BEDEIFRA: 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.
BEDEIFRA
Largest movements
- Receivables within one year -€6,227
down €6,227 (-40.3%), from €15,470 to €9,243
of which Trade receivables: -€7,147
- Cash +€5,250
up €5,250 (+4.6%), from €114,232 to €119,482
mainly Net result for the year (+€29,898) and Receivables within one year (+€6,227)
- Reserves +€10,700
up €10,700 (+16.9%), from €63,159 to €73,859
of which Distributable reserves: +€10,700
- Other debts -€10,694
down €10,694 (-92.0%), from €11,622 to €929
- Tax, wage and social debts -€2,900
down €2,900 (-12.6%), from €23,100 to €20,200
- Turnover -€7,878
down €7,878 (-11.1%), from €71,205 to €63,327
- Gross operating margin -€6,564
down €6,564 (-12.7%), from €51,492 to €44,928
- Taxes -€2,769
down €2,769 (-15.8%), from €17,564 to €14,795
- Purchases and services -€1,314
down €1,314 (-6.7%), from €19,713 to €18,399
- Other operating charges -€848
no longer reported in 2025 (was €848)
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 | €138,192 | €135,939 | -€2,253 | -1.6% |
| Fixed assets | 21/28 | €5,095 | €3,967 | -€1,128 | -22.1% |
| Tangible fixed assets | 22/27 | €2,689 | €1,561 | -€1,128 | -41.9% |
| Furniture and vehicles | 24 | €2,689 | €1,561 | -€1,128 | -41.9% |
| Financial fixed assets | 28 | €2,406 | €2,406 | = | 0.0% |
| Current assets | 29/58 | €133,097 | €131,972 | -€1,125 | -0.8% |
| Amounts receivable within one year | 40/41 | €15,470 | €9,243 | -€6,227 | -40.3% |
| Trade receivables | 40 | €15,470 | €8,323 | -€7,147 | -46.2% |
| Other amounts receivable | 41 | - | €920 | +€920 | |
| Current investments | 50/53 | €2,048 | €2,048 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €114,232 | €119,482 | +€5,250 | +4.6% |
| Deferred charges and accrued income | 490/1 | €1,347 | €1,199 | -€148 | -11.0% |
| Total equity and liabilities | 10/49 | €138,192 | €135,939 | -€2,253 | -1.6% |
| Equity | 10/15 | €102,622 | €114,214 | +€11,593 | +11.3% |
| Contributions | 10/11 | €12,400 | €12,395 | -€6 | 0.0% |
| Capital | 10 | €12,400 | €12,395 | -€6 | 0.0% |
| Issued capital | 100 | €18,592 | €18,600 | +€8 | 0.0% |
| Uncalled capital | 101 | €6,192 | €6,206 | +€13 | +0.2% |
| Reserves | 13 | €63,159 | €73,859 | +€10,700 | +16.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €61,300 | €72,000 | +€10,700 | +17.5% |
| Profit (loss) carried forward | 14 | €27,062 | €27,960 | +€898 | +3.3% |
| Amounts payable | 17/49 | €35,570 | €21,724 | -€13,846 | -38.9% |
| Amounts payable within one year | 42/48 | €34,722 | €21,724 | -€12,998 | -37.4% |
| Trade debts | 44 | - | €596 | +€596 | |
| Suppliers | 440/4 | - | €596 | +€596 | |
| Taxes, remuneration and social security | 45 | €23,100 | €20,200 | -€2,900 | -12.6% |
| Taxes | 450/3 | €23,100 | €20,200 | -€2,900 | -12.6% |
| Other amounts payable | 47/48 | €11,622 | €929 | -€10,694 | -92.0% |
| Accrued charges and deferred income | 492/3 | €848 | - | -€848 | |
| Turnover | 70 | €71,205 | €63,327 | -€7,878 | -11.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,713 | €18,399 | -€1,314 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €478 | €1,128 | +€650 | +136% |
| Other operating charges | 640/8 | €848 | - | -€848 | |
| Gross operating margin | 9900 | €51,492 | €44,928 | -€6,564 | -12.7% |
| Operating profit (loss) | 9901 | €50,166 | €43,800 | -€6,366 | -12.7% |
| Financial income | 75/76B | €880 | €1,067 | +€187 | +21.2% |
| Recurring financial income | 75 | €880 | €1,067 | +€187 | +21.2% |
| Financial charges | 65/66B | €103 | €174 | +€71 | +69.2% |
| Recurring financial charges | 65 | €103 | €174 | +€71 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | €50,944 | €44,693 | -€6,251 | -12.3% |
| Income taxes | 67/77 | €17,564 | €14,795 | -€2,769 | -15.8% |
| Profit (loss) for the period | 9904 | €33,380 | €29,898 | -€3,482 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,380 | €29,898 | -€3,482 | -10.4% |
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 14 October 2026 via checked.be.