BEVEMA: 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.
BEVEMA
Largest movements
- Current investments +€515,658
new in 2025: €515,658
- Financial fixed assets +€341,600
up €341,600 (+1469.2%), from €23,250 to €364,850
- Cash -€146,891
down €146,891 (-78.3%), from €187,679 to €40,788
mainly Current investments (-€515,658) and Investment in fixed assets (net) (-€346,586)
- Tangible fixed assets -€141,566
down €141,566 (-12.9%), from €1.1m to €958,421
of which Land and buildings: -€103,830
- Receivables within one year +€75,207
up €75,207 (+22.9%), from €328,880 to €404,087
of which Trade receivables: +€76,864
- Debts after one year +€614,671
up €614,671 (+993.8%), from €61,850 to €676,522
- Current portion of long-term debt +€97,715
up €97,715 (+718.8%), from €13,594 to €111,309
- Profit (loss) carried forward -€73,150
new in 2025: -€73,150
- Financial income -€48,456
down €48,456 (-76.8%), from €63,094 to €14,638
of which Non-recurring financial income: -€61,433
- Financial charges +€46,345
up €46,345 (+1091.8%), from €4,245 to €50,590
of which Non-recurring financial charges: +€39,606
- Depreciation -€41,054
down €41,054 (-22.2%), from €185,023 to €143,968
- Gross operating margin -€14,771
down €14,771 (-7.5%), from €197,221 to €182,450
- Other operating charges -€8,208
down €8,208 (-12.6%), from €65,285 to €57,077
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 | €1,718,120 | €2,364,711 | +€646,592 | +37.6% |
| Fixed assets | 21/28 | €1,201,561 | €1,404,178 | +€202,617 | +16.9% |
| Intangible fixed assets | 21 | €78,324 | €80,907 | +€2,583 | +3.3% |
| Tangible fixed assets | 22/27 | €1,099,987 | €958,421 | -€141,566 | -12.9% |
| Land and buildings | 22 | €908,853 | €805,023 | -€103,830 | -11.4% |
| Plant, machinery and equipment | 23 | €140,576 | €135,431 | -€5,146 | -3.7% |
| Furniture and vehicles | 24 | €50,558 | €17,967 | -€32,591 | -64.5% |
| Financial fixed assets | 28 | €23,250 | €364,850 | +€341,600 | +1469.2% |
| Current assets | 29/58 | €516,559 | €960,533 | +€443,974 | +85.9% |
| Amounts receivable within one year | 40/41 | €328,880 | €404,087 | +€75,207 | +22.9% |
| Trade receivables | 40 | €93,907 | €170,772 | +€76,864 | +81.9% |
| Other amounts receivable | 41 | €234,973 | €233,316 | -€1,657 | -0.7% |
| Current investments | 50/53 | - | €515,658 | +€515,658 | |
| Cash at bank and in hand | 54/58 | €187,679 | €40,788 | -€146,891 | -78.3% |
| Total equity and liabilities | 10/49 | €1,718,120 | €2,364,711 | +€646,592 | +37.6% |
| Equity | 10/15 | €1,494,380 | €1,404,846 | -€89,534 | -6.0% |
| Contributions | 10/11 | €788,301 | €788,301 | = | 0.0% |
| Capital | 10 | €101,512 | €101,512 | = | 0.0% |
| Issued capital | 100 | €101,512 | €101,512 | = | 0.0% |
| Outside capital | 11 | €686,789 | €686,789 | = | 0.0% |
| Share premium | 1100/10 | €686,789 | €686,789 | = | 0.0% |
| Reserves | 13 | €706,079 | €689,695 | -€16,384 | -2.3% |
| Non-distributable reserves | 130/1 | €10,151 | €525,809 | +€515,658 | +5079.8% |
| Legal reserve | 130 | €10,151 | €10,151 | = | 0.0% |
| Own shares acquired | 1312 | - | €515,658 | +€515,658 | |
| Distributable reserves | 133 | €695,927 | €163,886 | -€532,042 | -76.5% |
| Profit (loss) carried forward | 14 | - | -€73,150 | -€73,150 | |
| Provisions and deferred taxes | 16 | €102,850 | €102,850 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €102,850 | €102,850 | = | 0.0% |
| Pensions and similar obligations | 160 | €102,850 | €102,850 | = | 0.0% |
| Amounts payable | 17/49 | €120,890 | €857,015 | +€736,125 | +608.9% |
| Amounts payable after more than one year | 17 | €61,850 | €676,522 | +€614,671 | +993.8% |
| Financial debts | 170/4 | €61,850 | €676,522 | +€614,671 | +993.8% |
| Amounts payable within one year | 42/48 | €59,039 | €180,493 | +€121,454 | +205.7% |
| Current portion of amounts payable after more than one year | 42 | €13,594 | €111,309 | +€97,715 | +718.8% |
| Trade debts | 44 | €39,681 | €50,210 | +€10,529 | +26.5% |
| Suppliers | 440/4 | €39,681 | €50,210 | +€10,529 | +26.5% |
| Taxes, remuneration and social security | 45 | €3,814 | €16,344 | +€12,530 | +328.5% |
| Taxes | 450/3 | €2,000 | €15,700 | +€13,700 | +685.0% |
| Remuneration and social security | 454/9 | €1,814 | €644 | -€1,170 | -64.5% |
| Other amounts payable | 47/48 | €1,950 | €2,630 | +€680 | +34.9% |
| Remuneration, social security and pensions | 62 | €36,005 | €33,748 | -€2,257 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,023 | €143,968 | -€41,054 | -22.2% |
| Other operating charges | 640/8 | €65,285 | €57,077 | -€8,208 | -12.6% |
| Gross operating margin | 9900 | €197,221 | €182,450 | -€14,771 | -7.5% |
| Operating profit (loss) | 9901 | -€89,091 | -€52,343 | +€36,748 | +41.2% |
| Financial income | 75/76B | €63,094 | €14,638 | -€48,456 | -76.8% |
| Recurring financial income | 75 | €1,513 | €14,490 | +€12,977 | +857.8% |
| Non-recurring financial income | 76B | €61,581 | €148 | -€61,433 | -99.8% |
| Financial charges | 65/66B | €4,245 | €50,590 | +€46,345 | +1091.8% |
| Recurring financial charges | 65 | €4,245 | €10,984 | +€6,739 | +158.7% |
| Non-recurring financial charges | 66B | - | €39,606 | +€39,606 | |
| Profit (loss) for the period before taxes | 9903 | -€30,242 | -€88,295 | -€58,053 | -192.0% |
| Income taxes | 67/77 | €7,988 | €1,239 | -€6,749 | -84.5% |
| Profit (loss) for the period | 9904 | -€38,230 | -€89,534 | -€51,304 | -134.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,230 | -€89,534 | -€51,304 | -134.2% |
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 6 October 2026 via checked.be.