BENDICO: 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.
BENDICO
Largest movements
- Cash +€4,854
up €4,854 (+21.5%), from €22,594 to €27,448
mainly Depreciation (+€7,307) and Receivables within one year (+€771)
- Tangible fixed assets -€3,339
down €3,339 (-6.8%), from €49,308 to €45,969
of which Land and buildings: -€2,845
- Intangible fixed assets -€2,718
down €2,718 (-100.0%), from €2,718 to €0
- Receivables within one year -€771
down €771 (-81.9%), from €941 to €170
of which Other amounts receivable: -€561
- Profit (loss) carried forward -€1,263
down €1,263 (-27.0%), from €4,680 to €3,417
- Trade debts -€1,123
down €1,123 (-85.9%), from €1,308 to €184
- Gross operating margin +€1,468
up €1,468 (+26.0%), from €5,645 to €7,113
- Other operating charges +€154
up €154 (+18.2%), from €845 to €999
- Taxes +€143
no longer reported in 2025 (was -€143)
- Depreciation +€100
up €100 (+1.4%), from €7,207 to €7,307
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 | €75,973 | €73,587 | -€2,386 | -3.1% |
| Formation expenses | 20 | €311 | €0 | -€311 | -100.0% |
| Fixed assets | 21/28 | €52,025 | €45,969 | -€6,056 | -11.6% |
| Intangible fixed assets | 21 | €2,718 | €0 | -€2,718 | -100.0% |
| Tangible fixed assets | 22/27 | €49,308 | €45,969 | -€3,339 | -6.8% |
| Land and buildings | 22 | €44,871 | €42,026 | -€2,845 | -6.3% |
| Plant, machinery and equipment | 23 | €3,485 | €3,193 | -€292 | -8.4% |
| Furniture and vehicles | 24 | €951 | €750 | -€201 | -21.1% |
| Current assets | 29/58 | €23,638 | €27,618 | +€3,981 | +16.8% |
| Amounts receivable within one year | 40/41 | €941 | €170 | -€771 | -81.9% |
| Trade receivables | 40 | €255 | €45 | -€210 | -82.4% |
| Other amounts receivable | 41 | €686 | €125 | -€561 | -81.7% |
| Cash at bank and in hand | 54/58 | €22,594 | €27,448 | +€4,854 | +21.5% |
| Deferred charges and accrued income | 490/1 | €102 | - | -€102 | |
| Total equity and liabilities | 10/49 | €75,973 | €73,587 | -€2,386 | -3.1% |
| Equity | 10/15 | €72,680 | €71,417 | -€1,263 | -1.7% |
| Contributions | 10/11 | €68,000 | €68,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,680 | €3,417 | -€1,263 | -27.0% |
| Amounts payable | 17/49 | €3,294 | €2,170 | -€1,123 | -34.1% |
| Amounts payable within one year | 42/48 | €3,294 | €2,170 | -€1,123 | -34.1% |
| Trade debts | 44 | €1,308 | €184 | -€1,123 | -85.9% |
| Suppliers | 440/4 | €1,308 | €184 | -€1,123 | -85.9% |
| Other amounts payable | 47/48 | €1,986 | €1,986 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,207 | €7,307 | +€100 | +1.4% |
| Other operating charges | 640/8 | €845 | €999 | +€154 | +18.2% |
| Gross operating margin | 9900 | €5,645 | €7,113 | +€1,468 | +26.0% |
| Operating profit (loss) | 9901 | -€2,407 | -€1,192 | +€1,215 | +50.5% |
| Financial charges | 65/66B | €74 | €70 | -€3 | -4.2% |
| Recurring financial charges | 65 | €74 | €70 | -€3 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,481 | -€1,263 | +€1,218 | +49.1% |
| Income taxes | 67/77 | -€143 | - | +€143 | |
| Profit (loss) for the period | 9904 | -€2,338 | -€1,263 | +€1,075 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,338 | -€1,263 | +€1,075 | +46.0% |
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 10 October 2026 via checked.be.