FORT BEDMAR: 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.
FORT BEDMAR
Largest movements
- Tangible fixed assets -€352,597
down €352,597 (-12.9%), from €2.7m to €2.4m
of which Plant, machinery and equipment: -€274,445
- Receivables within one year -€129,086
down €129,086 (-25.9%), from €498,254 to €369,168
of which Trade receivables: -€138,837
- Profit (loss) carried forward -€983,501
down €983,501 (-186.6%), from -€527,141 to -€1.5m
- Other debts +€421,767
up €421,767 (+13.4%), from €3.1m to €3.6m
- Reserves +€363,969
up €363,969 (+2796.7%), from €13,014 to €376,984
of which Distributable reserves: +€363,969
- Advances received -€257,702
down €257,702 (-100.0%), from €257,702 to €0
- Tax, wage and social debts -€72,318
down €72,318 (-60.5%), from €119,543 to €47,225
of which Remuneration and social security: -€57,892
- Gross operating margin +€301,979
up €301,979, from -€155,630 to €146,349
- Depreciation +€47,938
up €47,938 (+14.2%), from €337,805 to €385,743
- Taxes -€26,573
down €26,573 (-100.0%), from €26,573 to €0
- Financial charges +€10,351
up €10,351 (+17.7%), from €58,614 to €68,965
of which Financial charges: +€13,290
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 | €3,270,535 | €2,757,434 | -€513,101 | -15.7% |
| Fixed assets | 21/28 | €2,735,058 | €2,382,878 | -€352,180 | -12.9% |
| Intangible fixed assets | 21 | €773 | €240 | -€533 | -69.0% |
| Tangible fixed assets | 22/27 | €2,732,485 | €2,379,888 | -€352,597 | -12.9% |
| Land and buildings | 22 | €1,393,211 | €1,311,042 | -€82,168 | -5.9% |
| Plant, machinery and equipment | 23 | €1,332,268 | €1,057,823 | -€274,445 | -20.6% |
| Furniture and vehicles | 24 | €7,006 | €11,023 | +€4,016 | +57.3% |
| Financial fixed assets | 28 | €1,800 | €2,750 | +€950 | +52.8% |
| Current assets | 29/58 | €535,477 | €374,556 | -€160,921 | -30.1% |
| Amounts receivable within one year | 40/41 | €498,254 | €369,168 | -€129,086 | -25.9% |
| Trade receivables | 40 | €452,313 | €313,476 | -€138,837 | -30.7% |
| Other amounts receivable | 41 | €45,941 | €55,692 | +€9,751 | +21.2% |
| Current investments | 50/53 | €21 | €21 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,202 | €5,367 | -€31,835 | -85.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,270,535 | €2,757,434 | -€513,101 | -15.7% |
| Equity | 10/15 | -€383,983 | -€1,003,515 | -€619,532 | -161.3% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 0.0% |
| Capital | 10 | €130,144 | €130,144 | = | 0.0% |
| Issued capital | 100 | €130,144 | €130,144 | = | 0.0% |
| Reserves | 13 | €13,014 | €376,984 | +€363,969 | +2796.7% |
| Non-distributable reserves | 130/1 | €13,014 | €13,014 | = | 0.0% |
| Legal reserve | 130 | €13,014 | €13,014 | = | 0.0% |
| Distributable reserves | 133 | €0 | €363,969 | +€363,969 | |
| Profit (loss) carried forward | 14 | -€527,141 | -€1,510,643 | -€983,501 | -186.6% |
| Amounts payable | 17/49 | €3,654,518 | €3,760,949 | +€106,431 | +2.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,640,184 | €3,760,949 | +€120,765 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €714 | €0 | -€714 | -100.0% |
| Financial debts | 43 | €10,046 | €33,829 | +€23,782 | +236.7% |
| Credit institutions | 430/8 | €10,046 | €33,829 | +€23,782 | +236.7% |
| Trade debts | 44 | €112,113 | €118,063 | +€5,950 | +5.3% |
| Suppliers | 440/4 | €112,113 | €118,063 | +€5,950 | +5.3% |
| Advances received on contracts in progress | 46 | €257,702 | €0 | -€257,702 | -100.0% |
| Taxes, remuneration and social security | 45 | €119,543 | €47,225 | -€72,318 | -60.5% |
| Taxes | 450/3 | €17,073 | €2,648 | -€14,426 | -84.5% |
| Remuneration and social security | 454/9 | €102,470 | €44,577 | -€57,892 | -56.5% |
| Other amounts payable | 47/48 | €3,140,065 | €3,561,832 | +€421,767 | +13.4% |
| Accrued charges and deferred income | 492/3 | €14,334 | €0 | -€14,334 | -100.0% |
| Non-recurring operating income | 76A | €38 | €0 | -€38 | -100.0% |
| Remuneration, social security and pensions | 62 | €299,007 | €297,519 | -€1,488 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337,805 | €385,743 | +€47,938 | +14.2% |
| Other operating charges | 640/8 | €13,482 | €13,695 | +€213 | +1.6% |
| Gross operating margin | 9900 | -€155,630 | €146,349 | +€301,979 | |
| Operating profit (loss) | 9901 | -€805,924 | -€550,609 | +€255,315 | +31.7% |
| Financial income | 75/76B | €0 | €41 | +€41 | |
| Recurring financial income | 75 | €0 | €41 | +€41 | |
| Financial charges | 65/66B | €58,614 | €68,965 | +€10,351 | +17.7% |
| Recurring financial charges | 65 | €55,675 | €68,965 | +€13,290 | +23.9% |
| Non-recurring financial charges | 66B | €2,939 | €0 | -€2,939 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€864,538 | -€619,532 | +€245,006 | +28.3% |
| Income taxes | 67/77 | €26,573 | €0 | -€26,573 | -100.0% |
| Profit (loss) for the period | 9904 | -€891,110 | -€619,532 | +€271,578 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€891,110 | -€619,532 | +€271,578 | +30.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.