B & M: 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 & M
Largest movements
- Cash +€14,192
up €14,192 (+6.4%), from €222,943 to €237,135
mainly Net result for the year (+€50,962) and Depreciation (+€5,648)
- Reserves +€50,962
up €50,962 (+19.1%), from €266,244 to €317,205
- Tax, wage and social debts -€15,620
down €15,620 (-73.1%), from €21,370 to €5,750
of which Taxes: -€10,312
- Advances received -€9,496
down €9,496 (-92.4%), from €10,281 to €785
- Trade debts -€4,057
down €4,057 (-55.4%), from €7,322 to €3,264
- Gross operating margin -€16,083
down €16,083 (-9.8%), from €164,335 to €148,252
- Taxes -€8,534
down €8,534 (-25.4%), from €33,570 to €25,036
- Staff costs +€8,484
up €8,484 (+15.0%), from €56,481 to €64,965
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.
Derived cash bridge
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 | €306,085 | €328,740 | +€22,655 | +7.4% |
| Fixed assets | 21/28 | €35,953 | €38,411 | +€2,458 | +6.8% |
| Tangible fixed assets | 22/27 | €35,953 | €38,411 | +€2,458 | +6.8% |
| Land and buildings | 22 | €24,529 | €22,511 | -€2,018 | -8.2% |
| Plant, machinery and equipment | 23 | €2,920 | €8,585 | +€5,665 | +194% |
| Furniture and vehicles | 24 | €307 | €234 | -€73 | -23.7% |
| Other tangible fixed assets | 26 | €8,197 | €7,081 | -€1,116 | -13.6% |
| Current assets | 29/58 | €270,132 | €290,329 | +€20,197 | +7.5% |
| Stocks and contracts in progress | 3 | €10,079 | €10,858 | +€779 | +7.7% |
| Stocks | 30/36 | €10,079 | €10,858 | +€779 | +7.7% |
| Amounts receivable within one year | 40/41 | €18,935 | €22,159 | +€3,224 | +17.0% |
| Trade receivables | 40 | €14,329 | €1,512 | -€12,817 | -89.4% |
| Other amounts receivable | 41 | €4,605 | €20,647 | +€16,041 | +348% |
| Cash at bank and in hand | 54/58 | €222,943 | €237,135 | +€14,192 | +6.4% |
| Deferred charges and accrued income | 490/1 | €18,175 | €20,177 | +€2,002 | +11.0% |
| Total equity and liabilities | 10/49 | €306,085 | €328,740 | +€22,655 | +7.4% |
| Equity | 10/15 | €266,244 | €317,205 | +€50,962 | +19.1% |
| Reserves | 13 | €266,244 | €317,205 | +€50,962 | +19.1% |
| Distributable reserves | 133 | €266,244 | €317,205 | +€50,962 | +19.1% |
| Amounts payable | 17/49 | €39,841 | €11,535 | -€28,306 | -71.0% |
| Amounts payable within one year | 42/48 | €38,973 | €9,799 | -€29,174 | -74.9% |
| Trade debts | 44 | €7,322 | €3,264 | -€4,057 | -55.4% |
| Suppliers | 440/4 | €7,322 | €3,264 | -€4,057 | -55.4% |
| Advances received on contracts in progress | 46 | €10,281 | €785 | -€9,496 | -92.4% |
| Taxes, remuneration and social security | 45 | €21,370 | €5,750 | -€15,620 | -73.1% |
| Taxes | 450/3 | €13,691 | €3,378 | -€10,312 | -75.3% |
| Remuneration and social security | 454/9 | €7,679 | €2,372 | -€5,308 | -69.1% |
| Accrued charges and deferred income | 492/3 | €868 | €1,735 | +€868 | +100% |
| Remuneration, social security and pensions | 62 | €56,481 | €64,965 | +€8,484 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,182 | €5,648 | +€466 | +9.0% |
| Other operating charges | 640/8 | €2,541 | €3,536 | +€995 | +39.1% |
| Gross operating margin | 9900 | €164,335 | €148,252 | -€16,083 | -9.8% |
| Operating profit (loss) | 9901 | €100,131 | €74,103 | -€26,028 | -26.0% |
| Financial income | 75/76B | €2,686 | €2,084 | -€602 | -22.4% |
| Recurring financial income | 75 | €2,686 | €2,084 | -€602 | -22.4% |
| Financial charges | 65/66B | €120 | €189 | +€69 | +57.9% |
| Recurring financial charges | 65 | €120 | €189 | +€69 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €102,697 | €75,998 | -€26,700 | -26.0% |
| Income taxes | 67/77 | €33,570 | €25,036 | -€8,534 | -25.4% |
| Profit (loss) for the period | 9904 | €69,127 | €50,962 | -€18,166 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,127 | €50,962 | -€18,166 | -26.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.