BEMA: what changed
Two fiscal 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 -€25,656
down €25,656 (-92.1%), from €27,860 to €2,204
mainly Other debts (-€23,280) and Deferred charges and accrued income (-€16,950)
- Deferred charges and accrued income +€16,950
new in 2025: €16,950
- Receivables within one year -€13,674
down €13,674 (-3.1%), from €441,070 to €427,396
of which Trade receivables: -€17,151
- Other debts -€23,280
down €23,280 (-2.5%), from €943,208 to €919,928
- Financial income -€47,570
down €47,570 (-73.1%), from €65,098 to €17,528
- Depreciation -€40,137
down €40,137 (-95.7%), from €41,943 to €1,806
- Purchases and services +€24,116
new in 2025: €24,116
- Gross operating margin -€13,668
down €13,668 (-242.0%), from -€5,648 to -€19,316
- Staff costs -€4,809
no longer reported in 2025 (was €4,809)
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 | €1,191,275 | €1,167,089 | -€24,186 | -2.0% |
| Fixed assets | 21/28 | €693,345 | €691,539 | -€1,806 | -0.3% |
| Tangible fixed assets | 22/27 | €693,345 | €691,539 | -€1,806 | -0.3% |
| Plant, machinery and equipment | 23 | €680,000 | €680,000 | = | 0.0% |
| Furniture and vehicles | 24 | €3,345 | €1,539 | -€1,806 | -54.0% |
| Other tangible fixed assets | 26 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €497,930 | €475,550 | -€22,380 | -4.5% |
| Amounts receivable after more than one year | 29 | €29,000 | €29,000 | = | 0.0% |
| Other amounts receivable | 291 | €29,000 | €29,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €441,070 | €427,396 | -€13,674 | -3.1% |
| Trade receivables | 40 | €28,980 | €11,829 | -€17,151 | -59.2% |
| Other amounts receivable | 41 | €412,090 | €415,567 | +€3,477 | +0.8% |
| Cash at bank and in hand | 54/58 | €27,860 | €2,204 | -€25,656 | -92.1% |
| Deferred charges and accrued income | 490/1 | - | €16,950 | +€16,950 | |
| Total equity and liabilities | 10/49 | €1,191,275 | €1,167,089 | -€24,186 | -2.0% |
| Equity | 10/15 | -€3,660 | -€8,678 | -€5,018 | -137.1% |
| Contributions | 10/11 | €39,700 | €39,700 | = | 0.0% |
| Capital | 10 | €39,700 | €39,700 | = | 0.0% |
| Issued capital | 100 | €39,700 | €39,700 | = | 0.0% |
| Reserves | 13 | €3,970 | €3,970 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,970 | €3,970 | = | 0.0% |
| Legal reserve | 130 | €3,970 | €3,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,330 | -€52,348 | -€5,018 | -10.6% |
| Amounts payable | 17/49 | €1,194,935 | €1,175,767 | -€19,168 | -1.6% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €944,935 | €925,767 | -€19,168 | -2.0% |
| Trade debts | 44 | €1,727 | €5,839 | +€4,112 | +238.1% |
| Suppliers | 440/4 | €1,727 | €5,839 | +€4,112 | +238.1% |
| Other amounts payable | 47/48 | €943,208 | €919,928 | -€23,280 | -2.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €24,116 | +€24,116 | |
| Remuneration, social security and pensions | 62 | €4,809 | - | -€4,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,943 | €1,806 | -€40,137 | -95.7% |
| Other operating charges | 640/8 | €1,396 | €1,345 | -€51 | -3.7% |
| Gross operating margin | 9900 | -€5,648 | -€19,316 | -€13,668 | -242.0% |
| Operating profit (loss) | 9901 | -€53,796 | -€22,467 | +€31,329 | +58.2% |
| Financial income | 75/76B | €65,098 | €17,528 | -€47,570 | -73.1% |
| Recurring financial income | 75 | €65,098 | €17,528 | -€47,570 | -73.1% |
| Financial charges | 65/66B | €1,973 | €79 | -€1,894 | -96.0% |
| Recurring financial charges | 65 | €1,973 | €79 | -€1,894 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | €9,329 | -€5,018 | -€14,347 | |
| Profit (loss) for the period | 9904 | €9,329 | -€5,018 | -€14,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,329 | -€5,018 | -€14,347 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.