BEDIKA: 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.
BEDIKA
Largest movements
- Receivables within one year +€406,063
new in 2025: €406,063
- Cash -€111,823
down €111,823 (-69.8%), from €160,318 to €48,495
mainly Receivables within one year (-€406,063) and Debts after one year (-€113,278)
- Other debts +€358,250
up €358,250 (+41.4%), from €865,922 to €1.2m
- Debts after one year -€113,278
down €113,278 (-6.2%), from €1.8m to €1.7m
- Gross operating margin -€481,187
down €481,187 (-75.0%), from €641,746 to €160,560
- Taxes -€134,823
down €134,823 (-90.0%), from €149,878 to €15,055
- Financial charges +€18,287
up €18,287 (+34.3%), from €53,239 to €71,526
- Other operating charges -€8,814
down €8,814 (-33.1%), from €26,609 to €17,795
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 | €4,459,025 | €4,741,378 | +€282,353 | +6.3% |
| Fixed assets | 21/28 | €4,298,707 | €4,286,819 | -€11,887 | -0.3% |
| Tangible fixed assets | 22/27 | €260,549 | €248,662 | -€11,887 | -4.6% |
| Land and buildings | 22 | €226,505 | €217,046 | -€9,459 | -4.2% |
| Assets under construction and advance payments | 27 | €34,044 | €31,616 | -€2,428 | -7.1% |
| Financial fixed assets | 28 | €4,038,157 | €4,038,157 | = | 0.0% |
| Current assets | 29/58 | €160,318 | €454,558 | +€294,240 | +184% |
| Amounts receivable within one year | 40/41 | - | €406,063 | +€406,063 | |
| Other amounts receivable | 41 | - | €406,063 | +€406,063 | |
| Cash at bank and in hand | 54/58 | €160,318 | €48,495 | -€111,823 | -69.8% |
| Total equity and liabilities | 10/49 | €4,459,025 | €4,741,378 | +€282,353 | +6.3% |
| Equity | 10/15 | €1,483,550 | €1,528,714 | +€45,164 | +3.0% |
| Contributions | 10/11 | €201,500 | €201,500 | = | 0.0% |
| Capital | 10 | €201,500 | €201,500 | = | 0.0% |
| Issued capital | 100 | €201,500 | €201,500 | = | 0.0% |
| Reserves | 13 | €20,150 | €20,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,150 | €20,150 | = | 0.0% |
| Legal reserve | 130 | €20,150 | €20,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,261,900 | €1,307,064 | +€45,164 | +3.6% |
| Amounts payable | 17/49 | €2,975,475 | €3,212,664 | +€237,188 | +8.0% |
| Amounts payable after more than one year | 17 | €1,822,691 | €1,709,413 | -€113,278 | -6.2% |
| Financial debts | 170/4 | €1,822,691 | €1,709,413 | -€113,278 | -6.2% |
| Amounts payable within one year | 42/48 | €1,146,593 | €1,497,437 | +€350,844 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €129,035 | €123,387 | -€5,648 | -4.4% |
| Trade debts | 44 | €197 | - | -€197 | |
| Suppliers | 440/4 | €197 | - | -€197 | |
| Taxes, remuneration and social security | 45 | €151,439 | €149,878 | -€1,561 | -1.0% |
| Taxes | 450/3 | €151,439 | €149,878 | -€1,561 | -1.0% |
| Other amounts payable | 47/48 | €865,922 | €1,224,172 | +€358,250 | +41.4% |
| Accrued charges and deferred income | 492/3 | €6,191 | €5,814 | -€378 | -6.1% |
| Non-recurring operating income | 76A | €530,571 | - | -€530,571 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,610 | +€2,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,887 | €11,887 | = | 0.0% |
| Other operating charges | 640/8 | €26,609 | €17,795 | -€8,814 | -33.1% |
| Gross operating margin | 9900 | €641,746 | €160,560 | -€481,187 | -75.0% |
| Operating profit (loss) | 9901 | €603,250 | €130,877 | -€472,373 | -78.3% |
| Financial income | 75/76B | - | €868 | +€868 | |
| Recurring financial income | 75 | - | €868 | +€868 | |
| Financial charges | 65/66B | €53,239 | €71,526 | +€18,287 | +34.3% |
| Recurring financial charges | 65 | €53,239 | €71,526 | +€18,287 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | €550,011 | €60,219 | -€489,792 | -89.1% |
| Income taxes | 67/77 | €149,878 | €15,055 | -€134,823 | -90.0% |
| Profit (loss) for the period | 9904 | €400,133 | €45,164 | -€354,969 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €400,133 | €45,164 | -€354,969 | -88.7% |
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 18 October 2026 via checked.be.