BEMAD'IMMO: 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.
BEMAD'IMMO
Largest movements
- Cash +€52,764
up €52,764 (+107.9%), from €48,923 to €101,687
mainly Other debts (+€42,598) and Net result for the year (+€33,250)
- Tangible fixed assets -€27,413
down €27,413 (-3.3%), from €823,853 to €796,441
- Other debts +€42,598
up €42,598 (+13.2%), from €322,235 to €364,833
- Reserves -€9,348
down €9,348 (-3.0%), from €313,080 to €303,732
of which Tax-exempt reserves: -€9,348
- Gross operating margin +€5,314
up €5,314 (+5.8%), from €90,933 to €96,248
- Taxes -€2,244
down €2,244 (-12.6%), from €17,768 to €15,524
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 | €872,776 | €898,128 | +€25,352 | +2.9% |
| Fixed assets | 21/28 | €823,853 | €796,441 | -€27,413 | -3.3% |
| Tangible fixed assets | 22/27 | €823,853 | €796,441 | -€27,413 | -3.3% |
| Land and buildings | 22 | €823,853 | €796,441 | -€27,413 | -3.3% |
| Current assets | 29/58 | €48,923 | €101,687 | +€52,764 | +107.9% |
| Cash at bank and in hand | 54/58 | €48,923 | €101,687 | +€52,764 | +107.9% |
| Total equity and liabilities | 10/49 | €872,776 | €898,128 | +€25,352 | +2.9% |
| Equity | 10/15 | €465,047 | €455,699 | -€9,348 | -2.0% |
| Contributions | 10/11 | €64,058 | €64,058 | = | 0.0% |
| Capital | 10 | €64,058 | €64,058 | = | 0.0% |
| Issued capital | 100 | €64,058 | €64,058 | = | 0.0% |
| Reserves | 13 | €313,080 | €303,732 | -€9,348 | -3.0% |
| Non-distributable reserves | 130/1 | €6,406 | €6,406 | = | 0.0% |
| Legal reserve | 130 | €6,406 | €6,406 | = | 0.0% |
| Tax-exempt reserves | 132 | €190,076 | €180,728 | -€9,348 | -4.9% |
| Distributable reserves | 133 | €116,599 | €116,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,909 | €87,909 | = | 0.0% |
| Provisions and deferred taxes | 16 | €63,359 | €60,243 | -€3,116 | -4.9% |
| Deferred taxes | 168 | €63,359 | €60,243 | -€3,116 | -4.9% |
| Amounts payable | 17/49 | €344,371 | €382,186 | +€37,816 | +11.0% |
| Amounts payable within one year | 42/48 | €337,513 | €375,329 | +€37,816 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €2,370 | - | -€2,370 | |
| Trade debts | 44 | €2,140 | €1,971 | -€169 | -7.9% |
| Suppliers | 440/4 | €2,140 | €1,971 | -€169 | -7.9% |
| Taxes, remuneration and social security | 45 | €10,768 | €8,524 | -€2,244 | -20.8% |
| Taxes | 450/3 | €10,768 | €8,524 | -€2,244 | -20.8% |
| Other amounts payable | 47/48 | €322,235 | €364,833 | +€42,598 | +13.2% |
| Accrued charges and deferred income | 492/3 | €6,857 | €6,857 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,413 | €27,413 | = | 0.0% |
| Other operating charges | 640/8 | €8,870 | €9,230 | +€360 | +4.1% |
| Gross operating margin | 9900 | €90,933 | €96,248 | +€5,314 | +5.8% |
| Operating profit (loss) | 9901 | €54,650 | €59,605 | +€4,955 | +9.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €14,006 | €13,946 | -€60 | -0.4% |
| Recurring financial charges | 65 | €14,006 | €13,946 | -€60 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €40,645 | €45,659 | +€5,014 | +12.3% |
| Transfer from deferred taxes | 780 | €3,116 | €3,116 | = | 0.0% |
| Income taxes | 67/77 | €17,768 | €15,524 | -€2,244 | -12.6% |
| Profit (loss) for the period | 9904 | €25,993 | €33,250 | +€7,258 | +27.9% |
| Transfer from tax-exempt reserves | 789 | €9,348 | €9,348 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,341 | €42,598 | +€7,258 | +20.5% |
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 4 October 2026 via checked.be.