BEDEVA: 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.
BEDEVA
Largest movements
- Tangible fixed assets -€35,803
down €35,803 (-9.2%), from €391,230 to €355,427
of which Land and buildings: -€23,543
- Cash +€13,143
up €13,143 (+108.1%), from €12,162 to €25,305
mainly Depreciation (+€35,803) and Accrued charges and deferred income (+€4,455)
- Reserves -€22,286
down €22,286 (-6.3%), from €352,511 to €330,226
of which Distributable reserves: -€22,286
- Accrued charges and deferred income +€4,455
new in 2025: €4,455
- Gross operating margin +€2,309
up €2,309 (+16.5%), from €14,005 to €16,314
- Financial income +€303
up €303 (+84.6%), from €358 to €660
- Depreciation -€280
down €280 (-0.8%), from €36,083 to €35,803
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 | €417,419 | €398,228 | -€19,191 | -4.6% |
| Fixed assets | 21/28 | €391,230 | €355,427 | -€35,803 | -9.2% |
| Tangible fixed assets | 22/27 | €391,230 | €355,427 | -€35,803 | -9.2% |
| Land and buildings | 22 | €362,060 | €338,517 | -€23,543 | -6.5% |
| Furniture and vehicles | 24 | €29,170 | €16,910 | -€12,260 | -42.0% |
| Current assets | 29/58 | €26,189 | €42,801 | +€16,612 | +63.4% |
| Stocks and contracts in progress | 3 | €4,035 | €4,035 | = | 0.0% |
| Stocks | 30/36 | €4,035 | €4,035 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,978 | €10,936 | +€2,958 | +37.1% |
| Other amounts receivable | 41 | €7,978 | €10,936 | +€2,958 | +37.1% |
| Cash at bank and in hand | 54/58 | €12,162 | €25,305 | +€13,143 | +108.1% |
| Deferred charges and accrued income | 490/1 | €2,015 | €2,526 | +€511 | +25.4% |
| Total equity and liabilities | 10/49 | €417,419 | €398,228 | -€19,191 | -4.6% |
| Equity | 10/15 | €414,011 | €391,726 | -€22,286 | -5.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €352,511 | €330,226 | -€22,286 | -6.3% |
| Non-distributable reserves | 130/1 | €12,023 | €12,023 | = | 0.0% |
| Legal reserve | 130 | €12,023 | €12,023 | = | 0.0% |
| Distributable reserves | 133 | €340,489 | €318,203 | -€22,286 | -6.5% |
| Amounts payable | 17/49 | €3,407 | €6,502 | +€3,095 | +90.8% |
| Amounts payable within one year | 42/48 | €3,407 | €2,048 | -€1,360 | -39.9% |
| Trade debts | 44 | €3,407 | €2,048 | -€1,360 | -39.9% |
| Suppliers | 440/4 | €3,407 | €2,048 | -€1,360 | -39.9% |
| Accrued charges and deferred income | 492/3 | - | €4,455 | +€4,455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,083 | €35,803 | -€280 | -0.8% |
| Other operating charges | 640/8 | €3,257 | €3,390 | +€133 | +4.1% |
| Gross operating margin | 9900 | €14,005 | €16,314 | +€2,309 | +16.5% |
| Operating profit (loss) | 9901 | -€25,334 | -€22,878 | +€2,456 | +9.7% |
| Financial income | 75/76B | €358 | €660 | +€303 | +84.6% |
| Recurring financial income | 75 | €358 | €660 | +€303 | +84.6% |
| Financial charges | 65/66B | €59 | €68 | +€9 | +15.4% |
| Recurring financial charges | 65 | €59 | €68 | +€9 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,035 | -€22,286 | +€2,750 | +11.0% |
| Profit (loss) for the period | 9904 | -€25,035 | -€22,286 | +€2,750 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,035 | -€22,286 | +€2,750 | +11.0% |
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 12 October 2026 via checked.be.