BEMERO: 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.
BEMERO
Largest movements
- Receivables within one year +€33,777
up €33,777 (+8.1%), from €416,225 to €450,001
of which Other amounts receivable: +€34,546
- Reserves +€45,000
up €45,000 (+2.3%), from €2.0m to €2.0m
- Gross operating margin +€102,129
up €102,129, from -€75,083 to €27,046
- Staff costs -€44,685
down €44,685 (-92.4%), from €48,355 to €3,670
- Write-downs +€39,559
no longer reported in 2025 (was -€39,559)
- Financial charges -€21,963
down €21,963 (-97.3%), from €22,571 to €608
of which Non-recurring financial charges: -€21,377
- Financial income -€11,089
down €11,089 (-24.3%), from €45,569 to €34,480
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 | €2,316,816 | €2,361,510 | +€44,694 | +1.9% |
| Fixed assets | 21/28 | €1,217,305 | €1,207,773 | -€9,532 | -0.8% |
| Tangible fixed assets | 22/27 | €217,305 | €207,773 | -€9,532 | -4.4% |
| Land and buildings | 22 | €213,768 | €206,365 | -€7,403 | -3.5% |
| Furniture and vehicles | 24 | €3,537 | €1,408 | -€2,129 | -60.2% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €1,099,511 | €1,153,737 | +€54,226 | +4.9% |
| Amounts receivable within one year | 40/41 | €416,225 | €450,001 | +€33,777 | +8.1% |
| Trade receivables | 40 | €769 | - | -€769 | |
| Other amounts receivable | 41 | €415,456 | €450,001 | +€34,546 | +8.3% |
| Cash at bank and in hand | 54/58 | €683,276 | €703,736 | +€20,460 | +3.0% |
| Deferred charges and accrued income | 490/1 | €11 | - | -€11 | |
| Total equity and liabilities | 10/49 | €2,316,816 | €2,361,510 | +€44,694 | +1.9% |
| Equity | 10/15 | €2,308,133 | €2,351,690 | +€43,557 | +1.9% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €2,000,000 | €2,045,000 | +€45,000 | +2.3% |
| Distributable reserves | 133 | €2,000,000 | €2,045,000 | +€45,000 | +2.3% |
| Profit (loss) carried forward | 14 | €196,581 | €195,138 | -€1,443 | -0.7% |
| Amounts payable | 17/49 | €8,683 | €9,820 | +€1,137 | +13.1% |
| Amounts payable after more than one year | 17 | €5,400 | €6,235 | +€835 | +15.5% |
| Other amounts payable | 178/9 | €5,400 | €6,235 | +€835 | +15.5% |
| Amounts payable within one year | 42/48 | €2,578 | €2,985 | +€407 | +15.8% |
| Trade debts | 44 | €2,578 | €998 | -€1,579 | -61.3% |
| Suppliers | 440/4 | €2,578 | €998 | -€1,579 | -61.3% |
| Other amounts payable | 47/48 | - | €1,987 | +€1,987 | |
| Accrued charges and deferred income | 492/3 | €705 | €600 | -€105 | -14.9% |
| Non-recurring operating income | 76A | €19,731 | - | -€19,731 | |
| Remuneration, social security and pensions | 62 | €48,355 | €3,670 | -€44,685 | -92.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,169 | €9,532 | -€637 | -6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€39,559 | - | +€39,559 | |
| Other operating charges | 640/8 | €9,250 | €2,660 | -€6,590 | -71.2% |
| Gross operating margin | 9900 | -€75,083 | €27,046 | +€102,129 | |
| Operating profit (loss) | 9901 | -€103,297 | €11,185 | +€114,482 | |
| Financial income | 75/76B | €45,569 | €34,480 | -€11,089 | -24.3% |
| Recurring financial income | 75 | €45,569 | €34,480 | -€11,089 | -24.3% |
| Financial charges | 65/66B | €22,571 | €608 | -€21,963 | -97.3% |
| Recurring financial charges | 65 | €1,194 | €608 | -€586 | -49.1% |
| Non-recurring financial charges | 66B | €21,377 | - | -€21,377 | |
| Profit (loss) for the period before taxes | 9903 | -€80,299 | €45,057 | +€125,356 | |
| Income taxes | 67/77 | €165 | - | -€165 | |
| Profit (loss) for the period | 9904 | -€80,465 | €45,057 | +€125,522 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,465 | €45,057 | +€125,522 |
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 3 October 2026 via checked.be.