B.E.M.V: 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.
B.E.M.V
Largest movements
- Tangible fixed assets +€393,784
new in 2025: €393,784
of which Land and buildings: +€393,116
- Deferred charges and accrued income +€10,727
new in 2025: €10,727
- Receivables within one year +€8,295
up €8,295 (+258%), from €3,213 to €11,509
of which Trade receivables: +€8,302
- Other debts +€275,421
up €275,421 (+108,686%), from €253 to €275,675
- Debts after one year +€118,195
new in 2025: €118,195
- Current portion of long-term debt +€8,886
new in 2025: €8,886
- Trade debts +€7,732
up €7,732 (+14,697%), from €53 to €7,785
- Gross operating margin +€31,620
up €31,620, from -€1,924 to €29,697
- Depreciation +€17,022
new in 2025: €17,022
- Financial charges +€5,273
up €5,273 (+10,545%), from €50 to €5,323
- Other operating charges +€3,338
up €3,338 (+862%), from €387 to €3,725
- Taxes +€1,104
new in 2025: €1,104
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 | €18,011 | €434,250 | +€416,240 | +2,311% |
| Fixed assets | 21/28 | - | €393,784 | +€393,784 | |
| Tangible fixed assets | 22/27 | - | €393,784 | +€393,784 | |
| Land and buildings | 22 | - | €393,116 | +€393,116 | |
| Furniture and vehicles | 24 | - | €669 | +€669 | |
| Current assets | 29/58 | €18,011 | €40,466 | +€22,455 | +125% |
| Amounts receivable within one year | 40/41 | €3,213 | €11,509 | +€8,295 | +258% |
| Trade receivables | 40 | €3,207 | €11,509 | +€8,302 | +259% |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €14,797 | €18,231 | +€3,433 | +23.2% |
| Deferred charges and accrued income | 490/1 | - | €10,727 | +€10,727 | |
| Total equity and liabilities | 10/49 | €18,011 | €434,250 | +€416,240 | +2,311% |
| Equity | 10/15 | €17,639 | €20,162 | +€2,523 | +14.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,361 | €162 | +€2,523 | |
| Amounts payable | 17/49 | €372 | €414,088 | +€413,717 | +111,298% |
| Amounts payable after more than one year | 17 | - | €118,195 | +€118,195 | |
| Financial debts | 170/4 | - | €118,195 | +€118,195 | |
| Amounts payable within one year | 42/48 | €306 | €295,055 | +€294,749 | +96,317% |
| Current portion of amounts payable after more than one year | 42 | - | €8,886 | +€8,886 | |
| Trade debts | 44 | €53 | €7,785 | +€7,732 | +14,697% |
| Suppliers | 440/4 | €53 | €7,785 | +€7,732 | +14,697% |
| Taxes, remuneration and social security | 45 | - | €2,709 | +€2,709 | |
| Taxes | 450/3 | - | €2,709 | +€2,709 | |
| Other amounts payable | 47/48 | €253 | €275,675 | +€275,421 | +108,686% |
| Accrued charges and deferred income | 492/3 | €66 | €838 | +€773 | +1,176% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €17,022 | +€17,022 | |
| Other operating charges | 640/8 | €387 | €3,725 | +€3,338 | +862% |
| Gross operating margin | 9900 | -€1,924 | €29,697 | +€31,620 | |
| Operating profit (loss) | 9901 | -€2,311 | €8,949 | +€11,260 | |
| Financial charges | 65/66B | €50 | €5,323 | +€5,273 | +10,545% |
| Recurring financial charges | 65 | €50 | €5,323 | +€5,273 | +10,545% |
| Profit (loss) for the period before taxes | 9903 | -€2,361 | €3,627 | +€5,988 | |
| Income taxes | 67/77 | - | €1,104 | +€1,104 | |
| Profit (loss) for the period | 9904 | -€2,361 | €2,523 | +€4,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,361 | €2,523 | +€4,884 |
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 17 October 2026 via checked.be.