BEMAR: 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.
BEMAR
Largest movements
- Receivables within one year -€39,432
down €39,432 (-47.8%), from €82,553 to €43,121
of which Trade receivables: -€39,432
- Stocks and contracts +€21,927
up €21,927 (+23.5%), from €93,371 to €115,299
- Cash +€19,869
up €19,869 (+37.9%), from €52,423 to €72,292
mainly Receivables within one year (+€39,432) and Trade debts (+€14,504)
- Tangible fixed assets -€10,003
down €10,003 (-3.2%), from €308,986 to €298,983
- Tax, wage and social debts -€15,690
down €15,690 (-63.5%), from €24,727 to €9,037
- Trade debts +€14,504
up €14,504 (+6523.2%), from €222 to €14,727
- Gross operating margin -€15,358
down €15,358 (-75.9%), from €20,230 to €4,873
- Taxes -€3,524
no longer reported in 2025 (was €3,524)
- Financial income -€1,359
down €1,359 (-99.3%), from €1,368 to €9
- Other operating charges -€1,208
down €1,208 (-55.3%), from €2,184 to €977
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 | €538,083 | €530,441 | -€7,642 | -1.4% |
| Fixed assets | 21/28 | €308,986 | €298,983 | -€10,003 | -3.2% |
| Tangible fixed assets | 22/27 | €308,986 | €298,983 | -€10,003 | -3.2% |
| Land and buildings | 22 | €308,986 | €298,983 | -€10,003 | -3.2% |
| Current assets | 29/58 | €229,098 | €231,458 | +€2,361 | +1.0% |
| Stocks and contracts in progress | 3 | €93,371 | €115,299 | +€21,927 | +23.5% |
| Stocks | 30/36 | €93,371 | €115,299 | +€21,927 | +23.5% |
| Amounts receivable within one year | 40/41 | €82,553 | €43,121 | -€39,432 | -47.8% |
| Trade receivables | 40 | €81,203 | €41,771 | -€39,432 | -48.6% |
| Other amounts receivable | 41 | €1,350 | €1,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52,423 | €72,292 | +€19,869 | +37.9% |
| Deferred charges and accrued income | 490/1 | €751 | €747 | -€4 | -0.5% |
| Total equity and liabilities | 10/49 | €538,083 | €530,441 | -€7,642 | -1.4% |
| Equity | 10/15 | €261,707 | €256,642 | -€5,065 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,081 | €166,374 | -€3,707 | -2.2% |
| Tax-exempt reserves | 132 | €170,081 | €166,374 | -€3,707 | -2.2% |
| Profit (loss) carried forward | 14 | €73,025 | €71,668 | -€1,358 | -1.9% |
| Provisions and deferred taxes | 16 | €56,694 | €55,458 | -€1,236 | -2.2% |
| Deferred taxes | 168 | €56,694 | €55,458 | -€1,236 | -2.2% |
| Amounts payable | 17/49 | €219,683 | €218,342 | -€1,341 | -0.6% |
| Amounts payable within one year | 42/48 | €219,683 | €218,342 | -€1,341 | -0.6% |
| Trade debts | 44 | €222 | €14,727 | +€14,504 | +6523.2% |
| Suppliers | 440/4 | €222 | €14,727 | +€14,504 | +6523.2% |
| Taxes, remuneration and social security | 45 | €24,727 | €9,037 | -€15,690 | -63.5% |
| Taxes | 450/3 | €24,727 | €9,037 | -€15,690 | -63.5% |
| Other amounts payable | 47/48 | €194,734 | €194,578 | -€156 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,003 | €10,003 | = | 0.0% |
| Other operating charges | 640/8 | €2,184 | €977 | -€1,208 | -55.3% |
| Gross operating margin | 9900 | €20,230 | €4,873 | -€15,358 | -75.9% |
| Operating profit (loss) | 9901 | €8,043 | -€6,107 | -€14,150 | |
| Financial income | 75/76B | €1,368 | €9 | -€1,359 | -99.3% |
| Recurring financial income | 75 | €1,368 | €9 | -€1,359 | -99.3% |
| Financial charges | 65/66B | €219 | €203 | -€17 | -7.6% |
| Recurring financial charges | 65 | €219 | €203 | -€17 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €9,192 | -€6,301 | -€15,493 | |
| Transfer from deferred taxes | 780 | €1,236 | €1,236 | +€0 | 0.0% |
| Income taxes | 67/77 | €3,524 | - | -€3,524 | |
| Profit (loss) for the period | 9904 | €6,903 | -€5,065 | -€11,968 | |
| Transfer from tax-exempt reserves | 789 | €3,707 | €3,707 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,611 | -€1,358 | -€11,968 |
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 29 September 2026 via checked.be.