| Current assets | 29/58 | €61,001 | €24,289 | -€36,712 | -60.2% |
| Amounts receivable within one year | 40/41 | €18,627 | €15,375 | -€3,252 | -17.5% |
| Trade receivables | 40 | €17,518 | €10,030 | -€7,489 | -42.7% |
| Other amounts receivable | 41 | €1,108 | €5,346 | +€4,237 | +382% |
| Cash at bank and in hand | 54/58 | €41,217 | €8,124 | -€33,093 | -80.3% |
| Deferred charges and accrued income | 490/1 | €1,157 | €790 | -€367 | -31.7% |
| Total equity and liabilities | 10/49 | €63,343 | €260,074 | +€196,730 | +311% |
| Equity | 10/15 | €39,399 | €18,600 | -€20,799 | -52.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,799 | - | -€20,799 | |
| Distributable reserves | 133 | €20,799 | - | -€20,799 | |
| Amounts payable | 17/49 | €23,944 | €241,474 | +€217,530 | +908% |
| Amounts payable after more than one year | 17 | - | €198,961 | +€198,961 | |
| Financial debts | 170/4 | - | €198,961 | +€198,961 | |
| Amounts payable within one year | 42/48 | €23,944 | €42,513 | +€18,569 | +77.5% |
| Current portion of amounts payable after more than one year | 42 | - | €17,370 | +€17,370 | |
| Trade debts | 44 | €2,415 | €1,552 | -€864 | -35.8% |
| Suppliers | 440/4 | €2,415 | €1,552 | -€864 | -35.8% |
| Taxes, remuneration and social security | 45 | €9,967 | €4,990 | -€4,977 | -49.9% |
| Taxes | 450/3 | €9,967 | €4,990 | -€4,977 | -49.9% |
| Other amounts payable | 47/48 | €11,562 | €18,601 | +€7,039 | +60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,375 | €28,901 | +€25,526 | +756% |
| Other operating charges | 640/8 | €1,283 | €1,647 | +€364 | +28.3% |
| Gross operating margin | 9900 | €32,163 | €46,608 | +€14,445 | +44.9% |
| Operating profit (loss) | 9901 | €27,505 | €16,060 | -€11,445 | -41.6% |
| Financial income | 75/76B | €17 | €20 | +€4 | +22.0% |
| Recurring financial income | 75 | €17 | €20 | +€4 | +22.0% |
| Financial charges | 65/66B | €232 | €4,159 | +€3,926 | +1,689% |
| Recurring financial charges | 65 | €232 | €4,159 | +€3,926 | +1,689% |
| Profit (loss) for the period before taxes | 9903 | €27,289 | €11,922 | -€15,367 | -56.3% |
| Income taxes | 67/77 | €6,490 | €3,228 | -€3,262 | -50.3% |
| Profit (loss) for the period | 9904 | €20,799 | €8,694 | -€12,105 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,799 | €8,694 | -€12,105 | -58.2% |
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 18 October 2026 via checked.be.