BEDKING ERGOPOLIS: 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.
BEDKING ERGOPOLIS
Largest movements
- Stocks and contracts +€34,167
up €34,167 (+3.3%), from €1.0m to €1.1m
- Receivables within one year -€24,887
down €24,887 (-9.3%), from €268,927 to €244,040
of which Trade receivables: -€24,887
- Tangible fixed assets -€17,189
down €17,189 (-8.0%), from €213,849 to €196,660
of which Furniture and vehicles: -€9,537
- Trade debts +€64,424
up €64,424 (+41.9%), from €153,813 to €218,237
- Short-term financial debts -€45,000
down €45,000 (-9.6%), from €470,000 to €425,000
- Debts after one year -€32,322
down €32,322 (-41.9%), from €77,086 to €44,764
- Gross operating margin +€42,530
up €42,530 (+12.6%), from €338,814 to €381,343
- Financial charges -€5,349
down €5,349 (-19.2%), from €27,807 to €22,459
- Staff costs +€4,715
up €4,715 (+1.5%), from €325,117 to €329,832
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 | €1,637,443 | €1,641,895 | +€4,452 | +0.3% |
| Fixed assets | 21/28 | €223,762 | €206,573 | -€17,189 | -7.7% |
| Tangible fixed assets | 22/27 | €213,849 | €196,660 | -€17,189 | -8.0% |
| Land and buildings | 22 | €151,183 | €151,183 | = | 0.0% |
| Plant, machinery and equipment | 23 | €45,890 | €38,238 | -€7,652 | -16.7% |
| Furniture and vehicles | 24 | €16,776 | €7,239 | -€9,537 | -56.8% |
| Financial fixed assets | 28 | €9,913 | €9,913 | = | 0.0% |
| Current assets | 29/58 | €1,413,681 | €1,435,323 | +€21,641 | +1.5% |
| Stocks and contracts in progress | 3 | €1,025,081 | €1,059,248 | +€34,167 | +3.3% |
| Stocks | 30/36 | €1,025,081 | €1,059,248 | +€34,167 | +3.3% |
| Amounts receivable within one year | 40/41 | €268,927 | €244,040 | -€24,887 | -9.3% |
| Trade receivables | 40 | €64,029 | €39,142 | -€24,887 | -38.9% |
| Other amounts receivable | 41 | €204,898 | €204,898 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €99,860 | €101,833 | +€1,973 | +2.0% |
| Deferred charges and accrued income | 490/1 | €19,813 | €30,201 | +€10,388 | +52.4% |
| Total equity and liabilities | 10/49 | €1,637,443 | €1,641,895 | +€4,452 | +0.3% |
| Equity | 10/15 | €760,030 | €770,550 | +€10,519 | +1.4% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €722,846 | €733,366 | +€10,519 | +1.5% |
| Distributable reserves | 133 | €722,846 | €733,366 | +€10,519 | +1.5% |
| Amounts payable | 17/49 | €877,413 | €871,346 | -€6,067 | -0.7% |
| Amounts payable after more than one year | 17 | €77,086 | €44,764 | -€32,322 | -41.9% |
| Financial debts | 170/4 | €77,086 | €44,764 | -€32,322 | -41.9% |
| Amounts payable within one year | 42/48 | €800,327 | €826,582 | +€26,255 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €37,092 | €32,322 | -€4,769 | -12.9% |
| Financial debts | 43 | €470,000 | €425,000 | -€45,000 | -9.6% |
| Credit institutions | 430/8 | €470,000 | €425,000 | -€45,000 | -9.6% |
| Trade debts | 44 | €153,813 | €218,237 | +€64,424 | +41.9% |
| Suppliers | 440/4 | €153,813 | €218,237 | +€64,424 | +41.9% |
| Advances received on contracts in progress | 46 | €81,542 | €85,501 | +€3,958 | +4.9% |
| Taxes, remuneration and social security | 45 | €57,610 | €65,430 | +€7,820 | +13.6% |
| Taxes | 450/3 | €26,245 | €29,300 | +€3,056 | +11.6% |
| Remuneration and social security | 454/9 | €31,365 | €36,129 | +€4,764 | +15.2% |
| Other amounts payable | 47/48 | €270 | €92 | -€178 | -65.9% |
| Remuneration, social security and pensions | 62 | €325,117 | €329,832 | +€4,715 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,620 | €17,189 | -€1,431 | -7.7% |
| Other operating charges | 640/8 | €24,565 | €27,094 | +€2,529 | +10.3% |
| Gross operating margin | 9900 | €338,814 | €381,343 | +€42,530 | +12.6% |
| Operating profit (loss) | 9901 | -€29,489 | €7,228 | +€36,717 | |
| Financial income | 75/76B | €22,280 | €25,954 | +€3,675 | +16.5% |
| Recurring financial income | 75 | €22,280 | €25,954 | +€3,675 | +16.5% |
| Financial charges | 65/66B | €27,807 | €22,459 | -€5,349 | -19.2% |
| Recurring financial charges | 65 | €27,807 | €22,459 | -€5,349 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,016 | €10,724 | +€45,741 | |
| Income taxes | 67/77 | €210 | €205 | -€5 | -2.6% |
| Profit (loss) for the period | 9904 | -€35,227 | €10,519 | +€45,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,227 | €10,519 | +€45,746 |
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 16 October 2026 via checked.be.