BEDU: 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.
BEDU
Largest movements
- Cash -€3,801
down €3,801 (-47.2%), from €8,056 to €4,256
mainly Trade debts (-€21,489) and Stocks and contracts (-€676)
- Trade debts -€21,489
down €21,489 (-88.2%), from €24,376 to €2,887
- Other debts +€8,494
up €8,494 (+23.6%), from €35,991 to €44,485
- Profit (loss) carried forward +€5,495
up €5,495 (+11.4%), from €48,224 to €53,719
- Contributions +€4,400
up €4,400 (+31.0%), from €14,200 to €18,600
- Purchases and services -€45,207
down €45,207 (-12.8%), from €354,350 to €309,143
- Turnover -€26,731
down €26,731 (-7.1%), from €376,737 to €350,006
- Gross operating margin +€18,476
up €18,476 (+82.5%), from €22,387 to €40,863
- Other operating charges +€4,891
up €4,891 (+1177.1%), from €415 to €5,306
- Staff costs -€4,451
down €4,451 (-13.6%), from €32,665 to €28,214
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 | €149,664 | €147,127 | -€2,537 | -1.7% |
| Fixed assets | 21/28 | €18,050 | €18,050 | = | 0.0% |
| Financial fixed assets | 28 | €18,050 | €18,050 | = | 0.0% |
| Current assets | 29/58 | €131,614 | €129,077 | -€2,537 | -1.9% |
| Stocks and contracts in progress | 3 | €120,380 | €121,055 | +€676 | +0.6% |
| Stocks | 30/36 | €120,380 | €121,055 | +€676 | +0.6% |
| Amounts receivable within one year | 40/41 | €2,023 | €2,612 | +€588 | +29.1% |
| Other amounts receivable | 41 | €2,023 | €2,612 | +€588 | +29.1% |
| Cash at bank and in hand | 54/58 | €8,056 | €4,256 | -€3,801 | -47.2% |
| Deferred charges and accrued income | 490/1 | €1,154 | €1,154 | = | 0.0% |
| Total equity and liabilities | 10/49 | €149,664 | €147,127 | -€2,537 | -1.7% |
| Equity | 10/15 | €64,284 | €74,179 | +€9,895 | +15.4% |
| Contributions | 10/11 | €14,200 | €18,600 | +€4,400 | +31.0% |
| Capital | 10 | €14,200 | €18,600 | +€4,400 | +31.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €4,400 | - | -€4,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,224 | €53,719 | +€5,495 | +11.4% |
| Amounts payable | 17/49 | €85,380 | €72,949 | -€12,431 | -14.6% |
| Amounts payable within one year | 42/48 | €85,380 | €72,949 | -€12,431 | -14.6% |
| Trade debts | 44 | €24,376 | €2,887 | -€21,489 | -88.2% |
| Suppliers | 440/4 | €24,376 | €2,887 | -€21,489 | -88.2% |
| Taxes, remuneration and social security | 45 | €25,013 | €25,576 | +€564 | +2.3% |
| Taxes | 450/3 | €17,154 | €17,686 | +€532 | +3.1% |
| Remuneration and social security | 454/9 | €7,859 | €7,891 | +€32 | +0.4% |
| Other amounts payable | 47/48 | €35,991 | €44,485 | +€8,494 | +23.6% |
| Turnover | 70 | €376,737 | €350,006 | -€26,731 | -7.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €354,350 | €309,143 | -€45,207 | -12.8% |
| Remuneration, social security and pensions | 62 | €32,665 | €28,214 | -€4,451 | -13.6% |
| Other operating charges | 640/8 | €415 | €5,306 | +€4,891 | +1177.1% |
| Gross operating margin | 9900 | €22,387 | €40,863 | +€18,476 | +82.5% |
| Operating profit (loss) | 9901 | -€10,693 | €7,343 | +€18,036 | |
| Financial charges | 65/66B | €68 | €45 | -€23 | -34.2% |
| Recurring financial charges | 65 | €68 | €45 | -€23 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,761 | €7,298 | +€18,060 | |
| Income taxes | 67/77 | €2,596 | - | -€2,596 | |
| Profit (loss) for the period | 9904 | -€13,357 | €7,298 | +€20,656 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,357 | €7,298 | +€20,656 |
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 29 September 2026 via checked.be.