BEDELVA: 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.
What changed
BEDELVA
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,350
2024 · -€5,332+€981
Equity
€1.4m
2024 · €1.4m-€4,350
Cash
€78,390
2024 · €78,739-€349
Balance sheet total
€1.8m
2024 · €1.8m-€21,832
Largest movements
Assets
- Tangible fixed assets -€23,572
down €23,572 (-3.2%), from €727,682 to €704,110
of which Land and buildings: -€477,343
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Other operating charges -€1,049
down €1,049 (-12.9%), from €8,122 to €7,073
- Financial income +€980
up €980 (+21.6%), from €4,533 to €5,513
- Gross operating margin -€881
down €881 (-2.4%), from €36,167 to €35,287
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.
Result 2024
-€5,332
Gross operating margin
-€881
Other operating charges
+€1,049
Other operating items
+€400
Financial income
+€980
Financial charges
-€261
Taxes
-€306
Result 2025
-€4,350
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.
From operations
-€3,441
Investment
+€3,093
Financing
€0
Cash 2024
€78,739
From operations (derived)
-€3,441
Net result for the year
-€4,350
Depreciation
+€23,572
Receivables within one year
-€4,038
Deferred charges and accrued income
-€1,143
Provisions
-€6
Trade debts
+€755
Tax, wage and social debts
-€1,108
Other debts
-€15,514
Accrued charges and deferred income
-€1,608
Investment (derived)
+€3,093
Current investments
+€3,093
Cash 2025
€78,390
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,836,427 | €1,814,595 | -€21,832 | -1.2% |
| Fixed assets | 21/28 | €727,682 | €704,110 | -€23,572 | -3.2% |
| Tangible fixed assets | 22/27 | €727,682 | €704,110 | -€23,572 | -3.2% |
| Land and buildings | 22 | €712,247 | €234,905 | -€477,343 | -67.0% |
| Plant, machinery and equipment | 23 | €14,935 | €0 | -€14,935 | -100.0% |
| Other tangible fixed assets | 26 | €500 | €469,206 | +€468,706 | +93791.8% |
| Current assets | 29/58 | €1,108,745 | €1,110,484 | +€1,740 | +0.2% |
| Amounts receivable within one year | 40/41 | €3,357 | €7,395 | +€4,038 | +120.3% |
| Trade receivables | 40 | - | €6,050 | +€6,050 | |
| Other amounts receivable | 41 | €3,357 | €1,345 | -€2,012 | -59.9% |
| Current investments | 50/53 | €1,000,548 | €997,456 | -€3,093 | -0.3% |
| Cash at bank and in hand | 54/58 | €78,739 | €78,390 | -€349 | -0.4% |
| Deferred charges and accrued income | 490/1 | €26,101 | €27,244 | +€1,143 | +4.4% |
| Total equity and liabilities | 10/49 | €1,836,427 | €1,814,595 | -€21,832 | -1.2% |
| Equity | 10/15 | €1,435,143 | €1,430,793 | -€4,350 | -0.3% |
| Contributions | 10/11 | €26,606 | €26,606 | = | 0.0% |
| Reserves | 13 | €1,408,537 | €1,404,186 | -€4,350 | -0.3% |
| Tax-exempt reserves | 132 | €165,082 | €165,058 | -€24 | 0.0% |
| Distributable reserves | 133 | €1,243,454 | €1,239,128 | -€4,327 | -0.3% |
| Provisions and deferred taxes | 16 | €41,271 | €41,265 | -€6 | 0.0% |
| Deferred taxes | 168 | €41,271 | €41,265 | -€6 | 0.0% |
| Amounts payable | 17/49 | €360,013 | €342,538 | -€17,476 | -4.9% |
| Amounts payable within one year | 42/48 | €347,075 | €331,208 | -€15,867 | -4.6% |
| Trade debts | 44 | €2,701 | €3,456 | +€755 | +27.9% |
| Suppliers | 440/4 | €2,701 | €3,456 | +€755 | +27.9% |
| Taxes, remuneration and social security | 45 | €7,739 | €6,631 | -€1,108 | -14.3% |
| Taxes | 450/3 | €6,239 | €6,631 | +€392 | +6.3% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts payable | 47/48 | €336,635 | €321,121 | -€15,514 | -4.6% |
| Accrued charges and deferred income | 492/3 | €12,938 | €11,330 | -€1,608 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,572 | €23,572 | = | 0.0% |
| Other operating charges | 640/8 | €8,122 | €7,073 | -€1,049 | -12.9% |
| Non-recurring operating charges | 66A | €400 | €0 | -€400 | -100.0% |
| Gross operating margin | 9900 | €36,167 | €35,287 | -€881 | -2.4% |
| Operating profit (loss) | 9901 | €4,074 | €4,642 | +€568 | +13.9% |
| Financial income | 75/76B | €4,533 | €5,513 | +€980 | +21.6% |
| Recurring financial income | 75 | €4,533 | €5,513 | +€980 | +21.6% |
| Financial charges | 65/66B | €11,554 | €11,815 | +€261 | +2.3% |
| Recurring financial charges | 65 | €11,554 | €11,815 | +€261 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,947 | -€1,660 | +€1,288 | +43.7% |
| Transfer from deferred taxes | 780 | €6 | €6 | = | 0.0% |
| Income taxes | 67/77 | €2,390 | €2,697 | +€306 | +12.8% |
| Profit (loss) for the period | 9904 | -€5,332 | -€4,350 | +€981 | +18.4% |
| Transfer from tax-exempt reserves | 789 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,308 | -€4,327 | +€981 | +18.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.