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BEMM: 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.

What changed

BEMM

BE 0457.053.904
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1,824
2023 · €15,651-€13,827
Equity
€864,848
2023 · €880,050-€15,203
Cash
€6,032
2023 · €60,740-€54,708
Balance sheet total
€950,980
2023 · €1.0m-€54,968

Largest movements

2023 to 2024
Assets
  • Receivables after one year +€290,125

    new in 2024: €290,125

  • Receivables within one year -€182,471

    down €182,471 (-98.7%), from €184,824 to €2,353

  • Current investments -€120,240

    no longer reported in 2024 (was €120,240)

  • Cash -€54,708

    down €54,708 (-90.1%), from €60,740 to €6,032

    mainly Receivables after one year (-€290,125) and Investment in fixed assets (net) (-€40,713)

  • Tangible fixed assets +€12,311

    up €12,311 (+1.9%), from €639,769 to €652,080

Equity and liabilities
  • Short-term financial debts -€20,291

    down €20,291 (-56.8%), from €35,707 to €15,416

  • Debts after one year -€19,482

    down €19,482 (-57.6%), from €33,841 to €14,358

  • Reserves -€17,027

    down €17,027 (-3.2%), from €534,800 to €517,773

    of which Tax-exempt reserves: -€17,027

Income statement
  • Taxes +€30,839

    up €30,839 (+788.1%), from €3,913 to €34,752

  • Purchases and services +€17,074

    new in 2024: €17,074

  • Gross operating margin +€10,931

    up €10,931 (+19.7%), from €55,354 to €66,285

  • Financial income +€7,183

    up €7,183 (+1822.8%), from €394 to €7,577

  • Depreciation +€761

    up €761 (+2.8%), from €27,641 to €28,402

From the 2023 result to the 2024 result

effect on the 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 2023 €15,651
Gross operating margin +€10,931
Depreciation -€761
Other operating charges -€450
Financial income +€7,183
Financial charges +€110
Taxes -€30,839
Result 2024 €1,824

Cash bridge derived

cash 2023 to 2024

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.

From operations -€77,435
Investment +€79,527
Financing -€56,800
Cash 2023 €60,740
Net result for the year +€1,824
Depreciation +€28,402
Receivables after one year -€290,125
Receivables within one year +€182,471
Deferred charges and accrued income -€15
Provisions -€6,277
Trade debts -€2,995
Tax, wage and social debts +€7,779
Accrued charges and deferred income +€1,500
Investment in fixed assets (net) -€40,713
Current investments +€120,240
Debts after one year -€19,482
Short-term financial debts -€20,291
Contributions, distributions and other -€17,027
Cash 2024 €6,032
Every line side by side 52 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,005,948 €950,980 -€54,968 -5.5%
Fixed assets 21/28 €639,769 €652,080 +€12,311 +1.9%
Tangible fixed assets 22/27 €639,769 €652,080 +€12,311 +1.9%
Land and buildings 22 €639,769 €652,080 +€12,311 +1.9%
Current assets 29/58 €366,179 €298,900 -€67,279 -18.4%
Amounts receivable after more than one year 29 - €290,125 +€290,125
Other amounts receivable 291 - €290,125 +€290,125
Amounts receivable within one year 40/41 €184,824 €2,353 -€182,471 -98.7%
Other amounts receivable 41 €184,824 €2,353 -€182,471 -98.7%
Current investments 50/53 €120,240 - -€120,240
Cash at bank and in hand 54/58 €60,740 €6,032 -€54,708 -90.1%
Deferred charges and accrued income 490/1 €375 €390 +€15 +4.0%
Total equity and liabilities 10/49 €1,005,948 €950,980 -€54,968 -5.5%
Equity 10/15 €880,050 €864,848 -€15,203 -1.7%
Contributions 10/11 €62,333 €62,333 = 0.0%
Capital 10 €62,333 €62,333 = 0.0%
Issued capital 100 €62,333 €62,333 = 0.0%
Reserves 13 €534,800 €517,773 -€17,027 -3.2%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Tax-exempt reserves 132 €87,706 €70,680 -€17,027 -19.4%
Distributable reserves 133 €440,894 €440,894 = 0.0%
Profit (loss) carried forward 14 €282,918 €284,742 +€1,824 +0.6%
Provisions and deferred taxes 16 €18,327 €12,050 -€6,277 -34.2%
Provisions for liabilities and charges 160/5 €18,327 €12,050 -€6,277 -34.2%
Environmental obligations 163 €18,327 €12,050 -€6,277 -34.2%
Amounts payable 17/49 €107,571 €74,082 -€33,489 -31.1%
Amounts payable after more than one year 17 €33,841 €14,358 -€19,482 -57.6%
Financial debts 170/4 €33,841 €14,358 -€19,482 -57.6%
Amounts payable within one year 42/48 €73,730 €58,224 -€15,506 -21.0%
Financial debts 43 €35,707 €15,416 -€20,291 -56.8%
Credit institutions 430/8 €35,707 €15,416 -€20,291 -56.8%
Trade debts 44 €6,040 €3,046 -€2,995 -49.6%
Suppliers 440/4 €6,040 €3,046 -€2,995 -49.6%
Taxes, remuneration and social security 45 €21,920 €29,699 +€7,779 +35.5%
Taxes 450/3 €21,920 €29,699 +€7,779 +35.5%
Other amounts payable 47/48 €10,064 €10,064 = 0.0%
Accrued charges and deferred income 492/3 - €1,500 +€1,500
Non-recurring operating income 76A €23,304 €23,304 = 0.0%
Goods, raw materials, services and sundry goods 60/61 - €17,074 +€17,074
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €27,641 €28,402 +€761 +2.8%
Other operating charges 640/8 €7,055 €7,505 +€450 +6.4%
Gross operating margin 9900 €55,354 €66,285 +€10,931 +19.7%
Operating profit (loss) 9901 €20,658 €30,378 +€9,720 +47.1%
Financial income 75/76B €394 €7,577 +€7,183 +1822.8%
Recurring financial income 75 €394 €7,577 +€7,183 +1822.8%
Financial charges 65/66B €1,488 €1,378 -€110 -7.4%
Recurring financial charges 65 €1,488 €1,378 -€110 -7.4%
Profit (loss) for the period before taxes 9903 €19,564 €36,576 +€17,012 +87.0%
Income taxes 67/77 €3,913 €34,752 +€30,839 +788.1%
Profit (loss) for the period 9904 €15,651 €1,824 -€13,827 -88.3%
Profit (loss) for the period to be appropriated 9905 €15,651 €1,824 -€13,827 -88.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.