BIDESA: 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.
BIDESA
Largest movements
- Receivables within one year -€175,768
no longer reported in 2025 (was €175,768)
of which Trade receivables: -€174,139
- Cash -€13,183
down €13,183 (-61.0%), from €21,602 to €8,419
mainly Trade debts (-€172,666) and Investment in fixed assets (net) (-€15,582)
- Financial fixed assets +€8,200
new in 2025: €8,200
- Tangible fixed assets +€4,656
up €4,656 (+193%), from €2,417 to €7,073
of which Furniture and vehicles: +€6,866
- Trade debts -€172,666
down €172,666 (-99.3%), from €173,890 to €1,224
- Current portion of long-term debt -€6,287
no longer reported in 2025 (was €6,287)
- Purchases and services +€59,340
up €59,340 (+26.1%), from €227,134 to €286,475
- Taxes +€25,000
new in 2025: €25,000
- Gross operating margin +€13,896
up €13,896 (+83.2%), from €16,707 to €30,603
- Depreciation +€1,909
up €1,909 (+234%), from €817 to €2,726
- Financial charges +€696
up €696 (+107%), from €650 to €1,346
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 | €201,786 | €23,692 | -€178,094 | -88.3% |
| Fixed assets | 21/28 | €2,417 | €15,273 | +€12,856 | +532% |
| Tangible fixed assets | 22/27 | €2,417 | €7,073 | +€4,656 | +193% |
| Plant, machinery and equipment | 23 | €610 | - | -€610 | |
| Furniture and vehicles | 24 | €207 | €7,073 | +€6,866 | +3,323% |
| Assets under construction and advance payments | 27 | €1,600 | - | -€1,600 | |
| Financial fixed assets | 28 | - | €8,200 | +€8,200 | |
| Current assets | 29/58 | €199,369 | €8,419 | -€190,950 | -95.8% |
| Stocks and contracts in progress | 3 | €2,000 | - | -€2,000 | |
| Stocks | 30/36 | €2,000 | - | -€2,000 | |
| Amounts receivable within one year | 40/41 | €175,768 | - | -€175,768 | |
| Trade receivables | 40 | €174,139 | - | -€174,139 | |
| Other amounts receivable | 41 | €1,628 | - | -€1,628 | |
| Cash at bank and in hand | 54/58 | €21,602 | €8,419 | -€13,183 | -61.0% |
| Total equity and liabilities | 10/49 | €201,786 | €23,692 | -€178,094 | -88.3% |
| Equity | 10/15 | €16,526 | €18,057 | +€1,531 | +9.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,026 | €16,557 | +€1,531 | +10.2% |
| Amounts payable | 17/49 | €185,260 | €5,635 | -€179,625 | -97.0% |
| Amounts payable within one year | 42/48 | €185,260 | €5,635 | -€179,625 | -97.0% |
| Current portion of amounts payable after more than one year | 42 | €6,287 | - | -€6,287 | |
| Trade debts | 44 | €173,890 | €1,224 | -€172,666 | -99.3% |
| Suppliers | 440/4 | €173,890 | €1,224 | -€172,666 | -99.3% |
| Taxes, remuneration and social security | 45 | €5,082 | €4,411 | -€671 | -13.2% |
| Taxes | 450/3 | €5,082 | €4,411 | -€671 | -13.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €227,134 | €286,475 | +€59,340 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €2,726 | +€1,909 | +234% |
| Other operating charges | 640/8 | €214 | - | -€214 | |
| Gross operating margin | 9900 | €16,707 | €30,603 | +€13,896 | +83.2% |
| Operating profit (loss) | 9901 | €15,676 | €27,877 | +€12,201 | +77.8% |
| Financial charges | 65/66B | €650 | €1,346 | +€696 | +107% |
| Recurring financial charges | 65 | €650 | €1,346 | +€696 | +107% |
| Profit (loss) for the period before taxes | 9903 | €15,026 | €26,531 | +€11,504 | +76.6% |
| Income taxes | 67/77 | - | €25,000 | +€25,000 | |
| Profit (loss) for the period | 9904 | €15,026 | €1,531 | -€13,496 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,026 | €1,531 | -€13,496 | -89.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.