Bedrus Construct: 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.
Bedrus Construct
Largest movements
- Receivables within one year +€129,249
up €129,249 (+19.6%), from €659,440 to €788,689
of which Other amounts receivable: +€72,390
- Cash -€74,906
down €74,906 (-31.3%), from €239,439 to €164,532
mainly Receivables within one year (-€129,249) and Investment in fixed assets (net) (-€47,900)
- Tangible fixed assets +€30,106
up €30,106 (+95.3%), from €31,582 to €61,688
of which Furniture and vehicles: +€27,199
- Profit (loss) carried forward +€72,787
up €72,787 (+12.6%), from €576,585 to €649,372
- Advances received +€37,643
up €37,643 (+25.4%), from €148,070 to €185,713
- Other debts -€24,809
down €24,809 (-78.8%), from €31,498 to €6,689
- Debts after one year -€19,805
down €19,805 (-37.8%), from €52,389 to €32,583
- Financial income +€28,311
up €28,311 (+166.9%), from €16,959 to €45,270
- Taxes +€21,735
up €21,735 (+213.0%), from €10,205 to €31,940
- Gross operating margin +€19,484
up €19,484 (+15.2%), from €127,810 to €147,294
- Financial charges +€11,367
up €11,367 (+2599.7%), from €437 to €11,804
- Depreciation +€8,900
up €8,900 (+100.1%), from €8,895 to €17,794
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.
Cash bridge derived
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 | €949,482 | €1,030,332 | +€80,850 | +8.5% |
| Fixed assets | 21/28 | €31,702 | €61,808 | +€30,106 | +95.0% |
| Tangible fixed assets | 22/27 | €31,582 | €61,688 | +€30,106 | +95.3% |
| Plant, machinery and equipment | 23 | €4,387 | €7,295 | +€2,907 | +66.3% |
| Furniture and vehicles | 24 | €27,195 | €54,394 | +€27,199 | +100.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €917,780 | €968,523 | +€50,744 | +5.5% |
| Stocks and contracts in progress | 3 | €18,900 | €15,302 | -€3,599 | -19.0% |
| Stocks | 30/36 | €18,900 | €15,302 | -€3,599 | -19.0% |
| Amounts receivable within one year | 40/41 | €659,440 | €788,689 | +€129,249 | +19.6% |
| Trade receivables | 40 | €30,107 | €86,966 | +€56,859 | +188.9% |
| Other amounts receivable | 41 | €629,333 | €701,723 | +€72,390 | +11.5% |
| Cash at bank and in hand | 54/58 | €239,439 | €164,532 | -€74,906 | -31.3% |
| Total equity and liabilities | 10/49 | €949,482 | €1,030,332 | +€80,850 | +8.5% |
| Equity | 10/15 | €584,695 | €657,482 | +€72,787 | +12.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €576,585 | €649,372 | +€72,787 | +12.6% |
| Amounts payable | 17/49 | €364,787 | €372,850 | +€8,063 | +2.2% |
| Amounts payable after more than one year | 17 | €52,389 | €32,583 | -€19,805 | -37.8% |
| Financial debts | 170/4 | €52,389 | €32,583 | -€19,805 | -37.8% |
| Amounts payable within one year | 42/48 | €312,398 | €340,267 | +€27,868 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | - | €10,085 | +€10,085 | |
| Trade debts | 44 | €108,640 | €107,441 | -€1,199 | -1.1% |
| Suppliers | 440/4 | €108,640 | €107,441 | -€1,199 | -1.1% |
| Advances received on contracts in progress | 46 | €148,070 | €185,713 | +€37,643 | +25.4% |
| Taxes, remuneration and social security | 45 | €24,190 | €30,338 | +€6,148 | +25.4% |
| Taxes | 450/3 | €19,009 | €24,057 | +€5,048 | +26.6% |
| Remuneration and social security | 454/9 | €5,181 | €6,282 | +€1,100 | +21.2% |
| Other amounts payable | 47/48 | €31,498 | €6,689 | -€24,809 | -78.8% |
| Remuneration, social security and pensions | 62 | €50,219 | €55,737 | +€5,518 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,895 | €17,794 | +€8,900 | +100.1% |
| Other operating charges | 640/8 | €531 | €2,385 | +€1,854 | +349.0% |
| Non-recurring operating charges | 66A | €58 | €117 | +€59 | +101.7% |
| Gross operating margin | 9900 | €127,810 | €147,294 | +€19,484 | +15.2% |
| Operating profit (loss) | 9901 | €68,107 | €71,260 | +€3,153 | +4.6% |
| Financial income | 75/76B | €16,959 | €45,270 | +€28,311 | +166.9% |
| Recurring financial income | 75 | €16,959 | €45,270 | +€28,311 | +166.9% |
| Financial charges | 65/66B | €437 | €11,804 | +€11,367 | +2599.7% |
| Recurring financial charges | 65 | €437 | €11,804 | +€11,367 | +2599.7% |
| Profit (loss) for the period before taxes | 9903 | €84,629 | €104,726 | +€20,097 | +23.7% |
| Income taxes | 67/77 | €10,205 | €31,940 | +€21,735 | +213.0% |
| Profit (loss) for the period | 9904 | €74,424 | €72,787 | -€1,637 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,424 | €72,787 | -€1,637 | -2.2% |
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 11 October 2026 via checked.be.