EDE: what changed
What changed
EDE
NACE 52.210, Service activities incidental to land transportation
filed annual accounts (NBB)
Net result for the year
€60,372
2024 · €79,694-€19,321
Equity
€342,761
2024 · €282,389+€60,372
Cash
€1,847
2024 · €931+€916
Balance sheet total
€845,657
2024 · €904,726-€59,070
Largest movements
Assets
- Tangible fixed assets -€128,447
down €128,447 (-27.6%), from €466,115 to €337,667
of which Furniture and vehicles: -€127,333
- Receivables within one year +€68,461
up €68,461 (+16.0%), from €428,680 to €497,142
of which Other amounts receivable: +€43,581
Equity and liabilities
- Debts after one year -€139,606
down €139,606 (-52.2%), from €267,364 to €127,759
- Profit (loss) carried forward +€60,372
up €60,372 (+23.1%), from €261,829 to €322,201
- Trade debts +€39,844
up €39,844 (+30.0%), from €132,651 to €172,495
Income statement
- Gross operating margin +€500,079
up €500,079 (+97.3%), from €513,963 to €1.0m
- Staff costs +€415,374
up €415,374 (+113%), from €369,043 to €784,417
- Depreciation +€82,403
up €82,403 (+168%), from €48,928 to €131,331
- Financial charges +€12,158
up €12,158 (+116%), from €10,456 to €22,614
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€79,694
Gross operating margin
+€500,079
Staff costs
-€415,374
Depreciation
-€82,403
Other operating charges
-€4,900
Other operating items
+€151
Financial charges
-€12,158
Taxes
-€4,716
Result 2025
€60,372
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€150,894
Investment
-€2,884
Financing
-€147,094
Cash 2024
€931
From operations (derived)
+€150,894
Net result for the year
+€60,372
Depreciation
+€131,331
Receivables within one year
-€68,461
Trade debts
+€39,844
Tax, wage and social debts
-€7,771
Accrued charges and deferred income
-€4,422
Investment (derived)
-€2,884
Investment in fixed assets (net)
-€2,884
Financing
-€147,094
Debts after one year
-€139,606
Current portion of long-term debt
-€7,488
Cash 2025
€1,847
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €904,726 | €845,657 | -€59,070 | -6.5% |
| Fixed assets | 21/28 | €475,115 | €346,667 | -€128,447 | -27.0% |
| Tangible fixed assets | 22/27 | €466,115 | €337,667 | -€128,447 | -27.6% |
| Land and buildings | 22 | - | €1,219 | +€1,219 | |
| Plant, machinery and equipment | 23 | €6,611 | €4,278 | -€2,333 | -35.3% |
| Furniture and vehicles | 24 | €459,504 | €332,170 | -€127,333 | -27.7% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €429,612 | €498,989 | +€69,377 | +16.1% |
| Amounts receivable within one year | 40/41 | €428,680 | €497,142 | +€68,461 | +16.0% |
| Trade receivables | 40 | €352,548 | €377,429 | +€24,881 | +7.1% |
| Other amounts receivable | 41 | €76,132 | €119,713 | +€43,581 | +57.2% |
| Cash at bank and in hand | 54/58 | €931 | €1,847 | +€916 | +98.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €904,726 | €845,657 | -€59,070 | -6.5% |
| Equity | 10/15 | €282,389 | €342,761 | +€60,372 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,360 | €14,360 | = | 0.0% |
| Distributable reserves | 133 | €14,360 | €14,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,829 | €322,201 | +€60,372 | +23.1% |
| Provisions and deferred taxes | 16 | €676 | €676 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €676 | €676 | = | 0.0% |
| Other liabilities and charges | 164/5 | €676 | €676 | = | 0.0% |
| Amounts payable | 17/49 | €621,662 | €502,220 | -€119,442 | -19.2% |
| Amounts payable after more than one year | 17 | €267,364 | €127,759 | -€139,606 | -52.2% |
| Financial debts | 170/4 | €267,364 | €127,759 | -€139,606 | -52.2% |
| Amounts payable within one year | 42/48 | €349,876 | €374,462 | +€24,585 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €147,094 | €139,606 | -€7,488 | -5.1% |
| Trade debts | 44 | €132,651 | €172,495 | +€39,844 | +30.0% |
| Suppliers | 440/4 | €132,651 | €172,495 | +€39,844 | +30.0% |
| Taxes, remuneration and social security | 45 | €70,132 | €62,361 | -€7,771 | -11.1% |
| Taxes | 450/3 | €9,137 | €62,361 | +€53,225 | +583% |
| Remuneration and social security | 454/9 | €60,995 | - | -€60,995 | |
| Accrued charges and deferred income | 492/3 | €4,422 | - | -€4,422 | |
| Remuneration, social security and pensions | 62 | €369,043 | €784,417 | +€415,374 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,928 | €131,331 | +€82,403 | +168% |
| Other operating charges | 640/8 | €5,691 | €10,591 | +€4,900 | +86.1% |
| Non-recurring operating charges | 66A | €151 | - | -€151 | |
| Gross operating margin | 9900 | €513,963 | €1,014,042 | +€500,079 | +97.3% |
| Operating profit (loss) | 9901 | €90,150 | €87,703 | -€2,447 | -2.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €10,456 | €22,614 | +€12,158 | +116% |
| Recurring financial charges | 65 | €10,456 | €22,614 | +€12,158 | +116% |
| Profit (loss) for the period before taxes | 9903 | €79,694 | €65,088 | -€14,605 | -18.3% |
| Income taxes | 67/77 | - | €4,716 | +€4,716 | |
| Profit (loss) for the period | 9904 | €79,694 | €60,372 | -€19,321 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,694 | €60,372 | -€19,321 | -24.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.