BED & SAM: what changed
Two fiscal 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.
BED & SAM
Largest movements
- Deferred charges and accrued income +€31,034
new in 2025: €31,034
- Receivables within one year -€23,078
no longer reported in 2025 (was €23,078)
- Cash +€1,544
up €1,544 (+178.5%), from €865 to €2,409
mainly Receivables within one year (+€23,078) and Tax, wage and social debts (+€5,592)
- Stocks and contracts -€1,100
down €1,100 (-3.8%), from €28,950 to €27,850
- Tax, wage and social debts +€5,592
up €5,592 (+40.1%), from €13,950 to €19,542
of which Taxes: +€4,277
- Profit (loss) carried forward +€3,834
up €3,834 (+21.0%), from €18,217 to €22,051
- Trade debts -€1,290
down €1,290 (-32.1%), from €4,018 to €2,728
- Gross operating margin +€14,193
up €14,193, from -€8,192 to €6,001
- Financial charges +€1,096
up €1,096 (+147.9%), from €741 to €1,837
- Financial income +€655
up €655 (+43.4%), from €1,510 to €2,165
- Other operating charges +€390
up €390 (+21.2%), from €1,841 to €2,231
- Depreciation -€273
down €273 (-50.8%), from €537 to €264
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.
Cash bridge derived
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 | €58,185 | €66,321 | +€8,136 | +14.0% |
| Fixed assets | 21/28 | €5,292 | €5,028 | -€264 | -5.0% |
| Tangible fixed assets | 22/27 | €792 | €528 | -€264 | -33.3% |
| Plant, machinery and equipment | 23 | €792 | €528 | -€264 | -33.3% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €52,893 | €61,293 | +€8,400 | +15.9% |
| Stocks and contracts in progress | 3 | €28,950 | €27,850 | -€1,100 | -3.8% |
| Stocks | 30/36 | €28,950 | €27,850 | -€1,100 | -3.8% |
| Amounts receivable within one year | 40/41 | €23,078 | - | -€23,078 | |
| Other amounts receivable | 41 | €23,078 | - | -€23,078 | |
| Cash at bank and in hand | 54/58 | €865 | €2,409 | +€1,544 | +178.5% |
| Deferred charges and accrued income | 490/1 | - | €31,034 | +€31,034 | |
| Total equity and liabilities | 10/49 | €58,185 | €66,321 | +€8,136 | +14.0% |
| Equity | 10/15 | €40,217 | €44,051 | +€3,834 | +9.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,217 | €22,051 | +€3,834 | +21.0% |
| Amounts payable | 17/49 | €17,968 | €22,270 | +€4,302 | +23.9% |
| Amounts payable within one year | 42/48 | €17,968 | €22,270 | +€4,302 | +23.9% |
| Trade debts | 44 | €4,018 | €2,728 | -€1,290 | -32.1% |
| Suppliers | 440/4 | €4,018 | €2,728 | -€1,290 | -32.1% |
| Taxes, remuneration and social security | 45 | €13,950 | €19,542 | +€5,592 | +40.1% |
| Taxes | 450/3 | - | €4,277 | +€4,277 | |
| Remuneration and social security | 454/9 | €13,950 | €15,265 | +€1,315 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €264 | -€273 | -50.8% |
| Other operating charges | 640/8 | €1,841 | €2,231 | +€390 | +21.2% |
| Gross operating margin | 9900 | -€8,192 | €6,001 | +€14,193 | |
| Operating profit (loss) | 9901 | -€10,570 | €3,506 | +€14,076 | |
| Financial income | 75/76B | €1,510 | €2,165 | +€655 | +43.4% |
| Recurring financial income | 75 | €1,510 | €2,165 | +€655 | +43.4% |
| Financial charges | 65/66B | €741 | €1,837 | +€1,096 | +147.9% |
| Recurring financial charges | 65 | €741 | €1,837 | +€1,096 | +147.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,801 | €3,834 | +€13,635 | |
| Profit (loss) for the period | 9904 | -€9,801 | €3,834 | +€13,635 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,801 | €3,834 | +€13,635 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.