BEDROSSIAN: 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.
BEDROSSIAN
Largest movements
- Tangible fixed assets -€28,226
down €28,226 (-62.4%), from €45,220 to €16,994
of which Furniture and vehicles: -€25,332
- Cash -€25,830
down €25,830 (-50.7%), from €50,940 to €25,110
mainly Receivables within one year (-€25,653) and Current portion of long-term debt (-€16,607)
- Receivables within one year +€25,653
up €25,653 (+323%), from €7,952 to €33,605
of which Trade receivables: +€23,696
- Current portion of long-term debt -€16,607
no longer reported in 2024 (was €16,607)
- Debts after one year -€15,949
no longer reported in 2024 (was €15,949)
- Reserves +€4,272
up €4,272 (+32.2%), from €13,254 to €17,526
of which Distributable reserves: +€4,272
- Tax, wage and social debts +€2,571
up €2,571 (+9.0%), from €28,633 to €31,204
of which Taxes: +€2,571
- Other debts -€1,716
down €1,716 (-8.4%), from €20,416 to €18,701
- Gross operating margin -€21,901
down €21,901 (-37.2%), from €58,811 to €36,910
- Taxes -€9,382
down €9,382 (-61.1%), from €15,355 to €5,973
- Depreciation -€7,799
down €7,799 (-29.6%), from €26,379 to €18,580
- Financial charges +€2,531
up €2,531 (+134%), from €1,883 to €4,414
- Other operating charges +€1,282
up €1,282 (+61.4%), from €2,089 to €3,371
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,373 | €77,182 | -€28,191 | -26.8% |
| Fixed assets | 21/28 | €46,481 | €18,255 | -€28,226 | -60.7% |
| Tangible fixed assets | 22/27 | €45,220 | €16,994 | -€28,226 | -62.4% |
| Land and buildings | 22 | €6,039 | - | -€6,039 | |
| Plant, machinery and equipment | 23 | €6,366 | €4,331 | -€2,035 | -32.0% |
| Furniture and vehicles | 24 | €32,815 | €7,483 | -€25,332 | -77.2% |
| Other tangible fixed assets | 26 | - | €5,181 | +€5,181 | |
| Financial fixed assets | 28 | €1,261 | €1,261 | = | 0.0% |
| Current assets | 29/58 | €58,892 | €58,928 | +€36 | +0.1% |
| Amounts receivable within one year | 40/41 | €7,952 | €33,605 | +€25,653 | +323% |
| Trade receivables | 40 | €7,952 | €31,648 | +€23,696 | +298% |
| Other amounts receivable | 41 | - | €1,956 | +€1,956 | |
| Cash at bank and in hand | 54/58 | €50,940 | €25,110 | -€25,830 | -50.7% |
| Deferred charges and accrued income | 490/1 | - | €213 | +€213 | |
| Total equity and liabilities | 10/49 | €105,373 | €77,182 | -€28,191 | -26.8% |
| Equity | 10/15 | €19,454 | €23,726 | +€4,272 | +22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,254 | €17,526 | +€4,272 | +32.2% |
| 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 | €11,394 | €15,666 | +€4,272 | +37.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €85,919 | €53,457 | -€32,463 | -37.8% |
| Amounts payable after more than one year | 17 | €15,949 | - | -€15,949 | |
| Financial debts | 170/4 | €15,949 | - | -€15,949 | |
| Amounts payable within one year | 42/48 | €69,970 | €53,457 | -€16,513 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €16,607 | - | -€16,607 | |
| Trade debts | 44 | €4,313 | €3,552 | -€762 | -17.7% |
| Suppliers | 440/4 | €4,313 | €3,552 | -€762 | -17.7% |
| Taxes, remuneration and social security | 45 | €28,633 | €31,204 | +€2,571 | +9.0% |
| Taxes | 450/3 | €28,633 | €31,204 | +€2,571 | +9.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,416 | €18,701 | -€1,716 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,379 | €18,580 | -€7,799 | -29.6% |
| Other operating charges | 640/8 | €2,089 | €3,371 | +€1,282 | +61.4% |
| Non-recurring operating charges | 66A | - | €324 | +€324 | |
| Gross operating margin | 9900 | €58,811 | €36,910 | -€21,901 | -37.2% |
| Operating profit (loss) | 9901 | €30,343 | €14,635 | -€15,708 | -51.8% |
| Financial income | 75/76B | €34 | €24 | -€10 | -28.6% |
| Recurring financial income | 75 | €34 | €24 | -€10 | -28.6% |
| Financial charges | 65/66B | €1,883 | €4,414 | +€2,531 | +134% |
| Recurring financial charges | 65 | €1,883 | €4,414 | +€2,531 | +134% |
| Profit (loss) for the period before taxes | 9903 | €28,494 | €10,245 | -€18,248 | -64.0% |
| Income taxes | 67/77 | €15,355 | €5,973 | -€9,382 | -61.1% |
| Profit (loss) for the period | 9904 | €13,138 | €4,272 | -€8,866 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,138 | €4,272 | -€8,866 | -67.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.