BEMASTI: 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.
BEMASTI
Largest movements
- Receivables within one year +€65,195
up €65,195 (+5529.7%), from €1,179 to €66,374
- Cash -€9,790
down €9,790 (-53.1%), from €18,451 to €8,661
mainly Receivables within one year (-€65,195) and Debts after one year (-€8,401)
- Reserves +€55,500
up €55,500 (+21.0%), from €264,860 to €320,360
of which Distributable reserves: +€55,500
- Tax, wage and social debts +€13,793
up €13,793 (+98.8%), from €13,967 to €27,760
- Debts after one year -€8,401
down €8,401 (-100.0%), from €8,401 to €0
- Financial income +€34,331
up €34,331 (+3433062.0%), from €1 to €34,332
- Gross operating margin -€14,695
down €14,695 (-20.5%), from €71,638 to €56,943
- Depreciation +€7,272
up €7,272 (+1061.6%), from €685 to €7,957
- Other operating charges +€4,072
up €4,072 (+1486.1%), from €274 to €4,346
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 | €642,436 | €692,323 | +€49,887 | +7.8% |
| Fixed assets | 21/28 | €22,806 | €17,288 | -€5,518 | -24.2% |
| Tangible fixed assets | 22/27 | €22,806 | €17,288 | -€5,518 | -24.2% |
| Plant, machinery and equipment | 23 | - | €2,312 | +€2,312 | |
| Furniture and vehicles | 24 | €22,806 | €14,975 | -€7,831 | -34.3% |
| Current assets | 29/58 | €619,630 | €675,036 | +€55,406 | +8.9% |
| Amounts receivable after more than one year | 29 | €600,000 | €600,000 | = | 0.0% |
| Other amounts receivable | 291 | €600,000 | €600,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,179 | €66,374 | +€65,195 | +5529.7% |
| Other amounts receivable | 41 | €1,179 | €66,374 | +€65,195 | +5529.7% |
| Cash at bank and in hand | 54/58 | €18,451 | €8,661 | -€9,790 | -53.1% |
| Total equity and liabilities | 10/49 | €642,436 | €692,323 | +€49,887 | +7.8% |
| Equity | 10/15 | €599,312 | €654,895 | +€55,583 | +9.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €264,860 | €320,360 | +€55,500 | +21.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €263,000 | €318,500 | +€55,500 | +21.1% |
| Profit (loss) carried forward | 14 | €322,052 | €322,135 | +€83 | 0.0% |
| Amounts payable | 17/49 | €43,124 | €37,428 | -€5,696 | -13.2% |
| Amounts payable after more than one year | 17 | €8,401 | €0 | -€8,401 | -100.0% |
| Financial debts | 170/4 | €8,401 | €0 | -€8,401 | -100.0% |
| Amounts payable within one year | 42/48 | €34,723 | €37,428 | +€2,705 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €13,951 | €8,401 | -€5,550 | -39.8% |
| Trade debts | 44 | €6,805 | €1,267 | -€5,538 | -81.4% |
| Suppliers | 440/4 | €6,805 | €1,267 | -€5,538 | -81.4% |
| Taxes, remuneration and social security | 45 | €13,967 | €27,760 | +€13,793 | +98.8% |
| Taxes | 450/3 | €13,967 | €27,760 | +€13,793 | +98.8% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685 | €7,957 | +€7,272 | +1061.6% |
| Other operating charges | 640/8 | €274 | €4,346 | +€4,072 | +1486.1% |
| Gross operating margin | 9900 | €71,638 | €56,943 | -€14,695 | -20.5% |
| Operating profit (loss) | 9901 | €70,679 | €44,640 | -€26,039 | -36.8% |
| Financial income | 75/76B | €1 | €34,332 | +€34,331 | +3433062.0% |
| Recurring financial income | 75 | €1 | €34,332 | +€34,331 | +3433062.0% |
| Financial charges | 65/66B | €887 | €1,308 | +€421 | +47.5% |
| Recurring financial charges | 65 | €887 | €1,308 | +€421 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €69,793 | €77,663 | +€7,870 | +11.3% |
| Income taxes | 67/77 | €22,210 | €22,080 | -€130 | -0.6% |
| Profit (loss) for the period | 9904 | €47,583 | €55,583 | +€8,000 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,583 | €55,583 | +€8,000 | +16.8% |
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.