BéDéBé: 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.
BéDéBé
Largest movements
- Tangible fixed assets -€163,877
down €163,877 (-38.8%), from €422,504 to €258,627
of which Land and buildings: -€159,045
- Cash +€9,311
up €9,311 (+214.1%), from €4,348 to €13,659
mainly Investment in fixed assets (net) (+€154,977) and Depreciation (+€9,074)
- Receivables within one year -€8,725
down €8,725 (-41.0%), from €21,261 to €12,536
of which Trade receivables: -€8,503
- Debts after one year -€101,541
down €101,541 (-43.1%), from €235,774 to €134,233
of which Financial debts: -€101,541
- Other debts -€27,923
down €27,923 (-43.7%), from €63,832 to €35,909
- Short-term financial debts -€25,000
no longer reported in 2025 (was €25,000)
- Current portion of long-term debt -€9,547
down €9,547 (-42.8%), from €22,319 to €12,772
- Depreciation -€10,166
down €10,166 (-52.8%), from €19,240 to €9,074
- Financial charges -€6,190
down €6,190 (-53.6%), from €11,555 to €5,365
- Other operating charges -€1,998
down €1,998 (-37.1%), from €5,389 to €3,391
- Gross operating margin +€309
up €309 (+1.7%), from €18,573 to €18,882
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 | €450,524 | €286,477 | -€164,048 | -36.4% |
| Fixed assets | 21/28 | €422,798 | €258,747 | -€164,051 | -38.8% |
| Tangible fixed assets | 22/27 | €422,504 | €258,627 | -€163,877 | -38.8% |
| Land and buildings | 22 | €417,207 | €258,162 | -€159,045 | -38.1% |
| Plant, machinery and equipment | 23 | €3,656 | - | -€3,656 | |
| Furniture and vehicles | 24 | €1,641 | €465 | -€1,176 | -71.7% |
| Financial fixed assets | 28 | €294 | €120 | -€174 | -59.2% |
| Current assets | 29/58 | €27,727 | €27,730 | +€3 | 0.0% |
| Amounts receivable within one year | 40/41 | €21,261 | €12,536 | -€8,725 | -41.0% |
| Trade receivables | 40 | €8,868 | €365 | -€8,503 | -95.9% |
| Other amounts receivable | 41 | €12,393 | €12,171 | -€222 | -1.8% |
| Cash at bank and in hand | 54/58 | €4,348 | €13,659 | +€9,311 | +214.1% |
| Deferred charges and accrued income | 490/1 | €2,118 | €1,535 | -€583 | -27.5% |
| Total equity and liabilities | 10/49 | €450,524 | €286,477 | -€164,048 | -36.4% |
| Equity | 10/15 | €101,613 | €102,509 | +€896 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,013 | €83,909 | +€896 | +1.1% |
| Non-distributable reserves | 130/1 | €2,200 | €2,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,200 | €2,200 | = | 0.0% |
| Distributable reserves | 133 | €80,813 | €81,709 | +€896 | +1.1% |
| Amounts payable | 17/49 | €348,911 | €183,967 | -€164,944 | -47.3% |
| Amounts payable after more than one year | 17 | €235,774 | €134,233 | -€101,541 | -43.1% |
| Financial debts | 170/4 | €235,625 | €134,084 | -€101,541 | -43.1% |
| Other amounts payable | 178/9 | €149 | €149 | = | 0.0% |
| Amounts payable within one year | 42/48 | €112,427 | €49,319 | -€63,109 | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €22,319 | €12,772 | -€9,547 | -42.8% |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Taxes, remuneration and social security | 45 | €1,276 | €638 | -€639 | -50.0% |
| Taxes | 450/3 | €1,276 | €638 | -€639 | -50.0% |
| Other amounts payable | 47/48 | €63,832 | €35,909 | -€27,923 | -43.7% |
| Accrued charges and deferred income | 492/3 | €710 | €416 | -€294 | -41.4% |
| Non-recurring operating income | 76A | - | €39,197 | +€39,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,240 | €9,074 | -€10,166 | -52.8% |
| Other operating charges | 640/8 | €5,389 | €3,391 | -€1,998 | -37.1% |
| Gross operating margin | 9900 | €18,573 | €18,882 | +€309 | +1.7% |
| Operating profit (loss) | 9901 | -€6,056 | €6,418 | +€12,474 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €11,555 | €5,365 | -€6,190 | -53.6% |
| Recurring financial charges | 65 | €11,555 | €5,365 | -€6,190 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,611 | €1,061 | +€18,672 | |
| Income taxes | 67/77 | €329 | €165 | -€164 | -49.8% |
| Profit (loss) for the period | 9904 | -€17,940 | €896 | +€18,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,940 | €896 | +€18,836 |
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 28 September 2026 via checked.be.