BEDIMEX: 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.
BEDIMEX
Largest movements
- Stocks and contracts -€171,029
down €171,029 (-20.1%), from €850,324 to €679,294
- Tangible fixed assets -€24,780
down €24,780 (-29.8%), from €83,036 to €58,256
of which Furniture and vehicles: -€21,940
- Receivables within one year -€18,424
down €18,424 (-4.2%), from €436,106 to €417,682
of which Trade receivables: -€16,909
- Profit (loss) carried forward -€200,305
new in 2025: -€200,305
- Short-term financial debts -€35,980
down €35,980 (-38.4%), from €93,665 to €57,686
- Trade debts +€22,380
up €22,380 (+12.4%), from €180,621 to €203,001
- Gross operating margin -€185,144
down €185,144, from €42,863 to -€142,281
- Financial income -€16,746
down €16,746 (-28.2%), from €59,473 to €42,727
- Financial charges +€7,792
up €7,792 (+11.6%), from €67,303 to €75,095
- Taxes -€7,489
down €7,489, from €5,099 to -€2,390
- Depreciation -€1,521
down €1,521 (-5.8%), from €26,301 to €24,780
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 | €1,373,908 | €1,159,726 | -€214,181 | -15.6% |
| Fixed assets | 21/28 | €84,686 | €59,906 | -€24,780 | -29.3% |
| Tangible fixed assets | 22/27 | €83,036 | €58,256 | -€24,780 | -29.8% |
| Plant, machinery and equipment | 23 | €5,338 | €3,305 | -€2,033 | -38.1% |
| Furniture and vehicles | 24 | €75,924 | €53,983 | -€21,940 | -28.9% |
| Leasing and similar rights | 25 | €1,774 | €968 | -€807 | -45.5% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €1,289,222 | €1,099,821 | -€189,401 | -14.7% |
| Stocks and contracts in progress | 3 | €850,324 | €679,294 | -€171,029 | -20.1% |
| Stocks | 30/36 | €850,324 | €679,294 | -€171,029 | -20.1% |
| Amounts receivable within one year | 40/41 | €436,106 | €417,682 | -€18,424 | -4.2% |
| Trade receivables | 40 | €432,741 | €415,832 | -€16,909 | -3.9% |
| Other amounts receivable | 41 | €3,365 | €1,850 | -€1,515 | -45.0% |
| Cash at bank and in hand | 54/58 | €2,792 | €2,845 | +€53 | +1.9% |
| Total equity and liabilities | 10/49 | €1,373,908 | €1,159,726 | -€214,181 | -15.6% |
| Equity | 10/15 | €745,278 | €544,973 | -€200,305 | -26.9% |
| Contributions | 10/11 | €184,600 | €184,600 | = | 0.0% |
| Reserves | 13 | €560,678 | €560,678 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,116 | €7,116 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,116 | €7,116 | = | 0.0% |
| Distributable reserves | 133 | €553,562 | €553,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€200,305 | -€200,305 | |
| Amounts payable | 17/49 | €628,630 | €614,753 | -€13,877 | -2.2% |
| Amounts payable within one year | 42/48 | €628,630 | €614,753 | -€13,877 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 43 | €93,665 | €57,686 | -€35,980 | -38.4% |
| Credit institutions | 430/8 | €93,665 | €57,686 | -€35,980 | -38.4% |
| Trade debts | 44 | €180,621 | €203,001 | +€22,380 | +12.4% |
| Suppliers | 440/4 | €180,621 | €203,001 | +€22,380 | +12.4% |
| Taxes, remuneration and social security | 45 | - | €2,714 | +€2,714 | |
| Taxes | 450/3 | - | €2,714 | +€2,714 | |
| Other amounts payable | 47/48 | €349,344 | €346,353 | -€2,991 | -0.9% |
| Remuneration, social security and pensions | 62 | €897 | €897 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,301 | €24,780 | -€1,521 | -5.8% |
| Other operating charges | 640/8 | €1,497 | €2,368 | +€872 | +58.2% |
| Gross operating margin | 9900 | €42,863 | -€142,281 | -€185,144 | |
| Operating profit (loss) | 9901 | €14,168 | -€170,327 | -€184,495 | |
| Financial income | 75/76B | €59,473 | €42,727 | -€16,746 | -28.2% |
| Recurring financial income | 75 | €59,473 | €42,727 | -€16,746 | -28.2% |
| Financial charges | 65/66B | €67,303 | €75,095 | +€7,792 | +11.6% |
| Recurring financial charges | 65 | €67,303 | €75,095 | +€7,792 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €6,339 | -€202,695 | -€209,033 | |
| Income taxes | 67/77 | €5,099 | -€2,390 | -€7,489 | |
| Profit (loss) for the period | 9904 | €1,240 | -€200,305 | -€201,544 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,240 | -€200,305 | -€201,544 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.