BEMICO: 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.
BEMICO
Largest movements
- Receivables within one year +€57,865
up €57,865 (+132.1%), from €43,792 to €101,657
of which Trade receivables: +€74,693
- Stocks and contracts +€52,509
up €52,509 (+137.9%), from €38,087 to €90,596
- Cash +€14,563
up €14,563 (+63.1%), from €23,094 to €37,657
mainly Net result for the year (+€47,595) and Other debts (+€33,625)
- Tangible fixed assets -€8,643
down €8,643 (-3.9%), from €223,702 to €215,059
of which Other tangible fixed assets: -€11,345
- Profit (loss) carried forward +€47,595
up €47,595 (+93.5%), from €50,927 to €98,522
- Other debts +€33,625
up €33,625 (+2505.9%), from €1,342 to €34,966
- Debts after one year +€26,800
up €26,800 (+22.4%), from €119,864 to €146,664
- Short-term financial debts -€19,938
down €19,938 (-99.7%), from €20,006 to €68
- Tax, wage and social debts +€16,438
up €16,438 (+182.3%), from €9,015 to €25,454
of which Taxes: +€13,605
- Gross operating margin +€118,366
up €118,366 (+349.2%), from €33,900 to €152,266
- Staff costs +€36,312
new in 2024: €36,312
- Depreciation +€20,902
up €20,902 (+168.4%), from €12,409 to €33,311
- Taxes +€17,322
up €17,322 (+527.7%), from €3,283 to €20,605
- Financial charges +€2,874
up €2,874 (+27.4%), from €10,475 to €13,349
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,324 | €449,483 | +€116,158 | +34.8% |
| Fixed assets | 21/28 | €227,554 | €218,910 | -€8,643 | -3.8% |
| Tangible fixed assets | 22/27 | €223,702 | €215,059 | -€8,643 | -3.9% |
| Furniture and vehicles | 24 | €14,455 | €17,157 | +€2,701 | +18.7% |
| Other tangible fixed assets | 26 | €209,247 | €197,902 | -€11,345 | -5.4% |
| Financial fixed assets | 28 | €3,852 | €3,852 | = | 0.0% |
| Current assets | 29/58 | €105,771 | €230,573 | +€124,802 | +118.0% |
| Stocks and contracts in progress | 3 | €38,087 | €90,596 | +€52,509 | +137.9% |
| Stocks | 30/36 | €38,087 | €90,596 | +€52,509 | +137.9% |
| Amounts receivable within one year | 40/41 | €43,792 | €101,657 | +€57,865 | +132.1% |
| Trade receivables | 40 | €23,553 | €98,245 | +€74,693 | +317.1% |
| Other amounts receivable | 41 | €20,240 | €3,412 | -€16,828 | -83.1% |
| Cash at bank and in hand | 54/58 | €23,094 | €37,657 | +€14,563 | +63.1% |
| Deferred charges and accrued income | 490/1 | €797 | €662 | -€135 | -16.9% |
| Total equity and liabilities | 10/49 | €333,324 | €449,483 | +€116,158 | +34.8% |
| Equity | 10/15 | €67,927 | €115,522 | +€47,595 | +70.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,927 | €98,522 | +€47,595 | +93.5% |
| Amounts payable | 17/49 | €265,397 | €333,961 | +€68,564 | +25.8% |
| Amounts payable after more than one year | 17 | €119,864 | €146,664 | +€26,800 | +22.4% |
| Financial debts | 170/4 | €119,864 | €146,664 | +€26,800 | +22.4% |
| Amounts payable within one year | 42/48 | €145,533 | €187,296 | +€41,763 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €14,731 | €23,865 | +€9,134 | +62.0% |
| Financial debts | 43 | €20,006 | €68 | -€19,938 | -99.7% |
| Credit institutions | 430/8 | €20,006 | €68 | -€19,938 | -99.7% |
| Trade debts | 44 | €99,149 | €101,653 | +€2,504 | +2.5% |
| Suppliers | 440/4 | €99,149 | €101,653 | +€2,504 | +2.5% |
| Advances received on contracts in progress | 46 | €1,290 | €1,290 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,015 | €25,454 | +€16,438 | +182.3% |
| Taxes | 450/3 | - | €13,605 | +€13,605 | |
| Remuneration and social security | 454/9 | €9,015 | €11,848 | +€2,833 | +31.4% |
| Other amounts payable | 47/48 | €1,342 | €34,966 | +€33,625 | +2505.9% |
| Remuneration, social security and pensions | 62 | - | €36,312 | +€36,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,409 | €33,311 | +€20,902 | +168.4% |
| Other operating charges | 640/8 | €3,104 | €1,957 | -€1,146 | -36.9% |
| Gross operating margin | 9900 | €33,900 | €152,266 | +€118,366 | +349.2% |
| Operating profit (loss) | 9901 | €18,388 | €80,686 | +€62,298 | +338.8% |
| Financial income | 75/76B | €751 | €863 | +€112 | +14.9% |
| Recurring financial income | 75 | €751 | €863 | +€112 | +14.9% |
| Financial charges | 65/66B | €10,475 | €13,349 | +€2,874 | +27.4% |
| Recurring financial charges | 65 | €10,475 | €13,349 | +€2,874 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €8,664 | €68,200 | +€59,536 | +687.2% |
| Income taxes | 67/77 | €3,283 | €20,605 | +€17,322 | +527.7% |
| Profit (loss) for the period | 9904 | €5,381 | €47,595 | +€42,214 | +784.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,381 | €47,595 | +€42,214 | +784.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.