BEMA CONSEIL: 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 CONSEIL
Largest movements
- Tangible fixed assets +€520,000
up €520,000 (+44.2%), from €1.2m to €1.7m
of which Land and buildings: +€375,764
- Other debts +€728,469
up €728,469 (+55.7%), from €1.3m to €2.0m
- Short-term financial debts -€200,000
no longer reported in 2025 (was €200,000)
- Financial income +€27,118
new in 2025: €27,118
- Other operating charges +€26,951
new in 2025: €26,951
- Depreciation +€19,591
up €19,591 (+69.2%), from €28,305 to €47,895
- Gross operating margin +€17,103
up €17,103 (+49.0%), from €34,915 to €52,017
- Financial charges -€5,205
down €5,205 (-46.7%), from €11,137 to €5,932
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 | €1,367,633 | €1,900,175 | +€532,541 | +38.9% |
| Fixed assets | 21/28 | €1,176,317 | €1,696,316 | +€520,000 | +44.2% |
| Tangible fixed assets | 22/27 | €1,175,805 | €1,695,804 | +€520,000 | +44.2% |
| Land and buildings | 22 | €1,081,039 | €1,456,803 | +€375,764 | +34.8% |
| Plant, machinery and equipment | 23 | €93,488 | €179,298 | +€85,810 | +91.8% |
| Furniture and vehicles | 24 | €1,277 | €59,703 | +€58,426 | +4,575% |
| Financial fixed assets | 28 | €512 | €512 | = | 0.0% |
| Current assets | 29/58 | €191,317 | €203,859 | +€12,542 | +6.6% |
| Amounts receivable within one year | 40/41 | €166,701 | €166,701 | = | 0.0% |
| Other amounts receivable | 41 | €166,701 | €166,701 | = | 0.0% |
| Current investments | 50/53 | €25 | €25 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,510 | €10,016 | +€4,505 | +81.8% |
| Deferred charges and accrued income | 490/1 | €19,080 | €27,117 | +€8,036 | +42.1% |
| Total equity and liabilities | 10/49 | €1,367,633 | €1,900,175 | +€532,541 | +38.9% |
| Equity | 10/15 | -€232,032 | -€233,675 | -€1,643 | -0.7% |
| Contributions | 10/11 | €92,987 | €92,987 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,987 | €30,987 | = | 0.0% |
| Share premium | 1100/10 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €7,164 | €7,164 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €964 | €964 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€332,182 | -€333,825 | -€1,643 | -0.5% |
| Amounts payable | 17/49 | €1,599,665 | €2,133,850 | +€534,185 | +33.4% |
| Amounts payable within one year | 42/48 | €1,598,123 | €2,126,850 | +€528,727 | +33.1% |
| Financial debts | 43 | €200,000 | - | -€200,000 | |
| Credit institutions | 430/8 | €200,000 | - | -€200,000 | |
| Trade debts | 44 | €89,316 | €89,573 | +€257 | +0.3% |
| Suppliers | 440/4 | €89,316 | €89,573 | +€257 | +0.3% |
| Other amounts payable | 47/48 | €1,308,807 | €2,037,276 | +€728,469 | +55.7% |
| Accrued charges and deferred income | 492/3 | €1,542 | €7,000 | +€5,458 | +354% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,305 | €47,895 | +€19,591 | +69.2% |
| Other operating charges | 640/8 | - | €26,951 | +€26,951 | |
| Gross operating margin | 9900 | €34,915 | €52,017 | +€17,103 | +49.0% |
| Operating profit (loss) | 9901 | €6,610 | -€22,829 | -€29,440 | |
| Financial income | 75/76B | - | €27,118 | +€27,118 | |
| Recurring financial income | 75 | - | €27,118 | +€27,118 | |
| Financial charges | 65/66B | €11,137 | €5,932 | -€5,205 | -46.7% |
| Recurring financial charges | 65 | €11,137 | €5,932 | -€5,205 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,527 | -€1,643 | +€2,883 | +63.7% |
| Profit (loss) for the period | 9904 | -€4,527 | -€1,643 | +€2,883 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,527 | -€1,643 | +€2,883 | +63.7% |
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 20 October 2026 via checked.be.