BEDIGRO: what changed
BEDIGRO
Largest movements
- Tangible fixed assets -€170,124
down €170,124 (-8.7%), from €2.0m to €1.8m
of which Land and buildings: -€100,959
- Receivables within one year -€30,280
down €30,280 (-18.6%), from €163,042 to €132,761
of which Trade receivables: -€49,570
- Deferred charges and accrued income -€30,082
down €30,082 (-52.2%), from €57,653 to €27,571
- Cash +€26,787
up €26,787 (+10.2%), from €263,602 to €290,389
mainly Depreciation (+€178,016) and Net result for the year (+€120,547)
- Reserves -€174,105
down €174,105 (-9.2%), from €1.9m to €1.7m
- Current portion of long-term debt -€75,000
down €75,000 (-47.0%), from €159,584 to €84,584
- Other debts +€59,005
up €59,005 (+18.8%), from €313,962 to €372,967
- Debts after one year -€31,702
down €31,702 (-91.7%), from €34,584 to €2,882
- Gross operating margin -€46,458
down €46,458 (-9.9%), from €469,174 to €422,716
- Taxes -€13,897
down €13,897 (-18.5%), from €74,929 to €61,032
- Depreciation -€12,376
down €12,376 (-6.5%), from €190,392 to €178,016
- Staff costs +€8,611
new in 2025: €8,611
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,447,210 | €2,243,511 | -€203,699 | -8.3% |
| Fixed assets | 21/28 | €1,962,914 | €1,792,790 | -€170,124 | -8.7% |
| Tangible fixed assets | 22/27 | €1,962,914 | €1,792,790 | -€170,124 | -8.7% |
| Land and buildings | 22 | €1,144,931 | €1,043,972 | -€100,959 | -8.8% |
| Plant, machinery and equipment | 23 | €61,204 | €41,511 | -€19,693 | -32.2% |
| Furniture and vehicles | 24 | €97,636 | €42,477 | -€55,159 | -56.5% |
| Other tangible fixed assets | 26 | €659,142 | €664,831 | +€5,688 | +0.9% |
| Current assets | 29/58 | €484,296 | €450,721 | -€33,575 | -6.9% |
| Amounts receivable within one year | 40/41 | €163,042 | €132,761 | -€30,280 | -18.6% |
| Trade receivables | 40 | €97,970 | €48,400 | -€49,570 | -50.6% |
| Other amounts receivable | 41 | €65,072 | €84,361 | +€19,290 | +29.6% |
| Cash at bank and in hand | 54/58 | €263,602 | €290,389 | +€26,787 | +10.2% |
| Deferred charges and accrued income | 490/1 | €57,653 | €27,571 | -€30,082 | -52.2% |
| Total equity and liabilities | 10/49 | €2,447,210 | €2,243,511 | -€203,699 | -8.3% |
| Equity | 10/15 | €1,914,206 | €1,740,102 | -€174,103 | -9.1% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €1,893,410 | €1,719,305 | -€174,105 | -9.2% |
| Distributable reserves | 133 | €1,893,410 | €1,719,305 | -€174,105 | -9.2% |
| Profit (loss) carried forward | 14 | €996 | €997 | +€2 | +0.2% |
| Amounts payable | 17/49 | €533,004 | €503,409 | -€29,595 | -5.6% |
| Amounts payable after more than one year | 17 | €34,584 | €2,882 | -€31,702 | -91.7% |
| Financial debts | 170/4 | €34,584 | €2,882 | -€31,702 | -91.7% |
| Amounts payable within one year | 42/48 | €498,420 | €500,527 | +€2,107 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €159,584 | €84,584 | -€75,000 | -47.0% |
| Trade debts | 44 | €2,066 | €12,982 | +€10,917 | +528% |
| Suppliers | 440/4 | €2,066 | €12,982 | +€10,917 | +528% |
| Taxes, remuneration and social security | 45 | €22,807 | €29,993 | +€7,186 | +31.5% |
| Taxes | 450/3 | €19,364 | €28,326 | +€8,963 | +46.3% |
| Remuneration and social security | 454/9 | €3,444 | €1,667 | -€1,777 | -51.6% |
| Other amounts payable | 47/48 | €313,962 | €372,967 | +€59,005 | +18.8% |
| Non-recurring operating income | 76A | €61,547 | - | -€61,547 | |
| Remuneration, social security and pensions | 62 | - | €8,611 | +€8,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,392 | €178,016 | -€12,376 | -6.5% |
| Other operating charges | 640/8 | €18,658 | €22,827 | +€4,169 | +22.3% |
| Non-recurring operating charges | 66A | €4,542 | - | -€4,542 | |
| Gross operating margin | 9900 | €469,174 | €422,716 | -€46,458 | -9.9% |
| Operating profit (loss) | 9901 | €255,582 | €213,263 | -€42,319 | -16.6% |
| Financial charges | 65/66B | €34,557 | €31,685 | -€2,872 | -8.3% |
| Recurring financial charges | 65 | €34,557 | €31,685 | -€2,872 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €221,025 | €181,578 | -€39,447 | -17.8% |
| Income taxes | 67/77 | €74,929 | €61,032 | -€13,897 | -18.5% |
| Profit (loss) for the period | 9904 | €146,097 | €120,547 | -€25,550 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €146,097 | €120,547 | -€25,550 | -17.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 29 September 2024 and 29 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.