Ten Ede: 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.
Ten Ede
Largest movements
- Cash +€47,495
up €47,495 (+97.0%), from €48,986 to €96,481
mainly Depreciation (+€38,445) and Net result for the year (+€23,389)
- Tangible fixed assets +€18,324
up €18,324 (+10.3%), from €178,299 to €196,622
of which Furniture and vehicles: +€51,000
- Reserves +€23,389
up €23,389 (+53.5%), from €43,681 to €67,070
- Debts after one year +€20,756
up €20,756 (+20.6%), from €100,738 to €121,494
- Current portion of long-term debt +€9,945
up €9,945 (+62.9%), from €15,807 to €25,753
- Other debts +€6,461
up €6,461 (+12.6%), from €51,434 to €57,895
- Tax, wage and social debts +€4,227
up €4,227 (+59.6%), from €7,096 to €11,323
of which Taxes: +€7,378
- Gross operating margin +€37,430
up €37,430 (+71.8%), from €52,111 to €89,540
- Taxes +€8,927
up €8,927 (+3,816%), from €234 to €9,161
- Staff costs +€3,182
up €3,182 (+64.4%), from €4,941 to €8,123
- Financial charges +€2,713
up €2,713 (+39.5%), from €6,867 to €9,580
- Depreciation +€1,727
up €1,727 (+4.7%), from €36,718 to €38,445
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 | €249,565 | €314,112 | +€64,547 | +25.9% |
| Fixed assets | 21/28 | €187,728 | €204,301 | +€16,574 | +8.8% |
| Intangible fixed assets | 21 | €1,750 | - | -€1,750 | |
| Tangible fixed assets | 22/27 | €178,299 | €196,622 | +€18,324 | +10.3% |
| Land and buildings | 22 | €28,725 | €8,654 | -€20,071 | -69.9% |
| Plant, machinery and equipment | 23 | €141,823 | €129,793 | -€12,030 | -8.5% |
| Furniture and vehicles | 24 | €2,309 | €53,309 | +€51,000 | +2,209% |
| Other tangible fixed assets | 26 | €5,441 | €4,867 | -€574 | -10.6% |
| Financial fixed assets | 28 | €7,679 | €7,679 | = | 0.0% |
| Current assets | 29/58 | €61,838 | €109,811 | +€47,973 | +77.6% |
| Stocks and contracts in progress | 3 | €4,680 | €4,709 | +€29 | +0.6% |
| Stocks | 30/36 | €4,680 | €4,709 | +€29 | +0.6% |
| Amounts receivable within one year | 40/41 | €3,933 | €5,196 | +€1,263 | +32.1% |
| Trade receivables | 40 | €333 | - | -€333 | |
| Other amounts receivable | 41 | €3,600 | €5,196 | +€1,596 | +44.3% |
| Cash at bank and in hand | 54/58 | €48,986 | €96,481 | +€47,495 | +97.0% |
| Deferred charges and accrued income | 490/1 | €4,239 | €3,425 | -€815 | -19.2% |
| Total equity and liabilities | 10/49 | €249,565 | €314,112 | +€64,547 | +25.9% |
| Equity | 10/15 | €64,683 | €88,072 | +€23,389 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,681 | €67,070 | +€23,389 | +53.5% |
| Distributable reserves | 133 | €43,681 | €67,070 | +€23,389 | +53.5% |
| Profit (loss) carried forward | 14 | €2,401 | €2,401 | = | 0.0% |
| Amounts payable | 17/49 | €184,883 | €226,041 | +€41,158 | +22.3% |
| Amounts payable after more than one year | 17 | €100,738 | €121,494 | +€20,756 | +20.6% |
| Financial debts | 170/4 | €100,738 | €121,494 | +€20,756 | +20.6% |
| Amounts payable within one year | 42/48 | €84,032 | €104,547 | +€20,515 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €15,807 | €25,753 | +€9,945 | +62.9% |
| Trade debts | 44 | €9,695 | €9,576 | -€119 | -1.2% |
| Suppliers | 440/4 | €9,695 | €9,576 | -€119 | -1.2% |
| Taxes, remuneration and social security | 45 | €7,096 | €11,323 | +€4,227 | +59.6% |
| Taxes | 450/3 | €3,396 | €10,773 | +€7,378 | +217% |
| Remuneration and social security | 454/9 | €3,701 | €550 | -€3,151 | -85.1% |
| Other amounts payable | 47/48 | €51,434 | €57,895 | +€6,461 | +12.6% |
| Accrued charges and deferred income | 492/3 | €113 | - | -€113 | |
| Non-recurring operating income | 76A | - | €2,526 | +€2,526 | |
| Remuneration, social security and pensions | 62 | €4,941 | €8,123 | +€3,182 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,718 | €38,445 | +€1,727 | +4.7% |
| Other operating charges | 640/8 | €1,086 | €937 | -€149 | -13.7% |
| Gross operating margin | 9900 | €52,111 | €89,540 | +€37,430 | +71.8% |
| Operating profit (loss) | 9901 | €9,366 | €42,035 | +€32,669 | +349% |
| Financial income | 75/76B | - | €94 | +€94 | |
| Recurring financial income | 75 | - | €94 | +€94 | |
| Financial charges | 65/66B | €6,867 | €9,580 | +€2,713 | +39.5% |
| Recurring financial charges | 65 | €6,867 | €9,580 | +€2,713 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €2,499 | €32,550 | +€30,051 | +1,203% |
| Income taxes | 67/77 | €234 | €9,161 | +€8,927 | +3,816% |
| Profit (loss) for the period | 9904 | €2,265 | €23,389 | +€21,124 | +933% |
| Profit (loss) for the period to be appropriated | 9905 | €2,265 | €23,389 | +€21,124 | +933% |
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.