BEMATEC: 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.
BEMATEC
Largest movements
- Cash -€111,273
down €111,273 (-31.0%), from €358,688 to €247,416
mainly Contributions, distributions and other (-€90,593) and Net result for the year (-€38,080)
- Receivables within one year +€34,246
up €34,246 (+30.5%), from €112,422 to €146,669
of which Other amounts receivable: +€41,743
- Stocks and contracts +€23,559
up €23,559 (+106%), from €22,163 to €45,722
- Reserves -€128,299
down €128,299 (-27.3%), from €469,306 to €341,007
of which Non-distributable reserves: -€90,593
- Other debts +€90,593
new in 2025: €90,593
- Trade debts -€10,438
down €10,438 (-46.3%), from €22,553 to €12,115
- Gross operating margin -€89,176
down €89,176 (-77.5%), from €115,053 to €25,877
- Taxes -€14,443
down €14,443 (-95.1%), from €15,187 to €745
- Write-downs -€8,485
down €8,485, from €4,318 to -€4,167
- Other operating charges +€4,501
up €4,501 (+257%), from €1,750 to €6,251
- Staff costs -€3,922
down €3,922 (-7.6%), from €51,702 to €47,780
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 | €536,772 | €483,014 | -€53,758 | -10.0% |
| Fixed assets | 21/28 | €32,088 | €35,292 | +€3,204 | +10.0% |
| Tangible fixed assets | 22/27 | €32,082 | €35,286 | +€3,204 | +10.0% |
| Plant, machinery and equipment | 23 | €3,721 | €10,759 | +€7,038 | +189% |
| Furniture and vehicles | 24 | €2,797 | €6,775 | +€3,978 | +142% |
| Leasing and similar rights | 25 | €14,918 | €9,038 | -€5,880 | -39.4% |
| Other tangible fixed assets | 26 | €10,646 | €8,713 | -€1,932 | -18.2% |
| Financial fixed assets | 28 | €6 | €6 | = | 0.0% |
| Current assets | 29/58 | €504,684 | €447,722 | -€56,962 | -11.3% |
| Stocks and contracts in progress | 3 | €22,163 | €45,722 | +€23,559 | +106% |
| Stocks | 30/36 | €22,163 | €45,722 | +€23,559 | +106% |
| Amounts receivable within one year | 40/41 | €112,422 | €146,669 | +€34,246 | +30.5% |
| Trade receivables | 40 | €73,907 | €66,410 | -€7,496 | -10.1% |
| Other amounts receivable | 41 | €38,516 | €80,258 | +€41,743 | +108% |
| Cash at bank and in hand | 54/58 | €358,688 | €247,416 | -€111,273 | -31.0% |
| Deferred charges and accrued income | 490/1 | €11,410 | €7,915 | -€3,495 | -30.6% |
| Total equity and liabilities | 10/49 | €536,772 | €483,014 | -€53,758 | -10.0% |
| Equity | 10/15 | €488,280 | €359,607 | -€128,673 | -26.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €469,306 | €341,007 | -€128,299 | -27.3% |
| Non-distributable reserves | 130/1 | €357,732 | €267,139 | -€90,593 | -25.3% |
| Other | 1319 | €357,732 | €267,139 | -€90,593 | -25.3% |
| Tax-exempt reserves | 132 | €1,730 | €1,048 | -€682 | -39.4% |
| Distributable reserves | 133 | €109,844 | €72,820 | -€37,025 | -33.7% |
| Profit (loss) carried forward | 14 | €374 | - | -€374 | |
| Provisions and deferred taxes | 16 | €577 | €349 | -€227 | -39.4% |
| Deferred taxes | 168 | €577 | €349 | -€227 | -39.4% |
| Amounts payable | 17/49 | €47,915 | €123,058 | +€75,142 | +157% |
| Amounts payable after more than one year | 17 | €5,968 | €3,153 | -€2,815 | -47.2% |
| Financial debts | 170/4 | €5,968 | €3,153 | -€2,815 | -47.2% |
| Amounts payable within one year | 42/48 | €38,937 | €115,771 | +€76,834 | +197% |
| Current portion of amounts payable after more than one year | 42 | €9,312 | €6,159 | -€3,153 | -33.9% |
| Trade debts | 44 | €22,553 | €12,115 | -€10,438 | -46.3% |
| Suppliers | 440/4 | €22,553 | €12,115 | -€10,438 | -46.3% |
| Taxes, remuneration and social security | 45 | €7,073 | €6,904 | -€168 | -2.4% |
| Taxes | 450/3 | €1,764 | €563 | -€1,201 | -68.1% |
| Remuneration and social security | 454/9 | €5,308 | €6,341 | +€1,033 | +19.5% |
| Other amounts payable | 47/48 | - | €90,593 | +€90,593 | |
| Accrued charges and deferred income | 492/3 | €3,010 | €4,134 | +€1,123 | +37.3% |
| Non-recurring operating income | 76A | €60,165 | €60,000 | -€165 | -0.3% |
| Remuneration, social security and pensions | 62 | €51,702 | €47,780 | -€3,922 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,341 | €15,268 | -€1,073 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,318 | -€4,167 | -€8,485 | |
| Other operating charges | 640/8 | €1,750 | €6,251 | +€4,501 | +257% |
| Gross operating margin | 9900 | €115,053 | €25,877 | -€89,176 | -77.5% |
| Operating profit (loss) | 9901 | €40,943 | -€39,254 | -€80,197 | |
| Financial income | 75/76B | €1,430 | €3,135 | +€1,706 | +119% |
| Recurring financial income | 75 | €1,430 | €3,135 | +€1,706 | +119% |
| Financial charges | 65/66B | €928 | €1,444 | +€516 | +55.7% |
| Recurring financial charges | 65 | €928 | €1,444 | +€516 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | €41,445 | -€37,563 | -€79,008 | |
| Transfer from deferred taxes | 780 | €227 | €227 | = | 0.0% |
| Income taxes | 67/77 | €15,187 | €745 | -€14,443 | -95.1% |
| Profit (loss) for the period | 9904 | €26,485 | -€38,080 | -€64,565 | |
| Transfer from tax-exempt reserves | 789 | €682 | €682 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,167 | -€37,398 | -€64,565 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.