BEM'S: 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.
What changed
BEM'S
NACE 46.497, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.4m+€101,780
Equity
€6.6m
2024 · €5.7m+€918,337
Cash
€2.0m
2024 · €1.8m+€227,715
Balance sheet total
€12.6m
2024 · €11.6m+€1.0m
Largest movements
Assets
- Stocks and contracts +€1.2m
up €1.2m (+28.8%), from €4.0m to €5.2m
- Cash +€227,715
up €227,715 (+12.6%), from €1.8m to €2.0m
mainly Net result for the year (+€1.5m) and Trade debts (+€557,319)
- Receivables within one year -€220,355
down €220,355 (-8.5%), from €2.6m to €2.4m
of which Trade receivables: -€200,186
- Tangible fixed assets -€165,515
down €165,515 (-5.2%), from €3.2m to €3.0m
of which Land and buildings: -€138,299
Equity and liabilities
- Trade debts +€557,319
up €557,319 (+38.7%), from €1.4m to €2.0m
- Profit (loss) carried forward +€504,736
up €504,736 (+14.8%), from €3.4m to €3.9m
- Debts after one year -€425,506
down €425,506 (-15.8%), from €2.7m to €2.3m
- Reserves +€421,000
up €421,000 (+72.2%), from €583,500 to €1.0m
of which Tax-exempt reserves: +€421,000
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€1.4m
Turnover
+€118,105
Other operating income
+€62,534
Goods and materials
+€77,786
Services and other goods
-€126,746
Staff costs
-€27,782
Depreciation
+€27,554
Write-downs
+€13,195
Other operating charges
+€38,672
Financial income
-€7,902
Financial charges
-€43,125
Taxes
-€30,635
Deferred taxes and other
+€122
Result 2025
€1.5m
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.
From operations
+€1.4m
Investment
-€132,137
Financing
-€1.0m
Cash 2024
€1.8m
From operations (derived)
+€1.4m
Net result for the year
+€1.5m
Depreciation
+€281,602
Stocks and contracts
-€1.2m
Receivables within one year
+€220,355
Smaller working-capital items
-€2,362
Trade debts
+€557,319
Tax, wage and social debts
+€28,059
Other debts
-€20,374
Accrued charges and deferred income
-€63,000
Investment (derived)
-€132,137
Investment in fixed assets (net)
-€116,087
Current investments
-€16,050
Financing
-€1.0m
Debts after one year
-€425,506
Current portion of long-term debt
+€20,768
Short-term financial debts
-€270
Contributions, distributions and other
-€607,398
Cash 2025
€2.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,572,433 | €12,585,387 | +€1.0m | +8.8% |
| Fixed assets | 21/28 | €3,158,100 | €2,992,584 | -€165,515 | -5.2% |
| Tangible fixed assets | 22/27 | €3,158,100 | €2,992,584 | -€165,515 | -5.2% |
| Land and buildings | 22 | €2,700,898 | €2,562,599 | -€138,299 | -5.1% |
| Plant, machinery and equipment | 23 | €3,032 | €1,302 | -€1,730 | -57.1% |
| Furniture and vehicles | 24 | €318,574 | €293,447 | -€25,127 | -7.9% |
| Leasing and similar rights | 25 | €135,595 | €135,236 | -€360 | -0.3% |
| Current assets | 29/58 | €8,414,333 | €9,592,803 | +€1.2m | +14.0% |
| Stocks and contracts in progress | 3 | €4,004,039 | €5,159,116 | +€1.2m | +28.8% |
| Stocks | 30/36 | €4,004,039 | €5,159,116 | +€1.2m | +28.8% |
| Goods purchased for resale | 34 | €4,004,039 | €5,159,116 | +€1.2m | +28.8% |
| Amounts receivable within one year | 40/41 | €2,584,939 | €2,364,584 | -€220,355 | -8.5% |
| Trade receivables | 40 | €2,495,899 | €2,295,714 | -€200,186 | -8.0% |
| Other amounts receivable | 41 | €89,040 | €68,871 | -€20,170 | -22.7% |
| Current investments | 50/53 | - | €16,050 | +€16,050 | |
| Other investments | 51/53 | - | €16,050 | +€16,050 | |
| Cash at bank and in hand | 54/58 | €1,813,046 | €2,040,761 | +€227,715 | +12.6% |
| Deferred charges and accrued income | 490/1 | €12,309 | €12,292 | -€17 | -0.1% |
| Total equity and liabilities | 10/49 | €11,572,433 | €12,585,387 | +€1.0m | +8.8% |
| Equity | 10/15 | €5,707,590 | €6,625,927 | +€918,337 | +16.1% |
| Contributions | 10/11 | €1,625,000 | €1,625,000 | = | 0.0% |
| Capital | 10 | €1,625,000 | €1,625,000 | = | 0.0% |
| Issued capital | 100 | €1,625,000 | €1,625,000 | = | 0.0% |
| Reserves | 13 | €583,500 | €1,004,500 | +€421,000 | +72.2% |
| Non-distributable reserves | 130/1 | €162,500 | €162,500 | = | 0.0% |
| Legal reserve | 130 | €162,500 | €162,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €421,000 | €842,000 | +€421,000 | +100.0% |
| Profit (loss) carried forward | 14 | €3,404,278 | €3,909,013 | +€504,736 | +14.8% |
| Investment grants | 15 | €94,812 | €87,414 | -€7,398 | -7.8% |
| Provisions and deferred taxes | 16 | €19,579 | €17,200 | -€2,379 | -12.1% |
| Deferred taxes | 168 | €19,579 | €17,200 | -€2,379 | -12.1% |
| Amounts payable | 17/49 | €5,845,264 | €5,942,260 | +€96,996 | +1.7% |
| Amounts payable after more than one year | 17 | €2,700,074 | €2,274,568 | -€425,506 | -15.8% |
| Financial debts | 170/4 | €2,700,074 | €2,274,568 | -€425,506 | -15.8% |
| Leasing and similar obligations | 172 | €80,757 | €68,246 | -€12,511 | -15.5% |
| Credit institutions | 173 | €2,619,317 | €2,206,322 | -€412,995 | -15.8% |
| Amounts payable within one year | 42/48 | €3,078,649 | €3,664,150 | +€585,502 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €454,140 | €474,908 | +€20,768 | +4.6% |
| Financial debts | 43 | €101,365 | €101,095 | -€270 | -0.3% |
| Other loans | 439 | €101,365 | €101,095 | -€270 | -0.3% |
| Trade debts | 44 | €1,439,861 | €1,997,180 | +€557,319 | +38.7% |
| Suppliers | 440/4 | €1,439,861 | €1,997,180 | +€557,319 | +38.7% |
| Taxes, remuneration and social security | 45 | €285,645 | €313,704 | +€28,059 | +9.8% |
| Taxes | 450/3 | €166,481 | €190,986 | +€24,505 | +14.7% |
| Remuneration and social security | 454/9 | €119,164 | €122,718 | +€3,554 | +3.0% |
| Other amounts payable | 47/48 | €797,638 | €777,264 | -€20,374 | -2.6% |
| Accrued charges and deferred income | 492/3 | €66,541 | €3,541 | -€63,000 | -94.7% |
| Operating income | 70/76A | €27,660,502 | €27,841,141 | +€180,639 | +0.7% |
| Turnover | 70 | €27,629,481 | €27,747,587 | +€118,105 | +0.4% |
| Other operating income | 74 | €31,021 | €93,555 | +€62,534 | +201.6% |
| Operating charges | 60/66A | €25,526,255 | €25,523,576 | -€2,680 | 0.0% |
| Goods for resale, raw materials and consumables | 60 | €21,473,949 | €21,396,163 | -€77,786 | -0.4% |
| Purchases | 600/8 | €21,088,567 | €22,719,977 | +€1.6m | +7.7% |
| Change in stocks: decrease (increase) | 609 | €385,382 | -€1,323,814 | -€1.7m | |
| Services and other goods | 61 | €2,408,340 | €2,535,085 | +€126,746 | +5.3% |
| Remuneration, social security and pensions | 62 | €1,060,476 | €1,088,258 | +€27,782 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309,157 | €281,602 | -€27,554 | -8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €196,372 | €183,177 | -€13,195 | -6.7% |
| Other operating charges | 640/8 | €77,961 | €39,289 | -€38,672 | -49.6% |
| Operating profit (loss) | 9901 | €2,134,246 | €2,317,565 | +€183,319 | +8.6% |
| Financial income | 75/76B | €22,199 | €14,297 | -€7,902 | -35.6% |
| Recurring financial income | 75 | €22,199 | €14,297 | -€7,902 | -35.6% |
| Other financial income | 752/9 | €22,199 | €14,297 | -€7,902 | -35.6% |
| Financial charges | 65/66B | €244,210 | €287,335 | +€43,125 | +17.7% |
| Recurring financial charges | 65 | €244,210 | €287,335 | +€43,125 | +17.7% |
| Debt charges | 650 | €85,319 | €76,036 | -€9,284 | -10.9% |
| Other financial charges | 652/9 | €158,891 | €211,299 | +€52,408 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €1,912,235 | €2,044,527 | +€132,292 | +6.9% |
| Transfer from deferred taxes | 780 | €2,256 | €2,379 | +€122 | +5.4% |
| Income taxes | 67/77 | €490,536 | €521,170 | +€30,635 | +6.2% |
| Taxes | 670/3 | €490,536 | €521,170 | +€30,635 | +6.2% |
| Profit (loss) for the period | 9904 | €1,423,956 | €1,525,736 | +€101,780 | +7.1% |
| Transfer to tax-exempt reserves | 689 | €421,000 | €421,000 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,002,956 | €1,104,736 | +€101,780 | +10.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.