B.D.M. EXPRESS: 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.
B.D.M. EXPRESS
Largest movements
- Cash -€2,991
down €2,991 (-8.5%), from €35,074 to €32,083
mainly Contributions, distributions and other (-€34,295) and Receivables within one year (-€2,943)
- Receivables within one year +€2,943
up €2,943 (+102.6%), from €2,868 to €5,811
- Deferred charges and accrued income -€894
no longer reported in 2026 (was €894)
- Tangible fixed assets -€488
no longer reported in 2026 (was €488)
- Other debts +€37,464
new in 2026: €37,464
- Contributions -€19,000
no longer reported in 2026 (was €19,000)
- Profit (loss) carried forward -€15,221
no longer reported in 2026 (was €15,221)
- Tax, wage and social debts -€2,243
no longer reported in 2026 (was €2,243)
- Reserves -€1,900
no longer reported in 2026 (was €1,900)
- Depreciation -€1,447
no longer reported in 2026 (was €1,447)
- Gross operating margin +€618
up €618 (+30.4%), from -€2,033 to -€1,416
- Other operating charges -€575
no longer reported in 2026 (was €575)
- Financial charges +€121
up €121 (+51.8%), from €233 to €354
- Taxes -€75
down €75 (-57.1%), from €132 to €57
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,324 | €37,894 | -€1,430 | -3.6% |
| Fixed assets | 21/28 | €488 | - | -€488 | |
| Tangible fixed assets | 22/27 | €488 | - | -€488 | |
| Furniture and vehicles | 24 | €488 | - | -€488 | |
| Current assets | 29/58 | €38,836 | €37,894 | -€942 | -2.4% |
| Amounts receivable within one year | 40/41 | €2,868 | €5,811 | +€2,943 | +102.6% |
| Other amounts receivable | 41 | €2,868 | €5,811 | +€2,943 | +102.6% |
| Cash at bank and in hand | 54/58 | €35,074 | €32,083 | -€2,991 | -8.5% |
| Deferred charges and accrued income | 490/1 | €894 | - | -€894 | |
| Total equity and liabilities | 10/49 | €39,324 | €37,894 | -€1,430 | -3.6% |
| Equity | 10/15 | €36,121 | - | -€36,121 | |
| Contributions | 10/11 | €19,000 | - | -€19,000 | |
| Reserves | 13 | €1,900 | - | -€1,900 | |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | €1,900 | - | -€1,900 | |
| Profit (loss) carried forward | 14 | €15,221 | - | -€15,221 | |
| Amounts payable | 17/49 | €3,203 | €37,894 | +€34,692 | +1083.2% |
| Amounts payable within one year | 42/48 | €2,336 | €37,464 | +€35,129 | +1504.0% |
| Trade debts | 44 | €93 | - | -€93 | |
| Suppliers | 440/4 | €93 | - | -€93 | |
| Taxes, remuneration and social security | 45 | €2,243 | - | -€2,243 | |
| Taxes | 450/3 | €2,243 | - | -€2,243 | |
| Other amounts payable | 47/48 | - | €37,464 | +€37,464 | |
| Accrued charges and deferred income | 492/3 | €867 | €430 | -€437 | -50.4% |
| Non-recurring operating income | 76A | - | €612 | +€612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,447 | - | -€1,447 | |
| Other operating charges | 640/8 | €575 | - | -€575 | |
| Gross operating margin | 9900 | -€2,033 | -€1,416 | +€618 | +30.4% |
| Operating profit (loss) | 9901 | -€4,056 | -€1,416 | +€2,640 | +65.1% |
| Financial charges | 65/66B | €233 | €354 | +€121 | +51.8% |
| Recurring financial charges | 65 | €233 | €354 | +€121 | +51.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,289 | -€1,770 | +€2,519 | +58.7% |
| Income taxes | 67/77 | €132 | €57 | -€75 | -57.1% |
| Profit (loss) for the period | 9904 | -€4,421 | -€1,826 | +€2,594 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,421 | -€1,826 | +€2,594 | +58.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2025 and 28 September 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.