EDEVA: 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.
EDEVA
Largest movements
- Receivables within one year +€252,577
up €252,577 (+5,192%), from €4,865 to €257,441
of which Other amounts receivable: +€248,375
- Cash -€193,711
down €193,711 (-54.1%), from €358,035 to €164,324
mainly Other debts (-€382,499) and Receivables within one year (-€252,577)
- Reserves +€410,605
up €410,605 (+11.7%), from €3.5m to €3.9m
of which Distributable reserves: +€410,605
- Other debts -€382,499
down €382,499 (-76.8%), from €498,037 to €115,538
- Financial income +€348,227
up €348,227 (+1,069%), from €32,587 to €380,814
- Gross operating margin +€64,426
up €64,426 (+93.9%), from €68,612 to €133,038
- Taxes +€55,766
up €55,766 (+190%), from €29,384 to €85,150
- Financial charges +€17,841
up €17,841, from -€10,180 to €7,661
- Depreciation +€8,162
up €8,162 (+1,318%), from €619 to €8,781
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 | €4,178,556 | €4,211,236 | +€32,680 | +0.8% |
| Fixed assets | 21/28 | €2,601,390 | €2,611,797 | +€10,407 | +0.4% |
| Tangible fixed assets | 22/27 | €1,512 | €11,920 | +€10,407 | +688% |
| Furniture and vehicles | 24 | €1,512 | €11,920 | +€10,407 | +688% |
| Financial fixed assets | 28 | €2,599,878 | €2,599,878 | = | 0.0% |
| Current assets | 29/58 | €1,577,166 | €1,599,438 | +€22,272 | +1.4% |
| Amounts receivable within one year | 40/41 | €4,865 | €257,441 | +€252,577 | +5,192% |
| Trade receivables | 40 | - | €4,202 | +€4,202 | |
| Other amounts receivable | 41 | €4,865 | €253,239 | +€248,375 | +5,106% |
| Current investments | 50/53 | €1,211,904 | €1,175,883 | -€36,021 | -3.0% |
| Cash at bank and in hand | 54/58 | €358,035 | €164,324 | -€193,711 | -54.1% |
| Deferred charges and accrued income | 490/1 | €2,362 | €1,790 | -€572 | -24.2% |
| Total equity and liabilities | 10/49 | €4,178,556 | €4,211,236 | +€32,680 | +0.8% |
| Equity | 10/15 | €3,632,537 | €4,043,142 | +€410,605 | +11.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €3,508,537 | €3,919,142 | +€410,605 | +11.7% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €3,496,137 | €3,906,742 | +€410,605 | +11.7% |
| Amounts payable | 17/49 | €546,019 | €168,093 | -€377,926 | -69.2% |
| Amounts payable within one year | 42/48 | €546,019 | €168,093 | -€377,926 | -69.2% |
| Trade debts | 44 | €2,543 | €6,264 | +€3,721 | +146% |
| Suppliers | 440/4 | €2,543 | €6,264 | +€3,721 | +146% |
| Taxes, remuneration and social security | 45 | €45,439 | €46,291 | +€852 | +1.9% |
| Taxes | 450/3 | €45,439 | €46,291 | +€852 | +1.9% |
| Other amounts payable | 47/48 | €498,037 | €115,538 | -€382,499 | -76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €8,781 | +€8,162 | +1,318% |
| Other operating charges | 640/8 | €1,666 | €1,655 | -€11 | -0.6% |
| Non-recurring operating charges | 66A | €495 | - | -€495 | |
| Gross operating margin | 9900 | €68,612 | €133,038 | +€64,426 | +93.9% |
| Operating profit (loss) | 9901 | €65,832 | €122,601 | +€56,770 | +86.2% |
| Financial income | 75/76B | €32,587 | €380,814 | +€348,227 | +1,069% |
| Recurring financial income | 75 | €32,587 | €380,814 | +€348,227 | +1,069% |
| Financial charges | 65/66B | -€10,180 | €7,661 | +€17,841 | |
| Recurring financial charges | 65 | -€10,180 | €7,661 | +€17,841 | |
| Profit (loss) for the period before taxes | 9903 | €108,599 | €495,755 | +€387,155 | +356% |
| Income taxes | 67/77 | €29,384 | €85,150 | +€55,766 | +190% |
| Profit (loss) for the period | 9904 | €79,215 | €410,605 | +€331,390 | +418% |
| Profit (loss) for the period to be appropriated | 9905 | €79,215 | €410,605 | +€331,390 | +418% |
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 21 October 2026 via checked.be.