BEMINA: 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.
BEMINA
Largest movements
- Receivables within one year +€511,939
up €511,939 (+3,262%), from €15,692 to €527,630
of which Other amounts receivable: +€429,664
- Receivables after one year -€60,000
down €60,000 (-50.0%), from €120,000 to €60,000
- Other debts +€435,733
up €435,733 (+122%), from €357,149 to €792,881
- Reserves +€117,188
up €117,188 (+12.0%), from €977,986 to €1.1m
- Trade debts -€91,361
down €91,361 (-61.5%), from €148,475 to €57,114
of which Bills of exchange payable: -€103,630
- Tax, wage and social debts +€62,829
up €62,829 (+86.8%), from €72,413 to €135,242
- Debts after one year -€56,672
down €56,672 (-21.6%), from €262,348 to €205,676
- Gross operating margin +€400,020
up €400,020 (+1,278%), from €31,303 to €431,323
- Financial income -€251,008
down €251,008 (-97.9%), from €256,277 to €5,269
- Taxes +€89,803
up €89,803 (+423%), from €21,251 to €111,054
- Financial charges -€8,131
down €8,131 (-21.2%), from €38,286 to €30,155
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 | €1,916,909 | €2,351,360 | +€434,451 | +22.7% |
| Fixed assets | 21/28 | €1,769,818 | €1,752,390 | -€17,428 | -1.0% |
| Tangible fixed assets | 22/27 | €259,640 | €242,212 | -€17,428 | -6.7% |
| Land and buildings | 22 | €218,721 | €213,732 | -€4,989 | -2.3% |
| Furniture and vehicles | 24 | €40,919 | €28,480 | -€12,439 | -30.4% |
| Financial fixed assets | 28 | €1,510,178 | €1,510,178 | = | 0.0% |
| Current assets | 29/58 | €147,091 | €598,970 | +€451,879 | +307% |
| Amounts receivable after more than one year | 29 | €120,000 | €60,000 | -€60,000 | -50.0% |
| Other amounts receivable | 291 | €120,000 | €60,000 | -€60,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €15,692 | €527,630 | +€511,939 | +3,262% |
| Trade receivables | 40 | - | €82,275 | +€82,275 | |
| Other amounts receivable | 41 | €15,692 | €445,356 | +€429,664 | +2,738% |
| Cash at bank and in hand | 54/58 | €3,800 | €6,279 | +€2,479 | +65.2% |
| Deferred charges and accrued income | 490/1 | €7,599 | €5,061 | -€2,539 | -33.4% |
| Total equity and liabilities | 10/49 | €1,916,909 | €2,351,360 | +€434,451 | +22.7% |
| Equity | 10/15 | €996,586 | €1,113,775 | +€117,188 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €977,986 | €1,095,175 | +€117,188 | +12.0% |
| Distributable reserves | 133 | €977,986 | €1,095,175 | +€117,188 | +12.0% |
| Amounts payable | 17/49 | €920,323 | €1,237,585 | +€317,262 | +34.5% |
| Amounts payable after more than one year | 17 | €262,348 | €205,676 | -€56,672 | -21.6% |
| Financial debts | 170/4 | €262,348 | €205,676 | -€56,672 | -21.6% |
| Amounts payable within one year | 42/48 | €656,939 | €1,031,909 | +€374,970 | +57.1% |
| Current portion of amounts payable after more than one year | 42 | €78,902 | €46,672 | -€32,230 | -40.8% |
| Trade debts | 44 | €148,475 | €57,114 | -€91,361 | -61.5% |
| Suppliers | 440/4 | €44,845 | €57,114 | +€12,269 | +27.4% |
| Bills of exchange payable | 441 | €103,630 | - | -€103,630 | |
| Taxes, remuneration and social security | 45 | €72,413 | €135,242 | +€62,829 | +86.8% |
| Taxes | 450/3 | €72,413 | €135,242 | +€62,829 | +86.8% |
| Other amounts payable | 47/48 | €357,149 | €792,881 | +€435,733 | +122% |
| Accrued charges and deferred income | 492/3 | €1,036 | - | -€1,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,446 | €17,428 | -€18 | -0.1% |
| Other operating charges | 640/8 | €2,264 | €1,766 | -€498 | -22.0% |
| Gross operating margin | 9900 | €31,303 | €431,323 | +€400,020 | +1,278% |
| Operating profit (loss) | 9901 | €11,592 | €412,128 | +€400,536 | +3,455% |
| Financial income | 75/76B | €256,277 | €5,269 | -€251,008 | -97.9% |
| Recurring financial income | 75 | €256,277 | €5,269 | -€251,008 | -97.9% |
| Financial charges | 65/66B | €38,286 | €30,155 | -€8,131 | -21.2% |
| Recurring financial charges | 65 | €38,286 | €30,155 | -€8,131 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €229,583 | €387,242 | +€157,659 | +68.7% |
| Income taxes | 67/77 | €21,251 | €111,054 | +€89,803 | +423% |
| Profit (loss) for the period | 9904 | €208,332 | €276,188 | +€67,856 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €208,332 | €276,188 | +€67,856 | +32.6% |
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 24 October 2026 via checked.be.