BEDLIS: 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.
BEDLIS
Largest movements
- Receivables within one year +€113,516
up €113,516 (+93.7%), from €121,137 to €234,653
of which Other amounts receivable: +€113,416
- Tangible fixed assets +€8,193
up €8,193 (+100.7%), from €8,135 to €16,328
of which Plant, machinery and equipment: +€7,505
- Profit (loss) carried forward +€83,008
up €83,008 (+239.1%), from €34,712 to €117,721
- Tax, wage and social debts +€34,944
up €34,944 (+135.2%), from €25,855 to €60,799
of which Remuneration and social security: +€26,383
- Accrued charges and deferred income +€9,000
new in 2025: €9,000
- Trade debts -€3,934
down €3,934 (-5.9%), from €67,220 to €63,285
- Gross operating margin +€99,654
up €99,654 (+69.9%), from €142,602 to €242,256
- Staff costs +€43,155
up €43,155 (+46.6%), from €92,555 to €135,710
- Taxes +€9,200
up €9,200 (+76.7%), from €12,000 to €21,200
- Financial income +€4,815
up €4,815 (+139.6%), from €3,449 to €8,264
- Depreciation +€4,088
up €4,088 (+143.3%), from €2,852 to €6,940
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 | €132,787 | €255,805 | +€123,018 | +92.6% |
| Fixed assets | 21/28 | €8,135 | €16,328 | +€8,193 | +100.7% |
| Tangible fixed assets | 22/27 | €8,135 | €16,328 | +€8,193 | +100.7% |
| Plant, machinery and equipment | 23 | €8,135 | €15,640 | +€7,505 | +92.3% |
| Furniture and vehicles | 24 | - | €688 | +€688 | |
| Current assets | 29/58 | €124,652 | €239,476 | +€114,824 | +92.1% |
| Amounts receivable within one year | 40/41 | €121,137 | €234,653 | +€113,516 | +93.7% |
| Trade receivables | 40 | - | €100 | +€100 | |
| Other amounts receivable | 41 | €121,137 | €234,553 | +€113,416 | +93.6% |
| Cash at bank and in hand | 54/58 | €3,515 | €4,748 | +€1,233 | +35.1% |
| Deferred charges and accrued income | 490/1 | - | €75 | +€75 | |
| Total equity and liabilities | 10/49 | €132,787 | €255,805 | +€123,018 | +92.6% |
| Equity | 10/15 | €39,712 | €122,721 | +€83,008 | +209.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,712 | €117,721 | +€83,008 | +239.1% |
| Amounts payable | 17/49 | €93,075 | €133,084 | +€40,009 | +43.0% |
| Amounts payable within one year | 42/48 | €93,075 | €124,084 | +€31,010 | +33.3% |
| Trade debts | 44 | €67,220 | €63,285 | -€3,934 | -5.9% |
| Suppliers | 440/4 | €67,220 | €63,285 | -€3,934 | -5.9% |
| Taxes, remuneration and social security | 45 | €25,855 | €60,799 | +€34,944 | +135.2% |
| Taxes | 450/3 | €19,602 | €28,163 | +€8,561 | +43.7% |
| Remuneration and social security | 454/9 | €6,253 | €32,636 | +€26,383 | +421.9% |
| Accrued charges and deferred income | 492/3 | - | €9,000 | +€9,000 | |
| Remuneration, social security and pensions | 62 | €92,555 | €135,710 | +€43,155 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,852 | €6,940 | +€4,088 | +143.3% |
| Other operating charges | 640/8 | €1,886 | €3,405 | +€1,519 | +80.6% |
| Gross operating margin | 9900 | €142,602 | €242,256 | +€99,654 | +69.9% |
| Operating profit (loss) | 9901 | €45,309 | €96,201 | +€50,892 | +112.3% |
| Financial income | 75/76B | €3,449 | €8,264 | +€4,815 | +139.6% |
| Recurring financial income | 75 | €3,449 | €8,264 | +€4,815 | +139.6% |
| Financial charges | 65/66B | €582 | €256 | -€325 | -55.9% |
| Recurring financial charges | 65 | €582 | €256 | -€325 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €48,176 | €104,208 | +€56,032 | +116.3% |
| Income taxes | 67/77 | €12,000 | €21,200 | +€9,200 | +76.7% |
| Profit (loss) for the period | 9904 | €36,176 | €83,008 | +€46,832 | +129.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,176 | €83,008 | +€46,832 | +129.5% |
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 4 October 2026 via checked.be.