BeDiVe: 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.
BeDiVe
Largest movements
- Receivables after one year -€360,000
down €360,000 (-85.7%), from €420,000 to €60,000
of which Other amounts receivable: -€360,000
- Receivables within one year +€150,546
up €150,546 (+539%), from €27,951 to €178,497
of which Other amounts receivable: +€149,846
- Stocks and contracts -€109,581
down €109,581 (-100%), from €109,581 to €0
- Cash +€103,895
up €103,895 (+42.3%), from €245,772 to €349,667
mainly Receivables after one year (+€360,000) and Stocks and contracts (+€109,581)
- Current investments +€41,300
up €41,300 (+55.2%), from €74,803 to €116,103
- Profit (loss) carried forward -€67,218
down €67,218, from €0 to -€67,218
- Other debts -€30,000
down €30,000 (-13.2%), from €227,581 to €197,581
- Debts after one year -€21,086
down €21,086 (-17.7%), from €119,467 to €98,381
- Financial charges +€239,611
up €239,611 (+9,792%), from €2,447 to €242,058
of which Non-recurring financial charges: +€240,000
- Financial income +€46,786
up €46,786 (+62,406%), from €75 to €46,861
- Gross operating margin +€24,139
up €24,139 (+9.4%), from €257,568 to €281,707
- Taxes -€13,199
down €13,199 (-23.4%), from €56,463 to €43,264
- Depreciation +€5,797
up €5,797 (+28.2%), from €20,523 to €26,320
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 | €1,751,276 | €1,613,020 | -€138,257 | -7.9% |
| Fixed assets | 21/28 | €867,088 | €902,164 | +€35,076 | +4.0% |
| Tangible fixed assets | 22/27 | €237,196 | €272,271 | +€35,076 | +14.8% |
| Land and buildings | 22 | €227,939 | €214,658 | -€13,280 | -5.8% |
| Plant, machinery and equipment | 23 | €6,574 | €2,809 | -€3,765 | -57.3% |
| Furniture and vehicles | 24 | €2,683 | €54,804 | +€52,121 | +1,943% |
| Financial fixed assets | 28 | €629,893 | €629,893 | = | 0.0% |
| Current assets | 29/58 | €884,188 | €710,855 | -€173,333 | -19.6% |
| Amounts receivable after more than one year | 29 | €420,000 | €60,000 | -€360,000 | -85.7% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €420,000 | €60,000 | -€360,000 | -85.7% |
| Stocks and contracts in progress | 3 | €109,581 | €0 | -€109,581 | -100% |
| Stocks | 30/36 | €109,581 | €0 | -€109,581 | -100% |
| Amounts receivable within one year | 40/41 | €27,951 | €178,497 | +€150,546 | +539% |
| Trade receivables | 40 | €27,951 | €28,652 | +€701 | +2.5% |
| Other amounts receivable | 41 | €0 | €149,846 | +€149,846 | |
| Current investments | 50/53 | €74,803 | €116,103 | +€41,300 | +55.2% |
| Cash at bank and in hand | 54/58 | €245,772 | €349,667 | +€103,895 | +42.3% |
| Deferred charges and accrued income | 490/1 | €6,081 | €6,588 | +€507 | +8.3% |
| Total equity and liabilities | 10/49 | €1,751,276 | €1,613,020 | -€138,257 | -7.9% |
| Equity | 10/15 | €1,337,689 | €1,270,471 | -€67,218 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,319,089 | €1,319,089 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,317,229 | €1,317,229 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€67,218 | -€67,218 | |
| Amounts payable | 17/49 | €413,588 | €342,548 | -€71,039 | -17.2% |
| Amounts payable after more than one year | 17 | €119,467 | €98,381 | -€21,086 | -17.7% |
| Financial debts | 170/4 | €119,467 | €98,381 | -€21,086 | -17.7% |
| Amounts payable within one year | 42/48 | €294,120 | €244,168 | -€49,953 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €20,812 | €21,086 | +€274 | +1.3% |
| Trade debts | 44 | €10,149 | €5,960 | -€4,189 | -41.3% |
| Suppliers | 440/4 | €10,149 | €5,960 | -€4,189 | -41.3% |
| Taxes, remuneration and social security | 45 | €35,578 | €19,540 | -€16,038 | -45.1% |
| Taxes | 450/3 | €21,636 | €13,293 | -€8,343 | -38.6% |
| Remuneration and social security | 454/9 | €13,943 | €6,247 | -€7,696 | -55.2% |
| Other amounts payable | 47/48 | €227,581 | €197,581 | -€30,000 | -13.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €21,000 | +€21,000 | |
| Remuneration, social security and pensions | 62 | €54,249 | €57,486 | +€3,237 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,523 | €26,320 | +€5,797 | +28.2% |
| Other operating charges | 640/8 | €4,988 | €5,076 | +€88 | +1.8% |
| Non-recurring operating charges | 66A | - | €21,581 | +€21,581 | |
| Gross operating margin | 9900 | €257,568 | €281,707 | +€24,139 | +9.4% |
| Operating profit (loss) | 9901 | €177,810 | €171,244 | -€6,565 | -3.7% |
| Financial income | 75/76B | €75 | €46,861 | +€46,786 | +62,406% |
| Recurring financial income | 75 | €75 | €46,861 | +€46,786 | +62,406% |
| Financial charges | 65/66B | €2,447 | €242,058 | +€239,611 | +9,792% |
| Recurring financial charges | 65 | €2,447 | €2,058 | -€389 | -15.9% |
| Non-recurring financial charges | 66B | - | €240,000 | +€240,000 | |
| Profit (loss) for the period before taxes | 9903 | €175,438 | -€23,953 | -€199,391 | |
| Income taxes | 67/77 | €56,463 | €43,264 | -€13,199 | -23.4% |
| Profit (loss) for the period | 9904 | €118,974 | -€67,218 | -€186,192 | |
| Profit (loss) for the period to be appropriated | 9905 | €118,974 | -€67,218 | -€186,192 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.