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 -€63,186
down €63,186 (-35.5%), from €177,842 to €114,656
mainly Other debts (-€34,662) and Investment in fixed assets (net) (-€18,097)
- Tangible fixed assets +€3,039
up €3,039 (+6.2%), from €48,694 to €51,733
of which Plant, machinery and equipment: +€3,596
- Other debts -€34,662
down €34,662 (-86.0%), from €40,309 to €5,647
- Tax, wage and social debts -€15,123
down €15,123 (-15.1%), from €100,360 to €85,237
of which Remuneration and social security: -€15,467
- Debts after one year -€12,423
no longer reported in 2025 (was €12,423)
- Current portion of long-term debt -€7,539
down €7,539 (-28.9%), from €26,093 to €18,554
- Trade debts +€7,190
up €7,190 (+51.2%), from €14,041 to €21,232
- Gross operating margin -€52,170
down €52,170 (-8.8%), from €595,771 to €543,602
- Depreciation -€22,578
down €22,578 (-59.8%), from €37,730 to €15,152
- Staff costs +€18,480
up €18,480 (+3.8%), from €491,232 to €509,712
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 | €251,251 | €190,749 | -€60,502 | -24.1% |
| Fixed assets | 21/28 | €54,344 | €57,288 | +€2,945 | +5.4% |
| Tangible fixed assets | 22/27 | €48,694 | €51,733 | +€3,039 | +6.2% |
| Plant, machinery and equipment | 23 | €40,065 | €43,661 | +€3,596 | +9.0% |
| Furniture and vehicles | 24 | €8,629 | €8,073 | -€557 | -6.5% |
| Financial fixed assets | 28 | €5,649 | €5,555 | -€94 | -1.7% |
| Current assets | 29/58 | €196,907 | €133,460 | -€63,447 | -32.2% |
| Stocks and contracts in progress | 3 | €11,425 | €10,796 | -€628 | -5.5% |
| Stocks | 30/36 | €11,425 | €10,796 | -€628 | -5.5% |
| Amounts receivable within one year | 40/41 | €7,641 | €8,008 | +€368 | +4.8% |
| Trade receivables | 40 | €7,641 | €5,342 | -€2,299 | -30.1% |
| Other amounts receivable | 41 | - | €2,667 | +€2,667 | |
| Cash at bank and in hand | 54/58 | €177,842 | €114,656 | -€63,186 | -35.5% |
| Total equity and liabilities | 10/49 | €251,251 | €190,749 | -€60,502 | -24.1% |
| Equity | 10/15 | €58,024 | €60,079 | +€2,055 | +3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,824 | €53,879 | +€2,055 | +4.0% |
| Distributable reserves | 133 | €51,824 | €53,879 | +€2,055 | +4.0% |
| Amounts payable | 17/49 | €193,227 | €130,670 | -€62,557 | -32.4% |
| Amounts payable after more than one year | 17 | €12,423 | - | -€12,423 | |
| Financial debts | 170/4 | €12,423 | - | -€12,423 | |
| Amounts payable within one year | 42/48 | €180,803 | €130,670 | -€50,133 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €26,093 | €18,554 | -€7,539 | -28.9% |
| Trade debts | 44 | €14,041 | €21,232 | +€7,190 | +51.2% |
| Suppliers | 440/4 | €14,041 | €21,232 | +€7,190 | +51.2% |
| Taxes, remuneration and social security | 45 | €100,360 | €85,237 | -€15,123 | -15.1% |
| Taxes | 450/3 | €34,846 | €35,190 | +€344 | +1.0% |
| Remuneration and social security | 454/9 | €65,515 | €50,048 | -€15,467 | -23.6% |
| Other amounts payable | 47/48 | €40,309 | €5,647 | -€34,662 | -86.0% |
| Remuneration, social security and pensions | 62 | €491,232 | €509,712 | +€18,480 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,730 | €15,152 | -€22,578 | -59.8% |
| Other operating charges | 640/8 | €3,313 | €3,165 | -€148 | -4.5% |
| Gross operating margin | 9900 | €595,771 | €543,602 | -€52,170 | -8.8% |
| Operating profit (loss) | 9901 | €63,496 | €15,572 | -€47,924 | -75.5% |
| Financial income | 75/76B | €120 | €124 | +€4 | +3.5% |
| Recurring financial income | 75 | €120 | €124 | +€4 | +3.5% |
| Financial charges | 65/66B | €6,667 | €9,476 | +€2,809 | +42.1% |
| Recurring financial charges | 65 | €6,667 | €9,476 | +€2,809 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €56,949 | €6,220 | -€50,729 | -89.1% |
| Income taxes | 67/77 | €2,613 | €833 | -€1,780 | -68.1% |
| Profit (loss) for the period | 9904 | €54,336 | €5,387 | -€48,949 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,336 | €5,387 | -€48,949 | -90.1% |
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 5 October 2026 via checked.be.