BEMAKO MANAGEMENT: 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.
BEMAKO MANAGEMENT
Largest movements
- Cash +€43,811
up €43,811 (+41.6%), from €105,431 to €149,243
mainly Net result for the year (+€100,975) and Other debts (+€29,750)
- Current investments -€25,000
down €25,000 (-16.8%), from €148,500 to €123,500
- Receivables within one year +€7,147
up €7,147 (+64.0%), from €11,172 to €18,319
of which Other amounts receivable: +€17,548
- Other debts +€29,750
up €29,750 (+46.7%), from €63,750 to €93,500
- Profit (loss) carried forward -€7,165
down €7,165 (-58.0%), from €12,344 to €5,178
- Trade debts +€6,112
up €6,112 (+4198.3%), from €146 to €6,257
- Gross operating margin +€10,427
up €10,427 (+8.8%), from €118,879 to €129,306
- Financial income +€1,867
up €1,867 (+46.0%), from €4,057 to €5,925
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 | €266,406 | €292,397 | +€25,991 | +9.8% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €266,406 | €292,397 | +€25,991 | +9.8% |
| Amounts receivable within one year | 40/41 | €11,172 | €18,319 | +€7,147 | +64.0% |
| Trade receivables | 40 | €10,551 | €150 | -€10,401 | -98.6% |
| Other amounts receivable | 41 | €621 | €18,169 | +€17,548 | +2825.8% |
| Current investments | 50/53 | €148,500 | €123,500 | -€25,000 | -16.8% |
| Cash at bank and in hand | 54/58 | €105,431 | €149,243 | +€43,811 | +41.6% |
| Deferred charges and accrued income | 490/1 | €1,303 | €1,336 | +€33 | +2.5% |
| Total equity and liabilities | 10/49 | €266,406 | €292,397 | +€25,991 | +9.8% |
| Equity | 10/15 | €182,804 | €173,778 | -€9,025 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,860 | €150,000 | -€1,860 | -1.2% |
| Distributable reserves | 133 | €151,860 | €150,000 | -€1,860 | -1.2% |
| Profit (loss) carried forward | 14 | €12,344 | €5,178 | -€7,165 | -58.0% |
| Amounts payable | 17/49 | €83,603 | €118,619 | +€35,017 | +41.9% |
| Amounts payable within one year | 42/48 | €83,603 | €118,484 | +€34,882 | +41.7% |
| Trade debts | 44 | €146 | €6,257 | +€6,112 | +4198.3% |
| Suppliers | 440/4 | €146 | €6,257 | +€6,112 | +4198.3% |
| Taxes, remuneration and social security | 45 | €19,707 | €18,727 | -€980 | -5.0% |
| Taxes | 450/3 | €19,707 | €18,727 | -€980 | -5.0% |
| Other amounts payable | 47/48 | €63,750 | €93,500 | +€29,750 | +46.7% |
| Accrued charges and deferred income | 492/3 | - | €135 | +€135 | |
| Non-recurring operating income | 76A | €2,982 | €12,952 | +€9,971 | +334.4% |
| Other operating charges | 640/8 | €775 | €937 | +€163 | +21.0% |
| Gross operating margin | 9900 | €118,879 | €129,306 | +€10,427 | +8.8% |
| Operating profit (loss) | 9901 | €118,104 | €128,369 | +€10,265 | +8.7% |
| Financial income | 75/76B | €4,057 | €5,925 | +€1,867 | +46.0% |
| Recurring financial income | 75 | €4,057 | €5,925 | +€1,867 | +46.0% |
| Financial charges | 65/66B | €49 | €90 | +€41 | +83.6% |
| Recurring financial charges | 65 | €49 | €90 | +€41 | +83.6% |
| Profit (loss) for the period before taxes | 9903 | €122,112 | €134,203 | +€12,091 | +9.9% |
| Income taxes | 67/77 | €32,545 | €33,229 | +€683 | +2.1% |
| Profit (loss) for the period | 9904 | €89,567 | €100,975 | +€11,408 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €89,567 | €100,975 | +€11,408 | +12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.