BEMERS: 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.
BEMERS
Largest movements
- Tangible fixed assets -€157,975
down €157,975 (-99.3%), from €159,113 to €1,138
of which Land and buildings: -€153,378
- Current investments +€139,166
up €139,166 (+719.5%), from €19,342 to €158,508
- Cash -€116,586
down €116,586 (-82.9%), from €140,588 to €24,003
mainly Debts after one year (-€200,000) and Current investments (-€139,166)
- Receivables within one year +€47,575
up €47,575 (+193.9%), from €24,541 to €72,115
- Debts after one year -€200,000
no longer reported in 2025 (was €200,000)
- Reserves +€177,600
up €177,600 (+380.8%), from €46,642 to €224,242
of which Distributable reserves: +€180,699
- Revaluation surpluses -€75,000
no longer reported in 2025 (was €75,000)
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Profit (loss) carried forward +€11,549
up €11,549, from -€11,317 to €232
- Gross operating margin +€150,158
up €150,158 (+181.9%), from €82,540 to €232,698
- Taxes +€49,061
up €49,061 (+279.9%), from €17,529 to €66,590
- Financial income +€23,840
up €23,840 (+2318.5%), from €1,028 to €24,869
- Provisions -€7,105
down €7,105, from €3,261 to -€3,844
- Depreciation -€3,277
down €3,277 (-25.6%), from €12,817 to €9,540
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 | €346,957 | €257,997 | -€88,960 | -25.6% |
| Fixed assets | 21/28 | €159,259 | €1,283 | -€157,975 | -99.2% |
| Tangible fixed assets | 22/27 | €159,113 | €1,138 | -€157,975 | -99.3% |
| Land and buildings | 22 | €153,378 | - | -€153,378 | |
| Plant, machinery and equipment | 23 | €138 | - | -€138 | |
| Furniture and vehicles | 24 | €5,597 | €1,138 | -€4,460 | -79.7% |
| Financial fixed assets | 28 | €146 | €146 | = | 0.0% |
| Current assets | 29/58 | €187,698 | €256,714 | +€69,016 | +36.8% |
| Amounts receivable within one year | 40/41 | €24,541 | €72,115 | +€47,575 | +193.9% |
| Trade receivables | 40 | €24,541 | €72,115 | +€47,575 | +193.9% |
| Current investments | 50/53 | €19,342 | €158,508 | +€139,166 | +719.5% |
| Cash at bank and in hand | 54/58 | €140,588 | €24,003 | -€116,586 | -82.9% |
| Deferred charges and accrued income | 490/1 | €3,227 | €2,088 | -€1,139 | -35.3% |
| Total equity and liabilities | 10/49 | €346,957 | €257,997 | -€88,960 | -25.6% |
| Equity | 10/15 | €128,925 | €224,474 | +€95,549 | +74.1% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Revaluation surpluses | 12 | €75,000 | - | -€75,000 | |
| Reserves | 13 | €46,642 | €224,242 | +€177,600 | +380.8% |
| Non-distributable reserves | 130/1 | €3,099 | - | -€3,099 | |
| Reserves not available under the articles | 1311 | €3,099 | - | -€3,099 | |
| Distributable reserves | 133 | €43,543 | €224,242 | +€180,699 | +415.0% |
| Profit (loss) carried forward | 14 | -€11,317 | €232 | +€11,549 | |
| Amounts payable | 17/49 | €218,032 | €33,523 | -€184,509 | -84.6% |
| Amounts payable after more than one year | 17 | €200,000 | - | -€200,000 | |
| Financial debts | 170/4 | €200,000 | - | -€200,000 | |
| Amounts payable within one year | 42/48 | €18,032 | €33,523 | +€15,491 | +85.9% |
| Current portion of amounts payable after more than one year | 42 | €405 | - | -€405 | |
| Trade debts | 44 | €1,317 | €7,098 | +€5,780 | +438.8% |
| Suppliers | 440/4 | €1,317 | €7,098 | +€5,780 | +438.8% |
| Taxes, remuneration and social security | 45 | €14,981 | €25,499 | +€10,518 | +70.2% |
| Taxes | 450/3 | €14,821 | €25,499 | +€10,678 | +72.0% |
| Remuneration and social security | 454/9 | €160 | - | -€160 | |
| Other amounts payable | 47/48 | €1,328 | €926 | -€402 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,817 | €9,540 | -€3,277 | -25.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,261 | -€3,844 | -€7,105 | |
| Other operating charges | 640/8 | €2,833 | €2,769 | -€64 | -2.3% |
| Gross operating margin | 9900 | €82,540 | €232,698 | +€150,158 | +181.9% |
| Operating profit (loss) | 9901 | €63,630 | €224,233 | +€160,603 | +252.4% |
| Financial income | 75/76B | €1,028 | €24,869 | +€23,840 | +2318.5% |
| Recurring financial income | 75 | €1,028 | €24,869 | +€23,840 | +2318.5% |
| Financial charges | 65/66B | €9,629 | €11,963 | +€2,333 | +24.2% |
| Recurring financial charges | 65 | €9,629 | €11,963 | +€2,333 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €55,029 | €237,139 | +€182,110 | +330.9% |
| Income taxes | 67/77 | €17,529 | €66,590 | +€49,061 | +279.9% |
| Profit (loss) for the period | 9904 | €37,500 | €170,549 | +€133,049 | +354.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,500 | €170,549 | +€133,049 | +354.8% |
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 4 October 2026 via checked.be.