PETIT BEDON: 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.
PETIT BEDON
Largest movements
- Tangible fixed assets +€411,017
up €411,017 (+85.9%), from €478,690 to €889,707
of which Land and buildings: +€409,768
- Receivables within one year -€130,156
down €130,156 (-67.8%), from €191,993 to €61,836
- Cash -€47,808
down €47,808 (-6.9%), from €692,478 to €644,669
mainly Investment in fixed assets (net) (-€477,701) and Debts after one year (-€18,535)
- Deferred charges and accrued income +€16,920
up €16,920 (+101.5%), from €16,672 to €33,592
- Reserves +€312,400
up €312,400 (+41.3%), from €756,449 to €1.1m
of which Tax-exempt reserves: +€168,400
- Debts after one year -€18,535
down €18,535 (-18.6%), from €99,430 to €80,895
of which Financial debts: -€18,635
- Taxes -€27,505
down €27,505 (-28.7%), from €95,700 to €68,196
- Gross operating margin +€26,262
up €26,262 (+3.8%), from €697,316 to €723,577
- Other operating charges +€7,781
up €7,781 (+77.8%), from €10,005 to €17,786
- Staff costs +€7,550
up €7,550 (+3.0%), from €253,950 to €261,500
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 | €1,401,308 | €1,656,595 | +€255,287 | +18.2% |
| Fixed assets | 21/28 | €483,106 | €894,123 | +€411,017 | +85.1% |
| Tangible fixed assets | 22/27 | €478,690 | €889,707 | +€411,017 | +85.9% |
| Land and buildings | 22 | €399,212 | €808,980 | +€409,768 | +102.6% |
| Plant, machinery and equipment | 23 | €56,332 | €60,718 | +€4,386 | +7.8% |
| Furniture and vehicles | 24 | €23,146 | €20,009 | -€3,137 | -13.6% |
| Financial fixed assets | 28 | €4,416 | €4,416 | = | 0.0% |
| Current assets | 29/58 | €918,202 | €762,472 | -€155,730 | -17.0% |
| Stocks and contracts in progress | 3 | €17,060 | €22,374 | +€5,315 | +31.2% |
| Stocks | 30/36 | €17,060 | €22,374 | +€5,315 | +31.2% |
| Amounts receivable within one year | 40/41 | €191,993 | €61,836 | -€130,156 | -67.8% |
| Other amounts receivable | 41 | €191,993 | €61,836 | -€130,156 | -67.8% |
| Cash at bank and in hand | 54/58 | €692,478 | €644,669 | -€47,808 | -6.9% |
| Deferred charges and accrued income | 490/1 | €16,672 | €33,592 | +€16,920 | +101.5% |
| Total equity and liabilities | 10/49 | €1,401,308 | €1,656,595 | +€255,287 | +18.2% |
| Equity | 10/15 | €1,180,547 | €1,493,863 | +€313,317 | +26.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €756,449 | €1,068,849 | +€312,400 | +41.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €260,090 | €428,490 | +€168,400 | +64.7% |
| Distributable reserves | 133 | €494,500 | €638,500 | +€144,000 | +29.1% |
| Profit (loss) carried forward | 14 | €405,505 | €406,422 | +€917 | +0.2% |
| Amounts payable | 17/49 | €220,761 | €162,732 | -€58,030 | -26.3% |
| Amounts payable after more than one year | 17 | €99,430 | €80,895 | -€18,535 | -18.6% |
| Financial debts | 170/4 | €99,430 | €80,795 | -€18,635 | -18.7% |
| Other amounts payable | 178/9 | - | €100 | +€100 | |
| Amounts payable within one year | 42/48 | €121,331 | €81,524 | -€39,807 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €30,959 | €18,649 | -€12,309 | -39.8% |
| Trade debts | 44 | €36,739 | €23,722 | -€13,017 | -35.4% |
| Suppliers | 440/4 | €36,739 | €23,722 | -€13,017 | -35.4% |
| Taxes, remuneration and social security | 45 | €50,472 | €35,992 | -€14,480 | -28.7% |
| Taxes | 450/3 | €39,450 | €25,530 | -€13,920 | -35.3% |
| Remuneration and social security | 454/9 | €11,022 | €10,462 | -€560 | -5.1% |
| Other amounts payable | 47/48 | €3,161 | €3,161 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €312 | +€312 | |
| Remuneration, social security and pensions | 62 | €253,950 | €261,500 | +€7,550 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,081 | €66,683 | -€3,397 | -4.8% |
| Other operating charges | 640/8 | €10,005 | €17,786 | +€7,781 | +77.8% |
| Gross operating margin | 9900 | €697,316 | €723,577 | +€26,262 | +3.8% |
| Operating profit (loss) | 9901 | €363,280 | €377,608 | +€14,328 | +3.9% |
| Financial income | 75/76B | €2,281 | €9,133 | +€6,852 | +300.4% |
| Recurring financial income | 75 | €2,281 | €9,133 | +€6,852 | +300.4% |
| Financial charges | 65/66B | €3,618 | €5,229 | +€1,610 | +44.5% |
| Recurring financial charges | 65 | €3,618 | €5,229 | +€1,610 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €361,943 | €381,513 | +€19,570 | +5.4% |
| Income taxes | 67/77 | €95,700 | €68,196 | -€27,505 | -28.7% |
| Profit (loss) for the period | 9904 | €266,243 | €313,317 | +€47,074 | +17.7% |
| Transfer to tax-exempt reserves | 689 | €154,840 | €168,400 | +€13,560 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €111,403 | €144,917 | +€33,514 | +30.1% |
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 11 October 2026 via checked.be.