BEMCHIMMO GROUP: 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.
What changed
BEMCHIMMO GROUP
NACE 68.110, Buying and selling of own real estate
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.6m
2024 · €1.7m+€930,566
Equity
€61.6m
2024 · €53.9m+€7.7m
Cash
€2.7m
2024 · €14.7m-€12.0m
Balance sheet total
€341.1m
2024 · €331.2m+€9.9m
Largest movements
Assets
- Tangible fixed assets +€13.5m
up €13.5m (+8.8%), from €152.7m to €166.2m
of which Land and buildings: +€7.3m
- Cash -€12.0m
down €12.0m (-81.5%), from €14.7m to €2.7m
mainly Investment in fixed assets (net) (-€23.1m) and Receivables within one year (-€4.2m)
- Financial fixed assets +€4.3m
up €4.3m (+2.9%), from €147.6m to €151.8m
- Receivables within one year +€4.2m
up €4.2m (+27.3%), from €15.4m to €19.6m
of which Other amounts receivable: +€3.9m
Equity and liabilities
- Contributions +€5.1m
up €5.1m (+9.6%), from €53.2m to €58.3m
of which Contributions outside capital: +€4.1m
Income statement
- Turnover +€1.3m
up €1.3m (+12.1%), from €10.5m to €11.8m
- Financial charges +€829,738
up €829,738 (+11.5%), from €7.2m to €8.1m
- Financial income +€600,285
up €600,285 (+12.5%), from €4.8m to €5.4m
- Services and other goods +€404,564
up €404,564 (+47.3%), from €854,848 to €1.3m
- Depreciation +€328,690
up €328,690 (+6.5%), from €5.0m to €5.4m
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.
Result 2024
€1.7m
Turnover
+€1.3m
Other operating income
+€143,868
Services and other goods
-€404,564
Depreciation
-€328,690
Provisions
-€93,393
Other operating charges
-€116,283
Other operating items
+€1.1m
Financial income
+€600,285
Financial charges
-€829,738
Taxes
-€167,255
Deferred taxes and other
-€286,379
Result 2025
€2.6m
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.
From operations
+€5.0m
Investment
-€23.1m
Financing
+€6.0m
Cash 2024
€14.7m
From operations (derived)
+€5.0m
Net result for the year
+€2.6m
Depreciation
+€5.4m
Receivables within one year
-€4.2m
Deferred charges and accrued income
+€8,853
Provisions
+€444,422
Trade debts
+€266,090
Tax, wage and social debts
+€99,801
Other debts
+€180,000
Accrued charges and deferred income
+€307,255
Investment (derived)
-€23.1m
Investment in fixed assets (net)
-€23.1m
Financing
+€6.0m
Debts after one year
+€277,692
Current portion of long-term debt
+€2.2m
Short-term financial debts
-€1.6m
Contributions, distributions and other
+€5.1m
Cash 2025
€2.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,195,132 | €341,123,015 | +€9.9m | +3.0% |
| Formation expenses | 20 | €309,537 | €256,806 | -€52,731 | -17.0% |
| Fixed assets | 21/28 | €300,288,866 | €318,030,885 | +€17.7m | +5.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €152,732,644 | €166,205,851 | +€13.5m | +8.8% |
| Land and buildings | 22 | €148,412,957 | €155,698,079 | +€7.3m | +4.9% |
| Plant, machinery and equipment | 23 | €50,773 | €39,256 | -€11,517 | -22.7% |
| Furniture and vehicles | 24 | €139,371 | €97,212 | -€42,159 | -30.2% |
| Assets under construction and advance payments | 27 | €4,129,542 | €10,371,304 | +€6.2m | +151.1% |
| Financial fixed assets | 28 | €147,556,223 | €151,825,034 | +€4.3m | +2.9% |
| Affiliated companies | 280/1 | €147,556,223 | €151,825,034 | +€4.3m | +2.9% |
| Participating interests | 280 | €44,482,402 | €58,464,016 | +€14.0m | +31.4% |
| Amounts receivable | 281 | €103,073,821 | €93,361,019 | -€9.7m | -9.4% |
| Current assets | 29/58 | €30,596,730 | €22,835,324 | -€7.8m | -25.4% |
| Amounts receivable within one year | 40/41 | €15,408,117 | €19,617,215 | +€4.2m | +27.3% |
| Trade receivables | 40 | €3,904,745 | €4,183,648 | +€278,903 | +7.1% |
| Other amounts receivable | 41 | €11,503,372 | €15,433,567 | +€3.9m | +34.2% |
| Cash at bank and in hand | 54/58 | €14,677,293 | €2,715,643 | -€12.0m | -81.5% |
| Deferred charges and accrued income | 490/1 | €511,320 | €502,466 | -€8,853 | -1.7% |
| Total equity and liabilities | 10/49 | €331,195,132 | €341,123,015 | +€9.9m | +3.0% |
| Equity | 10/15 | €53,905,450 | €61,577,328 | +€7.7m | +14.2% |
| Contributions | 10/11 | €53,195,723 | €58,294,798 | +€5.1m | +9.6% |
| Capital | 10 | €39,776,349 | €40,756,303 | +€979,954 | +2.5% |
| Issued capital | 100 | €39,776,349 | €40,756,303 | +€979,954 | +2.5% |
| Contributions outside capital | 11 | €13,419,374 | €17,538,495 | +€4.1m | +30.7% |
| Share premium | 1100/10 | €13,419,374 | €17,538,495 | +€4.1m | +30.7% |
| Reserves | 13 | €505,200 | €3,044,694 | +€2.5m | +502.7% |
| Non-distributable reserves | 130/1 | - | €129,163 | +€129,163 | |
| Legal reserve | 130 | - | €129,163 | +€129,163 | |
| Tax-exempt reserves | 132 | €505,200 | €2,122,136 | +€1.6m | +320.1% |
| Distributable reserves | 133 | - | €793,395 | +€793,395 | |
| Profit (loss) carried forward | 14 | -€43,764 | - | +€43,764 | |
| Investment grants | 15 | €248,291 | €237,836 | -€10,454 | -4.2% |
| Provisions and deferred taxes | 16 | €2,500,301 | €2,944,723 | +€444,422 | +17.8% |
| Provisions for liabilities and charges | 160/5 | €2,342,239 | €2,507,632 | +€165,393 | +7.1% |
| Major repairs and maintenance | 162 | €2,342,239 | €2,507,632 | +€165,393 | +7.1% |
| Deferred taxes | 168 | €158,062 | €437,091 | +€279,029 | +176.5% |
| Amounts payable | 17/49 | €274,789,382 | €276,600,964 | +€1.8m | +0.7% |
| Amounts payable after more than one year | 17 | €254,184,803 | €254,462,495 | +€277,692 | +0.1% |
| Financial debts | 170/4 | €254,184,803 | €254,462,495 | +€277,692 | +0.1% |
| Credit institutions | 173 | €254,184,803 | €254,462,495 | +€277,692 | +0.1% |
| Amounts payable within one year | 42/48 | €19,675,266 | €20,901,902 | +€1.2m | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €15,791,602 | €18,037,345 | +€2.2m | +14.2% |
| Financial debts | 43 | €1,565,778 | €779 | -€1.6m | -100.0% |
| Credit institutions | 430/8 | €1,565,000 | - | -€1.6m | |
| Other loans | 439 | €778 | €779 | +€1 | +0.1% |
| Trade debts | 44 | €2,146,490 | €2,412,580 | +€266,090 | +12.4% |
| Suppliers | 440/4 | €2,146,490 | €2,412,580 | +€266,090 | +12.4% |
| Taxes, remuneration and social security | 45 | €171,396 | €271,197 | +€99,801 | +58.2% |
| Taxes | 450/3 | €171,396 | €271,197 | +€99,801 | +58.2% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | - | €180,000 | +€180,000 | |
| Accrued charges and deferred income | 492/3 | €929,313 | €1,236,567 | +€307,255 | +33.1% |
| Operating income | 70/76A | €11,673,587 | €14,230,168 | +€2.6m | +21.9% |
| Turnover | 70 | €10,512,944 | €11,780,143 | +€1.3m | +12.1% |
| Other operating income | 74 | €1,160,643 | €1,304,511 | +€143,868 | +12.4% |
| Non-recurring operating income | 76A | - | €1,145,514 | +€1.1m | |
| Operating charges | 60/66A | €7,117,761 | €8,060,690 | +€942,929 | +13.2% |
| Services and other goods | 61 | €854,848 | €1,259,411 | +€404,564 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,038,630 | €5,367,319 | +€328,690 | +6.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €72,000 | €165,393 | +€93,393 | +129.7% |
| Other operating charges | 640/8 | €1,152,284 | €1,268,567 | +€116,283 | +10.1% |
| Operating profit (loss) | 9901 | €4,555,826 | €6,169,478 | +€1.6m | +35.4% |
| Financial income | 75/76B | €4,801,269 | €5,401,554 | +€600,285 | +12.5% |
| Recurring financial income | 75 | €4,801,269 | €5,401,554 | +€600,285 | +12.5% |
| Income from financial fixed assets | 750 | €300,000 | €299,508 | -€492 | -0.2% |
| Income from current assets | 751 | €4,411,552 | €4,898,554 | +€487,003 | +11.0% |
| Other financial income | 752/9 | €89,717 | €203,491 | +€113,774 | +126.8% |
| Financial charges | 65/66B | €7,231,093 | €8,060,831 | +€829,738 | +11.5% |
| Recurring financial charges | 65 | €7,231,093 | €8,060,831 | +€829,738 | +11.5% |
| Debt charges | 650 | €7,205,716 | €7,788,100 | +€582,383 | +8.1% |
| Other financial charges | 652/9 | €25,377 | €272,731 | +€247,355 | +974.7% |
| Profit (loss) for the period before taxes | 9903 | €2,126,002 | €3,510,201 | +€1.4m | +65.1% |
| Transfer from deferred taxes | 780 | €7,349 | €0 | -€7,349 | -100.0% |
| Transfer to deferred taxes | 680 | - | €279,029 | +€279,029 | |
| Income taxes | 67/77 | €480,659 | €647,914 | +€167,255 | +34.8% |
| Taxes | 670/3 | €480,659 | €647,914 | +€167,255 | +34.8% |
| Profit (loss) for the period | 9904 | €1,652,692 | €2,583,258 | +€930,566 | +56.3% |
| Transfer to tax-exempt reserves | 689 | €505,200 | €1,616,936 | +€1.1m | +220.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,147,492 | €966,322 | -€181,170 | -15.8% |
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 10 October 2026 via checked.be.