EDIFAE: 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.
EDIFAE
Largest movements
- Tangible fixed assets -€33,990
down €33,990 (-61.8%), from €54,959 to €20,969
of which Land and buildings: -€23,967
- Cash -€32,646
down €32,646 (-90.1%), from €36,225 to €3,579
mainly Net result for the year (-€43,704) and Other debts (-€22,641)
- Receivables within one year +€11,840
up €11,840 (+1,202%), from €985 to €12,825
of which Other amounts receivable: +€7,136
- Deferred charges and accrued income -€3,239
down €3,239 (-71.7%), from €4,518 to €1,279
- Profit (loss) carried forward -€43,704
down €43,704 (-84.1%), from -€51,971 to -€95,674
- Other debts -€22,641
down €22,641 (-55.1%), from €41,076 to €18,435
- Trade debts +€6,021
up €6,021 (+220%), from €2,736 to €8,757
- Tax, wage and social debts +€3,438
up €3,438 (+118%), from €2,906 to €6,344
- Accrued charges and deferred income -€1,150
down €1,150 (-100%), from €1,150 to €0
- Depreciation -€16,747
down €16,747 (-56.0%), from €29,882 to €13,135
- Other operating charges +€15,497
up €15,497 (+325%), from €4,773 to €20,270
- Gross operating margin +€7,239
up €7,239 (+42.8%), from -€16,925 to -€9,686
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 | €96,687 | €38,652 | -€58,035 | -60.0% |
| Fixed assets | 21/28 | €54,959 | €20,969 | -€33,990 | -61.8% |
| Tangible fixed assets | 22/27 | €54,959 | €20,969 | -€33,990 | -61.8% |
| Land and buildings | 22 | €35,364 | €11,397 | -€23,967 | -67.8% |
| Plant, machinery and equipment | 23 | €6,752 | €3,616 | -€3,136 | -46.4% |
| Furniture and vehicles | 24 | €10,894 | €5,956 | -€4,938 | -45.3% |
| Other tangible fixed assets | 26 | €1,950 | €0 | -€1,950 | -100% |
| Current assets | 29/58 | €41,727 | €17,683 | -€24,045 | -57.6% |
| Amounts receivable within one year | 40/41 | €985 | €12,825 | +€11,840 | +1,202% |
| Trade receivables | 40 | €860 | €5,564 | +€4,704 | +547% |
| Other amounts receivable | 41 | €125 | €7,261 | +€7,136 | +5,724% |
| Cash at bank and in hand | 54/58 | €36,225 | €3,579 | -€32,646 | -90.1% |
| Deferred charges and accrued income | 490/1 | €4,518 | €1,279 | -€3,239 | -71.7% |
| Total equity and liabilities | 10/49 | €96,687 | €38,652 | -€58,035 | -60.0% |
| Equity | 10/15 | €48,820 | €5,116 | -€43,704 | -89.5% |
| Contributions | 10/11 | €11,853 | €11,853 | = | 0.0% |
| Reserves | 13 | €88,937 | €88,937 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,185 | €1,185 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,185 | €1,185 | = | 0.0% |
| Distributable reserves | 133 | €87,752 | €87,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,971 | -€95,674 | -€43,704 | -84.1% |
| Amounts payable | 17/49 | €47,867 | €33,535 | -€14,332 | -29.9% |
| Amounts payable within one year | 42/48 | €46,717 | €33,535 | -€13,182 | -28.2% |
| Trade debts | 44 | €2,736 | €8,757 | +€6,021 | +220% |
| Suppliers | 440/4 | €2,736 | €8,757 | +€6,021 | +220% |
| Taxes, remuneration and social security | 45 | €2,906 | €6,344 | +€3,438 | +118% |
| Taxes | 450/3 | €2,906 | €6,344 | +€3,438 | +118% |
| Other amounts payable | 47/48 | €41,076 | €18,435 | -€22,641 | -55.1% |
| Accrued charges and deferred income | 492/3 | €1,150 | €0 | -€1,150 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,882 | €13,135 | -€16,747 | -56.0% |
| Other operating charges | 640/8 | €4,773 | €20,270 | +€15,497 | +325% |
| Gross operating margin | 9900 | -€16,925 | -€9,686 | +€7,239 | +42.8% |
| Operating profit (loss) | 9901 | -€51,580 | -€43,090 | +€8,490 | +16.5% |
| Financial income | 75/76B | €2 | €0 | -€2 | -84.4% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -84.4% |
| Financial charges | 65/66B | €27 | €134 | +€108 | +402% |
| Recurring financial charges | 65 | €27 | €134 | +€108 | +402% |
| Profit (loss) for the period before taxes | 9903 | -€51,604 | -€43,225 | +€8,380 | +16.2% |
| Income taxes | 67/77 | €366 | €479 | +€113 | +30.9% |
| Profit (loss) for the period | 9904 | -€51,971 | -€43,704 | +€8,267 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,971 | -€43,704 | +€8,267 | +15.9% |
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 26 October 2026 via checked.be.