BEMALÉ: 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.
BEMALÉ
Largest movements
- Tangible fixed assets -€8,626
down €8,626 (-3.6%), from €242,551 to €233,925
- Debts after one year -€8,605
down €8,605 (-4.2%), from €204,320 to €195,715
- Other debts -€3,174
down €3,174 (-8.0%), from €39,472 to €36,299
- Reserves +€2,624
up €2,624 (+41.6%), from €6,308 to €8,932
- Gross operating margin -€20,622
down €20,622 (-48.9%), from €42,144 to €21,522
- Financial charges -€8,069
down €8,069 (-50.1%), from €16,118 to €8,049
- Depreciation -€7,610
down €7,610 (-46.9%), from €16,236 to €8,626
- Taxes -€921
down €921 (-58.4%), from €1,577 to €656
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 | €261,069 | €253,495 | -€7,574 | -2.9% |
| Fixed assets | 21/28 | €242,551 | €233,925 | -€8,626 | -3.6% |
| Tangible fixed assets | 22/27 | €242,551 | €233,925 | -€8,626 | -3.6% |
| Land and buildings | 22 | €242,551 | €233,925 | -€8,626 | -3.6% |
| Current assets | 29/58 | €18,518 | €19,571 | +€1,053 | +5.7% |
| Cash at bank and in hand | 54/58 | €18,518 | €19,571 | +€1,053 | +5.7% |
| Total equity and liabilities | 10/49 | €261,069 | €253,495 | -€7,574 | -2.9% |
| Equity | 10/15 | €7,308 | €9,932 | +€2,624 | +35.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,308 | €8,932 | +€2,624 | +41.6% |
| Distributable reserves | 133 | €6,308 | €8,932 | +€2,624 | +41.6% |
| Amounts payable | 17/49 | €253,761 | €243,564 | -€10,197 | -4.0% |
| Amounts payable after more than one year | 17 | €204,320 | €195,715 | -€8,605 | -4.2% |
| Financial debts | 170/4 | €204,320 | €195,715 | -€8,605 | -4.2% |
| Amounts payable within one year | 42/48 | €49,441 | €47,849 | -€1,592 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €8,285 | €8,605 | +€321 | +3.9% |
| Trade debts | 44 | €107 | €712 | +€605 | +563% |
| Suppliers | 440/4 | €107 | €712 | +€605 | +563% |
| Taxes, remuneration and social security | 45 | €1,577 | €2,233 | +€656 | +41.6% |
| Taxes | 450/3 | €1,577 | €2,233 | +€656 | +41.6% |
| Other amounts payable | 47/48 | €39,472 | €36,299 | -€3,174 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,236 | €8,626 | -€7,610 | -46.9% |
| Other operating charges | 640/8 | €1,905 | €1,567 | -€338 | -17.8% |
| Gross operating margin | 9900 | €42,144 | €21,522 | -€20,622 | -48.9% |
| Operating profit (loss) | 9901 | €24,003 | €11,329 | -€12,674 | -52.8% |
| Financial charges | 65/66B | €16,118 | €8,049 | -€8,069 | -50.1% |
| Recurring financial charges | 65 | €16,118 | €8,049 | -€8,069 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €7,885 | €3,280 | -€4,605 | -58.4% |
| Income taxes | 67/77 | €1,577 | €656 | -€921 | -58.4% |
| Profit (loss) for the period | 9904 | €6,308 | €2,624 | -€3,684 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,308 | €2,624 | -€3,684 | -58.4% |
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 14 October 2026 via checked.be.