Bema: 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.
Bema
Largest movements
- Cash +€39,270
up €39,270 (+46.7%), from €84,139 to €123,409
mainly Net result for the year (+€35,053) and Depreciation (+€25,181)
- Tangible fixed assets -€21,372
down €21,372 (-54.5%), from €39,234 to €17,861
of which Land and buildings: -€21,286
- Receivables within one year +€9,271
up €9,271 (+50.6%), from €18,316 to €27,587
of which Trade receivables: +€9,500
- Reserves +€35,053
up €35,053 (+18.5%), from €189,941 to €224,993
- Other debts -€22,849
down €22,849 (-99.4%), from €22,980 to €131
- Tax, wage and social debts +€13,552
up €13,552 (+135.6%), from €9,996 to €23,548
- Gross operating margin +€16,344
up €16,344 (+25.2%), from €64,940 to €81,284
- Taxes +€14,666
up €14,666 (+330.3%), from €4,441 to €19,107
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 | €148,332 | €175,523 | +€27,191 | +18.3% |
| Fixed assets | 21/28 | €45,434 | €24,061 | -€21,372 | -47.0% |
| Tangible fixed assets | 22/27 | €39,234 | €17,861 | -€21,372 | -54.5% |
| Land and buildings | 22 | €39,147 | €17,861 | -€21,286 | -54.4% |
| Plant, machinery and equipment | 23 | €86 | - | -€86 | |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €102,898 | €151,461 | +€48,563 | +47.2% |
| Amounts receivable within one year | 40/41 | €18,316 | €27,587 | +€9,271 | +50.6% |
| Trade receivables | 40 | €18,087 | €27,587 | +€9,500 | +52.5% |
| Other amounts receivable | 41 | €229 | - | -€229 | |
| Cash at bank and in hand | 54/58 | €84,139 | €123,409 | +€39,270 | +46.7% |
| Deferred charges and accrued income | 490/1 | €443 | €465 | +€22 | +4.9% |
| Total equity and liabilities | 10/49 | €148,332 | €175,523 | +€27,191 | +18.3% |
| Equity | 10/15 | €115,089 | €150,141 | +€35,053 | +30.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €189,941 | €224,993 | +€35,053 | +18.5% |
| Distributable reserves | 133 | €189,941 | €224,993 | +€35,053 | +18.5% |
| Profit (loss) carried forward | 14 | -€93,452 | -€93,452 | = | 0.0% |
| Amounts payable | 17/49 | €33,243 | €25,381 | -€7,862 | -23.6% |
| Amounts payable within one year | 42/48 | €33,243 | €25,381 | -€7,862 | -23.6% |
| Trade debts | 44 | €267 | €1,702 | +€1,435 | +537.7% |
| Suppliers | 440/4 | €267 | €1,702 | +€1,435 | +537.7% |
| Taxes, remuneration and social security | 45 | €9,996 | €23,548 | +€13,552 | +135.6% |
| Taxes | 450/3 | €9,996 | €23,548 | +€13,552 | +135.6% |
| Other amounts payable | 47/48 | €22,980 | €131 | -€22,849 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,438 | €25,181 | +€743 | +3.0% |
| Other operating charges | 640/8 | €1,763 | €1,889 | +€126 | +7.2% |
| Gross operating margin | 9900 | €64,940 | €81,284 | +€16,344 | +25.2% |
| Operating profit (loss) | 9901 | €38,739 | €54,214 | +€15,475 | +39.9% |
| Financial charges | 65/66B | €54 | €54 | -€0 | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €38,685 | €54,160 | +€15,475 | +40.0% |
| Income taxes | 67/77 | €4,441 | €19,107 | +€14,666 | +330.3% |
| Profit (loss) for the period | 9904 | €34,244 | €35,053 | +€808 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,244 | €35,053 | +€808 | +2.4% |
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 10 October 2026 via checked.be.