B&M: 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.
B&M
Largest movements
- Cash -€509,188
down €509,188 (-99.1%), from €514,002 to €4,814
mainly Net result for the year (-€492,875) and Debts after one year (-€28,539)
- Profit (loss) carried forward -€492,875
down €492,875 (-31.9%), from -€1.5m to -€2.0m
- Gross operating margin -€359,455
down €359,455 (-82.0%), from €438,573 to €79,117
- Provisions +€30,400
new in 2025: €30,400
- Financial charges +€9,536
up €9,536 (+1.9%), from €503,167 to €512,703
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 | €10,317,069 | €9,834,993 | -€482,075 | -4.7% |
| Fixed assets | 21/28 | €60,000 | €80,000 | +€20,000 | +33.3% |
| Financial fixed assets | 28 | €60,000 | €80,000 | +€20,000 | +33.3% |
| Current assets | 29/58 | €10,257,069 | €9,754,993 | -€502,075 | -4.9% |
| Stocks and contracts in progress | 3 | €9,739,554 | €9,743,365 | +€3,812 | 0.0% |
| Stocks | 30/36 | €9,739,554 | €9,743,365 | +€3,812 | 0.0% |
| Amounts receivable within one year | 40/41 | €3,513 | €6,814 | +€3,301 | +94.0% |
| Trade receivables | 40 | €3,513 | €6,814 | +€3,301 | +94.0% |
| Cash at bank and in hand | 54/58 | €514,002 | €4,814 | -€509,188 | -99.1% |
| Total equity and liabilities | 10/49 | €10,317,069 | €9,834,993 | -€482,075 | -4.7% |
| Equity | 10/15 | -€1,476,990 | -€1,969,865 | -€492,875 | -33.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,545,161 | -€2,038,036 | -€492,875 | -31.9% |
| Provisions and deferred taxes | 16 | - | €30,400 | +€30,400 | |
| Provisions for liabilities and charges | 160/5 | - | €30,400 | +€30,400 | |
| Other liabilities and charges | 164/5 | - | €30,400 | +€30,400 | |
| Amounts payable | 17/49 | €11,794,059 | €11,774,458 | -€19,601 | -0.2% |
| Amounts payable after more than one year | 17 | €11,773,261 | €11,744,722 | -€28,539 | -0.2% |
| Financial debts | 170/4 | €11,773,261 | €11,744,722 | -€28,539 | -0.2% |
| Amounts payable within one year | 42/48 | €19,798 | €28,736 | +€8,938 | +45.1% |
| Trade debts | 44 | €15,132 | €22,681 | +€7,549 | +49.9% |
| Suppliers | 440/4 | €15,132 | €22,681 | +€7,549 | +49.9% |
| Advances received on contracts in progress | 46 | €4,666 | €6,055 | +€1,389 | +29.8% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | €291,446 | - | -€291,446 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €30,400 | +€30,400 | |
| Other operating charges | 640/8 | €27,951 | €28,894 | +€943 | +3.4% |
| Gross operating margin | 9900 | €438,573 | €79,117 | -€359,455 | -82.0% |
| Operating profit (loss) | 9901 | €410,622 | €19,823 | -€390,798 | -95.2% |
| Financial income | 75/76B | €1 | €5 | +€4 | +843.4% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +843.4% |
| Financial charges | 65/66B | €503,167 | €512,703 | +€9,536 | +1.9% |
| Recurring financial charges | 65 | €503,167 | €512,703 | +€9,536 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€92,545 | -€492,875 | -€400,330 | -432.6% |
| Profit (loss) for the period | 9904 | -€92,545 | -€492,875 | -€400,330 | -432.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,545 | -€492,875 | -€400,330 | -432.6% |
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.