L'Edelweiss: 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.
L'Edelweiss
Largest movements
- Tangible fixed assets -€23,213
down €23,213 (-5.8%), from €398,024 to €374,811
of which Land and buildings: -€17,327
- Reserves -€14,128
down €14,128 (-2.5%), from €563,361 to €549,233
of which Tax-exempt reserves: -€14,128
- Gross operating margin +€12,608
up €12,608, from -€2,599 to €10,010
- Financial charges -€477
down €477 (-57.0%), from €836 to €359
- Depreciation -€331
down €331 (-1.2%), from €28,035 to €27,704
- Other operating charges +€201
up €201 (+12.3%), from €1,636 to €1,837
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 | €529,358 | €510,946 | -€18,412 | -3.5% |
| Fixed assets | 21/28 | €398,024 | €374,811 | -€23,213 | -5.8% |
| Tangible fixed assets | 22/27 | €398,024 | €374,811 | -€23,213 | -5.8% |
| Land and buildings | 22 | €380,396 | €363,069 | -€17,327 | -4.6% |
| Plant, machinery and equipment | 23 | €10,940 | €8,583 | -€2,357 | -21.5% |
| Furniture and vehicles | 24 | €6,687 | €3,159 | -€3,529 | -52.8% |
| Current assets | 29/58 | €131,335 | €136,135 | +€4,801 | +3.7% |
| Amounts receivable within one year | 40/41 | €131,239 | €135,528 | +€4,289 | +3.3% |
| Other amounts receivable | 41 | €131,239 | €135,528 | +€4,289 | +3.3% |
| Cash at bank and in hand | 54/58 | €96 | €608 | +€512 | +533% |
| Total equity and liabilities | 10/49 | €529,358 | €510,946 | -€18,412 | -3.5% |
| Equity | 10/15 | €346,310 | €331,093 | -€15,217 | -4.4% |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €563,361 | €549,233 | -€14,128 | -2.5% |
| Non-distributable reserves | 130/1 | €23,783 | €23,783 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,783 | €23,783 | = | 0.0% |
| Tax-exempt reserves | 132 | €539,578 | €525,449 | -€14,128 | -2.6% |
| Profit (loss) carried forward | 14 | -€273,051 | -€274,139 | -€1,088 | -0.4% |
| Provisions and deferred taxes | 16 | €179,859 | €175,150 | -€4,709 | -2.6% |
| Deferred taxes | 168 | €179,859 | €175,150 | -€4,709 | -2.6% |
| Amounts payable | 17/49 | €3,189 | €4,703 | +€1,514 | +47.5% |
| Amounts payable within one year | 42/48 | €3,189 | €4,282 | +€1,092 | +34.3% |
| Trade debts | 44 | €3,189 | €4,282 | +€1,092 | +34.3% |
| Suppliers | 440/4 | €3,189 | €4,282 | +€1,092 | +34.3% |
| Accrued charges and deferred income | 492/3 | - | €421 | +€421 | |
| Remuneration, social security and pensions | 62 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,035 | €27,704 | -€331 | -1.2% |
| Other operating charges | 640/8 | €1,636 | €1,837 | +€201 | +12.3% |
| Gross operating margin | 9900 | -€2,599 | €10,010 | +€12,608 | |
| Operating profit (loss) | 9901 | -€32,270 | -€19,567 | +€12,703 | +39.4% |
| Financial charges | 65/66B | €836 | €359 | -€477 | -57.0% |
| Recurring financial charges | 65 | €836 | €359 | -€477 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | -€33,106 | -€19,926 | +€13,180 | +39.8% |
| Transfer from deferred taxes | 780 | €4,709 | €4,709 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€28,396 | -€15,217 | +€13,180 | +46.4% |
| Transfer from tax-exempt reserves | 789 | €14,128 | €14,128 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,268 | -€1,088 | +€13,180 | +92.4% |
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 25 October 2026 via checked.be.