International Bedding: 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.
International Bedding
Largest movements
- Receivables within one year +€138,393
up €138,393 (+114%), from €121,335 to €259,729
of which Trade receivables: +€145,887
- Cash +€61,463
up €61,463 (+25.5%), from €241,383 to €302,845
mainly Debts after one year (+€80,001) and Depreciation (+€59,968)
- Tangible fixed assets -€31,088
down €31,088 (-7.8%), from €399,112 to €368,024
of which Land and buildings: -€32,177
- Stocks and contracts +€23,567
up €23,567 (+6.1%), from €384,577 to €408,144
- Intangible fixed assets -€15,672
down €15,672 (-21.4%), from €73,150 to €57,479
- Debts after one year +€80,001
up €80,001 (+87.3%), from €91,667 to €171,668
- Advances received +€44,476
new in 2025: €44,476
- Current portion of long-term debt +€28,358
up €28,358 (+138%), from €20,536 to €48,894
- Reserves +€26,902
up €26,902 (+2.4%), from €1.1m to €1.1m
of which Distributable reserves: +€33,553
- Tax, wage and social debts +€24,788
up €24,788 (+50.2%), from €49,355 to €74,143
of which Taxes: +€21,312
- Gross operating margin +€302,945
up €302,945 (+82.3%), from €368,063 to €671,008
- Depreciation +€13,756
up €13,756 (+29.8%), from €46,211 to €59,968
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 | €1,365,974 | €1,552,135 | +€186,161 | +13.6% |
| Fixed assets | 21/28 | €599,726 | €552,965 | -€46,760 | -7.8% |
| Intangible fixed assets | 21 | €73,150 | €57,479 | -€15,672 | -21.4% |
| Tangible fixed assets | 22/27 | €399,112 | €368,024 | -€31,088 | -7.8% |
| Land and buildings | 22 | €368,053 | €335,876 | -€32,177 | -8.7% |
| Plant, machinery and equipment | 23 | €30,820 | €24,967 | -€5,853 | -19.0% |
| Furniture and vehicles | 24 | €239 | €7,181 | +€6,942 | +2,905% |
| Financial fixed assets | 28 | €127,463 | €127,463 | = | 0.0% |
| Current assets | 29/58 | €766,248 | €999,170 | +€232,921 | +30.4% |
| Stocks and contracts in progress | 3 | €384,577 | €408,144 | +€23,567 | +6.1% |
| Stocks | 30/36 | €384,577 | €408,144 | +€23,567 | +6.1% |
| Amounts receivable within one year | 40/41 | €121,335 | €259,729 | +€138,393 | +114% |
| Trade receivables | 40 | €92,705 | €238,592 | +€145,887 | +157% |
| Other amounts receivable | 41 | €28,630 | €21,137 | -€7,493 | -26.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €241,383 | €302,845 | +€61,463 | +25.5% |
| Deferred charges and accrued income | 490/1 | €18,953 | €28,452 | +€9,499 | +50.1% |
| Total equity and liabilities | 10/49 | €1,365,974 | €1,552,135 | +€186,161 | +13.6% |
| Equity | 10/15 | €1,121,895 | €1,148,797 | +€26,902 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,103,295 | €1,130,197 | +€26,902 | +2.4% |
| Tax-exempt reserves | 132 | €78,987 | €72,337 | -€6,650 | -8.4% |
| Distributable reserves | 133 | €1,024,307 | €1,057,860 | +€33,553 | +3.3% |
| Provisions and deferred taxes | 16 | €19,069 | €15,643 | -€3,426 | -18.0% |
| Deferred taxes | 168 | €19,069 | €15,643 | -€3,426 | -18.0% |
| Amounts payable | 17/49 | €225,011 | €387,695 | +€162,685 | +72.3% |
| Amounts payable after more than one year | 17 | €91,667 | €171,668 | +€80,001 | +87.3% |
| Financial debts | 170/4 | €91,667 | €171,668 | +€80,001 | +87.3% |
| Amounts payable within one year | 42/48 | €132,969 | €215,653 | +€82,684 | +62.2% |
| Current portion of amounts payable after more than one year | 42 | €20,536 | €48,894 | +€28,358 | +138% |
| Trade debts | 44 | €62,016 | €47,077 | -€14,939 | -24.1% |
| Suppliers | 440/4 | €62,016 | €47,077 | -€14,939 | -24.1% |
| Advances received on contracts in progress | 46 | - | €44,476 | +€44,476 | |
| Taxes, remuneration and social security | 45 | €49,355 | €74,143 | +€24,788 | +50.2% |
| Taxes | 450/3 | €4,853 | €26,165 | +€21,312 | +439% |
| Remuneration and social security | 454/9 | €44,502 | €47,978 | +€3,476 | +7.8% |
| Other amounts payable | 47/48 | €1,062 | €1,062 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €375 | €375 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €564,987 | €563,433 | -€1,555 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,211 | €59,968 | +€13,756 | +29.8% |
| Other operating charges | 640/8 | €13,157 | €14,798 | +€1,641 | +12.5% |
| Gross operating margin | 9900 | €368,063 | €671,008 | +€302,945 | +82.3% |
| Operating profit (loss) | 9901 | -€256,293 | €32,810 | +€289,103 | |
| Financial income | 75/76B | €22,805 | €16,909 | -€5,896 | -25.9% |
| Recurring financial income | 75 | €22,805 | €16,909 | -€5,896 | -25.9% |
| Financial charges | 65/66B | €28,323 | €25,678 | -€2,645 | -9.3% |
| Recurring financial charges | 65 | €28,323 | €25,678 | -€2,645 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€261,812 | €24,041 | +€285,853 | |
| Transfer from deferred taxes | 780 | €3,426 | €3,426 | = | 0.0% |
| Income taxes | 67/77 | €486 | €564 | +€79 | +16.2% |
| Profit (loss) for the period | 9904 | -€258,872 | €26,902 | +€285,774 | |
| Transfer from tax-exempt reserves | 789 | €6,650 | €6,650 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€252,221 | €33,553 | +€285,774 |
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 16 October 2026 via checked.be.