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BLEMA: 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

BLEMA

BE 0443.662.063
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,483
2024 · -€1,188+€2,671
Equity
€354,171
2024 · €352,687+€1,483
Cash
€273,443
2024 · €267,902+€5,541
Balance sheet total
€390,262
2024 · €382,494+€7,768

Largest movements

2024 to 2025
Assets
  • Cash +€5,541

    up €5,541 (+2.1%), from €267,902 to €273,443

    mainly Other debts (+€6,112) and Net result for the year (+€1,483)

Equity and liabilities
  • Other debts +€6,112

    up €6,112 (+22.1%), from €27,685 to €33,797

Income statement
  • Gross operating margin +€3,186

    up €3,186 (+129.1%), from €2,468 to €5,655

  • Taxes +€310

    new in 2025: €310

  • Financial charges +€175

    up €175 (+10.1%), from €1,730 to €1,905

From the 2024 result to the 2025 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 2024 -€1,188
Gross operating margin +€3,186
Depreciation -€35
Other operating charges -€21
Financial income +€26
Financial charges -€175
Taxes -€310
Result 2025 €1,483

Cash bridge derived

cash 2024 to 2025

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.

From operations +€8,990
Investment -€3,449
Financing €0
Cash 2024 €267,902
Net result for the year +€1,483
Depreciation +€1,229
Deferred charges and accrued income -€7
Tax, wage and social debts +€172
Other debts +€6,112
Investment in fixed assets (net) -€3,449
Cash 2025 €273,443
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €382,494 €390,262 +€7,768 +2.0%
Fixed assets 21/28 €114,441 €116,661 +€2,220 +1.9%
Tangible fixed assets 22/27 €114,441 €116,661 +€2,220 +1.9%
Land and buildings 22 €114,156 €116,622 +€2,466 +2.2%
Plant, machinery and equipment 23 €285 €39 -€247 -86.5%
Current assets 29/58 €268,053 €273,601 +€5,549 +2.1%
Cash at bank and in hand 54/58 €267,902 €273,443 +€5,541 +2.1%
Deferred charges and accrued income 490/1 €151 €158 +€7 +4.7%
Total equity and liabilities 10/49 €382,494 €390,262 +€7,768 +2.0%
Equity 10/15 €352,687 €354,171 +€1,483 +0.4%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €291,875 €292,171 +€295 +0.1%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Distributable reserves 133 €285,675 €285,971 +€295 +0.1%
Profit (loss) carried forward 14 -€1,188 - +€1,188
Amounts payable 17/49 €29,807 €36,092 +€6,285 +21.1%
Amounts payable within one year 42/48 €28,378 €34,663 +€6,285 +22.1%
Taxes, remuneration and social security 45 €694 €866 +€172 +24.9%
Taxes 450/3 €694 €866 +€172 +24.9%
Other amounts payable 47/48 €27,685 €33,797 +€6,112 +22.1%
Accrued charges and deferred income 492/3 €1,428 €1,428 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,194 €1,229 +€35 +2.9%
Other operating charges 640/8 €737 €758 +€21 +2.9%
Gross operating margin 9900 €2,468 €5,655 +€3,186 +129.1%
Operating profit (loss) 9901 €538 €3,668 +€3,130 +582.3%
Financial income 75/76B €5 €31 +€26 +560.2%
Recurring financial income 75 €5 €31 +€26 +560.2%
Financial charges 65/66B €1,730 €1,905 +€175 +10.1%
Recurring financial charges 65 €1,730 €1,905 +€175 +10.1%
Profit (loss) for the period before taxes 9903 -€1,188 €1,793 +€2,981
Income taxes 67/77 - €310 +€310
Profit (loss) for the period 9904 -€1,188 €1,483 +€2,671
Profit (loss) for the period to be appropriated 9905 -€1,188 €1,483 +€2,671

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 29 September 2026 via checked.be.