BEMANS: 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.
BEMANS
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+144.7%), from €698,160 to €1.7m
of which Other amounts receivable: +€888,856
- Cash -€865,320
down €865,320 (-85.4%), from €1.0m to €148,066
mainly Receivables within one year (-€1.0m) and Investment in fixed assets (net) (-€58,970)
- Debts after one year +€83,788
up €83,788 (+7.2%), from €1.2m to €1.2m
- Profit (loss) carried forward +€53,029
up €53,029 (+10.3%), from €515,518 to €568,547
- Tax, wage and social debts -€34,978
down €34,978 (-30.6%), from €114,393 to €79,415
of which Taxes: -€50,752
- Financial income +€55,590
up €55,590 (+452.6%), from €12,282 to €67,871
- Staff costs +€14,507
up €14,507 (+417.2%), from €3,477 to €17,984
- Financial charges +€13,763
up €13,763 (+24.9%), from €55,201 to €68,964
- Gross operating margin +€10,405
up €10,405 (+5.9%), from €176,639 to €187,044
- Other operating charges +€10,219
up €10,219 (+54.7%), from €18,688 to €28,907
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 | €2,628,428 | €2,786,641 | +€158,214 | +6.0% |
| Fixed assets | 21/28 | €728,494 | €731,592 | +€3,098 | +0.4% |
| Tangible fixed assets | 22/27 | €724,894 | €727,992 | +€3,098 | +0.4% |
| Land and buildings | 22 | €408,247 | €396,675 | -€11,572 | -2.8% |
| Furniture and vehicles | 24 | €22,219 | €50,882 | +€28,662 | +129.0% |
| Other tangible fixed assets | 26 | €294,428 | €280,436 | -€13,993 | -4.8% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €1,899,933 | €2,055,049 | +€155,115 | +8.2% |
| Stocks and contracts in progress | 3 | €184,249 | €195,303 | +€11,053 | +6.0% |
| Stocks | 30/36 | €184,249 | €195,303 | +€11,053 | +6.0% |
| Amounts receivable within one year | 40/41 | €698,160 | €1,708,141 | +€1.0m | +144.7% |
| Trade receivables | 40 | €481,740 | €602,864 | +€121,125 | +25.1% |
| Other amounts receivable | 41 | €216,420 | €1,105,276 | +€888,856 | +410.7% |
| Cash at bank and in hand | 54/58 | €1,013,386 | €148,066 | -€865,320 | -85.4% |
| Deferred charges and accrued income | 490/1 | €4,138 | €3,539 | -€599 | -14.5% |
| Total equity and liabilities | 10/49 | €2,628,428 | €2,786,641 | +€158,214 | +6.0% |
| Equity | 10/15 | €535,978 | €589,007 | +€53,029 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €515,518 | €568,547 | +€53,029 | +10.3% |
| Amounts payable | 17/49 | €2,092,449 | €2,197,635 | +€105,185 | +5.0% |
| Amounts payable after more than one year | 17 | €1,156,949 | €1,240,736 | +€83,788 | +7.2% |
| Financial debts | 170/4 | €1,156,949 | €1,240,736 | +€83,788 | +7.2% |
| Amounts payable within one year | 42/48 | €929,219 | €950,256 | +€21,037 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €172,395 | €199,050 | +€26,655 | +15.5% |
| Financial debts | 43 | €6,845 | €30,653 | +€23,808 | +347.8% |
| Credit institutions | 430/8 | €6,845 | €30,653 | +€23,808 | +347.8% |
| Trade debts | 44 | €635,585 | €641,138 | +€5,552 | +0.9% |
| Suppliers | 440/4 | €635,585 | €641,138 | +€5,552 | +0.9% |
| Taxes, remuneration and social security | 45 | €114,393 | €79,415 | -€34,978 | -30.6% |
| Taxes | 450/3 | €108,097 | €57,345 | -€50,752 | -47.0% |
| Remuneration and social security | 454/9 | €6,296 | €22,070 | +€15,774 | +250.5% |
| Accrued charges and deferred income | 492/3 | €6,282 | €6,642 | +€360 | +5.7% |
| Remuneration, social security and pensions | 62 | €3,477 | €17,984 | +€14,507 | +417.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,071 | €55,872 | -€199 | -0.4% |
| Other operating charges | 640/8 | €18,688 | €28,907 | +€10,219 | +54.7% |
| Gross operating margin | 9900 | €176,639 | €187,044 | +€10,405 | +5.9% |
| Operating profit (loss) | 9901 | €98,403 | €84,281 | -€14,123 | -14.4% |
| Financial income | 75/76B | €12,282 | €67,871 | +€55,590 | +452.6% |
| Recurring financial income | 75 | €12,282 | €67,871 | +€55,590 | +452.6% |
| Financial charges | 65/66B | €55,201 | €68,964 | +€13,763 | +24.9% |
| Recurring financial charges | 65 | €55,201 | €68,964 | +€13,763 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €55,484 | €83,188 | +€27,704 | +49.9% |
| Income taxes | 67/77 | €21,347 | €30,160 | +€8,813 | +41.3% |
| Profit (loss) for the period | 9904 | €34,137 | €53,029 | +€18,891 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,137 | €53,029 | +€18,891 | +55.3% |
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 6 October 2026 via checked.be.