BEDRUS ELECTRICITE: 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 ELECTRICITE
Largest movements
- Current investments -€157,268
no longer reported in 2025 (was €157,268)
- Cash +€147,681
new in 2025: €147,681
mainly Current investments (+€157,268) and Receivables within one year (+€33,552)
- Stocks and contracts +€37,109
up €37,109 (+169%), from €21,909 to €59,017
of which Contracts in progress: +€33,550
- Receivables within one year -€33,552
down €33,552 (-47.1%), from €71,175 to €37,623
of which Trade receivables: -€34,841
- Tangible fixed assets -€12,236
down €12,236 (-26.2%), from €46,646 to €34,410
of which Furniture and vehicles: -€10,258
- Trade debts -€11,679
no longer reported in 2025 (was €11,679)
- Debts after one year -€10,464
down €10,464 (-32.1%), from €32,583 to €22,120
- Taxes +€7,663
up €7,663 (+335%), from €2,286 to €9,949
- Gross operating margin +€6,078
up €6,078 (+31.4%), from €19,331 to €25,409
- Financial income -€3,796
down €3,796 (-100.0%), from €3,796 to €0
- Depreciation +€2,614
up €2,614 (+27.2%), from €9,622 to €12,236
- Financial charges -€405
down €405 (-19.8%), from €2,048 to €1,643
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 | €299,117 | €278,851 | -€20,266 | -6.8% |
| Fixed assets | 21/28 | €46,766 | €34,530 | -€12,236 | -26.2% |
| Tangible fixed assets | 22/27 | €46,646 | €34,410 | -€12,236 | -26.2% |
| Plant, machinery and equipment | 23 | €3,905 | €1,927 | -€1,978 | -50.7% |
| Furniture and vehicles | 24 | €42,741 | €32,483 | -€10,258 | -24.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €252,352 | €244,322 | -€8,030 | -3.2% |
| Stocks and contracts in progress | 3 | €21,909 | €59,017 | +€37,109 | +169% |
| Stocks | 30/36 | €459 | €4,017 | +€3,559 | +776% |
| Contracts in progress | 37 | €21,450 | €55,000 | +€33,550 | +156% |
| Amounts receivable within one year | 40/41 | €71,175 | €37,623 | -€33,552 | -47.1% |
| Trade receivables | 40 | €71,175 | €36,334 | -€34,841 | -49.0% |
| Other amounts receivable | 41 | - | €1,290 | +€1,290 | |
| Current investments | 50/53 | €157,268 | - | -€157,268 | |
| Cash at bank and in hand | 54/58 | - | €147,681 | +€147,681 | |
| Deferred charges and accrued income | 490/1 | €2,000 | - | -€2,000 | |
| Total equity and liabilities | 10/49 | €299,117 | €278,851 | -€20,266 | -6.8% |
| Equity | 10/15 | €231,566 | €232,302 | +€736 | +0.3% |
| Contributions | 10/11 | €12,803 | €12,803 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,864 | €217,599 | +€736 | +0.3% |
| Amounts payable | 17/49 | €67,551 | €46,549 | -€21,002 | -31.1% |
| Amounts payable after more than one year | 17 | €32,583 | €22,120 | -€10,464 | -32.1% |
| Financial debts | 170/4 | €32,583 | €22,120 | -€10,464 | -32.1% |
| Amounts payable within one year | 42/48 | €34,968 | €24,430 | -€10,538 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €10,085 | €10,464 | +€379 | +3.8% |
| Trade debts | 44 | €11,679 | - | -€11,679 | |
| Suppliers | 440/4 | €11,679 | - | -€11,679 | |
| Taxes, remuneration and social security | 45 | €5,492 | €6,433 | +€941 | +17.1% |
| Taxes | 450/3 | €5,492 | €2,433 | -€3,059 | -55.7% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €7,712 | €7,533 | -€179 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,622 | €12,236 | +€2,614 | +27.2% |
| Other operating charges | 640/8 | €298 | €298 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €548 | +€548 | |
| Gross operating margin | 9900 | €19,331 | €25,409 | +€6,078 | +31.4% |
| Operating profit (loss) | 9901 | €9,411 | €12,328 | +€2,917 | +31.0% |
| Financial income | 75/76B | €3,796 | €0 | -€3,796 | -100.0% |
| Recurring financial income | 75 | €3,796 | €0 | -€3,796 | -100.0% |
| Financial charges | 65/66B | €2,048 | €1,643 | -€405 | -19.8% |
| Recurring financial charges | 65 | €2,048 | €1,643 | -€405 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €11,159 | €10,685 | -€474 | -4.3% |
| Income taxes | 67/77 | €2,286 | €9,949 | +€7,663 | +335% |
| Profit (loss) for the period | 9904 | €8,873 | €736 | -€8,138 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,873 | €736 | -€8,138 | -91.7% |
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 31 October 2026 via checked.be.